瀚蓝环境(600323) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 1,134,607,317.29, representing a growth of 20.03% year-on-year[7]. - Net profit attributable to shareholders increased by 133.96% to CNY 308,177,479.33, driven by gains from equity disposal and increased operational income[7]. - Basic earnings per share improved by 135.29% to CNY 0.40[7]. - Operating profit for Q1 2018 was ¥387,784,758.01, up from ¥154,684,361.12 in the same period last year, representing a growth of 150%[25]. - Net profit for Q1 2018 was ¥312,724,903.90, compared to ¥137,587,043.39 in Q1 2017, marking an increase of 127%[25]. - The total profit for Q1 2018 was CNY 255,438,920.28, with a net profit of CNY 226,078,908.63, showing a significant increase compared to the previous period[30]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 14,129,507,285.92, a slight increase of 0.12% compared to the end of the previous year[7]. - Accounts receivable increased by 50.58% to CNY 51,157.25 million due to higher revenues across business segments[12]. - Short-term borrowings increased significantly by 144.44% to CNY 11,000.00 million, reflecting a rise in bank loans[12]. - Current liabilities totaled ¥29.17 billion, a decrease from ¥29.64 billion at the beginning of the year[20]. - Total liabilities increased to ¥4,220,836,818.03 in Q1 2018 from ¥4,117,165,217.73 in Q1 2017, reflecting a rise of 2.5%[23]. - Current assets decreased to ¥776,016,194.68 in Q1 2018 from ¥891,926,151.41 in Q1 2017, a decline of approximately 13%[22]. - Non-current assets increased to ¥8,116,692,798.48 in Q1 2018, compared to ¥7,671,032,332.82 in Q1 2017, indicating a growth of 5.8%[22]. Cash Flow - Cash flow from operating activities showed a decline of 39.34%, totaling CNY 48,674,733.09[7]. - Cash inflow from operating activities amounted to CNY 1,046,600,530.69, up from CNY 907,487,037.30 in the same period last year, indicating a growth of approximately 15.3%[33]. - The net cash flow from operating activities decreased to CNY 48,674,733.09 from CNY 80,243,378.56, reflecting a decline of about 39.4%[33]. - Cash outflow from investing activities was CNY 697,517,077.78, significantly higher than CNY 229,544,101.56 in the previous year, indicating increased investment activity[33]. - The net cash flow from investing activities was negative at CNY -513,391,262.62, compared to CNY -226,802,590.89 in the same period last year[33]. - Cash flow from financing activities generated a net inflow of CNY 175,838,493.68, which is an increase from CNY 86,322,735.83 in the previous year[34]. - The ending cash and cash equivalents balance decreased to CNY 991,805,456.79 from CNY 1,099,252,095.69, a decline of approximately 9.8%[34]. Investments and Expenditures - Cash paid for fixed asset construction increased by 61.05% to ¥292.37 million, driven by expenditures on wastewater treatment plant upgrades[15]. - Cash paid for investment activities amounted to $432.02 million, compared to $87 million in the previous period, highlighting a substantial increase in capital expenditures[36]. - The total cash outflow from investing activities was $553.92 million, significantly higher than $152.27 million in the previous period, suggesting aggressive investment strategies[36]. Tax and Other Income - Other income rose significantly by ¥38.40 million, attributed to reclassification of government subsidies and increased tax refunds[13]. - Cash received from tax refunds increased by 396.57% to ¥22.91 million, reflecting higher VAT refunds[15]. - Income tax expenses increased by 69.33% to ¥75.80 million, largely due to significant profit from the disposal of equity in the Guanyao market[13]. - Non-operating income decreased by 95.65% to ¥0.12 million, primarily due to the reclassification of government subsidies[13]. Future Plans - The company plans to continue expanding its water supply and waste management operations, leveraging recent project launches and tax refunds[7]. - The company signed a supplementary agreement for a BOT project in Xiaogan, increasing the waste processing capacity from 1,050 tons/day to 2,250 tons/day[14].