水发燃气(603318) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥56,392,579.93, a decrease of 65.31% year-on-year[6] - Net profit attributable to shareholders was -¥25,617,677.68, representing a decline of 379.77% compared to the same period last year[6] - Basic earnings per share were -¥0.06, a decrease of 400% compared to the previous year[6] - The company's operating revenue for Q1 2019 was RMB 56,392,579.93, a decrease of 65.31% compared to RMB 162,581,150.80 in the same period last year, primarily due to reduced customer demand and project gross margin decline[13] - The net profit attributable to shareholders for Q1 2019 was a loss of RMB 25,617,677.68, a significant decline of 379.77% compared to a profit of RMB 9,156,538.55 in the previous year[13] - Total operating revenue for Q1 2019 was ¥56.39 million, a decrease of 65.3% compared to ¥162.58 million in Q1 2018[28] - Net profit for Q1 2019 was a loss of ¥25.62 million, compared to a profit of ¥9.16 million in Q1 2018, representing a significant decline[29] - Operating profit for Q1 2019 was a loss of ¥25.39 million, compared to a profit of ¥12.22 million in Q1 2018[28] - Total comprehensive income for Q1 2019 was -¥25.91 million, compared to ¥8.60 million in Q1 2018[29] Cash Flow - The net cash flow from operating activities improved to ¥33,420,748.43, a significant increase of 233.89% year-on-year[6] - Cash flow from operating activities showed a net inflow of RMB 33,420,748.43, a turnaround from a net outflow of RMB 24,961,554.12 in the same period last year, mainly due to the return of unexecuted project prepayments[13] - In Q1 2019, the company's operating cash inflow was CNY 237,868,553.93, a significant increase from CNY 124,829,658.11 in Q1 2018, representing a growth of approximately 90.5%[34] - The net cash flow from operating activities was CNY 33,420,748.43, recovering from a negative cash flow of CNY -24,961,554.12 in the same period last year[34] - The parent company reported a net cash flow from operating activities of CNY 120,298,586.16, recovering from a negative cash flow of CNY -19,612,499.87 in the previous year[37] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,158,942,442.85, an increase of 1.77% compared to the previous year[6] - Total liabilities decreased by 34.02% in accounts payable, amounting to RMB 240,635,237.09 compared to RMB 364,691,468.28, due to the use of raised funds for project payments[12] - Current liabilities rose to CNY 1,026,428,393.74, up from CNY 944,795,507.17, reflecting an increase of approximately 8.6%[20] - Total liabilities increased to CNY 1,161,980,465.15 from CNY 1,098,975,460.43, marking a rise of about 5.7%[20] - Shareholders' equity decreased to CNY 996,961,977.70 from CNY 1,022,428,885.28, a decline of approximately 2.5%[20] - The company reported a total equity of CNY 1,005,665,791.48, down from CNY 1,024,608,354.20, reflecting a decrease of about 1.8%[25] Shareholder Information - The total number of shareholders at the end of the reporting period was 10,920[10] - The largest shareholder, Shui Fa Zhong Xing Group Co., Ltd., held 29.99% of the shares[10] - Energas Ltd. held 18.97% of the shares, with 72,750,000 shares pledged[10] Investment and Expenses - Research and development expenses for Q1 2019 were RMB 2,484,749.21, down 48.36% from RMB 4,811,250.29, attributed to limited investment during the initial project phase[13] - Financial expenses for Q1 2019 were ¥12.70 million, down 5% from ¥13.36 million in Q1 2018[28] - The company reported a significant increase in investment income, reaching RMB 1,634,050.58, compared to a loss of RMB 590,335.98 in the previous year, due to new financial management gains[13] - The total cash outflow from investment activities was CNY 247,051,504.24, compared to CNY 20,963,780.28 in Q1 2018, indicating a substantial increase in investment expenditures[35] - The total cash outflow from investment activities for the parent company was CNY 191,581,770.00, compared to CNY 37,912.25 in Q1 2018, indicating a substantial increase in investment spending[37] Other Comprehensive Income - Other comprehensive income showed a decline of 147.98%, resulting in a loss of RMB -95,849.18, primarily due to foreign currency translation differences[12] - Other comprehensive income after tax for Q1 2019 was -¥295,634.65, compared to -¥560,083.77 in Q1 2018[29] Future Outlook - The company anticipates uncertainty regarding performance improvement in the next reporting period, with a warning of potential continued losses[14]