GDPD(SH:600795)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 46.78 billion, an increase of 19.83% compared to CNY 30.66 billion in the same period last year[4]. - Net profit attributable to shareholders decreased by 50.87% to CNY 1.04 billion from CNY 1.66 billion year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 26.31% to CNY 877 million from CNY 1.16 billion in the previous year[4]. - Basic and diluted earnings per share decreased by 49.57% to CNY 0.058 from CNY 0.090 year-on-year[4]. - Total profit for Q1 2022 was approximately ¥3.70 billion, a decrease of 22.7% compared to ¥4.79 billion in Q1 2021[21]. - Net profit for Q1 2022 was approximately ¥2.80 billion, down 27.6% from ¥3.86 billion in Q1 2021[21]. - Total comprehensive income for Q1 2022 was approximately ¥2.59 billion, a decrease of 34.8% from ¥3.98 billion in Q1 2021[22]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 3.49% to CNY 7.99 billion compared to CNY 6.66 billion in the same period last year[4]. - The company's operating cash flow for Q1 2022 was approximately ¥7.99 billion, an increase of 3.5% compared to ¥7.72 billion in Q1 2021[24]. - Cash inflow from operating activities totaled approximately ¥60.19 billion in Q1 2022, up from ¥45.90 billion in Q1 2021, marking a growth of 31.1%[23]. - Cash outflow from operating activities was approximately ¥52.20 billion in Q1 2022, compared to ¥38.17 billion in Q1 2021, an increase of 36.8%[24]. - The net increase in cash and cash equivalents for Q1 2022 was approximately ¥2.89 billion, compared to ¥1.25 billion in Q1 2021, representing a year-over-year increase of 130.0%[25]. - The total cash and cash equivalents at the end of Q1 2022 reached approximately ¥14.47 billion, up from ¥12.07 billion at the end of Q1 2021, indicating a growth of 20.0%[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 401.31 billion, an increase of 0.82% from CNY 397.91 billion at the end of the previous year[4]. - The company's total liabilities amounted to ¥287,435,624,600.96 as of March 31, 2022, slightly up from ¥286,736,405,211.22 at the end of 2021[18]. - Total liabilities as of March 31, 2022, were approximately ¥75.80 billion, a slight decrease from ¥75.91 billion at the end of 2021, showing a reduction of 0.1%[28]. - The total equity attributable to shareholders reached ¥46,551,758,688.45, an increase from ¥45,898,223,028.81 in the previous quarter[18]. - The company's total equity stood at ¥36,791,806,338.32 as of January 1, 2022[40]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 544,884[9]. - The company reported a total of 9,038,709,571 shares held by the largest shareholder, the State Energy Investment Group, indicating significant ownership concentration[11]. Costs and Expenses - The total operating costs for Q1 2022 were ¥43,483,194,674.12, up from ¥35,184,925,266.71 in Q1 2021, reflecting a growth of 23.5%[19]. - Research and development expenses increased to ¥45,876,238.09 in Q1 2022, compared to ¥39,431,731.08 in Q1 2021, marking a rise of 16.2%[19]. - The financial expenses for Q1 2022 were ¥343,262,051.22, compared to ¥286,945,009.59 in Q1 2021, showing an increase of about 19.5%[29]. Inventory and Receivables - The company's inventory decreased to ¥5,354,973,463.28 from ¥7,254,000,640.87, showing a decline of about 26.2%[16]. - Accounts receivable increased to ¥21,320,687,797.86 from ¥20,440,118,771.63, indicating a growth of approximately 4.3%[14]. - The total receivables, including accounts receivable, amounted to RMB 20.44 billion, highlighting the company's credit management[33]. Investment and Development - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[36]. - The company reported investment income of ¥132,671,249.22 in Q1 2022, compared to ¥73,983,709.30 in Q1 2021, reflecting an increase of approximately 79.2%[29].