农产品(000061) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was CNY 899,350,897.25, representing a 25.59% increase compared to CNY 716,126,765.81 in the same period last year[7]. - Net profit attributable to shareholders for Q1 2021 was CNY 68,523,706.84, up 42.72% from CNY 48,011,271.43 year-on-year[7]. - Basic and diluted earnings per share for Q1 2021 were both CNY 0.0404, reflecting a 42.76% increase from CNY 0.0283 in the same quarter last year[7]. - The company reported a significant increase in operational income from its agricultural wholesale markets compared to the previous year, attributed to the recovery from the impact of COVID-19[7]. - The company's net profit for the current period is CNY 96,222,287.39, an increase of 19.5% compared to CNY 80,585,226.54 in the previous period[77]. - The total profit for the current period is CNY 142,163,577.73, up from CNY 128,958,077.07, reflecting an increase of 10.3%[77]. - Operating income reached CNY 115,340,926.98, a significant rise of 44.3% from CNY 79,986,063.48 in the previous period[84]. - The total comprehensive income for the current period is CNY 96,230,281.99, compared to CNY 80,624,853.70, indicating a growth of 19.4%[80]. - The company reported an investment income of CNY 61,744,938.46, significantly higher than CNY 15,072,711.85 from the previous period, representing an increase of 309.5%[84]. Cash Flow - The net cash flow from operating activities surged to CNY 117,468,704.70, a significant increase of 20,811.36% compared to CNY 561,745.80 in the previous year[7]. - Cash inflows from operating activities totaled ¥1,137,843,744.59, up from ¥697,957,656.85, indicating a growth of approximately 63.2%[91]. - Cash outflows from operating activities rose to ¥1,020,375,039.89 compared to ¥697,395,911.05, reflecting an increase of about 46.3%[91]. - The net cash flow from investing activities was negative at -¥127,600,138.97, an improvement from -¥193,845,319.25[93]. - Cash inflows from financing activities amounted to ¥1,070,058,000.00, up from ¥876,750,000.00, showing an increase of approximately 22%[93]. - The net cash flow from financing activities improved to ¥347,428,116.79 from -¥555,383,038.27, indicating a positive turnaround[93]. - Cash received from the sale of goods and services reached ¥1,032,374,722.00, significantly higher than ¥564,389,199.39 from the previous period[91]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 20,648,262,292.01, marking a 6.41% increase from CNY 19,405,184,041.87 at the end of the previous year[7]. - The company's total assets have increased, reflecting ongoing market expansion and strategic investments[79]. - The company's total liabilities amounted to RMB 13,397,344,404.54 as of March 31, 2021, compared to RMB 12,311,636,633.05 at the end of 2020, representing an increase of approximately 8.8%[57]. - Total liabilities increased from ¥12,311,636,633.05 to ¥13,117,028,649.95, an increase of ¥805,392,016.90[111]. - Current liabilities amounted to ¥7,562,658,729.56, up by ¥80,006,938.88[111]. - Non-current liabilities rose to ¥5,554,369,920.39, an increase of ¥725,385,078.02[111]. Shareholder Information - As of the end of the reporting period, the total number of common shareholders was 69,162[18]. - The largest shareholder, Shenzhen Food Material Group Co., Ltd., holds 34.00% of the shares, totaling 576,917,663 shares[18]. - The total equity attributable to shareholders reached ¥5,639,078,293.91, compared to ¥5,557,472,541.98, reflecting an increase of 1.5%[69]. Government and Subsidies - The company recognized government subsidies amounting to CNY 11,126,537.95 during the reporting period, which are closely related to its business operations[9]. - Non-recurring gains and losses totaled CNY 11,395,195.41, with significant contributions from asset disposal gains and government subsidies[12]. Investment and Capital - The company plans to publicly transfer a 3% stake in the affiliated company Zhongnongwang at a base price of 110.2494 million yuan, with a buyer already identified[30]. - The company has completed the capital increase of 46.94 million yuan through debt-to-equity conversion for its subsidiary Yunnan Tianlu, increasing its shareholding to 61.62%[34]. - The company raised a total of RMB 1,712,529,000 from the issuance of 313,650,000 shares at a price of RMB 5.46 per share[41]. - The total amount of raised funds used for investment projects reached RMB 1,731,908,400 as of March 31, 2021, with an additional bank transfer fee of RMB 51,700[41]. Operational Costs - Operating costs increased by 35.27% year-on-year, attributed to the growth in the scale of the company's subsidiary, Shen Nong Kitchen[26]. - Total operating costs for Q1 2021 were ¥795,305,498.86, up 28.6% from ¥618,348,721.67 in the same period last year[74]. Research and Development - Research and development expenses for Q1 2021 were ¥1,717,847.25, slightly up from ¥1,628,333.38 in Q1 2020[74]. Taxation - The company reported a decrease in tax and surcharges to ¥11,657,989.33 from ¥21,706,368.26, a reduction of 46.3%[74]. Other Financial Metrics - The weighted average return on net assets improved to 1.26%, up by 0.34 percentage points from 0.92% in the previous year[7]. - The company incurred a credit impairment loss of CNY -1,376,670.93, compared to CNY -54,895.95 in the previous period, indicating a deterioration in credit quality[77]. - The company has approved a salary incentive scheme to enhance motivation and creativity among core staff, with a total incentive fund amounting to 50% of the net amount after personal income tax[34]. Audit Status - The first quarter report for 2021 was not audited[118].