Financial Performance - The total operating revenue for the first quarter of 2022 was RMB 3,477,722,215.51, representing a year-on-year increase of 13.02%[5] - The net profit attributable to shareholders of the listed company was RMB 25,027,949.60, showing a significant decrease of 92.70% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 26,398,691.65, down 92.28% year-on-year[5] - The basic earnings per share were RMB 0.0053, reflecting a decrease of 92.63% compared to the previous year[5] - The net cash flow from operating activities was RMB -327,897,846.48, a decline of 163.63% year-on-year[5] - The net profit for Q1 2022 was RMB 106 million, a decrease of 73.65% year-on-year, with a profit attributable to shareholders of RMB 25 million, down 92.70% year-on-year[16] - Operating profit for Q1 2022 was RMB 163,992,510.71, down 65.6% from RMB 476,389,538.60 in Q1 2021[22] - Net profit for Q1 2022 decreased to RMB 106,213,597.37, compared to RMB 403,032,056.68 in Q1 2021, representing a decline of 73.7%[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to RMB 59,737,257,754.29, an increase of 0.59% from the end of the previous year[6] - The equity attributable to shareholders of the listed company was RMB 28,602,929,357.31, showing a slight increase of 0.04% compared to the previous year[6] - As of March 31, 2022, total assets amounted to RMB 59.737 billion, compared to RMB 59.389 billion as of December 31, 2021[19] - Current liabilities totaled RMB 12.873 billion as of March 31, 2022, down from RMB 13.338 billion as of December 31, 2021[18] - The company reported a total equity of RMB 30.019 billion as of March 31, 2022, compared to RMB 29.922 billion as of December 31, 2021[19] - Total liabilities as of March 31, 2022, were RMB 20,004,295,966.43, compared to RMB 19,504,137,330.85 at the end of 2021, indicating an increase of 2.6%[21] Operational Highlights - The company's tanker capacity input for Q1 2022 was 208,053.54 million ton-days, an increase of 7.66% year-on-year, while the transportation volume (excluding time charter) was 45.7358 million tons, up 14.78% year-on-year[16] - The operating revenue for the tanker segment in Q1 2022 was RMB 3.167 billion, an increase of 14.73% year-on-year, while the operating cost was RMB 3.129 billion, up 22.22% year-on-year[16] - The company's gross profit margin for Q1 2022 was 1.19%, a decrease of 6.05 percentage points year-on-year[16] Cash Flow and Investments - Cash flow from operating activities in Q1 2022 showed a net outflow of CNY 327,897,846.48, contrasting with a net inflow of CNY 515,292,354.77 in Q1 2021[25] - Cash flow from investing activities in Q1 2022 resulted in a net outflow of CNY 1,158,710,209.28, compared to a net outflow of CNY 1,714,176,479.72 in Q1 2021[25] - Cash flow from financing activities in Q1 2022 generated a net inflow of CNY 643,882,130.37, while in Q1 2021 there was a net outflow of CNY 545,822,315.95[26] - Total cash and cash equivalents at the end of Q1 2022 were CNY 2,715,026,560.78, down from CNY 3,135,026,080.68 at the end of Q1 2021[26] Research and Development - Research and development expenses for Q1 2022 were RMB 1,707,214.98, a substantial increase from RMB 344,557.56 in Q1 2021, reflecting a growth of 394.5%[22] - Research and development expenses in Q1 2022 were CNY 1,707,214.98, significantly higher than CNY 344,557.56 in Q1 2021, reflecting increased investment in innovation[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 83,040[9] - As of March 31, 2022, China COSCO Shipping Group directly held 619,426,195 A-shares, representing approximately 45.28% of the total issued share capital of the company[12] Future Strategy - The company plans to focus on market expansion and new product development as part of its future strategy[24] Board of Directors - The board of directors consists of executive directors Ren Yongqiang and Zhu Maijin, non-executive directors Zhang Qinghai and Liu Zhusheng, and independent non-executive directors Zhang Songsheng, Huang Weide, Li Runsheng, Zhao Jinsong, and Wang Zuwen[30]
中远海能(01138) - 2022 Q1 - 季度财报