兴源环境(300266) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥174,145,119.85, representing a 9.64% increase compared to ¥158,832,039.69 in the same period last year[5] - The net loss attributable to shareholders was ¥20,034,000.91, a significant improvement of 74.80% from a loss of ¥79,489,614.43 in the previous year[5] - The net cash flow from operating activities was ¥9,916,082.13, a turnaround from a negative cash flow of ¥119,374,514.50, marking an increase of 108.31%[5] - Total operating revenue for Q1 2024 was CNY 174,145,119.85, an increase of 9.3% compared to CNY 158,832,039.69 in the previous period[23] - The company reported a net loss of CNY 2,481,746,136.14, slightly increasing from a loss of CNY 2,461,712,135.23 in the previous period[21] - The net profit for Q1 2024 was -23,891,447.07 CNY, compared to -83,720,055.02 CNY in Q1 2023, showing an improvement of approximately 71.5% year-over-year[24] - Operating profit for Q1 2024 was -12,810,703.74 CNY, significantly better than -82,486,326.57 CNY in the same period last year, indicating a positive trend in operational efficiency[24] - The total comprehensive income for Q1 2024 was -23,891,447.07 CNY, compared to -83,720,055.02 CNY in the same quarter last year, indicating a significant reduction in losses[25] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥9,846,528,193.12, down 3.75% from ¥10,229,698,146.30 at the end of the previous year[5] - Total assets decreased to CNY 9,846,528,193.12 from CNY 10,229,698,146.30, a reduction of 3.7%[21] - Total liabilities decreased to CNY 8,867,190,689.80 from CNY 9,228,347,387.49, a decline of 3.9%[21] - The total equity attributable to shareholders decreased to CNY 259,708,121.15 from CNY 278,859,183.50, a decline of 6.9%[21] Cash Flow - The net cash flow from investing activities was negative at -¥716.91, a 332.30% increase in outflow compared to -¥165.83 in the previous year[11] - Cash and cash equivalents decreased to CNY 566,169,968.49 from CNY 732,468,221.93, a decline of 22.6%[20] - The cash flow from operating activities was not detailed, but the decrease in cash and cash equivalents suggests potential liquidity challenges[20] - Cash flow from operating activities generated a net inflow of 9,916,082.13 CNY, a turnaround from a net outflow of -119,374,514.50 CNY in Q1 2023[25] - The net cash outflow from investing activities was -7,169,060.39 CNY, compared to -1,658,348.00 CNY in Q1 2023, indicating increased investment activity[27] - The net cash outflow from financing activities was -154,676,751.93 CNY, a decrease from a net inflow of 164,474,926.40 CNY in the previous year, reflecting changes in financing strategy[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,823[13] - The largest shareholder, New Hope Investment Group Co., Ltd., holds 23.76% of shares, totaling 369,205,729 shares[13] - The second-largest shareholder, Shanghai Changfu Investment Management Co., Ltd., holds 10.17% of shares, totaling 158,005,112 shares[13] - The company has a total of 0 preferred shareholders at the end of the reporting period[15] - The report indicates that there are no changes in the number of restricted shares for key executives during the period[16] - The total number of shares held by the top ten unrestricted shareholders is 369,205,729 shares[14] - The company has not reported any significant changes in the shareholding structure of the top ten shareholders due to margin trading activities[14] Operational Insights - The company reported a significant decrease in trade financial assets, down 100% to ¥0.00 from ¥10.96[9] - The accounts receivable increased by 64.82% to ¥6,635.75 from ¥4,026.01, attributed to higher bill collections in Q1[9] - The income tax expense surged by 1283.42% to ¥1,069.99 from ¥77.34, primarily due to an increase in deferred tax expenses[10] - Total operating costs decreased to CNY 240,245,124.47 from CNY 259,492,131.95, reflecting a reduction of 7.4%[23] - Research and development expenses increased to CNY 10,250,372.25, up from CNY 9,206,982.11, indicating a growth of 11.3%[23] Future Outlook - The report does not indicate any new product or technology developments during the quarter[17] - There are no plans for market expansion or mergers and acquisitions mentioned in the report[17] - The company has not provided any future performance guidance or outlook in the current report[17]