Financial Performance - The company's revenue for Q1 2024 was ¥82,193,114.53, representing a 3.46% increase compared to ¥79,446,340.62 in the same period last year[5] - Net profit attributable to shareholders was ¥33,102,284.91, up 7.29% from ¥30,853,174.84 year-on-year[5] - Basic earnings per share decreased by 19.61% to ¥0.41 from ¥0.51 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 82,193,114.53, an increase of 3.3% compared to CNY 79,446,340.62 in Q1 2023[21] - Net profit for Q1 2024 was CNY 33,415,581.58, up 6.0% from CNY 31,527,030.00 in the same period last year[22] - Earnings per share (EPS) for Q1 2024 was CNY 0.41, compared to CNY 0.51 in Q1 2023[23] Cash Flow - The net cash flow from operating activities was -¥450,733.54, a decrease of 101.42% compared to ¥31,740,832.31 in the previous year[5] - Total cash inflow from operating activities decreased to 84,533,909.10 yuan, down 17.6% from 102,556,374.44 yuan in the previous period[26] - Cash outflow from operating activities increased to 84,984,642.64 yuan, up 20% from 70,815,542.13 yuan in the previous period[26] - Cash flow from investment activities resulted in a net outflow of -13,273,011.37 yuan, compared to -23,203,103.36 yuan in the previous period, indicating a reduced investment expenditure[26] - Cash flow from financing activities showed a net outflow of -2,450,081.78 yuan, a decrease from a net inflow of 876,136,507.06 yuan in the previous period[26] - The ending balance of cash and cash equivalents is 1,057,228,320.21 yuan, down from 1,126,419,916.71 yuan in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,523,730,843.29, an increase of 1.08% from ¥1,507,436,027.59 at the end of the previous year[5] - Total liabilities decreased to CNY 44,697,428.09 from CNY 59,392,112.19, a decline of 24.8%[19] - The company's cash and cash equivalents decreased to ¥1,060,470,851.80 from ¥1,077,396,164.22, reflecting a decline of approximately 1.2%[17] - The total number of ordinary shareholders at the end of the reporting period was 8,035[11] Accounts and Inventory - Accounts receivable increased by ¥1,533,500, a growth of 1773.82%, due to an increase in bill settlement business[8] - Inventory rose by ¥12,458,300, a 557.99% increase, primarily due to increased procurement of inventory goods[8] - Accounts receivable increased to ¥149,625,184.10 from ¥138,231,547.52, representing a growth of about 8.9%[17] - The company reported a significant increase in notes receivable, rising to ¥1,619,919.48 from ¥86,450.00, indicating a substantial growth[17] Shareholder Information - The total number of shares held by the top 10 unrestricted shareholders amounts to 62,000,000 shares, with no changes reported during the period[15] - The company has a total of 29,100,000 shares under lock-up until October 4, 2026, which may impact future liquidity[14] - The company plans to release 2,000,000 shares from employee strategic placement on April 4, 2024, potentially affecting stock availability[15] - The company has not disclosed any related party relationships among the top 10 shareholders, indicating a lack of transparency in ownership[15] - The company has not reported any changes in the participation of major shareholders in margin financing activities[15] Strategic Focus and Development - The company’s strategic focus includes employee participation in asset management plans, which may enhance employee engagement and retention[15] - The company has not indicated any new product developments or market expansion strategies in the current report[15] Expenses - Total operating costs decreased to CNY 44,259,142.06 from CNY 46,429,762.64, representing a reduction of 4.7%[21] - Research and development expenses increased to CNY 4,816,493.97 from CNY 4,350,453.58, reflecting a growth of 10.7%[22] - The company paid 20,600,526.57 yuan to employees, an increase from 18,726,042.73 yuan in the previous period[26] - The company paid 9,009,490.66 yuan in taxes, down from 14,491,445.03 yuan in the previous period[26] Financial Income - Financial expenses decreased by ¥6,971,500, a decline of 861.53%, mainly due to increased interest income[9] - The company reported a financial income of CNY 7,789,659.53, significantly higher than CNY 844,687.45 in the previous year[22] - Cash received from tax refunds decreased by ¥1,950,000, a drop of 56.79%, due to reduced VAT refunds[10]
国泰环保(301203) - 2024 Q1 - 季度财报