首创环保(600008) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue rose by 19.66% to CNY 2,117,061,438.50 year-on-year[6] - Net profit attributable to shareholders decreased by 17.83% to CNY 86,205,480.47 compared to the same period last year[6] - Basic earnings per share decreased by 17.89% to CNY 0.0179[6] - The weighted average return on equity decreased by 0.47 percentage points to 0.69%[6] - Total operating revenue for Q1 2018 was CNY 2,117,061,438.50, an increase of 19.66% compared to CNY 1,769,222,261.66 in the same period last year[37] - Total operating costs for Q1 2018 were CNY 2,002,850,141.77, up 17.06% from CNY 1,709,410,473.88 in Q1 2017[37] - Net profit for Q1 2018 was CNY 121,062,118.49, a slight decrease of 1.77% from CNY 123,273,479.55 in Q1 2017[38] - The profit attributable to shareholders of the parent company was CNY 86,205,480.47, down 17.93% from CNY 104,913,340.36 in the previous year[38] - Other comprehensive income after tax for Q1 2018 was CNY 95,251,447.22, down 40.66% from CNY 160,650,535.32 in the same period last year[38] - The total comprehensive income for Q1 2018 was CNY 216,313,565.71, down 23.73% from CNY 283,924,014.87 in Q1 2017[38] Assets and Liabilities - Total assets increased by 4.13% to CNY 53,098,393,196.65 compared to the end of the previous year[6] - Accounts receivable decreased by 68.16% to ¥12,123,621.48 from ¥38,072,082.58 due to the acceptance of matured notes[11] - Long-term prepaid expenses rose by 98.02% to ¥49,744,948.00 from ¥25,120,596.48, attributed to financing fees incurred[12] - Non-current liabilities rose to ¥17,550,236,609.23 from ¥15,494,036,349.19, an increase of about 13.3%[30] - Current liabilities decreased slightly to ¥18,045,314,389.59 from ¥18,366,109,316.02, a decline of approximately 1.8%[29] - The company's total liabilities increased to ¥35,595,550,998.82 from ¥33,860,145,665.21, representing a growth of about 5.1%[30] - Owner's equity totaled ¥17,502,842,197.83, up from ¥17,134,162,732.48, indicating an increase of approximately 2.1%[30] Cash Flow - Net cash flow from operating activities increased by 51.83% to CNY 20,198,406.93[6] - Operating cash inflow totaled CNY 2,532,352,529.59, an increase from CNY 2,076,154,022.73 in the previous period, reflecting a growth of approximately 22%[42] - Cash inflow from operating activities included CNY 2,354,653,487.28 from sales of goods and services, an increase from CNY 1,924,375,971.90[42] - Total cash outflow from operating activities was CNY 2,512,154,122.66, compared to CNY 2,062,850,977.34 in the previous period[42] - Cash inflow from financing activities was CNY 6,663,764,000.67, up from CNY 3,541,628,245.18, indicating a growth of approximately 88%[43] - The net cash flow from financing activities was CNY 2,916,232,906.32, compared to CNY 368,286,399.79 in the previous period, showing a substantial increase[43] - The ending cash and cash equivalents balance was CNY 4,870,577,805.96, up from CNY 3,117,109,996.69 in the previous period[43] Investments and Projects - The company plans to invest approximately ¥20,846.94 million in the Hefei Changgang Wastewater Treatment Plant PPP project, with a daily capacity of 40,000 tons[16] - The company will invest about ¥48,217 million in the Tianjin rural sewage treatment project, with a focus on environmental technology[17] - The investment in the Jianle County rural sewage treatment PPP project was adjusted to ¥11,176 million, reducing the number of administrative villages served from 95 to 61[18] - The company has invested approximately RMB 34,809 million in the PPP project for municipal water supply in Quanzhou, holding a 79.6% stake in the newly established Quanzhou Shouchuang Water Co., Ltd. with a registered capital of RMB 10,000 million[19] - The company has submitted a bid for an integrated waste treatment project in Jiangxi Province with a total investment of approximately RMB 32.995 million, with a guaranteed waste volume of 160 tons per day[23] Shareholder Information - The total number of shareholders reached 273,956 at the end of the reporting period[9] - The largest shareholder, Beijing Capital Group Co., Ltd., holds 54.32% of the shares[9] Tax and Expenses - Tax expenses increased by 177.27% to ¥45,118,736.89 from ¥16,272,458.16, mainly due to the implementation of a new water resource tax[13] - The company experienced a significant increase in tax expenses, which rose to CNY 53,120,431.56 from CNY 39,581,989.03, marking a 34.16% increase[37] Financing Activities - The company approved a non-public offering of A-shares with a total fundraising amount not exceeding RMB 268,963.40 million, down from the previous RMB 411,274.40 million[20] - The company has secured a credit facility of RMB 1.3 billion from China Postal Savings Bank for one year[20] - The company plans to use RMB 35,000 million of idle raised funds to temporarily supplement working capital, with a usage period not exceeding twelve months[21] - The company has provided guarantees for financing lease business amounting to RMB 33,200 million for its subsidiaries in Huainan and Luohe[22]