KEC(SH:600997)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥5,530,918,690.17, representing a decrease of 5.27% compared to the same period last year[4] - The net profit attributable to shareholders was ¥588,904,662.19, down by 2.83% year-on-year[4] - The total revenue for Q1 2022 was approximately CNY 5.53 billion, a decrease of 5.3% compared to CNY 5.84 billion in Q1 2021[22] - Net profit for Q1 2022 was CNY 586.31 million, down 21.1% from CNY 743.63 million in Q1 2021[22] - The company's operating profit decreased to CNY 803.11 million, a decline of 18.0% compared to CNY 978.44 million in the previous year[22] - The total comprehensive income for Q1 2022 was CNY 596.88 million, down 21.0% from CNY 755.79 million in Q1 2021[22] - The basic and diluted earnings per share were both ¥0.37, a decrease of 2.63% year-on-year[4] - The basic earnings per share for Q1 2022 was CNY 0.37, a slight decrease from CNY 0.38 in Q1 2021[22] Cash Flow - The net cash flow from operating activities increased significantly by 78.83%, amounting to ¥1,298,735,618.50, primarily due to higher cash received from sales[7] - In Q1 2022, the cash inflow from operating activities was CNY 5,987,880,675.38, an increase of 15.3% compared to CNY 5,190,114,669.00 in Q1 2021[25] - The net cash flow from operating activities reached CNY 1,298,735,618.50, up 78.5% from CNY 726,254,905.63 in the same period last year[25] - Cash outflow for purchasing goods and services was CNY 3,788,785,037.41, compared to CNY 3,539,679,937.49 in Q1 2021, reflecting a 7.0% increase[25] - The cash inflow from investment activities was CNY 116,192,500.00, significantly higher than CNY 2,136.50 in Q1 2021[25] - The net cash flow from investment activities was -CNY 158,586,648.56, a slight increase in outflow compared to -CNY 150,226,899.92 in the previous year[25] - Cash inflow from financing activities totaled CNY 360,000,000.00, down 24.0% from CNY 474,322,500.00 in Q1 2021[25] - The net cash flow from financing activities was CNY 109,612,875.25, a recovery from -CNY 183,526,282.37 in the same quarter last year[25] - The total cash and cash equivalents at the end of Q1 2022 amounted to CNY 10,242,201,692.95, an increase from CNY 7,601,287,170.61 in Q1 2021[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥30,846,800,398.78, reflecting a 3.79% increase from the end of the previous year[4] - Current assets totaled RMB 17,052,153,240.49, an increase of 8.13% from RMB 15,770,038,477.55 as of December 31, 2021[17] - Total liabilities amounted to RMB 14,620,216,000.05, an increase of 3.46% compared to RMB 14,130,764,557.77[18] - The company's total assets reached RMB 30,846,800,398.78, up from RMB 29,720,666,735.09, indicating a growth of 3.79%[18] - The equity attributable to shareholders increased by 4.70% to ¥14,101,438,731.68 compared to the previous year-end[4] - The equity attributable to shareholders increased to RMB 14,101,438,731.68 from RMB 13,468,131,466.07, reflecting a growth of 4.70%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 58,480[8] - The largest shareholder, Kailuan Group Co., Ltd., held 46.12% of the shares, amounting to 732,262,656 shares[8] Other Income and Expenses - The company reported non-operating income of ¥3,984,222.21, after accounting for taxes and minority interests[7] - The company reported a tax expense of CNY 214.79 million, a decrease of 8.0% from CNY 233.68 million in the previous year[22] - Investment income from joint ventures and associates increased to CNY 27.31 million, up 60.5% from CNY 16.99 million in Q1 2021[22] - Other comprehensive income after tax was CNY 10.57 million, compared to CNY 12.16 million in the same period last year[22] - The company experienced a net loss attributable to minority shareholders of CNY 2.59 million, contrasting with a profit of CNY 137.56 million in Q1 2021[22]