鹏鹞环保(300664) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was CNY 175,182,818.89, representing a 33.06% increase compared to CNY 131,654,527.90 in the same period last year[9] - Net profit attributable to shareholders was CNY 48,805,113.30, a slight increase of 0.47% from CNY 48,576,617.05 year-on-year[9] - Net profit after deducting non-recurring gains and losses was CNY 48,555,549.15, up 1.06% from CNY 48,048,418.63 in the previous year[9] - The basic earnings per share decreased by 10.74% to CNY 0.108 from CNY 0.121 in the same period last year[9] - The weighted average return on equity was 1.81%, down from 2.40% in the previous year[9] - Net profit for Q1 2018 reached ¥2,074,501.51, a recovery from a net loss of ¥4,796,750.91 in the previous year[43] - Operating profit for the quarter was ¥2,217,452.30, contrasting with a loss of ¥5,872,994.78 in Q1 2017[42] Cash Flow - The net cash flow from operating activities was negative at CNY -113,492,749.67, a decline of 601.53% compared to CNY -16,177,920.05 in the same period last year[9] - Cash flow from operating activities showed a net outflow of ¥113,492,749.67, worsening from a net outflow of ¥16,177,920.05 in the same period last year[46] - The total cash inflow from operating activities was ¥172,432,397.74, slightly down from ¥175,961,157.12 in the previous year[46] - The net cash flow from operating activities was -48,653,606.24, compared to -42,707,272.61 in the previous year[50] - The net cash flow from financing activities was 616,938,062.81, a substantial increase from 42,600,974.98 in the prior year[51] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 4,680,273,117.48, an increase of 19.56% from CNY 3,914,530,618.73 at the end of the previous year[9] - The company's total current assets increased to approximately 1.64 billion yuan as of March 31, 2018, compared to approximately 896.38 million yuan at the beginning of the period, reflecting a growth of about 83.0%[30] - Total liabilities amounted to approximately 1.67 billion yuan, slightly up from approximately 1.62 billion yuan, reflecting an increase of about 1.3%[32] - The total assets of the company reached CNY 3,262,378,307.20, an increase from CNY 2,627,367,260.59 year-over-year[36] - The total liabilities decreased to CNY 1,064,118,199.11 from CNY 1,098,498,341.83, indicating a reduction in financial obligations[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 55,395[13] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[16] - The company’s actual controller and shareholders did not fail to fulfill any commitments during the reporting period[21] Investment and Projects - The cumulative amount of raised funds utilized to date is 664.75 million RMB, with a project completion rate of 100% for the Changchun First Water Plant expansion project[23] - The company replaced a total of 464.75 million yuan of self-raised funds with raised funds for investment projects, including 352.72 million yuan for the Changchun First Water Plant expansion and 112.02 million yuan for the Changchun Third Water Plant upgrade[24] - The company obtained a new utility model patent for a new type of membrane fixing device for micro-hole aerators during the reporting period[19] Operational Stability - The company has not experienced any significant changes in its core competitiveness, core technology team, or key technical personnel during the reporting period[19] - There were no significant changes in the top five suppliers or customers during the reporting period[19] - The company has not faced any adverse impacts from important risk factors or major difficulties in operations during the reporting period[19] - The feasibility of the projects funded by raised capital has not undergone any significant changes during the reporting period[23] - The company reported no violations regarding the use of raised funds during the reporting period[25] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[26] Costs and Expenses - Operating costs for Q1 2018 amounted to CNY 116,433,292.30, up from CNY 71,191,301.92, reflecting a significant increase in costs[39] - The company incurred operating costs of ¥114,295,200.54, leading to a gross profit margin of approximately 14%[42] - The financial expenses for Q1 2018 were CNY 16,907,108.20, compared to CNY 15,627,314.04 in the previous year, indicating an increase in financial costs[39] - The company reported a tax expense of ¥560,049.79 for the quarter, compared to a tax benefit of ¥665,593.87 in the previous year[42] Audit and Compliance - The company did not conduct an audit for the first quarter report[52]