隆平高科(000998) - 2015 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2015 was CNY 570,978,433.72, representing a 9.78% increase compared to CNY 520,114,241.12 in the same period last year[8] - Net profit attributable to shareholders was CNY 147,271,277.92, up 6.28% from CNY 138,575,501.93 year-on-year[8] - The net profit after deducting non-recurring gains and losses was CNY 137,301,029.95, reflecting a 4.73% increase from CNY 131,102,052.56 in the previous year[8] - Basic earnings per share increased to CNY 0.1478, a rise of 6.25% compared to CNY 0.1391 in the previous year[8] Cash Flow - The net cash flow from operating activities was CNY 49,132,390.98, a significant recovery from a negative cash flow of CNY -66,904,098.78 in the same period last year[8] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,999,248,282.56, down 2.58% from CNY 4,105,223,769.85 at the end of the previous year[8] - Net assets attributable to shareholders increased to CNY 2,061,093,626.10, marking a 7.69% increase from CNY 1,913,858,006.58 at the end of the previous year[8] - Accounts receivable increased by 950,000 yuan primarily due to an increase in bank acceptance bills received by subsidiaries[16] - Accounts payable decreased by 44.17% compared to the beginning of the year, mainly due to payments made for last year's seed base goods[16] - Employee compensation payable decreased by 44.18% compared to the beginning of the year, primarily due to the distribution of last year's performance bonuses[16] - Tax payable increased by 83.94% compared to the beginning of the year, mainly due to the payment of previously accrued personal income tax by subsidiaries[16] - Interest payable decreased by 89.76% compared to the beginning of the year, primarily due to the payment of corporate bond interest[16] Government Support - The company received government subsidies amounting to CNY 10,753,250.00 during the reporting period, which are closely related to its business operations[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 108,430[11] - The largest shareholder, Hunan New Daxin Co., Ltd., held 14.40% of the shares, amounting to 143,400,010 shares[12] Financial Adjustments - Financial assets measured at fair value decreased by 2.7646 million yuan due to the redemption of all funds during the period[16] - Asset impairment losses decreased by 4.274 million yuan compared to the same period last year, mainly due to the reversal of corresponding asset impairment losses in the previous period[16] - Fair value change income increased by 1.4003 million yuan compared to the same period last year, mainly due to the redemption of all fund products during the period[16] - Investment income decreased by 3.3829 million yuan compared to the same period last year, mainly due to increased investment losses recognized from equity method subsidiaries[16] - Non-operating expenses increased by 596,100 yuan compared to the same period last year, primarily due to increased compensation expenses during the period[16]