FIRST QUARTERLY REPORT 2022
April 2022
Stock Code: 000725 Stock Name: BOE-A Announcement No. 2022-039
Stock Code: 200725 Stock Name: BOE-B Announcement No. 2022-039
BOE TECHNOLOGY GROUPCO., LTD.
FIRST QUARTERLY REPORT 2022
BOE Technology Group Co., Ltd. (hereinafter referred to as the “Company”) and all the
members of the Company’s Board of Directors hereby guarantee that the contents of this
Report are true, accurate and complete and free of any misrepresentations, misleading
statements or material omissions.
Important Notes:
The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors, supervisors and
senior management of BOE Technology Group Co., Ltd. (hereinafter referred to as the “Company”) hereby
guarantee the factuality, accuracy and completeness of the contents of this Report and its summary, and shall
be jointly and severally liable for any misrepresentations, misleading statements or material omissions therein.
All the Company’s directors have attended the Board meeting for the review of this Report and its summary.
Mr. Chen Yanshun, the Company’s legal representative, Mr. Liu Xiaodong, President of the Company, Ms.
Sun Yun, the Company’s Chief Financial Officer, and Ms. Yang Xiaoping, head of the Company’s financial
department (equivalent to financial manager) hereby guarantee that the Financial Statements carried in this
Report are factual, accurate and complete.
This Report has been prepared in both Chinese and English. Should there be any discrepancies or
misunderstandings between the two versions, the Chinese version shall prevail.
The financial statements in this Report have not been audited by an independent auditor.
I Key Financial Information
(I) Key Accounting Data and Financial Indicators
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
√ Yes □ No
Reason for any retrospectively adjustment or restatement
Changes of accounting policies
Item Q1 2022 Q1 2021 Change (%)
Before After After
Operating revenue (RMB) 50,475,809,458.00 49,655,379,519.00 50,275,246,475.00 0.40%
Net profit attributable to the listed 4,388,727,184.00 5,182,037,171.00 5,260,529,397.00 -16.57%
company’s shareholders (RMB)
Net profit attributable to the listed
company’s shareholders before exceptional 3,511,402,963.00 4,484,934,082.00 4,563,426,308.00 -23.05%
items (RMB)
Net cash generated from/used in operating 14,755,368,710.00 14,522,832,708.00 14,565,287,236.00 1.31%
activities (RMB)
Basic earnings per share (RMB/share) 0.113 0.147 0.149 -24.16%
Diluted earnings per share (RMB/share) 0.113 0.147 0.149 -24.16%
Weighted average return on equity (%) 3.25% 5.51% 5.59% -2.34%
Item 31 March 2022 31 December 2021 Change (%)
Before After After
Total assets (RMB) 457,064,241,891.00 449,726,980,355.00 450,232,603,405.00 1.52%
Equity attributable to the listed company’s 149,310,730,085.00 142,925,547,899.00 143,086,216,558.00 4.35%
shareholders (RMB)
Reason for accounting policy change and correction of accounting error:
As required by the Q&A on the Implementation of Fixed Assets Standards and the Interpretation of Accounting Standards for
Business Enterprises No. 15 issued by the Ministry of Finance, the Group retrospectively adjusted related items of financial
statements of the beginning of the year and those of the same period of last year. The above changes of accounting policies have
no significant influence on the Company’s financial status and operating results.
(II) Exceptional Gains and Losses
√Applicable □ Not applicable
Unit: RMB
Item Q1 2022 Note
Gain or loss on disposal of non-current assets (inclusive of impairment allowance 231,829.00 N/A
write-offs)
Tax rebates, reductions and exemptions with ultra vires approval or in lack of duly 0.00 N/A
approved document
Government grants through profit or loss (exclusive of government grants continuously
given in the Company’s ordinary course of business at fixed quotas or amounts as per the 1,078,316,948.00 N/A
government’s policies and standards)
Capital occupation charges on non-financial enterprises that are charged to current gains 0.00 N/A
and losses
Income equal t