神农科技(300189) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥38,968,890.86, a decrease of 22.16% compared to the same period last year[4] - Net profit for the period was ¥524,220.37, representing a significant increase of 107.44% from a net loss of ¥7,258,346.94 in the previous year[4] - The net profit attributable to shareholders was a loss of ¥975,029.12, an improvement of 88.18% from the previous year's loss of ¥8,433,476.87[4] - Total operating revenue decreased to ¥38,968,890.86 from ¥50,061,370.58, representing a decline of approximately 22.3% year-over-year[33] - Total operating costs decreased to ¥39,842,508.70 from ¥58,611,988.20, a reduction of about 31.9% year-over-year[33] - Operating profit turned positive at ¥329,278.26 compared to a loss of ¥7,224,015.78 in the previous period[33] - Net profit for the period was ¥524,220.37, recovering from a net loss of ¥7,048,942.21 in the prior year[34] - The company reported a basic and diluted earnings per share of -¥0.0010, improving from -¥0.0081 in the prior year[34] Cash Flow - The net cash flow from operating activities improved by 73.42%, amounting to -¥1,502,595.29 compared to -¥5,653,251.32 in the same period last year[21] - Cash flow from operating activities showed a net outflow of ¥1,502,595.29, an improvement from a net outflow of ¥5,653,251.32 in the previous period[36] - Cash flow from investing activities resulted in a net outflow of ¥5,411,248.48, compared to a net outflow of ¥41,814,488.94 last year[38] - Cash flow from financing activities generated a net inflow of ¥1,272,870.62, down from ¥2,147,637.13 in the previous period[38] - The ending cash and cash equivalents balance was ¥51,372,108.54, down from ¥66,013,221.31 at the end of the previous period[38] Assets and Liabilities - Total assets decreased by 2.41% to ¥1,148,937,906.62 from ¥1,172,998,297.13 at the end of the previous year[5] - The company's equity attributable to shareholders decreased by 3.52% to ¥698,135,979.29 from ¥720,582,061.88 at the end of the previous year[5] - Total current assets increased to ¥270,387,694.83 from ¥264,270,740.68, reflecting a growth of about 2.3%[30] - Total non-current assets decreased to ¥878,550,211.79 from ¥913,075,384.57, representing a decline of approximately 3.8%[31] - Total current liabilities decreased to ¥99,769,906.60 from ¥110,676,405.92, reflecting a decline of approximately 9.9%[32] - Total non-current liabilities increased to ¥267,084,972.04 from ¥258,346,214.27, showing an increase of about 3.4%[32] - The company's total equity decreased to ¥782,083,027.98 from ¥808,323,505.06, indicating a decline of approximately 3.2%[32] - The company reported an accumulated deficit of ¥621,473,510.53, worsening from ¥596,035,899.73[32] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 75,536[25] Research and Development - Research and development expenses decreased by 51.10%, amounting to a reduction of ¥129.77 million compared to the previous year[16] Other Income - The company reported an increase in other income by 187.27%, totaling ¥124.62 million due to deferred income amortization and increased government subsidies[18] Future Plans - The company plans to change its accounting policy for investment properties from a cost model to a fair value model starting January 1, 2025[5] - The company plans to continue focusing on cost reduction and operational efficiency to enhance profitability in the upcoming quarters[39]