江南水务(601199) - 2014 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased slightly by 0.18% to CNY 24,833,435.68[9] - Operating revenue rose by 8.75% to CNY 123,137,734.99 compared to the same period last year[9] - The company reported a net profit of CNY 23,662,441.35 after deducting non-recurring gains and losses, an increase of 8.92% year-on-year[9] - The company reported a net profit of CNY 30,240,533.94 for Q1 2014, compared to CNY 33,582,461.05 in Q1 2013, reflecting a decrease of 10.4%[26] - Net profit for Q1 2014 was CNY 15,986,405.97, down 11.7% from CNY 18,102,940.19 in Q1 2013[30] - Operating profit decreased to CNY 21,453,071.83, a decline of 14.5% from CNY 25,185,389.98 in the previous year[30] Assets and Liabilities - Total assets increased by 2.42% to CNY 3,093,867,227.47 compared to the end of the previous year[9] - Total liabilities increased to CNY 1,228,004,166.91 from CNY 1,180,143,218.81, representing a rise of 4.1%[21] - Owner's equity totaled CNY 1,865,863,060.56, up from CNY 1,840,710,113.56, indicating an increase of 1.4%[21] - Total non-current assets amounted to CNY 1,684,411,552.81, an increase from CNY 1,667,846,800.26 at the beginning of the year, representing a growth of 1.0%[24] Cash Flow - Net cash flow from operating activities decreased by 21.13% to CNY 71,861,345.16[9] - Cash flow from operating activities generated a net amount of CNY 71,861,345.16, down 21.0% from CNY 91,111,406.36 in Q1 2013[34] - The net cash flow from operating activities was 14,375,291.03, a decrease of 62.2% compared to 37,903,085.94 in the previous year[37] - The company reported a total cash outflow from operating activities of 74,836,573.49, which is an increase from 73,481,197.44 in the previous year[37] Shareholder Information - The number of shareholders reached 21,320, with the top ten shareholders holding a combined 63.08% of the total shares[12][13] - Jiangyin Urban and Rural Water Supply Co., Ltd. is the largest shareholder, holding 34.96% of the shares[12][13] - Basic earnings per share remained stable at CNY 0.11[9] - The basic and diluted earnings per share remained stable at CNY 0.11 for both Q1 2014 and Q1 2013[30] Investment Activities - Investment income increased significantly to ¥3,008,577.51, up 416.18% from ¥582,853.49, primarily due to higher returns from bank wealth management products and equity method recognition of joint venture income[15] - Investment activities resulted in a net cash outflow of CNY 57,961,835.82, compared to a net outflow of CNY 54,590,834.27 in the same period last year[34] - Cash inflow from recovering investments was 120,000,000.00, significantly higher than 40,000,000.00 in the previous year[37] Operational Costs - Total operating costs for Q1 2014 amounted to CNY 92,897,201.05, up 16.6% from CNY 79,646,227.79 in Q1 2013[27] - Sales expenses for Q1 2014 were CNY 14,034,791.77, an increase of 16.2% from CNY 12,084,115.44 in Q1 2013[30] - Management expenses rose to CNY 17,896,112.44, up 6.6% from CNY 16,789,542.86 in the previous year[30] Other Financial Metrics - The weighted average return on net assets decreased by 0.07 percentage points to 1.34%[9] - Cash and cash equivalents at the end of Q1 2014 were CNY 703,866,323.22, compared to CNY 676,104,167.53 at the beginning of the year, showing a growth of 4.1%[23] - Accounts receivable increased to CNY 8,767,808.88 from CNY 5,424,136.24, marking a rise of 61.5%[23] - Inventory decreased to CNY 955,874.71 from CNY 1,053,242.45, a decline of 9.2%[24]