山东路桥(000498) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 10,525,171,895.36, representing a 61.61% increase compared to CNY 6,512,699,629.14 in the same period last year[3] - Net profit attributable to shareholders for Q1 2022 was CNY 235,843,108.65, up 47.92% from CNY 159,437,948.96 in the previous year[3] - Basic earnings per share for Q1 2022 were CNY 0.1276, reflecting a 24.61% increase from CNY 0.1024 in the previous year[3] - Operating revenue increased by 61.61% to CNY 10,525,171,895.36, driven by an increase in ongoing projects and production value compared to the same period last year[10] - Net profit attributable to shareholders increased by 47.92% to CNY 235,843,108.65, supported by higher project completion and work volume[10] - The total comprehensive income attributable to the parent company was CNY 250,232,108.68, an increase from CNY 143,451,290.29 in the previous period, representing a growth of approximately 74.4%[38] Cash Flow - The net cash flow from operating activities was negative at CNY -1,296,355,804.76, a decrease of 633.89% compared to CNY 242,812,349.68 in the same period last year[3] - Cash flow from operating activities decreased by 633.89% to -CNY 1,296,355,804.76, primarily due to mismatches in sales collections and procurement payments[10] - Cash flow from investing activities improved by 30.23% to -CNY 876,376,032.81, as cash outflows for investments decreased compared to the previous year[10] - Cash flow from financing activities increased by 464.46% to CNY 1,538,103,517.90, mainly due to an increase in cash received from borrowings[10] - Cash inflow from operating activities totaled CNY 14,718,723,327.59, up from CNY 11,544,001,001.17, indicating an increase of approximately 27.5%[39] - Cash outflow from operating activities was CNY 16,015,079,132.35, compared to CNY 11,301,188,651.49 in the previous period, marking an increase of about 42.0%[42] - The net cash flow from financing activities was CNY 1,538,103,517.90, compared to CNY 272,489,110.21 in the previous period, indicating a significant increase[42] Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 81,888,049,083.99, a decrease of 1.80% from CNY 83,386,867,270.97 at the end of the previous year[3] - The company's equity attributable to shareholders increased to CNY 13,704,524,295.72, up 1.33% from CNY 13,525,055,646.00 at the end of the previous year[3] - The company's total liabilities decreased to ¥61,594,448,946.70 from ¥63,373,705,908.60, a reduction of approximately 2.8%[30] - The total assets of the company were reported at ¥81,888,049,083.99, down from ¥83,386,867,270.97, indicating a decrease of 1.8%[31] - The company's total current liabilities increased from 4.491 billion yuan to 5.682 billion yuan[25] Research and Development - R&D expenses surged by 179.79% to CNY 167,413,220.99, due to an increase in ongoing and newly initiated R&D projects[10] - Research and development expenses rose to ¥167,413,220.99, a substantial increase of 179.9% compared to ¥59,834,731.08 in the previous year[32] Accounts Receivable and Payable - The accounts receivable increased by 34.15% to CNY 1,809,417,120.07, primarily due to an increase in commercial bills payable by the owner units[7] - The company reported a 51.69% increase in accounts payable, reaching CNY 5,787,461,906.96, mainly due to new commercial bills for materials and labor costs[7] - Accounts receivable increased from 8.628 billion yuan to 7.935 billion yuan, while notes receivable rose from 1.349 billion yuan to 1.809 billion yuan[25] Strategic Investments and Projects - The company plans to continue expanding its market presence through strategic investments and project bids[21] - The company has made significant investments in new projects, indicating a focus on growth and expansion in the infrastructure sector[21] - The company has won bids for multiple highway projects, including the Linteng and Gao Shang highways, with a total investment commitment of up to 1,989.4 million yuan for the Lingxi No. 7 investment center[21]