智慧农业(000816) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥200,552,349.32, a decrease of 25.13% compared to ¥267,873,988.82 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥11,589,419.75, compared to a profit of ¥4,861,473.68 in the previous year[5] - The net cash flow from operating activities was -¥81,109,784.86, slightly worse than -¥75,608,516.50 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 200,552,349.32, a decrease of 25% compared to CNY 267,873,988.82 in Q1 2023[18] - Net loss for Q1 2024 was CNY 13,556,233.63, compared to a net profit of CNY 3,287,774.35 in Q1 2023[20] - The company reported a basic and diluted earnings per share of -0.0080 for Q1 2024, compared to 0.0034 in Q1 2023[20] Assets and Liabilities - Total assets increased by 2.97% to ¥3,527,312,306.67 from ¥3,425,719,665.56 at the end of the previous year[5] - The company's total assets increased to CNY 3,527,312,306.67 in Q1 2024, up from CNY 3,425,719,665.56 in Q1 2023[17] - Total liabilities rose to CNY 1,038,982,993.23, compared to CNY 926,545,156.62 in the same period last year, reflecting an increase of 12.1%[17] - The total liabilities and shareholders' equity as of March 31, 2024, were reported at CNY 3,000,000,000.00[15] Cash Flow - The net cash flow from operating activities was -81,109,784.86 CNY, compared to -75,608,516.50 CNY in the previous year, indicating a decline in operational cash flow[22] - Cash inflow from operating activities was CNY 211,089,104.66, a decrease from CNY 234,724,291.52 in Q1 2023[21] - The company reported a total cash outflow from operating activities of 292,198,889.52 CNY, compared to 310,332,808.02 CNY in the previous year[22] - The total cash inflow from investment activities was 79,787,592.61 CNY, up from 51,423,698.96 CNY year-over-year[22] - The net cash flow from investment activities was -10,291,151.05 CNY, worsening from -2,860,621.03 CNY in the same quarter last year[22] - The cash flow from financing activities showed a net outflow of -14,912,337.97 CNY, compared to -57,157,004.45 CNY in the previous year, indicating an improvement[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 113,750[10] - Jiangsu Jiangdong Group Co., Ltd. held 25.55% of the shares, with 369,704,700 shares pledged and frozen[11] Inventory and Expenses - Inventory increased by 32.26% to ¥414,176,786.28 due to a shift in the North American business model from OEM to proprietary channels[9] - Sales expenses rose by 57.01% to ¥19,036,938.93, attributed to increased costs in the U.S. sales operations[9] - Research and development expenses for Q1 2024 were CNY 873,552.46, down from CNY 1,236,131.86 in Q1 2023, indicating a reduction in R&D investment[18] - The company paid 44,068,970.05 CNY to employees, slightly increasing from 43,982,354.79 CNY in the previous year[22] Government Subsidies - The company received government subsidies amounting to ¥1,491,017.26, a decrease of 61.03% compared to the previous year[9] Other Financial Metrics - The weighted average return on equity decreased by 0.78 percentage points to -0.55% from 0.23%[5] - Deferred income tax assets amounted to CNY 88,870,000.04, slightly up from CNY 88,836,492.25 in the previous year[16] - The total current assets as of March 31, 2024, amounted to CNY 1,065,055,801.56, an increase from CNY 980,195,060.01 at the beginning of the period, reflecting a growth of approximately 8.6%[15] - Cash and cash equivalents decreased to CNY 192,169,088.01 from CNY 286,919,366.33, representing a decline of about 33.1%[15] - Accounts receivable increased significantly to CNY 179,966,508.08 from CNY 113,846,805.66, marking an increase of approximately 57.9%[15] - The total non-current assets were reported at CNY 2,080,000,000.00, with fixed assets valued at CNY 720,196,010.35, slightly down from CNY 728,553,509.63[15] - The company reported a total debt investment of CNY 183,109,553.38, up from CNY 155,875,585.90, reflecting an increase of approximately 17.5%[15] - The company’s long-term equity investments slightly decreased to CNY 29,710,937.58 from CNY 30,020,170.88[15] - The company’s development expenditures increased to CNY 12,469,665.31 from CNY 9,016,885.04, showing a growth of approximately 38.5%[15] Audit Status - The company has not yet audited the first quarter report[23]