登海种业(002041) - 2015 Q1 - 季度财报

Financial Performance - Revenue for Q1 2015 was CNY 279,015,435.27, a decrease of 29.46% compared to CNY 395,560,306.89 in the same period last year[8] - Net profit attributable to shareholders was CNY 87,252,676.87, down 16.74% from CNY 104,790,503.12 year-on-year[8] - Basic earnings per share decreased to CNY 0.2479, a decline of 16.73% from CNY 0.2977 in the previous year[8] - Operating profit decreased by 30.74% compared to the same period last year, primarily due to a decrease in sales revenue[16] - Net profit decreased by 31.93% compared to the same period last year, mainly due to reduced sales revenue[16] Cash Flow - Net cash flow from operating activities was negative at CNY -145,401,898.19, a significant decrease of 535.03% compared to CNY 33,423,403.73 in the same period last year[8] - Cash flow from operating activities showed a net outflow increase of ¥178,825,301.92 compared to the same period last year, attributed to lower cash received from sales[16] - Cash flow from investing activities showed a net outflow increase of ¥156,495,637.33 compared to the same period last year, primarily due to the purchase of financial products[16] - Cash flow from financing activities showed a net outflow decrease of ¥147,452,760.38 compared to the same period last year, mainly due to reduced dividends from subsidiaries[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,729,824,464.84, down 5.56% from CNY 3,949,334,688.29 at the end of the previous year[8] - Accounts receivable increased by 71.06% compared to the beginning of the period, attributed to increased credit support for reputable distributors[15] - Accounts payable decreased by 73.08% compared to the beginning of the period, primarily due to payments made for seed production[15] Investment and Shareholder Information - Investment income increased by 439.54% year-on-year, driven by higher income from bank wealth management products[15] - The total number of ordinary shareholders at the end of the reporting period was 17,771[10] - The company expects net profit attributable to shareholders for the first half of 2015 to be between ¥16,333.30 million and ¥24,495.45 million, representing a growth of 0.00% to 50.00% compared to the same period last year[21] - The increase in net profit is attributed to improved operating performance of the parent company compared to the same period last year[21] - The company has established two new subsidiaries in Inner Mongolia and Shaanxi with a registered capital of ¥1,000 million each, in which the company holds a 51% stake[17] - There were no significant commitments from the company or shareholders holding more than 5% during the reporting period[19] - The company did not hold any securities investments or shares in other listed companies during the reporting period[22][23] Return on Equity - The weighted average return on equity was 4.27%, a decrease of 1.87% from 6.14% in the previous year[8]