清新环境(002573) - 2014 Q1 - 季度财报

Financial Performance - Revenue for the first quarter reached ¥192,036,858.28, an increase of 60.59% compared to ¥119,583,706.08 in the same period last year[5] - Net profit attributable to shareholders was ¥50,488,559.49, up 65.87% from ¥30,437,986.39 year-on-year[5] - Net profit after deducting non-recurring gains and losses was ¥50,442,090.99, reflecting a 68.66% increase from ¥29,908,360.60 in the previous year[5] - The company's main business profit for the reporting period was ¥55,772,100, an increase of 68.57% compared to the same period last year[12] - The weighted average return on net assets was 2.24%, up from 1.41% in the previous year[5] - The expected net profit attributable to shareholders for the first half of 2014 is projected to be between 124.33 million yuan and 140.91 million yuan, representing a year-on-year increase of 50% to 70%[21] - The increase in net profit is attributed to stable operations of new desulfurization projects and increased profits from EPC projects compared to the previous year[21] Cash Flow - Operating cash flow net amount decreased by 70.98% to ¥17,394,863.61 from ¥59,943,033.32 in the same period last year[5] - The net cash flow from operating activities for the first quarter of 2014 was 17.39 million yuan, a decrease of 70.98% compared to the same period last year, primarily due to increased procurement from EPC construction and franchise operations, along with rising employee compensation[15] - The net cash flow from investing activities for the first quarter of 2014 was -82.56 million yuan, an increase of 38.34% year-on-year, mainly due to reduced investment in BOT projects as previous projects were in their initial stages[15] - The net cash flow from financing activities for the first quarter of 2014 was 164.98 million yuan, an increase of 1523.62% compared to the same period last year, primarily due to new borrowings from the subsidiary in Chifeng[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,908,828,446.85, a 6.96% increase from ¥3,654,308,708.04 at the end of the previous year[5] - The company's expected liabilities increased by 80.79% to ¥7,988,000 due to new completed projects and corresponding warranty deposits[11] Shareholder Information - The number of shareholders at the end of the reporting period was 61,224[7] Business Developments - The company signed a BOT contract with Chongqing Datang International Shizhu Power Generation Co., Ltd. in January 2014, which includes investment, design, construction, operation, and maintenance of desulfurization facilities, with revenue from desulfurization services[16] - In January 2014, the company established a wholly-owned subsidiary in Poland to expand its international market presence, which is now operating normally[16] - The company terminated its bond issuance plan in February 2014 due to high comprehensive financing costs resulting from changes in market interest rates and supply-demand conditions[17] Taxation - The company reported a 58.48% increase in business tax and additional fees to ¥1,342,900, driven by revenue growth[13]