Jiangnan Water(SH:601199)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 293,667,210.41, representing a year-on-year increase of 9.02%[3] - The net profit attributable to shareholders for the same period was CNY 73,573,673.95, reflecting a growth of 28.24% compared to the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 74,935,884.14, up by 30.99% year-on-year[3] - The basic earnings per share for Q1 2023 was CNY 0.0787, an increase of 28.38% year-on-year[3] - The weighted average return on equity was 2.09%, an increase of 0.36 percentage points compared to the previous year[3] - The net profit for Q1 2023 was CNY 73,573,673.95, an increase of 28.3% compared to CNY 57,373,181.66 in Q1 2022[18] - Operating profit for Q1 2023 reached CNY 97,936,846.48, up from CNY 78,394,149.99 in the same period last year, reflecting a growth of 24.9%[18] - Total comprehensive income for Q1 2023 was CNY 73,746,282.62, compared to CNY 58,368,543.97 in Q1 2022, indicating an increase of 26.4%[19] - Basic earnings per share for Q1 2023 were CNY 0.0787, up from CNY 0.0613 in Q1 2022, representing a growth of 28.5%[19] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 40.46%, amounting to CNY 38,774,506.02, primarily due to increased tax payments compared to the previous year[6] - Cash flow from operating activities generated a net amount of CNY 38,774,506.02, down 40.5% from CNY 65,125,917.57 in Q1 2022[21] - The cash flow from investing activities showed a net outflow of CNY 63,961,419.25, an improvement from a net outflow of CNY 211,303,995.75 in Q1 2022[22] - The cash and cash equivalents at the end of Q1 2023 were CNY 657,852,454.96, down from CNY 824,283,267.35 at the end of Q1 2022[22] - The ending cash and cash equivalents balance was 254,111,978.02, down from 381,314,339.56 a year earlier[31] - In Q1 2023, the net cash flow from operating activities was -16,550,497.66, a significant decline compared to 51,720,465.51 in Q1 2022[30] - Total cash inflow from operating activities was 141,260,105.47, slightly up from 141,082,506.18 in the same period last year[30] - Cash outflow from operating activities increased to 157,810,603.13 from 89,362,040.67, indicating higher operational costs[30] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,780,599,484.14, a decrease of 1.25% from the end of the previous year[4] - Total assets as of March 31, 2023, amounted to CNY 5,780,599,484.14, down from CNY 5,853,969,223.58 at the end of 2022, a decrease of 1.2%[15] - Total liabilities decreased to CNY 2,216,096,804.26 from CNY 2,362,926,109.74, reflecting a reduction of 6.2%[15] - Total liabilities decreased from 2,019,651,755.71 to 1,889,918,688.63, a reduction of approximately 6.4%[26] - The company's equity attributable to shareholders increased by 2.10% to CNY 3,564,502,679.88 compared to the end of the previous year[4] - The company's equity attributable to shareholders increased to CNY 3,564,502,679.88 from CNY 3,491,043,113.84, an increase of 2.1%[15] Operational Costs and Expenses - Total operating costs for Q1 2023 were CNY 206,968,245.02, up from CNY 194,054,016.41 in Q1 2022, reflecting an increase of 6.4%[17] - Research and development expenses increased to CNY 2,140,595.63, compared to CNY 1,112,576.72 in Q1 2022, marking a rise of 92.2%[18] - Research and development expenses increased from 1,112,576.72 to 1,876,810.88, a rise of about 68.7%[28] - The company reported a decrease in financial expenses, with interest expenses at CNY 6,579,944.55, down from CNY 8,190,463.02 in the previous year[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,462[8]