GDG(SH:600098)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 8,353,570,710.45, representing a decrease of 6.93% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 260,663,805.36, an increase of 30.59% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 235,270,957.96, showing a significant increase of 96.49%[4] - Total operating revenue for Q1 2022 was RMB 8,368,382,051.25, a decrease of 6.9% from RMB 8,989,577,684.30 in Q1 2021[16] - Net profit for Q1 2022 reached RMB 220,224,373.75, representing an increase of 18.3% compared to RMB 186,133,823.94 in Q1 2021[17] - Operating profit for Q1 2022 was RMB 247,356,761.66, up 69.2% from RMB 146,205,114.43 in Q1 2021[17] - The total profit for Q1 2022 was RMB 253,006,133.52, an increase of 15.1% from RMB 219,549,070.97 in Q1 2021[17] Cash Flow - The net cash flow from operating activities was negative at CNY -415,935,143.30[4] - Cash flow from operating activities for Q1 2022 was -415,935,143.30 RMB, compared to -245,873,009.34 RMB in Q1 2021, indicating a decline in cash flow[18] - Net cash flow from operating activities was -$42.41 million, an improvement from -$47.99 million in the previous period[25] - Total cash inflow from investment activities was $559.04 million, down from $1,012.55 million in the previous period[25] - Cash outflow from investment activities reached $1.97 billion, compared to $2.72 billion in the previous period[25] - Net cash flow from financing activities was -$151.14 million, a significant decrease from $2.23 billion in the previous period[25] - The net increase in cash and cash equivalents was -$1.60 billion, contrasting with an increase of $476.73 million in the previous period[25] - Cash received from operating activities totaled $20.57 million, compared to $9.75 million in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 58,639,719,690.32, an increase of 0.88% from the end of the previous year[4] - The total current assets were RMB 16,628,975,300.01, slightly decreased from RMB 16,728,567,085.11 in the previous period, indicating a decline of about 0.59%[13] - Total liabilities reached RMB 32,311,434,504.94, compared to RMB 31,995,278,300.09, showing an increase of about 0.98%[14] - The total equity attributable to shareholders was RMB 23,428,695,576.59, up from RMB 23,194,499,057.13, indicating a growth of approximately 1.01%[15] - The total liabilities amounted to 12,712,530,421.60 RMB in Q1 2022, slightly down from 12,804,198,594.82 RMB in Q1 2021, a reduction of approximately 0.7%[22] Inventory and Expenses - The company reported a significant increase in inventory, with a rise of 92.35% due to increased coal stock[6] - Research and development expenses for Q1 2022 amounted to RMB 74,193,395.74, a decrease of 3.6% from RMB 77,256,780.65 in Q1 2021[16] - The company experienced a decrease in sales expenses, which were RMB 40,118,116.58 in Q1 2022, down from RMB 57,863,853.35 in Q1 2021[16] - Financial expenses for Q1 2022 were 45,009,747.06 RMB, down from 59,846,204.41 RMB in Q1 2021, reflecting a decrease of about 25.0%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 51,056[8] - Basic earnings per share for Q1 2022 were RMB 0.0749, slightly down from RMB 0.0750 in Q1 2021[17] Government Support - The company received government subsidies amounting to CNY 5,584,735.23, which are closely related to its normal business operations[5]