大地海洋(301068) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 186,121,832.36, representing a 24.62% increase compared to CNY 149,350,221.27 in the same period last year[5] - Net profit attributable to shareholders decreased by 22.55% to CNY 4,410,272.62 from CNY 5,694,498.56 year-on-year[5] - Basic and diluted earnings per share both fell by 28.57% to CNY 0.05 from CNY 0.07 in the same period last year[5] - Total revenue for Q1 2023 reached ¥186,121,832.36, an increase of 24.6% compared to ¥149,350,221.27 in Q1 2022[25] - Net profit attributable to the parent company for Q1 2023 was ¥4,410,272.62, a decrease of 22.5% from ¥5,694,498.56 in Q1 2022[26] - The total comprehensive income for the first quarter was CNY 4,410,272.62, a decrease from CNY 5,694,498.56 in the previous period, representing a decline of approximately 22.5%[27] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -38,524,765.10, worsening from CNY -13,627,808.24 in the previous year[5] - Cash inflow from operating activities totaled CNY 179,395,553.00, compared to CNY 141,591,978.31 in the previous year, reflecting an increase of 26.6%[29] - Cash outflow for investing activities was CNY 20,728,979.05, significantly lower than CNY 71,771,536.29 in the previous period, indicating a decrease of 71.2%[30] - Cash inflow from financing activities was CNY 41,200,000.00, up from CNY 10,000,000.00 in the previous year, marking a substantial increase of 312%[30] - The net cash flow from financing activities was CNY 25,064,299.26, a recovery from negative CNY 10,775,607.54 in the same period last year[30] - The ending cash and cash equivalents balance was CNY 65,143,711.09, compared to CNY 42,808,515.76 at the end of the previous year, showing an increase of 52.1%[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,227,387,436.26, a slight decrease of 0.37% from CNY 1,231,909,381.18 at the end of the previous year[5] - Total liabilities decreased to ¥436,701,508.13 from ¥445,952,360.34, a reduction of 2.8%[24] - Current liabilities totaled ¥295,694,124.85, down from ¥303,231,552.16, a decrease of 2.0%[24] Shareholder Information - The company reported a total of 3,611 common shareholders at the end of the reporting period[11] - The largest shareholder, Tang Weizhong, holds 38.07% of the shares, totaling 31,982,578 shares[11] Acquisition Plans - The company plans to acquire 100% equity of Zhejiang Tiger Environmental Co., Ltd. for a transaction price of RMB 910 million[15] - The stock issuance price for the acquisition is set at RMB 25.28 per share, which is not less than 80% of the average trading price over the previous 20 trading days[15] - The company will issue shares to raise no more than RMB 560 million to support the acquisition, not exceeding 30% of the total share capital prior to the issuance[15] - The transaction is classified as a major asset restructuring but will not change the actual controller of the company[19] Market and Growth Potential - The acquisition will allow the company to enter the rapidly growing market of household waste classification and resource utilization, improving its risk resistance[18] - The integration with Tiger Environmental is expected to create synergies in branding, channels, and technology, enhancing the company's competitiveness in the "waste-free city" construction services[18] - The company expects to enhance its financial status and profitability post-acquisition, with an increase in total assets, net assets, revenue, and profit levels[20] Operational Metrics - Operating costs for Q1 2023 were ¥167,599,556.10, up 24.8% from ¥134,342,350.46 in the same period last year[25] - Accounts receivable increased to ¥508,956,758.22 from ¥488,195,265.88, reflecting a growth of 4.0%[22] - The company reported a significant increase in inventory, rising to ¥35,219,418.33 from ¥26,659,817.00, an increase of 32.3%[23] - Research and development expenses for Q1 2023 were ¥4,305,470.43, down 25.6% from ¥5,784,190.47 in Q1 2022[26] Other Information - The company did not report any new product launches or technological advancements during this quarter[31] - The first quarter report was not audited, indicating that the figures may be subject to change upon final review[31]