农产品(000061) - 2024 Q1 - 季度财报

Financial Performance - Operating revenue for Q1 2024 was CNY 1,049,930,214.56, a decrease of 15.35% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 82,547,143.08, down 5.27% year-on-year[3]. - Net profit excluding non-recurring gains and losses was CNY 68,804,713.55, a decrease of 9.69% compared to the previous year[3]. - The company reported a total profit of 165,443,901.16 CNY, compared to 160,533,635.16 CNY in the previous period, reflecting an increase of about 3.0%[52]. - The company reported non-recurring gains and losses totaling 13,742,429.53 RMB after accounting for tax and minority interests[40]. - The company has no other non-recurring gains and losses defined by the relevant standards[49]. - Total comprehensive income for the current period is ¥109,920,127.35, compared to ¥108,591,257.67 in the previous period[57]. - Basic earnings per share for the current period is ¥0.0486, down from ¥0.0514 in the previous period[58]. Cash Flow and Assets - Net cash flow from operating activities increased by 174.54% to CNY 298,678,056.60[3]. - Cash and cash equivalents at the end of the period totaled ¥1,611,221,426.79, an increase from ¥1,562,106,169.72 at the beginning of the period, reflecting a net increase of ¥49,115,257.07[31]. - The net cash flow generated from operating activities is 298,678,056.60 CNY, significantly up from 108,794,005.48 CNY in the previous period, showing an increase of approximately 174.5%[53]. - The company’s cash flow from operating activities improved due to increased operational income from Changsha and Tianjin Haijixing[47]. - The company’s total current assets increased to 3,751,732,812.01 CNY from 3,710,403,323.65 CNY, showing a growth of approximately 1.1%[55]. - Total assets at the end of the reporting period were CNY 20,641,212,599.46, down 3.02% from the end of the previous year[3]. - The total assets decreased from ¥21,284,059,965.59 at the beginning of the period to ¥20,641,212,599.46 at the end of the period, indicating a reduction of approximately 3.02%[30]. Liabilities and Equity - Total liabilities amount to ¥12,744,088,532.73, compared to ¥13,368,943,543.89 in the previous period[56]. - The company’s total current liabilities decreased from ¥8,670,363,413.61 to ¥8,519,174,002.92, a reduction of approximately 1.74%[30]. - Non-current liabilities total ¥4,224,914,529.81, compared to ¥4,698,580,130.28 in the previous period[56]. - Total equity attributable to shareholders of the parent company is ¥6,195,194,092.26, an increase from ¥6,112,629,661.05 in the previous period[56]. Investments and Projects - The company established Sichuan Haijixing Smart Supply Chain Technology Co., Ltd. with a registered capital of CNY 50 million for investment in the Southwest Haijixing Smart Industrial Park project[19]. - The company’s investment in Yunnan Tianlu Co., Ltd. increased by CNY 4,694,000 through a debt-to-equity swap, raising its stake to 74.52%[19]. - The company’s contribution to the Agricultural Products Circulation Industry Fund was reduced from CNY 560 million to CNY 383 million to improve capital efficiency[19]. - The company established a joint venture, Shenzhen Xinxing Investment Development Co., Ltd., for the urban renewal project in Bujie Market, which is progressing with planning approvals[28]. - The company plans to issue shares to no more than 35 specific investors, raising up to 2 billion RMB for projects including the "Guangming Haijixing Phase II Project" and "Changsha Haijixing Phase II Construction Project" as well as for working capital and repaying bank loans[51]. Operational Costs and Expenses - Total operating costs decreased to 716,622,220.66 CNY from 919,007,619.95 CNY, representing a reduction of approximately 22.0%[52]. - Research and development expenses increased to 3,274,537.69 CNY from 2,814,620.81 CNY, marking a rise of about 16.4%[52]. - The company’s tax expenses increased to 55,541,061.94 CNY from 51,900,442.00 CNY, which is an increase of approximately 7.0%[52]. - Cash inflow from other operating activities was 139,245,025.03 CNY, compared to 132,391,154.60 CNY in the previous period, indicating a growth of about 5.5%[53]. Shareholder Information - The top shareholder, Shenzhen Food Material Group Co., Ltd., holds 34.00% of the shares, amounting to 576,917,663 shares[50]. - The company has a total of 43,160 common shareholders at the end of the reporting period[50]. - The company reported a total share capital of 1,696,964,131 shares, with a fully diluted earnings per share of 0.0486 RMB[39]. Miscellaneous - The company’s financial report for the first quarter is unaudited[38]. - The company reported a net cash outflow from investment activities was ¥138,209,580.48, compared to a net outflow of ¥150,696,491.52 in the previous period, showing an improvement[31]. - Short-term borrowings slightly decreased from ¥4,809,680,476.00 to ¥4,768,425,266.38, a decline of about 0.86%[30]. - Accounts receivable increased from ¥271,269,496.07 to ¥289,683,395.37, representing a growth of approximately 6.5%[29]. - The company received cash from borrowings amounting to ¥1,896,567,700.84, an increase from ¥1,530,000,000.00 in the previous period[31]. - The company’s long-term borrowings increased slightly from ¥1,444,933,330.60 to ¥1,448,946,241.06, reflecting a growth of about 0.28%[30].