苏垦农发(601952) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period from January to September was ¥5,169,846,536.16, representing a significant increase of 60.40% year-on-year[18]. - Net profit attributable to shareholders was ¥387,054,802.95, a decrease of 13.04% compared to the same period last year[18]. - The net cash flow from operating activities was -¥39,914,622.94, a decline of 229.27% compared to the previous year[18]. - Basic earnings per share decreased by 12.50% to ¥0.28[20]. - Total revenue for Q3 2019 reached ¥2,086,678,326.41, a significant increase from ¥1,158,398,444.63 in Q3 2018, representing an 80% year-over-year growth[53]. - The net profit for the first nine months of 2019 was ¥1,431,631,281.84, slightly down from ¥1,432,588,816.63 in the same period of 2018[51]. - The total revenue for the first three quarters of 2019 reached approximately ¥1.60 billion, while the total revenue for the same period in 2018 was approximately ¥1.66 billion, indicating a slight decline of about 4.0%[64]. - The total profit for the first three quarters was CNY 125,508,833.90, compared to CNY 66,767,269.16 in the previous year, reflecting a growth of about 88%[70]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥7,682,486,472.81, an increase of 9.98% compared to the end of the previous year[18]. - The company’s total assets increased significantly due to the acquisition, impacting various financial metrics positively and negatively[29]. - Total liabilities rose to CNY 1,627,895,343.17 from CNY 1,300,928,049.05, reflecting an increase of approximately 25%[43]. - The total liabilities amounted to ¥1,300,928,049.05, with current liabilities totaling ¥1,079,049,984.14[88]. - The total equity attributable to shareholders reached ¥5,594,099,929.06, contributing to total equity of ¥5,684,489,270.78[90]. Cash Flow - The net cash flow from operating activities was negative at RMB -39,914,622.94, a decline of 229.27% compared to the previous period[29]. - Cash inflow from operating activities totaled CNY 2,156,271,508.95, an increase of 5.5% compared to CNY 2,043,165,609.41 in the same period last year[80]. - Cash inflow from investment activities totaled CNY 7,128,499,309.12, compared to CNY 6,573,519,891.27 in the same period last year, showing an increase of about 8.4%[76]. - The cash outflow from financing activities was CNY 738,840,969.59, up from CNY 370,834,062.39 in the previous year, indicating a significant increase of approximately 99%[78]. - The ending balance of cash and cash equivalents was CNY 277,388,000.73, down from CNY 339,012,547.73 in the previous year[82]. Shareholder Information - The total number of shareholders at the end of the reporting period was 59,500[22]. - The largest shareholder, Jiangsu Agricultural Reclamation Group Co., Ltd., held 67.84% of the shares[22]. Operational Metrics - The operating cost was RMB 4,527,772,040.38, reflecting a 71.82% increase year-on-year[29]. - The gross profit margin for the first nine months of 2019 was approximately 19.5%, up from 18.1% in the same period of 2018[53]. - The company reported a significant increase in accounts receivable, which rose by 116.98% to RMB 346,053,389.39, attributed to the consolidation of Jin Taiyang Grain and Oil's receivables[29]. - The company’s short-term borrowings increased by 86.23% to RMB 228,292,645.94, mainly due to the consolidation of Jin Taiyang Grain and Oil's debts[29]. Government Support and Other Income - The company received government subsidies amounting to ¥40,539,285.39 during the reporting period[21]. - The company reported a total of ¥19,898,005.36 in non-operating income for the period[21]. - The company’s other income increased by 38.98% to RMB 181,694,817.05, driven by agricultural support subsidies[29].