BGE(SH:603588)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,566,050,965.16, representing a year-on-year increase of 23.84%[6] - The net profit attributable to shareholders of the listed company was ¥170,300,281.24, reflecting a growth of 42.85% compared to the same period last year[6] - Basic and diluted earnings per share were both ¥0.161, up by 43.75% from the previous year[9] - Net profit for Q1 2022 was ¥181,923,456.92, compared to ¥134,841,504.58 in Q1 2021, representing an increase of approximately 35%[32] - Total operating revenue for Q1 2022 reached ¥1,566,050,965.16, an increase of approximately 24% compared to ¥1,264,614,148.79 in Q1 2021[30] - Total operating costs for Q1 2022 were ¥1,407,961,152.72, up from ¥1,130,046,827.04 in Q1 2021, reflecting a growth of about 24%[30] - Total comprehensive income for the period reached CNY 181,923,456.92, an increase from CNY 134,841,504.58 in the previous year, reflecting a growth of approximately 35%[35] - Basic and diluted earnings per share increased to CNY 0.161 from CNY 0.112, representing a growth of about 43.8%[35] Cash Flow - The net cash flow from operating activities reached ¥302,570,625.72, showing a significant increase of 150.41% year-on-year[6] - Net cash flow from operating activities was CNY 302,570,625.72, significantly higher than CNY 120,828,729.10 in the same period last year, marking an increase of approximately 150%[39] - Cash inflow from operating activities totaled CNY 2,025,072,173.76, compared to CNY 1,791,758,420.94, indicating a rise of about 13.0%[39] - Cash outflow from operating activities was CNY 1,722,501,548.04, up from CNY 1,670,929,691.84, which is an increase of approximately 3.1%[39] - The company reported a net increase in cash and cash equivalents of CNY 263,268,519.03, contrasting with a decrease of CNY -387,670,415.00 in the previous year[41] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥18,118,845,689.25, an increase of 4.53% from the end of the previous year[9] - The company's total liabilities amounted to ¥11,650,844,182.49, an increase from ¥11,120,550,830.37 in the previous year[30] - The total equity attributable to shareholders reached ¥5,686,394,763.63, up from ¥5,493,419,354.32, indicating a growth of about 4%[30] - Total current assets as of March 31, 2022, amounted to CNY 8,208,803,898.58, an increase from CNY 7,618,103,872.40 in the previous year[21] - Total assets as of March 31, 2022, were CNY 18,118,845,689.25, compared to CNY 17,333,436,931.69 a year earlier[25] Shareholder Information - The company reported a total of 25,078 shareholders at the end of the reporting period[20] - The largest shareholder, Li Weiguo, holds 19.77% of the shares, totaling 210,614,886 shares[20] - The company has a total of 10,800,019 shares held by shareholder Ye Zaojun, which are under a credit guarantee securities account[20] - The company has not identified any related party transactions among the top shareholders, except for the relationship between Li Weiguo and Li Xingguo, who are brothers[20] Research and Development - Research and development expenses rose by 59.46% to ¥5,245,860.00, indicating an increase in R&D activities[12] - Research and development expenses for Q1 2022 were ¥52,458,574.90, compared to ¥32,898,149.45 in Q1 2021, marking an increase of approximately 59%[30] Cash and Cash Equivalents - The company's cash and cash equivalents increased by 31.22% to ¥112,263,450.00, primarily due to increased bank loans and sales collections[10] - Cash and cash equivalents reached CNY 1,122,634,506.58, up from CNY 855,507,652.49 year-over-year[21] - The company's cash and cash equivalents increased to ¥608,743,755.10 from ¥975,172,113.02, indicating a decrease of about 37%[30] - The ending cash and cash equivalents balance was CNY 900,739,693.10, up from CNY 818,784,413.19, indicating an increase of about 10%[41] Investment Activities - The company reported a net cash outflow from investing activities of ¥36,848,780.00, a decrease of 37.68% year-on-year, mainly due to reduced investments in PPP projects[12] - Net cash flow from investing activities was negative at CNY -368,487,810.91, an improvement from CNY -591,305,418.57 year-over-year[41]