登海种业(002041) - 2025 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2025 was CNY 162,646,807.82, a decrease of 30.04% compared to CNY 232,497,977.07 in the same period last year[4] - Net profit attributable to shareholders was CNY 24,597,739.66, down 18.37% from CNY 30,133,562.85 year-on-year[4] - Net profit after deducting non-recurring gains and losses was CNY 4,123,772.78, a significant decline of 70.24% compared to CNY 13,856,322.25 in the previous year[4] - Total operating revenue for the current period was ¥162,646,807.82, a decrease of 30% compared to ¥232,497,977.07 in the previous period[15] - Net profit for the current period was ¥26,783,647.91, down 16% from ¥32,046,609.60 in the previous period[16] - Earnings per share (EPS) decreased to ¥0.0280 from ¥0.0342, representing a decline of 18%[16] Assets and Liabilities - The company's total assets decreased by 2.24% to CNY 4,769,032,284.73 from CNY 4,878,071,041.66 at the end of the previous year[4] - The total current assets are reported at ¥3,912,842,749.98, down from ¥4,012,606,530.60 at the beginning of the period[13] - The total liabilities decreased from ¥853,571,255.63 to ¥681,434,444.86 during the reporting period[13] - The company's inventory stands at ¥791,113,871.16, down from ¥840,862,539.38[12] - The total assets amount to ¥4,769,032,284.73, a decrease from ¥4,878,071,041.66[13] - Total liabilities decreased to ¥795,481,543.42 from ¥931,303,948.26, a reduction of about 15%[14] - Total equity increased to ¥3,973,550,741.31 from ¥3,946,767,093.40, reflecting a growth of approximately 1%[14] Cash Flow - Cash flow from operating activities showed a slight improvement, with a net outflow of CNY 81,604,393.44, compared to CNY 81,826,964.81 in the same period last year, reflecting a 0.27% change[4] - Cash inflow from investment activities was ¥1,020,493,734.95, down from ¥1,313,967,455.42, indicating a decrease of about 22%[17] - Cash outflow for investment activities was ¥916,335,905.31, compared to ¥977,232,346.09 in the previous period, showing a reduction of approximately 6%[17] - The net cash flow from investment activities decreased significantly by CNY 232,577,279.69, primarily due to reduced purchases and redemptions of financial products[8] - The ending balance of cash and cash equivalents was CNY 448,285,907.29, down from CNY 678,789,795.57 year-over-year, showing a decrease in liquidity[18] - The net increase in cash and cash equivalents for the quarter was CNY 22,440,113.12, a significant drop from CNY 255,508,247.62 in the previous year[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 67,877[9] - The largest shareholder, Laizhou Agricultural Academy, holds 53.21% of the shares, totaling 468,223,255 shares[9] - The company has no preferred shareholders or related matters reported[11] - The company has not reported any changes in the participation of major shareholders in margin trading[10] Other Financial Metrics - The company reported a 42.30% increase in prepaid accounts compared to the beginning of the year, primarily due to prepayments for seed production in 2025[7] - Other income increased by 107.67% year-on-year, mainly due to an increase in government subsidies recognized during the period[8] - The company experienced a 6996.00% increase in asset disposal income, attributed to the disposal of assets by a subsidiary[8] - The company's weighted average return on equity decreased to 0.68% from 0.84% in the previous year[4] - Deferred income increased to ¥105,920,227.49 from ¥71,442,364.90, representing a growth of about 48%[14] - Cash flow from financing activities totaled CNY 23,013,323.08, an increase from CNY 6,999,896.90 in the previous year, reflecting a significant growth in financing activities[18] - The net cash flow from financing activities was negative at CNY -113,323.08, compared to a positive CNY 600,103.10 in the same period last year, indicating a shift in financing strategy[18] - The company did not undergo an audit for the first quarter report, which may affect the perception of financial reliability[19]