清水源(300437) - 2019 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2019 was CNY 378,408,698.28, representing a 14.79% increase compared to CNY 329,646,819.15 in the same period last year[7] - Net profit attributable to shareholders decreased by 34.85% to CNY 32,564,618.45 from CNY 49,980,970.87 year-on-year[7] - Net profit after deducting non-recurring gains and losses fell by 36.65% to CNY 32,457,161.86 compared to CNY 51,238,468.84 in the previous year[7] - Basic earnings per share decreased by 34.82% to CNY 0.1492 from CNY 0.2289 year-on-year[7] - The company achieved operating revenue of 378.41 million yuan, an increase of 14.79% compared to the same period last year[16] - Operating costs rose to 271.93 million yuan, reflecting a 32.73% increase year-on-year due to new projects and expenditures[16] - The company reported a total profit of ¥58,833,345.07, down 22.7% from ¥76,106,795.39 in the previous period[46] - The company’s total comprehensive income for the current period was ¥44,019,447.48, down 23.8% from ¥57,725,851.59 in the previous period[46] Cash Flow - The net cash flow from operating activities improved by 55.57%, reaching -CNY 58,632,950.37, compared to -CNY 131,957,761.58 in the same period last year[7] - Total cash inflow from operating activities was 339,890,255.67 CNY, while cash outflow was 398,523,206.04 CNY, resulting in a net cash flow deficit[53] - Cash flow from investing activities showed a net outflow of -97,836,121.03 CNY, consistent with the previous period's outflow of -145,412,869.69 CNY[54] - Cash inflow from financing activities was 225,097,500.00 CNY, down from 399,807,235.65 CNY in the previous period, with a net cash flow of 91,463,792.36 CNY[54] - The company had a net increase in cash and cash equivalents of 28,096,382.03 CNY, compared to a decrease of -7,865,387.82 CNY in the previous period[58] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,047,596,231.91, an increase of 3.48% from CNY 3,911,495,365.44 at the end of the previous year[7] - Current liabilities rose to CNY 2,049,191,364.44, compared to CNY 1,923,743,351.52, reflecting an increase of approximately 6.5%[36] - Total liabilities reached CNY 2,331,613,269.70, up from CNY 2,241,022,875.08, indicating an increase of approximately 4.0%[36] - Owner's equity totaled CNY 1,715,982,962.21, compared to CNY 1,670,472,490.36, reflecting a growth of about 2.7%[37] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,629[10] - The largest shareholder, Wang Zhiqing, holds 43.64% of the shares, totaling 95,270,000 shares[10] Investment and Projects - The company is developing a tracer polymer product, which aims to enhance online water quality monitoring technology and support the promotion of the "Water Cloud Trace" project[16] - The company reported government subsidies amounting to CNY 402,490.30 during the reporting period[8] - The company plans to continue strengthening new product development and expanding its business model in 2019[20] - The company has made adjustments to fundraising investment projects to improve efficiency and reduce costs, enhancing overall competitiveness[26] Regulatory and Compliance - The company has no violations regarding external guarantees during the reporting period[29] - There are no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[30] - The company’s projects are subject to regulatory approvals, which have affected the timelines for completion and operational readiness[25] Research and Development - Research and development expenses increased to ¥2,794,763.43, up 16.1% from ¥2,407,056.95 in the previous period[43] - The company is focused on developing continuous production processes for water treatment agents to improve efficiency and output[25]