JEP(SZ:000875)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 4,290,487,622.35, representing a 22.24% increase compared to CNY 3,509,973,908.43 in the same period last year[3] - Net profit attributable to shareholders decreased by 2.50% to CNY 414,953,137.47 from CNY 425,590,985.66 year-on-year[3] - The company's basic earnings per share decreased by 25.00% to CNY 0.15 from CNY 0.20 in the same period last year[4] - The weighted average return on net assets decreased to 3.89% from 5.31% year-on-year[4] - Net profit for the period was ¥518,086,412.42, slightly down from ¥518,494,431.19 in the previous period[23] - The total profit for the period was ¥573,388,758.70, slightly higher than ¥568,709,803.67 in the previous period[23] Cash Flow - The net cash flow from operating activities increased by 11.93% to CNY 896,758,642.41 compared to CNY 801,205,700.04 in the previous year[3] - The company achieved a net cash inflow from sales of goods and services of ¥3,035,253,155.59, compared to ¥2,652,661,562.89 in the previous period[27] - The net cash flow from operating activities for Q1 2022 was CNY 896,758,642.41, an increase of 11.9% compared to CNY 801,205,700.04 in Q1 2021[28] - The cash inflow from financing activities totaled CNY 8,332,576,107.68, compared to CNY 7,733,911,287.59 in Q1 2021, indicating a year-over-year increase of 7.8%[28] - The company experienced a net decrease in cash and cash equivalents of CNY 126,051,643.47 during the quarter[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 70,864,432,375.74, a 6.16% increase from CNY 66,751,956,212.30 at the end of the previous year[4] - The company's total liabilities amounted to CNY 55.97 billion, up from CNY 52.47 billion, indicating an increase of about 6.0%[19] - The total equity attributable to shareholders increased to CNY 10.87 billion from CNY 10.46 billion, reflecting a growth of about 4.0%[19] - The company reported a total of 12.86 billion in current assets, an increase from 11.94 billion, indicating a growth of approximately 7.7%[16] Investments - The company's R&D expenses increased by 153.00% year-on-year, indicating a significant investment in new projects[8] - The company's long-term equity investments increased by 37.57% due to additional investments in Changchun Green Hydrogen Technology Co., Ltd.[8] - The company's long-term equity investments rose to CNY 872.35 million from CNY 634.10 million, an increase of approximately 37.5%[16] - The company reported a 61.30% increase in cash paid for acquiring fixed assets, intangible assets, and other long-term assets, primarily due to investments in new energy projects[11] Cash Flow from Activities - The total cash outflow from investing activities was CNY 2,184,330,776.37, significantly higher than CNY 1,251,942,362.02 in the same period last year[28] - The net cash flow from investment activities decreased by 76.20% due to increased project investments[11] - The cash outflow for the acquisition of fixed assets and other long-term assets was CNY 1,968,758,296.37, up from CNY 1,220,540,186.24 in the previous year[28] - The cash inflow from investment activities was CNY 114.60, a significant decrease from CNY 12,287,727.69 in Q1 2021[28] Other Financial Metrics - The company's cash and cash equivalents decreased to CNY 839.94 million from CNY 931.84 million, a decline of about 9.8%[16] - Accounts receivable rose to CNY 9.68 billion, up from CNY 8.35 billion, marking an increase of approximately 15.9%[16] - The company's inventory decreased significantly to CNY 173.57 million from CNY 411.18 million, a reduction of about 57.8%[16] - Long-term borrowings increased to CNY 29.43 billion from CNY 26.31 billion, representing a growth of approximately 8.0%[18] - The company reported interest expenses of ¥466,714,131.06, up from ¥379,857,369.50 in the previous period[23] Audit Information - The company did not conduct an audit for the Q1 2022 report[29]