荣晟环保(603165) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 10.35% to CNY 428,009,579.62 compared to the same period last year[7] - Net profit attributable to shareholders decreased by 38.07% to CNY 60,028,376.58 compared to the same period last year[7] - Basic earnings per share decreased by 43.37% to CNY 0.47 compared to the same period last year[7] - The weighted average return on net assets decreased by 8.27 percentage points to 5.50% compared to the same period last year[7] - Operating profit for Q1 2018 was RMB 66,277,162.62, down 42.4% from RMB 112,162,342.21 in the previous period[23] - Net profit for Q1 2018 was RMB 60,028,376.58, a decline of 38.3% compared to RMB 97,253,720.11 in the previous period[23] - Operating profit decreased to CNY 60,029,189.84, a decline of 34.3% from CNY 91,249,965.34 year-over-year[24] - Net profit for Q1 2018 was CNY 53,994,811.49, down 40.4% from CNY 90,343,945.86 in Q1 2017[24] Assets and Liabilities - Total assets increased by 1.07% to CNY 1,378,880,664.25 compared to the end of the previous year[7] - Total liabilities decreased from ¥305,579,879.52 to ¥255,898,637.58, reflecting a reduction in current liabilities[17] - Total assets at the end of Q1 2018 amounted to RMB 1,333,015,112.93, an increase from RMB 1,322,514,802.45 at the beginning of the year[21] - Current assets totaled RMB 724,871,479.51, slightly up from RMB 720,449,745.85 at the start of the year[20] - Total liabilities decreased to RMB 249,643,853.02 from RMB 296,583,642.03, a reduction of 15.8%[21] - Owner's equity increased to RMB 1,083,371,259.91 from RMB 1,025,931,160.42, reflecting a growth of 5.6%[21] Cash Flow - Net cash flow from operating activities improved by 222.39% to CNY 42,246,266.66 compared to the same period last year[7] - Cash flow from operating activities increased to CNY 42,246,266.66, compared to a negative cash flow of CNY 34,517,715.57 in the previous year[27] - The company received CNY 31,709,462.72 in tax refunds, significantly higher than CNY 10,149,400.00 in the previous year[26] - Total cash inflow from investment activities was CNY 49,471,797.21, compared to CNY 34,075.76 in the same period last year[27] - The net cash flow from financing activities was CNY 100,427,508.78, compared to CNY 100,427,508.78 in the previous year[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,083[10] - The largest shareholder, Feng Ronghua, holds 47.33% of the shares, totaling 60,841,245 shares[10] Other Financial Metrics - Non-recurring gains and losses included government subsidies of CNY 760,749.10 related to normal business operations[7] - Other income reached ¥32,262,410.99, marking a 100% increase due to government subsidies[12] - Sales expenses decreased by 31.08% to ¥8,542,848.83, mainly due to reduced shipping costs[12] - The company reported a financial cost of RMB -124,065.50, a significant improvement compared to RMB 1,891,866.63 in the previous period[22] - The company expects a net profit of approximately ¥120 million to ¥130 million for the year, impacted by production downtime and a decrease in product sales prices[13] Inventory and Receivables - Inventory decreased to RMB 46,975,933.57 from RMB 58,019,359.70, reflecting a reduction of 19.1%[20] - Other receivables decreased by 78.64% to ¥135,070.87 primarily due to the recovery of land deposits[12] - Prepayments increased by 318.66% to ¥14,563,907.35 due to increased advance payments for raw materials[12] Investment Activities - Investment income rose by 57.84% to ¥2,989,535.84, driven by increased investment returns from subsidiaries[12] - The company has ongoing investments in new technologies and market expansion strategies, although specific figures were not disclosed in the report[22]