中环环保(300692) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 220,376,659.97, representing a 9.77% increase compared to CNY 200,757,141.95 in the same period last year[4] - Net profit attributable to shareholders decreased by 28.22% to CNY 32,015,750.41 from CNY 44,603,925.82 year-on-year[4] - Basic earnings per share decreased by 28.21% to CNY 0.0756 from CNY 0.1053 in the same period last year[4] - Net profit for Q1 2024 was CNY 33,513,581.01, a decrease of 27.2% compared to CNY 45,996,293.67 in the same period last year[22] - The total comprehensive income for Q1 2024 was CNY 33,513,581.01, down from CNY 45,996,293.67, reflecting a decrease of approximately 27.2%[23] Cash Flow - Operating cash flow net amount fell by 44.08% to CNY 21,726,421.60 compared to CNY 38,850,853.61 in the previous year[4] - Net cash flow from operating activities decreased by 44.08% to CNY 21,726,421.60, down from CNY 38,850,853.61 in Q1 2023[10] - Cash inflow from operating activities totaled $203.34 million, down 20% from $254.18 million in the previous period[25] - Net cash flow from operating activities decreased to $21.73 million, a decline of 44% compared to $38.85 million last year[25] - Cash inflow from investment activities was $97.55 million, down 26% from $131.44 million in the previous period[26] - Net cash flow from investment activities was -$26.91 million, an improvement from -$71.12 million in the previous period[26] - Cash inflow from financing activities increased to $550.78 million, up 33% from $414.43 million last year[26] - Net cash flow from financing activities rose to $349.44 million, an increase of 30% compared to $270.00 million in the previous period[26] - The ending cash and cash equivalents balance was $555.90 million, down 11% from $623.41 million at the end of the previous period[26] Assets and Liabilities - Total assets increased by 5.82% to CNY 7,019,632,984.15 from CNY 6,633,628,145.75 at the end of the previous year[5] - Total liabilities rose to CNY 4,555,311,099.33, compared to CNY 4,169,389,629.04, indicating an increase of about 9.2%[19] - The company's equity attributable to shareholders decreased slightly by 0.08% to CNY 2,248,862,265.74 from CNY 2,250,657,672.73 at the end of last year[5] - Long-term borrowings rose by 27.37% to CNY 2,040,962,939.44, up from CNY 1,602,356,736.33[9] Operational Costs - Operating costs rose by 15.21% to CNY 127,408,033.00, up from CNY 110,584,102.00 in the same period last year[10] - Operating costs amounted to CNY 184,257,229.33, up from CNY 162,500,962.36, reflecting a cost increase of approximately 13.5%[20] Research and Development - Research and development expenses decreased by 15.14% to CNY 2,961,004.60 from CNY 3,489,259.63 in the same quarter last year[10] - Research and development expenses for the quarter were CNY 2,961,004.60, down from CNY 3,489,259.63, indicating a reduction of about 15.1%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,333[12] - The top shareholder, Zhang Bozhong, holds 15.47% of the shares, totaling 65,565,434 shares[12] Strategic Initiatives - The company has not disclosed any new product developments or market expansion strategies in this report[4] - The company is focusing on expanding its market presence and enhancing its product offerings through strategic investments and potential acquisitions[15] - The company’s board meetings have approved various strategic initiatives aimed at improving shareholder value and operational performance[15] Miscellaneous - The company reported non-recurring gains and losses totaling CNY 251,633.45 for the period[6] - The company reported a financial asset impairment loss of CNY 981,747.07, compared to a gain of CNY 912,979.72 in the previous period[22] - The company did not undergo an audit for the first quarter report[27]