中创环保(300056) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥62,718,255.34, a decrease of 79.45% compared to ¥305,184,578.36 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥14,927,335.59, representing a decline of 454.54% from a profit of ¥4,210,288.92 in Q1 2022[5] - The net loss for Q1 2023 was ¥19,378,618.04, compared to a net profit of ¥6,660,869.94 in Q1 2022, indicating a shift in financial performance[21] - The company's weighted average return on equity was -3.79%, down from 0.83% in the same period last year, indicating a significant decline in profitability[5] - Total operating revenue for Q1 2023 was ¥62,718,255.34, a significant decrease of 79.5% compared to ¥305,184,578.36 in the same period last year[21] - Total operating costs for Q1 2023 were ¥87,565,848.40, down 71.8% from ¥310,615,252.16 year-over-year[21] - The company's cash flow from operating activities was ¥98,795,900.59, down 60.7% from ¥251,168,602.25 in the same period last year[25] - The net cash flow from operating activities for Q1 2023 was ¥10,462,121.31, a decrease of 71.5% compared to ¥36,740,856.70 in Q1 2022[26] - The basic and diluted earnings per share for Q1 2023 were both -0.0387, a decline from 0.0109 in the same period last year[21] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,276,805,916.76, a slight decrease of 0.11% from ¥1,278,208,750.61 at the end of the previous year[5] - Total liabilities increased to ¥793,079,598.32 in Q1 2023 from ¥775,078,879.30 in the previous quarter, reflecting a rise of 2.6%[20] - The company's total assets as of the end of Q1 2023 amounted to ¥1,276,805,916.76, slightly down from ¥1,278,208,750.61 at the end of the previous quarter[20] - The company's total liabilities increased significantly, with accounts payable rising by 555.74% to ¥5,200,000.00, indicating increased reliance on credit[8] Cash Flow and Investments - The net cash flow from investing activities was -¥7,517,634.24, compared to -¥16,026,830.69 in the same period last year, indicating an improvement[26] - Cash inflow from financing activities was ¥76,210,417.81, while cash outflow was ¥67,473,845.94, resulting in a net cash flow of ¥8,736,571.87[27] - Total cash inflow from operating activities was ¥151,062,469.99, while total cash outflow was ¥140,600,348.68, resulting in a net increase of ¥11,649,229.70 in cash and cash equivalents[27] - The ending balance of cash and cash equivalents was ¥53,126,174.47, down from ¥97,453,626.61 at the end of Q1 2022[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,335[11] - The top ten shareholders hold a total of 61,535,848 shares, accounting for 15.96% of the total shares[12] - The total number of restricted shares held by executives increased to 160,275 shares, with 51,150 shares released during the period[15] - The company has established a consistent relationship among major shareholders, indicating potential strategic alignment in decision-making[12] Operational Changes and Future Plans - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[9] - The company has not reported any new product launches or significant market expansion strategies during this quarter[21] - The company plans to increase shareholding by the chairman and vice-chairman, with a minimum investment of CNY 1 million each within six months starting December 27, 2022[16] Government Support and Subsidies - The company received government subsidies amounting to ¥3,396,519.29, which is a decrease of 53.69% compared to ¥7,334,529.64 in the previous year[9] Credit and Impairment Losses - The company reported a significant increase in credit impairment losses, which rose by 4411.25% to ¥2,078,968.09 due to increased sales collections reversing previously made provisions[9] - The company reported a significant increase in credit impairment losses, amounting to ¥2,078,968.09 in Q1 2023 compared to ¥46,084.13 in Q1 2022[23] Employee and Operational Expenses - Payments to employees totaled ¥35,412,433.14, reflecting a decrease from ¥39,785,480.17 in the previous year[26] - The company spent ¥9,549,108.12 on acquiring fixed assets and intangible assets during the quarter[26]