中粮科技(000930) - 2017 Q1 - 季度财报(更新)

Financial Performance - The company's operating revenue for Q1 2017 was ¥1,530,600,066.12, representing a 19.60% increase compared to ¥1,279,752,038.77 in the same period last year[8] - Net profit attributable to shareholders was ¥73,510,909.77, a significant increase of 337.31% from a loss of ¥30,976,766.78 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥66,076,922.35, up 234.93% from a loss of ¥48,971,714.21 year-on-year[8] - Basic earnings per share were ¥0.076, compared to a loss of ¥0.032 per share in the previous year, reflecting a 337.31% improvement[8] - The company reported a net profit of CNY 10,085,568.01, recovering from a loss of CNY 17,518,660.04 in the previous period[33] - The net profit for the first quarter of 2017 reached CNY 80,130,122.08, compared to a net loss of CNY 37,192,275.45 in the previous year, marking a significant turnaround[36] - The operating profit for the first quarter was CNY 63,081,459.64, compared to an operating loss of CNY 84,787,140.75 in the same period last year[35] - The company reported a comprehensive income total of CNY 77,792,185.92, compared to a comprehensive loss of CNY 38,501,187.50 in the previous year[36] Cash Flow - The net cash flow from operating activities reached ¥214,538,726.48, marking a 92.84% increase from ¥111,254,834.05 in the same quarter last year[8] - The net cash flow from operating activities was CNY 214,538,726.48, an increase from CNY 111,254,834.05 in the previous year[41] - The net cash flow from operating activities was ¥650,742,101.23, a significant increase compared to ¥41,064,616.24 in the previous period, reflecting a growth of approximately 1495%[44] - Total cash inflow from operating activities reached ¥1,531,070,039.21, up from ¥1,070,733,418.79, indicating a growth of about 42.9%[44] - The cash outflow from operating activities decreased to ¥880,327,937.98 from ¥1,029,668,802.55, showing a reduction of approximately 14.5%[44] - The cash inflow from financing activities totaled ¥903,331,216.35, an increase from ¥824,468,025.75, representing a growth of about 9.5%[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,595,390,542.11, a 2.95% increase from ¥5,435,006,590.65 at the end of the previous year[8] - Net assets attributable to shareholders increased by 4.78% to ¥1,635,522,024.57 from ¥1,560,897,206.22 at the end of the last year[8] - The company's total assets reached CNY 5,081,847,075.87, compared to CNY 4,914,999,951.01 at the beginning of the period, reflecting a growth of 3.4%[32] - The total liabilities increased to CNY 3,005,858,510.69, up from CNY 2,868,041,164.54, indicating a rise of 4.5%[33] - The company's current assets totaled CNY 1,848,225,026.89, up from CNY 1,671,547,034.46 at the start of the period, reflecting a growth of approximately 10.5%[27] - Short-term loans increased by 35.19% to ¥1,992,396,453.70, primarily due to the repayment of maturing company bonds[15] - The total number of ordinary shareholders at the end of the reporting period was 167,159[11] Expenses and Costs - The total operating costs amounted to CNY 1,465,760,671.42, up 7.5% from CNY 1,363,398,578.52 year-on-year[34] - Tax and additional fees increased by 89.04% to ¥14,059,450.34 compared to the same period last year, primarily due to the inclusion of land use tax, property tax, and stamp duty[15] - Financial expenses decreased by 38.52% to ¥24,818,349.95, mainly due to a reduction in average loan balances and interest expenses[15] - The company's sales expenses decreased to CNY 31,929,330.58 from CNY 33,786,604.49, reflecting improved cost management[37] - Financial expenses were reduced to CNY 21,846,411.10 from CNY 31,684,289.34, indicating better financial efficiency[37] Inventory and Receivables - Inventory increased by 42.18% to ¥801,056,688.28, reflecting a strategy to increase raw material reserves[15] - Accounts receivable decreased to CNY 212,531,380.06 from CNY 281,069,536.72, a decline of approximately 24.4%[27] - Inventory increased significantly to CNY 801,056,688.28 from CNY 563,392,224.14, representing a growth of approximately 42.2%[27] - Accounts receivable rose to CNY 207,641,751.75, up from CNY 129,563,446.17, representing a significant increase of 60.2%[31] Investment Activities - The net cash flow from investing activities decreased by 132.87% to -¥23,162,138.78, mainly due to increased capital expenditures for new projects[15] - The company incurred a total of CNY 34,135,333.58 in cash outflows for investment activities, compared to CNY 9,946,320.30 in the previous year[41] - The net cash flow from investing activities was -¥557,975,415.77, compared to -¥7,037,340.39 in the previous period, indicating a decline in investment cash flow[45] Other Information - The company received government subsidies amounting to ¥29,578,268.90 during the reporting period[9] - The company did not undergo an audit for the first quarter report, which is a non-standard practice[46] - The company reported a derivative financial loss of CNY 172,512.63 during the reporting period[21] - The independent directors believe that the company's derivative investment and risk control measures are feasible and manageable[21]