华英农业(002321) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥1,719,322,472.64, an increase of 8.87% compared to the same period last year[4] - The net profit attributable to shareholders was -¥11,598,894.83, a decrease of 178.09% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥15,041,774.11, a decline of 634.09% compared to the previous year[4] - Total operating revenue for the current period reached ¥3,790,495,550.04, a slight increase of 0.89% compared to ¥3,756,923,951.36 in the previous period[22] - Net profit for the current period was ¥28,068,053.79, a decrease of 66.47% from ¥83,671,790.69 in the previous period[23] - The company recorded a total profit of ¥44,506,270.52, down 54.7% from ¥98,267,504.93 in the previous period[23] - Basic earnings per share for the current period was -¥0.0153, compared to ¥0.0154 in the previous period[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,950,307,544.95, reflecting a growth of 7.03% from the end of the previous year[4] - Total current assets increased to ¥2,323,049,207.14 from ¥1,977,213,338.18, representing a growth of approximately 17.5%[18] - Total assets at the end of the reporting period reached ¥3,950,307,544.95, up from ¥3,690,950,818.58, indicating an increase of about 7%[19] - Total liabilities increased to ¥2,506,257,496.94 from ¥2,254,707,390.51, reflecting a growth of approximately 11.1%[19] - The company reported a total of 1,531,716,596.33 in current liabilities, up from 1,255,826,849.56, marking an increase of about 22%[19] - Long-term borrowings rose to ¥13,822,595.83 from ¥7,812,787.50, an increase of approximately 76.5%[19] Cash Flow - The cash flow from operating activities was ¥237,406,776.94, up 76.64% year-on-year, attributed to reduced cash payments in operating activities[12] - The company reported a net cash flow from operating activities of ¥237,406,776.94, an increase of 76.83% compared to ¥134,399,879.55 in the prior period[25] - Cash received from sales of goods and services was ¥3,468,875,005.28, a decrease of 10.66% from ¥3,883,693,352.03 in the previous period[25] - Net cash flow from investing activities was -$18.8 million, compared to -$26.2 million in the previous period, indicating an improvement of approximately 28%[26] - Total cash inflow from financing activities was $828.5 million, slightly up from $806.5 million year-over-year, reflecting a growth of about 2%[26] - Net cash flow from financing activities was -$264.4 million, worsening from -$151.6 million in the previous period, representing a decline of approximately 74%[26] - The net increase in cash and cash equivalents was -$42.8 million, compared to -$40.3 million in the prior period, showing a slight deterioration of about 6%[26] - The ending balance of cash and cash equivalents was $113.4 million, up from $63.5 million year-over-year, indicating a significant increase of approximately 78%[26] - The company’s cash outflow from financing activities totaled $1.09 billion, compared to $958 million in the previous period, marking an increase of about 14%[26] - Cash received from borrowings was $213.4 million, down from $309.4 million, reflecting a decrease of approximately 31%[26] - Cash paid for debt repayment was $158 million, consistent with the previous period's $157.8 million, indicating stability in debt servicing[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 38,748[14] - The largest shareholder, Xinyang Dingxin Xinghua Industrial Investment Partnership, holds 24.00% of shares, totaling 511,893,617 shares[14] - The second-largest shareholder, Henan Guangzhou Chenyue Industrial Co., Ltd., holds 16.01% of shares, totaling 341,519,859 shares, with 267,620,000 shares pledged and 135,000,000 shares frozen[14] Inventory and Receivables - Accounts receivable increased by 66.87% to ¥887,407,371.69, primarily due to sales on credit[9] - Inventory decreased by 41.80% to ¥573,006,534.54, mainly due to product sales[10] - Accounts receivable rose significantly to ¥887,407,371.69 from ¥531,800,717.46, an increase of about 67%[18] - Inventory decreased to ¥573,006,534.54 from ¥984,609,949.52, a decline of approximately 41.8%[18] Other Financial Metrics - The company experienced a 112.24% decline in investment income, reporting -¥3,006,894.84, primarily due to the poor performance of associated companies[11] - Research and development expenses were ¥5,149,507.84, down 25.6% from ¥6,922,373.63 in the previous period[22] - The company's equity attributable to shareholders decreased to ¥929,103,322.06 from ¥961,333,689.30, reflecting a decline of 3.34%[20] Audit and Accounting Standards - The company did not undergo an audit for the third quarter financial report, which may affect the reliability of the reported figures[27] - The new accounting standards will be first implemented starting in 2025, which may impact future financial reporting[28]