Financial Performance - The company's revenue for Q1 2025 reached ¥767,125,792.16, representing a 54.23% increase compared to ¥497,390,298.99 in the same period last year[5] - Net profit attributable to shareholders was ¥172,854,019.19, up 39.41% from ¥123,993,877.03 year-on-year[5] - The basic earnings per share rose by 4.37% to ¥0.3156 from ¥0.3024 in the previous year[5] - For Q1 2025, the company achieved revenue of RMB 767 million, a year-on-year increase of 54.23%[14] - The net profit attributable to shareholders for Q1 2025 was RMB 173 million, reflecting a growth of 39.41% compared to the same period last year[14] - The total comprehensive income for the current period is 237,245,407.60, compared to 154,841,008.95 in the previous period, marking an increase of approximately 53.2%[27] Cash Flow and Investments - The net cash flow from operating activities decreased by 47.97%, amounting to ¥148,108,343.23, compared to ¥284,640,471.45 in the previous year[5] - The net cash outflow from investing activities surged by 239.13% to -¥994,803,414.33, primarily due to the cash payment for the acquisition of Renhe Environment[8] - The company reported an investment cash outflow of 2,946,805,617.22, significantly higher than 469,925,509.16 in the previous period, indicating a substantial increase in investment activities[30] - The company has received cash inflows from investment activities totaling 1,952,002,202.89, a significant rise from 176,583,737.90 in the previous period[30] Assets and Liabilities - Total assets increased by 3.01% to ¥14,464,928,073.11 from ¥14,042,522,669.19 at the end of the previous year[5] - The total liabilities decreased to ¥4,883,055,935.27 from ¥5,441,728,922.13, representing a reduction of 10.3%[23] - The total current assets as of March 31, 2025, were ¥4,553,349,226.38, compared to ¥4,207,067,286.63 at the beginning of the period, indicating a growth of 8.2%[21] - The company's long-term borrowings increased to ¥2,479,936,343.97 from ¥2,403,742,088.53, reflecting a rise of 3.2%[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,589[9] - The largest shareholder, Hunan Junxin Environmental Protection, holds 255,155,217 shares, accounting for 45.27% of total shares[9] - The second-largest shareholder, Hunan Renjing Commercial, holds 31,436,369 shares, representing 5.58%[9] - A total of 81,953,719 voting rights have been entrusted to the actual controller Dai Daoguo by several shareholders[10] - The company has a total of 21,250,000 shares held by the National Green Development Fund, accounting for 3.77%[9] - The company plans to release 21,250,000 shares from lock-up on July 23, 2025, as part of its initial public offering commitments[11] Operational Metrics - The total waste processed in Q1 2025 was 893,800 tons, up 10.54% year-on-year[14] - The waste incineration processing volume reached 893,800 tons, marking a 15.81% increase from the previous year[14] - The electricity generated from waste incineration was 446 million kWh, which is a 33.52% increase year-on-year[14] - The average electricity generated per ton of waste incinerated was 498.88 kWh, up 15.29% from the previous year[14] - The company reported a decrease in sludge processing volume by 4.16% year-on-year, totaling 99,500 tons[14] - The leachate treatment volume decreased by 35.30% year-on-year, amounting to 104,800 tons[14] Management and Expenses - The company’s management expenses increased to 55,728,433.43 from 26,982,267.64 in the previous period, reflecting a rise of about 106.5%[26] - The tax expenses for the current period are 44,563,865.38, up from 21,524,821.93 in the previous period, representing an increase of approximately 106.7%[26] Strategic Developments - The company signed a framework agreement for the Osh City Waste Technology Disposal Project in Kyrgyzstan on March 3, 2025, to promote waste reduction and resource utilization[20] - The company has established a strategic partnership with several investment funds, enhancing its market position and shareholder base[10]
军信股份(301109) - 2025 Q1 - 季度财报