XCEP(SH:600505)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 272,604,068.65, representing a year-on-year increase of 10.11%[5] - The net profit attributable to shareholders of the listed company was CNY -21,043,187.06, a decrease of 1372.53% compared to the same period last year[5] - The basic earnings per share for the period was CNY -0.0577, reflecting a decline of 1382.69% year-on-year[6] - The company's operating profit decreased by 396.60% year-on-year, mainly due to an increase in the average purchase price of electricity[10] - The total profit for the period decreased by 379.60% compared to the same period last year, attributed to rising electricity purchase costs[10] - The net profit from minority shareholders decreased by 40.06%, primarily due to weather impacts on the profitability of a controlling subsidiary[10] - Net profit for Q1 2022 was a loss of CNY 19,366,425.55, compared to a profit of CNY 4,450,838.12 in Q1 2021, indicating a significant decline[22] - The net profit for Q1 2022 was -20,759,073.40 RMB, compared to a net profit of 2,207,050.78 RMB in Q1 2021, indicating a significant decline[32] - Operating profit for Q1 2022 was -20,158,105.69 RMB, while in Q1 2021 it was 2,891,916.03 RMB, reflecting a negative performance shift[32] - The total comprehensive income for Q1 2022 was -20,759,073.40 RMB, compared to 2,207,050.78 RMB in Q1 2021, highlighting a substantial downturn[32] Cash Flow and Assets - The net cash flow from operating activities was CNY -35,507,941.76, a decrease of 504.31% compared to the previous year[5] - The company's cash flow from operating activities for Q1 2022 was CNY 266,784,307.71, compared to CNY 256,545,492.27 in Q1 2021, showing a growth of 4.8%[24] - The company's total assets as of Q1 2022 were CNY 4,364,558,491.37, slightly down from CNY 4,406,058,778.82 in the previous quarter[18] - The total cash and cash equivalents at the end of the period were CNY 106,370,014.62, down from CNY 199,752,223.02 at the end of Q1 2021[26] - The company's total assets as of March 31, 2022, were CNY 2,535,646,696.75, an increase from CNY 2,504,915,733.62 at the end of 2021[29] - The total liabilities increased to CNY 1,213,404,081.22 from CNY 1,161,914,044.69 in the previous year[29] - The company's long-term equity investments amounted to CNY 704,598,271.27, up from CNY 656,128,271.27 at the end of 2021[27] Shareholder Information - Total number of common shareholders at the end of the reporting period is 32,116[12] - The largest shareholder, State Grid Sichuan Electric Power Company, holds 73,449,220 shares, representing 20.15% of total shares[12] Operating Costs and Expenses - Total operating costs for Q1 2022 were CNY 291,462,295.58, up from CNY 247,457,864.80 in Q1 2021, representing an increase of 17.8%[21] - The company reported a significant increase in management expenses to CNY 23,067,119.51 in Q1 2022 from CNY 21,216,641.49 in Q1 2021, an increase of 8.7%[22] - The company incurred a total operating cost of CNY 246,683,762.55, which was higher than CNY 205,410,678.50 in the same period last year[31] Investments and Financing - The net cash flow from investing activities was CNY -185,369,042.90, compared to CNY -122,337,109.50 in Q1 2021[26] - The financing activities generated a net cash flow of CNY 115,872,998.17, significantly higher than CNY 35,235,547.86 in the previous year[26] - The company reported a significant increase in cash outflows for investment activities, totaling -123,507,476.86 RMB in Q1 2022, compared to -46,242,710.01 RMB in Q1 2021[34] Market Strategy - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the report[14] - The company has not reported any significant mergers or acquisitions during the reporting period[14] - There are no significant changes in the audit opinion type for the financial statements, indicating stability in financial reporting[14]