维尔利(300190) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was CNY 332,896,150.73, an increase of 11.83% compared to CNY 297,673,237.23 in the same period last year[8] - Net profit attributable to shareholders was CNY 47,512,627.70, representing a growth of 42.43% from CNY 33,357,691.12 year-on-year[8] - Basic earnings per share increased by 37.50% to CNY 0.11 from CNY 0.08 in the previous year[8] - The total net profit for the reporting period was CNY 45,969,637.61, an increase of 79.79% compared to the same period last year[28] - Sales revenue from goods and services received cash amounted to CNY 247,314,550.55, representing a 37.36% increase year-on-year[30] - The company's total profit for Q1 2018 was CNY 54,184,908.99, an increase from CNY 31,546,800.13 in the previous year[58] - The total comprehensive income for Q1 2018 was CNY 45,709,415.77, compared to CNY 26,876,323.50 in the same period last year[59] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -91,029,060.60, a significant decline of 862.40% compared to CNY -9,458,534.18 in the same period last year[8] - The cash inflow from operating activities was CNY 260,726,917.51, significantly higher than CNY 191,753,757.62 in the previous period[63] - The net cash flow from operating activities was -109,845,023.01 RMB, compared to -7,035,974.77 RMB in the previous period, indicating a significant decline in operational cash flow[69] - The ending balance of cash and cash equivalents was 446,025,489.52 RMB, down from 1,206,232,363.89 RMB in the previous period, reflecting a decrease in liquidity[70] - The total cash outflow from operating activities was 232,915,300.90 RMB, compared to 153,612,398.70 RMB in the previous period, indicating increased operational expenses[69] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,079,932,757.80, a decrease of 0.97% from CNY 6,139,644,965.50 at the end of the previous year[8] - The total liabilities decreased to CNY 2,291,326,071.09 from CNY 2,396,747,694.56, indicating a reduction of 4.4%[51] - The company's non-current assets totaled CNY 2,717,201,733.25, an increase from CNY 2,616,194,535.65 at the beginning of the year, representing a growth of 3.9%[52] - The accounts receivable increased to CNY 609,963,016.19 from CNY 528,065,506.30, reflecting a growth of 15.5%[53] Shareholder Information - The largest shareholder, Changzhou Dezhe Industrial Investment Co., Ltd., holds 39.98% of shares, totaling 180,817,920 shares, with 129,940,000 shares pledged[17] - The second largest shareholder, China Great Wall Asset Management Co., Ltd., holds 4.07% of shares, totaling 18,400,000 shares[17] - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[18] - The report indicates that there are no related party transactions among the top shareholders[18] - The company has not issued any preferred shares during the reporting period[19] Operational Strategy and Management - The company plans to enhance its technological innovation and service capabilities to maintain a competitive edge in the environmental protection industry[11] - The company is focusing on improving the management of accounts receivable to mitigate risks associated with high balances[11] - The company aims to strengthen project management and execution to ensure timely implementation and economic benefits of projects[13] - The company will enhance financial management and risk control in response to the financial pressures from recent mergers and acquisitions[14] - The company is focusing on project management to control construction and operational costs, aiming to improve project execution efficiency[36] - The company is actively recruiting and training talent to enhance employee engagement and motivation[36] Investment and Growth - The company has made significant investments in various projects, including a total of ¥35,000 million for the acquisition of Hanfeng Technology[40] - The company secured new orders totaling ¥31,889.44 million for waste treatment projects, contributing to revenue growth[33] - The total amount of raised funds is ¥112,256.62 million, with ¥1,900.9 million invested in the current quarter[39] - The cumulative amount of raised funds that have been utilized is ¥60,680.22 million, representing 86.64% of the total raised funds[39] Financial Expenses and Income - Financial expenses increased by 184.82% to CNY 9,962,309.17, mainly due to higher bank loan interest[28] - The investment income for the period was CNY 4,214,346.59, a significant increase of 1380.52% year-on-year[28] - The income tax expense for the period was CNY 8,215,271.38, reflecting a 37.42% increase due to higher profit totals[28] Changes in Share Capital and Dividends - The company plans to distribute a cash dividend of 1 RMB per 10 shares, totaling 45,228,490.60 RMB, and to increase share capital by 361,827,924 shares through capital reserves[43] - The company has terminated its cooperation agreement regarding the Jin Tan water supply and pipeline project, transferring its 49% equity stake for 49 million RMB[41]