TRE(SZ:300332)2015-04-23 16:00Financial Performance - Total revenue for Q1 2015 reached ¥116,317,246.87, representing a 53.71% increase compared to ¥75,673,427.04 in the same period last year[7] - Net profit attributable to shareholders was ¥21,586,698.64, a slight increase of 0.95% from ¥21,383,832.84 year-on-year[7] - The company's operating revenue for Q1 2015 was ¥116,317,246.87, an increase of 53.71% compared to ¥75,673,427.04 in the same period last year[27] - Operating costs rose to ¥72,014,270.03, reflecting an increase of 87.71% from ¥38,363,685.83 year-on-year[28] - The company reported a net cash flow from investment activities of -¥119,826,226.07, a decrease of 387.11% compared to -¥24,599,216.98 last year, mainly due to payments for equity acquisition[30] - The company reported a total comprehensive income attributable to the parent company was CNY 21,586,698.64, compared to CNY 21,383,832.84 in the previous period[67] Cash Flow - The net cash flow from operating activities was -¥22,461,058.11, worsening by 28.74% compared to -¥17,446,921.69 in the previous year[7] - Cash flow from financing activities increased significantly by 1,461.72% to ¥147,457,202.12, driven by a substantial rise in bank borrowings[30] - The cash flow from operating activities showed a net outflow of CNY 22,461,058.11, worsening from a net outflow of CNY 17,446,921.69 in the previous period[74] - The net cash flow from financing activities was 158,340,694.72 yuan, improving from -2,343,673.39 yuan in the previous period[78] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,377,287,727.45, showing a 0.31% increase from ¥2,369,975,710.48 at the end of the previous year[7] - The total liabilities reached CNY 962,329,125.90, a decrease from CNY 977,996,322.47 in the previous period[60] - The company's equity attributable to shareholders rose to CNY 1,404,632,061.92, up from CNY 1,380,970,363.28[60] - The company's non-current assets totaled ¥1,857,339,851.79, up from ¥1,816,841,278.55, indicating an increase of approximately 2.3%[58] Investments and Projects - The company reported a total investment of 12,800 million CNY for acquiring a 26% stake in Xinjiang Xituo Energy Co., Ltd., which was later terminated due to high bidding prices[48] - The Tianhao Laohekou project has a total investment commitment of CNY 60.06 million, with CNY 54.59 million already invested, achieving 100% of the planned investment[46] - The company plans to use 6,800 million CNY of the raised funds for the new Gaojiao dry coke waste heat power management project[48] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,318, with the top shareholder holding 25.02% of the shares[14] - The total number of restricted shares at the end of the period was 98,825,155 shares[19] Operational Risks and Strategies - The company emphasizes the importance of selecting strong cooperative enterprises for its heat recovery power generation projects to mitigate operational risks[10] - The company faces risks related to reliance on partner enterprises for its waste heat power generation business, particularly in high-energy-consuming industries[34] - The company is cautious about entering new industries, ensuring thorough evaluations of investment risks and operational capabilities before proceeding[36] Regulatory and Compliance - The company did not engage in any repurchase transactions during the reporting period[16] - The company has not provided any funds to controlling shareholders or related parties in violation of regulations during the reporting period[53] - The company has committed to not engage in high-risk investments such as securities, derivatives, or venture capital during the reporting period[44]