富春环保(002479) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥995,451,563.13, representing a 5.99% increase compared to ¥939,199,160.54 in the same period last year[2] - Net profit attributable to shareholders was ¥19,028,135.97, up 14.71% from ¥16,588,271.99 year-on-year[2] - The net cash flow from operating activities increased by 63.82% to ¥33,311,263.61, compared to ¥20,334,102.97 in the previous year[2] - The total operating revenue for the first quarter of 2024 was RMB 995,451,563.13, an increase of 6.5% compared to RMB 939,199,160.54 in the same period last year[15] - The net profit for the first quarter of 2024 was CNY 36,021,511.93, an increase of 19.9% compared to CNY 30,053,772.62 in the same period last year[16] - Operating profit reached CNY 52,016,966.14, up from CNY 43,018,268.23, reflecting a growth of 20.7% year-over-year[16] - Total revenue from operating activities was CNY 1,125,634,277.17, compared to CNY 870,380,426.26 in the previous year, marking a 29.3% increase[18] - The company reported a total comprehensive income of CNY 36,021,511.93, compared to CNY 30,053,772.62 in the same quarter last year, reflecting a growth of 19.9%[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,597,086,329.91, a decrease of 1.37% from ¥8,716,888,431.19 at the end of the previous year[2] - The total assets of the company as of March 31, 2024, were RMB 8,597,086,329.91, a slight increase from RMB 8,586,808,479.60 at the beginning of the quarter[13] - Total liabilities increased to RMB 4,315,424,357.74 from RMB 4,269,886,727.43, indicating a rise of 1.1%[13] - The company's equity attributable to shareholders rose to RMB 4,009,071,541.92 from RMB 3,987,824,697.88, reflecting an increase of 0.5%[13] - The long-term borrowings increased to RMB 1,128,400,441.35 from RMB 1,006,706,553.84, showing a growth of 12.1%[13] - The total liabilities decreased to CNY 639,684,558.47 from CNY 824,365,195.22, indicating a reduction of 22.4% in financing activities[19] Cash Flow and Expenses - The company's cash and cash equivalents decreased to RMB 707,234,753.58 from RMB 948,954,979.87, representing a decline of 25.4%[11] - The cash flow from operating activities was CNY 33,311,263.61, an increase of 64% from CNY 20,334,102.97 in the previous year[19] - The company incurred financial expenses of CNY 19,316,580.52, a decrease of 6.5% from CNY 20,662,725.62 in the previous year[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,093[8] - The basic and diluted earnings per share remained stable at CNY 0.02 for both periods[17] Other Financial Metrics - The company's weighted average return on equity rose to 0.47%, up from 0.41% in the previous year[2] - Non-recurring gains and losses totaled ¥8,563,756.40 for the period, after accounting for tax effects and minority interests[3] - Accounts receivable financing increased by 62.12% to ¥194,032,000.00, primarily due to an increase in receivables from subsidiaries[6] - Prepayments grew by 58.16% to ¥208,052,600.00, mainly due to increases from subsidiaries[6] - The company reported a decrease of 56.31% in employee compensation payable, attributed to the distribution of 2023 year-end bonuses[6] - The company reported a decrease in employee compensation payable from RMB 39,182,696.10 to RMB 17,118,016.11, a decline of 56.3%[13] - Research and development expenses amounted to CNY 32,968,948.19, up from CNY 30,780,415.81, indicating a growth of 7.1%[16] - Accounts receivable slightly decreased to RMB 235,991,144.96 from RMB 238,641,386.08, a reduction of 1.1%[11] - Inventory increased significantly to RMB 824,227,774.61 from RMB 665,470,392.77, marking a rise of 24%[12]