浙农股份(002758) - 2018 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2018 was ¥389,938,743.31, representing a 19.65% increase compared to ¥325,886,388.70 in the same period last year[8] - Net profit attributable to shareholders decreased by 24.26% to ¥7,695,288.74 from ¥10,160,055.81 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥7,315,213.34, down 24.82% from ¥9,730,002.77 in the previous year[8] - Basic and diluted earnings per share both decreased by 20.00% to ¥0.04 from ¥0.05 year-on-year[8] - Total profit decreased by 32.64% from CNY 13,043,409.54 to CNY 8,786,347.09 primarily due to increased financial expenses[15] - Net profit decreased by 34.18% from CNY 10,029,768.49 to CNY 6,601,963.64 mainly due to increased financial expenses[15] - The company expects net profit for the first half of 2018 to range from CNY 1,670.59 million to CNY 2,386.55 million, a decrease of 30.00% to 0.00% compared to the same period in 2017[19] Cash Flow - The net cash flow from operating activities improved by 51.20%, reaching -¥49,070,363.53 compared to -¥100,551,372.75 in the same period last year[8] - Net cash flow from operating activities improved by 51.20% from -CNY 100,551,372.75 to -CNY 49,070,363.53 due to increased cash receipts from sales[15] - Net cash flow from investing activities improved by 56.88% from -CNY 40,170,989.06 to -CNY 17,321,192.77 due to reduced fixed asset purchases[15] - Net cash flow from financing activities decreased by 60.23% from CNY 89,687,619.27 to CNY 35,670,916.90 due to reduced bank loan receipts[15] Assets and Equity - Total assets at the end of the reporting period were ¥1,229,964,652.26, a 1.37% increase from ¥1,213,385,293.14 at the end of the previous year[8] - Net assets attributable to shareholders increased by 1.33% to ¥588,015,294.96 from ¥580,320,006.22 at the end of the previous year[8] Expenses - Sales expenses increased by 74.55% from CNY 12,677,529.05 to CNY 22,128,343.65 primarily due to an increase in sales personnel and promotional expenses[15] - Financial expenses surged by 394.74% from CNY 689,809.74 to CNY 3,412,743.76 mainly due to increased bank loan interest payments[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,289[11] Government Support - The company received government subsidies amounting to ¥422,480.90 during the reporting period[9] Regulatory Approvals - The company has received approval from the China Securities Regulatory Commission for the issuance of convertible bonds[16]