扬农化工(600486) - 2019 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 1,069,566,719.63, representing a year-on-year increase of 14.69%[4] - Operating income for the first nine months was CNY 7,061,918,362.42, an increase of 1.09% compared to the same period last year[4] - Basic earnings per share increased to CNY 3.451, a rise of 14.69% compared to the previous year[5] - The weighted average return on equity was 19.30%, an increase of 0.56 percentage points[5] - The company reported a total of CNY 275,826,754.13 in non-recurring gains and losses for the first nine months[6] - The company reported a net profit of approximately ¥1.07 billion for the first nine months of 2019, an increase of 10.4% compared to ¥971.34 million in the same period of 2018[29] - The total profit for Q3 2019 was ¥25.78 million, up from ¥15.89 million in the same period last year, reflecting a growth of 62.5%[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,567,125,380.98, a decrease of 8.75% compared to the end of the previous year[4] - The total assets decreased to CNY 9,567,125.38 million from CNY 10,483,976.49 million year-on-year[20] - The total liabilities decreased to CNY 4,474,608.95 million from CNY 5,092,896.35 million year-on-year[20] - Total liabilities decreased from CNY 5,156,832,105.49 to CNY 4,545,350,560.89, a reduction of approximately 11.8%[22] - Total current liabilities amount to approximately ¥5.09 billion, with accounts payable at ¥1.35 billion and short-term borrowings at ¥1.69 billion[48] - Total liabilities amount to approximately ¥5.16 billion, while total equity stands at approximately ¥5.33 billion, resulting in total liabilities and equity of approximately ¥10.48 billion[49] Cash Flow - The net cash flow from operating activities was CNY 986,279,020.13, down 7.91% year-on-year[4] - The cash flow from operating activities for the first three quarters of 2019 was approximately ¥986.28 million, down from ¥1,071.05 million in the same period of 2018[39] - The total cash inflow from operating activities for the first three quarters of 2019 was approximately ¥6.90 billion, down from ¥7.28 billion in the same period of 2018[39] - The cash inflow from financing activities totaled CNY 300,000,000.00 in 2019, down from CNY 410,436,090.26 in 2018, representing a decrease of 26.9%[43] - The net cash flow from financing activities was -CNY 290,356,129.59, compared to -CNY 75,129,669.28 in the previous year, indicating increased cash outflows[43] Shareholder Information - The total number of shareholders at the end of the reporting period was 17,027[7] - The top shareholder, Jiangsu Yangnong Chemical Group Co., Ltd., held 112,084,812 shares, accounting for 36.17% of total shares[7] Investment and Acquisitions - The company completed the acquisition of 100% equity in Sinochem Crop Protection Co., Ltd. and Shenyang Sinochem Agrochemical R&D Co., Ltd. for CNY 913 million[14] - Interest income increased by 248.01% to CNY 2,129.23 million due to accumulated interest from significant asset acquisitions[13] - The company’s investment income for Q3 2019 was ¥1.88 million, a decrease from ¥7.85 million in Q3 2018[36] Other Financial Metrics - Government subsidies recognized in the first nine months amounted to CNY 8,659,115.13[6] - Research and development expenses for Q3 2019 were approximately ¥63.69 million, a significant decrease of 31.5% from ¥92.90 million in Q3 2018[27] - The company has reported a total of ¥1.69 billion in capital reserves, which supports its financial stability[49] - The company has a total of ¥2.77 billion in undistributed profits, showing retained earnings for future growth[49]