Huaying Agricultural(002321)2025-04-29 08:20Financial Performance - The company's operating revenue for Q1 2025 was ¥769,667,224.79, representing a 3.78% increase compared to ¥741,662,532.89 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥11,918,703.49, a significant decline of 1,167.16% from a profit of ¥1,116,864.63 in the previous year[5] - The company's basic and diluted earnings per share were both negative at ¥-0.0056, a decline of 1,220.00% from ¥0.0005 in the same period last year[5] - Net profit for the current period was ¥3,686,185.72, a significant decrease of 81.7% from ¥20,072,925.21 in the previous period[20] - The company reported a loss attributable to the parent company of ¥11,918,703.49, compared to a profit of ¥1,116,864.63 in the previous period[20] Cash Flow - The net cash flow from operating activities was a negative ¥23,106,486.34, a drastic decrease of 2,242.84% compared to a negative ¥986,259.30 in the same period last year[5] - Operating cash inflow for the current period was 1,030,963,178.97 in the previous period, representing a decrease of approximately 8.5%[23] - Net cash outflow from operating activities was -986,259.30 in the previous period, indicating a significant increase in cash outflow[23] - Investment cash inflow totaled 3,184,702.75 in the previous period, marking an increase of approximately 388.5%[24] - Net cash flow from investing activities improved by 153.53% to ¥9,190,450.36 from a negative ¥17,170,010.98 in the previous year, attributed to increased dividends received from associates[9] - Cash inflow from financing activities was 538,348,925.00 in the previous period, reflecting a decrease of about 26.1%[24] - Net cash outflow from financing activities was -2,674,192.86 in the previous period[24] - The company received 302,900,000.00 in the previous period, indicating a decrease of approximately 66.7%[24] - The company reported an increase in cash received from tax refunds to 14,893,622.66 in the previous period, an increase of about 57.5%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,834,205,691.09, up 3.88% from ¥3,690,950,818.58 at the end of the previous year[5] - Total liabilities increased to ¥2,394,276,077.30 from ¥2,254,707,390.51, marking a rise of 6.2%[18] - Current liabilities totaled ¥1,362,418,515.49, up from ¥1,255,826,849.56, indicating an increase of 8.5%[18] - Non-current liabilities rose to ¥1,031,857,561.81 from ¥998,880,540.95, reflecting a growth of 3.1%[18] - The company's total equity attributable to shareholders decreased to ¥949,414,985.81 from ¥961,333,689.30, a decline of 1.2%[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 53,726[11] - The largest shareholder, Xinyang Dingxin Xinghua Investment Partnership, holds 24.00% of shares, totaling 511,893,617 shares[11] - The largest shareholder's stake was previously subject to a joint action agreement, which has now been dissolved[12] - The company has no reported participation in margin financing or securities lending activities among the top shareholders[12] - The company reported no significant changes in the number of preferred shareholders or their holdings[13] Expenses and Costs - Total operating costs amounted to ¥755,280,051.31, up from ¥729,171,654.04, reflecting a rise of 3.6%[19] - Research and development expenses decreased by 48.26% to ¥1,241,330.27 from ¥2,399,062.24 in the previous year[9] - The company experienced a 39.26% decrease in other income, which fell to ¥4,961,160.40 from ¥8,167,861.66, mainly due to reduced government subsidies[9] Cash Management - The company’s cash flow statement indicates a need for improved cash management strategies moving forward[22] - The impact of exchange rate changes on cash and cash equivalents was 295,486.72 in the previous period, showing a notable increase[24] - The ending balance of cash and cash equivalents was 88,665,804.39 in the previous period[24]