DHEP(SH:600744)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 2,440,460,822.55, representing a year-on-year increase of 10.65%[6] - The net profit attributable to shareholders of the listed company was a loss of CNY 111,281,959.36, with a basic earnings per share of -0.062 yuan[6] - The company reported a net loss of approximately ¥6.07 billion, compared to a net loss of ¥5.96 billion in the previous period[25] - Net profit for Q1 2022 was a loss of ¥110,296,149.51, compared to a loss of ¥100,442,519.51 in Q1 2021, representing a decline of 9.23%[32] - The net loss for the company in Q1 2022 was CNY -127,608,099.78, compared to a loss of CNY -152,344,133.61 in Q1 2021, indicating an improvement in performance[43] - The company's total comprehensive income for Q1 2022 was -¥110,296,149.51, compared to -¥100,442,519.51 in Q1 2021[32] - The company’s total comprehensive income for the first quarter was -127,422,559.82 RMB, an improvement from -152,136,282.64 RMB in the same period of the previous year[45] Cash Flow - The net cash flow from operating activities increased significantly by 65,207.08%, amounting to CNY 652,410,730.03, primarily due to the prepayment of electricity fees in the previous period[12] - Cash flow from operating activities for Q1 2022 was ¥652,410,730.03, significantly higher than ¥1,000,521.26 in Q1 2021[35] - Cash inflow from operating activities totaled 2,433,494,428.27 RMB, compared to 1,614,721,649.80 RMB in the first quarter of 2021, representing a year-over-year increase of approximately 50.7%[45] - The net cash flow from operating activities was 471,838,083.80 RMB, significantly higher than 1,129,409.10 RMB in the first quarter of 2021[45] - Cash inflow from financing activities in Q1 2022 was ¥2,775,699,676.90, compared to ¥1,184,541,027.84 in Q1 2021, indicating a growth of 134.88%[35] - Cash inflow from financing activities reached 1,989,724,256.50 RMB, compared to 794,747,785.00 RMB in the same quarter of the previous year, indicating a substantial increase of approximately 150.3%[47] - The company's net cash flow from financing activities was CNY -678,495,077.77 in Q1 2022, compared to CNY -444,566,777.08 in Q1 2021, indicating increased cash outflow[37] - The net cash flow from financing activities was -530,283,765.53 RMB, worsening from -367,661,777.82 RMB in the first quarter of 2021[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,877,496,035.2, a decrease of 4.85% compared to the end of the previous year[8] - The equity attributable to shareholders of the listed company decreased by 20.88% to CNY 421,648,246.40[8] - The company's total current assets decreased to CNY 4,958,363,704.71 from CNY 5,289,385,653.17, a decline of approximately 6.3%[37] - The company's total non-current assets were CNY 8,493,359,822.93, down from CNY 8,596,500,618.16, reflecting a decrease of about 1.2%[41] - Total liabilities decreased to approximately ¥18.32 billion, down from ¥19.18 billion, reflecting a reduction of 4.5%[25] - The total liabilities decreased to CNY 12,857,770,506.71 from CNY 13,164,510,690.58, reflecting a reduction of approximately 2.3%[41] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 164,400, with the largest shareholder being China Datang Corporation, holding 34.18% of the shares[13] Inventory and Receivables - Inventory decreased by 37.14% as the company consumed a large amount of initial coal inventory to meet power generation demands[12] - Accounts receivable decreased to approximately ¥1.78 billion, down 24.7% from ¥2.37 billion in the previous period[20] - The company experienced a 217.08% increase in accounts receivable financing, attributed to a significant increase in bank acceptance bills received during the period[12] Government Subsidies and Investments - The company received government subsidies amounting to CNY 884,732.38 during the period, which were recognized in the current profit and loss[10] - The company has ongoing development expenditures of approximately ¥20.16 million, up from ¥10.39 million, indicating increased investment in new projects[25] - The company has made progress in new energy projects, with a 30.81% decrease in construction in progress due to the commissioning of new projects[12] Research and Development - Research and development expenses increased to ¥7,111,880.72 in Q1 2022, up 47.93% from ¥4,804,255.49 in Q1 2021[29]