中原环保(000544) - 2018 Q1 - 季度财报

Revenue and Profitability - Revenue for the first quarter reached ¥257,787,611.10, an increase of 17.35% compared to ¥219,678,316.50 in the same period last year[8] - Net profit attributable to shareholders decreased by 7.74% to ¥52,476,556.42 from ¥56,879,594.78 year-on-year[8] - Net profit excluding non-recurring gains and losses increased by 36.20% to ¥55,197,814.41 from ¥40,527,323.46 in the previous year[8] - The basic earnings per share decreased by 11.11% to ¥0.08 from ¥0.09 year-on-year[8] - The diluted earnings per share also decreased by 11.11% to ¥0.08 from ¥0.09 in the same period last year[8] - The weighted average return on equity was 0.86%, down from 1.09% in the previous year[8] Cash Flow and Assets - Net cash flow from operating activities improved significantly to ¥109,412,086.92, a 372.07% increase from -¥40,215,032.53 in the same period last year[8] - Total assets at the end of the reporting period were ¥7,070,917,667.83, up 4.59% from ¥6,760,883,156.17 at the end of the previous year[8] - Net assets attributable to shareholders increased by 0.96% to ¥5,523,476,290.75 from ¥5,470,999,734.33 at the end of the previous year[8] Liabilities and Expenses - Short-term borrowings increased by 49.75% from 201,000,000 to 301,000,000 due to an increase in bank loans by the parent company[16] - Financial expenses increased by 37.46% from 6,483,674.24 to 8,912,755.11 due to increased loan interest from additional borrowings[16] - Income tax expenses rose dramatically by 867.54% from 732,958.60 to 7,091,682.14 as a result of increased operating income[16] Asset Management - Accounts receivable decreased by 34.21% from 2,280,000 to 1,500,000 due to the redemption of acceptance bills by subsidiaries[16] - Prepayments increased by 30.04% from 16,274,872.98 to 21,164,405.20 primarily due to an increase in advance engineering payments[16] - Inventory decreased significantly by 79.22% from 27,663,621.83 to 5,748,861.17 mainly due to the consumption of heating coal from the previous period[16] Employee Compensation and Impairments - Employee compensation payable decreased by 87.80% from 27,018,231.78 to 3,295,882.04 as the year-end performance bonuses were paid in the current period[16] - Asset impairment losses surged by 284.19% from 3,693,452.92 to 14,189,825.58 due to increased bad debt provisions based on aging analysis[16] Non-Recurring Items - The company reported non-recurring losses totaling ¥2,721,257.99 for the period[9]