Financial Performance - Net profit attributable to shareholders decreased by 2,345.86% from CNY 5,238,970.33 to CNY -117,659,832.94, impacted by a decline in collection volume and increased market competition [11]. - Total operating revenue decreased to RMB 828.72 million from RMB 963.64 million, a decline of approximately 13.95% [19]. - Net profit showed a significant loss of RMB 147.62 million compared to a profit of RMB 2.55 million in the previous period, indicating a substantial decline [20]. - Investment income decreased by 292.01% from CNY 2,275,740.06 to CNY -4,369,664.88, mainly due to a decline in net profits from joint ventures [11]. - The comprehensive income attributable to the parent company was CNY -147,600,820.43, compared to CNY -2,546,506.51 in the previous period [21]. - Basic and diluted earnings per share were both CNY -0.13, a drop of 1,400.00% from the previous year [27]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY -122,860,700.59, a 954.29% decrease compared to CNY -11,653,444.20, reflecting a decline in operational performance [11]. - The net cash flow from operating activities was CNY -122,860,700.59, a significant decrease of 954.29% compared to the previous year [27]. - The cash inflow from operating activities totaled CNY 1,220,968,323.22, an increase from CNY 1,053,352,260.70 in the previous period [22]. - The net cash flow from investing activities was CNY -134,966,263.77, compared to CNY -202,164,995.48 in the previous year [23]. - The net cash flow from financing activities was CNY 416,013,114.89, an increase from CNY 318,038,173.31 in the previous year [23]. Assets and Liabilities - Total current assets increased from CNY 3,026,923,271.51 to CNY 3,307,674,195.63, indicating a growth in liquidity [16]. - Total non-current assets decreased from CNY 4,306,341,813.80 to CNY 4,202,065,657.11, primarily due to depreciation [16]. - Total assets rose to RMB 11.96 billion from RMB 11.71 billion, an increase of approximately 2.1% [18]. - Total liabilities increased to RMB 7.33 billion from RMB 6.93 billion, reflecting a rise of about 5.8% [18]. - The equity attributable to shareholders decreased to RMB 3.94 billion from RMB 4.06 billion, a decline of about 2.8% [18]. Receivables and Payables - Accounts receivable decreased by 79.20% from CNY 16,541,947.42 to CNY 3,439,906.89 due to the maturity of endorsed and discounted notes [5]. - Financing receivables increased by 202.47% from CNY 24,420,525.44 to CNY 73,863,643.39, primarily due to an increase in foreign exchange bills [5]. - Prepayments rose by 87.58% from CNY 149,703,661.79 to CNY 280,818,779.61, attributed to increased advance payments for raw materials [5]. - Contract liabilities increased by 92.22% from CNY 142,285,139.51 to CNY 273,495,985.77, mainly due to advance sales payments received [5]. - The company reported a significant increase in contract liabilities to RMB 273.50 million from RMB 142.29 million, a rise of approximately 92.3% [18]. Governance and Structure - The company has a total of three executive directors and three independent non-executive directors as part of its governance structure [39]. - The board of directors guarantees the authenticity, accuracy, and completeness of the quarterly report, assuming legal responsibility for any misstatements [40]. - The first quarter report has not been audited, indicating a preliminary financial status [38]. - The report does not indicate any significant changes in shareholder structure or major new strategies during the reporting period [41]. - The company has not disclosed any new product developments or technological advancements in the current report [41]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 36,853, with the largest shareholder, Guangdong Guangsheng Holding Group Co., Ltd., holding 22.86% of shares (200,968,294 shares) [29]. - HKSCC Nominees Limited holds 22.76% of shares (200,096,887 shares), making it the second-largest shareholder [29]. - Jiangsu Huihong International Group Co., Ltd. and Jiangsu Huihong Venture Capital Co., Ltd. hold 5.70% (50,087,669 shares) and 2.96% (25,995,038 shares) respectively [29]. Other Financial Metrics - Research and development expenses decreased to RMB 29.49 million from RMB 41.90 million, a reduction of approximately 29.6% [20]. - Long-term borrowings increased to RMB 3.08 billion from RMB 2.58 billion, representing a growth of about 19.5% [18]. - The company's cash and cash equivalents were not explicitly detailed but are critical for assessing liquidity in future operations [18].
东江环保(00895) - 2023 Q1 - 季度业绩