佛燃能源(002911) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 3,301,781,496.87, representing a 56.08% increase compared to CNY 2,115,406,918.37 in the same period last year[3]. - Net profit attributable to shareholders was CNY 74,890,428.83, an increase of 7.81% from CNY 69,468,360.45 in the previous year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 72,648,201.53, up 8.78% from CNY 66,782,998.79 year-on-year[3]. - The total operating revenue for Q1 2022 was CNY 3,301,781,496.87, an increase of 56.06% compared to CNY 2,115,406,918.37 in the same period last year[19]. - The total operating costs for Q1 2022 were CNY 3,139,767,652.27, up 56.77% from CNY 2,001,618,907.57 in Q1 2021[19]. - The net profit for Q1 2022 was CNY 66,875,962.09, a decrease of 16.01% compared to CNY 79,574,039.81 in Q1 2021[20]. - The total comprehensive income for the period was CNY 66,875,962.09, compared to CNY 79,574,039.81 in the previous period, reflecting a decrease of approximately 16%[21]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 8.10% to CNY 135,296,272.35 from CNY 147,220,323.82 in the previous year[3]. - The company's cash and cash equivalents increased to RMB 1,902,938,180.07 from RMB 1,622,042,618.56, reflecting a growth of 17.3%[13]. - The company's cash and cash equivalents at the end of the period amounted to CNY 1,848,998,023.16, up from CNY 1,566,268,434.05 in the previous period, indicating an increase of about 18%[24]. - The company's total cash inflow from operating activities was CNY 3,526,481,330.62, compared to CNY 2,292,254,483.37 in the previous period, marking an increase of approximately 54%[23]. - The net cash flow from investing activities was -CNY 342,870,297.71, an improvement from -CNY 837,227,356.80 in the previous period[24]. - The net cash flow from financing activities was CNY 487,905,606.62, down from CNY 882,545,376.66 in the previous period, showing a decrease of about 45%[24]. - The company received CNY 50,000,000.00 from other financing activities, compared to CNY 690,919,790.00 in the previous period, showing a significant decrease[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 14,990,979,472.75, a 7.56% increase from CNY 13,936,991,567.93 at the end of the previous year[3]. - The total assets increased to CNY 14,990,979,472.75 in Q1 2022 from CNY 13,936,991,567.93 in Q1 2021, reflecting a growth of 7.57%[16]. - The total liabilities rose to CNY 9,342,834,988.93, compared to CNY 8,341,978,131.91 in the previous year, marking an increase of 12.00%[16]. - As of March 31, 2022, the company's total current assets amounted to RMB 4,601,733,304.02, an increase of 21.6% from RMB 3,785,995,509.43 at the beginning of the year[13]. Shareholder Equity - Shareholders' equity attributable to the parent company was CNY 4,539,340,065.40, up 1.79% from CNY 4,459,608,033.18 at the end of the previous year[3]. - The total equity attributable to shareholders increased to CNY 4,539,340,065.40 from CNY 4,459,608,033.18, reflecting a growth of 1.79%[16]. Earnings and Expenses - Basic and diluted earnings per share were both CNY 0.08, reflecting a 14.29% increase from CNY 0.07 in the same period last year[3]. - Research and development expenses for Q1 2022 were CNY 49,177,045.59, up 37.67% from CNY 35,660,247.68 in Q1 2021, indicating a focus on innovation[19]. - The company reported a decrease in employee compensation liabilities to CNY 57,346,621.33 from CNY 127,812,410.31, suggesting a potential restructuring or cost-cutting measures[16]. Other Financial Activities - The company reported a non-operating income of CNY 2,242,227.30, primarily from government subsidies and other income[4]. - The company underwent a retrospective adjustment due to a business combination under common control[3]. - The company completed the issuance of the first phase of ultra-short-term financing bonds for 2022, with a scale of RMB 400 million, which was received on January 12, 2022[11]. - The company issued the second phase of ultra-short-term financing bonds for 2022, also amounting to RMB 400 million, received on March 23, 2022[11]. - The company approved a proposal to sign a liquefied natural gas sales and purchase agreement with Sinochem Singapore International Petroleum Co., Ltd.[11]. - The company plans to manage operational risks arising from natural gas price fluctuations through hedging strategies involving various financial institutions[11]. Asset Composition - The company's inventory rose to RMB 342,718,464.65, up from RMB 283,820,643.09, indicating a 20.7% increase[13]. - The company’s fixed assets increased to RMB 5,677,701,952.92 from RMB 5,656,855,262.16, showing a slight growth[13]. - The company’s long-term equity investments slightly decreased to RMB 138,424,414.97 from RMB 138,574,386.89[13]. - The company’s intangible assets decreased to RMB 1,816,688,928.36 from RMB 1,837,201,779.82, reflecting a decline[13].