2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 reached ¥105.53 billion, representing a year-on-year increase of 62.75%[3] - Net profit attributable to shareholders was ¥27.62 billion, up 78.73% compared to the same period last year[3] - The net cash flow from operating activities amounted to ¥62.53 billion, reflecting a significant increase of 131.78% year-on-year[3] - Basic earnings per share were ¥1.72, an increase of 77.32% from the previous year[3] - The company's EBIT for the reporting period was RMB 40.523 billion, an increase of RMB 20.669 billion, representing a year-on-year growth of 104.11%[9] - Net profit for the period was RMB 33.116 billion, an increase of RMB 15.553 billion year-on-year[17] - Total operating revenue for Q1 2022 reached ¥105.53 billion, a significant increase of 62.6% compared to ¥64.84 billion in Q1 2021[25] - Net profit for Q1 2022 was ¥32.55 billion, up 83.1% from ¥17.80 billion in Q1 2021[26] - The company's total revenue in USD terms was $15.625 billion, a 67.54% increase compared to the previous year[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥476.29 billion, a 15.14% increase from the end of the previous year[3] - Shareholders' equity attributable to the parent company was ¥160.39 billion, up 20.51% year-on-year[3] - The total liabilities increased to ¥265.69 billion in Q1 2022, compared to ¥234.81 billion in Q4 2021, reflecting a growth of 13.1%[24] - The company's total equity rose to ¥210.60 billion in Q1 2022, up from ¥178.86 billion in Q4 2021, marking an increase of 17.7%[24] - The company's long-term borrowings stood at approximately $56.12 billion, slightly up from $55.90 billion at the end of the previous year[23] - The company's total liabilities increased to approximately $152.04 billion from $121.32 billion year-on-year[23] Revenue Breakdown - The increase in revenue and profit was primarily driven by significant growth in container shipping business and stable performance in terminal operations[6] - Revenue from the container shipping business reached RMB 103.853 billion, up from RMB 63.522 billion, marking an increase of RMB 40.331 billion[17] - Revenue from the Asia-Europe route increased by 64.55% year-on-year, reaching RMB 17.748 billion[13] - Revenue from the Trans-Pacific route saw a significant increase of 93.31% year-on-year, totaling RMB 15.657 billion[13] - The container shipping business revenue reached $16,341.39 million, a year-on-year increase of 67.4% from $9,758.13 million[19] Cash Flow - The cash inflow from operating activities for Q1 2022 was CNY 106.38 billion, a significant increase of 64.7% compared to CNY 64.55 billion in Q1 2021[28] - The net cash flow from operating activities for Q1 2022 was CNY 62.53 billion, up 131.7% from CNY 26.98 billion in Q1 2021[29] - The total cash and cash equivalents at the end of Q1 2022 reached CNY 235.62 billion, compared to CNY 71.14 billion at the end of Q1 2021[29] - The net cash flow from investing activities for Q1 2022 was CNY -360.74 million, an improvement from CNY -615.45 million in Q1 2021[29] - The net cash flow from financing activities for Q1 2022 was CNY -3.84 billion, an improvement from CNY -8.04 billion in Q1 2021[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 543,970[7] - The largest shareholder, China Ocean Shipping Company, held 37.00% of the shares[7] Operational Metrics - The total fleet included 511 container ships with a capacity of 2,941,911 TEUs as of March 31, 2022[10] - The total cargo volume for the container shipping business was 6,161,701 TEUs, a decrease of 9.17% compared to the same period last year[10] - The total container throughput for the group's ports was 30.29 million TEUs, a slight increase of 0.34% year-on-year[20] - The throughput at the group's controlling terminals increased by 39.55% to 7.49 million TEUs, while the throughput at joint venture terminals decreased by 8.13% to 22.80 million TEUs[21] Research and Development - Research and development expenses for Q1 2022 were ¥162.76 million, significantly higher than ¥42.35 million in Q1 2021, indicating a growth of 284.5%[26] Tax and Financial Expenses - The company reported a significant increase in tax expenses, with ¥23,042,421.97 in Q1 2022 compared to negligible amounts in Q1 2021[32] - Financial expenses for Q1 2022 were reported as -¥110,233,807.18, a significant change from ¥62,956,577.68 in Q1 2021, primarily due to a decrease in interest expenses[32]