2022-04-27 16:00Financial Performance - Revenue for Q1 2022 reached ¥3,508,900,799.31, an increase of 70.61% compared to the same period last year[4] - Net profit attributable to shareholders was ¥436,710,292.28, a decrease of 47.88% year-on-year[4] - Basic earnings per share decreased by 50.00% to ¥0.20[5] - Total operating revenue for Q1 2022 reached ¥3,508,900,799.31, a significant increase from ¥2,056,716,792.92 in Q1 2021, representing a growth of approximately 70.5%[21] - Total operating costs for Q1 2022 were ¥3,005,516,512.21, compared to ¥1,109,206,733.08 in Q1 2021, indicating an increase of about 170.5%[21] - Net profit for Q1 2022 was ¥436,710,292.28, down from ¥837,817,793.99 in Q1 2021, reflecting a decrease of approximately 48%[23] - Total comprehensive income for Q1 2022 was ¥425,436,199.26, compared to ¥840,007,123.42 in Q1 2021, representing a decline of approximately 49.3%[24] Cash Flow - Operating cash flow net amount increased by 303.98% to ¥561,180,640.32[4] - Cash flow from operating activities for Q1 2022 was ¥561,180,640.32, compared to ¥138,911,953.98 in Q1 2021, indicating a substantial increase of approximately 303%[27] - The company received cash from operating activities totaling ¥1,557,248,911.11 in Q1 2022, an increase from ¥1,160,747,136.07 in Q1 2021, marking a growth of about 34%[27] - The net cash flow from financing activities was 2,555,114,647.20 CNY, an increase from 2,088,087,238.11 CNY year-over-year[28] - Total cash and cash equivalents at the end of the period were 1,475,644,089.09 CNY, down from 1,574,779,105.70 CNY in the previous year[28] - The net decrease in cash and cash equivalents for the period was -626,086,590.37 CNY, contrasting with an increase of 428,607,175.57 CNY in the previous year[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥23,398,430,901.13, up 16.51% from the end of the previous year[5] - Current assets decreased to RMB 7.93 billion from RMB 8.90 billion, a decline of about 10.9%[18] - Total liabilities increased to RMB 11.15 billion from RMB 8.27 billion, representing a growth of approximately 34.5%[19] - The company's equity attributable to shareholders reached RMB 12.25 billion, up from RMB 11.81 billion, an increase of approximately 3.7%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 41,445[10] - The largest shareholder, Hong Kong Central Clearing (Agent) Limited, holds 449,943,880 shares, representing 20.96% of the total shares[11] - The second-largest shareholder, Ruan Hongliang, holds 439,358,400 shares, accounting for 20.46%[11] - The top ten shareholders include several individuals with significant stakes, such as Ruan Zeyun with 350,532,000 shares (16.33%) and Jiang Jinhua with 324,081,600 shares (15.10%)[10] - The total number of shares held by the top ten shareholders includes a mix of restricted and unrestricted shares[10] Investment Activities - The company plans to issue up to 76,000,000 H shares, which would represent approximately 3.5% of the total issued share capital before the issuance[13] - The company has terminated the major asset restructuring process related to the acquisition of mining companies, indicating a strategic shift in its investment approach[14] - The acquisition of 100% equity in Anhui Dahua Mining Co., Ltd. and Anhui Sanli Mining Co., Ltd. was approved for a total transaction price of RMB 334,394.76 million[14] - The company completed the acquisition of 100% equity in Anhui Dahua Dongfang Mining Co., Ltd. and Anhui Sanli Mining Co., Ltd., making them wholly-owned subsidiaries[15] Expenses - Financial expenses increased by 1,030.50% due to higher interest expenses from increased bank borrowings[8] - Research and development expenses in Q1 2022 amounted to ¥100,731,583.77, up from ¥92,827,454.78 in Q1 2021, showing an increase of about 8.5%[21] - The company reported a significant increase in tax expenses, with Q1 2022 tax expenses at ¥58,684,096.91, compared to ¥123,890,025.45 in Q1 2021, reflecting a decrease of approximately 52.7%[23] - Dividend payments and interest payments totaled 44,128,364.15 CNY, up from 15,860,385.73 CNY in the previous year[28]