中原环保(000544) - 2017 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2017 was ¥219,678,316.50, a decrease of 4.70% compared to ¥230,502,882.77 in the same period last year[8] - Net profit attributable to shareholders was ¥56,879,594.78, representing an increase of 2.74% from ¥55,364,483.71 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥40,527,323.46, a significant increase of 10.39% compared to a loss of ¥1,240,734.72 in the same period last year[8] - Basic earnings per share were ¥0.09, down 10.00% from ¥0.10 in the same period last year[8] Cash Flow and Assets - The net cash flow from operating activities was -¥40,215,032.53, showing an improvement of 9.82% from -¥44,593,152.75 in the previous year[8] - Total assets at the end of the reporting period were ¥6,158,002,356.86, a decrease of 0.73% from ¥6,203,327,119.41 at the end of the previous year[8] - Net assets attributable to shareholders increased by 1.10% to ¥5,238,015,276.23 from ¥5,181,135,681.45 at the end of the previous year[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,873[12] - The largest shareholder, Zhengzhou Public Utilities Investment Development Group Co., Ltd., held 68.73% of the shares, totaling 446,570,099 shares[12] Receivables and Inventory - Accounts receivable increased by 47.75% to ¥324,648,517.98, primarily due to an increase in sewage treatment fees[17] - Inventory decreased by 72.67% to ¥7,426,342.42, mainly due to the consumption of heating coal from the previous period[17] Project and Asset Investments - Construction in progress rose by 43.90% to ¥148,411,091.31, attributed to investments made by the subsidiary Mingang Water in line with project progress[17] - Other non-current assets increased by 69.07% to ¥3,647,419.36, primarily due to an increase in prepaid project payments[17] - Prepayments decreased by 92.05% to ¥2,854,380.10, as the heating fees collected in advance for the 2016-2017 heating season were fully recognized as revenue[17] Expenses - Tax expenses increased by 106.96% to ¥7,859,272.07, mainly due to the reclassification of certain taxes into this category and an increase in water volume[17] - Management expenses decreased by 44.80% to ¥11,366,924.28, as certain taxes were reclassified from management expenses to tax expenses[17] - Financial expenses decreased by 56.86% to ¥6,483,674.24, due to a reduction in loans and corresponding interest expenses[17] - Income tax expenses decreased by 79.70% to ¥732,958.60, primarily due to a reduction in sewage treatment volume at the Wang Xinzhuang Water subsidiary[17] Government Subsidies - The company received government subsidies amounting to ¥16,656,274.86 during the reporting period[9]