SHREG(SZ:000803)2022-04-19 16:00Financial Performance - The company's revenue for Q1 2022 was CNY 338,164,774.67, representing a 75.73% increase compared to CNY 192,436,028.84 in the same period last year[3]. - Net profit attributable to shareholders was CNY 40,384,520.29, a significant increase of 300.69% from CNY 10,078,710.68 year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 40,343,651.79, up 317.17% from CNY 9,670,852.07 in the previous year[3]. - Operating revenue for the first quarter of 2022 was 338,164,774.67 yuan, representing a 75.8% increase compared to 192,436,028.84 yuan in the same period last year[21]. - The total profit for Q1 2022 was approximately ¥63.16 million, compared to ¥17.06 million in Q1 2021, representing an increase of 270.5%[22]. - The net profit for Q1 2022 reached ¥43.03 million, up from ¥13.08 million in the same period last year, marking a growth of 229.5%[22]. - The basic earnings per share for Q1 2022 was ¥0.17, compared to ¥0.05 in Q1 2021, reflecting a 240% increase[22]. Assets and Liabilities - The company's total assets increased by 8.85% to CNY 3,004,615,857.63 from CNY 2,760,240,863.18 at the end of the previous year[3]. - As of March 31, 2022, total current assets amounted to 863,960,705.82 yuan, an increase of 12.5% from the beginning of the year[18]. - The company's total liabilities as of March 31, 2022, were 1,613,951,083.47 yuan, up from 1,441,927,078.24 yuan at the beginning of the year, reflecting a growth of 11.9%[19]. - The company’s total assets reached 3,004,615,857.63 yuan, up from 2,760,240,863.18 yuan at the beginning of the year, reflecting a growth of 8.8%[19]. Cash Flow - Cash flow from operating activities was negative at CNY -92,040,839.67, worsening by 70.57% from CNY -53,959,934.18 in the same period last year[3]. - The net cash flow from operating activities was negative at ¥92.04 million, worsening from a negative ¥53.96 million in Q1 2021[23]. - Cash inflow from operating activities totaled ¥171.93 million, while cash outflow was ¥263.97 million, resulting in a net cash outflow of ¥92.04 million[23]. - Investment activities resulted in a net cash outflow of ¥106.14 million, compared to a net outflow of ¥88.72 million in the previous year[24]. - Financing activities generated a net cash inflow of ¥197.02 million, an increase from ¥113.24 million in Q1 2021[24]. - The company reported a total cash and cash equivalents balance of approximately ¥322.48 million at the end of Q1 2022, down from ¥45.85 million at the end of Q1 2021[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 10,852, with no preferred shareholders having restored voting rights[9]. - Beijing Beikong Photovoltaic Technology Development Co., Ltd. holds 15.83% of shares, amounting to 39,456,429 shares, with 16,822,429 shares pledged[9]. - The company has issued restricted stock to incentivize employees, resulting in a cash inflow of CNY 117,749,100.00[7]. - The company has established a second phase of the restricted stock incentive plan, granting 9 million shares at a price of 11.02 RMB per share to 129 individuals[11]. Investments and Acquisitions - Long-term equity investments surged by 297.46% to CNY 80,627,261.00, mainly due to increased investment in Fuzhou Qingyu New Energy Partnership[7]. - The company signed a cooperation framework agreement with Shandong Binhua Binyang Fuel Chemical Co., Ltd. to establish a joint venture for a biodiesel production project with a capacity of 400,000 tons/year[12]. - The company is acquiring 95% of the equity of Yinchuan Baolv Special Biotechnology Co., Ltd., with the agreement already approved by the board[12]. - The company completed the acquisition of 80% of Shandong Henghua Jiaye Environmental Technology Co., Ltd. on March 24, 2022[13]. - The company signed an agreement to acquire 99.996% of Beijing Chinai Bioenergy Technology Co., Ltd., with the project expected to complete equity transfer soon[13]. - The company is acquiring 100% of Tianjin Bihai Environmental Technology Consulting Service Co., Ltd. and has signed an exclusive sales agreement for oil fats[14]. - The company has invested in Wuhan Shifang New Energy Co., Ltd., holding 99.99% of its shares after a capital increase[14]. - The acquisition of Wuhan Baixin Environmental Energy Technology Co., Ltd. was completed for a total consideration of 94.5 million RMB[14]. - The company signed a share transfer agreement to acquire 100% equity of Qingzhou Changtai Oil Co., Ltd. for 3.5 million yuan, focusing on waste oil sales[15]. - The company also signed a framework agreement to acquire 100% equity of Sichuan Jianqishi Biotechnology Co., Ltd., with an exclusive oil sales agreement in place[15]. Miscellaneous - The company's cash and cash equivalents decreased slightly to 322,479,767.07 yuan from 323,641,316.96 yuan at the beginning of the year[17]. - The company reported a net loss of 99,799,790.99 yuan in retained earnings, an improvement from a loss of 140,184,311.28 yuan at the beginning of the year[19]. - The company’s long-term equity investments increased significantly to 80,627,261.00 yuan from 20,285,540.47 yuan at the beginning of the year, marking a growth of 297.5%[18]. - The report was released by the board of directors on April 19, 2022[26]. - The company did not conduct an audit for the Q1 2022 report[25].