联泰环保(603797) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥265,721,073.87, representing a decrease of 23.97% compared to the same period last year[4] - Net profit attributable to shareholders was ¥55,567,318.18, down 11.74% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥62,871,250.04, an increase of 3.09% compared to the previous year[4] - Total operating revenue for Q1 2024 was CNY 265,721,073.87, a decrease of 24% compared to CNY 349,490,397.55 in Q1 2023[24] - Net profit for Q1 2024 was CNY 57,862,578.33, a decline of 13% from CNY 66,374,016.18 in Q1 2023[26] - Earnings per share for Q1 2024 were CNY 0.10, compared to CNY 0.11 in Q1 2023[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,462,942,940.40, reflecting a 1.83% increase from the end of the previous year[5] - Total assets as of Q1 2024 amounted to CNY 10,462,942,940.40, an increase from CNY 10,274,414,572.67 in the previous period[21] - Total liabilities for Q1 2024 were CNY 7,204,656,387.65, compared to CNY 7,074,072,504.21 in Q1 2023[21] - The company reported a significant increase in accounts receivable by 12.61% due to delayed payments during the reporting period[7] - The company experienced a 55.51% increase in current liabilities due to the reclassification of convertible bonds maturing in January 2025[7] Cash Flow - The net cash flow from operating activities was ¥45,973,381.98, with no applicable comparison due to changes in financial reporting[4] - In Q1 2024, the net cash flow from operating activities was $45,973,381.98, a significant improvement from a net loss of $34,335,920.01 in Q1 2023[30] - Total cash inflow from operating activities decreased to $157,365,000.08 in Q1 2024, down 40% from $262,840,888.44 in Q1 2023[30] - Cash outflow from operating activities also decreased to $111,391,618.10 in Q1 2024, compared to $297,176,808.45 in Q1 2023, reflecting a reduction of approximately 62%[30] - The net cash flow from investing activities was $13,186,506.17 in Q1 2024, compared to a net outflow of $8,424,045.67 in Q1 2023[32] - Cash inflow from financing activities increased to $307,000,000.00 in Q1 2024, up 80.59% from $170,000,000.00 in Q1 2023[32] Shareholder Information - Shareholders' equity attributable to the parent company was ¥3,099,792,346.09, also up 1.83% from the previous year[5] - The company’s major shareholders include Guangdong Lian Tai Group Co., Ltd. with a 44.60% stake and Shenzhen Lian Tai Investment Group Co., Ltd. with a 12.23% stake[14] - The actual controllers of the company hold a combined 56.83% stake through their holdings in Guangdong Lian Tai Group Co., Ltd.[14] - The company has completed its stock repurchase plan, acquiring shares that account for 1.35% of the total share capital[14] Non-Recurring Items - Non-recurring gains and losses included government subsidies amounting to ¥495,395.99, while other non-operating income and expenses resulted in a loss of ¥9,062,897.40[6] - The company reported a credit impairment loss of CNY 11,430,767.33 in Q1 2024, compared to CNY 9,495,466.89 in Q1 2023[24] Corporate Social Responsibility - The company donated ¥9,000,000 to the Shantou Charity Association to support local public welfare initiatives, aligning with its corporate social responsibility goals[15] Audit and Governance - The board approved the continuation of the audit services by Lixin Certified Public Accountants for the fiscal year 2024[17] - The company decided not to adjust the conversion price of its convertible bonds, maintaining investor confidence amid market fluctuations[15]