ICW(600187)2024-04-29 11:16Financial Performance - The company's operating revenue for Q1 2024 was ¥42,874,594.13, representing a decrease of 35.23% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥1,967,267.58, with a significant increase in investment income during the reporting period[5][8]. - The net cash flow from operating activities was -¥27,085,493.06, a decline of 267.58% year-on-year, primarily due to the recovery of water fees and project payments in the previous period[5][8]. - Total operating revenue for Q1 2024 was ¥42,874,594.13, a decrease of 35.3% compared to ¥66,198,574.67 in Q1 2023[22]. - Total operating costs for Q1 2024 were ¥51,585,204.04, down 32.4% from ¥76,150,121.86 in Q1 2023[22]. - Net profit for Q1 2024 was ¥1,065,697.78, compared to a net loss of ¥18,002,805.25 in Q1 2023[23]. - The company reported an operating profit of ¥2,652,695.80 in Q1 2024, a significant improvement from an operating loss of ¥15,253,980.30 in Q1 2023[22]. - Investment income for Q1 2024 was ¥20,222,477.48, compared to ¥417,666.06 in Q1 2023[22]. - The company recorded a total comprehensive loss of ¥11,984,800.03 in Q1 2024, compared to a loss of ¥7,419,242.63 in Q1 2023[23]. - Basic and diluted earnings per share for Q1 2024 were ¥0.0012, compared to a loss of ¥0.0104 per share in Q1 2023[23]. Assets and Liabilities - Total assets at the end of Q1 2024 were ¥3,576,435,079.29, down 1.55% from the end of the previous year[6]. - As of March 31, 2024, total assets amounted to ¥3,576,435,079.29, a decrease from ¥3,632,835,915.65 as of December 31, 2023, reflecting a decline of approximately 1.4%[16]. - Current assets totaled ¥982,401,623.91, down from ¥1,029,900,272.36, indicating a decrease of about 4.6%[16]. - Cash and cash equivalents decreased to ¥343,066,689.09 from ¥404,160,803.29, representing a decline of approximately 15.1%[16]. - Accounts receivable increased to ¥413,815,645.57 from ¥396,976,029.55, showing a growth of about 4.2%[16]. - Inventory slightly increased to ¥105,861,408.25 from ¥104,173,338.58, reflecting a growth of approximately 1.6%[16]. - Total non-current assets were reported at ¥2,594,033,455.38, a slight decrease from ¥2,602,935,643.29, indicating a decline of about 0.3%[17]. - Total liabilities decreased to ¥199,260,664.11 from ¥244,834,931.73, representing a reduction of approximately 18.6%[17]. - The company reported a significant reduction in accounts payable from ¥150,324,426.25 to ¥114,779,237.59, a decrease of about 23.7%[17]. - Total liabilities decreased to ¥404,986,698.21 in Q1 2024 from ¥450,702,734.54 in Q1 2023[22]. - Total equity attributable to shareholders was ¥3,159,041,949.28 in Q1 2024, compared to ¥3,170,125,179.51 in Q1 2023[22]. Cash Flow - In Q1 2024, the net cash flow from operating activities was -¥27,085,493.06, a significant decline compared to ¥16,162,487.61 in Q1 2023[27]. - Total cash inflow from investment activities in Q1 2024 was ¥198,961,879.45, up from ¥134,643,744.02 in Q1 2023[28]. - The net cash flow from investment activities was -¥25,421,570.46 in Q1 2024, contrasting with a positive ¥70,395,460.72 in Q1 2023[28]. - Cash and cash equivalents at the end of Q1 2024 totaled ¥318,143,415.48, down from ¥638,899,998.68 at the end of Q1 2023[28]. - Cash inflow from sales of goods and services was ¥24,437,919.99 in Q1 2024, a decrease from ¥75,927,771.33 in Q1 2023[27]. - Total cash outflow from operating activities was ¥58,947,584.56 in Q1 2024, compared to ¥71,082,257.79 in Q1 2023[27]. - The company received ¥1,300,000.00 from financing activities in Q1 2024, with cash outflow totaling ¥6,849,626.06[28]. - The impact of exchange rate changes on cash and cash equivalents was ¥39,713.77 in Q1 2024, compared to -¥36,691.80 in Q1 2023[28]. - The cash inflow from recovering investments was ¥193,551,600.00 in Q1 2024, an increase from ¥131,659,268.00 in Q1 2023[27]. - The company paid ¥16,103,486.60 in cash to employees in Q1 2024, slightly up from ¥15,885,514.20 in Q1 2023[27]. Shareholder Information - The company had a total of 98,883 common shareholders at the end of the reporting period[10]. - The company’s actual controller is Mr. Jiang Zhaobai, who holds significant influence through direct and indirect shareholdings[12].