Chongqing Water(SH:601158)2014-04-28 16:00Financial Performance - Operating revenue for the first quarter reached CNY 1,027,328,176.38, a 21.19% increase year-on-year[10] - Net profit attributable to shareholders decreased by 23.59% to CNY 291,318,234.07 compared to the same period last year[10] - Basic and diluted earnings per share both decreased by 25.00% to CNY 0.06[10] - Total operating revenue for the current period reached ¥1,027,328,176.38, an increase of 21.2% compared to ¥847,685,059.31 in the previous period[29] - Net profit for the current period was ¥290,763,036.95, a decrease of 23.8% from ¥381,512,673.71 in the previous period[30] - Earnings per share (EPS) for the current period was ¥0.06, down from ¥0.08 in the previous period[30] - The company reported a comprehensive income total of ¥289,850,572.81, compared to ¥368,147,109.72 in the previous period, a decrease of 21.2%[30] Assets and Liabilities - Total assets increased by 4.82% to CNY 20,840,824,668.53 compared to the end of the previous year[10] - The company's total liabilities increased to CNY 7,513,052,533.34 from CNY 6,844,084,104.05, representing a rise of about 9.77%[23] - The total equity attributable to shareholders rose to CNY 13,318,498,853.61 from CNY 13,028,162,085.14, indicating an increase of approximately 2.22%[23] - Cash and cash equivalents decreased to CNY 4,486,918,096.81 from CNY 4,744,660,417.66, a decline of about 5.45%[21] - The company's current assets totaled CNY 6,726,453,741.42, up from CNY 5,862,715,075.94, marking an increase of about 14.69%[21] - Non-current assets amounted to CNY 14,114,370,927.11, slightly up from CNY 14,019,359,591.95, reflecting a growth of approximately 0.68%[22] - The total liabilities to equity ratio increased to approximately 0.56 from 0.52, indicating a higher leverage position[23] Cash Flow - Net cash flow from operating activities increased by 32.24% to CNY 670,758,668.86[10] - Cash flow from operating activities generated a net amount of ¥670,758,668.86, an increase of 32.3% compared to ¥507,214,409.93 in the prior period[35] - Cash inflow from investment activities totaled ¥944,432,102.42, significantly higher than ¥14,696,872.68 in the previous period[35] - The net cash flow from investment activities was -718,370,920.42 RMB, worsening from -379,954,970.77 RMB in the previous period[39] - Cash inflow from financing activities was 1,485,750,000.00 RMB, unchanged from the previous period[39] - The net cash flow from financing activities was -95,296,181.08 RMB, a significant decrease from 1,464,597,995.77 RMB in the previous period[39] Shareholder Information - The total number of shareholders reached 78,838[13] - The largest shareholder, Chongqing Water Asset Management Co., Ltd., holds 75.10% of the shares[13] - The second-largest shareholder, Chongqing Suyu Industrial Development Co., Ltd., holds 13.44% of the shares[13] Investments and Projects - The company signed a contract to transfer 23.86% of its stake in Chongqing Trust, receiving a deposit of CNY 601 million, pending regulatory approval[16] - A new joint venture, Chongqing Caitong Water Co., Ltd., was established with an investment of CNY 10 million, where the company holds a 30% stake[18] - The company's long-term investments in equity remained stable at CNY 3,810,239,449.51, down slightly from CNY 3,816,347,475.84[22] Other Financial Metrics - The weighted average return on equity decreased by 0.82 percentage points to 2.21%[10] - Investment income for the current period was ¥19,774,452.54, down from ¥26,164,296.35 in the previous period, a decline of 24.5%[30] - Operating tax and additional charges increased by 62.64% to CNY 11,274,619.34, driven by higher engineering construction revenue[15]