惠城环保(300779) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 297,941,945.30, representing a 23.60% increase compared to CNY 241,061,638.28 in the same period last year[5] - Net profit attributable to shareholders decreased by 43.18% to CNY 20,535,628.95 from CNY 36,142,617.27 year-on-year[5] - The net profit after deducting non-recurring gains and losses fell by 44.48% to CNY 19,531,207.53 compared to CNY 35,177,877.88 in the previous year[5] - Basic earnings per share decreased by 57.14% to CNY 0.15 from CNY 0.35 in the same period last year[5] - Diluted earnings per share also fell by 53.13% to CNY 0.15 from CNY 0.32 year-on-year[5] - The weighted average return on equity decreased to 1.55% from 4.49% in the previous year[5] - Total operating revenue for the current period reached ¥297,941,945.30, an increase of 23.5% compared to ¥241,061,638.28 in the previous period[26] - Net profit for the current period was ¥23,208,525.79, a decrease of 40.7% from ¥39,172,528.19 in the previous period[26] - The total comprehensive income for the current period was ¥23,443,092.88, down from ¥38,830,176.23 in the previous period[27] Cash Flow and Assets - Operating cash flow net amount increased significantly by 97.88% to CNY 10,776,316.10 from CNY 5,445,809.03 year-on-year[5] - Cash flow from operating activities generated a net amount of ¥10,776,316.10, compared to ¥5,445,809.03 in the previous period, indicating a significant improvement[30] - The company reported an increase in cash and cash equivalents to RMB 473,034,983.71 from RMB 425,630,848.03, an increase of approximately 11.1%[22] - The company reported a net cash increase of ¥51,908,562.69 in cash and cash equivalents, compared to an increase of ¥31,848,468.84 in the previous period[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,959[11] - The company did not distribute cash dividends or bonus shares for the 2022 fiscal year[15] - The total number of restricted shares at the end of the period is 33,261,187 shares, with 6,750,000 shares released during the period[14] - The company has a total of 40,011,187 restricted shares at the beginning of the period[14] - The company’s major shareholder, Zhang Xinguang, holds 33,045,187 restricted shares after the release[14] - The company’s stockholders include several individuals with varying percentages of ownership, with the largest being Zhang Xinguang at 11,015,063 shares[12] Liabilities and Equity - The company's total liabilities increased to RMB 2,019,921,500.93 from RMB 1,916,592,493.50, showing an increase of about 5.38%[23] - The company's equity attributable to shareholders rose to RMB 1,328,203,544.37 from RMB 1,319,482,914.66, reflecting a slight increase of approximately 0.06%[24] - Short-term borrowings decreased from RMB 133,632,852.65 to RMB 92,495,212.65, a reduction of about 30.8%[23] Investments and Projects - The company approved an investment of up to RMB 394 million for a 10,000-ton green electricity storage material project, which is currently under construction[20] - The company has issued convertible bonds since July 26, 2021, with a conversion period until July 6, 2027[15] Market Strategy - The company’s management indicated plans for market expansion and new product development in the upcoming quarters[32]