敦煌种业(600354) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue fell by 57.14% to CNY 190,884,408.11 from CNY 445,378,002.08 in the same period last year[12] - Net profit attributable to shareholders was CNY -72,063,627.63, a significant decline from CNY -13,904,513.01 year-over-year[12] - The company reported a total comprehensive income of -¥71,077,776.77 for the current period, compared to -¥3,022,647.60 in the previous period[28] - Operating profit for the current period is -¥69,971,849.38, compared to a profit of ¥1,074,384.41 in the previous period[27] - Basic and diluted earnings per share are both -¥0.161, compared to -¥0.031 in the previous period[28] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -22,248,019.76, compared to a positive CNY 39,733,404.32 in the previous year[12] - Cash flow from operating activities shows a net outflow of -¥22,248,019.76, down from a positive inflow of ¥39,733,404.32 in the previous period[31] - Cash flow from investing activities resulted in a net outflow of -¥19,042,614.83, compared to -¥10,748,727.87 in the previous period[32] - Cash flow from financing activities also showed a net outflow of -¥446,003,556.64, compared to -¥411,841,091.66 in the previous period[32] - The net cash and cash equivalents decreased by $172.38 million, compared to a decrease of $139.20 million in the previous period, indicating ongoing liquidity challenges[36] Assets and Liabilities - Total assets decreased by 16.51% to CNY 3,426,947,942.27 compared to the end of the previous year[12] - Total current assets decreased from CNY 2,925,119,597.95 to CNY 2,263,705,631.03, a decline of approximately 22.6%[19] - Total liabilities decreased from CNY 2,465,295,187.17 to CNY 1,971,196,337.22, a reduction of approximately 20%[21] - Total equity decreased from CNY 1,639,382,381.82 to CNY 1,455,751,605.05, a decline of about 11.2%[21] - Non-current assets decreased from CNY 1,179,557,971.04 to CNY 1,163,242,311.24, a slight decline of about 1.4%[20] Shareholder Information - The number of shareholders totaled 75,422 as of the report date[14] - The largest shareholder, Jiuquan Modern Agriculture (Holding) Group Co., Ltd., holds 15.22% of shares, totaling 68,170,168 shares[14] Inventory and Receivables - Accounts receivable decreased from CNY 453,240,574.75 to CNY 387,901,931.69, a reduction of approximately 14.4%[19] - Inventory decreased from CNY 946,327,719.04 to CNY 901,668,212.52, a decline of about 4.7%[19] Cash and Cash Equivalents - Cash and cash equivalents decreased by 38.42% to CNY 784,528,201.31 from CNY 1,273,922,392.54 at the beginning of the year[17] - The ending cash and cash equivalents balance is ¥772,409,356.07, down from ¥1,182,160,975.01 in the previous period[32] - The ending balance of cash and cash equivalents was $144.88 million, down from $403.38 million in the previous period, highlighting a significant reduction in available cash[36] Cost Management - The company reported a significant drop in gross profit margin, with revenue cost decreasing by 56.31% to CNY 138,860,584.46[17] - Cash paid for purchasing goods and services was $130.70 million, slightly lower than $141.16 million in the previous period, suggesting cost management efforts[35]