农尚环境(300536) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥59,234,925.74, representing a 71.23% increase compared to ¥34,594,122.02 in the same period last year[4] - The net profit attributable to shareholders for Q1 2023 was ¥4,260,521.44, up 14.24% from ¥3,729,584.74 in Q1 2022[4] - Total operating revenue for Q1 2023 reached ¥59,234,925.74, a significant increase of 71.5% compared to ¥34,594,122.02 in the same period last year[23] - Operating profit for Q1 2023 was ¥6,784,546.13, compared to ¥4,858,968.33 in the previous year, indicating a growth of 39.5%[23] - The company's profit before tax for Q1 2023 was 6,653,931.08 CNY, an increase from 4,772,763.74 CNY in Q1 2022, representing a growth of approximately 39.3%[24] - The company’s total comprehensive income for Q1 2023 was 3,311,690.52 CNY, compared to 2,494,503.58 CNY in Q1 2022, reflecting an increase of about 32.7%[24] Cash Flow and Assets - The net cash flow from operating activities improved by 81.09%, reaching -¥19,994,404.87, compared to -¥105,713,481.71 in the previous year[4] - The total current assets decreased to ¥790,467,895.32 from ¥866,760,707.19 at the beginning of the year, a decline of 8.8%[20] - The company's cash and cash equivalents dropped to ¥45,775,212.68 from ¥103,782,558.89, a decrease of 55.9%[20] - Cash and cash equivalents at the end of Q1 2023 were 18,955,159.67 CNY, down from 57,902,364.55 CNY at the end of Q1 2022[28] - The total cash inflow from operating activities was 113,341,549.12 CNY, compared to 96,886,373.71 CNY in the previous year, marking a rise of about 17.0%[27] - The total cash outflow from operating activities was 133,335,953.99 CNY, down from 202,599,855.42 CNY in Q1 2022, showing a decrease of approximately 34.2%[27] - The company reported a cash flow from financing activities of -9,928,073.94 CNY in Q1 2023, compared to -3,416,122.66 CNY in Q1 2022, indicating a worsening in financing cash flow[28] Costs and Expenses - The company reported a 102.32% increase in operating costs, which rose in line with the increase in revenue[7] - Total operating costs for Q1 2023 were ¥52,045,126.51, up 76.0% from ¥29,579,952.49 in Q1 2022[23] - The company reported a 46.70% increase in income tax expenses, reflecting higher current and deferred tax liabilities due to improved operating performance[8] - Research and development expenses for Q1 2023 were ¥1,644,343.24, compared to ¥1,529,632.92 in the previous year, indicating a 7.5% increase[23] Shareholder Information - The company had a total of 10,256 ordinary shareholders at the end of the reporting period[10] - The company reported a total of 39,393 shares under lock-up at the beginning of the period, with 4,500 shares released during the quarter, resulting in 34,893 shares remaining under lock-up[14] Equity and Liabilities - The total assets at the end of Q1 2023 were ¥967,391,184.48, a decrease of 7.52% from ¥1,046,097,733.11 at the end of the previous year[4] - Total liabilities decreased to ¥325,197,146.15 from ¥407,215,385.30, representing a reduction of 20.2%[21] - The total equity attributable to shareholders increased to ¥635,450,846.76 from ¥631,190,325.32, a slight growth of 0.4%[21] Contracts and Agreements - The company has a contract amounting to RMB 850 million for the PPP project with China State Construction Engineering Corporation, signed in June 2019[15] - The company has paid RMB 80 million as the first installment for the equity income rights transfer agreement with CITIC Fortune, related to the PPP project[17]