江南水务(601199) - 2015 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 19.39% to CNY 29,648,508.75 year-on-year[6] - Operating revenue rose by 13.38% to CNY 139,613,828.86 compared to the same period last year[6] - Basic earnings per share increased by 18.18% to CNY 0.13[6] - The weighted average return on equity improved by 0.15 percentage points to 1.49%[6] - Total operating revenue for Q1 2015 was CNY 139,613,828.86, an increase of 13.4% compared to CNY 123,137,734.99 in the same period last year[33] - Net profit for Q1 2015 reached CNY 29,648,508.75, representing a 19.5% increase from CNY 24,833,435.68 in Q1 2014[34] - The total comprehensive income for Q1 2015 was CNY 29,648,508.75, compared to CNY 24,833,435.68 in the previous year, reflecting an increase of 19.00%[35] Cash Flow - Net cash flow from operating activities decreased significantly by 85.54% to CNY 10,390,407.97[6] - Cash flow from operating activities for Q1 2015 was CNY 10,390,407.97, down 85.54% from CNY 71,861,345.16 in Q1 2014[41] - Net cash flow from operating activities rose to $25,129,138.82 compared to $14,375,291.03 in the previous period, marking an increase of about 74.8%[44] - Cash inflow from investment activities decreased significantly to $34,773,605.78 from $224,076,322.65, a decline of approximately 84.5%[45] - Total cash flow decreased by $61,078,515.03 compared to an increase of $22,366,020.75 in the prior period[45] Assets and Liabilities - Total assets increased by 0.51% to CNY 3,391,449,806.92 compared to the end of the previous year[6] - As of March 31, 2015, the total assets of Jiangsu Jiangnan Water Co., Ltd. amounted to CNY 3,391,449,806.92, an increase from CNY 3,374,241,429.42 at the beginning of the year[25] - The company's cash and cash equivalents decreased to CNY 1,113,709,088.46 from CNY 1,139,696,581.96 at the beginning of the year, reflecting a decline of approximately 2.5%[25] - Total liabilities as of March 31, 2015, were CNY 861,570,671.55, down from CNY 890,445,984.32 at the start of the year[31] - The total current liabilities decreased slightly to CNY 1,221,589,826.56 from CNY 1,240,061,321.72, a decline of about 1.5%[26] Shareholder Information - The total number of shareholders reached 11,632 at the end of the reporting period[10] - The largest shareholder, Jiangyin Urban and Rural Water Supply Co., Ltd., holds 34.96% of the shares[11] - Jiangyin Public Asset Management Co., Ltd. is the second-largest shareholder with a 23.18% stake[11] Investments and Projects - Investment income surged by 96.55% to CNY 5,913,252.53, driven by increased earnings from joint ventures[16] - The company plans to issue convertible bonds totaling up to CNY 760 million for the Qishan emergency water source project, pending shareholder approval[18] - The company has received approval from the Jiangsu Provincial State-owned Assets Supervision and Administration Commission for the issuance of the convertible bonds[18] - The company plans to complete the construction of a new office building by the end of 2015, which was delayed due to local planning adjustments[21] Employee and Tax Information - The company's employee compensation payable decreased by 35.01% to CNY 29,779,034.91, as the company paid out last year's year-end bonuses[14] - Tax payable decreased by 42.64% to CNY 27,846,394.01, reflecting the payment of last year's income tax[14] Impairment and Expenses - The company reported an asset impairment loss of CNY 4,036,362.55, a significant increase compared to the previous year's gain, due to the impairment of fixed assets[16] - The company recorded an increase in asset impairment losses to CNY 4,261,362.55 in Q1 2015, compared to a reversal of CNY 215,944.99 in Q1 2014[37] - The financial expenses for Q1 2015 were CNY -3,953,703.51, compared to CNY -3,608,961.16 in the previous year, indicating a slight increase in financial costs[37]