巴安水务(300262) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥67,983,693.47, representing a 36.77% increase compared to ¥49,705,212.81 in the same period last year[5]. - The net loss attributable to shareholders decreased to ¥18,976,466.07, a 64.79% improvement from a loss of ¥53,894,479.79 in the previous year[5]. - The basic and diluted earnings per share improved to -¥0.0283, a 64.84% increase from -¥0.0805 in the previous year[5]. - The total operating revenue for Q1 2023 was ¥67,983,693.47, an increase from ¥49,705,212.81 in the same period last year, representing a growth of approximately 36.6%[16]. - The net profit attributable to the parent company was -¥18,976,466.07, compared to -¥53,894,479.79 in the previous year, showing an improvement of approximately 64.8%[17]. - The total comprehensive income for Q1 2023 was -13,309,708.97 CNY, compared to -51,079,543.63 CNY in Q1 2022, showing an improvement[18]. Cash Flow - The net cash flow from operating activities was negative at ¥5,038,639.12, a decline of 145.95% compared to a positive cash flow of ¥10,964,555.04 in the same period last year[5]. - Cash inflow from operating activities totaled 21,165,992.76 CNY, down from 446,546,999.72 CNY in the same period last year[20]. - The net cash flow from investing activities was 988,400.00 CNY, compared to 5,941,285.36 CNY in the previous year[21]. - The company incurred total cash outflows from financing activities of 1,460,030.62 CNY, compared to 139,417,321.10 CNY in the previous year[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,568,631,528.10, a slight decrease of 0.25% from ¥3,577,595,945.27 at the end of the previous year[5]. - The total liabilities increased to ¥3,488,225,511.23 from ¥3,483,406,962.64, indicating a marginal rise of about 0.5%[15]. - Cash and cash equivalents decreased to ¥54,270,007.28 from ¥59,799,315.11, a decline of approximately 9.0%[13]. - Accounts receivable rose to ¥197,642,827.41 from ¥171,599,909.99, an increase of about 15.2%[14]. - The company's inventory remained relatively stable, with a slight increase from ¥76,471,760.08 to ¥76,588,526.78[14]. Shareholder Dynamics - Shareholders' equity attributable to shareholders decreased by 8.51% to ¥162,008,026.12 from ¥177,070,540.08 at the end of the previous year[5]. - A major shareholder's 20,100,000 shares were auctioned for ¥49,688,225, indicating ongoing financial activities and shareholder dynamics[10]. Legal and Regulatory Matters - The company reported a significant legal development where a court supported part of a lawsuit against it, leading to the annulment of certain resolutions from a previous shareholders' meeting[10]. - The company has not undergone an audit for the Q1 2023 report[22]. - The report was issued by the board of directors on June 29, 2023[23]. Government Support and Contracts - The company received government subsidies amounting to ¥1,500.00 during the reporting period[6]. - The company was awarded a contract for the "Dhaka Sewage Pipeline Design and Construction Project" in collaboration with China Civil Engineering Construction Corporation and Shanghai Municipal Engineering Design Institute[9]. Research and Development - Research and development expenses for the quarter were ¥2,586,217.55, down from ¥3,262,610.15, a decrease of approximately 20.7%[17]. - The company reported an investment income of ¥19,588,282.29, up from ¥14,406,840.21, reflecting a growth of about 36.5%[17]. Operating Costs - The total operating costs decreased to ¥103,818,292.13 from ¥124,233,420.76, a reduction of about 16.4%[16].