亿纬锂能(300014) - 2022 Q1 - 季度财报

Financial Performance - The company's total revenue for Q1 2022 reached ¥6,733,932,863.07, representing a 127.69% increase compared to ¥2,957,502,885.88 in the same period last year[3] - Net profit attributable to shareholders decreased by 19.43% to ¥521,169,247.21 from ¥646,839,235.60 year-on-year[3] - The company's basic earnings per share decreased by 20.59% to ¥0.27 from ¥0.34 in the same period last year[3] - Net profit decreased to CNY 477.80 million from CNY 724.22 million, primarily due to reduced investment income[10] - Net profit for Q1 2022 was CNY 477,802,766.64, compared to CNY 724,222,683.91 in Q1 2021, indicating a decrease of about 33.9%[27] Cash Flow - The net cash flow from operating activities improved significantly, reaching ¥853,384,921.59, a 349.15% increase from a negative cash flow of ¥342,518,995.60 in the previous year[3] - Cash flow from operating activities improved significantly to CNY 853.38 million, a 349.15% increase from the previous year's negative cash flow of CNY -342.52 million[11] - Total cash inflow from operating activities reached ¥6,560,575,865.28, while cash outflow was ¥5,707,190,943.69, resulting in a net increase of ¥853,384,921.59[30] - Cash inflow from other operating activities was ¥373,707,294.57, compared to ¥97,514,182.90 in Q1 2021, showing growth in operational cash receipts[30] - The net cash flow from financing activities was ¥2,226,370,040.96, a significant increase from ¥930,093,694.64 in the same period last year[31] Assets and Liabilities - The company's total assets increased by 12.51% to ¥50,107,179,857.17 from ¥44,533,907,483.44 at the end of the previous year[4] - The total liabilities increased to CNY 29,351,983,798.17 from CNY 24,146,159,179.04, marking a rise of about 21.5%[25] - The company's total equity rose to CNY 20,755,196,059.00 from CNY 20,387,748,304.40, an increase of about 1.8%[25] - The total non-current liabilities increased to CNY 11,447,895,587.64 from CNY 9,240,548,485.39, reflecting a growth of about 24.0%[25] Operational Costs and Investments - Operating costs increased to CNY 5.81 billion, up from CNY 2.16 billion, driven by significant growth in battery shipments due to new capacity release[10] - R&D expenses rose to CNY 406.36 million, compared to CNY 213.27 million, reflecting increased investment in lithium battery development and a growing R&D team of over 2,000[10] - The company reported a decrease in investment income to CNY 216.87 million from CNY 387.31 million, impacted by stricter pandemic control measures affecting a subsidiary's production[10] - Cash flow from investing activities worsened to CNY -3.70 billion, a 168.56% decline compared to CNY -1.38 billion in the prior period, due to investments in production line construction[11] Strategic Partnerships and Projects - The company has strengthened supply chain management and established strategic partnerships with upstream suppliers to ensure stable raw material supply and reduce procurement costs[8] - The company has signed a strategic cooperation framework agreement with StoreDot Ltd. for the production of ultra-fast rechargeable batteries, with the latest agreement effective until December 31, 2024[16] - The company has a partnership with Daimler AG to supply lithium-ion battery components until December 31, 2027, with ongoing cooperation[16] - The company has established a strategic cooperation relationship with the Chengdu Economic and Technological Development Zone for a 50GWh energy storage battery project[18] - The company plans to invest 30.521 billion yuan in the construction of a 152.61GWh energy storage battery industrial park in Jingmen City, with approximately 3,000 acres of land to be acquired[17] Shareholder Information - The total number of ordinary shareholders reached 167,310, with the largest shareholder holding 31.99% of the shares[12] - The total number of restricted shares at the end of the reporting period is 59,046,923 shares, with 1,056,463 shares released during the period[15] - Liu Jianhua has 14,681,920 restricted shares, with an increase of 4,743 shares this period[14] - Yuan Zhongzhi's restricted shares decreased to 9,016,046 after 1,005,349 shares were released[14] Future Plans and Developments - The company is actively pursuing the development of new energy ship technology in collaboration with Shanghai Hanshun Shipping Co., Ltd.[16] - The company plans to establish a power battery manufacturing plant in Hungary as part of its expansion strategy[20] - The company has initiated an employee stock ownership plan with a total funding cap of 180 million RMB, involving up to 3,300 participants[20] - The company approved a share repurchase plan with a total fund of no less than 150 million RMB and no more than 300 million RMB, with a maximum repurchase price of 129.00 RMB per share[21]