天禾股份(002999) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥3,934,068,590.50, representing a 21.59% increase compared to ¥3,235,500,068.83 in the same period last year[5] - Net profit attributable to shareholders was ¥14,264,172.96, a significant increase of 107.32% from ¥6,880,223.91 year-on-year[5] - Basic earnings per share increased to ¥0.04, doubling from ¥0.02 in the same quarter last year[5] - Operating profit for the quarter was ¥17,291,115.79, nearly doubling from ¥8,648,467.12, driven by increased market demand[8] - The total profit for the period was ¥17,466,509.13, a 96.43% increase compared to ¥8,891,978.38 in the previous year[8] - Net profit for the current period was ¥13,043,195.01, representing a significant increase of 88.5% from ¥6,924,933.19 in the previous period[19] - The total comprehensive income for the current period is CNY 13,023,333.39, compared to CNY 6,815,579.14 in the previous period, representing an increase of approximately 91.5%[20] Cash Flow - The net cash flow from operating activities was -¥31,260,735.76, showing a 97.69% improvement compared to -¥1,355,357,393.23 in the previous year[5] - The net cash flow from operating activities is CNY -31,260,735.76, an improvement from CNY -1,355,357,393.23 in the previous period[23] - Cash inflow from sales of goods and services reached CNY 4,418,512,549.13, up from CNY 3,482,156,610.05, indicating a growth of about 27%[22] - The net cash flow from investing activities is CNY -47,695,189.22, compared to CNY -106,144,428.85 in the previous period, showing a reduction in cash outflow[23] - The cash outflow from financing activities is CNY -147,174,271.46, a decrease from CNY 1,501,781,094.57 in the previous period, indicating a shift in financing strategy[23] - The cash outflow for purchasing goods and services was CNY 4,286,983,702.84, down from CNY 4,546,078,778.77 in the previous period, showing a decrease of approximately 5.7%[23] Assets and Liabilities - Total assets as of March 31, 2025, were ¥8,467,836,048.86, up 2.68% from ¥8,246,845,360.85 at the end of the previous year[5] - Total liabilities rose to ¥6,734,955,655.85, up from ¥6,527,148,301.23, indicating an increase of 3.2%[17] - The company's total assets increased to ¥8,467,836,048.86, compared to ¥8,246,845,360.85, marking a growth of 2.7%[17] - The total equity attributable to the parent company was ¥1,225,101,484.41, up from ¥1,210,857,173.07, showing a growth of 1.2%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 30,704[10] - The largest shareholder, Guangdong Supply and Marketing Group Co., Ltd., holds 34.28% of the shares, totaling 119,140,000 shares[10] - The total number of preferred shareholders is zero, indicating no preferred shares are currently issued[11] - The company has not reported any changes in the top 10 shareholders due to margin trading activities[11] - The company has not disclosed any related party transactions among shareholders beyond the known relationships[10] - The company has not reported any changes in the number of preferred shareholders or their holdings[11] Research and Development - Research and development expenses rose by 43.64% to ¥1,154,702.57, reflecting increased investment in R&D[8] - Research and development expenses increased to ¥1,154,702.57 from ¥803,895.65, reflecting a growth of 43.5%[19] Investment Activities - The company reported a 740.59% increase in investment income, amounting to ¥550,529.82, attributed to futures hedging activities[8] - The company received CNY 160,000.00 from investment activities, a decrease from CNY 2,720,000.00 in the previous period, indicating a decline in investment inflow[23] Company Development - The company has established 38 county-level agricultural service companies as of March 31, 2025, with a planned total of 100[11] - The company plans to invest no less than ¥198,000 in each county-level agricultural service company, with local cooperatives and social capital contributing up to ¥102,000[11] Governance - The independent director, Yang Biao, will complete his six-year term on May 16, 2024, and a new independent director will be elected on March 25, 2025[12] - The company has not undergone an audit for the first quarter report[24]