雪浪环境(300385) - 2019 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2019 was CNY 224,355,458.53, representing a 23.28% increase compared to CNY 181,993,980.66 in the same period last year[7] - Net profit attributable to shareholders was CNY 21,650,973.25, a 4.74% increase from CNY 20,671,825.36 year-on-year[7] - Basic earnings per share increased by 4.79% to CNY 0.1664 from CNY 0.1588 year-on-year[7] - The company achieved operating revenue of 224.36 million yuan, an increase of 23.28% compared to the same period last year[17] - The net profit attributable to shareholders was 21.65 million yuan, up 4.74% year-on-year[17] - Net profit for Q1 2019 reached CNY 19,615,131.80, representing a 8.8% increase from CNY 18,037,732.26 in Q1 2018[43] - The company's basic and diluted earnings per share for Q1 2019 were both CNY 0.1664, compared to CNY 0.1588 in the previous year[44] - The total comprehensive income for Q1 2019 was CNY 19,615,131.80, compared to CNY 18,037,732.26 in the previous year[44] Cash Flow - The net cash flow from operating activities was negative at CNY -119,140,795.20, a decline of 417.24% compared to CNY -23,033,761.67 in the same period last year[7] - Cash flow from operating activities showed a significant decline of 417.24%, resulting in a net outflow of 119.14 million yuan due to higher payment of goods[16] - Cash inflow from operating activities totaled 226,928,902.12, down from 240,754,088.46, while cash outflow increased to 346,069,697.32 from 263,787,850.13[49] - The net cash flow from operating activities was -114,108,186.00, compared to -1,121,670.18 in the previous period, indicating ongoing operational challenges[52] - The net cash flow from financing activities was 56,792,295.75, a notable increase from 1,435,309.18 in the previous period[53] - The ending cash balance was 138,150,815.04, compared to 68,361,078.00 in the prior period, reflecting improved liquidity[53] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,661,295,264.40, a 0.61% increase from CNY 2,645,084,020.71 at the end of the previous year[7] - Current liabilities decreased slightly to CNY 1,063,387,292.51 from CNY 1,064,957,970.50, a reduction of 0.15%[34] - The total liabilities amounted to CNY 1,397,310,433.33, slightly down from CNY 1,399,051,800.84, a decrease of 0.12%[34] - The company's equity attributable to shareholders rose to CNY 1,160,226,111.71 from CNY 1,138,575,138.46, an increase of 1.61%[35] - The total current assets reached CNY 1,751,791,007.19, compared to CNY 1,743,573,434.89, marking a growth of 0.46%[38] Investments and R&D - The company invested in Yancheng Yuanxu Environmental Technology Co., Ltd. and Yancheng Chirui Environmental Technology Co., Ltd. to expand its hazardous waste disposal business[20] - The company obtained 6 new authorized patents during the reporting period, enhancing its R&D capabilities[20] - Research and development expenses increased to CNY 9,300,509.35, a rise of 24.7% from CNY 7,459,233.09 in Q1 2018[42] - The company has invested ¥110 million in a private equity fund, indicating a strategy to utilize idle funds for financial growth[25] Competition and Market Position - The company faces intensified competition in the environmental protection industry, despite being a pioneer with technological and brand advantages[22] - The company is actively pursuing external growth through acquisitions, with ongoing projects in Yancheng that are still in the establishment phase[22] - The company has acquired a hazardous waste operation license through Nanjing Zhuoyue, enabling it to conduct hazardous waste incineration and disposal[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,392[11] - The largest shareholder, Yang Jianping, holds 39.10% of the shares, amounting to 50,886,874 shares, with a portion pledged[11] Government Support - Government subsidies recognized in the current period amounted to CNY 10,410,805.90[8] - The company has received government subsidies, which may positively impact its financial position[25]