华能水电(600025) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 3,940,946,463.48, representing a year-on-year increase of 2.72%[2] - The net profit attributable to shareholders of the listed company was CNY 741,989,991.03, reflecting a significant increase of 23.40% compared to the same period last year[2] - Basic and diluted earnings per share were both CNY 0.04, marking a year-on-year increase of 23.35%[3] - The company reported a net profit of CNY 793,223,475.25 for Q1 2022, compared to CNY 673,541,973.00 in Q1 2021, reflecting a growth of 17.77%[17] - The total comprehensive income for Q1 2022 was CNY 788,639,549.23, compared to CNY 669,870,704.77 in Q1 2021, showing an increase of 17.73%[17] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 31.79% to CNY 2,036,740,722.66, primarily due to a reduction in the amount of receivables[2] - Cash inflow from operating activities for Q1 2022 was approximately ¥3.14 billion, a decrease of 22.3% compared to ¥4.04 billion in Q1 2021[18] - Cash inflow from financing activities increased significantly to approximately ¥13.30 billion in Q1 2022, compared to ¥7.43 billion in Q1 2021, representing an increase of 79.4%[19] - The net cash position at the end of Q1 2022 was approximately ¥2.09 billion, a significant increase from ¥1.32 billion at the end of Q1 2021[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 161,794,648,324.70, a slight increase of 0.71% from the end of the previous year[3] - Total liabilities increased to RMB 7,921,528,131.56 from RMB 6,035,960,684.83, showing a growth of about 31.3%[13] - Total liabilities as of Q1 2022 amounted to CNY 95,045,721,033.12, an increase from CNY 94,427,569,009.57 in the previous year[14] - The company's current assets reached RMB 5,531,895,515.18, up from RMB 3,667,009,524.07, indicating a significant increase of about 50.7% year-over-year[12] Research and Development - The company's R&D expenses increased by 107.40% compared to the previous year, indicating a significant investment in innovation[8] - Research and development expenses for Q1 2022 were CNY 8,722,314.65, significantly higher than CNY 4,205,469.82 in Q1 2021, indicating increased investment in innovation[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 95,597, with the largest shareholder being China Huaneng Group Co., Ltd., holding 50.4% of shares[9] - There are no reported significant changes in shareholder relationships or actions among the top shareholders[10] Other Financial Metrics - The weighted average return on equity increased by 0.18 percentage points to 1.15%[3] - The company reported a total of CNY 1,459,921.42 in non-recurring gains and losses for the period[4] - The company has a long-term loan liability of approximately ¥71.45 billion, indicating significant leverage[22] - The company’s total equity includes perpetual bonds valued at approximately ¥12.96 billion, contributing to its capital structure[23]