大禹节水(300021) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥457,389,932.80, a decrease of 15.68% compared to ¥542,441,122.09 in the same period last year[5]. - Net profit attributable to shareholders was ¥10,172,352.01, down 37.45% from ¥16,262,002.80 year-on-year[5]. - Basic earnings per share decreased by 20.00% to ¥0.0164 from ¥0.0205 in the same period last year[5]. - Total revenue for Q1 2023 was CNY 457,389,932.80, a decrease of 15.7% compared to CNY 542,441,122.09 in the same period last year[20]. - Net profit for Q1 2023 was CNY 4,111,143.84, a decline of 41.5% from CNY 7,002,106.63 in Q1 2022[20]. - The total comprehensive income attributable to the parent company for Q1 2023 was ¥10,172,352.01, down from ¥16,262,002.80 in Q1 2022, reflecting a decrease of approximately 37.5%[21]. Cash Flow - The net cash flow from operating activities was -¥315,651,220.06, representing a decline of 101.32% compared to -¥156,791,398.00 in the previous year[9]. - The net cash flow from investing activities for Q1 2023 was -¥185,521,788.59, compared to -¥15,588,599.04 in Q1 2022, indicating increased cash outflow for investments[24]. - The net cash flow from financing activities for Q1 2023 was ¥236,982,232.21, an increase from ¥143,764,365.85 in Q1 2022, showing improved financing inflow[24]. - The total cash outflow from operating activities in Q1 2023 was ¥1,041,600,108.55, compared to ¥970,985,122.44 in Q1 2022, indicating an increase in cash outflow[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,760,080,660.63, an increase of 4.91% from ¥6,443,949,468.44 at the end of the previous year[5]. - Total assets decreased to CNY 6,760,080,660.63 from CNY 6,951,784,865.45, a decline of 2.8%[20]. - Total liabilities decreased to CNY 4,410,139,824.79 from CNY 4,592,842,746.67, a reduction of 4.0%[20]. - Long-term borrowings increased to CNY 797,150,132.87 from CNY 674,562,132.29, an increase of 18.2%[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,050[11]. - The largest shareholder, Wang Haoyu, holds 21.55% of the shares, amounting to 185,748,831 shares, with 139,311,623 shares pledged[11]. - The company reported a total of 181,318,818 shares held by shareholder Qiu Ling, representing a significant portion of the total shares[12]. - The top ten shareholders collectively hold a significant number of shares, with the largest shareholder holding over 181 million shares[12]. - The company has not disclosed any related party relationships among the top ten shareholders, except for known familial ties[12]. Research and Development - Research and development expenses decreased by 35.80% to ¥5,345,145.27 from ¥8,325,900.37 in the previous year[9]. - The company reported a decrease in research and development expenses to CNY 5,345,145.27 from CNY 8,325,900.37, a decline of 35.7%[20]. Other Income and Investments - Other income increased by 94.13% to ¥6,589,704.01 compared to ¥3,394,418.54 in the same period last year, mainly due to increased government subsidies[9]. - The company reported a significant increase in investment income, which rose by 539.88% to ¥1,366,494.93 from -¥310,653.30 in the previous year[9]. Stock Incentive Plans - The company has engaged in a share repurchase plan, which was approved in the board meeting held on February 27, 2023[15]. - The company is actively managing its stock incentive plans, with specific timelines for the release of restricted shares[14]. - The company plans to release 25% of restricted shares for key executives annually based on the previous year's holdings[14]. - A total of 34,000 restricted shares were repurchased and canceled due to the departure of five incentive plan participants[16]. - The company has a total of 160,404,353 restricted shares at the end of the reporting period, after accounting for the removal of 340,000 shares[14].