中电环保(300172) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥203,725,403.23, a decrease of 22.95% compared to ¥264,415,980.72 in the same period last year[5] - Net profit attributable to shareholders was ¥31,680,517.24, an increase of 8.23% from ¥29,271,962.47 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥26,837,891.04, reflecting a growth of 30.09% compared to ¥20,630,627.73 in the previous year[5] - The company's basic earnings per share for Q1 2024 were ¥0.0468, an increase of 8.08% from ¥0.0433 in the same period last year[5] - Net profit for Q1 2024 reached CNY 33,984,525.64, representing a 20% increase from CNY 28,290,237.97 in Q1 2023[32] - Earnings per share for Q1 2024 were CNY 0.0468, compared to CNY 0.0433 in Q1 2023, reflecting a growth of 10.1%[32] Cash Flow - The net cash flow from operating activities increased by 87.30%, reaching ¥64,148,822.53, up from ¥34,249,797.38 in the same period last year[5] - Operating cash flow for Q1 2024 was CNY 64,148,822.53, significantly higher than CNY 34,249,797.38 in the previous year[33] - The cash inflow from operating activities totaled CNY 255,936,738.47, down from CNY 290,799,330.99 in the same quarter last year[33] - Cash inflow from financing activities was zero in Q1 2024, compared to ¥142 million in Q1 2023, indicating a shift in financing strategy[35] - The net cash flow from financing activities was negative at ¥52.07 million in Q1 2024, contrasting with a positive net flow of ¥19.44 million in Q1 2023[35] - The total cash and cash equivalents at the end of Q1 2024 reached ¥349.05 million, up from ¥193.22 million at the end of Q1 2023, showing a strong liquidity position[35] - The company’s cash and cash equivalents increased by ¥130.32 million in Q1 2024, compared to an increase of ¥86.32 million in Q1 2023, demonstrating improved cash generation[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,829,373,685.28, a decrease of 2.17% from ¥2,892,024,073.44 at the end of the previous year[5] - The company's total liabilities decreased to CNY 917,940,351.18 from CNY 1,014,712,405.24 year-over-year, indicating a reduction of approximately 9.5%[28] - The total equity attributable to shareholders increased to CNY 1,861,803,939.55 from CNY 1,830,123,422.31, marking a growth of 1.7%[28] - Total current assets amount to CNY 1,898,063,207.37, a decrease from CNY 1,934,083,308.87 at the beginning of the period[27] - Total non-current assets decreased to CNY 931,310,477.91 from CNY 957,940,764.57[27] Shareholder Information - Total number of common shareholders at the end of the reporting period is 60,735[24] - The largest shareholder, Wang Zhengfu, holds 28.22% of shares, totaling 190,985,605 shares[24] - The company has not reported any changes in the top 10 shareholders due to margin trading activities[25] - The company has a total of 153,197,613 restricted shares, all subject to management lock-up[26] Operating Costs and Expenses - The company's operating costs decreased by 30.53% to ¥140,636,000.00, attributed to reduced income from industrial water treatment projects[15] - Total operating costs for Q1 2024 were CNY 176,875,910.24, down 26.7% from CNY 241,186,475.73 in Q1 2023[31] - Research and development expenses for Q1 2024 were CNY 10,641,739.87, up 11.3% from CNY 9,562,287.85 in the previous year[31] Investment Performance - The net cash flow from investing activities surged by 262.35% to ¥118,239,000.00, mainly due to a reduction in the purchase of financial products[22] - The company reported a significant increase in investment income of CNY 959,200.68, compared to CNY 1,732,874.17 in Q1 2023[31] - The cash inflow from investment activities totaled ¥215.90 million in Q1 2024, compared to ¥328.70 million in Q1 2023, reflecting a decrease in investment inflows[35] Other Financial Information - The company reported a significant increase in credit impairment losses, which rose by 3,402.26% to ¥8,490,100.00, due to increased collections of long-aged receivables[19] - The cash outflow for the acquisition of fixed assets and other long-term assets was ¥629.43 thousand in Q1 2024, down from ¥1.57 million in Q1 2023, indicating reduced capital expenditure[35] - The cash paid for debt repayment was ¥50 million in Q1 2024, compared to ¥120 million in Q1 2023, indicating a reduction in debt servicing[35] - The first quarter report for 2024 was not audited, which may impact the reliability of the financial data presented[36]