城发环境(000885) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥734,164,827.59, representing a 286.28% increase compared to ¥190,062,010.34 in the same period last year[10] - The net profit attributable to shareholders was ¥193,876,015.36, a significant turnaround from a loss of ¥100,921,602.08 in Q1 2020, marking a 291.39% increase[10] - The net cash flow from operating activities reached ¥99,200,244.93, a remarkable increase of 1,652.04% from a negative cash flow of ¥6,007,140.13 in the previous year[10] - Basic earnings per share were ¥0.3020, compared to a loss of ¥0.2033 per share in the same quarter last year, reflecting a 259.45% improvement[10] - Operating profit for the current period was ¥268,015,270.27, compared to a loss of ¥94,294,096.80 in the previous period, indicating a turnaround in profitability[66] - Net profit for the current period was ¥201,261,215.76, recovering from a net loss of ¥100,300,416.67 in the previous period[66] Assets and Liabilities - The total assets at the end of the reporting period were ¥14,321,824,703.94, up 6.16% from ¥13,299,211,681.63 at the end of the previous year[10] - The total assets increased to ¥6,955,077,463.67 from ¥5,852,267,077.84, reflecting a growth of approximately 18.8%[58] - Total liabilities amounted to CNY 8,839,783,451.08, up from CNY 8,188,358,542.64, reflecting an increase of about 7.9%[48] - Total liabilities rose to ¥2,707,317,162.57, up from ¥1,599,231,985.73, marking an increase of about 69.3%[58] - The company's total equity rose to CNY 5,482,041,252.86 from CNY 5,302,391,385.69, indicating an increase of approximately 3.4%[51] Cash Flow - The total cash inflow from operating activities was ¥561,315,248.40, compared to ¥253,310,620.19 in the previous period, reflecting an increase of approximately 121.5%[81] - The net cash flow from financing activities was ¥957,449,762.46, compared to ¥594,154,101.30 in the previous period, showing an increase of approximately 61.1%[84] - The net cash flow from operating activities was -6,898,178.22, compared to -2,547,126.87 in the previous period, indicating a decline in operational cash flow[85] - Cash inflow from financing activities reached 2,196,272,599.64, up from 873,936,789.23 in the previous period, reflecting increased financing efforts[88] Shareholder Information - The top shareholder, Henan Investment Group Co., Ltd., holds 56.47% of the shares, with a total of 362,579,146 shares[15] - The company did not engage in any repurchase transactions among the top shareholders during the reporting period[19] Government Support - The company received government subsidies amounting to ¥1,272,923.33 during the reporting period[10] Investments and Financing - The company issued short-term financing bonds totaling ¥1,975,223,414.53, a 133.80% increase from ¥844,847,927.03 in the previous period[23] - Long-term equity investments increased by 149.91% to ¥89,550,323.61 from ¥35,832,779.68, due to capital contributions to joint ventures[23] Other Financial Metrics - Research and development expenses were reported, although specific figures were not detailed in the provided data[63] - The company reported a significant increase in other income, amounting to ¥443,469.30, compared to ¥100,769.27 in the previous period[66] - Interest expenses for the current period were ¥7,530,739.63, up from ¥3,336,393.46 in the previous period, representing an increase of approximately 125.8%[70] Mergers and Acquisitions - The company plans to merge with Tsinghua Environment through a share swap and raise supporting funds, with ongoing uncertainties[27]