BHWI(SZ:000605)2016-04-26 16:00Revenue and Profit - Revenue for the first quarter reached ¥190,148,719.93, an increase of 24.39% compared to ¥152,863,194.85 in the same period last year[7] - Net profit attributable to shareholders was ¥5,971,671.77, up 5.24% from ¥5,674,502.43 year-on-year[7] - Net profit rose by 36.28% to ¥5,882,892.78, attributed to revenue growth outpacing cost increases[14] - The total profit increased by 34.36% to ¥11,034,252.32, reflecting higher revenue growth compared to cost increases[14] - Net profit for Q1 2016 reached 5,882,892.78 CNY, compared to 4,316,777.36 CNY in Q1 2015, marking an increase of about 36.3%[40] - The total profit for Q1 2016 was 11,034,252.32 CNY, up from 8,212,223.09 CNY in the previous year, indicating a growth of approximately 34.5%[40] Cash Flow - Net cash flow from operating activities increased by 18.66% to ¥58,478,976.45 compared to ¥49,282,919.94 in the same period last year[7] - The cash inflow from operating activities in Q1 2016 was 159,416,555.64 CNY, compared to 152,344,067.93 CNY in Q1 2015, showing an increase of about 4.3%[47] - The net cash flow from investment activities was ¥25,689,949.28, a significant recovery from a negative cash flow of ¥67,689,029.14 in the previous year[48] - The total cash outflow from financing activities was ¥120,468,226.38, compared to ¥9,595,546.87 in the same period last year, indicating a substantial increase in financing costs[49] - The company experienced a net cash flow decrease of ¥6,869,352.53 from operating activities in the parent company, compared to a larger decrease of ¥14,503,816.02 in the previous year[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,379,611,746.48, a decrease of 2.57% from ¥2,442,430,194.79 at the end of the previous year[7] - Total liabilities decreased to CNY 1,234,996,941.45 from CNY 1,303,698,298.92, representing a reduction of 5.3%[33] - The equity attributable to shareholders of the parent company increased to CNY 1,009,855,638.15 from CNY 1,003,883,950.00, a slight increase of 0.2%[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,543[10] - The largest shareholder, Tianjin Water Affairs Bureau, holds 29.51% of the shares, totaling 57,549,458 shares[10] - The company did not engage in any repurchase transactions during the reporting period[11] Expenses and Costs - Total operating costs amounted to CNY 179,488,650.08, up from CNY 140,988,786.45, reflecting a year-over-year increase of 27.3%[39] - Financial expenses surged by 1450.96% to ¥6,378,564.93 primarily due to increased loan interest expenses[14] - The company recorded a significant increase in management expenses, which rose to 18,866,738.04 CNY from 16,078,577.17 CNY, representing an increase of approximately 17.3%[40] Investments - The company made an investment of ¥9,000,000.00 in a subsidiary, indicating a strategic expansion[14] - The company has no securities investment during the reporting period[21] - There were no derivative investments reported during the period[22] Government Subsidies and Other Income - The company received government subsidies amounting to ¥1,676,037.94 during the reporting period[8] - Other income rose by 254.73% to ¥1,676,319.12, mainly from government subsidies and VAT refunds[14] Future Outlook - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[39] - The company anticipates potential losses or significant changes in net profit for the first half of 2016, but specific figures are not disclosed[21] Audit and Compliance - The first quarter report was not audited, which may affect the reliability of the financial data presented[54] - There were no violations regarding external guarantees or non-operating fund occupation by major shareholders during the reporting period[25][26]