智慧农业(000816) - 2017 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2017 was CNY 517,693,607.60, representing a 4.28% increase compared to CNY 496,428,245.51 in the same period last year[8] - Net profit attributable to shareholders decreased by 47.09% to CNY 5,339,980.75 from CNY 10,091,976.27 year-on-year[8] - Basic and diluted earnings per share fell by 46.48% to CNY 0.0038 from CNY 0.0071 in the same quarter last year[8] - Total profit decreased by 190.94% compared to the previous period, mainly due to the decline in operating profit[18] - Net profit decreased by 140.93% compared to the previous period, primarily due to the decline in operating profit[18] Cash Flow - The net cash flow from operating activities dropped significantly by 94.59%, amounting to CNY 1,410,719.18 compared to CNY 26,098,069.57 in the previous year[8] - Cash flow from operating activities decreased by ¥24,687,350.39 compared to the previous period, mainly due to increased cash outflow for raw material purchases[18] - Cash flow from investing activities increased by ¥21,071,151.65 compared to the previous period, mainly due to reduced cash outflow for fixed asset purchases[18] - Cash flow from financing activities increased by ¥26,724,502.27 compared to the previous period, primarily due to increased borrowings[18] Assets and Liabilities - Total assets increased by 3.49% to CNY 6,699,417,943.02 from CNY 6,473,676,401.10 at the end of the previous year[8] - The net assets attributable to shareholders decreased slightly by 0.29% to CNY 3,337,470,046.66 from CNY 3,347,101,565.12 at the end of the previous year[8] - Accounts receivable increased by 48.55% compared to the beginning of the period, mainly due to new sales within the credit period[18] - Tax payable decreased by 67.07% compared to the beginning of the period, primarily due to tax payments made for the previous period[18] - Long-term borrowings increased by 118.64% compared to the beginning of the period, mainly due to increased borrowings during the current period[18] Shareholder Information - The total number of shareholders at the end of the reporting period was 104,111[11] Equity and Returns - The weighted average return on equity decreased by 0.14 percentage points to 0.16% from 0.30% year-on-year[8] - The company reported non-recurring gains of CNY 10,696,358.09, primarily from the disposal of non-current assets[9] Operational Performance - Operating profit decreased significantly compared to the previous period, primarily due to rising material costs leading to a decline in gross profit[18] - The company transferred 51% equity stakes in Chongqing Nongding Agricultural Development Co., Ltd. and Shanghai Henong Network Technology Co., Ltd. for CNY 11.3 million to a related party, with a down payment of CNY 4 million received[15]