启迪环境(000826) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,341,743,114.13, representing a 5.48% increase compared to ¥2,220,187,568.64 in the same period last year[8]. - The net profit attributable to shareholders decreased by 39.22% to ¥182,844,492.27 from ¥300,850,242.35 year-on-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 48.29% to ¥154,087,416.84 compared to ¥297,960,326.72 in the previous year[8]. - Basic and diluted earnings per share decreased by 42.49% to ¥0.111 from ¥0.270 in the previous year[8]. - Net profit decreased by 37.01% year-on-year, attributed to a decline in revenue from environmental equipment installation and consulting services[17]. - Operating profit decreased by 38.46% year-on-year, mainly due to a drop in revenue from the environmental equipment installation and consulting sector[17]. - Net profit for Q1 2019 was CNY 191,273,587.75, a decrease of 37.0% from CNY 303,666,672.13 in Q1 2018[42]. - Operating revenue for the current period was ¥538,381,095.41, a decrease of 40% compared to ¥895,245,111.46 in the previous period[45]. - Net profit for the current period was ¥82,725,287.19, a decline of 62% from ¥217,818,877.93 in the previous period[47]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 35.66%, reaching -¥256,423,537.95, compared to -¥418,923,871.49 in the same period last year[8]. - Cash flow from operating activities showed a net outflow of ¥256,423,537.95, improving from a net outflow of ¥398,523,871.49 in the previous period[50]. - Cash flow from investing activities resulted in a net outflow of ¥419,754,113.14, compared to a net outflow of ¥1,137,139,790.36 in the previous period[51]. - Cash flow from financing activities recorded a net outflow of ¥331,766,856.45, contrasting with a net inflow of ¥762,013,126.44 in the previous period[51]. - The total cash and cash equivalents at the end of Q1 2019 stood at CNY 516,287,741.53, down from CNY 2,316,321,029.10 at the end of Q1 2018, indicating a decrease of approximately 77.7%[55]. - The company received cash from financing activities that decreased by 143.54% year-on-year, mainly due to repayment of financing[17]. Assets and Liabilities - Total assets at the end of the reporting period were ¥40,107,163,925.25, an increase of 13.99% from ¥35,185,344,917.1 at the end of the previous year[8]. - The company's total assets amounted to CNY 28,340,043,725.59, slightly down from CNY 29,012,581,758.28 at the end of the previous period[39]. - The company's total liabilities were CNY 25,076,658,437.75, compared to CNY 24,547,071,230.11 at the end of 2018, indicating an increase of approximately 2.2%[33]. - Total liabilities reached ¥15,736,189,923.41, with current liabilities of ¥13,296,189,923.41 and non-current liabilities of ¥2,440,000,000.00[63]. - The total liabilities amounted to CNY 24,547,071,230.11, which is consistent with the previous year's figures, indicating stable leverage[59]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,426[13]. - The largest shareholder, Tsinghua Technology Service Co., Ltd., holds 16.56% of the shares, amounting to 236,947,592 shares[13]. - The net assets attributable to shareholders decreased by 3.19% to ¥14,560,216,923.53 from ¥15,039,926,280.5 at the end of the previous year[8]. - The company's total equity attributable to shareholders decreased to CNY 14,560,216,923.53 from CNY 14,955,321,489.68, a decline of about 2.6%[34]. Other Income and Expenses - Investment income increased by 9,080.91% year-on-year, primarily due to an increase in equity transfer payments[17]. - Other income increased by 193.95% year-on-year, mainly due to a rise in VAT refunds compared to the previous year[17]. - The company reported an investment income of CNY 21,685,469.11, compared to a loss of CNY 241,461.73 in the same period last year[40]. - The company’s other income increased to CNY 32,171,375.31 from CNY 10,944,674.21 in Q1 2018[40]. Strategic Initiatives - The company plans to apply for a comprehensive credit line of up to RMB 579 million from relevant financial institutions[20]. - The company has not yet implemented the share repurchase plan as of the report date[21]. - The company has implemented new financial instrument standards, which resulted in reclassifications affecting the balance sheet, including a reclassification of CNY 22,260,000.00 from "held-to-maturity investments" to "debt investments"[60]. - The company reported no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[27].