SDHS(SH:600350)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 3,557,433,219.41, representing a 4.73% increase compared to CNY 2,958,379,734.05 in the same period last year[4]. - Net profit attributable to shareholders was CNY 717,562,602.53, up 5.36% from CNY 599,390,821.38 year-on-year[4]. - The company reported a net profit excluding non-recurring gains and losses of CNY 718,270,324.09, which is a 23.99% increase from CNY 579,289,525.03 year-on-year[4]. - In Q1 2022, the company achieved operating revenue of RMB 3.557 billion, a 20.25% increase compared to Q1 2021[11]. - The net profit attributable to the parent company for Q1 2022 was RMB 718 million, reflecting a 19.72% growth year-over-year[11]. - Investment income reached RMB 239 million in Q1 2022, up 23.60% from the same period in 2021[11]. - The company reported toll revenue (including tax) of RMB 1.935 billion in Q1 2022, with a daily average of RMB 21.4968 million, a 2.98% increase year-over-year[16]. - Total operating costs for Q1 2022 were RMB 2.621 billion, an 8.21% increase compared to the previous year[14]. - Operating profit for Q1 2022 was CNY 1,190,412,766.62, slightly up from CNY 1,186,541,041.83 in Q1 2021[23]. - The net profit for Q1 2022 was approximately ¥923.06 million, an increase from ¥913.47 million in Q1 2021, representing a growth of about 1.6%[24]. - The total comprehensive income for Q1 2022 was approximately ¥902.98 million, compared to ¥888.94 million in Q1 2021, indicating an increase of about 1.2%[24]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 129,597,908,427.79, an increase of 2.93% from CNY 125,906,162,155.63 at the end of the previous year[4]. - Total liabilities amounted to CNY 80,765,695,868.85, an increase from CNY 79,101,991,704.45, reflecting a rise of 2.1%[22]. - The company's total assets reached approximately 19.97 billion yuan, compared to 16.39 billion yuan in the previous year[20]. - The cash and cash equivalents amounted to approximately 6.01 billion yuan, up from 4.73 billion yuan year-on-year[20]. - The accounts receivable increased to approximately 1.76 billion yuan, compared to 1.49 billion yuan in the previous year[20]. - The company's debt investment was approximately 2.91 billion yuan, an increase from 2.83 billion yuan year-on-year[20]. Shareholder Information - The total equity attributable to shareholders was CNY 39,010,390,418.89, reflecting a 4.87% increase from CNY 37,198,086,733.76 at the end of the previous year[4]. - The number of ordinary shareholders at the end of the reporting period was 45,303[8]. - The largest shareholder, Shandong Expressway Group Co., Ltd., held 2,870,656,188 shares, accounting for 59.67% of the total shares[9]. Expenses and Investments - Research and development expenses surged by 199.21% to RMB 24.086 million in Q1 2022[14]. - Financial expenses increased by 19.08% to RMB 525.16 million, primarily due to interest expenses from the Jing-Tai Expressway project[14][15]. - Research and development expenses for Q1 2022 were CNY 24,085,532.59, significantly higher than CNY 8,049,650.12 in Q1 2021, showing an increase of 199.5%[23]. - The company incurred other comprehensive losses of approximately ¥20.08 million in Q1 2022, compared to losses of ¥24.54 million in Q1 2021, indicating an improvement of about 18.5%[24]. Cash Flow - The net cash flow from operating activities decreased by 31.38% to CNY 1,210,828,489.39, primarily due to the acquisition of Yikang Technology[7]. - Cash flow from operating activities for Q1 2022 was approximately ¥1.21 billion, down from ¥1.76 billion in Q1 2021, a decline of about 31.2%[26]. - Cash flow from investing activities showed a net outflow of approximately ¥2.97 billion in Q1 2022, compared to a net outflow of ¥1.10 billion in Q1 2021, indicating a significant increase in investment expenditures[27]. - Cash flow from financing activities resulted in a net inflow of approximately ¥3.05 billion in Q1 2022, compared to ¥2.62 billion in Q1 2021, showing an increase of about 16.4%[27]. - The total cash and cash equivalents at the end of Q1 2022 were approximately ¥5.71 billion, up from ¥5.55 billion at the end of Q1 2021, reflecting a growth of about 2.9%[27]. Operational Efficiency - The company completed its quarterly construction tasks 10 days ahead of schedule for the Jitai project[12]. - The company is focusing on improving project decision efficiency and increasing project conversion rates in its investment operations[12]. - The company is actively managing pandemic impacts while ensuring steady operations and construction progress[11].