Financial Performance - The company's operating revenue for Q1 2022 was CNY 13,480,608,653.55, representing an increase of 84.49% compared to CNY 7,306,971,138.44 in the same period last year[7]. - Net profit attributable to shareholders for Q1 2022 was CNY 314,968,558.27, a significant recovery from a loss of CNY 329,412,175.49 in the previous year[8]. - Basic and diluted earnings per share for Q1 2022 were CNY 0.05, recovering from a loss of CNY 0.07 in the previous year[8]. - The company reported a gross profit margin of approximately 3.9% in Q1 2022, compared to a negative margin in the same period last year[22]. - The total comprehensive income for Q1 2022 was ¥332.29 million, compared to a total comprehensive loss of ¥281.08 million in Q1 2021[24]. Cash Flow - The net cash flow from operating activities was CNY 159,870,275.08, a decrease of 70.14% compared to CNY 535,383,048.59 in the same period last year[8]. - Cash flow from operating activities was ¥14.24 billion in Q1 2022, compared to ¥7.44 billion in Q1 2021, indicating strong cash generation[25]. - The net cash flow from operating activities for Q1 2022 was CNY 159,870,275.08, a decrease of 70.16% compared to CNY 535,383,048.59 in Q1 2021[27]. - Total cash inflow from financing activities in Q1 2022 was CNY 5,390,984,111.11, compared to CNY 2,933,242,000.00 in Q1 2021, indicating an increase of about 83.9%[37]. - The net cash flow from financing activities in Q1 2022 was CNY 1,016,260,879.06, significantly higher than CNY 107,954,726.09 in Q1 2021, marking an increase of around 840.5%[37]. Assets and Liabilities - Total assets as of the end of Q1 2022 were CNY 80,974,499,225.56, an increase of 3.41% from CNY 78,307,585,715.51 at the end of the previous year[8]. - The total liabilities of the company reached approximately CNY 48.78 billion, compared to CNY 46.52 billion in the previous year, reflecting a growth of about 4.9%[20]. - The company's total equity reached CNY 24,336,429,535.98, slightly increasing from CNY 24,330,688,240.48 in the previous year[32]. - The total liabilities rose to CNY 15,947,381,494.16, compared to CNY 14,295,560,101.65 in the previous year, indicating an increase of 11.6%[32]. Operational Highlights - Operating revenue grew by 84.49% driven by increased gold production and bulk trading activities[11]. - The production of self-mined gold reached 9,432.82 kg, reflecting a 55.08% increase year-on-year[15]. - The company is currently facing delays in resuming operations at certain mining sites due to pending approvals related to ecological protection measures[19]. - The company has not provided specific guidance for future performance due to ongoing operational challenges and market conditions[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 199,012[13]. - The largest shareholder, Shandong Gold Group Co., Ltd., holds 1,694,069,251 shares, accounting for 37.87% of total shares[13]. Expenses and Investments - Research and development expenses increased to ¥57.75 million in Q1 2022, up 20.5% from ¥48.10 million in Q1 2021[22]. - The company reported a significant increase in income tax expenses by 383.70% due to a substantial rise in profits compared to the previous year[11]. - The company recorded an investment loss of ¥26.73 million in Q1 2022, contrasting with an investment gain of ¥102.43 million in Q1 2021[23].
山东黄金(01787) - 2022 Q1 - 季度财报