贵州燃气(600903) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,800,394,972.02, representing a year-on-year increase of 27.20%[5] - The net profit attributable to shareholders of the listed company was -¥61,985,901.11, a decrease of 455.47% compared to the same period last year[5] - The net profit for Q1 2022 was a loss of CNY 68,955,026.13, compared to a profit of CNY 19,711,479.75 in Q1 2021, indicating a significant decline in profitability[21] - The total comprehensive income for Q1 2022 was -81,637,623.44 CNY, compared to -74,891,185.04 CNY in Q1 2021, indicating a worsening financial position[23] - The company's basic earnings per share were -¥0.05, reflecting a decrease of 350.00% year-on-year[5] - The basic and diluted earnings per share for Q1 2022 were both -0.05 CNY, compared to 0.02 CNY in Q1 2021, reflecting a negative performance[23] Cash Flow and Liquidity - The net cash flow from operating activities was -¥85,101,856.06, reflecting a year-on-year increase of 30.86%[5] - The operating cash flow for Q1 2022 was -85,101,856.06 CNY, an improvement from -123,092,651.47 CNY in Q1 2021[25] - Cash inflow from operating activities totaled 1,931,052,636.97 CNY in Q1 2022, up from 1,514,183,428.97 CNY in Q1 2021, reflecting increased sales[25] - Cash outflow from operating activities increased to 2,016,154,493.03 CNY in Q1 2022, compared to 1,637,276,080.44 CNY in Q1 2021[25] - The cash and cash equivalents decreased to approximately CNY 986.65 million from CNY 1.44 billion, reflecting a decline of about 31.5%[16] - The cash and cash equivalents at the end of Q1 2022 stood at 961,951,706.75 CNY, down from 460,350,186.65 CNY at the end of Q1 2021[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,728,902,088.15, a decrease of 3.36% from the end of the previous year[5] - The company's total assets decreased to CNY 9,728,902,088.15 in Q1 2022 from CNY 10,066,968,698.10 in Q1 2021, a reduction of approximately 3.4%[19] - The total liabilities decreased to CNY 6,031,325,145.66 in Q1 2022 from CNY 6,299,614,327.64 in Q1 2021, representing a decline of about 4.3%[19] - The total equity attributable to shareholders decreased to CNY 2,955,992,395.74 in Q1 2022 from CNY 3,031,073,459.09 in Q1 2021, a decline of approximately 2.5%[19] Operating Costs and Expenses - The company experienced a significant increase in operating costs by 35.95%, primarily due to rising gas sales volume and procurement prices[7] - The total operating costs for Q1 2022 amounted to CNY 1,851,387,177.48, up from CNY 1,404,030,427.50 in Q1 2021, reflecting a year-over-year increase of 31.8%[21] - The company reported a significant increase in financial expenses, totaling CNY 52,583,208.38 in Q1 2022, up from CNY 46,322,778.59 in Q1 2021[21] - Research and development expenses for Q1 2022 were CNY 154,144.29, compared to CNY 123,597.89 in Q1 2021, marking an increase of 24.7%[21] Investments and Capital Structure - The company completed capital increases for its subsidiaries, including CNY 50 million for Xiuwen Company and CNY 68 million for Anshun Company[12] - The company has invested CNY 5 million in a new hydrogen energy technology company, holding a 10% stake[14] - The registered capital of Guizhou Yukaien Natural Gas Co., Ltd. was reduced from CNY 41.5 million to CNY 22 million, with a new ownership structure established[13] - The company’s long-term equity investments slightly increased to approximately CNY 529.07 million from CNY 525.49 million[16] - The company has not yet paid CNY 200,000 of the registered capital for its hydrogen energy company as of the report date[14] - The company’s total liabilities and equity structure remains stable, with ongoing monitoring of financial health and investment strategies[11] Challenges and Market Conditions - The company faced challenges due to abnormal weather, upstream gas supply tightness, and rising gas prices, impacting net profit and gross margin[8] - The company reported a decrease in investment income by 140.65%, attributed to reduced profits from joint ventures[7]