Linyang Energy(SH:601222)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥984,019,327.34, representing a year-on-year increase of 2.93%[6] - The net profit attributable to shareholders was ¥178,736,513.93, reflecting a growth of 3.68% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥158,658,523.19, showing a slight decrease of 0.23%[6] - The basic earnings per share (EPS) was ¥0.09, down by 12.93% compared to the previous year[6] - Total operating revenue for Q1 2022 was CNY 984,019,327.34, an increase of 2.2% compared to CNY 955,972,718.76 in Q1 2021[25] - Net profit for Q1 2022 reached CNY 180,878,759.07, a rise of 4.9% from CNY 172,817,392.52 in Q1 2021[27] - The company reported a total profit of CNY 226,435,357.04 for Q1 2022, up 10.6% from CNY 204,787,233.05 in Q1 2021[25] Cash Flow - The net cash flow from operating activities was -¥29,970,584.89, a significant decline of 84.91% year-on-year[6] - In Q1 2022, Jiangsu Linyang Energy reported cash inflows from operating activities of CNY 1,126,828,306.52, an increase of 42.4% compared to CNY 791,214,484.58 in Q1 2021[29] - The net cash flow from operating activities was -CNY 29,970,584.89, an improvement from -CNY 198,675,551.33 in the same period last year[29] - Cash inflows from investment activities totaled CNY 2,505,273,282.10, a decrease of 13.3% from CNY 2,888,343,295.46 in Q1 2021[31] - The net cash flow from investment activities was CNY 652,217,969.80, significantly up from CNY 219,002,763.37 in Q1 2021[31] - Cash inflows from financing activities amounted to CNY 457,658,673.66, down from CNY 750,386,453.96 in the previous year[31] - The net cash flow from financing activities improved to CNY 158,005,075.79 from -CNY 196,067,818.09 in Q1 2021[31] - The ending cash and cash equivalents balance was CNY 3,254,144,333.74, up from CNY 2,150,702,862.57 at the end of Q1 2021[31] - The company received CNY 33,822,772.95 in tax refunds, an increase of 81.2% compared to CNY 18,616,264.44 in Q1 2021[29] Assets and Liabilities - The total assets at the end of the reporting period were ¥20,331,069,594.70, a decrease of 0.87% from the end of the previous year[8] - The total assets of the company as of March 31, 2022, were RMB 20,331,069,594.70, down from RMB 20,509,135,495.86 at the end of 2021, reflecting a decrease of 0.87%[21] - The company's total liabilities decreased to RMB 4,990,550,496.78 from RMB 5,466,702,664.26, a reduction of 8.7%[21] - The total liabilities decreased to CNY 5,553,677,724.21 in Q1 2022 from CNY 6,032,640,741.98 in Q1 2021, a decline of 7.9%[25] Shareholder Information - The equity attributable to shareholders increased to ¥14,739,542,009.18, marking a growth of 2.07% from the previous year[8] - The number of ordinary shareholders at the end of the reporting period was 105,085[14] - The total equity attributable to shareholders of the parent company increased to CNY 14,739,542,009.18 in Q1 2022 from CNY 14,440,127,137.71 in Q1 2021, an increase of 2.1%[25] Investments and Expenses - The company's R&D expenses increased to CNY 41,725,105.80 in Q1 2022, compared to CNY 37,932,589.82 in Q1 2021, reflecting a growth of 7.4%[25] - The financial expenses decreased significantly to CNY 42,412,070.21 in Q1 2022 from CNY 78,563,210.72 in Q1 2021, a reduction of 46.0%[25] - The long-term equity investments increased to RMB 310,330,195.09, up from RMB 268,838,038.82, indicating a growth of 15.4%[21] Inventory and Receivables - Accounts receivable increased to RMB 4,085,558,942.78, up by 2.7% from RMB 3,978,702,858.36 year-over-year[19] - The company reported a decrease in inventory to RMB 538,637,279.25, down from RMB 588,894,625.01, reflecting a decline of 8.5%[19]