九丰能源(605090) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 reached ¥7,017,080,309.39, representing a year-on-year increase of 126.18%[2] - Net profit attributable to shareholders was ¥392,758,566.96, reflecting a growth of 40.66% compared to the same period last year[2] - The basic earnings per share (EPS) was ¥0.89, which is an increase of 14.10% from the previous year[2] - Total operating revenue for Q1 2022 reached RMB 7,017,080,309.39, a significant increase of 126.5% compared to RMB 3,102,389,470.54 in Q1 2021[17] - Net profit for Q1 2022 was RMB 393,224,755.32, up 40.0% from RMB 280,824,416.69 in Q1 2021[18] - Operating profit for Q1 2022 was RMB 434,725,949.33, an increase of 38.3% from RMB 314,319,105.17 in Q1 2021[18] - Total comprehensive income for Q1 2022 was RMB 386,240,230.34, compared to RMB 280,824,416.69 in Q1 2021[20] Cash Flow and Assets - The net cash flow from operating activities amounted to ¥758,045,748.78, showing a significant increase of 1,820.12% year-on-year[2] - Cash flow from operating activities for Q1 2022 was RMB 758,045,748.78, compared to RMB 39,479,112.72 in Q1 2021, indicating a substantial improvement[22] - The company's current assets totaled CNY 6,128,315,877.17 as of March 31, 2022, compared to CNY 4,792,394,323.17 at the end of 2021, indicating an increase of about 28%[13] - The cash and cash equivalents increased to CNY 3,971,817,737.75 from CNY 3,167,821,774.86, reflecting a growth of approximately 25.4%[13] - The ending balance of cash and cash equivalents reached $3,257,077,416.02, significantly higher than $1,498,853,013.16 from the previous period, marking an increase of approximately 117%[23] Liabilities and Equity - The company's total liabilities reached CNY 2,726,776,951.15 as of March 31, 2022, up from CNY 1,819,297,512.92 at the end of 2021, marking an increase of around 50%[16] - The total equity attributable to shareholders rose to CNY 6,123,604,956.72 from CNY 5,738,200,132.46, which is an increase of about 6.7%[16] Operating Costs and Inventory - The company reported a 143.46% increase in operating costs, attributed to higher procurement volumes and prices of LNG and LPG products[5] - Total operating costs for Q1 2022 were RMB 6,530,139,780.50, up 140.5% from RMB 2,717,371,190.72 in Q1 2021[17] - The company reported a significant increase in inventory, which decreased to CNY 413,599,263.35 from CNY 686,135,430.54, a reduction of approximately 39.7%[14] Shareholder Information - The company has a total of 34,171 common shareholders, with the largest shareholder holding 32.35% of the shares[7] Strategic Initiatives - The company plans to acquire 100% of the shares of Sen Tai Energy through a combination of issuing shares, convertible bonds, and cash payments[9] - The company has been actively pursuing a major asset restructuring transaction, with the board approving related proposals on January 17, 2022[10] - The company completed the response to the inquiry letter from the Shanghai Stock Exchange on February 19, 2022, and made corresponding revisions to the transaction plan[11] - The company plans to hold a shareholders' meeting to review the relevant proposals after completing the necessary audit and evaluation work related to the transaction[12] - The company has applied for an extension to respond to the inquiry letter, expecting a delay of no more than 5 trading days[11] Investment Activities - The company’s investment activities resulted in a net cash outflow of RMB 795,685,927.32 in Q1 2022, compared to RMB 134,010,837.17 in Q1 2021[22] Cash Flow from Financing Activities - Cash flow from financing activities totaled $1,104,089,338.90, an increase from $688,014,558.57 in the previous period, reflecting a growth of approximately 60%[23] - Net cash flow generated from financing activities was $419,569,725.09, slightly up from $417,722,571.83, indicating a stable performance[23] - The net increase in cash and cash equivalents was $384,186,536.14, compared to $328,458,976.66, representing a growth of about 17%[23] - The impact of exchange rate changes on cash and cash equivalents was $2,256,989.59, down from $5,268,129.28, indicating a decrease of about 57%[23]