物产环能(603071) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥12,489,013,931.63, representing a year-on-year increase of 24.04%[6] - The net profit attributable to shareholders was ¥241,693,494.84, reflecting a significant increase of 59.89% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥237,759,096.69, up by 65.55% year-on-year[6] - The basic earnings per share for the period was ¥0.43, which is an increase of 30.30% compared to the previous year[6] - The operating profit for the current period is 356,344,455.86, up from 212,599,984.00, reflecting a significant increase of approximately 67.5%[34] - The total comprehensive income for the current period is 274,453,570.98, compared to 183,344,512.47 in the previous period, reflecting an increase of approximately 49.6%[36] Assets and Liabilities - The total assets at the end of the reporting period were ¥11,848,598,624.59, a decrease of 3.42% from the end of the previous year[9] - The equity attributable to shareholders increased by 6.33% to ¥4,062,221,655.35 compared to the end of the previous year[9] - Total liabilities as of March 31, 2022, were RMB 6,966,375,074.83, down from RMB 7,660,818,919.52 at the end of 2021, indicating a decrease of approximately 9.0%[30] - The total assets decreased to RMB 11,848,598,624.59 as of March 31, 2022, from RMB 12,268,360,567.21 at the end of 2021, reflecting a decline of about 3.4%[28] Cash Flow - The net cash flow from operating activities was negative at -¥1,958,186,547.59, indicating an increase in cash payments for goods purchased[6][13] - The total cash flow from operating activities is negative at -1,958,186,547.59, compared to -913,105,267.60 in the previous year, indicating a worsening cash flow situation[41] - The net increase in cash and cash equivalents was approximately -$993 million, compared to -$21 million last year[43] - The ending balance of cash and cash equivalents was approximately $342 million, down from $386 million in the previous period[43] Costs and Expenses - The total operating costs for Q1 2022 amounted to RMB 11,703,330,881.00, compared to RMB 9,738,426,864.10 in Q1 2021, reflecting an increase of about 20.1%[30] - The total tax expenses for the current period are 84,782,840.22, compared to 29,243,901.29 in the previous period, which is an increase of approximately 189.5%[34] - The company reported a financial expense of -3,024,454.18, a significant decrease from 47,187,581.76 in the previous period, indicating improved financial management[34] Investments - The investment income for the current period is 4,240,769.01, up from 1,254,892.25, representing an increase of approximately 237.5%[34] - Total cash inflow from investment activities was approximately $124 million, a decrease from $31 million in the previous period[43] - Cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was about $130 million, compared to $75 million last year[43] - Net cash flow from investment activities was negative at approximately -$247 million, down from -$704 million in the previous period[43] Operational Insights - The company attributed the increase in net profit to improved operational quality and a rise in the gross profit margin of its coal circulation business[13] - The company has not indicated any new product launches or major strategic changes during the reporting period[22] - Research and development expenses decreased to 19,240,915.47 from 22,731,691.37, showing a reduction of about 15.5%[34]