创业环保(600874) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased to RMB 10,947.8 million, down 8.19% compared to the same period last year[6]. - Operating income for the period was RMB 49,294.1 million, reflecting a slight increase of 1.00% year-on-year[6]. - The weighted average return on equity decreased to 2.08%, down 0.44 percentage points from the previous year[6]. - Total revenue for Q1 2018 was CNY 492,941,000, a slight increase from CNY 488,071,000 in the previous year, representing a growth of 0.4%[27]. - Net profit for Q1 2018 was CNY 113,090,000, down from CNY 124,571,000, reflecting a decrease of 9.9% year-over-year[28]. - Operating profit increased to CNY 81,820 thousand, up 30% from CNY 62,833 thousand year-over-year[31]. - Net profit for the period was CNY 60,872 thousand, slightly up from CNY 60,164 thousand, representing a 1.2% increase[31]. Cash Flow - Cash flow from operating activities showed a significant decline, resulting in a net cash outflow of RMB -7,768.0 million, a decrease of 188.23% compared to the previous year[6]. - Operating cash flow turned negative at CNY -7,768 thousand, a decrease of 188.23% from CNY 8,804 thousand in the same period last year[14]. - Cash flow from operating activities showed a net outflow of CNY -77,680 thousand, compared to a net inflow of CNY 88,044 thousand in the previous year[34]. - Cash inflow from operating activities totaled CNY 378,054 thousand, down 26% from CNY 510,380 thousand in the previous year[34]. - Total cash outflow from operating activities was CNY 455,734 thousand, an increase of 8% from CNY 422,336 thousand year-over-year[34]. - Cash flow from investing activities resulted in a net outflow of CNY -742,401 thousand, compared to CNY -155,202 thousand in the same period last year[35]. - Cash flow from financing activities generated a net inflow of CNY 769,187 thousand, significantly up from CNY 64,997 thousand in the previous year[35]. Assets and Liabilities - Total assets increased to RMB 1,339,327.5 million, up 7.55% from the end of the previous year[6]. - Total assets increased to CNY 13,393,275 thousand, up from CNY 12,452,890 thousand, representing a growth of 7.56%[20]. - Total liabilities reached CNY 5,782,857,000, up from CNY 5,077,355,000, marking an increase of 13.9%[26]. - The company's total equity increased to CNY 4,460,061,000 from CNY 4,399,189,000, a growth of 1.4%[26]. - The total non-current liabilities amounted to CNY 3,482,908,000, an increase from CNY 2,986,110,000, indicating a rise of 16.6%[26]. Shareholder Information - The number of shareholders reached 118,346, with the largest shareholder holding 50.14% of the shares[10]. - The minority interest increased by 110.38%, reaching CNY 62,429 thousand from CNY 29,674 thousand, primarily due to the increase in minority shareholders' equity[21]. Other Financial Metrics - The company recorded a government subsidy of RMB 268.0 million, contributing to non-operating income[7]. - Goodwill increased to RMB 3,003 million due to the acquisition of a controlling interest in a subsidiary[12]. - Other receivables decreased by 32.85% to RMB 6,293 million, primarily due to the recovery of bid guarantees[12]. - Short-term borrowings rose to CNY 699,000 thousand, an increase of 40.08% compared to CNY 499,000 thousand in the previous period[21]. - Long-term borrowings increased significantly by 95.80%, reaching CNY 1,138,644 thousand from CNY 581,517 thousand[21]. - Sales expenses decreased by 48.50%, down to CNY 155 thousand from CNY 301 thousand, attributed to reduced business volume and workforce[20]. - The company reported a decrease in sales revenue from services, with cash received from sales dropping to CNY 264,219 thousand from CNY 308,922 thousand year-over-year[33].