瀚蓝环境(600323) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 38.08% to CNY 190,830,341.70 year-on-year[11] - Operating revenue rose by 10.50% to CNY 1,253,796,154.42 compared to the same period last year[11] - Basic earnings per share fell by 37.50% to CNY 0.25 compared to the same period last year[11] - The weighted average return on equity decreased by 2.4 percentage points to 3.22%[11] - The company reported a significant decrease in investment income by 89.11% to ¥960.44, primarily due to last year's gains from equity disposals[19] - Net profit for Q1 2019 was ¥183,195,254.61, a decrease of 41.4% from ¥312,724,903.90 in Q1 2018[43] - Operating profit for Q1 2019 was ¥222,848,152.56, down 42.5% from ¥387,784,758.01 in Q1 2018[43] - Basic earnings per share for Q1 2019 was ¥0.25, compared to ¥0.40 in Q1 2018[46] Assets and Liabilities - Total assets increased by 3.84% to CNY 17,125,284,113.92 compared to the end of the previous year[11] - Total assets increased to ¥10,252,113,516.52 from ¥9,803,754,712.46, representing a growth of approximately 4.57%[36] - Total liabilities rose to ¥5,563,651,584.39 compared to ¥5,137,127,140.33, an increase of about 8.31%[39] - Non-current liabilities totaled ¥3,672,079,495.68, down from ¥3,760,110,983.23, indicating a decrease of approximately 2.34%[39] - Current liabilities increased significantly to ¥1,891,572,088.71 from ¥1,377,016,157.10, reflecting a growth of around 37.24%[39] - Owner's equity reached ¥4,688,461,932.13, slightly up from ¥4,666,627,572.13, showing a marginal increase of about 0.47%[39] - Total liabilities were reported at RMB 10,067,856,394.77, with current liabilities accounting for RMB 3,790,424,893.65[62] Cash Flow - Net cash flow from operating activities decreased by 55.26% to CNY 21,775,843.14 compared to the previous year[11] - Cash received from operating activities increased by 63.42% to ¥11,168.27, attributed to the recovery of receivables[19] - Cash outflow from operating activities totaled CNY 1,148,877,504.34 in Q1 2019, compared to CNY 997,925,797.60 in Q1 2018, indicating an increase of about 15.1%[50] - Cash inflow from financing activities reached CNY 1,002,010,391.00 in Q1 2019, significantly higher than CNY 370,077,522.17 in Q1 2018, representing a growth of approximately 170.2%[50] - Net cash flow from financing activities improved to CNY 678,012,570.14 in Q1 2019, compared to CNY 175,838,493.68 in Q1 2018, an increase of about 285.5%[53] Shareholder Information - The total number of shareholders at the end of the reporting period was 27,031[15] - The largest shareholder, Foshan Nanhai Water Supply Group Co., Ltd., holds 17.98% of the shares[15] Operational Insights - The company has not disclosed any new product developments or market expansion strategies in this report[17] - Accounts receivable increased by 41.10% to ¥584,987,465.96 due to higher revenue and delayed settlements from the Spring Festival[19] - Prepayments rose by 31.94% to ¥364,386,224.08 primarily due to increased payments for solid waste engineering and equipment[19] - Short-term borrowings surged by 167.56% to ¥641,600,000.00 reflecting an increase in bank loans[19] - R&D expenses decreased by 31.60% to ¥1,067.31 due to the completion of some projects and new projects not yet established[19] - Other income fell by 42.35% to ¥2,213.56 as a result of increased input VAT from ongoing construction projects[19] Inventory and Investments - Inventory decreased to ¥45,785,483.21 from ¥46,641,751.33, reflecting a decline of approximately 1.83%[36] - Long-term investments rose to ¥6,886,892,962.03 from ¥6,589,692,962.03, indicating an increase of approximately 4.54%[36] - The company has long-term equity investments valued at RMB 6,589,692,962.03 and fixed assets worth RMB 1,803,988,079.74[69]