盈峰环境(000967) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,745,726,716.64, representing a 6.19% increase compared to ¥2,585,557,972.31 in the same period last year[9]. - Net profit attributable to shareholders was ¥236,548,760.94, a significant increase of 64.96% from ¥143,397,426.08 in the previous year[9]. - The basic earnings per share rose to ¥0.0750, reflecting a 66.67% increase from ¥0.0450 in the same period last year[9]. - The company reported a total comprehensive income attributable to the parent company of CNY 236,548,760.94, compared to CNY 143,397,426.08 in the previous period, representing a growth of approximately 65%[65]. - Net profit for Q1 2019 reached CNY 242,790,183.45, compared to CNY 195,532,568.98 in Q1 2018, representing a growth of 24.1%[62]. Assets and Liabilities - The total assets at the end of the reporting period were ¥24,837,240,272.21, showing a 1.54% increase from ¥24,461,293,934.13 at the end of the previous year[9]. - The net assets attributable to shareholders increased to ¥14,716,748,708.87, up by 1.69% from ¥14,471,811,680.32 at the end of the previous year[9]. - Total liabilities increased significantly, with long-term payables rising by 86.53% from CNY 81,654,357.36 to CNY 152,313,144.25 due to government funding received for a PPP project[24]. - The total liabilities as of March 31, 2019, were CNY 9,957,101,167.85, compared to CNY 9,829,173,401.57 at the end of 2018, marking an increase of about 1.3%[45]. Cash Flow - The net cash flow from operating activities was negative at -¥841,174,093.07, compared to -¥722,810,566.25 in the previous year[9]. - Cash and cash equivalents decreased by 30.22% from CNY 2,389,358,581.74 to CNY 1,667,380,993.58 due to increased payment obligations[24]. - The company reported a net cash flow from operating activities of CNY -841,174,093.07, worsening from CNY -722,810,566.25 in the previous period[75]. - Cash flow from operating activities was CNY 2,777,771,892.91, compared to CNY 1,979,021,917.31 in the previous period, an increase of approximately 40.3%[75]. Shareholder Information - The company had a total of 24,665 common shareholders at the end of the reporting period[13]. - The largest shareholder, Ningbo Yingfeng Asset Management Co., Ltd., held 32.18% of the shares, totaling 101,799,738 shares[13]. - The company did not conduct any repurchase transactions among the top ten shareholders during the reporting period[23]. Operational Insights - The company expects a significant change in net profit compared to the same period last year, indicating potential losses[28]. - The company engaged in communication activities to understand its operational status on multiple occasions during the reporting period[33]. Other Financial Metrics - The company reported a weighted average return on net assets of 1.62%, down from 2.06% in the previous year[9]. - Research and development expenses for Q1 2019 were CNY 56,892,328.40, down from CNY 65,385,213.02, a decrease of 12.1%[59]. - Investment income dropped by 94.98% from CNY 72,185,469.97 to CNY 3,623,550.67 due to significant gains from the disposal of available-for-sale financial assets in the previous year[24].