CPEP(SZ:000544)2019-04-29 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥312,590,676.44, representing a 21.26% increase compared to ¥257,787,611.10 in the same period last year[10] - The net profit attributable to shareholders for Q1 2019 was ¥61,758,888.09, up 17.69% from ¥52,476,556.42 in the previous year[10] - The basic earnings per share for Q1 2019 was ¥0.06, a 20.00% increase from ¥0.05 in the same period last year[10] - Net profit for the current period was ¥62,252,477.53, representing a 18.9% increase from ¥52,741,907.59 in the previous period[60] - The company reported a total profit of ¥73,798,134.15, up from ¥59,833,589.73 in the previous period, marking a growth of 23.4%[60] - Total comprehensive income amounted to ¥101,050,452.12, compared to ¥66,013,644.05 in the previous period, reflecting a significant increase[70] Cash Flow - The net cash flow from operating activities increased significantly by 106.88%, reaching ¥226,350,338.24 compared to ¥109,412,086.92 in Q1 2018[10] - Cash inflow from operating activities totaled ¥534,419,504.93, up from ¥352,967,728.51 year-over-year, indicating strong operational performance[74] - Cash outflow from investing activities was ¥472,588,866.75, down from ¥629,179,635.39, indicating a reduction in investment expenditures[77] - Net cash flow from financing activities was -¥101,871,490.15, a decline from ¥287,795,703.94 in the previous period, reflecting increased debt repayments[77] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,867,628,025.59, a decrease of 2.41% from ¥9,086,848,152.08 at the end of the previous year[10] - The total liabilities decreased from 3,001,073,990.09 to 2,669,275,138.94, representing a reduction of approximately 11%[43] - The total owner's equity increased from 6,085,774,161.99 to 6,198,352,886.65, reflecting a growth of about 1.85%[46] - The current liabilities decreased from 1,811,061,670.33 to 1,143,180,754.07, indicating a decline of approximately 37%[43] - Total current assets amounted to CNY 3,476,689,487.42 as of January 1, 2019[87] - Total liabilities reached CNY 3,001,073,990.09 as of January 1, 2019, unchanged[94] Shareholder Information - The company reported a total of 31,773 common shareholders at the end of the reporting period[13] - The largest shareholder, Zhengzhou Public Utilities Investment Development Group Co., Ltd., held 68.73% of the shares, amounting to 669,855,147 shares[13] Operational Efficiency - Accounts receivable decreased by 38.47% to ¥341,696,607.95 due to the collection of sewage treatment fees[21] - Inventory increased by 56.26% to ¥6,625,440.51 as a result of product additions in a subsidiary[21] - Cash and cash equivalents decreased from 797,718,892.81 to 350,171,173.55, a decline of approximately 56%[47] - The company received cash from sales of goods and services amounting to ¥507,937,045.01, compared to ¥328,206,341.61 in the previous period, indicating strong revenue growth[71] Financial Expenses - Financial expenses surged by 90.53% to ¥16,981,479.23 due to interest expenses from medium-term notes and new bank loans[21] - Financial expenses rose to ¥16,981,479.23, compared to ¥8,912,755.11 in the previous period, indicating a significant increase[57] Investment and Development - Research and development expenses surged to ¥6,646,656.97, a significant increase from ¥199,867.38 in the previous period[57] - The company recorded an asset impairment loss of ¥18,431,240.91, up from ¥14,189,825.58 in the previous period[57] Other Financial Metrics - The weighted average return on net assets was 1.01%, an increase of 0.15% compared to 0.86% in the previous year[10] - The unallocated profits increased from 680,002,613.50 to 741,761,501.59, reflecting an increase of approximately 9%[46] - The deferred income tax liabilities increased from 42,551,475.76 to 53,344,599.47, indicating an increase of about 25%[43]