Financial Performance - The company's operating revenue for the first quarter reached RMB 118,026,827, representing a year-on-year increase of 25.00%[3] - Net profit attributable to shareholders of the listed company was RMB 2,681,072, reflecting a growth of 25.46% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 2,581,676, an increase of 27.69% year-on-year[3] - Basic earnings per share for the quarter was RMB 0.12, up by 20.00% from the previous year[3] - Total revenue for Q1 2022 reached RMB 118,026,827, a 25% increase from RMB 94,423,385 in Q1 2021[18] - Operating profit for Q1 2022 was RMB 7,291, a decrease from RMB 8,123 in Q1 2021[18] - Net profit attributable to shareholders for Q1 2022 was RMB 2,681,072, up from RMB 2,137,039 in Q1 2021, representing a 25.5% increase[19] - Total comprehensive income for Q1 2022 was 3,812,326, an increase from 3,014,708 in Q1 2021[45] Cash Flow and Liquidity - The net cash flow from operating activities was negative at RMB -14,542,276, indicating a significant cash outflow[3] - Cash flow from operating activities showed a net outflow of RMB 14,542,276 thousand in Q1 2022, compared to a net outflow of RMB 12,987,113 thousand in Q1 2021[23] - The net cash inflow from financing activities in Q1 2022 was RMB 30,200,770 thousand, significantly higher than RMB 5,519,334 thousand in Q1 2021[24] - Cash and cash equivalents at the end of Q1 2022 amounted to RMB 44,707,413 thousand, up from RMB 38,068,731 thousand at the end of Q1 2021[24] - The net increase in cash and cash equivalents for Q1 2022 was 13,490,589, a turnaround from a decrease of 4,096,571 in Q1 2021[49] Assets and Liabilities - Total assets at the end of the reporting period amounted to RMB 583,639,494, a 7.39% increase from the end of the previous year[3] - As of March 31, 2022, the company's total current assets reached RMB 453.995 billion, up from RMB 412.316 billion as of December 31, 2021, indicating a growth of approximately 10.1%[14] - Total liabilities increased to RMB 429,146,864 as of March 31, 2022, up from RMB 392,082,388 at the end of 2021[16] - Long-term borrowings rose to RMB 28,104,587 as of March 31, 2022, compared to RMB 25,332,533 at the end of 2021[16] - The total amount of receivables financing decreased to RMB 10.572 billion from RMB 11.858 billion, a decline of about 10.8%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 424,620[5] - The largest shareholder, China Metallurgical Group Corporation, holds 49.18% of the shares[5] - The company reported a total of 10,190,955,300 shares held by China Metallurgical Group Corporation, representing a significant portion of the unlimited sale condition shares[7] - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 2,842,123,951 shares, accounting for 13.71%[30] - The top ten shareholders include major entities such as China Petroleum & Natural Gas Group, holding 1,227,760,000 shares, which is a substantial stake in the company[7] Research and Development - Research and development expenses increased to RMB 2,627,098 in Q1 2022, compared to RMB 1,699,799 in Q1 2021, reflecting a 54.7% rise[18] Contracts and Business Growth - The company signed new contracts totaling RMB 319.114 billion in Q1 2022, representing a year-on-year increase of 13.74%, with engineering contracts amounting to RMB 310.5 billion[11] - The company plans to continue expanding its market presence and investing in new technologies and products to drive future growth[36] Non-Operating Income - The company reported non-operating income of RMB 99,396 after accounting for various non-recurring gains and losses[4] - Non-operating income for the period amounted to RMB 99,396,000, with government subsidies contributing RMB 96,106,000[29]
中国中冶(01618) - 2022 Q1 - 季度财报