敦煌种业(600354) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 reached ¥351,206,675.36, representing a year-on-year increase of 70.27%[3] - The net profit attributable to shareholders was ¥24,680,371.34, marking a significant increase of 208.42% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥21,843,824.14, reflecting a substantial increase of 338.45%[3] - The basic earnings per share for the period was ¥0.0468, up by 207.89% year-on-year[3] - The net profit for Q1 2023 was CNY 59,425,508.44, a significant increase from CNY 30,693,775.49 in Q1 2022, representing a growth of approximately 93.8%[17] - The operating profit for Q1 2023 reached CNY 84,385,807.57, compared to CNY 29,569,916.04 in the same period last year, indicating a year-over-year increase of about 185.5%[17] - The total comprehensive income attributable to the parent company was CNY 24,680,371.34, compared to CNY 8,002,070.73 in the same quarter last year, representing a growth of approximately 208.5%[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,881,169,399.19, a decrease of 3.39% from the end of the previous year[4] - Total assets amounted to CNY 1,881,169,399.19 as of March 31, 2023, a decrease from CNY 1,947,139,674.14 at the end of 2022[15] - Total liabilities decreased to CNY 1,145,570,518.65 in Q1 2023, down from CNY 1,217,066,302.04 at the end of 2022[14] - The company reported a total equity of CNY 735,598,880.54 as of March 31, 2023, compared to CNY 730,073,372.10 at the end of 2022[15] - The equity attributable to shareholders increased to ¥664,945,804.68, which is a rise of 3.85% compared to the previous year-end[4] Cash Flow - The net cash flow from operating activities was ¥31,407,610.24, with no applicable year-on-year comparison[3] - Cash flow from operating activities generated a net inflow of CNY 31,407,610.24, a turnaround from a net outflow of CNY 16,902,447.36 in Q1 2022[19] - The net cash outflow from investing activities was CNY -5,155,407.81, compared to CNY -1,784,494.94 in Q1 2022, indicating increased investment activity[19] - The net cash inflow from financing activities was CNY 40,687,227.24, an increase from CNY 20,507,698.57 in the same quarter last year, showing improved financing conditions[19] Shareholder Information - The company had a total of 84,199 common shareholders at the end of the reporting period[9] - The top shareholder, Jiuquan Modern Agriculture (Holding) Group Co., Ltd., held 68,170,168 shares, accounting for 12.92% of the total shares[9] Costs and Expenses - Total operating costs for Q1 2023 were CNY 264,045,490.15, up 49.8% from CNY 176,268,219.62 in Q1 2022[15] - Research and development expenses for Q1 2023 were CNY 1,998,248.57, slightly down from CNY 2,106,798.94 in Q1 2022[15] Other Financial Metrics - The weighted average return on equity was 3.78%, an increase of 2.49 percentage points from the previous year[3] - Cash and cash equivalents increased to CNY 834,293,307.63 as of March 31, 2023, compared to CNY 765,473,238.55 at the end of 2022, reflecting a growth of 9.0%[12] - Accounts receivable rose to CNY 119,245,813.45 in Q1 2023, up 53.6% from CNY 77,551,534.72 at the end of 2022[12] - Inventory decreased to CNY 196,522,314.66 in Q1 2023, down 46.0% from CNY 363,573,564.67 in Q1 2022[13] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 801,779,933.68, up from CNY 484,941,931.78 at the end of Q1 2022, indicating an increase of about 65.2%[19] - The company incurred a credit impairment loss of CNY -6,115,343.90, compared to CNY -3,953,321.02 in the previous year, reflecting a deterioration in credit quality[17]