海峡环保(603817) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 8.48% to CNY 24,286,873.62 year-on-year[4] - Net profit after deducting non-recurring gains and losses was CNY 25,502,822.87, up 17.15% year-on-year[5] - Basic earnings per share decreased by 9.55% to CNY 0.0540 compared to the same period last year[5] - The weighted average return on net assets decreased by 0.38 percentage points to 1.70%[5] - Total operating revenue for Q1 2018 was CNY 88,574,280.47, an increase of 2.38% compared to CNY 85,552,195.60 in the same period last year[35] - Net profit for Q1 2018 was CNY 24,280,048.84, up 8.42% from CNY 22,389,176.56 in the previous year[35] - The company's net profit attributable to shareholders for Q1 2018 was ¥24,286,873.62, an increase from ¥22,389,203.43 in the previous year, representing a growth of approximately 8.5%[37] Revenue and Costs - Revenue for the period increased by 3.53% to CNY 88,574,280.47 compared to the previous year[4] - Total operating costs decreased to CNY 60,602,132.87 from CNY 61,003,242.58, reflecting a reduction of 0.66%[35] - The company incurred a total operating cost of ¥32,846,215.87, which was higher than ¥26,472,104.89 in Q1 2017, representing an increase of approximately 23.5%[40] Cash Flow - Operating cash flow decreased by 29.75% to CNY 31,900,058.44 compared to the same period last year[4] - Net cash flow from investing activities worsened by 30.90% to -¥157,080,395.54 from -¥120,001,975.57, driven by increased capital expenditures on fixed assets and equity purchases[19] - Net cash flow from financing activities decreased by 18.74% to ¥178,076,353.16 from ¥219,153,625.60, reflecting a reduction in cash generated from financing activities compared to the previous year[19] - The net cash flow from operating activities was ¥31,900,058.44, down from ¥45,412,542.48 in the previous year, showing a decrease of about 29.7%[43] - The net cash flow from investing activities was -¥157,080,395.54, compared to -¥120,001,975.57 in the same period last year, reflecting an increase in cash outflow[44] - The net cash flow from financing activities was CNY 60,340,699.48, a decrease of 71.6% compared to CNY 212,046,501.30 last year[47] Assets and Liabilities - Total assets increased by 11.90% to CNY 2,247,519,525.93 compared to the end of the previous year[4] - Total liabilities increased to CNY 600,278,082.52 from CNY 409,523,699.01, representing a growth of 46.5%[31] - Cash and cash equivalents increased by 48.44% to ¥166,538,835.53 from ¥112,194,401.47, primarily due to increased borrowings and government subsidies received[14] - Other current assets rose by 35.96% to ¥10,972,704.08 from ¥8,070,265.00, mainly due to an increase in deductible VAT input tax[14] - The total equity attributable to shareholders reached CNY 1,337,997,232.52, up from CNY 1,319,462,614.15, indicating a growth of 1.42%[31] Shareholder Information - The total number of shareholders reached 44,368 by the end of the reporting period[10] - The largest shareholder, Fuzhou Water Investment Development Co., Ltd., holds 57.55% of the shares[10] Government Support - Government subsidies recognized in the current period amounted to CNY 545,469.98[6] Employee Compensation - Employee compensation payable decreased by 48.33% to ¥7,540,380.00 from ¥14,594,116.33, as the company paid off previously outstanding short-term salaries[14] Strategic Developments - The company signed agreements for the transfer of equity in two subsidiaries, indicating ongoing strategic expansion efforts[20]