海峡环保(603817) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 191,045,948.19, representing a growth of 30.95% year-on-year[5] - Net profit attributable to shareholders of the listed company was CNY 32,917,717.14, a decrease of 3.18% compared to the same period last year[5] - Basic earnings per share were CNY 0.0731, a decline of 3.31% compared to the previous year[5] - The company’s diluted earnings per share were CNY 0.0729, a decrease of 2.54% from the previous year[5] - Net profit for Q1 2021 was CNY 39,595,061.64, slightly up from CNY 39,495,198.01 in Q1 2020, indicating a stable profit margin[25] - The company's operating profit for Q1 2021 was CNY 36,013,438.65, an increase from CNY 34,759,512.70 in Q1 2020, reflecting a growth of 3.6%[29] - The total comprehensive income for Q1 2021 was CNY 30,598,266.72, compared to CNY 29,752,439.06 in Q1 2020, indicating an increase of 2.8%[30] Cash Flow - The net cash flow from operating activities was CNY 118,402,371.35, down 53.52% from the previous year[5] - Net cash flow from operating activities decreased by 53.52% to ¥118,402,371.35 in Q1 2021 from ¥254,745,585.16 in Q1 2020, primarily due to reduced cash received from sales and services[13] - Cash inflow from operating activities in Q1 2021 was CNY 237,997,005.16, down from CNY 336,479,063.98 in Q1 2020, a decrease of 29.1%[32] - The company's net cash flow from operating activities for Q1 2021 was 14,718,728.07 RMB, a decrease of 93.24% compared to 217,249,985.07 RMB in Q1 2020[34] - The total cash outflow from operating activities was 122,194,341.57 RMB, compared to 112,985,482.35 RMB in Q1 2020, reflecting an increase of 8.00%[34] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 4,508,549,478.90, a slight increase of 0.03% compared to the end of the previous year[5] - The company's total assets as of March 31, 2021, were ¥4,508,549,478.90, slightly up from ¥4,507,013,052.87 as of December 31, 2020[17] - The company’s total liabilities decreased to ¥1,074,037,706.24 as of March 31, 2021, from ¥1,141,023,179.21 at the end of 2020, indicating improved financial stability[18] - Total liabilities decreased to CNY 1,373,009,982.64 in Q1 2021 from CNY 1,395,230,043.58 in Q4 2020, showing a reduction of 1.6%[23] - Total liabilities reached ¥2,449,980,086.90, with current liabilities at ¥1,141,023,179.21 and non-current liabilities at ¥1,308,956,907.69[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 34,368[8] - The largest shareholder, Fuzhou Water Investment Development Co., Ltd., held 258,970,588 shares, accounting for 57.55% of the total shares[8] Research and Development - R&D expenses rose by 65.96% to ¥2,586,537.93 in Q1 2021 from ¥1,558,518.11 in Q1 2020, reflecting increased investment in research and development[12] - The company reported a research and development expense of CNY 2,586,537.93 in Q1 2021, which is an increase from CNY 1,558,518.11 in Q1 2020, indicating a focus on innovation[25] Government Subsidies - The company received government subsidies amounting to CNY 1,794,021.93, which are included in the current period's profit[7] Financial Stability - The company’s retained earnings increased to CNY 631,500,872.17 in Q1 2021 from CNY 598,583,155.03 in Q4 2020, reflecting a growth of 5.1%[23] - The total equity attributable to shareholders rose to CNY 1,848,594,077.98 in Q1 2021 from CNY 1,815,674,556.55 in Q4 2020, an increase of 1.8%[23] - Total equity amounted to $1,713,926,932.85, reflecting the company's financial strength[44] - Unallocated profits reached $496,835,531.33, indicating retained earnings available for future investments[44] - Surplus reserve was recorded at $65,353,484.74, contributing to the company's financial stability[44] Other Financial Metrics - The weighted average return on equity decreased by 0.17 percentage points to 1.80%[5] - The company reported a significant decrease in other income, down 62.10% to ¥2,006,303.51 in Q1 2021 from ¥5,294,373.83 in Q1 2020, due to reduced tax refund income[12] - The company reported a decrease in investment income, with a loss of CNY 712,259.81 in Q1 2021, compared to a loss of CNY 164,724.05 in Q1 2020[29]