海峡环保(603817) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 252,562,126.63, representing a year-on-year increase of 32.20%[5] - The net profit attributable to shareholders for the same period was CNY 39,805,661.09, reflecting a growth of 20.92% compared to the previous year[5] - The basic earnings per share for Q1 2022 was CNY 0.0884, which is an increase of 20.93% year-on-year[6] - The weighted average return on equity rose to 2.03%, an increase of 0.23 percentage points from the previous year[6] - The company reported a net profit margin improvement, with net profit for Q1 2022 expected to reflect the increase in revenue and controlled costs[18] - Net profit for Q1 2022 was CNY 38,384,494.09, up from CNY 31,135,759.55 in Q1 2021, representing a growth of about 23%[20] - Operating profit for Q1 2022 reached CNY 47,074,531.51, compared to CNY 39,604,365.18 in Q1 2021, indicating an increase of approximately 19%[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 4,997,252,372.10, a slight increase of 1.14% from the end of the previous year[6] - Total current assets amounted to RMB 1,445,129,075.31, compared to RMB 1,361,948,615.31 at the end of 2021, indicating a growth of 6.1%[14] - Total liabilities as of March 31, 2022, were RMB 2,785,943,227.01, a slight increase from RMB 2,767,890,275.81 at the end of 2021[15] - Total equity attributable to shareholders reached RMB 1,977,085,078.44, up from RMB 1,937,151,540.50 at the end of 2021[16] - Non-current assets totaled RMB 3,552,123,296.79, down from RMB 3,578,738,434.65 at the end of 2021[14] - The total assets as of Q1 2022 amounted to CNY 3,514,490,718.80, compared to CNY 3,307,258,726.03 in Q1 2021, indicating a growth of 6.3%[27] - The total liabilities for Q1 2022 were CNY 1,660,613,371.06, an increase of 11.9% from CNY 1,484,684,720.03 in Q1 2021[27] Cash Flow - The net cash flow from operating activities decreased significantly by 62.38%, primarily due to lower cash receipts from sales compared to the previous year[8] - Cash flow from operating activities for Q1 2022 was CNY 44,540,402.21, significantly lower than CNY 118,402,371.35 in Q1 2021, a decline of approximately 62%[22] - Cash and cash equivalents at the end of Q1 2022 totaled CNY 302,437,160.31, down from CNY 348,461,496.59 at the end of Q1 2021, a decrease of about 13%[23] - The company incurred financial expenses of CNY 17,946,646.12 in Q1 2022, compared to CNY 14,846,664.73 in Q1 2021, marking an increase of approximately 21%[19] - The company reported a decrease in cash flow from investing activities, with a net outflow of CNY 126,548,972.42 in Q1 2022, compared to CNY 103,911,078.38 in Q1 2021[22] - The cash outflow from investment activities was CNY 38,159,121.35, significantly higher than CNY 1,714,727.24 in Q1 2021, indicating increased investment activity[31] - Net cash flow from financing activities was $35.6 million, compared to a net outflow of $28.4 million in the previous period[32] Shareholder Information - The total number of common shareholders at the end of the reporting period was 28,991[10] - Fuzhou Water Group Co., Ltd. held the largest share, owning 57.53% of the company[10] Research and Development - R&D expenses for Q1 2022 were CNY 5,495,031.17, compared to CNY 2,586,537.93 in Q1 2021, reflecting an increase of approximately 112%[19] - Research and development expenses increased to CNY 4,203,416.36, up 106.3% from CNY 2,031,610.67 in the same period last year[28] Operating Costs - Total operating costs for Q1 2022 were RMB 203,425,320.01, up 34.0% from RMB 151,911,236.98 in Q1 2021[18] - Operating costs included RMB 153,902,311.15 in operating expenses, which rose by 36.2% from RMB 112,975,506.67 in the previous year[18]