RIZHAO PORT(SH:600017)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 1,832,466,292.27, representing a year-on-year increase of 17.97%[7] - The net profit attributable to shareholders of the listed company was RMB 248,271,012.57, up 24.55% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 238,690,561.95, reflecting a growth of 19.98% year-on-year[7] - The net profit for Q1 2022 was CNY 279,095,091.75, an increase of 24.9% compared to CNY 223,395,254.87 in Q1 2021[31] - The total comprehensive income for Q1 2022 was CNY 278,519,762.13, compared to CNY 222,406,314.33 in Q1 2021, reflecting a growth of 25.3%[33] - The operating profit for Q1 2022 reached CNY 338,204,077.32, compared to CNY 285,651,593.91 in Q1 2021, marking an increase of 18.4%[31] Cash Flow - The net cash flow from operating activities reached RMB 591,816,443.01, an increase of 34.38% compared to the previous year[10] - The cash flow from operating activities netted CNY 591,816,443.01, an increase of 34.3% from CNY 440,388,898.73 in Q1 2021[35] - The company’s cash inflow from operating activities was primarily driven by an increase in cash received from sales, which totaled approximately 1.11 billion RMB in Q1 2022, compared to 997.7 million RMB in Q1 2021[46] - Cash inflow from financing activities in Q1 2022 was approximately 733.4 million RMB, up from 698.5 million RMB in Q1 2021, indicating a growth of about 5.3%[48] - Net cash flow from financing activities for Q1 2022 was approximately 91.7 million RMB, a significant improvement compared to a net outflow of approximately 12.6 million RMB in Q1 2021[48] Assets and Liabilities - The total assets at the end of the reporting period were RMB 29,782,149,819.69, a 1.98% increase from the end of the previous year[10] - Total assets reached CNY 29,782,149,819.69 in Q1 2022, up from CNY 29,202,895,994.05 in Q1 2021, reflecting a growth of 2.0%[28] - Total liabilities increased to CNY 14,735,680,950.42 in Q1 2022 from CNY 14,439,642,585.66 in Q1 2021, showing a rise of 2.0%[28] - Total liabilities rose to ¥11,821,008,816.45 from ¥11,474,224,076.48, indicating an increase of approximately 3.03%[41] Equity and Earnings - Basic earnings per share were RMB 0.08, which is a 24.19% increase from the same period last year[10] - The company reported a basic earnings per share of CNY 0.08, up from CNY 0.07 in the previous year[33] - The total equity increased to ¥12,276,656,051.84 from ¥12,137,200,506.73, reflecting a growth of about 1.15%[41] Research and Development - Research and development expenses for Q1 2022 amounted to CNY 11,875,659.91, indicating ongoing investment in innovation[28] - Research and development expenses for Q1 2022 were ¥10,219,394.93, indicating ongoing investment in innovation[44] Investment Activities - The investment activities generated a net cash flow of -CNY 330,616,404.53, worsening from -CNY 170,580,867.94 in Q1 2021[35] - Cash outflow for investing activities in Q1 2022 was approximately 259.9 million RMB, compared to 122.8 million RMB in Q1 2021, indicating a significant increase in investment spending[46] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[47]