首创环保(600008) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was RMB 4,342,277,478.70, a decrease of 8.06% compared to the same period last year[4] - Net profit attributable to shareholders was RMB 324,264,116.35, an increase of 3.26% year-on-year[4] - The net profit for Q1 2023 was approximately ¥429.89 million, a slight increase from ¥424.55 million in Q1 2022, representing a growth of 0.8%[19] - The total profit for Q1 2023 was approximately ¥570.41 million, up from ¥556.92 million in Q1 2022, reflecting an increase of 2.5%[19] - Net profit for Q1 2023 reached ¥93,156,680.10, compared to ¥90,482,996.82 in Q1 2022, reflecting an increase of 2.7%[26] - Total comprehensive income attributable to the parent company's owners decreased to ¥301.55 million from ¥329.18 million, reflecting a decline of 8.1% year-over-year[20] - Total comprehensive income for Q1 2023 was approximately ¥93.16 million, compared to ¥90.48 million in Q1 2022, reflecting a slight increase[27] Cash Flow - The net cash flow from operating activities was RMB -250,249,026.35, indicating a significant cash outflow[4] - Cash flow from operating activities showed a net outflow of approximately ¥250.25 million, an improvement from a net outflow of ¥606.47 million in the same period last year[21] - Cash inflow from operating activities was ¥123.88 million, down from ¥148.31 million in the same period last year, indicating a decrease of about 16.5%[28] - Net cash flow from operating activities was -¥139.73 million, worsening from -¥123.08 million year-over-year[28] - Cash inflow from financing activities totaled approximately ¥5.42 billion, down from ¥6.55 billion in Q1 2022, marking a decrease of 17.3%[22] - Cash inflow from financing activities was ¥6.21 billion, up from ¥3.46 billion in Q1 2022, representing an increase of about 79.5%[29] - Net cash flow from financing activities was ¥648.16 million, a significant recovery from -¥1.27 billion in the same quarter last year[29] - The ending balance of cash and cash equivalents was ¥1.35 billion, down from ¥3.36 billion at the beginning of the year[29] Assets and Liabilities - Total assets at the end of Q1 2023 were RMB 105,656,706,094.02, a slight increase of 0.74% from the end of the previous year[5] - Total assets increased to ¥105,656,706,094.02 as of March 31, 2023, compared to ¥104,883,239,925.47 at the end of 2022, marking a growth of 0.74%[16] - Total liabilities decreased to ¥65,349,131,350.01 in Q1 2023 from ¥66,384,494,952.64 at the end of 2022, a reduction of 1.57%[16] - Total liabilities decreased to ¥21,498,045,847.47 from ¥23,524,259,435.99, representing a reduction of 8.6%[24] - Current assets increased to ¥16,254,734,193.64 from ¥15,696,065,435.80, marking a growth of 3.5%[24] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 6.23% to RMB 29,024,032,801.62 compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to ¥29,024,032,801.62 in Q1 2023, up from ¥27,322,480,677.33 at the end of 2022, reflecting a growth of 6.22%[16] Expenses - Total operating costs for Q1 2023 were ¥3,784,624,819.28, down 9.71% from ¥4,191,373,849.17 in Q1 2022[18] - Research and development expenses increased to ¥44,208,639.01 in Q1 2023, compared to ¥41,255,011.89 in Q1 2022, reflecting a growth of 7.09%[18] - Research and development expenses for Q1 2023 were ¥1,869,084.87, significantly lower than ¥10,681,996.36 in Q1 2022, a decrease of 82.5%[26] Borrowings and Investments - The company reported a significant increase of 139.83% in short-term borrowings due to new borrowings by the company and its subsidiaries[7] - Short-term borrowings surged to ¥1,726,849,919.90 in Q1 2023, compared to ¥720,030,669.91 at the end of 2022, an increase of 139.93%[15] - Investment income decreased by 253.81% as there was no investment income from long-term equity investments this period[7] - Cash inflow from investment activities totaled ¥655.78 million, significantly lower than ¥2.80 billion in Q1 2022, a decrease of approximately 76.6%[28] - Net cash flow from investment activities was -¥695.66 million, an improvement from -¥1.24 billion in the previous year[29] Government Support - The company received government subsidies amounting to RMB 20,582,158.51, contributing positively to its financial performance[6]