洪城环境(600461) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,151,040,982.85, representing a 3.90% increase compared to the same period last year[10] - The net profit attributable to shareholders of the listed company reached CNY 323,244,885.34, an increase of 8.65% year-on-year[10] - The net profit after deducting non-recurring gains and losses was CNY 323,190,336.75, reflecting a 14.99% increase compared to the previous year[10] - Total operating revenue for Q1 2024 was approximately ¥2.15 billion, an increase of 3.9% compared to ¥2.07 billion in Q1 2023[39] - Net profit for Q1 2024 reached approximately ¥347.73 million, representing a 9.3% increase from ¥318.29 million in Q1 2023[41] - Total comprehensive income for the first quarter of 2024 was CNY 347,726,804.84, an increase from CNY 318,292,952.51 in the same period of 2023, representing a growth of approximately 9.0%[42] Cash Flow - The net cash flow from operating activities decreased by 29.24% to CNY 237,821,342.93 compared to the same period last year[10] - The net cash flow from operating activities decreased to CNY 1,701,470,471.50 in Q1 2024, down from CNY 2,078,810,822.37 in Q1 2023, reflecting a decline of about 18.2%[48] - The net cash flow from financing activities for Q1 2024 was CNY 291,617,379.82, a decrease from CNY 753,191,137.11 in Q1 2023, indicating a decline of approximately 61.3%[48] - The company reported a net cash outflow from investing activities of CNY -728,200,689.71 in Q1 2024, compared to CNY -989,662,190.25 in Q1 2023, indicating an improvement of about 26.5%[48] Assets and Liabilities - The total assets as of March 31, 2024, amounted to CNY 5,773,005,726.89, compared to CNY 5,549,442,460.15 at the end of 2023[18] - Total assets at the end of the reporting period reached CNY 23,801,918,132.58, reflecting a 3.91% increase from CNY 22,906,128,732.77 at the end of the previous year[30] - Total liabilities amounted to approximately ¥13.97 billion in Q1 2024, slightly up from ¥13.94 billion in Q1 2023[38] - The total equity attributable to shareholders of the listed company increased to CNY 8,780,952,299.42, a rise of 10.63% from CNY 7,937,573,950.64[30] - Shareholders' equity increased to approximately ¥9.83 billion in Q1 2024, compared to ¥8.96 billion in Q1 2023, indicating a growth of 9.7%[38] Earnings Per Share - The company maintained a basic earnings per share of CNY 0.27, consistent with the previous year[10] - The company reported a basic earnings per share of CNY 0.27 for Q1 2024, unchanged from Q1 2023, while diluted earnings per share increased to CNY 0.24 from CNY 0.23[42] - The diluted earnings per share increased to CNY 0.24, up from CNY 0.22 in the previous period, representing a growth of 9.09%[30] Operational Highlights - The company completed the acquisition of 100% equity in Nanchang Industrial Trade Co., Ltd. for CNY 46,717,100, which was included in the consolidated financial statements for the reporting period[4] - The company's inventory increased to CNY 367,935,062.12 from CNY 301,480,055.46 in the previous period[18] - The company reported a government subsidy of CNY 2,207,900.97, which is expected to have a continuous impact on its financial performance[11] - The company's management emphasized ongoing efforts in market expansion and new product development as part of their strategic initiatives moving forward[42] Expenses - Total operating costs for Q1 2024 were approximately ¥1.73 billion, up from ¥1.71 billion in Q1 2023, reflecting a year-over-year increase of 1.0%[39] - Research and development expenses for Q1 2024 were approximately ¥22.96 million, a slight increase from ¥22.62 million in Q1 2023[41] - The company reported a decrease in financial expenses to approximately ¥55.47 million in Q1 2024, down from ¥63.86 million in Q1 2023[41] - Cash outflow for purchasing goods and services was CNY 1,113,074,940.00, down from CNY 1,375,651,307.28, a decrease of 19.1%[26]