中原环保(000544) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,172,091,713.33, a decrease of 3.07% compared to ¥1,209,152,782.10 in the same period last year[3] - Net profit attributable to shareholders was ¥128,738,854.26, down 13.96% from ¥149,633,700.98 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥113,195,556.65, a decline of 22.84% compared to ¥146,709,597.68 in the previous year[3] - Net profit for the current period is ¥137,521,917.14, down 9.29% from ¥151,618,690.69 in the previous period[20] - The company experienced a decrease in comprehensive income attributable to the parent company, which fell to ¥118,346,683.63 from ¥123,489,080.89[26] Cash Flow - The net cash flow from operating activities was -¥931,572,960.64, a significant decrease of 1,711.49% from ¥57,808,346.91 in the same period last year[3] - Cash flow from operating activities showed a net outflow of ¥931,572,960.64, compared to an inflow of ¥57,808,346.91 in the previous period, indicating cash management challenges[30] - The company reported a net decrease in cash and cash equivalents of ¥127.74 million, an improvement compared to a decrease of ¥502.62 million in Q1 2021[33] - The total cash and cash equivalents at the end of Q1 2022 were ¥2.44 billion, down from ¥2.09 billion at the end of Q1 2021[33] - The net cash flow from financing activities was ¥951.35 million, a substantial rise from ¥235.23 million in Q1 2021[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥22,028,553,750.78, an increase of 3.50% from ¥21,284,165,623.74 at the end of the previous year[3] - Total current assets amount to 3,815,570,504.43 RMB, an increase from 3,733,823,929.12 RMB at the beginning of the year[12] - Total liabilities amount to 14,582,173,132.20 RMB, up from 14,049,114,751.67 RMB[18] - Non-current liabilities increased to 9,514,608,969.58 RMB from 8,537,283,899.23 RMB[18] - The company's retained earnings increased to 1,476,981,567.51 RMB from 1,348,242,713.25 RMB[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 31,246[9] - The largest shareholder, Zhengzhou Public Utilities Investment Development Group Co., Ltd., holds 68.73% of shares, totaling 669,855,147 shares[9] - The company's equity attributable to shareholders was ¥6,639,138,232.59, up 1.88% from ¥6,516,591,548.96 at the end of the last year[3] - The total equity attributable to shareholders of the parent company is 6,639,138,232.59 RMB, up from 6,516,591,548.96 RMB[18] Expenses - Sales expenses increased by 125.03% to ¥793,198.20, attributed to higher market expansion costs[6] - Financial expenses rose by 65.40% to ¥101,647,314.03 due to increased borrowing and interest costs[6] - The company reported a significant increase in financial expenses, rising to ¥101,647,314.03 from ¥61,456,410.12, which may impact future profitability[23] - Research and development expenses increased to ¥13,765,870.38 from ¥12,044,673.31, indicating a focus on innovation[23] Government Support and Other Income - The company received government subsidies amounting to ¥16,174,201.47 during the reporting period[5] - Other income increased to ¥20,838,727.08 from ¥4,715,926.75, contributing positively to the overall financial performance[23] Strategic Initiatives - The company is focusing on market expansion and new product development as part of its strategic initiatives for future growth[20] - The increase in contract assets was 49.21%, rising to ¥381,703,629.28 due to project progress recognition[6] Financing Activities - The company obtained loans amounting to ¥1.68 billion, compared to ¥1.04 billion in the same period last year, indicating a significant increase in financing activities[33] - The cash inflow from financing activities totaled ¥1.76 billion, while cash outflow was ¥811.50 million, resulting in a positive net cash flow[33] Audit Information - The company did not conduct an audit for the Q1 2022 report[34]