Financial Performance - The company's operating revenue for the first quarter reached RMB 29,799,681, an increase of 18.12% compared to RMB 25,094,878 in the same period last year[4]. - The net profit attributable to shareholders of the listed company was -RMB 409,163, representing a decrease of 144.32% from RMB 808,543 in the previous year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -RMB 489,203, down 155.47% from RMB 767,168 in the same period last year[4]. - Basic earnings per share were -RMB 0.0415, a decrease of 236.63% from RMB 0.0242 in the previous year[4]. - The comprehensive income total for Q1 2022 was a loss of RMB 312,446 thousand, contrasting with a total of RMB 1,117,806 thousand in Q1 2021[32]. - The company experienced a significant increase in operating costs due to rising coal prices, impacting net profit and earnings per share[51]. Cash Flow - The net cash flow from operating activities was RMB 5,519,401, an increase of 7.78% compared to RMB 5,121,003 in the previous year[4]. - Operating cash inflow for Q1 2022 was $33,397,234, an increase of 26.5% compared to $26,472,180 in Q1 2021[35]. - Total cash outflow for operating activities in Q1 2022 was $27,877,833, compared to $21,351,177 in Q1 2021, indicating a 30.5% increase[36]. - Cash inflow from financing activities in Q1 2022 totaled $27,198,333, significantly higher than $13,421,518 in Q1 2021, driven by increased borrowings[38]. - The company reported a net cash flow from financing activities of -$3,635,388 in Q1 2022, compared to -$2,757,268 in Q1 2021, indicating increased financial strain[38]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 291,668,995, a decrease of 1.51% from RMB 295,967,700 at the end of the previous year[4]. - The total liabilities as of March 31, 2022, were RMB 215,609,534 thousand, a decrease from RMB 219,800,661 thousand as of December 31, 2021[22]. - Current liabilities total 94,882,477,000 RMB, slightly down from 96,022,088,000 RMB at the end of 2021[21]. - Cash and cash equivalents stand at 10,579,749,000 RMB, down from 11,258,406,000 RMB[19]. - The company reported a retained earnings deficit of -11,812,179 as of January 1, 2022, showing an improvement from -11,979,188 the previous year[44]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 209,921[9]. - The largest shareholder, China Datang Corporation, holds 6,540,706,520 shares, representing 35.34% of the total shares[10]. - HKSCC NOMINEES LIMITED holds 6,083,954,247 shares, accounting for 32.87% of the total shares, with a pledge of 3,275,623,820 shares[10]. - The top ten shareholders held a total of 82.42% of the shares, with China Datang Corporation holding 35.34%[55]. Research and Development - The company's research and development expenses increased by 36.83%, reflecting a commitment to enhance R&D investment[8]. - Research and development expenses for Q1 2022 amounted to RMB 1,122 thousand, an increase from RMB 820 thousand in Q1 2021[27]. Investment Income - The investment income decreased by 190.32% due to a decline in the performance of joint ventures[8]. - The company experienced a decline in investment income from joint ventures, reporting a loss of RMB 243,240 thousand in Q1 2022, compared to a gain of RMB 260,245 thousand in Q1 2021[28].
大唐发电(00991) - 2022 Q1 - 季度财报