富春环保(002479) - 2018 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2018 was ¥656,749,738.39, a decrease of 17.20% compared to ¥793,214,357.28 in the same period last year[9] - The net profit attributable to shareholders was ¥46,795,178.71, down 42.21% from ¥80,977,011.93 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥45,365,030.16, reflecting a 42.94% decline compared to ¥79,497,445.93 in the previous year[9] - Basic earnings per share decreased to ¥0.0588, down 42.18% from ¥0.1017 in the previous year[9] - The company's net profit for the first half of 2018 is expected to decrease by 30.00% to 10.00%, ranging from ¥13,896.51 million to ¥17,866.94 million[20] Cash Flow - The net cash flow from operating activities increased significantly to ¥19,977,669.65, a 405.66% improvement from -¥6,535,904.39 in the same quarter last year[9] - Net cash flow from operating activities improved by 405.66% to ¥19,977,669.65, driven by increased cash receipts from sales[17] - The net cash flow from financing activities decreased by 62.40% to ¥47,349,835.92 due to reduced funding needs from new investment projects[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,212,255,237.66, an increase of 2.19% from ¥5,100,389,666.97 at the end of the previous year[9] - The net assets attributable to shareholders increased by 1.61% to ¥2,946,134,579.14 from ¥2,899,339,400.43 at the end of the previous year[9] - Prepayments increased by 81.48% to ¥62,786,683.83 due to an increase in prepayments for new energy goods[17] - Inventory rose by 67.61% to ¥195,369,403.84 primarily due to increased coal stock at the parent company and subsidiaries[17] - The company experienced a 53.83% reduction in asset impairment losses to -¥4,760.93, attributed to timely receivables collection from subsidiaries[17] - The company’s accounts payable to employees decreased by 60.74% to ¥2,788,426.05 due to bonus payments made by subsidiaries[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,783[13] Non-Recurring Items - The company reported non-recurring gains of ¥1,430,148.55, which included government subsidies and other income[10] - Tax and additional charges increased by 115.40% to ¥4,311,181.78 due to the parent company's tax provisions[17] - The company reported a 56.94% decline in non-operating income to ¥4,340,872.74, as waste treatment fees were included in main business income[17] - The company did not have any non-operating fund occupation by controlling shareholders or related parties during the reporting period[22] Return on Equity - The weighted average return on equity was 1.60%, down from 2.80% in the same period last year, a decrease of 1.20%[9]