新农开发(600359) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue increased by 78.69% to CNY 191,204,473.51 year-on-year[5] - Net profit attributable to shareholders increased by 117.66% to CNY 22,880,827.01 compared to the same period last year[5] - Basic earnings per share rose by 114.28% to CNY 0.06 per share compared to the previous year[5] - The company reported a net profit after deducting non-recurring gains and losses of CNY 19,241,780.77, an increase of 114.87% year-on-year[5] - Net profit for Q1 2021 was ¥22,461,162.88, compared to ¥12,096,117.80 in Q1 2020, representing an increase of 85.5%[20] - The company's total revenue for Q1 2021 was not explicitly stated, but the net profit reached CNY 2,690,521.40, a significant recovery from a net loss of CNY 44,243,631.26 in Q1 2020[22] - Operating profit for Q1 2021 was CNY 2,684,501.17, compared to an operating loss of CNY 44,243,631.26 in the same period last year, indicating a turnaround in operational performance[22] - Comprehensive income for Q1 2021 totaled ¥22,385,200.26, compared to ¥11,077,778.11 in Q1 2020, reflecting strong overall performance[20] Assets and Liabilities - Total assets decreased by 5.17% to CNY 1,661,297,114.85 compared to the end of the previous year[5] - Total current assets decreased to ¥769,675,746.26 from ¥864,604,825.08, a decline of approximately 10.9% year-over-year[14] - Total liabilities decreased to ¥1,156,771,852.23 from ¥1,269,739,624.33, a decline of about 8.9%[15] - Total assets decreased to ¥1,535,384,865.77 in Q1 2021 from ¥1,594,337,308.85 in Q1 2020[18] - Total liabilities decreased to ¥612,299,691.08 in Q1 2021 from ¥673,931,440.28 in Q1 2020[18] - The company reported a total equity of ¥923,085,174.69 in Q1 2021, slightly up from ¥920,405,868.57 in Q1 2020[18] Cash Flow - Net cash flow from operating activities increased by 35.56% to CNY 33,759,848.35 year-on-year[5] - The company reported a net cash flow from operating activities of CNY 33,759,848.35, an increase from CNY 24,903,814.59 in Q1 2020[24] - The net cash flow from investing activities was CNY 29,109,525.57 in Q1 2021, recovering from a negative cash flow of CNY -369,539.27 in Q1 2020[25] - The net cash flow from financing activities was $23,084,162.20, recovering from a net outflow of $71,483,720.39 in the previous period[28] - The total cash and cash equivalents at the end of the period reached $32,916,474.91, compared to $19,052,039.13 in the prior period[28] Shareholder Information - The number of shareholders reached 69,988 at the end of the reporting period[10] - The largest shareholder, Aral Tongzhong State-owned Assets Management Co., Ltd., holds 40.32% of the shares[10] Expenses and Costs - Total operating costs for Q1 2021 were ¥172,169,844.29, up 89.0% from ¥91,245,531.18 in Q1 2020[19] - Research and development expenses increased to ¥1,976,876.38 in Q1 2021 from ¥1,040,254.98 in Q1 2020, indicating a focus on innovation[19] - The company incurred management expenses of CNY 3,725,572.29 in Q1 2021, compared to CNY 2,660,542.35 in Q1 2020, reflecting increased operational costs[22] - Financial expenses decreased significantly to CNY 1,181,871.85 in Q1 2021 from CNY 4,469,711.60 in Q1 2020, indicating improved financial management[22] Other Financial Metrics - The weighted average return on equity increased by 2.29 percentage points to 4.64%[5] - Cash inflow from investment activities totaled $889,852.00, up from $400,000.00 in the prior period[28] - The company generated CNY 29,889,852.00 from the disposal of fixed assets in Q1 2021, a substantial increase from CNY 675,854.94 in Q1 2020[25] - The company reported a total comprehensive income of CNY 2,614,558.78 for Q1 2021, compared to a loss of CNY -45,261,970.95 in the same period last year[23] Asset Management - Accounts receivable increased to ¥33,164,455.61 from ¥22,842,501.76, representing a growth of about 45.1%[14] - Inventory decreased to ¥304,746,182.55 from ¥380,916,004.19, a reduction of approximately 20%[14] - Cash and cash equivalents increased to ¥135,101,017.47 from ¥105,904,442.39, a growth of approximately 27.5%[13] - Other receivables decreased to ¥205,834,670.95 from ¥261,838,422.58, a decline of about 21.4%[13] - Short-term borrowings decreased to ¥547,272,157.96 from ¥550,633,387.50, a slight reduction of about 0.6%[15] - Total equity increased to ¥504,525,262.62 from ¥482,140,062.36, an increase of approximately 4.5%[15]