Financial Performance - Operating revenue for the first quarter was RMB 6,531,000,365, representing a year-on-year increase of 5.52%[5] - Net profit attributable to shareholders decreased by 8.51% to RMB 671,783,419[5] - Basic and diluted earnings per share were both RMB 0.32, down 8.57% year-on-year[5] - Total comprehensive income for Q1 2022 was RMB 599,511,660, a decrease of 26% from RMB 809,678,544 in Q1 2021[17] - The company reported a total profit of RMB 883,467,396 for Q1 2022, down 15% from RMB 1,039,415,358 in Q1 2021[16] - Operating profit for Q1 2022 was -173,469,975 RMB, compared to -5,428,909 RMB in Q1 2021, indicating a significant decline in profitability[21] - Net profit for Q1 2022 was -130,427,319 RMB, worsening from -3,120,939 RMB in Q1 2021, reflecting ongoing financial challenges[21] Cash Flow - Net cash flow from operating activities was negative at RMB -319,399,790, a decrease of 210.92% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of RMB 319,399,790, compared to a net inflow of RMB 287,961,671 in Q1 2021[18] - Cash inflow from operating activities for Q1 2022 was CNY 1,744,793,686, an increase of 13.5% compared to CNY 1,536,258,594 in Q1 2021[22] - Net cash flow from operating activities decreased to CNY 146,214,340 in Q1 2022, down 35.9% from CNY 228,030,019 in Q1 2021[22] - Cash inflow from financing activities reached CNY 2,149,419,274 in Q1 2022, an increase of 46.0% from CNY 1,471,425,660 in Q1 2021[22] - Net cash flow from financing activities improved to CNY 241,229,117 in Q1 2022, compared to a negative CNY 984,718,560 in Q1 2021[22] Assets and Liabilities - Total assets at the end of the reporting period were RMB 52,932,912,389, an increase of 0.73% from the previous year[5] - Current assets decreased from 16,126,716,577 RMB at the end of 2021 to 14,596,637,781 RMB as of March 31, 2022, a decline of approximately 9.5%[14] - Total liabilities decreased from 23,171,780,742 RMB to 22,866,017,524 RMB, a decline of approximately 1.3%[15] - Non-current assets increased from 36,422,901,473 RMB to 38,336,274,608 RMB, an increase of about 5.2%[14] - The company reported a cash balance of 7,995,108,815 RMB, down from 8,836,439,385 RMB, a decrease of approximately 9.5%[14] - Long-term debt of 5,654,468,024 RMB, up from 5,081,924,506 RMB, an increase of about 11.3%[15] Shareholder Information - The number of A-share shareholders was 64,719 as of March 31, 2022[10] - Total number of common shareholders at the end of the reporting period was 64,720[11] - The largest shareholder, Hong Kong Central Clearing Limited, holds 734,720,000 shares, representing 35.04% of total shares[12] Research and Development - Research and development expenses increased by 95.69%, reflecting a focus on environmental protection and new materials[8] - Research and development expenses increased significantly to RMB 7,804,315, up 96.1% from RMB 3,988,037 in the same period last year[16] - Research and development expenses increased significantly to 252,495 RMB in Q1 2022, compared to only 12,579 RMB in Q1 2021, indicating a focus on innovation[21] Investment Activities - The company experienced a significant decrease in investment income by 231.81% due to reduced earnings from joint ventures[8] - Cash inflow from investment activities totaled CNY 1,925,497,760 in Q1 2022, significantly up from CNY 617,533,439 in Q1 2021, marking a 211.5% increase[22] - Net cash flow from investment activities was negative CNY 1,108,256,845 in Q1 2022, compared to a positive CNY 268,260,691 in Q1 2021[22] - Cash outflow for investment activities was CNY 3,033,754,605 in Q1 2022, compared to CNY 349,272,748 in Q1 2021, indicating a substantial increase in investment expenditures[22] Currency and Foreign Exchange - The company experienced a foreign currency translation loss of RMB 105,988,419 in Q1 2022, compared to a gain of RMB 569,400 in Q1 2021[17] - The company experienced a negative impact of CNY 1,848,984 from foreign exchange fluctuations on cash and cash equivalents in Q1 2022[22]
华新水泥(06655) - 2022 Q1 - 季度财报