路德环境(688156) - 2024 Q1 - 季度财报

Financial Performance - The company achieved operating revenue of CNY 67,954,689.05, representing a year-on-year increase of 21.90%[5] - Net profit attributable to shareholders reached CNY 5,673,773.52, up 54.15% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 5,075,845.74, reflecting an 88.16% increase year-on-year[7] - The basic earnings per share were CNY 0.06, reflecting a 50.00% increase[6] - In Q1 2024, the company reported a net profit of CNY 4,072,055.93, a decrease of 23.4% compared to CNY 5,316,316.94 in Q1 2023[21] - The total comprehensive income attributable to the parent company was CNY 5,673,773.52, compared to CNY 3,680,564.88 in the previous year, reflecting a 54.0% increase[22] Cash Flow - Cash flow from operating activities amounted to CNY 33,903,191.43, a significant increase of 60.86%[5] - Net cash flow from operating activities was 60.86 million, attributed to increased cash receipts from sales and reduced tax payments compared to the previous year[12] - Cash flow from operating activities netted CNY 33,903,191.43, an increase of 60.5% from CNY 21,075,876.30 in Q1 2023[24] - Investment activities resulted in a net cash outflow of CNY 132,056,910.68, contrasting with a net inflow of CNY 32,358,070.69 in the same quarter last year[24] - The company’s cash and cash equivalents at the end of Q1 2024 stood at CNY 183,280,770.50, down from CNY 309,196,335.34 at the end of Q1 2023[25] Revenue and Sales - The sales volume of the liquor pomace bio-fermented feed business was 24,500 tons, a growth of 66.30% year-on-year, with sales revenue of CNY 50,327,200, up 62.99%[8] - Total revenue for Q1 2024 reached ¥67,954,689.05, an increase of 21.5% compared to ¥55,746,772.69 in Q1 2023[20] - The total revenue from operating activities was CNY 142,027,261.14, up 58.2% from CNY 89,780,230.27 in the same period last year[24] Expenses and Costs - Total operating costs for Q1 2024 were ¥67,802,663.70, up from ¥50,064,926.06 in Q1 2023, reflecting a 35.6% increase[20] - Operating costs included ¥47,037,525.39 in operating expenses, which rose from ¥35,586,150.10 in the previous year, indicating a 32.0% increase[20] - Research and development expenses totaled CNY 3,293,268.49, accounting for 4.85% of operating revenue, a decrease of 0.16 percentage points[6] - Research and development expenses increased to CNY 3,293,268.49, representing a 17.8% rise from CNY 2,794,388.84 in Q1 2023[21] - The company reported a significant increase in sales expenses, which rose to CNY 3,395,031.33, up 115.5% from CNY 1,579,196.65 in the previous year[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,677,395,826.72, an increase of 5.53% from the end of the previous year[6] - Current assets totaled ¥749,940,891.58 as of March 31, 2024, down from ¥765,445,931.35 at the end of December 2023[18] - Non-current assets increased to ¥927,454,935.14 from ¥823,979,594.18, representing a growth of 12.6%[18] - Total liabilities were ¥727,243,780.15, up from ¥643,345,534.89, reflecting a 13.1% increase[19] - Shareholders' equity reached ¥950,152,046.57, slightly up from ¥946,079,990.64, indicating a marginal increase[19] Borrowings and Financial Support - Short-term borrowings increased by 33.77% due to additional short-term bank loans taken during the reporting period[11] - The company raised CNY 147,170,000.00 through borrowings, significantly up from CNY 12,500,000.00 in Q1 2023[25] - The company received government subsidies amounting to CNY 788,905.39, contributing positively to the financial results[10] Project and Investment Activities - Construction in progress grew by 42.34% as a result of increased investments in the technology R&D center and various project preparations[11] - The company plans to expand its market presence and enhance its product offerings through ongoing technology development and project investments[15] Accounts Receivable and Other Assets - Accounts receivable increased by 341.30% due to the acceptance bills received during the reporting period[11] - Other current assets rose by 47.84% primarily due to the increase in input VAT from the completed projects of biogas fermentation feed[11] - Accounts receivable decreased to ¥252,984,832.44 from ¥269,439,168.20, a decline of 6.1%[18]