圣元环保(300867) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥385,507,041.41, a decrease of 22.16% compared to ¥495,237,802.42 in the same period last year[7]. - Net profit attributable to shareholders was ¥41,280,712.14, down 43.36% from ¥72,888,352.02 year-on-year[7]. - Basic and diluted earnings per share were both ¥0.1519, reflecting a decline of 43.36% from ¥0.2682 in the previous year[7]. - The total profit for the period was ¥56,273,855.92, down 35.47% from ¥87,202,809.84 in the previous year, primarily due to lower gross margins and increased maintenance costs[17]. - Total operating revenue for Q1 2023 was ¥385,507,041.41, a decrease of 22.2% compared to ¥495,237,802.42 in the same period last year[54]. - Net profit for Q1 2023 was ¥40,871,991.37, a decline of 44.0% from ¥72,866,432.86 in Q1 2022[55]. Cash Flow and Assets - The net cash flow from operating activities decreased by 68.67%, amounting to ¥31,736,543.66 compared to ¥101,286,556.88 in Q1 2022[19]. - Cash and cash equivalents at the end of Q1 2023 were ¥71,479,298.20, a significant decrease from ¥363,316,074.15 at the beginning of the year[50]. - Total assets at the end of the reporting period were ¥8,300,563,921.35, a decrease of 1.30% from ¥8,410,200,661.04 at the end of the previous year[7]. - Total liabilities decreased to ¥4,890,773,911.81 from ¥5,042,967,070.18, indicating a reduction of 3.0%[52]. - The ending cash and cash equivalents balance for Q1 2023 is CNY 68,465,634.89, down from CNY 141,281,472.09 at the end of Q1 2022, a decrease of approximately 51.5%[60]. Research and Development - Research and development expenses increased by 36.14% to ¥4,417,404.01, primarily due to higher costs associated with hydrogen energy projects[17]. - Research and development expenses for Q1 2023 were ¥4,417,404.01, an increase of 36.1% compared to ¥3,244,761.21 in Q1 2022[55]. - The company emphasizes technology innovation in its new energy business, focusing on solid-state hydrogen and organic liquid hydrogen storage technology development[44]. Operational Highlights - The company processed 1.457 million tons of waste in Q1 2023, an increase of 4.88% year-on-year[31]. - The total power generation in Q1 2023 reached 511 million kWh, reflecting a growth of 3.4% year-on-year[31]. - The company’s sewage treatment volume in Q1 2023 was 18.8101 million tons, a decrease of 7.38% year-on-year[31]. - The company has 8 operational projects with a waste processing capacity of 5,950 tons/day, which meet the criteria for renewable energy subsidy projects[29]. Strategic Initiatives - The company has accelerated its layout in the new energy sector to cultivate new growth points[31]. - The company is actively expanding its solid waste disposal projects, including integrated sanitation projects and the disposal of various types of waste, while also advancing hydrogen energy projects in Quanzhou and Xiamen[32]. - The company is committed to a dual-driven development strategy of "solid waste + new energy," focusing on improving solid waste treatment and expanding its hydrogen energy industry layout[39]. - The company is exploring integrated applications of "wind and solar power + hydrogen storage" to drive project industrialization and performance growth[43]. Financial Management - The company is implementing a comprehensive risk prevention strategy, including strict budget management and internal control system enhancements to mitigate key risks[47]. - The company is focusing on enhancing its management systems to ensure high-quality development and operational stability in 2023[40]. - The company aims to enhance operational efficiency and project capacity utilization through refined management practices, focusing on the development of the new energy industry to create new profit growth points[34]. Dividend and Shareholder Information - The company plans to distribute cash dividends of RMB 0.70 per 10 shares, totaling RMB 19,021,873.71, based on a total share capital of 271,741,053 shares as of December 31, 2022[36]. - The company will hold its 2022 annual general meeting on May 10, 2023, to review the annual report and related proposals[38]. Other Information - The first quarter report has not been audited[61]. - The company did not report any net profit from mergers under common control during the current or previous periods[57].