CQGAS(SH:600917)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥2,287,722,339.71, representing a year-on-year increase of 14.31%[6] - The net profit attributable to shareholders for Q1 2022 was ¥100,963,441.77, reflecting a growth of 6.69% compared to the same period last year[6] - Total revenue for Q1 2022 reached ¥2,287,722,339.71, an increase from ¥2,001,367,618.43 in Q1 2021, representing a growth of approximately 14.3%[28] - Operating profit for Q1 2022 was ¥111,964,175.50, slightly up from ¥105,829,643.25 in Q1 2021, reflecting a growth of approximately 8.5%[28] - Net profit for Q1 2022 amounted to ¥101,415,629.07 after tax expenses, compared to ¥94,841,758.43 in Q1 2021, showing an increase of around 6.7%[28] - The net profit for the current period is approximately CNY 101.42 million, an increase from CNY 94.84 million in the previous period, representing an increase of about 6.6%[30] - The net profit attributable to the parent company's shareholders is CNY 100.96 million, up from CNY 94.63 million, reflecting a growth of approximately 6.9%[30] - The total comprehensive income for the current period is CNY 101.42 million, compared to CNY 94.84 million in the previous period, indicating an increase of around 6.6%[30] Cash Flow - The net cash flow from operating activities was -¥75,283,248.36, a significant decrease of 144.63% year-on-year[6] - The cash inflow from operating activities is CNY 2.45 billion, compared to CNY 2.21 billion in the previous year, marking an increase of about 10.5%[35] - The cash outflow from operating activities is CNY 2.52 billion, up from CNY 2.05 billion, which is an increase of approximately 22.5%[35] - The net cash flow from operating activities is negative at CNY -75.28 million, a significant decrease from CNY 168.68 million in the previous year[35] - The cash inflow from investing activities is CNY 17.59 million, down from CNY 474.93 million, indicating a decrease of about 96.3%[37] - The cash outflow from investing activities totals CNY 215.11 million, compared to CNY 123.97 million, reflecting an increase of approximately 73.5%[37] - The net cash flow from financing activities is negative at CNY -2.20 million, contrasting with a positive CNY 36.25 million in the previous year[37] - The ending cash and cash equivalents balance is CNY 911.56 million, down from CNY 1.60 billion, representing a decrease of about 43.1%[37] Assets and Liabilities - The total assets at the end of Q1 2022 amounted to ¥9,175,173,957.72, an increase of 1.05% from the end of the previous year[8] - Non-current assets totaled ¥7,281,408,502.62 as of March 31, 2022, compared to ¥7,076,902,251.14 at the end of 2021, indicating a growth of approximately 2.9%[23] - The total assets of the company reached ¥9,175,173,957.72 as of March 31, 2022, up from ¥9,080,210,179.35 at the end of 2021, indicating an increase of about 1.0%[23] - Total liabilities decreased slightly to ¥3,946,095,714.76 in Q1 2022 from ¥3,965,397,686.02 in Q1 2021, a reduction of about 0.5%[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 34,829[12] - The largest shareholder, Chongqing Energy Investment Group Co., Ltd., held 41.07% of the shares, totaling 645,420,000 shares[13] Accounts Receivable and Investment Income - Accounts receivable increased by 80.47% due to higher gas fee collections from increased meter readings in March[9] - Investment income rose by 30.24% driven by profit growth from joint ventures[9] - Accounts receivable increased significantly to ¥395,067,520.61 in Q1 2022, up from ¥218,905,323.73 in Q1 2021, representing an increase of about 80.5%[19] Research and Development - The company reported an increase in R&D expenses to ¥1,034,539.78 in Q1 2022, compared to ¥348,622.10 in Q1 2021, reflecting a growth of approximately 196.5%[28]