CRHIC(SH:600528)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 7,113,978,500.89, representing a year-on-year increase of 2.53%[2] - The net profit attributable to shareholders for the same period was CNY 503,469,835.19, reflecting a growth of 2.40% compared to the previous year[2] - The basic earnings per share for Q1 2022 was CNY 0.21, unchanged from the previous year[2] - The weighted average return on net assets was 2.19%, an increase of 0.04 percentage points compared to the previous year[2] - Total operating revenue for Q1 2022 was 7,113,978,500.89 RMB, an increase of 2.52% compared to 6,938,550,112.40 RMB in Q1 2021[15] - Net profit for Q1 2022 was 493,201,993.50 RMB, slightly higher than 484,675,084.05 RMB in Q1 2021, indicating a growth of 1.08%[16] - Earnings per share for Q1 2022 remained stable at 0.21 RMB, consistent with Q1 2021[16] Cash Flow - The net cash flow from operating activities was negative at CNY -1,447,586,152.30, indicating a significant cash outflow[2] - Cash inflow from operating activities for Q1 2022 was approximately ¥5.95 billion, an increase of 7.3% compared to ¥5.55 billion in Q1 2021[17] - Cash outflow from operating activities for Q1 2022 was approximately ¥7.40 billion, up 10.8% from ¥6.68 billion in Q1 2021[17] - Net cash flow from operating activities for Q1 2022 was approximately -¥1.45 billion, worsening from -¥1.13 billion in Q1 2021[17] - Cash inflow from investment activities for Q1 2022 was approximately ¥20.98 million, significantly higher than ¥3.56 million in Q1 2021[18] - Net cash flow from investment activities for Q1 2022 was approximately -¥204.94 million, an improvement from -¥370.96 million in Q1 2021[18] - Cash inflow from financing activities for Q1 2022 totaled approximately ¥18 million, compared to ¥10 million in Q1 2021[18] - Net cash flow from financing activities for Q1 2022 was approximately -¥80.92 million, compared to -¥57.99 million in Q1 2021[18] - The ending cash and cash equivalents balance for Q1 2022 was approximately ¥5.47 billion, down from ¥5.86 billion in Q1 2021[18] - The company experienced a net decrease in cash and cash equivalents of approximately -¥1.74 billion in Q1 2022, compared to -¥1.57 billion in Q1 2021[18] - The company reported a significant increase in cash paid for purchasing goods and services, totaling approximately ¥6.30 billion in Q1 2022, compared to ¥5.42 billion in Q1 2021[17] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 49,213,105,562.36, a slight increase of 0.07% from the end of the previous year[3] - The equity attributable to shareholders increased to CNY 23,168,695,237.54, marking a growth of 2.14% year-on-year[3] - Total liabilities decreased to 25,469,431,309.05 RMB in Q1 2022 from 25,915,772,287.92 RMB in Q1 2021, a reduction of approximately 1.73%[14] - Shareholders' equity increased to 23,743,674,253.31 RMB in Q1 2022, up from 23,260,860,973.22 RMB in Q1 2021, reflecting a growth of 2.07%[14] - The company's total assets amounted to 49,213,105,562.36 RMB in Q1 2022, compared to 49,176,633,261.14 RMB in Q1 2021, showing a slight increase[14] Contracts and Business Growth - In Q1 2022, the company achieved a new contract amount of RMB 1,223,188,000, representing a year-on-year growth of 6.99%[9] - The specialized engineering machinery and related services business signed contracts worth RMB 385,737,000, up 77.59% year-on-year[9] - The tunnel construction equipment and related services segment saw a contract amount of RMB 333,708,000, reflecting a 71.31% increase compared to the same period last year[9] - The engineering construction machinery and related services business experienced a significant growth of 132.25%, with new contracts totaling RMB 52,028,000[11] - Domestic contracts accounted for RMB 1,170,281,000, a 12.34% increase year-on-year, while overseas contracts dropped by 47.93% to RMB 52,907,000[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 98,182[5] - The largest shareholder, China Railway Second Engineering Group Co., Ltd., held 28.58% of the shares, totaling 634,973,795 shares[5] Research and Development - Research and development expenses for Q1 2022 were 257,577,911.71 RMB, a decrease of 4.88% from 270,328,639.51 RMB in Q1 2021[15] - The company reported an increase in investment income to 16,677,411.97 RMB in Q1 2022, compared to 1,561,620.14 RMB in Q1 2021[15] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[15]