GGEP(SH:600236)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥2,583,977,231.93, representing a year-on-year increase of 34.56%[4] - The net profit attributable to shareholders for Q1 2022 was ¥759,967,241.48, reflecting a significant increase of 94.29% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥756,237,010.47, which is an increase of 94.75% year-on-year[4] - The basic earnings per share for Q1 2022 was ¥0.0937, up by 87.40% compared to the previous year[5] - The diluted earnings per share for Q1 2022 was also ¥0.0937, consistent with the basic earnings per share due to no potential ordinary shares[10] - The weighted average return on equity increased by 1.87 percentage points to 4.09%[5] - The company's total costs for Q1 2022 were ¥1,563,130,311.45, which is an increase of 9.9% from ¥1,422,073,112.14 in Q1 2021[19] - Net profit for Q1 2022 reached ¥883,471,195.75, up 103.5% from ¥435,190,534.35 in Q1 2021[20] - Operating profit for Q1 2022 was CNY 1,016,870,049.49, up from CNY 499,921,754.18 in Q1 2021, marking an increase of approximately 103.5%[50] - Earnings per share for Q1 2022 were ¥0.09, compared to ¥0.05 in Q1 2021, indicating a 80% increase[21] Cash Flow and Liquidity - The net cash flow from operating activities for Q1 2022 was ¥1,583,946,991.99, showing a slight increase of 2.12%[4] - The company's cash flow from operating activities showed a significant improvement, contributing positively to the overall financial health[20] - The total cash inflow from operating activities was CNY 2,576,923,416.48, while cash outflow was CNY 992,976,424.49, resulting in a net cash flow from operating activities[23] - Cash outflows for operating activities totaled CNY 992,976,424.49, down from CNY 1,065,954,177.86 in Q1 2021, representing a reduction of approximately 6.8%[53] - The net cash flow from financing activities for Q1 2022 was CNY 1,552,728,715.56, a significant improvement from a net outflow of CNY 311,916,402.78 in the previous year[34] - The cash flow from investing activities showed a net outflow of CNY 389,671,277.49, an improvement from a net outflow of CNY 495,857,493.74 in the previous year[53] - The company's cash inflow from operating activities totaled CNY 1,038,214,457.47 in Q1 2022, compared to CNY 1,010,836,957.75 in Q1 2021, reflecting a growth of about 2.7%[59] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥44,541,784,459.40, a marginal increase of 0.21% from the end of the previous year[5] - The total liabilities decreased from ¥24,753,197,671.16 in Q1 2021 to ¥23,941,078,907.50 in Q1 2022, a reduction of approximately 3.3%[18] - The total equity attributable to shareholders increased from ¥16,789,433,200.47 in Q1 2021 to ¥17,549,400,441.95 in Q1 2022, reflecting a growth of about 4.5%[18] - The total assets increased slightly from ¥44,447,210,027.31 in Q1 2021 to ¥44,541,784,459.40 in Q1 2022, indicating a stable asset base[18] - The total liabilities rose to CNY 10,177,953,652.76 in Q1 2022, compared to CNY 8,581,774,294.92 in Q1 2021, marking an increase of approximately 18.6%[26] - The company's total current assets as of March 31, 2022, amount to 4,138,082,354.47 RMB, an increase from 3,744,864,679.74 RMB in the previous year[14] - Short-term borrowings increased significantly to 4,013,595,049.13 RMB from 1,871,661,754.67 RMB in the previous year[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 47,507[11] - The largest shareholder, China Datang Corporation, holds 4,063,487,233 shares, representing 51.55% of total shares[11] - The second largest shareholder, Guangxi Investment Group, holds 1,757,679,435 shares, representing 22.30% of total shares[11] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] - The company has adopted new accounting standards starting from 2022, which may impact financial reporting[60]