SLSVC(SH:600123)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 3,270,572,799.08, representing a 50.50% increase compared to the same period last year[2]. - Net profit attributable to shareholders was RMB 874,933,137.77, showing a significant increase of 285.73% year-on-year[2]. - The net cash flow from operating activities reached RMB 839,864,660.64, reflecting an increase of 870.15% compared to the previous year[2]. - The total operating revenue for Q1 2022 was approximately ¥3.27 billion, a significant increase of 50.6% compared to ¥2.17 billion in Q1 2021[16]. - The net profit for Q1 2022 reached approximately ¥894.90 million, up 348.5% from ¥199.40 million in Q1 2021[16]. - The operating profit for Q1 2022 was approximately ¥1.17 billion, compared to ¥311.29 million in Q1 2021, reflecting a substantial growth[16]. - The company reported a total profit of approximately ¥1.02 billion for Q1 2022, up from ¥365.28 million in Q1 2021, marking an increase of 179.7%[22]. - The company's total comprehensive income for Q1 2022 was approximately ¥798.72 million, compared to ¥274.66 million in Q1 2021, reflecting a growth of 190.5%[23]. Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 30,279,835,713.38, which is a 5.41% increase from the end of the previous year[2]. - The total assets as of March 31, 2022, amounted to RMB 30,319,271,233.77, up from RMB 28,679,485,915.81 at the end of 2021, reflecting a growth of approximately 5.7%[19]. - The total liabilities increased to approximately ¥16.41 billion in Q1 2022 from ¥15.83 billion in Q1 2021, showing a growth of 3.7%[15]. - The total liabilities increased to RMB 12,378,599,869.83 in Q1 2022 from RMB 11,599,541,792.50 in Q4 2021, marking an increase of about 6.7%[21]. - The total equity attributable to shareholders was RMB 14,014,882,029.75, reflecting a 7.28% increase from the previous year[4]. - The total equity as of March 31, 2022, was RMB 17,940,671,363.94, an increase from RMB 17,079,944,123.31 at the end of 2021, indicating a growth of about 5%[21]. Production and Sales - The company reported a 12.65% increase in coal production volume, reaching 2,800,600 tons in Q1 2022[8]. - The sales volume of coal increased by 19.15% to 2,445,000 tons, with a sales price of RMB 984.28 per ton, up 62.65% year-on-year[8]. - The gross profit from coal sales was RMB 168,649,000, representing a 144.99% increase compared to the same period last year[8]. - The company’s sales revenue from goods and services received cash of approximately ¥1.83 billion, compared to ¥949.28 million in the previous year, representing an increase of 92.7%[24]. Cash Flow - Cash and cash equivalents amounted to CNY 3.43 billion, up from CNY 2.70 billion, indicating a growth of about 27.1% year-over-year[13]. - Cash and cash equivalents at the end of Q1 2022 were RMB 3,030,961,434.00, compared to RMB 1,758,879,992.33 at the end of Q1 2021, representing an increase of approximately 72.4%[18]. - The cash flow from operating activities generated a net amount of approximately ¥630.73 million, a turnaround from a negative cash flow of ¥323.45 million in the same period last year[24]. - The company reported a net cash outflow from investing activities of RMB -66,605,950.44 in Q1 2022, an improvement from RMB -182,800,753.76 in Q1 2021[18]. Investments and Strategic Moves - The company approved an investment of CNY 200 million to establish a wholly-owned subsidiary focused on coal sales, enhancing market presence[12]. - The company plans to transfer 100% equity of Rizhao Lanhua Yedian Energy Co., Ltd. for CNY 72.94 million, indicating strategic divestment[12]. Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 52,757[10]. - The largest shareholder, Shanxi Lanhua Coal Industry Group Co., Ltd., holds 45.11% of the shares, totaling 515.34 million shares[10].