hbky(SH:600985)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 17,912,007,723.68, representing a 41.91% increase compared to CNY 12,605,600,816.42 in the same period last year[4]. - Net profit attributable to shareholders was CNY 1,621,116,674.40, up 36.29% from CNY 1,193,711,760.00 year-on-year[4]. - The net cash flow from operating activities increased by 82.20%, reaching CNY 1,795,392,258.40 compared to CNY 985,372,819.75 in the previous year[4]. - Basic earnings per share rose to CNY 0.65, an 18.18% increase from CNY 0.55 in the same quarter last year[4]. - Total operating revenue for Q1 2022 was CNY 17,945,258,715.64, an increase from CNY 12,636,613,599.82 in Q1 2021, representing a growth of approximately 42.5%[17]. - Operating costs for Q1 2022 amounted to CNY 15,862,454,738.24, up from CNY 11,141,033,462.88 in Q1 2021, reflecting an increase of about 42.5%[17]. - Net profit attributable to shareholders for Q1 2022 was CNY 1,559,803,977.00, compared to CNY 1,095,580,000.00 in Q1 2021, indicating a growth of approximately 42.2%[17]. - The total profit before tax was approximately ¥2.06 billion, compared to ¥1.50 billion in Q1 2021, reflecting a growth of 37%[18]. - The company’s total comprehensive income for Q1 2022 was approximately ¥1.77 billion, compared to ¥1.30 billion in Q1 2021, indicating a growth of 36%[18]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 74,743,180,368.38, reflecting a 1.74% increase from CNY 73,463,965,311.12 at the end of the previous year[4]. - The total liabilities as of Q1 2022 were CNY 40,560,473,674.50, a decrease from CNY 41,668,493,163.71 in Q1 2021, representing a reduction of approximately 2.7%[16]. - The total current assets as of March 31, 2022, are ¥17,726,308,700.88, compared to ¥16,517,673,711.34 in the previous year[14]. - The total assets as of Q1 2022 were CNY 74,743,180,368.38, an increase from CNY 73,463,965,311.12 in Q1 2021, indicating a growth of about 1.7%[16]. - The total liabilities amounted to ¥1,842,972,801.94, compared to ¥1,825,106,583.08, indicating an increase of approximately 0.98%[24]. - The total equity decreased slightly to ¥22,347,072,988.71 from ¥22,347,935,799.38, a decline of about 0.004%[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 32,844[10]. - The largest shareholder, Huabei Mining Group Co., Ltd., holds 1,603,035,295 shares, accounting for 64.61% of the total shares[10]. - The total equity attributable to shareholders increased to CNY 29,422,467,320.78 in Q1 2022 from CNY 27,267,362,780.61 in Q1 2021, reflecting a growth of about 7.9%[16]. Research and Development - Research and development expenses increased by 31.87%, indicating a rise in investment in R&D projects[8]. - Research and development expenses for Q1 2022 were CNY 374,738,383.00, an increase from CNY 284,162,385.96 in Q1 2021, showing a rise of about 32%[17]. Cash Flow - The company's cash and cash equivalents as of March 31, 2022, amount to ¥4,485,352,328.95, a decrease from ¥5,188,783,396.82 at the end of 2021[12]. - The company's cash and cash equivalents decreased to CNY 1,622,145,592.48 in Q1 2022 from CNY 1,684,403,944.76 in Q1 2021, a decline of approximately 3.7%[15]. - The company's cash and cash equivalents increased to CNY 1,584,200,625.53 in Q1 2022 from CNY 489,413,224.26 in Q1 2021, representing a significant increase of approximately 223%[52]. - The company reported a net cash outflow from investing activities of approximately ¥1.18 billion, compared to a net outflow of ¥0.28 billion in Q1 2021[59]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 48,168,208.01, contributing to other income growth of 80.61%[8]. - The company reported other income of CNY 440,284.88 in the first quarter of 2022, compared to CNY 132,847.90 in the previous year, indicating an increase of approximately 230.36%[64]. Investment Income - The investment income increased by 100.71%, mainly due to higher returns from investments in joint ventures[9]. - Investment income rose by 100.71% mainly due to increased investment income from joint ventures[47]. Financial Ratios - The company's weighted average return on equity increased by 0.31 percentage points to 5.75% compared to 5.45% in the same period last year[4]. - The diluted earnings per share for Q1 2022 was ¥0.65, up from ¥0.49 in the previous year[19].