鹏都农牧(002505) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥4,061,380,180.30, representing an increase of 18.62% compared to ¥3,423,981,413.08 in the same period last year[8] - Net profit attributable to shareholders was ¥58,573,274.68, a significant increase of 121.29% from ¥26,469,282.75 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥54,758,643.94, compared to a loss of ¥145,899,578.02 in the same period last year, marking a 137.53% improvement[8] - The basic earnings per share for Q1 2021 was ¥0.0092, up 91.67% from ¥0.0048 in the same period last year[8] - The weighted average return on net assets was 1.01%, an increase of 0.42% compared to 0.59% in the previous year[8] - Net profit for Q1 2021 reached CNY 90,654,724.40, compared to a net profit of CNY 19,352,362.28 in Q1 2020, indicating a significant improvement[51] - The earnings per share (EPS) for Q1 2021 was CNY 0.0092, compared to CNY 0.0042 in Q1 2020, showing an increase of approximately 119%[51] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥17,328,254,695.25, an increase of 18.86% from ¥14,578,211,168.13 at the end of the previous year[8] - Total current assets increased to ¥10,898,168,695.59 as of March 31, 2021, up from ¥7,973,596,985.46 as of December 31, 2020, representing a growth of approximately 36.1%[40] - Total assets reached ¥17,328,254,695.25, up from ¥14,578,211,168.13, indicating a growth of approximately 18.9%[44] - Total liabilities increased to ¥10,945,615,009.23 from ¥8,091,102,627.54, representing a rise of about 35.1%[44] - The total assets decreased to CNY 7,558,084,218.02 from CNY 7,692,313,216.82, reflecting a reduction of approximately 1.74%[47] - The total liabilities decreased to CNY 335,254,575.00 from CNY 458,331,005.15, showing a decline of about 26.8%[47] Cash Flow - The net cash flow from operating activities was -¥554,219,347.53, which is a decline of 57.09% from -¥352,805,069.10 in the same period last year[8] - The net cash flow from operating activities decreased by 57.09%, from -352,805,069.10 to -554,219,347.53, mainly due to increased payments for inventory purchases[25] - Cash inflow from operating activities totaled 2,291,233,780.58 CNY, compared to 2,038,264,823.73 CNY previously, indicating a 12.4% increase[57] - Cash outflow from operating activities was 2,845,453,128.11 CNY, up from 2,391,069,892.83 CNY, marking a 19.0% increase[57] - The net cash flow from investment activities was 2,495,001.00 yuan, an increase from 1,902,277.25 yuan in the previous period[62] Shareholder Information - The total number of shareholders at the end of the reporting period was 164,758, with the top ten shareholders holding a combined 70.96% of the shares[13] - Major shareholders include Shanghai Pengxin Agricultural Investment (Group) Co., Ltd. with a 26.30% stake and Lhasa Economic and Technological Development Zone Houkang Industrial Co., Ltd. with a 15.45% stake[13] Expenses and Investments - The company's financial expenses decreased by 75.98%, from 586,017,813.36 to 140,764,749.49, primarily due to significant foreign exchange losses in the previous period[21] - Research and development expenses for Q1 2021 were CNY 1,000,070.78, a significant increase from CNY 62,955.98 in Q1 2020, highlighting a focus on innovation[50] - The company reported a significant increase in investment income, reaching CNY 443,171,502.71 compared to CNY 379,873,873.94 in the previous year[50] Derivative Financial Instruments - The company reported a loss of RMB 1,738.98 million in derivative investments, representing -0.27% of net assets[30] - The fair value change of derivative financial instruments resulted in a loss of approximately RMB 30,216 million during the reporting period[31] - The company has established strict internal approval systems and operational processes for derivative financial instruments to mitigate risks[31] - The company’s derivative financial tools primarily include forward commodity contracts, forward foreign exchange contracts, and foreign exchange swap contracts[31] Other Financial Information - The company raised a total of RMB 1,599,999,998.40 through a private placement of 888,888,888 shares at RMB 1.80 per share, with a net amount of RMB 1,592,567,498.07 after deducting issuance costs[32] - As of March 31, 2021, the balance of raised funds was RMB 31,332.94 million, with RMB 3,440.2 million used in the first quarter of 2021[32] - The company has not engaged in any entrusted wealth management activities during the reporting period[33] - There were no violations regarding external guarantees during the reporting period[34] - The company did not have any non-operating fund occupation by controlling shareholders or related parties during the reporting period[35] - The company has not reported any significant changes in accounting policies or principles compared to the previous reporting period[31]