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富春环保(002479) - 2023 Q1 - 季度财报
ZFET Co.,LTD.ZFET Co.,LTD.(SZ:002479)2023-04-20 16:00

Financial Performance - The company's operating revenue for Q1 2023 was ¥939,199,160.54, a decrease of 9.55% compared to ¥1,038,365,106.22 in the same period last year[3] - Net profit attributable to shareholders was ¥16,588,271.99, down 17.94% from ¥20,215,222.69 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥12,630,942.85, reflecting a decline of 29.19% compared to ¥17,838,928.79 in the previous year[3] - Total profit decreased by 31.98% to ¥4,319.25, mainly due to a significant drop in gross margin from key products affected by market conditions[8] - Net profit for Q1 2023 was CNY 30,053,772.62, a decline of 27.1% from CNY 41,276,765.82 in Q1 2022[20] Cash Flow - The net cash flow from operating activities decreased by 26.75% to ¥20,334,102.97 from ¥27,761,161.72 in the same period last year[3] - Cash flow from operating activities generated CNY 20,334,102.97, down from CNY 27,761,161.72 in the previous year[21] - In Q1 2023, the net cash flow from investment activities was -121,986,661.88 CNY, compared to -200,324,924.51 CNY in Q1 2022, indicating an improvement[22] - The cash inflow from financing activities was 476,699,940.60 CNY, while the cash outflow was 824,365,195.22 CNY, resulting in a net cash flow of -347,665,254.62 CNY for Q1 2023[22] - The company experienced a net decrease in cash and cash equivalents of -449,317,813.53 CNY in Q1 2023[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,716,888,431.19, a decrease of 4.80% from ¥9,155,995,009.56 at the end of the previous year[3] - Total current assets amount to 2,671,088,153.09 RMB, down from 3,022,907,031.25 RMB at the beginning of the year, a decrease of approximately 11.6%[15] - Total non-current assets are 6,045,800,278.10 RMB, down from 6,133,087,978.31 RMB, a decrease of about 1.4%[15] - Total current liabilities are 3,127,553,293.18 RMB, down from 3,508,552,843.31 RMB, a decrease of about 10.8%[15] - The total liabilities decreased to CNY 4,340,597,843.29 from CNY 4,741,754,682.57, showing improved financial stability[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 44,599[10] - The largest shareholder, Nanchang Municipal Public Utility Group Co., Ltd., holds 20.49% of shares, totaling 177,242,920 shares[10] - The total equity attributable to shareholders increased to CNY 4,013,671,658.30 from CNY 3,996,486,898.02, reflecting a slight growth in shareholder value[19] Investment and Expenses - Investment income surged by 584.10% to ¥628.02, attributed to improved performance from joint ventures[8] - The company reported an investment income of CNY 6,280,208.76, a significant recovery from a loss of CNY 1,297,305.39 in the previous year[19] - Research and development expenses decreased to CNY 30,780,415.81 from CNY 32,305,841.63, indicating a focus on cost management[19] - The cash outflow for the acquisition of fixed assets and intangible assets was 122,103,335.88 CNY in Q1 2023, compared to 200,271,803.49 CNY in Q1 2022[22] Inventory and Prepayments - The company reported a significant increase in inventory, with current inventory at 558,867,778.33 RMB, compared to 543,417,454.90 RMB at the beginning of the year, an increase of approximately 2.6%[15] - Prepayments increased by 107.50% to ¥19,338.11, primarily due to increases from subsidiaries[7] Company Initiatives - The company has initiated a stock issuance application to specific investors, which was accepted by the Shenzhen Stock Exchange on March 29, 2023[13] - The company aims to enhance market expansion and product development in the upcoming quarters, focusing on sustainable growth strategies[19] Miscellaneous - The company has no preferred shareholders as indicated in the report[13] - The company did not undergo an audit for the Q1 2023 report[23] - Earnings per share remained stable at CNY 0.02 for both Q1 2023 and Q1 2022[20]