三峰环境(601827) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,552,379,862.78, representing a year-on-year increase of 0.42%[4] - The net profit attributable to shareholders for Q1 2024 was CNY 390,068,679.26, reflecting an increase of 11.46% compared to the same period last year[4] - The basic earnings per share for Q1 2024 was CNY 0.23, up by 10.68% from the previous year[5] - Total revenue for Q1 2024 reached ¥1,726,564,267.98, an increase of 21% compared to ¥1,427,447,735.53 in Q1 2023[32] - Net profit for Q1 2024 was ¥409,404,056.92, reflecting a 10.5% increase from ¥370,594,469.02 in Q1 2023[29] - The net profit for Q1 2024 was CNY 32,768,827.46, compared to CNY 20,763,074.50 in Q1 2023, representing a year-over-year increase of approximately 57.5%[40] - Operating profit for Q1 2024 was CNY 32,734,827.46, compared to CNY 20,753,074.50 in Q1 2023, indicating a significant increase of about 57.5%[59] Cash Flow - The net cash flow from operating activities reached CNY 728,385,381.93, showing a significant increase of 148.97% year-on-year[4] - The cash flow from operating activities increased by 148.97% due to changes in the business structure of the Sanfeng Kawantha project, leading to higher cash inflows from equipment and reduced cash outflows from EPC subcontracting[21] - The net cash flow from operating activities was negative CNY 32,807,005.66, an improvement from negative CNY 42,514,714.30 in the same period last year[41] - The net cash flow from financing activities was CNY 730,734,897.70, a substantial increase from CNY 181,664,040.96 in the previous year, reflecting a growth of approximately 302.5%[41] - The company reported cash inflows from investment activities of CNY 35,293,892.84, compared to CNY 11,624,939.16 in Q1 2023, marking an increase of approximately 203.5%[41] Assets and Liabilities - The total assets at the end of Q1 2024 amounted to CNY 25,666,002,618.42, an increase of 1.52% from the end of the previous year[5] - The total assets as of March 31, 2024, amounted to ¥13,548,414,702.99, an increase of 5.4% from ¥12,852,133,616.33 at the end of 2023[35] - The total liabilities as of the end of Q1 2024 were CNY 14,126,017,960.58, slightly up from CNY 14,112,164,365.69 at the end of the previous year[15] - The total liabilities increased to CNY 5,555,140,793.89 in Q1 2024 from CNY 4,884,196,283.59 in Q1 2023, marking an increase of about 13.7%[58] - The total equity increased to CNY 7,993,273,909.10 in Q1 2024 from CNY 7,967,937,332.74 in Q1 2023, showing a growth of approximately 0.3%[58] Shareholder Equity - The equity attributable to shareholders increased to CNY 10,839,963,046.93, marking a growth of 3.71% year-on-year[5] - The company maintained a stable capital structure with total equity of CNY 11,539,984,657.84, compared to CNY 11,170,488,521.10 in the previous year[15] Expenses and Investments - Research and development expenses decreased to ¥7,224,974.20 from ¥9,753,561.99, a reduction of approximately 26%[29] - Financial expenses decreased to ¥72,791,538.96 from ¥80,704,488.62, a decline of about 10%[29] - The company reported an increase in investment income to ¥31,068,955.43, up from ¥28,187,041.27, marking an increase of 6.7%[29] - Research and development expenses decreased significantly to CNY 526,607.60 in Q1 2024 from CNY 2,472,131.70 in Q1 2023, a reduction of about 78.7%[59] - Financial expenses for Q1 2024 showed a net income of CNY -9,791,196.40, compared to CNY -7,565,892.21 in Q1 2023, indicating an increase in financial costs[59] Inventory and Receivables - The company reported a decrease in inventory from CNY 1.06 billion to CNY 0.93 billion, suggesting improved inventory management[26] - Accounts receivable increased to CNY 2.22 billion from CNY 2.12 billion, reflecting a growth in sales or credit terms[26] Strategic Focus - The company continues to focus on market expansion and new product development as part of its strategic initiatives[29] - The company is focusing on enhancing its cash flow and managing its receivables effectively to support future growth strategies[21]