盈峰环境(000967) - 2024 Q1 - 季度财报

Financial Performance - The total operating revenue for the first quarter of 2024 was CNY 2,998,009,860.25, an increase of 12.2% compared to CNY 2,671,198,594.33 in the same period last year [17]. - The total operating costs for the first quarter of 2024 were CNY 2,758,853,515.05, up from CNY 2,474,321,897.21, reflecting a year-over-year increase of 11.5% [17]. - The net profit for the first quarter of 2024 was CNY 184,689,118.17, compared to CNY 170,240,955.02 in the previous year, representing an increase of 8.5% [19]. - The operating profit for the first quarter of 2024 was CNY 191,528,073.77, which is an increase from CNY 178,219,248.11 in the same quarter last year [19]. - The company reported a basic earnings per share of CNY 0.05 for both the current and previous year [19]. - Net profit attributable to shareholders was ¥172,498,196.39, up 10.31% from ¥156,375,931.23 year-on-year [28]. Cash Flow - Cash inflow from investment activities increased by 170.00% to ¥408,251,923.00, mainly from the disposal proceeds of Foshan Shunhe Environmental Co., Ltd. [5]. - Cash inflow from financing activities surged by 1760.08% to ¥1,233,468,749.99 due to increased bank borrowings [5]. - Cash outflow from financing activities increased by 60.48% to ¥393,238,869.99, driven by repayment of bank loans and acquisition of minority equity [5]. - Net cash flow from operating activities was -¥332,971,774.46, an improvement of 10.73% compared to -¥372,981,710.55 in the previous year [28]. - The company reported a net cash inflow from financing activities of ¥840,229,880.00, compared to a net outflow of -¥178,725,125.50 in the same period last year [26]. - The company recorded a decrease in cash outflow for investment activities to ¥411,184,660.22 from ¥933,885,835.38 in the previous year [26]. - Cash and cash equivalents at the end of the period totaled ¥4,419,543,366.46, an increase from ¥3,246,132,426.42 at the end of the previous year [26]. Assets and Liabilities - The company’s total assets amounted to CNY 29,483,828,834.86, compared to CNY 29,048,201,560.36 in the previous period, showing a growth of 1.5% [14]. - The total liabilities increased to CNY 11,472,904,403.87 from CNY 11,150,154,103.27, marking a rise of 2.9% [14]. - The total equity of the company was CNY 17,010,924,430.99, compared to CNY 17,898,047,457.09 in the previous year, indicating a decrease of 4.9% [14]. - Total assets at the end of the reporting period were ¥29,483,828,834.86, reflecting a 2.49% increase from ¥28,766,632,651.37 at the end of the previous year [28]. - Total liabilities and equity reached ¥29,483,828,834.86, up from ¥29,048,201,560.36 [44]. Receivables and Payables - Accounts receivable decreased by 83.20% to ¥830,872.01 due to the maturity of notes receivable [5]. - Other receivables increased by 126.04% to ¥715,768,248.25, mainly due to the transfer of dividends from Foshan Shunhe Environmental Co., Ltd. [5]. - Long-term receivables increased by 37.01% to ¥579,681,638.07, attributed to installment payments and financing factoring [5]. - Short-term borrowings increased by 362.19% to ¥586,705,805.54 as a result of adjustments in financing strategy [5]. Financial Expenses and Income - Financial expenses decreased by 39.19% to ¥14,240,839.49 due to increased interest income [5]. - Investment income decreased by 616.13% to -¥29,874,975.51, primarily from the disposal of Foshan Shunhe Environmental Co., Ltd. [5]. - The financial expenses for the first quarter of 2024 were CNY 14,240,839.49, a decrease from CNY 23,417,858.08, reflecting a reduction of 39.2% [17]. Equity and Shareholder Information - The total equity attributable to the parent company reached ¥17,586,682,874.81, an increase from ¥17,437,509,156.73 [44]. - Minority interests amounted to ¥424,241,556.18, down from ¥460,538,300.36 [44]. - The company has a total of 1,017,997,382 shares held by Ningbo Yingfeng Asset Management Co., Ltd., the largest shareholder [33]. - The second employee stock ownership plan holds 64,789,616 shares of the company [33]. - The company is under the control of He Jianfeng, who is also a significant shareholder [33]. Other Information - The company completed the transfer of 100% equity of Foshan Shunhe Environmental Co., Ltd. for ¥259,632,200 on January 8, 2024 [8]. - The company confirmed that the financial information in the quarterly report is true, accurate, and complete [40]. - The report does not require retrospective adjustments or restatements of previous accounting data [42]. - The report indicates that the first quarter results have not been audited [41]. - The company recorded a government subsidy of ¥9,726,862.33, contributing positively to its financial performance [28].