江南水务(601199) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue rose by 38.07% to CNY 192,762,383.34 year-on-year[7] - Net profit attributable to shareholders increased by 53.40% to CNY 45,479,834.50 compared to the same period last year[7] - Basic earnings per share increased by 66.67% to CNY 0.10 compared to the previous year[9] - The weighted average return on equity rose by 0.56 percentage points to 2.05%[7] - Total revenue for Q1 2016 was CNY 192,762,383.34, an increase of 37.9% compared to CNY 139,613,828.86 in the same period last year[31] - Operating profit for Q1 2016 was CNY 18,322,062.56, slightly down by 1.2% from CNY 18,536,496.42 in the same period last year[36] - Net profit for Q1 2016 reached CNY 14,481,420.52, representing a 1.9% increase from CNY 14,208,887.58 in Q1 2015[36] - The total profit for Q1 2016 was CNY 18,790,155.52, slightly up from CNY 18,610,809.02 in the same period last year[36] Cash Flow - Cash flow from operating activities surged by 767.54% to CNY 90,141,256.75 year-on-year[7] - Cash flow from operating activities for Q1 2016 was CNY 238,797,498.69, an increase from CNY 184,226,303.64 in the previous year, showing a growth of 29.6%[38] - The net cash flow from operating activities for Q1 2016 was ¥90,141,256.75, a significant increase from ¥10,390,407.97 in the previous year, representing a growth of approximately 769%[39] - The company’s cash flow from operating activities showed a strong performance, with total inflows of ¥111,239,028.40 against outflows of ¥84,150,584.31, resulting in a healthy operating cash flow margin[41] Assets and Liabilities - Total assets increased by 22.44% to CNY 4,365,089,499.70 compared to the end of the previous year[7] - The company’s total liabilities increased significantly due to the issuance of convertible bonds, with bonds payable reaching ¥613,234,483.74[15] - Total liabilities rose to CNY 2,023,938,537.82, up from CNY 1,365,372,306.79, marking an increase of 48.3%[26] - Owner's equity reached CNY 2,341,150,961.88, up from CNY 2,199,697,925.86, reflecting an increase of 6.4%[26] - Total current assets reached ¥2,367,279,414.92, up from ¥1,626,279,390.06, indicating a rise of 45.5%[24] - Non-current liabilities increased significantly to CNY 892,070,787.14 from CNY 223,561,516.74, a rise of 299.5%[26] Shareholder Information - The total number of shareholders reached 25,221 by the end of the reporting period[10] - Jiangyin Urban and Rural Water Supply Co., Ltd. holds 35.19% of the shares, making it the largest shareholder[10] - The company implemented a capital reserve conversion to increase its share capital, resulting in a total share capital of 467,600,000 shares[7] Investment Activities - Investment income decreased by 73.70% to ¥1,555,215.51 from ¥5,913,252.53 year-on-year, as the company did not generate any financial investment income during the period[16] - The total cash outflow for investment activities was ¥374,797,692.19, compared to ¥101,881,259.63 in the previous year, indicating a substantial increase in investment expenditures[42] - The company raised ¥742,400,000.00 through financing activities, leading to a net cash flow from financing activities of ¥742,261,114.00 after accounting for outflows[40] Cost Management - The company reported a 40.48% increase in operating costs, amounting to ¥97,237,119.72, attributed to higher costs associated with municipal engineering services[16] - The company experienced a decrease in management expenses, which were CNY 15,540,672.39 in Q1 2016, down from CNY 17,270,702.85 in the previous year, indicating improved cost management[35]