旺能环境(002034) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥873,831,245.32, representing an increase of 11.12% compared to ¥786,404,663.64 in the same period last year[5]. - Net profit attributable to shareholders was ¥200,653,671.40, up 10.62% from ¥181,384,417.20 year-on-year[5]. - Basic earnings per share increased by 11.90% to ¥0.47, compared to ¥0.42 in the same period last year[5]. - Total operating revenue for the current period reached ¥873,831,245.32, an increase of 11.1% compared to ¥786,404,663.64 in the previous period[22]. - Net profit for the current period was ¥202,653,567.54, representing a 17.1% increase from ¥173,140,975.83 in the previous period[23]. - The total comprehensive income attributable to the parent company was ¥200,653,671.40, up from ¥181,384,417.20, reflecting a growth of 10.4%[23]. - The total comprehensive income for the period reached CNY 202,688,995.08, compared to CNY 173,143,565.13 in the previous period, reflecting a significant increase[24]. - Basic earnings per share (EPS) improved to CNY 0.47 from CNY 0.42, while diluted EPS rose to CNY 0.43 from CNY 0.38[24]. Cash Flow and Assets - The net cash flow from operating activities decreased by 16.29% to ¥209,071,975.44, down from ¥249,746,995.05 in the previous year[5]. - Cash flow from operating activities generated a net amount of CNY 209,071,975.44, down from CNY 249,746,995.05 in the previous period[27]. - Cash inflow from operating activities totaled CNY 758,633,607.36, compared to CNY 708,034,727.74 in the prior period, indicating a growth of approximately 7.1%[26]. - Cash outflow from investing activities was CNY 134,327,630.82, significantly lower than CNY 333,098,071.86 in the previous period, showing a reduction of about 59.7%[27]. - The net cash flow from financing activities was negative at CNY -121,153,737.55, worsening from CNY -62,425,368.02 in the prior period[27]. - The ending balance of cash and cash equivalents stood at CNY 561,115,896.40, compared to CNY 334,516,304.48 at the end of the previous period, marking an increase of approximately 67.5%[27]. - The company reported a decrease in cash outflows for operating activities, totaling CNY 549,561,631.92, compared to CNY 458,287,732.69 in the previous period, indicating an increase of approximately 19.9%[27]. - Total assets at the end of the reporting period were ¥14,425,821,995.85, a slight decrease of 0.38% from ¥14,480,477,986.91 at the end of the previous year[5]. - The company's total assets decreased slightly to ¥14,425,821,995.85 from ¥14,480,477,986.91, a decline of 0.4%[20]. Revenue Breakdown - The revenue from household waste disposal was ¥655,696,443.60, accounting for 75.04% of total revenue, with a year-on-year increase of 7.52%[10]. - The revenue from kitchen waste disposal rose by 19.92% to ¥106,576,276.90, representing 12.20% of total revenue[10]. - The company reported a significant increase of 924.35% in revenue from BOT project construction, amounting to ¥26,094,135.38[10]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,171, with the largest shareholder holding 33.12% of the shares[12]. - As of March 31, 2025, the company has repurchased a total of 8,171,100 shares, accounting for 1.88% of the total share capital, with a total transaction amount of RMB 129,982,369[16]. - The company plans to use repurchased shares for employee stock ownership plans or convertible bond conversions, with a repurchase price not exceeding RMB 22.00 per share[15]. Operational Highlights - In Q1 2025, the company achieved a total power generation of 738,743.9 MWh, with an average on-grid electricity price of RMB 0.53 per kWh, and a waste input volume of 2,279,400 tons[15]. - The company has invested in and constructed a total of 22,570 tons of municipal solid waste incineration power generation projects across 9 provinces, with 21 operational plants[14]. - The company increased waste disposal fees at two project companies, raising the fee from RMB 60 to RMB 80 per ton and from RMB 72 to RMB 88 per ton[15]. - The company reported a 28.84% increase in heating supply, reaching 451,700 tons in Q1 2025 compared to 350,600 tons in the same period last year[15]. - The company has 17 operational kitchen waste projects with a total capacity of 2,810 tons, and 3 projects under construction with a total capacity of 710 tons[14]. Liabilities and Equity - Current liabilities totaled ¥2,209,443,008.05, down 6.4% from ¥2,360,375,986.00[20]. - Non-current liabilities decreased to ¥5,252,655,162.45 from ¥5,353,472,497.97, a reduction of 1.9%[20]. - The company's equity attributable to shareholders increased to ¥6,877,368,624.79 from ¥6,682,274,198.52, a rise of 2.9%[20]. Research and Development - Research and development expenses for the current period were ¥30,665,065.58, compared to ¥26,126,289.06, indicating a growth of 17.5%[23]. Credit and Impairment - The company reported a credit impairment loss of ¥-12,260,841.55, worsening from ¥-6,383,341.95 in the previous period[23]. Audit Status - The company has not yet audited the first quarter report, which may impact the reliability of the financial data presented[28].