伟明环保(603568) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 47.37% to CNY 177,755,047.02 year-on-year[6] - Operating revenue grew by 52.56% to CNY 322,073,755.31 compared to the same period last year[6] - Basic and diluted earnings per share increased by 44.44% to CNY 0.26[6] - The company reported a significant increase in cash and cash equivalents, decreasing from ¥541,726,876.95 to ¥400,014,475.22, a decline of 26.1%[24] - Net profit for Q1 2018 was ¥177,755,047.02, representing a 47.3% increase from ¥120,619,211.31 in Q1 2017[34] - The total comprehensive income for Q1 2018 was ¥177,755,047.02, up from ¥120,619,211.31 in Q1 2017, reflecting a growth of 47.3%[34] - The company recorded a total profit of ¥199,317,614.21 for Q1 2018, compared to ¥135,519,797.58 in the previous year, marking a 47% increase[33] Cash Flow - The net cash flow from operating activities increased by 55.29% to CNY 39,079,272.05 year-on-year[6] - Net cash flow from operating activities for Q1 2018 was ¥39,079,272.05, a 55.29% increase from ¥25,165,336.98 in Q1 2017, reflecting improved operational performance and sales growth[14] - Cash inflow from operating activities totaled ¥283,592,664.48, an increase of 39% from ¥204,178,870.99 in the previous period[40] - Cash outflow for purchasing goods and services was ¥97,295,630.47, a significant increase from ¥45,308,718.99 in the prior period[40] - Net cash flow from financing activities decreased by 31.99% to ¥56,325,848.17 in Q1 2018 from ¥82,816,457.28 in Q1 2017, mainly due to the absence of equity incentive funds received in the previous year[14] - Net cash flow from financing activities was ¥56,325,848.17, a decrease of 32% from ¥82,816,457.28 year-over-year[41] Assets and Liabilities - Total assets increased by 5.39% to CNY 4,143,627,545.28 compared to the end of the previous year[6] - Current assets totaled ¥1,169,628,343.28, slightly up from ¥1,154,461,005.04, indicating a 1.3% increase[24] - Total liabilities decreased to ¥1,650,336,370.47 from ¥1,619,109,486.60, a reduction of approximately 1.9%[26] - Current liabilities decreased to ¥370,260,712.55 from ¥461,522,097.78, a decline of 19.8%[25] - Long-term borrowings increased to ¥362,603,977.00 from ¥301,479,982.00, representing a rise of 20.3%[26] - Shareholders' equity rose to ¥2,493,291,174.81 from ¥2,312,685,558.61, an increase of 7.8%[26] Revenue and Costs - Operating costs for Q1 2018 were ¥107,702,081.94, up 58.15% from ¥68,102,628.04 in Q1 2017, mainly attributed to the operational costs of the Cangnan Weiming project and increased sales[13] - Total operating costs amounted to ¥149,708,420.98, up 43.3% from ¥104,480,478.56 year-over-year[32] - Total operating revenue for Q1 2018 reached ¥322,073,755.31, a significant increase of 52.7% compared to ¥211,110,939.98 in the same period last year[32] Investments and Projects - Investment income rose by 110.44% to ¥1,329,972.59 in Q1 2018 from ¥632,000.00 in Q1 2017, driven by an increase in financial products[13] - The company signed a supplementary agreement for the Cangnan municipal waste incineration project, expanding its capacity to process 750 tons of waste per day[15] - A new project in Zijin County for waste incineration with a capacity of 1,500 tons per day was initiated, with a corresponding operating company established[16] - The company established a new subsidiary, Zhonghuan Smart Environment Co., Ltd., to enhance its operational capabilities[20] - The company completed the registration of a wholly-owned subsidiary, Cangnan Yucang Weiming Environmental Energy Co., Ltd., focusing on waste incineration and management[20] Accounts and Receivables - Accounts receivable rose by 36.25% to CNY 330,713,459.97 due to increased revenue recognition[11] - Inventory increased to ¥99,313,004.40 from ¥80,935,098.82, reflecting a growth of 22.6%[24] - Total cash inflow from sales of goods and services was ¥251,076,097.13, compared to ¥171,784,081.35 in the prior period, reflecting a 46% increase[39]