DYEC(SH:600403)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 2,309,689,761.68, representing a year-on-year increase of 35.40%[4] - The net profit attributable to shareholders for Q1 2022 was CNY 240,982,591.98, reflecting a significant increase of 79.86% compared to the same period last year[4] - The basic earnings per share for Q1 2022 was CNY 0.1008, which is an increase of 83.26% year-on-year[4] - Total operating revenue for Q1 2022 was CNY 2,309,689,761.68, an increase of 35.4% compared to CNY 1,705,823,740.31 in Q1 2021[23] - Net profit for Q1 2022 reached CNY 301,209,882.45, a significant increase of 127.7% compared to CNY 132,473,214.89 in Q1 2021[26] - Earnings per share for Q1 2022 was CNY 0.1008, compared to CNY 0.0550 in Q1 2021, reflecting an increase of 83.6%[28] - The total comprehensive income for Q1 2022 was CNY 301,209,882.45, up from CNY 132,473,214.89 in Q1 2021, reflecting strong overall performance[28] Assets and Liabilities - The total assets at the end of Q1 2022 amounted to CNY 22,090,631,242.26, showing a 2.49% increase from the end of the previous year[4] - Total assets reached ¥22,090,631,242.26, up from ¥21,553,005,515.07, marking an increase of approximately 2.5%[21] - Total current assets as of March 31, 2022, amounted to ¥7,199,532,822.58, an increase from ¥6,718,386,341.72 as of December 31, 2021, representing a growth of approximately 7.1%[15] - Total liabilities increased to ¥14,109,395,624.77 from ¥13,872,092,730.56, reflecting a growth of about 1.7%[21] - The company's total equity attributable to shareholders at the end of Q1 2022 was CNY 7,507,497,641.94, reflecting a 3.30% increase from the end of the previous year[7] Cash Flow - The net cash flow from operating activities for Q1 2022 was CNY 762,311,671.63, with no applicable year-on-year comparison[4] - The net cash flow from operating activities was $762.31 million, compared to a negative cash flow of $488.99 million in the previous period[31] - Cash inflow from operating activities in Q1 2022 was CNY 2,336,611,999.49, compared to CNY 1,830,935,698.04 in Q1 2021, marking a growth of 27.6%[28] - The net cash flow from investing activities was negative $36.23 million, an increase in losses from negative $23.76 million year-over-year[31] - Cash inflow from financing activities totaled $1.70 billion, down from $1.93 billion in the previous period[31] - The net cash flow from financing activities was negative $375.19 million, improving from negative $556.93 million year-over-year[31] - The ending cash and cash equivalents balance was $3.44 billion, up from $3.18 billion in the previous period[31] - The net increase in cash and cash equivalents was $350.89 million, compared to a decrease of $1.07 billion in the previous period[31] Expenses and Investments - The company's sales expenses decreased by 26.03% due to reduced market expansion costs compared to the previous year[10] - The company's tax and additional charges increased by 88.21% due to higher sales volume and coal prices compared to the same period last year[10] - Research and development expenses for Q1 2022 were CNY 38,954,289.73, significantly higher than CNY 9,221,991.05 in Q1 2021, indicating a focus on innovation[23] - The company's financial expenses increased to CNY 93,166,764.28 in Q1 2022 from CNY 65,034,148.94 in Q1 2021, primarily due to higher interest expenses[23] - The company reported an investment income of CNY 22,664,919.29 in Q1 2022, compared to CNY 1,886,031.12 in Q1 2021, indicating improved investment performance[26] Inventory and Receivables - Accounts receivable rose to ¥1,034,028,183.07 from ¥817,728,686.21, indicating a significant increase of approximately 26.6%[15] - Inventory levels increased to ¥182,000,707.02 from ¥173,666,405.64, showing a growth of about 4.8%[18] - The company reported a 50.84% increase in prepayments due to higher payments for materials and equipment compared to the previous year[10]