神农种业(300189) - 2017 Q3 - 季度财报

Financial Performance - Operating revenue increased by 137.36% to CNY 334,166,014.92 for the current period[4] - Net profit attributable to shareholders was a loss of CNY 19,376,937.37, a decrease of 35.22% compared to the same period last year[4] - The net cash flow from operating activities increased by 162.64% to CNY 261,398,312.33 year-to-date[4] - Basic and diluted earnings per share were both CNY -0.0189, reflecting a decrease of 35.27%[4] - The weighted average return on equity was -1.36%, an increase of 0.76 percentage points from the previous year[4] - Total operating revenue for the current period reached ¥334,166,014.92, a significant increase from ¥140,786,535.05 in the previous period, representing a growth of approximately 137.5%[35] - The net profit for the current period was ¥2,745,349.74, compared to a net loss of ¥15,600,151.70 in the previous period, showing a substantial improvement[37] - The company reported a comprehensive loss of ¥15,600,151.70, which is an improvement from a loss of ¥32,432,634.40 in the previous period[38] Assets and Liabilities - Total assets decreased by 19.65% to CNY 2,601,421,100.13 compared to the end of the previous year[4] - The total assets decreased from CNY 3,237,552,422.06 at the beginning of the period to CNY 2,601,421,100.13 at the end, representing a decline of approximately 19.7%[28] - Current assets decreased from CNY 2,324,418,244.56 to CNY 1,661,603,991.18, a reduction of about 28.5%[28] - Total liabilities decreased from CNY 1,144,810,569.72 to CNY 518,086,825.89, a reduction of about 54.7%[30] - The total liabilities decreased from ¥378,274,406.84 to ¥214,369,775.24, a reduction of approximately 43.4%[37] - The total equity decreased from CNY 2,092,741,852.34 to CNY 2,083,334,274.24, a slight decline of about 0.5%[30] - The total equity decreased slightly from ¥1,194,809,946.91 to ¥1,185,769,788.36, a decline of about 0.8%[37] Cash Flow - The company received CNY 340,618,483.74 from sales of goods and services during the reporting period[51] - The total cash inflow from operating activities was CNY 340,618,483.74, while cash outflow was CNY 184,303,288.71, resulting in a net cash flow from operating activities of CNY 156,315,195.03[52] - The net cash flow from operating activities for the third quarter was CNY 156,315,195.03, a significant improvement compared to a net outflow of CNY 432,409,009.05 in the same period last year[52] - The company’s cash inflow from operating activities totaled CNY 1,103,196,746.66, compared to CNY 565,396,799.50 in the previous period[47] - Cash inflow from financing activities was CNY 149,995,400.00, with cash outflow totaling CNY 325,826,893.06, leading to a net cash flow of -CNY 175,831,493.06[52] Shareholder Information - The total number of shareholders at the end of the reporting period was 62,017[9] - The largest shareholder, Huang Peijin, holds 13.92% of the shares, totaling 142,504,000 shares[9] Operational Changes - The company plans to change its name to "Hainan Shennong Dafeng Seed Industry Technology Co., Ltd."[17] - The company did not experience any changes in its share capital due to new stock issuance or other reasons during the reporting period[5] Costs and Expenses - Operating costs rose by 573.15 million yuan, an increase of 165.22%, corresponding to the growth in main business revenue[15] - Financial expenses increased by 18.65 million yuan, a growth of 249.71%, due to increased bank loans and corresponding interest expenses[15] - The company reported a decrease in management expenses to CNY 20,462,385.85 from CNY 26,258,277.83 in the previous period[45] - The company has shown a significant reduction in financial expenses, decreasing from ¥3,375,834.36 to ¥1,226,268.68, a drop of about 63.7%[35] Investment Income - The company reported non-recurring gains of CNY 7,192,777.82 for the year-to-date[5] - Investment income rose by 4.61 million yuan, a growth of 300.86%, attributed to increased financial returns from a subsidiary[15] - Investment income for the current period was ¥1,896,353.88, compared to a loss of ¥807,590.73 in the previous period, indicating a turnaround[37] - The company achieved an investment income of CNY 13,590,182.67, a recovery from a loss of CNY 1,750,140.44 in the previous period[45]