CECWPC(SH:601016)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,190,129,070.64, representing a 19.79% increase compared to CNY 993,525,067.42 in the same period last year[7]. - Net profit attributable to shareholders was CNY 421,982,836.25, a 10.37% increase from CNY 382,342,022.12 in the previous year[7]. - The net cash flow from operating activities reached CNY 594,895,860.41, up 16.33% from CNY 511,389,246.07 in the same period last year[8]. - Basic earnings per share increased to CNY 0.084, a rise of 10.53% from CNY 0.076 in the previous year[8]. - The company reported a net profit of RMB 3,547,319,239.57 for Q1 2022, compared to RMB 2,721,618,722.32 in Q1 2021, showing an increase of about 30.5%[24]. - In Q1 2022, the net profit reached CNY 442,327,038.67, an increase from CNY 408,560,653.08 in Q1 2021, representing a growth of approximately 8.5%[26]. - The total operating profit was CNY 458,721,691.89, slightly down from CNY 465,291,805.48, reflecting a decrease of about 1.2%[26]. - The company reported a total comprehensive income of CNY 468,071,114.85, compared to CNY 411,884,577.02 in Q1 2021, reflecting a growth of around 13.5%[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 40,791,764,821.03, reflecting a 3.49% increase from CNY 39,416,074,095.57 at the end of the previous year[8]. - Total liabilities increased to RMB 28,537,747,575.68 from RMB 28,034,233,588.40, indicating a rise of about 1.8%[24]. - Non-current assets totaled RMB 32,653,412,479.11, compared to RMB 32,108,228,593.01 at the end of 2021, reflecting an increase of approximately 1.7%[22]. - The total equity increased to RMB 12,254,017,245.35 from RMB 11,381,840,507.17, representing a growth of approximately 7.7%[24]. - The total assets as of March 31, 2022, amounted to CNY 23,924,409,806.10, down from CNY 24,574,401,845.45 at the end of 2021[34]. - The total liabilities decreased to CNY 14,521,430,490.23 from CNY 15,157,735,997.40 year-over-year[34]. - The total equity as of March 31, 2022, was CNY 9,402,979,315.87, slightly down from CNY 9,416,665,848.05 at the end of 2021[34]. Cash Flow - The net cash flow from investing activities increased by 57.89%, attributed to reduced cash payments for fixed assets and intangible assets[11]. - The net cash flow from financing activities was CNY 449,164,540.07, a decrease from CNY 1,064,452,229.75 in the previous year[30]. - The company's cash flow from investment activities was negative at CNY -750,629,270.11, compared to CNY -1,782,430,509.88 in the previous year[30]. - The company reported cash outflows from financing activities of CNY 977,714,212.59 in Q1 2022, compared to CNY 417,229,088.57 in Q1 2021, reflecting higher debt repayments[40]. - Cash and cash equivalents at the end of Q1 2022 amounted to CNY 1,278,413,777.28, an increase from CNY 1,084,475,917.51 at the end of Q1 2021, reflecting improved liquidity[40]. Research and Development - The company's R&D expenses surged by 92.47%, indicating increased investment in technology development[11]. - Research and development expenses rose significantly to CNY 3,229,884.00, up from CNY 1,678,106.59, marking an increase of approximately 92.3%[26]. - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[42]. - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[48]. Operational Metrics - The total electricity generation for Q1 2022 was 2.827 billion kWh, representing a year-on-year increase of 16.47%[15]. - The total grid-connected electricity volume for Q1 2022 was 2.722 billion kWh, with a year-on-year growth of 16.27%[15]. - The market-oriented electricity trading volume reached 2.171 billion kWh, a significant increase of 140.31% compared to the same period last year[18]. - The cumulative installed capacity as of March 31, 2022, was 5.2121 million kW, with an equity installed capacity of 4.91786 million kW[15]. - The average grid-connected electricity price for Q1 2022 was 0.4836 RMB/kWh[16]. - The total market-oriented trading accounted for 79.78% of the total grid-connected electricity volume, an increase of 41.18 percentage points year-on-year[18]. - The company achieved a wind turbine availability rate of 99.30% in Q1 2022, up from 98.43% in the same period last year[19]. - The electricity generation in Guangdong province saw a dramatic increase of 2306.77% year-on-year, reaching 231.05 million kWh[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 298,384, with the largest shareholder being China Energy Conservation and Environmental Protection Group Co., Ltd., holding 47.93%[12].