WXSJ(SH:603185)2022-05-11 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 5,674,229,955.88, representing a year-on-year increase of 252.62%[4] - The net profit attributable to shareholders for Q1 2022 was RMB 654,827,052.68, reflecting a growth of 108.15% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 519,803,090.03, which is an increase of 70.15% year-on-year[4] - The basic earnings per share for Q1 2022 was RMB 2.395, up by 93.46% from the previous year[4] - The net profit for Q1 2022 was CNY 654,827,052.68, a significant increase of 108.3% compared to CNY 314,600,321.93 in Q1 2021[19] - Basic earnings per share for Q1 2022 were CNY 2.395, up from CNY 1.238 in the same period last year, reflecting a growth of 93.5%[19] - The total comprehensive income for Q1 2022 was CNY 654,827,052.68, which is double the CNY 314,600,321.93 reported in Q1 2021[19] Assets and Liabilities - The total assets at the end of Q1 2022 amounted to RMB 18,540,891,895.77, a 27.95% increase from the end of the previous year[6] - The equity attributable to shareholders at the end of Q1 2022 was RMB 8,755,694,424.97, which is a 17.67% increase compared to the end of the previous year[6] - The company's total assets as of March 31, 2022, were RMB 18,540,891,895.77, an increase from RMB 14,490,845,825.86 at the end of 2021[16] - The company's total liabilities reached RMB 9,785,197,470.80, up from RMB 7,049,838,075.17 in the previous year[15] - The equity attributable to shareholders was RMB 8,755,694,424.97, compared to RMB 7,441,007,750.69 in the previous year, showing growth in shareholder value[16] Cash Flow - Cash flow from operating activities for Q1 2022 was CNY 652,560,233.35, a turnaround from a negative cash flow of CNY -31,143,318.72 in Q1 2021[21] - Total cash inflow from investment activities reached CNY 4,707,776,321.97, compared to CNY 1,940,028,196.16 in the previous year, indicating a growth of 142.5%[21] - The total cash outflow from investment activities was CNY 6,829,820,389.08, an increase from CNY 4,516,234,273.51 in Q1 2021[21] - The net cash flow from financing activities was CNY 2,429,548,287.85, down from CNY 2,864,167,726.32 in the same quarter last year[21] - The cash and cash equivalents at the end of Q1 2022 amounted to CNY 2,099,236,990.17, compared to CNY 642,443,180.52 at the end of Q1 2021, showing a substantial increase[21] Operational Highlights - The significant increase in revenue and profit is attributed to the expansion of the monocrystalline silicon business[8] - The company reported a significant increase in sales revenue from CNY 1,599,593,542.44 in Q1 2022 compared to CNY 627,881,674.92 in Q1 2021[20] - The company had a total of 66,161 common shareholders at the end of the reporting period[9] - Total operating costs for Q1 2022 were RMB 5,105,571,416.91, compared to RMB 1,262,362,620.61 in Q1 2021, reflecting a substantial rise in expenses[17] - R&D expenses in Q1 2022 amounted to RMB 291,831,983.18, up from RMB 62,545,196.53 in Q1 2021, indicating a strong focus on innovation[17] - Accounts receivable increased to RMB 237,689,296.28 from RMB 129,847,294.01 year-over-year, indicating improved sales performance[14] - Inventory decreased to RMB 2,189,606,851.94 from RMB 2,444,481,428.17, suggesting better inventory management[14] Non-Recurring Items - The company received government subsidies amounting to RMB 55,402,305.99 during the reporting period[7] - The company reported a total of RMB 135,023,962.65 in non-recurring gains and losses for the period[7] - The company did not report any net profit from subsidiaries prior to the merger, indicating no impact from previous operations on the current financial results[19]