国电南瑞(600406) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥5,754,792,012.74, representing a year-on-year increase of 16.95%[2] - The net profit attributable to shareholders for Q1 2022 was ¥379,084,849.02, showing an impressive growth of 88.37% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥359,290,152.70, which is an increase of 107.80% year-on-year[2] - The basic earnings per share for Q1 2022 was ¥0.07, reflecting an increase of 87.98% compared to the previous year[3] - The diluted earnings per share for Q1 2022 was also ¥0.07, with an increase of 88.10% year-on-year[3] - The weighted average return on equity for Q1 2022 was 0.93%, an increase of 0.34 percentage points compared to the previous year[3] - Operating profit for Q1 2022 was ¥485,195,296.20, up 91.3% from ¥253,442,845.49 in Q1 2021[18] - Total comprehensive income for Q1 2022 was ¥390,447,019.66, compared to ¥218,614,034.54 in Q1 2021, reflecting a significant increase[19] - Basic and diluted earnings per share for Q1 2022 were both ¥0.07, up from ¥0.04 in Q1 2021[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥69,951,516,336.03, a decrease of 3.82% from the end of the previous year[3] - As of March 31, 2022, the company's total assets amounted to ¥69,951,516,336.03, a decrease from ¥72,732,951,414.38 at the end of 2021, reflecting a decline of approximately 3.9%[12][15] - The company's cash and cash equivalents decreased to ¥11,049,724,297.39 from ¥12,508,960,927.62, representing a decline of about 11.6% year-over-year[12] - Accounts receivable stood at ¥19,643,196,938.94, down from ¥20,099,060,883.41, indicating a decrease of approximately 2.3%[12] - Inventory increased significantly to ¥9,142,558,567.25 from ¥7,867,811,299.45, marking an increase of around 16.2%[12] - Total current liabilities decreased to ¥27,181,496,158.97 from ¥30,480,851,316.59, a reduction of about 10.4%[14] - The company's total equity rose to ¥41,056,482,644.18 from ¥40,542,444,870.72, reflecting an increase of approximately 1.3%[15] - The company's retained earnings reached ¥22,336,342,034.21, up from ¥21,957,257,185.19, indicating an increase of approximately 1.7%[15] Cash Flow - The net cash flow from operating activities for Q1 2022 was -¥1,385,072,391.32, indicating a significant cash outflow[2] - Cash flow from operating activities showed a net outflow of ¥1,385,072,391.32, compared to a net outflow of ¥1,163,216,437.86 in Q1 2021[20] - The net cash flow from investing activities was $295,360,069.74, a significant improvement from a net outflow of $172,546,385.31 in the previous year[21] - Total cash inflow from financing activities was $713,524,104.00, compared to $5,000,000.00 in the same quarter last year[21] - The net cash flow from financing activities showed a decrease of $364,085,450.72, improving from a larger outflow of $1,169,775,237.97 in the previous year[21] - The ending balance of cash and cash equivalents was $10,915,254,136.88, up from $9,347,139,689.44 year-over-year[22] - Cash inflow from investment activities totaled $1,341,461,884.32, slightly higher than $1,304,219,375.08 in the previous year[21] - Cash outflow for the acquisition of fixed assets was $401,101,814.58, significantly lower than $969,765,760.39 in the same quarter last year[21] - The company reported a total cash outflow from financing activities of $1,077,609,554.72, down from $1,174,775,237.97 in the previous year[21] Research and Development - Research and development expenses increased to ¥466,426,264.56, up 8.0% from ¥431,876,518.05 in Q1 2021[17] Stock Incentive Plan - The number of shares released from the 2018 stock incentive plan was 11,192,011 shares, benefiting 962 eligible participants[11] - The company repurchased and canceled 252,949 shares from 16 individuals who did not meet the criteria of the stock incentive plan[11] Other Income and Expenses - Other income for Q1 2022 amounted to ¥101,724,052.68, compared to ¥92,351,628.11 in Q1 2021[17] - The company reported a decrease in tax and additional charges to ¥29,733,287.31 from ¥30,336,854.16 in Q1 2021[17] - Total operating costs for Q1 2022 were ¥5,474,163,553.82, an increase of 12.2% from ¥4,878,570,445.83 in Q1 2021[17] - The growth in net profit is primarily attributed to the increase in the company's grid automation and industrial control, as well as power automation information communication business[7]