武汉控股(600168) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 809,049,332.19, representing a year-on-year increase of 22.51%[5] - The net profit attributable to shareholders was CNY 49,321,752.39, with a significant increase of 300.11% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 40,887,427.38, reflecting a year-on-year increase of 259.00%[8] - The basic and diluted earnings per share were both CNY 0.07, indicating a 333.33% increase compared to the same period last year[9] - Total operating revenue for Q1 2024 reached ¥809,049,332.19, a 22.4% increase from ¥660,420,685.37 in Q1 2023[18] - Net profit for Q1 2024 was ¥49,235,723.23, compared to a net loss of ¥24,807,083.72 in Q1 2023, marking a significant turnaround[20] - Operating profit for Q1 2024 was ¥50,176,222.14, a recovery from an operating loss of ¥30,076,386.85 in Q1 2023[18] - Basic earnings per share for Q1 2024 were ¥0.07, compared to a loss of ¥0.03 per share in Q1 2023[20] Cash Flow - The net cash flow from operating activities was negative at CNY -435,197,623.95, primarily due to reduced wastewater treatment fees received[9] - Cash flow from operating activities for Q1 2024 was negative at -¥435,197,623.95, worsening from -¥101,894,055.11 in Q1 2023[23] - Cash flow from investing activities for Q1 2024 was negative at -¥433,195,141.47, compared to -¥448,434,812.50 in Q1 2023[24] - Cash flow from financing activities for Q1 2024 was positive at ¥401,792,935.83, slightly up from ¥394,760,481.82 in Q1 2023[24] - The company reported cash received from operating activities of $20.00 million in Q1 2024, down from $53.45 million in Q1 2023, reflecting a decrease of approximately 62.6%[32] - The company incurred cash payments for purchasing goods and services amounting to $39.35 million in Q1 2024, an increase from $33.95 million in Q1 2023, representing a rise of about 15.5%[32] - The company’s cash outflow for employee payments was $21.16 million in Q1 2024, slightly up from $20.29 million in Q1 2023, indicating a year-over-year increase of approximately 4.3%[32] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 22,591,926,834.80, a slight increase of 0.35% from the end of the previous year[6] - The company's current assets totaled RMB 7,867,742,570.80, compared to RMB 7,786,858,758.95 at the end of 2023, indicating an increase of about 1.04%[13] - The company's short-term borrowings rose to RMB 4,113,995,769.42 from RMB 3,790,077,172.49, representing an increase of approximately 8.2%[15] - The total liabilities of the company were RMB 17,074,567,479.13, slightly up from RMB 17,045,001,252.13, showing a marginal increase of about 0.17%[15] - The company's equity attributable to shareholders reached RMB 5,292,911,581.59, up from RMB 5,243,589,829.20, reflecting an increase of approximately 0.94%[15] - The company's total assets decreased from CNY 6,679,719,045.37 as of December 31, 2023, to CNY 6,617,372,082.90 as of March 31, 2024, representing a decline of approximately 0.93%[28] - The company's total liabilities decreased from CNY 3,475,798,508.19 to CNY 3,421,965,231.84, reflecting a reduction of approximately 1.5%[28] Shareholder Information - The major shareholders include Wuhan Water Group Co., Ltd. with a 40.18% stake and Changjiang Ecological Environmental Group Co., Ltd. with a 15.00% stake[11] - The company reported a total of 33,695 common shareholders at the end of the reporting period[11] Future Plans - The company plans to continue expanding its market presence and enhance its wastewater treatment capabilities, driven by increased demand for services[8] Inventory and Receivables - The company reported a significant increase in accounts receivable, which rose to RMB 4,927,362,476.83 from RMB 4,406,302,046.57, marking an increase of about 11.8%[13] - The inventory level increased to RMB 97,460,332.54 from RMB 21,993,338.81, indicating a substantial rise of approximately 342.5%[14] - The company's accounts receivable increased from CNY 46,833,452.15 to CNY 93,860,667.51, representing a growth of approximately 100.4%[27] - The company's inventory increased from CNY 12,680,553.04 to CNY 14,751,407.30, an increase of about 16.4%[27] Research and Development - The company reported a significant decrease in research and development expenses, which fell to ¥12,282,888.08 from ¥23,103,930.19 in Q1 2023[18]