CAMCE(SZ:002051)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥2,556,550,193.89, representing a 53.05% increase compared to ¥1,670,432,089.57 in the same period last year[3] - Net profit attributable to shareholders was ¥74,336,717.37, up 9.19% from ¥68,080,400.69 year-on-year[3] - Total operating revenue for the current period reached ¥2,556,550,193.89, a significant increase from ¥1,670,432,089.57 in the previous period, representing a growth of approximately 53%[25] - Total operating costs amounted to ¥2,466,838,782.44, up from ¥1,599,620,329.19, indicating a rise of about 54%[25] - Net profit for the current period was ¥71,084,947.19, compared to ¥64,351,094.17 in the previous period, reflecting an increase of approximately 10%[25] - The net profit attributable to the parent company was ¥74,336,717.37, up from ¥68,080,400.69, marking a growth of around 9%[29] - The company reported a total comprehensive income of ¥95,152,043.57, slightly down from ¥96,489,186.54 in the previous period[29] - Basic and diluted earnings per share remained stable at ¥0.06 for both periods[29] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net cash outflow of ¥150,908,955.19, a 78.97% reduction from a cash outflow of ¥717,569,098.86 in the previous year[3] - Cash inflow from operating activities totaled ¥2,320,209,415.06, an increase from ¥1,816,924,827.76 in the previous period, representing a growth of approximately 27.7%[33] - Cash inflow from investment activities was ¥51,553,838.62, compared to ¥350,137.00 in the previous period, indicating a significant increase[36] - Cash inflow from financing activities amounted to ¥146,734,297.47, up from ¥49,706,224.37 in the previous period, showing a growth of approximately 194.5%[36] - The company reported a decrease in cash paid to employees, totaling ¥307,892,817.54, down from ¥473,572,101.96 in the previous period, representing a reduction of approximately 35%[33] - The ending balance of cash and cash equivalents was ¥6,716,673,553.19, slightly up from ¥6,613,950,701.60 in the previous period[36] Assets and Liabilities - The company's total assets increased by 1.64% to ¥22,096,458,064.16 from ¥21,740,275,865.07 at the end of the previous year[3] - The total current assets at the end of the reporting period amounted to ¥17,957,615,810.97, a decrease from ¥18,055,645,124.71 at the beginning of the year[19] - The total non-current assets increased to ¥4,138,842,253.19 from ¥3,990,724,144.33 at the beginning of the year[19] - The total liabilities amounted to ¥11,171,664,486.20, slightly down from ¥11,219,208,934.65[22] - Total equity attributable to shareholders reached ¥10,804,829,079.52, compared to ¥10,706,425,265.77 in the previous period, indicating an increase of approximately 1%[22] Business Operations and Strategy - The company is focusing on three main business segments: design consulting and engineering contracting, advanced engineering technology development and application, and engineering investment and operation[6] - The company aims to enhance quality and efficiency while managing exchange rate risks, aligning with its "14th Five-Year Plan" strategy[6] - Prepayments increased by 46.17% compared to the beginning of the year, indicating more projects in the early execution phase[6] - Financial expenses surged by 164.73% year-on-year, primarily due to exchange gains from the previous year[6] - Investment income increased by 45.88% year-on-year, attributed to higher forward foreign exchange disposal gains[6] Contracts and Projects - The company signed a business contract for the Iraq Block 9 crude oil central processing facility project with a contract amount of $593,584,975, effective from the signing date[15] - A second contract for the Iraq Block 9 natural gas central processing facility was signed with a contract amount of $411,935,438.83, also effective from the signing date[15] Return on Investment - The weighted average return on equity rose to 0.69%, up from 0.65% year-on-year[3] - The company achieved a foreign exchange hedging gain of ¥0.16 billion during the reporting period, effectively reducing the impact of exchange rate fluctuations on performance[15] - Cash received from investment income was ¥50,546,550.80, indicating a positive return on investments[36]