CSD Water Service(SH:603903)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥181,365,185.04, representing a year-on-year increase of 6.45%[5] - The net profit attributable to shareholders decreased by 86.11% to ¥2,935,770.39 compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 92.70% to ¥1,527,299.59[5] - The basic and diluted earnings per share were both ¥0.01, down 90.00% year-on-year[5] - Total operating revenue for Q1 2023 was CNY 181,365,185.04, an increase of 6.8% compared to CNY 170,373,955.95 in Q1 2022[15] - Net profit for Q1 2023 was CNY 2,201,520.44, a decrease of 90.3% from CNY 22,802,819.12 in Q1 2022[16] - Total comprehensive income for Q1 2023 was CNY 2,201,520.44, compared to CNY 22,802,819.12 in Q1 2022[17] - Basic and diluted earnings per share for Q1 2023 were CNY 0.01, down from CNY 0.10 in Q1 2022[17] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥4,476,839,529.34, a decrease of 1.45% from the end of the previous year[6] - The company's total assets as of Q1 2023 amounted to CNY 4,476,839,529.34, down from CNY 4,542,844,180.57 in the previous year[15] - Current liabilities totaled CNY 1,550,226,228.12 in Q1 2023, a decrease of 3.7% from CNY 1,610,371,402.87 in Q1 2022[14] - Long-term borrowings stood at CNY 699,450,286.47, slightly down from CNY 706,885,106.76 in the previous year[14] - The company’s total liabilities were CNY 2,684,281,721.74, a decrease of 2.5% from CNY 2,752,487,893.41 in Q1 2022[14] - The equity attributable to shareholders was CNY 1,664,285,977.17, slightly up from CNY 1,661,350,206.78 in the previous year[15] Cash Flow - The net cash flow from operating activities was negative at -¥111,808,047.47, indicating cash outflow[5] - Cash inflow from operating activities in Q1 2023 was CNY 245,193,268.57, a decrease of 10.5% from CNY 274,023,680.67 in Q1 2022[18] - Net cash outflow from operating activities for Q1 2023 was CNY -111,808,047.47, compared to CNY -102,965,928.69 in Q1 2022[18] - Cash inflow from investment activities was CNY 2,128,600.00 in Q1 2023, up from CNY 150,196.15 in Q1 2022[18] - Net cash outflow from investment activities was CNY -16,768,879.34 in Q1 2023, compared to CNY -33,110,785.70 in Q1 2022[18] - Cash inflow from financing activities was CNY 184,598,546.52 in Q1 2023, down from CNY 572,207,156.43 in Q1 2022[18] - Net cash inflow from financing activities was CNY 49,145,412.99 in Q1 2023, significantly lower than CNY 367,128,462.35 in Q1 2022[18] - The ending cash and cash equivalents balance for Q1 2023 was CNY 505,485,809.05, compared to CNY 487,594,523.87 in Q1 2022[19] - The impact of exchange rate changes on cash and cash equivalents was CNY -63,000.01 in Q1 2023, compared to CNY -16,388.98 in Q1 2022[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,905[9] - The largest shareholder, Changjiang Ecological Environmental Protection Group Co., Ltd., held 24.73% of the shares[9] Expenses and Investments - The company reported an increase in financial expenses due to a shift from capitalizing interest on loans to expensing it, impacting profitability[7] - Total operating costs for Q1 2023 were CNY 188,563,828.74, up 16.9% from CNY 161,251,931.17 in Q1 2022[15] - Research and development expenses increased to CNY 10,456,164.21 in Q1 2023, up from CNY 9,558,802.33 in Q1 2022, indicating a focus on innovation[15] - The company reported an investment income of CNY 6,747,062.53 for Q1 2023, compared to CNY 5,323,915.78 in Q1 2022, reflecting a growth of 26.7%[16]