中原环保(000544) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,542,772,481, a decrease of 4.03% compared to ¥1,607,585,857 in the same period last year[4] - Net profit attributable to shareholders increased by 50.34% to ¥417,803,311.22 from ¥277,904,424.27 year-on-year[4] - The net profit after deducting non-recurring gains and losses surged by 187.91% to ¥414,281,108.96 compared to ¥143,894,334.84 in the previous year[4] - Total operating revenue for Q1 2024 was CNY 1,542,772,481, a decrease of 4.02% compared to CNY 1,607,585,857.37 in Q1 2023[16] - Net profit for Q1 2024 was CNY 438,820,860.05, an increase of 53.06% compared to CNY 286,697,342.87 in Q1 2023[18] - Earnings per share (EPS) for Q1 2024 was CNY 0.4287, up from CNY 0.2851 in the same period last year[18] Cash Flow and Liquidity - Cash flow from operating activities improved significantly, reaching ¥16,870,420.53, a 102.21% increase from -¥762,164,901.99 in the same period last year[4] - The cash inflow from operating activities for Q1 2024 was CNY 1,067,063,605.53, an increase of 55% compared to CNY 689,330,036.58 in the same period last year[19] - The net cash flow from operating activities was CNY 16,870,420.53, a significant improvement from a negative CNY 762,164,901.99 in Q1 2023[19] - Cash inflow from financing activities totaled CNY 3,592,796,132.03, up from CNY 3,017,208,238.33 year-over-year[20] - The net cash flow from financing activities was CNY 412,190,594.20, a decrease of 57.6% compared to CNY 971,906,341.59 in the previous year[20] - The total cash and cash equivalents at the end of Q1 2024 amounted to CNY 1,682,474,973.99, down from CNY 3,557,487,378.08 at the end of Q1 2023[20] - The cash outflow from investing activities was CNY 311,438,352.98, compared to CNY 608,234,292.29 in the same period last year, indicating a reduction of 48.8%[19] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥37,428,155,295.66, reflecting a 1.63% increase from ¥36,827,533,859.85 at the end of the previous year[4] - Total current assets as of March 31, 2024, amounted to CNY 6,961,348,403.13, an increase from CNY 6,902,037,054.44 at the beginning of the period, reflecting a growth of approximately 0.86%[14] - Accounts receivable decreased to CNY 3,931,977,903.77 from CNY 4,106,373,132.26, indicating a decline of approximately 4.25%[14] - Total liabilities decreased slightly to CNY 28,133,794,206.74 from CNY 28,424,597,379.82 in the previous year[16] - Non-current assets totaled CNY 12,000,000,000, with fixed assets valued at CNY 2,367,075,783.68, down from CNY 2,408,092,566.62, a decrease of around 1.7%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,864, with the largest shareholder holding 68.73% of the shares[10] - The company reported a total of 669,855,147 shares held by its largest shareholder, Zhengzhou Public Utilities Investment Development Group Co., Ltd.[11] - Shareholders' equity attributable to the parent company rose by 12.27% to ¥8,423,337,965.28 from ¥7,503,065,522.66 at the end of the last year[4] - The equity attributable to shareholders of the parent company rose to CNY 8,423,337,965.28, up from CNY 7,503,065,522.66 year-over-year[16] Inventory and Costs - Inventory increased by 136.36% to ¥96,156,548.10 due to ongoing construction projects and rising contract performance costs[8] - Total operating costs decreased to CNY 1,071,337,056.33, down 18.63% from CNY 1,316,494,277.95 in the previous year[16] - Inventory saw a significant increase to CNY 96,156,548.10 from CNY 40,681,469.28, marking a growth of about 136%[14] Research and Development - Research and development expenses increased to CNY 21,024,143.91, compared to CNY 17,793,088.94 in Q1 2023, reflecting a focus on innovation[16] Strategic Initiatives - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development and strategic initiatives[13] - The company is actively exploring potential mergers and acquisitions to strengthen its market position and drive future growth[13] Other Income and Expenses - The company reported a significant decrease in other income, which fell by 68.91% to ¥5,049,461.97 compared to ¥16,243,712.32 in the previous year[8] - The company reported a significant reduction in credit impairment losses, with a loss of CNY -907,216.29 compared to a gain of CNY 79,409,138.52 in the previous year[18] Additional Notes - The company did not report any significant new product launches or technological advancements during this quarter[21] - The first quarter report was not audited, indicating that the figures may be subject to change upon final review[21]