旺能环境(002034) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥864,973,343.51, representing a 31.06% increase compared to ¥659,965,846.50 in the same period last year[4] - The net profit attributable to shareholders decreased by 3.00% to ¥163,860,457.16 from ¥168,930,184.30 year-on-year[4] - The total operating revenue for the first quarter of 2023 was CNY 864,973,343.51, an increase of 30.96% compared to CNY 659,965,846.50 in the same period last year[19] - The net profit attributable to the parent company for the first quarter of 2023 was CNY 163,860,457.16, a decrease of 3.16% from CNY 168,930,184.30 in the same period last year[20] - Total comprehensive income for the period was approximately CNY 159.84 million, compared to CNY 171.35 million in the previous period, reflecting a decrease of about 6.5%[21] - Basic earnings per share (EPS) for the current period was CNY 0.38, slightly down from CNY 0.39 in the previous period, indicating a decrease of approximately 2.6%[21] Cash Flow and Assets - The net cash flow from operating activities increased by 21.98% to ¥145,729,703.77 compared to ¥119,466,707.00 in the previous year[4] - Net cash flow from operating activities increased to CNY 145.73 million, up from CNY 119.47 million, representing an increase of about 22%[22] - Cash inflow from operating activities totaled CNY 650.50 million, compared to CNY 607.53 million in the previous period, marking an increase of approximately 7%[22] - Cash outflow from investing activities was CNY 388.12 million, down from CNY 509.55 million, indicating a decrease of about 23.7%[24] - Net cash flow from financing activities was negative CNY 38.90 million, a significant decrease compared to a positive CNY 120.54 million in the previous period[24] - The ending balance of cash and cash equivalents was CNY 600.90 million, down from CNY 718.49 million, reflecting a decrease of approximately 16.4%[24] - The company's total assets at the end of the reporting period were ¥14,529,783,826.12, a slight increase of 0.25% from ¥14,492,882,312.55 at the end of the previous year[4] - The company's total assets as of the end of the first quarter of 2023 were CNY 14,529,783,826.12, slightly up from CNY 14,492,882,312.55 at the beginning of the year[17] - The total liabilities decreased to CNY 8,069,256,899.91 from CNY 8,218,163,864.45 at the beginning of the year, reflecting a reduction of 1.81%[17] - The cash and cash equivalents at the end of the first quarter were CNY 626,150,585.55, down 28.36% from CNY 874,130,641.08 at the beginning of the year[16] - The company's inventory increased to CNY 218,155,935.37, up 29.05% from CNY 169,054,697.04 at the beginning of the year[16] - The total current assets at the end of the first quarter were CNY 2,235,654,740.76, down 6.86% from CNY 2,400,308,385.60 at the beginning of the year[16] Investments and Projects - Research and development expenses rose by 49.28% to ¥20,788,675.57, reflecting increased investment in new projects[6] - Research and development expenses for the first quarter were CNY 20,788,675.57, an increase of 49.49% compared to CNY 13,926,132.29 in the previous year[19] - The company received government subsidies amounting to ¥2,337,975.91, contributing to its non-recurring gains[5] - The company completed a total power generation of 694.04 million kWh and an on-grid electricity volume of 584.06 million kWh in Q1 2023, with an average on-grid electricity price of RMB 0.55 per kWh[11] - The company processed a total of 224.51 million tons of waste, including 208.11 million tons of household waste, and extracted 5,657.03 tons of grease from kitchen waste in Q1 2023[11] - The company has invested in and constructed a total of 23,320 tons of waste incineration power generation projects across 9 provinces, with 19 operational plants totaling 21,620 tons[11] - The company officially launched three kitchen waste disposal projects with a total capacity of 800 tons in Q1 2023[12] - The company signed a memorandum of cooperation with Anhui Xunying New Energy Group to develop a battery recycling system for electric vehicles[12] - The company has ongoing projects in 5 provinces for kitchen waste disposal, with a total capacity of 3,220 tons[12] - The company has 14 projects simultaneously providing heating, with a total heating volume of 32.65 million tons[11] Shareholder Information - The company has 17,516 common shareholders at the end of the reporting period, with the largest shareholder, Meixinda Group, holding 33.26%[9] - The company has a total of 1,260,000 shares from its 2019 restricted stock incentive plan that were released from restrictions, representing 0.2934% of the total share capital[13] - The company acquired an additional 13% stake in Nantong Huili Rubber Co., increasing its total ownership to 90% for RMB 55.9 million[12] Other Information - The company reported a decrease in contract assets by 30.47% to ¥171,798,071.28 due to the transfer of receivables to accounts receivable[6] - The gross profit margin for the waste disposal segment was 65.85%, down from 80.19% in the previous year, indicating a shift in revenue composition[7] - The company's long-term equity investments decreased slightly to CNY 37,011,366.86 from CNY 37,412,020.03 at the beginning of the year[16] - The company did not conduct an audit for the first quarter report[25]