唐人神(002567) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was approximately ¥4.91 billion, a decrease of 2.35% compared to ¥5.03 billion in the same period last year[5]. - The net profit attributable to shareholders was a loss of approximately ¥149.20 million, representing a decline of 153.45% from a profit of ¥279.15 million in the previous year[5]. - The net cash flow from operating activities was negative at approximately ¥188.65 million, a decrease of 185.31% compared to ¥221.13 million in the same period last year[5]. - The company's basic earnings per share were -¥0.1238, down 146.77% from ¥0.2647 in the same period last year[5]. - Net profit for the current period was -¥173,801,084.79, compared to a net profit of ¥299,175,978.13 in the previous period, indicating a significant decline[29]. - Total comprehensive income for the current period was -¥173,801,084.79, compared to ¥299,175,978.13 in the previous period[32]. - The company experienced a net loss of -¥149,201,519.42 attributable to the owners of the parent company, compared to a profit of ¥279,152,537.09 in the previous period[32]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥15.30 billion, an increase of 5.21% from ¥14.54 billion at the end of the previous year[5]. - The company's current assets totaled approximately CNY 4.99 billion, compared to CNY 4.87 billion in the previous period, reflecting an increase of about 2.6%[20]. - The company's inventory increased to approximately CNY 2.40 billion, up from CNY 2.12 billion, indicating a growth of around 12.9%[20]. - The total liabilities of the company reached approximately CNY 9.36 billion, compared to CNY 8.42 billion previously, marking an increase of about 11.0%[23]. - The company's total equity attributable to shareholders decreased to approximately CNY 5.36 billion from CNY 5.51 billion, a decline of about 2.7%[23]. - The company's long-term borrowings increased to approximately CNY 3.45 billion from CNY 3.39 billion, reflecting a growth of about 1.6%[23]. Cash Flow - Cash inflow from operating activities totaled ¥4,867,867,944.75, down from ¥5,114,254,108.31 in the previous period[33]. - The net cash flow from operating activities was -$188.65 million, compared to $221.13 million in the previous period[36]. - The total cash inflow from investing activities was $47.91 million, down from $123.37 million year-over-year[36]. - The cash outflow for investing activities totaled $1.05 billion, slightly decreased from $1.07 billion in the previous period[36]. - The net cash flow from investing activities was -$1.00 billion, compared to -$947.92 million in the prior year[36]. - The cash inflow from financing activities was $1.27 billion, significantly lower than $2.81 billion in the previous period[36]. - The net cash flow from financing activities was $873.64 million, down from $1.79 billion year-over-year[36]. - The net increase in cash and cash equivalents was -$317.11 million, contrasting with an increase of $1.07 billion in the previous period[36]. - The ending balance of cash and cash equivalents was $1.05 billion, compared to $2.08 billion at the end of the previous period[36]. Operational Highlights - The company's construction in progress increased by 36% compared to the beginning of the year, mainly due to investments in breeding projects in Chaling, Foshan, and Shaoguan[8]. - Short-term borrowings increased by 69.8% compared to the beginning of the year, primarily to supplement working capital and project construction loans[8]. - The company's net profit attributable to shareholders decreased by 153% due to continued low prices for live pigs and rising costs of feed raw materials[8]. - Contract liabilities increased by 70.2% compared to the beginning of the year, mainly due to an increase in prepayments for fish feed[8]. - Research and development expenses rose to ¥63,805,278.14, an increase of 103.56% from ¥31,341,599.73 in the previous period[26]. Shareholder Information - The company repurchased a total of 11,876,548 shares, accounting for 0.98% of the total share capital, with a total transaction amount of approximately CNY 80.01 million[16]. - The company adjusted its stock option incentive plan, reducing the number of initial grant recipients from 895 to 857 and the number of stock options from 55.49 million to 54.91 million[16]. Reporting Details - The company's first-quarter report was not audited[37]. - The report was released on April 29, 2022[39].