Financial Performance - The company's operating revenue for the first quarter was CNY 4,780,789,441.33, a decrease of 6.85% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 11,625,614.84, reflecting a decline of 65.6% year-on-year[3]. - The net cash flow from operating activities was negative CNY 1,252,187,573.47, down 68.02% from the previous year[3]. - Basic earnings per share decreased by 50% to CNY 0.01[3]. - In Q1 2022, the company's net profit was CNY 38,816,914.78, a decrease of 48.9% compared to CNY 76,136,863.59 in Q1 2021[28]. - The total profit for Q1 2022 was CNY 68,961,723.09, down 42.2% from CNY 118,993,722.61 in Q1 2021[28]. - Operating profit for Q1 2022 was CNY 67,814,894.89, a decline of 45.8% from CNY 125,119,333.10 in Q1 2021[28]. - The company's total comprehensive income for Q1 2022 was CNY 38,391,376.29, down 51.1% from CNY 78,631,175.90 in Q1 2021[30]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 60,092,418,419.85, an increase of 2.15% from the end of the previous year[3]. - Total liabilities decreased to CNY 40,939,624,896.88 from CNY 42,312,853,297.15, indicating a reduction of about 3.23%[19]. - The total current assets as of March 31, 2022, amount to 37,751,332,828.03 RMB, compared to 37,377,203,055.44 RMB on December 31, 2021[13]. - The total amount of contract assets is reported at 7,457,585,131.72 RMB as of March 31, 2022[13]. - The total non-current assets amounted to CNY 22,341,085,591.82 as of March 31, 2022, compared to CNY 21,450,832,260.81 at the end of 2021, reflecting an increase of about 4.14%[15]. - The total current liabilities decreased to CNY 27,298,881,198.45 from CNY 29,641,646,708.81, indicating a reduction of approximately 7.93%[18]. - Long-term borrowings increased to CNY 12,991,429,615.60 from CNY 12,022,204,583.61, representing an increase of about 8.06%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 67,590[8]. - China Aluminum Group Co., Ltd. holds 2,176,758,534 shares, accounting for 73.56% of the total shares[9]. - The top ten shareholders collectively hold 77.16% of the company's total share capital, including 2,263,684,000 A-shares and 19,495,000 H-shares[9]. Cash Flow - Cash inflows from operating activities in Q1 2022 amounted to CNY 5,944,680,873.66, an increase of 7.7% compared to CNY 5,520,733,652.76 in Q1 2021[33]. - Cash outflows from operating activities in Q1 2022 totaled CNY 7,196,868,447.13, an increase of 14.8% from CNY 6,265,997,097.99 in Q1 2021[35]. - The net cash flow from operating activities in Q1 2022 was CNY -1,252,187,573.47, worsening from CNY -745,263,445.23 in Q1 2021[35]. - The cash flow from operating activities was negative at CNY -395,826,926.24 in Q1 2022, compared to CNY -194,606,450.65 in Q1 2021[54]. - Cash inflow from financing activities in Q1 2022 was RMB 5.81 billion, a decrease of 20.5% compared to RMB 7.34 billion in Q1 2021[38]. - The net cash flow from financing activities in Q1 2022 was RMB 2.60 billion, compared to RMB 673 million in Q1 2021, indicating a significant increase[38]. - The company reported a net increase in cash and cash equivalents of RMB 1,475.66 million, down from RMB 2,434.26 million in the same quarter last year[59]. Expenses - Operating costs for Q1 2022 were CNY 4,421,507,378.87, down from CNY 4,610,369,025.70 in Q1 2021, showing a decrease of approximately 4.1%[23]. - Research and development expenses for Q1 2022 were CNY 79,101,864.43, compared to CNY 111,295,585.70 in Q1 2021, indicating a reduction of about 29%[24]. - Financial expenses, including interest expenses, decreased to CNY 75,624,777.80 in Q1 2022 from CNY 113,856,874.45 in Q1 2021, a decline of approximately 33.5%[24]. - The company reported a significant increase in cash received from minority shareholders' investments, totaling RMB 2.59 billion in Q1 2022, compared to RMB 600 million in Q1 2021, marking a growth of 331.7%[38]. Audit and Compliance - The report indicates that the financial statements have not been audited[2]. - The company has not provided any audited financial statements for the reporting period[11]. - The company did not apply the definition of non-recurring gains and losses to any of its regular business operations[7]. - The company has not disclosed any significant related party transactions among the top shareholders[10].
中铝国际(02068) - 2022 Q1 - 季度财报