中原环保(000544) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥1,050,283,996.60, a decrease of 10.39% compared to ¥1,172,091,713.33 in the same period last year[5] - Net profit attributable to shareholders increased by 23.46% to ¥158,945,897.54 from ¥128,738,854.26 year-on-year[5] - The company's basic earnings per share increased by 23.08% to ¥0.16 from ¥0.13 in the same period last year[5] - Net profit for the current period is ¥167,019,396.33, an increase of 21.43% compared to ¥137,521,917.14 in the previous period[21] - The company reported a total comprehensive income of ¥163,240,425.19, up from ¥127,129,746.51 in the previous period[21] Cash Flow and Liquidity - The net cash flow from operating activities was -¥974,514,023.18, a decline of 4.61% compared to -¥931,572,960.64 in the previous year[5] - The net cash flow from operating activities is -¥974,514,023.18, worsening from -¥931,572,960.64 in the previous period[23] - The net cash flow from financing activities improved to ¥2,163,502,712.61, compared to ¥951,353,310.67 in the previous period[24] - The company's cash and cash equivalents decreased to ¥2.58 billion from ¥2.96 billion, a decline of approximately 12.9%[17] - Cash and cash equivalents at the end of the period stand at ¥2,556,470,390.42, compared to ¥2,437,983,514.08 at the end of the previous period[24] Assets and Liabilities - Total assets at the end of Q1 2023 reached ¥28,357,440,186.20, reflecting a growth of 6.44% from ¥26,641,029,452.63 at the end of the previous year[5] - As of March 31, 2023, total assets amounted to ¥28.36 billion, an increase from ¥26.64 billion at the beginning of the year, reflecting a growth of approximately 6.5%[17][18] - Current assets totaled ¥5.36 billion, slightly down from ¥5.38 billion at the start of the year, indicating a decrease of about 0.3%[17] - Total liabilities increased to ¥20.64 billion from ¥19.09 billion, representing a rise of approximately 8.1%[18] - The company's equity attributable to shareholders rose to ¥6.84 billion from ¥6.68 billion, an increase of about 2.4%[18] Investment Activities - The company reported a significant increase in investment activity cash outflow, totaling ¥1,575,719,016.66, up 959.70% from ¥148,694,833.05, primarily due to the acquisition of a purification company[10] - The company’s total investment cash outflow reached ¥1,575,719,016.66, significantly higher than ¥148,694,833.05 in the previous period[23] - The company plans to acquire 100% equity of Zhengzhou Sewage Purification Co., Ltd. for cash, resolving competition issues with the subsidiary[14] - The company completed the transfer of the acquired assets on March 17, 2023, marking a key milestone in the acquisition process[14] Expenses - Financial expenses rose by 57.03% to ¥159,616,358.29, attributed to increased borrowing and interest costs[10] - Total operating costs decreased to ¥876,482,493.24, down 14.59% from ¥1,026,070,890.32 in the previous period[20] - Research and development expenses increased to ¥16,629,930.80, up 20.00% from ¥13,765,870.38 in the previous period[20] Shareholder Returns - The weighted average return on equity improved to 2.35%, up from 1.96% year-on-year[5] - The company received government subsidies amounting to ¥15,391,808.53 during the reporting period[6] - Short-term borrowings decreased by 34.16% to ¥580,000,000.00 from ¥880,951,500.00, indicating increased loan repayments[10] - Short-term borrowings decreased significantly from ¥880.95 million to ¥580 million, a reduction of about 34.2%[18] Regulatory Compliance - The company will continue to fulfill its information disclosure obligations as per the regulations of the Shenzhen Stock Exchange[15]