绿城水务(601368) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 542,581,457.60, representing a year-on-year increase of 7.53%[5]. - Total operating revenue for Q1 2024 reached CNY 542,581,457.60, an increase of 7.8% compared to CNY 504,575,376.29 in Q1 2023[18]. - Net profit for Q1 2024 was CNY 20,937,714.48, a decrease of 31.7% from CNY 30,643,965.14 in Q1 2023[19]. - Operating profit for Q1 2024 was CNY 24,069,153.76, down 29.3% from CNY 34,065,626.12 in Q1 2023[19]. - Basic earnings per share decreased by 31.67% to CNY 0.0237, reflecting the decline in net profit[5][9]. - Earnings per share for Q1 2024 was CNY 0.0237, compared to CNY 0.0347 in Q1 2023[19]. Cash Flow - The net cash flow from operating activities dropped significantly by 68.85% to CNY 57,504,386.78, indicating a decrease in cash received from sales and services[5][9]. - In Q1 2024, the net cash flow from operating activities was ¥57,504,386.78, a decrease of 68.9% compared to ¥184,584,278.18 in Q1 2023[22]. - Total cash inflow from operating activities in Q1 2024 was ¥459,749,159.23, down 29.5% from ¥652,353,073.56 in Q1 2023[22]. - Cash outflow from operating activities in Q1 2024 was ¥402,244,772.45, a decrease of 14% compared to ¥467,768,795.38 in Q1 2023[22]. - The net cash flow from investing activities was -¥399,266,798.08 in Q1 2024, an improvement from -¥562,492,205.62 in Q1 2023[23]. - Cash inflow from financing activities in Q1 2024 was ¥901,030,479.30, an increase of 34.7% from ¥668,498,616.11 in Q1 2023[23]. - The net cash flow from financing activities was ¥413,496,564.75 in Q1 2024, a slight decrease of 6.7% compared to ¥443,045,623.07 in Q1 2023[23]. - The ending balance of cash and cash equivalents was ¥828,947,936.36 in Q1 2024, down from ¥907,370,252.80 in Q1 2023[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 21,516,667,015.72, an increase of 1.86% from the end of the previous year[6]. - As of March 31, 2024, total assets amounted to CNY 21,516,667,015.72, an increase from CNY 21,124,520,001.43 as of December 31, 2023, reflecting a growth of approximately 1.85%[14]. - Total liabilities as of Q1 2024 amounted to CNY 16,819,294,910.01, an increase from CNY 16,448,085,610.20 in the previous year[17]. - Total equity attributable to shareholders reached CNY 4,697,372,105.71, slightly up from CNY 4,676,434,391.23 in Q1 2023[17]. Costs and Expenses - Total operating costs for Q1 2024 were CNY 523,332,789.97, up 11.1% from CNY 471,093,555.22 in Q1 2023[18]. - Research and development expenses for Q1 2024 were CNY 980,811.22, an increase from CNY 505,665.89 in Q1 2023[18]. - Financial expenses for Q1 2024 were CNY 109,042,276.90, compared to CNY 105,709,955.32 in Q1 2023[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,480[10]. - The company has not reported any significant changes in the shareholding structure or any related party transactions during the reporting period[13]. Operational Insights - The company attributed the decline in net profit to increased costs related to depreciation, maintenance, and financial expenses due to new water supply and sewage treatment projects coming into operation[9]. - There are no significant reminders or additional important information regarding the company's operational status during the reporting period[13].