Financial Performance - The company's operating revenue for Q1 2022 reached RMB 1,697,136,182.40, an increase of 23.4% compared to RMB 1,375,411,196.75 in Q1 2021[12]. - Net profit attributable to shareholders for Q1 2022 was RMB 84,277,253.26, up from RMB 22,812,079.53 in Q1 2021, representing a significant increase of 269.5%[12]. - Total profit for Q1 2022 was RMB 93.93 million, an increase of 53.24% compared to RMB 61.33 million in Q1 2021[13]. - Net profit attributable to shareholders for Q1 2022 was RMB 79.84 million, up 53.24% from RMB 52.13 million in Q1 2021[29]. - Earnings per share for Q1 2022 was RMB 0.03, compared to RMB 0.01 in Q1 2021, indicating a 200% increase[12]. Assets and Liabilities - As of March 31, 2022, the total assets of Zhaojin Mining Industry Company Limited increased to RMB 46.27 billion from RMB 42.91 billion as of December 31, 2021, representing an increase of approximately 7.9%[2][5]. - The total current liabilities increased from RMB 15.77 billion to RMB 18.09 billion, reflecting a rise of about 8.4%[3]. - The total liabilities increased from RMB 23.25 billion to RMB 26.32 billion, an increase of approximately 13.3%[4]. - The company's total equity increased from RMB 19.66 billion to RMB 19.95 billion, marking a growth of approximately 1.5%[5]. - The total assets increased from RMB 33,983,618,611.99 as of December 31, 2021, to RMB 38,005,519,714.33 as of March 31, 2022, reflecting a growth of 11.9%[11]. Cash Flow - Cash flow from operating activities for Q1 2022 was RMB 134.61 million, compared to a cash outflow in the previous period[14]. - Total cash inflow from operating activities was RMB 2.78 billion, while cash outflow was RMB 2.65 billion, resulting in a net cash flow of RMB 134.61 million[14]. - The net increase in cash and cash equivalents for Q1 2022 was RMB 1.96 billion[14]. - Cash and cash equivalents rose significantly from RMB 3.76 billion to RMB 5.72 billion, an increase of approximately 52.4%[2]. - Cash inflow from financing activities in Q1 2022 amounted to RMB 10.74 billion, with a net cash inflow of RMB 2.84 billion after debt repayments[30]. Investments and Expenses - The company reported a decrease in financial expenses from RMB 164,473,314.43 in Q1 2021 to RMB 123,876,803.11 in Q1 2022, a reduction of 24.7%[12]. - The company’s financial expenses decreased significantly to RMB 35.34 million in Q1 2022 from RMB 65.51 million in Q1 2021, reflecting improved cost management[29]. - Investment activities resulted in a net cash outflow of RMB 1.01 billion in Q1 2022, primarily due to cash payments for investments totaling RMB 917.40 million[15]. - The company reported a net cash outflow from investing activities of RMB 1.01 billion in Q1 2022, indicating increased investment efforts[30]. Operational Metrics - The company's inventory balance increased from RMB 4.18 billion to RMB 4.29 billion, a rise of about 2.6%[2]. - The accounts receivable increased significantly from RMB 158.54 million to RMB 380.13 million, representing an increase of approximately 139.5%[2]. - The total operating costs for Q1 2022 were RMB 381.55 million, up from RMB 302.15 million in Q1 2021, indicating rising operational expenses[29]. - The company received RMB 1.76 billion from sales of goods and services in Q1 2022, contributing to strong cash flow generation[31]. Future Plans - The company plans to expand its market presence and invest in new technologies to enhance operational efficiency[28]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32].
招金矿业(01818) - 2022 Q1 - 季度财报