CEI(SH:688128)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 73,981.94 million, representing a year-on-year increase of 26.59%[6] - The net profit attributable to shareholders for Q1 2022 was CNY 4,912.36 million, reflecting a growth of 5.26% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,731.42 million, which increased by 37.20% year-on-year, primarily due to growth in the new energy equipment business[12] - The company reported a net profit margin improvement, with net profit for Q1 2022 reflecting a positive trend compared to the previous year, although specific figures were not disclosed in the provided content[31] - Net profit for the first quarter of 2022 was CNY 4,707.64 million, compared to CNY 4,680.51 million in the same period of 2021, reflecting a slight increase[34] - Operating profit increased to CNY 5,126.88 million from CNY 4,804.51 million year-over-year, indicating a growth of approximately 6.7%[34] - Total revenue from operating activities was CNY 69,049.90 million, up from CNY 60,158.82 million in the previous year, representing an increase of about 14.5%[36] Assets and Liabilities - The total assets at the end of Q1 2022 amounted to CNY 490,752.96 million, a 1.16% increase from the end of the previous year[9] - The total assets as of March 31, 2022, were 490,752.96 million RMB, slightly up from 485,125.90 million RMB at the end of 2021[31] - Total liabilities as of March 31, 2022, were 240,012.73 million RMB, compared to 238,675.68 million RMB at the end of 2021, showing a slight increase[29] - The company’s total liabilities amounted to CNY 49,413.85 million, an increase from CNY 42,413.52 million, representing a growth of approximately 16.8%[45] Cash Flow - The net cash flow from operating activities for Q1 2022 was negative at CNY -15,729.23 million, indicating a significant cash outflow[6] - Cash flow from operating activities showed a net outflow of CNY 15,729.23 million, worsening from a net outflow of CNY 12,683.55 million in the previous year[36] - The total cash outflow from operating activities in Q1 2022 was 21,954.24 million RMB, compared to 29,422.63 million RMB in Q1 2021[49] - The net cash flow from operating activities for Q1 2022 was -12,770.54 million RMB, an improvement from -15,268.29 million RMB in Q1 2021[49] Research and Development - The total R&D investment for Q1 2022 was CNY 5,883.21 million, accounting for 7.95% of operating revenue, a decrease of 0.46 percentage points year-on-year[9] - Research and development expenses in Q1 2022 amounted to 5,883.21 million RMB, compared to 4,917.35 million RMB in Q1 2021, reflecting a rise of approximately 19.6%[31] - Research and development expenses for Q1 2022 were CNY 1,851.52 million, an increase from CNY 1,680.97 million in Q1 2021[47] Equity - The total equity attributable to shareholders at the end of Q1 2022 was CNY 248,937.70 million, an increase of 1.84% from the end of the previous year[9] - The equity attributable to shareholders reached 248,937.70 million RMB in Q1 2022, up from 244,442.97 million RMB in Q4 2021, indicating a growth of about 1.8%[29] - The total equity of the company reached CNY 224,646.44 million, slightly up from CNY 224,004.05 million year-over-year[47] Government Subsidies - The company received government subsidies amounting to CNY 988.52 million during the period, which are closely related to its normal business operations[10] Cash and Cash Equivalents - Cash and cash equivalents increased to 64,477.72 million RMB in Q1 2022 from 53,510.18 million RMB in Q4 2021, marking a growth of about 20.5%[22] - Cash and cash equivalents at the end of the period totaled CNY 63,717.08 million, a decrease from CNY 91,042.99 million at the end of the previous year[38] - Cash and cash equivalents at the end of Q1 2022 amounted to 32,781.88 million RMB, down from 69,204.78 million RMB at the end of Q1 2021[51] - The company’s cash and cash equivalents increased to CNY 32,826.79 million from CNY 19,668.68 million, showing a growth of approximately 66.7%[42] Comprehensive Income - Total comprehensive income for the period was CNY 4,270.15 million, down from CNY 4,778.43 million in the same quarter of 2021[34] - The total comprehensive income for Q1 2022 was 642.39 million RMB, significantly lower than 1,424.12 million RMB in Q1 2021[49] Investment Activities - The company experienced a significant increase in cash inflow from investment activities, totaling CNY 27,230.38 million, compared to CNY 33,466.76 million in the previous year[38] - Total cash inflow from investment activities in Q1 2022 was 69,361.49 million RMB, compared to 127,021.95 million RMB in Q1 2021[51] - The net cash flow from investment activities for Q1 2022 was 26,008.13 million RMB, down from 37,465.91 million RMB in Q1 2021[51] - The company received 69,000.00 million RMB from other investment-related cash in Q1 2022, down from 126,500.00 million in Q1 2021[51]