江南水务(601199) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 295,448,559.88, representing a year-on-year increase of 0.61%[4] - The net profit attributable to shareholders for Q1 2024 was CNY 84,118,512.26, reflecting a growth of 14.33% compared to the same period last year[4] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.0899, up by 14.23% year-on-year[4] - Total operating revenue for Q1 2024 was CNY 295,448,559.88, a slight increase from CNY 293,667,210.41 in Q1 2023, representing a growth of approximately 0.6%[20] - Net profit for Q1 2024 reached CNY 84,118,512.26, compared to CNY 73,573,673.95 in Q1 2023, reflecting a growth of approximately 14.3%[21] - Earnings per share for Q1 2024 were CNY 0.0899, an increase from CNY 0.0787 in Q1 2023, marking a rise of about 14.2%[21] - Operating profit for Q1 2024 reached CNY 46,670,836, up 82.5% from CNY 25,585,802 in Q1 2023[32] - Net profit for Q1 2024 was CNY 39,973,711, representing a 106.5% increase from CNY 19,353,475 in Q1 2023[32] - The total comprehensive income for Q1 2024 was CNY 38,895,308, compared to CNY 19,526,084 in Q1 2023[33] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 50.72%, amounting to CNY 58,442,139.80[4][6] - In Q1 2024, the company generated cash inflows from operating activities amounting to CNY 334,929,711.49, an increase of 9.5% compared to CNY 306,101,209.37 in Q1 2023[24] - The net cash flow from operating activities for Q1 2024 was CNY 58,442,139.80, representing a significant increase of 50.9% from CNY 38,774,506.02 in Q1 2023[24] - The company reported cash outflows from investment activities totaling CNY 308,694,769.12 in Q1 2024, compared to CNY 124,991,439.25 in the same period last year, resulting in a net cash outflow of CNY 183,961,342.36[25] - The company's cash flow from operating activities generated CNY 90,855,831, a significant improvement from a negative cash flow of CNY 16,550,498 in Q1 2023[33] - The company's net increase in cash and cash equivalents for Q1 2024 was a decrease of CNY 74,999,288.21 compared to a decrease of CNY 25,440,913.23 in Q1 2023[25] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 6,161,606,594.18, an increase of 1.07% from the end of the previous year[4] - The total assets of the company as of March 31, 2024, were CNY 5,602,868,129.41, an increase from CNY 5,426,413,740.34 at the end of 2023[27] - Total liabilities for Q1 2024 were CNY 2,351,877,855.52, a slight decrease from CNY 2,369,625,526.62 in Q1 2023, indicating a reduction of about 0.8%[16] - The company's total liabilities increased to CNY 2,307,318,997.97 as of March 31, 2024, compared to CNY 2,169,759,916.62 at the end of 2023[29] - Non-current assets totaled CNY 4,648,946,832.53 in Q1 2024, up from CNY 4,040,454,117.68 in Q1 2023, representing an increase of approximately 15.1%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period was 28,320[8] - Jiangyin Public Asset Management Co., Ltd. and Jiangyin Public Utilities Group Co., Ltd. are the largest shareholders, each holding 272,938,876 shares, representing 29.18% of total shares[9] - The company has not reported any changes in the shareholding structure due to securities lending activities during the reporting period[10] - The company has not issued any new shares or repurchased shares during the reporting period[10] Investment and Future Outlook - The company anticipates continued growth in revenue and profitability in the upcoming quarters, driven by operational improvements and market expansion strategies[4] - The company plans to purchase Jiangyin Rural Commercial Bank's convertible bonds using up to 600 million RMB, and will convert these bonds into equity, resulting in ownership of 141,819,494 shares, or 5.76% of the bank's total equity[11][12] - The company continues to focus on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided content[19] Research and Development - Research and development expenses decreased to CNY 1,036,931 from CNY 1,876,811 in Q1 2023, a reduction of 44.8%[32] Other Financial Metrics - The company reported investment income of CNY 19,866,771.57 for Q1 2024, significantly higher than CNY 4,151,458.42 in Q1 2023, reflecting a growth of approximately 378.5%[20] - The company reported a financial income of CNY 21,989,607, down from CNY 23,244,692 in Q1 2023[32] - The company did not apply new accounting standards for the year 2024[35]