节能国祯(300388) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥763,081,757.88, representing a 17.27% increase compared to ¥650,708,019.44 in the same period last year[8]. - Net profit attributable to shareholders was ¥63,247,412.89, up 32.66% from ¥47,676,024.79 year-on-year[8]. - Basic earnings per share increased by 28.57% to ¥0.09 from ¥0.07 in the same period last year[8]. - The company's total revenue for the reporting period was 763.08 million yuan, an increase of 17.27% compared to the same period last year[19]. - The net profit attributable to shareholders was 63.25 million yuan, reflecting a growth of 32.66% year-on-year[19]. - The total comprehensive income for Q1 2021 was CNY 67,549,446.11, compared to CNY 52,080,994.75 in the previous year, marking an increase of approximately 29.7%[45]. - The company's operating profit for Q1 2021 was CNY 78,256,338.94, compared to CNY 61,448,680.88 in the same period last year, showing an increase of about 27.3%[44]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥2,818,059.55, a turnaround from a negative cash flow of ¥119,576,759.14 in the previous year, marking a 102.36% increase[8]. - Cash received from sales and services was 1.08 billion yuan, a 34.10% increase year-on-year, attributed to improved cash collection from operations[18]. - The cash flow from operating activities was CNY 1,082,490,547.76, compared to CNY 807,214,701.90 in the previous period, indicating a strong increase in cash inflow[51]. - The ending balance of cash and cash equivalents was 1,018,812,469.30 CNY, compared to 843,787,778.85 CNY at the end of the previous year[53]. - The company experienced a net decrease in cash and cash equivalents of -256,330,360.99 CNY during the quarter[53]. Assets and Liabilities - Total assets decreased by 4.56% to ¥14,165,562,268.75 from ¥14,842,120,268.09 at the end of the previous year[8]. - The company's current assets decreased to RMB 4.09 billion from RMB 4.52 billion at the end of 2020, indicating a decline of approximately 9.5%[33]. - The company's total liabilities decreased to RMB 10.12 billion from RMB 10.65 billion, reflecting a reduction of approximately 5%[35]. - The company's total equity as of March 31, 2021, was CNY 3,136,379,268.14, slightly down from CNY 3,137,427,343.90[40]. - The company's total liabilities reached CNY 10,648,218,295.75, which is CNY 240,384,427.21 higher than the previous period[61]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,103[12]. - The largest shareholder, Anhui Guozhen Group Co., Ltd., held 16.74% of the shares, amounting to 116,988,133 shares[12]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13]. - The company has repurchased a total of 2,258,113 shares, representing 0.32% of the total share capital, with a total expenditure of approximately RMB 22.3 million[25]. Operational Highlights - The company aims to enhance its market position by focusing on industrial wastewater treatment, park management, and rural water supply and drainage during the "14th Five-Year Plan" period[21][22]. - The company plans to leverage digitalization and information technology to improve asset management and operational efficiency[22]. - The collaboration with China Energy Conservation is expected to create synergies, enhancing both companies' strengths in water treatment and supply[19][20]. - The company has successfully implemented a new model for comprehensive river basin governance, as demonstrated in the Hefei Shiwuli River project[22]. Research and Development - Research and development expenses for Q1 2021 amounted to CNY 7,133,807.08, slightly up from CNY 6,924,173.83 in the previous year[47]. - The company has no significant changes in its core technology team or key technical personnel during the reporting period[24]. Accounting and Standards - The report indicates that the first quarter results have not been audited[71]. - The company has implemented new leasing standards effective from January 1, 2021, impacting accounting policies[70].