城发环境(000885) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,192,157,305.99, representing a 62.38% increase compared to CNY 734,164,827.59 in the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was CNY 224,385,033.43, a 15.74% increase from CNY 193,876,015.36 year-on-year[4] - Total operating revenue for the current period reached CNY 1,192,157,305.99, a significant increase from CNY 734,164,827.59 in the previous period, representing a growth of approximately 62.5%[27] - Net profit for the current period was CNY 250,077,174.24, compared to CNY 201,261,215.76 in the previous period, reflecting a growth of approximately 24.2%[30] - Total comprehensive income amounted to CNY 250,077,174.24, an increase of 24.2% compared to CNY 201,261,215.76 in the previous period[33] - Basic and diluted earnings per share increased to CNY 0.3495 from CNY 0.3020, representing a growth of 15.6%[33] Cash Flow - The net cash flow from operating activities decreased by 51.91% to CNY 47,708,210.49, down from CNY 99,200,244.93 in the previous year[4] - Cash inflow from operating activities reached CNY 929,255,652.43, up 65.6% from CNY 561,315,248.40 in the prior period[34] - Cash inflow from investment activities totaled CNY 304,056,684.14, significantly higher than CNY 2,653,229.06 in the previous period[37] - Net cash flow from investment activities was negative at CNY -427,301,296.33, compared to CNY -1,141,264,790.77 last year[37] - Cash inflow from financing activities was CNY 1,317,823,479.43, down 35.4% from CNY 2,039,260,463.53[37] - Net cash flow from financing activities decreased to CNY 275,866,232.69 from CNY 957,449,762.46, a decline of 71.2%[37] - The ending balance of cash and cash equivalents was CNY 1,130,591,812.20, down from CNY 1,770,919,510.12 in the previous period[37] Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 23,187,973,661.11, a 6.62% increase from CNY 21,747,758,322.29 at the end of the previous year[4] - The company's total liabilities reached CNY 16,542,176,422.51, compared to CNY 15,401,054,428.15, indicating a growth of around 7.4%[26] - Non-current liabilities totaled CNY 11,188,408,034.29, up from CNY 10,335,500,591.06, which is an increase of approximately 8.3%[26] - The company's total current assets reached ¥4,433,878,443.19, up from ¥4,113,665,209.66 at the beginning of the year[20] - The company's fixed assets decreased to ¥5,358,798,044.99 from ¥5,457,260,037.12[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 27,754[12] - The largest shareholder, Henan Investment Group Co., Ltd., holds 56.47% of the shares, totaling 362,579,146 shares[12] Operational Metrics - The company's accounts receivable increased by 46.26% to CNY 1,332,392,290.50, attributed to an expanded consolidation scope and revenue growth[8] - The company's inventory rose by 55.51% to CNY 55,660,015.24, mainly due to an increase in operational projects and raw materials[8] - The company reported a 94.40% increase in operating costs, amounting to CNY 713,778,285.53, driven by growth in waste incineration power generation and environmental engineering contracting[8] - Research and development expenses for the current period were CNY 9,987,057.67, reflecting the company's commitment to innovation[30] Investment and Financial Assistance - Investment income surged by 556.82% to CNY 14,142,926.86, primarily due to interest income from financial assistance[8] - The company provided financial assistance totaling approximately ¥971 million to Tsinghua Tongfang Co., Ltd., with ¥290 million repaid and ¥681 million remaining unpaid[16] - The company is in the process of a share swap merger with Tsinghua Tongfang, with related funding proposals approved by the board[16] Management Changes - The company appointed a new deputy general manager and a new secretary of the board in early 2022[16] Audit Status - The first quarter report was not audited[38]