联泰环保(603797) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 231,036,688.05, representing a year-on-year increase of 27.69%[5] - The net profit attributable to shareholders for the same period was CNY 68,120,281.96, reflecting a growth of 22.13% compared to the previous year[5] - The company reported a total revenue of RMB 260,517,371 for Q1 2022, representing a 44.60% increase compared to the previous period[10] - Net profit for Q1 2022 was CNY 72,853,515.60, a 26.8% increase from CNY 57,434,593.63 in Q1 2021[20] - Operating profit for Q1 2022 was CNY 84,731,086.38, compared to CNY 69,969,267.87 in Q1 2021, reflecting a growth of 21.1%[19] - Total operating costs for Q1 2022 were CNY 146,446,451.04, up from CNY 113,285,202.50 in Q1 2021, representing a 29.3% increase[19] Cash Flow - The net cash flow from operating activities was negative at CNY -93,614,066.13, a significant decline of 299.84% year-on-year[5] - In Q1 2022, the cash inflow from operating activities was $131,936,425.92, an increase from $115,488,995.88 in Q1 2021, representing a growth of approximately 14.5%[23] - The net cash flow from operating activities turned negative at -$93,614,066.13 in Q1 2022, compared to a positive $46,843,398.57 in Q1 2021[23] - Cash outflow from investing activities was $125,001,184.27 in Q1 2022, significantly lower than $775,744,685.80 in Q1 2021, indicating a reduction of approximately 83.9%[24] - The net cash flow from investing activities was -$123,501,184.27 in Q1 2022, compared to -$743,720,450.05 in Q1 2021, showing a decrease of about 83.4%[24] - Cash inflow from financing activities was $522,150,000.00 in Q1 2022, down from $1,168,898,500.00 in Q1 2021, a decline of approximately 55.3%[24] - The net cash flow from financing activities was $264,607,070.82 in Q1 2022, compared to $793,754,591.68 in Q1 2021, reflecting a decrease of about 66.7%[24] - The ending cash and cash equivalents balance increased to $940,695,627.48 in Q1 2022 from $503,347,437.18 in Q1 2021, marking an increase of approximately 86.7%[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 10,068,950,279.01, an increase of 3.14% from the end of the previous year[6] - The company's total assets as of Q1 2022 amounted to CNY 10,068,950,279.01, an increase from CNY 9,762,198,639.35 in the previous year[17] - Total liabilities for Q1 2022 were CNY 7,039,860,239.10, up from CNY 6,769,107,401.84 in Q1 2021[17] - The company's equity attributable to shareholders was CNY 2,735,527,054.83, compared to CNY 2,704,261,486.07 in Q1 2021, showing a slight increase[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,366[9] - The company has repurchased a total of 5,840,696 shares, accounting for 1% of the total share capital, with a total expenditure of RMB 37,907,395.36[14] - The company's actual controllers are Huang Zhendai and his children, holding a combined 56.84% of the shares, ensuring stable governance[11] Operational Highlights - The company has successfully launched multiple wastewater treatment projects, including the rural sewage treatment project in Chaonan District, which commenced commercial operations on January 1, 2022[12] - Accounts receivable increased by 71.63% compared to the end of the previous year, primarily due to delayed payments from newly launched projects[7] - Operating costs rose by 41.26% year-on-year, mainly due to increased amortization expenses from new operational projects[7] - The company's inventory increased to RMB 8,223,938.97 from RMB 5,445,018.54, reflecting a growth in stock levels[15] - The company’s prepayments rose to RMB 5,821,346.56 from RMB 3,543,938.36, indicating increased advance payments for goods or services[15] - The company reported a credit impairment loss of CNY -1,684,357.60 in Q1 2022, indicating a potential area of concern[19] Research and Development - Research and development expenses for Q1 2022 were CNY 261,165.50, slightly up from CNY 249,352.38 in Q1 2021[19]