长青集团(002616) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥829,209,765.28, representing a 9.45% increase compared to the same period last year[4] - The net profit attributable to shareholders decreased by 89.31% to ¥4,379,865.45, down from ¥48,680,943.61 in the previous year[4] - The company's basic earnings per share dropped by 89.31% to ¥0.0059, down from ¥0.0656 in the previous year[4] - Net profit for Q1 2022 was CNY 5,011,504.93, a decrease of 88.3% from CNY 42,845,586.66 in Q1 2021[23] - The company reported a total comprehensive income of CNY 4,824,181.55 for Q1 2022, significantly lower than CNY 48,158,977.74 in Q1 2021[24] Cash Flow - The net cash flow from operating activities increased by 129.63% to ¥19,451,764.34 compared to the same period last year[4] - The net cash flow from operating activities for Q1 2022 was ¥19,451,764.34, an increase of 129.3% compared to ¥8,471,056.55 in Q1 2021[27] - Total cash inflow from operating activities reached ¥736,824,216.51, up from ¥623,926,759.92 in the previous year, reflecting a growth of 18.1%[27] - Cash outflow from operating activities was ¥717,372,452.17, compared to ¥615,455,703.37 in Q1 2021, marking an increase of 16.5%[27] - The net cash flow from investing activities was -¥31,834,739.88, an improvement from -¥459,334,683.07 in the same period last year[27] - Cash inflow from investing activities totaled ¥102,707,009.71, significantly higher than ¥10,506,453.32 in Q1 2021[27] - Cash outflow from investing activities was ¥134,541,749.59, down from ¥469,841,136.39 in the previous year, indicating a decrease of 71.3%[27] - The net cash flow from financing activities was -¥100,170,808.58, compared to a positive cash flow of ¥287,694,985.21 in Q1 2021[28] - Total cash inflow from financing activities was ¥35,018,783.68, a decrease of 92.1% from ¥444,659,122.49 in the previous year[28] - The ending cash and cash equivalents balance was ¥273,740,621.57, down from ¥306,971,511.39 at the end of Q1 2021[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,540,896,042.31, reflecting a decrease of 1.35% from the previous year-end[4] - As of March 31, 2022, the total current assets amounted to CNY 2,429,059,110.92, a decrease from CNY 2,550,427,740.81 at the beginning of the year, representing a decline of approximately 4.8%[18] - The company's cash and cash equivalents decreased to CNY 278,740,621.57 from CNY 391,294,338.57, reflecting a reduction of about 28.7%[18] - Accounts receivable increased to CNY 1,664,572,738.54 from CNY 1,476,955,988.30, indicating a growth of approximately 12.7%[18] - The total fixed assets rose to CNY 4,304,506,366.02 from CNY 4,120,586,201.89, marking an increase of about 4.5%[18] - The total liabilities decreased from CNY 7,210,803,517.57 in Q1 2021 to CNY 7,075,001,498.27 in Q1 2022[20] Expenses - The company reported a 94.40% decrease in investment income due to the previous year's asset sales[10] - The company experienced a 67.99% increase in financial expenses due to interest costs associated with ongoing projects[10] - The company's sales expenses decreased by ¥3,983,900, primarily due to changes in the scope of consolidation after asset sales[9] - The company's financial expenses increased to CNY 57,799,619.14 in Q1 2022, compared to CNY 34,407,490.40 in Q1 2021[23] Shareholder Information - The total number of shares increased from 741,942,096 to 741,942,222 due to the conversion of CNY 1,000 of "Changji Convertible Bonds" into 126 shares during the reporting period[15] - The company’s major shareholders include He Qiqiang and Mai Zhenghui, who hold 25.77% and 23.06% of shares respectively, and are recognized as acting in concert[12] Asset Impairment and Accounting Changes - The company recognized an asset impairment loss of CNY 154,949,900 related to the Xiong County thermal power project due to non-compliance with local planning regulations[14] - The company implemented a change in accounting policy effective January 1, 2022, impacting the financial reporting of certain asset sales[5] Project Updates - The biomass cogeneration project in Xinye County is now meeting conditions for long-term stable operation, with an estimated investment of CNY 368 million[13] Audit Status - The report for Q1 2022 was not audited[29]