清新环境(002573) - 2018 Q1 - 季度财报(更新)

Financial Performance - The company's operating revenue for Q1 2018 was ¥1,013,900,862.10, representing a 50.77% increase compared to ¥672,467,292.43 in the same period last year[8] - Net profit attributable to shareholders was ¥116,344,036.54, up 22.30% from ¥95,129,107.01 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥116,233,840.50, reflecting a 28.34% increase from ¥90,569,360.23 in the previous year[8] - The basic earnings per share increased by 20.20% to ¥0.1065 from ¥0.0886 in the same period last year[8] - Total operating revenue for Q1 2018 reached CNY 1,013,900,862.10, a significant increase of 50.9% compared to CNY 672,467,292.43 in the same period last year[47] - The total profit for the period was CNY 164,246,461.26, representing a 44% increase from CNY 113,900,890.36 in the previous year[48] - The gross profit margin improved to 36.4% in Q1 2018, compared to 32.8% in Q1 2017[51] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥84,967,139.46, a significant decrease of 602.53% compared to ¥16,907,819.16 in the previous year[8] - Cash and cash equivalents decreased by 65.99% due to the repayment of due short-term financing[15] - Cash flow from operating activities was CNY 704,475,805.18, significantly higher than CNY 436,202,658.17 in the same period last year[54] - The net cash flow from operating activities was -84,967,139.46 CNY, compared to 16,907,819.16 CNY in the previous period, indicating a significant decline[55] - The ending cash and cash equivalents balance was 270,641,441.85 CNY, down from 368,959,817.64 CNY in the previous period[56] - The company’s cash and cash equivalents decreased by 649,522,742.47 CNY during the period, compared to a decrease of 835,554,945.22 CNY in the previous period[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,432,457,024.50, down 1.77% from ¥12,655,944,688.29 at the end of the previous year[8] - The total liabilities decreased to CNY 7,650,758,213.05 from CNY 8,012,357,843.82, a reduction of 4.5%[41] - The company's total assets decreased to CNY 12,432,457,024.50 from CNY 12,655,944,688.29, a decline of 1.8%[42] - Short-term borrowings increased significantly to CNY 1,730,999,800.00 from CNY 1,198,499,800.00, representing a rise of 44.4%[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 93,035[11] - The largest shareholder, Beijing Century Dihua Holdings Co., Ltd., held 45.09% of the shares, with 369,370,400 shares pledged[11] - The company’s management has committed to not reducing their shareholdings for six months following the completion of their stock purchase[30] - The company has adhered to all commitments made regarding shareholding and stock options[30] - Company executives plan to increase their holdings in the company within three months, reflecting confidence in its stable development[26] Investments and Future Plans - The company plans to establish a joint venture in Guizhou with a total investment of RMB 100 million[16] - A wholly-owned subsidiary is planned to be set up in Xiong'an with an investment of RMB 50 million[17] - The company subscribed to 10,933,400 shares of Beijing Bico Measurement Technology Co., Ltd. for a total investment of RMB 59,040,360[18] - The increase in performance is attributed to the production commencement of the Bouyuan Technology phenolic project, tar hydrogenation, and several new special operating projects[31] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[49] Operational Costs - Operating costs increased by 57.51% due to the production commencement of new projects[15] - Total operating costs for Q1 2018 were CNY 866,736,958.13, up from CNY 577,638,487.70, reflecting a year-over-year increase of 50.1%[47] - Operating expenses, including sales and management costs, totaled CNY 68,803,017.68, which is a 20% increase from CNY 57,376,783.69 in the previous year[48]