2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 15,347,614, representing a 5.1% increase compared to the same period last year[4] - Net profit attributable to shareholders was RMB 68,290, a decrease of 58.8% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 49,132, down 62.3% year-on-year[4] - Basic and diluted earnings per share were both RMB 0.004, reflecting a 60.0% decrease compared to the previous year[4] - The company's consolidated revenue for Q1 2022 was RMB 15.35 billion, an increase of 5.1% compared to RMB 14.60 billion in Q1 2021[15] - The net profit attributable to shareholders was RMB 0.07 billion, a decline of 58.8% year-on-year[11] Cash Flow - The net cash flow from operating activities was negative at RMB -902,539, indicating increased cash outflows[4] - The net cash flow from operating activities was -902,539 in Q1 2022, compared to -385,477 in Q1 2021, indicating a decline in cash flow performance[17] - Cash outflow for investment activities was 229,123 in Q1 2022, significantly higher than 55,449 in Q1 2021, leading to a net cash flow from investment activities of -224,681[19] - Cash inflow from financing activities was 5,049,148 in Q1 2022, down from 12,756,356 in Q1 2021, reflecting a decrease of approximately 60.5%[19] - The net cash flow from financing activities was 357,572 in Q1 2022, compared to 493,225 in Q1 2021, showing a decline of about 27.5%[19] - The total cash inflow from operating activities was 15,035,531 in Q1 2022, compared to 13,594,086 in Q1 2021, marking an increase of approximately 10.6%[17] - Total cash outflow from operating activities was 15,938,070 in Q1 2022, up from 13,979,563 in Q1 2021, indicating an increase of about 14.0%[17] - The ending balance of cash and cash equivalents was 1,720,871 in Q1 2022, slightly up from 1,607,539 in Q1 2021[19] Assets and Liabilities - Total assets at the end of the reporting period were RMB 64,609,215, a 0.9% increase from the end of the previous year[5] - The company's total assets as of March 31, 2022, were RMB 64.61 billion, compared to RMB 64.05 billion at the end of 2021[14] - The total liabilities amounted to RMB 57.50 billion, slightly up from RMB 57.19 billion at the end of 2021[14] - Shareholders' equity attributable to shareholders was RMB 7,110,981, up 3.6% from the previous year[5] - The total equity attributable to shareholders increased to RMB 7.11 billion from RMB 6.86 billion year-on-year[14] Research and Development - The company experienced a significant increase in R&D expenses due to accelerated project progress, impacting net profit[7] - Research and development expenses for Q1 2022 were RMB 0.31 billion, significantly higher than RMB 0.09 billion in Q1 2021[15] Contracts and Market Development - The total new contracts signed amounted to RMB 29.75 billion, representing a year-on-year growth of 33.5%[11] - The overseas market new contracts signed reached RMB 9.8 billion, showing a significant year-on-year increase of 237.7%[11] Other Information - Non-recurring gains totaled RMB 19,158, with government subsidies contributing RMB 18,901[6] - The company is focusing on enhancing engineering technology service capabilities and strengthening cooperation with oil companies for market development[10] - The cash flow impact from exchange rate changes was 15,213 in Q1 2022, down from 23,369 in Q1 2021[19] - The company did not apply the new accounting standards for the first time in 2022, as indicated in the report[19]