重庆水务(601158) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,617,545,850.64, representing a year-on-year increase of 10.85%[4] - The net profit attributable to shareholders for Q1 2022 was CNY 386,447,223.24, showing a decrease of 32.03% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 353,933,290.18, which increased by 5.91% year-on-year[4] - Basic earnings per share for Q1 2022 were CNY 0.08, down 33.33% year-on-year[5] - The diluted earnings per share were also CNY 0.08, representing a decrease of 33.33% compared to the same period last year[5] - Total operating revenue for Q1 2022 was ¥1,617,545,850.64, an increase of 10.87% compared to ¥1,459,166,739.08 in Q1 2021[19] - Net profit for Q1 2022 was ¥387,231,057.70, a decrease of 32.03% from ¥568,960,595.13 in Q1 2021[20] - Basic earnings per share for Q1 2022 was ¥0.08, down from ¥0.12 in Q1 2021[21] - Total comprehensive income for Q1 2022 was ¥399,826,684.03, down from ¥539,271,557.98 in Q1 2021[21] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 432,088,280.68, reflecting an increase of 8.56% compared to the previous year[4] - The net cash flow from operating activities was $432,088,280.68, an increase of 8.5% compared to $398,015,702.87 in the previous period[23] - Cash inflow from operating activities in Q1 2022 was ¥1,916,065,794.98, compared to ¥1,865,179,718.19 in Q1 2021, reflecting a growth of 2.74%[22] - The company reported cash and cash equivalents of RMB 3,063.698 million, up from RMB 2,664.260 million at the end of 2021, indicating improved liquidity[15] - The ending balance of cash and cash equivalents was $3,034,624,785.98, compared to $2,977,840,548.19 at the end of the previous period[24] - Cash inflow from investment activities was $507,583,805.32, a substantial increase from $204,306,880.62[23] - Cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was $556,545,366.84, down from $1,357,711,143.02[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 29,353,334,651.60, an increase of 0.37% from the end of the previous year[5] - As of March 31, 2022, the company's total current assets amounted to RMB 6,002.585 million, a slight decrease from RMB 6,047.406 million at the end of 2021[16] - The company's total non-current assets increased to RMB 23,350.749 million from RMB 23,197.384 million at the end of 2021[16] - Total liabilities decreased to RMB 12,442.138 million from RMB 12,741.062 million at the end of 2021, indicating improved financial stability[17] - The company's total equity increased to RMB 16,911.196 million from RMB 16,503.728 million at the end of 2021, reflecting growth in shareholder value[17] Investments and Acquisitions - The company increased its investment in Zhongzhou Water Holdings by contributing RMB 125.6526 million to maintain a 20% equity stake after the registered capital was raised from RMB 1 billion to RMB 1.5 billion[13] - The company acquired assets from Chongqing Nancheng Water Co., Ltd. for RMB 85.0147 million, expanding its water supply services in several districts with a designed capacity of 50,000 cubic meters per day[14] - The company established a drainage network company with Yangtze Ecological Environmental Group, investing RMB 1 billion, holding a 60% stake, and has contributed RMB 6 million as of the reporting date[14] Operational Efficiency - Accounts receivable decreased significantly to RMB 326.048 million from RMB 1,197.158 million, suggesting improved collection efficiency[15] - The cash flow from operating activities showed a positive trend, indicating improved operational efficiency[23] - Research and development expenses for Q1 2022 were ¥393,977.31, an increase from ¥322,337.29 in Q1 2021[19] - Other income for Q1 2022 was ¥22,080,756.44, compared to ¥18,334,635.76 in Q1 2021, indicating a growth of 20.06%[19] - The company reported a decrease in investment income to ¥29,031,698.02 in Q1 2022 from ¥39,569,534.06 in Q1 2021[19] - The company’s tax expenses for Q1 2022 were ¥71,302,288.42, compared to ¥88,894,278.22 in Q1 2021, a decrease of 19.73%[20]