Financial Performance - The company's operating revenue for Q1 2022 was approximately RMB 17.18 billion, a slight increase of 0.17% compared to the same period last year[5]. - Net profit attributable to shareholders for Q1 2022 was approximately RMB 2.85 billion, representing a year-on-year increase of 20.10%[5]. - The total profit for Q1 2022 was approximately RMB 5.17 billion, an increase of about RMB 800 million compared to the same period last year[7]. - The net profit for Q1 2022 was CNY 4,263,667,424.10, an increase of 11.9% compared to CNY 3,808,829,160.29 in Q1 2021[21]. - Operating profit for Q1 2022 reached CNY 5,175,654,506.33, up from CNY 4,366,025,112.67 in the same period last year, reflecting a growth of 18.5%[21]. - The company reported a total comprehensive income of CNY 4,240,422,163.67 for Q1 2022, compared to CNY 3,878,294,824.72 in Q1 2021, representing an increase of 9.3%[22]. - Basic and diluted earnings per share for Q1 2022 were both CNY 0.056, up from CNY 0.047 in the same quarter last year, reflecting a growth of 19.1%[22]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 46.96% to approximately RMB 3.94 billion compared to the previous year[5]. - Cash inflow from investment activities increased by 1976.30% to RMB 153,777.94 million, mainly from the maturity of term deposits over three months[10]. - Cash flow from financing activities showed a net outflow of RMB 110,307.14 million, a decrease of 63.61% compared to the previous year[11]. - The net increase in cash and cash equivalents was RMB 200,913.21 million, a 272.46% increase compared to the previous year[11]. - The company reported a significant increase in investment-related cash receipts, up 2535.34% to RMB 152,962.31 million, primarily from the maturity of term deposits[10]. - Cash flow from operating activities generated a net amount of CNY 3,944,891,218.50, significantly lower than CNY 7,438,028,014.38 in the previous year, a decrease of 47.0%[24]. - The cash and cash equivalents at the end of the period reached CNY 13,580,971,074.92, compared to CNY 9,258,572,764.28 at the end of the previous year[25]. - The net increase in cash and cash equivalents was CNY 2,009,132,058.81, compared to CNY 539,428,823.24 in the previous year[25]. Assets and Liabilities - The company's total assets at the end of the reporting period were approximately RMB 403.20 billion, a 0.80% increase from the end of the previous year[5]. - The equity attributable to shareholders at the end of the reporting period was approximately RMB 103.77 billion, reflecting a 2.83% increase from the previous year[5]. - Total liabilities amounted to CNY 249,803,898,027.73, a slight increase from CNY 249,082,576,221.41, reflecting a growth of approximately 0.29%[19]. - The company's equity attributable to shareholders increased to CNY 103,765,164,056.17 from CNY 100,910,553,004.39, representing a growth of about 2.79%[19]. - The company reported a decrease in short-term borrowings to CNY 16,097,869,897.84 from CNY 16,374,993,758.88, which is a reduction of approximately 1.68%[18]. - The company’s long-term borrowings increased to CNY 159,430,582,677.83 from CNY 155,921,820,998.03, indicating a growth of about 3.22%[19]. Expenses and Investments - Sales expenses decreased by 77.86% to RMB 835.93 million due to delays in sales activities caused by the COVID-19 pandemic[9]. - R&D expenses decreased by 36.64% to RMB 13,345.30 million, primarily due to differences in the progress of research projects[9]. - The financial expenses for Q1 2022 were CNY 1,558,969,625.91, slightly higher than CNY 1,527,206,279.90 in Q1 2021, an increase of 2.1%[21]. - The total tax expenses for Q1 2022 were CNY 906,066,807.10, compared to CNY 557,890,970.08 in Q1 2021, an increase of 62.4%[21]. - Investment income increased by 59.33% to RMB 39,500.58 million, mainly from increased returns on investment in Hongyanhe Nuclear Power[9]. - The company recorded investment income of CNY 395,005,846.79, significantly higher than CNY 247,923,663.05 in the previous year, marking an increase of 59.5%[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 286,276, with the largest shareholder, China General Nuclear Power Group, holding 58.82%[12]. - The company plans to distribute a cash dividend of RMB 0.84 per share, pending approval at the annual general meeting[15]. Other Information - The company received government subsidies amounting to approximately RMB 54.39 million related to research projects during the reporting period[6]. - Other receivables increased by 115.29% to approximately RMB 114.79 million, mainly due to pre-project expenses settled by Yangxi Nuclear Power[8]. - The company repaid RMB 2 billion of short-term financing bonds during Q1 2022, leading to a 34.22% decrease in other current liabilities[8]. - The company did not undergo an audit for the first quarter report[26].
中广核电力(01816) - 2022 Q1 - 季度财报