CTGR(SH:600905)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥5,788,736,223.24, representing a year-on-year increase of 51.84%[2] - The net profit attributable to shareholders for Q1 2022 was ¥2,264,001,115.56, reflecting a growth of 51.45% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,264,282,137.70, an increase of 52.29% year-on-year[2] - The net profit for Q1 2022 reached ¥2,571,459,986.49, up 60.0% from ¥1,607,453,856.61 in the same period last year[12] - The net profit from continuing operations for the first quarter of 2022 was approximately ¥2.57 billion, an increase from ¥1.61 billion in the same period of 2021, representing a growth of 60%[13] Assets and Liabilities - The total assets at the end of Q1 2022 amounted to ¥240,315,752,305.51, which is a 10.64% increase from the end of the previous year[3] - The total assets increased to ¥240,315,752,305.51 as of March 31, 2022, compared to ¥217,196,447,956.62 at the end of 2021, reflecting a growth of 10.5%[12] - The total liabilities amounted to ¥160,427,011,853.66, an increase of 14.1% from ¥140,601,171,304.61 in the previous year[11] - The total liabilities rose to CNY 37,911,351,572.85 in Q1 2022, compared to CNY 32,428,191,546.95 in Q1 2021, reflecting an increase of approximately 16.8%[19] Cash Flow - The net cash flow from operating activities was ¥1,646,487,361.30, showing a decrease of 14.06% compared to the previous year[2] - Cash inflow from operating activities totaled approximately ¥3.09 billion, down from ¥3.33 billion year-over-year, indicating a decrease of about 7.3%[14] - The net cash outflow from investing activities was approximately -¥6.63 billion, compared to -¥5.14 billion in the previous year, reflecting an increase in investment expenditures[15] - The net cash inflow from financing activities was approximately ¥9.14 billion, up from ¥7.15 billion in the same period last year, showing an increase of about 28%[16] - The net cash flow from operating activities was -15,110,851.75 CNY, a significant decrease from 1,190,161,459.54 CNY in Q1 2021[22] Shareholder Information - The company had a total of 893,848 common shareholders at the end of the reporting period[7] - The basic and diluted earnings per share for the first quarter of 2022 were both ¥0.0792, compared to ¥0.0747 in the same period of 2021, indicating an increase of about 6.0%[13] Investment and Expenses - Research and development expenses were ¥2,626,915.86, a substantial increase from ¥36,169.81 in the previous year, indicating a focus on innovation[12] - The company's long-term borrowings increased to CNY 16,553,788,000.00 in Q1 2022 from CNY 12,063,788,000.00 in Q1 2021, representing an increase of approximately 37.0%[19] - The company reported a financial expense of ¥1,157,894,657.97, which increased from ¥656,925,042.85, reflecting a rise of 76.3%[12] - The financial expenses for Q1 2022 were CNY 174,776,472.25, a slight decrease from CNY 185,107,402.65 in Q1 2021, showing a reduction of about 5.7%[20] Cash and Equivalents - The company's cash and cash equivalents rose to ¥17,306,091,849.45 from ¥13,077,396,049.68, marking a 32.5% increase[10] - The total cash and cash equivalents at the end of the first quarter of 2022 reached approximately ¥17.17 billion, significantly higher than ¥5.78 billion at the end of the first quarter of 2021, marking an increase of about 196%[16] - Cash and cash equivalents at the end of Q1 2022 amounted to 13,976,288,690.98 CNY, up from 1,922,398,084.95 CNY at the end of Q1 2021[23] Revenue Sources - The increase in operating revenue was primarily driven by the addition of new wind and solar power generation units and increased electricity sales[5] - Cash received from sales of goods and services was approximately ¥2.94 billion, down from ¥3.22 billion year-over-year, reflecting a decrease of about 8.7%[14] - The company received 13,123,272,070.90 CNY in loans during Q1 2022, an increase from 12,105,059,500.77 CNY in Q1 2021[23]