天壕能源(300332) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was CNY 394,185,461.60, an increase of 12.89% compared to CNY 349,189,803.81 in the same period last year[7] - Net profit attributable to shareholders was CNY -16,311,501.34, a decrease of 678.16% from CNY 2,821,257.11 in the previous year[7] - The company's consolidated revenue for the reporting period reached 394.19 million, representing a year-on-year growth of 12.89% driven by the gas and water service sectors[27] - The net profit attributable to the parent company was -16.31 million, primarily impacted by increased financial and depreciation expenses[27] - The net profit for the period was a loss of CNY 24,468,575.75, compared to a profit of CNY 1,311,095.39 in the same period last year[54] - Total comprehensive income for Q1 2018 was a loss of CNY 18,627,161.85, compared to a profit of CNY 127,698.96 in the previous year[58] Cash Flow - Net cash flow from operating activities reached CNY 73,500,582.52, a significant increase of 1,066.78% compared to CNY 6,299,456.53 in the same period last year[7] - Cash flow from operating activities generated a net inflow of CNY 73,500,582.52, significantly up from CNY 6,299,456.53 in the previous year[61] - Cash flow from investing activities resulted in a net outflow of CNY 70,780,420.78, an improvement from a net outflow of CNY 319,731,171.48 in the previous year[62] - Cash flow from financing activities showed a net outflow of CNY 179,827,062.90, compared to a net inflow of CNY 133,632,598.40 in the same period last year[62] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,017,512,254.33, down 3.98% from CNY 8,349,959,929.02 at the end of the previous year[7] - Cash and cash equivalents decreased by 41.78% from the previous year, amounting to 320,602,856.46 RMB[21] - Total current assets decreased from ¥2,348,622,552.85 to ¥2,110,201,417.60, a decline of about 10.1%[45] - Total liabilities decreased from ¥4,679,588,215.84 to ¥4,372,148,375.85, a reduction of approximately 6.5%[47] - The company's total assets decreased from ¥8,349,959,929.02 to ¥8,017,512,254.33, reflecting a decline of about 4%[48] Shareholder Information - Total number of common shareholders at the end of the reporting period is 35,245[15] - The largest shareholder, Tianhao Investment Group, holds 19.25% of shares, totaling 171,126,166 shares, with 6,466,166 shares pledged[15] - The actual controller of Tianhao Investment Group is Mr. Chen Zuotao, who, together with his holdings, controls a total of 22.93% of the company's shares[16] Operational Highlights - The company is focused on mergers and acquisitions in the energy-saving and environmental protection sectors to enhance competitive advantages[10] - The company plans to expand into new energy-related fields while carefully assessing investment risks and strengthening team capabilities[13] - The company signed new energy-saving and environmental protection project orders worth 12.06 million during the reporting period[27] - The company has increased investments in pipeline construction to support future growth in the gas sector[27] Risks and Challenges - The company faces risks related to natural gas pricing adjustments that could impact performance due to reliance on government pricing mechanisms[9] - Seasonal characteristics in the water treatment industry may lead to fluctuations in financial results, with project revenues concentrated in the second half of the year[9] Other Financial Metrics - Financial expenses rose to 40.08 million, a 67.40% increase due to expanded financing scale[23] - Investment income surged to 0.30 million, reflecting a 483.91% increase due to reduced losses from equity investments and increased returns from cash management products[23] - The company incurred financial expenses of CNY 26,535,025.59, an increase from CNY 17,544,968.90 in the previous year[57]