苏垦农发(601952) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was approximately CNY 2.70 billion, representing a year-on-year increase of 48.35%[7] - The net profit attributable to shareholders for the same period was approximately CNY 213.51 million, an increase of 7.63% compared to the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 150.97 million, showing a decrease of 4.71% year-on-year[7] - The net profit for Q3 2021 was CNY 579,231,682.94, an increase from CNY 548,097,063.77 in Q3 2020, representing a growth of approximately 5.2%[38] - The total operating profit for Q3 2021 reached CNY 616,431,691.28, compared to CNY 568,532,312.15 in the same period last year, indicating an increase of about 8.4%[38] - The total revenue from sales of goods and services for the first three quarters of 2021 was CNY 8,242,246,700.83, up from CNY 6,579,544,343.68 in the same period of 2020, reflecting a growth of about 25.3%[42] - The basic earnings per share for Q3 2021 was CNY 0.39, compared to CNY 0.38 in Q3 2020, showing a slight increase of 2.6%[38] - The total comprehensive income for Q3 2021 was CNY 579,231,682.94, an increase from CNY 548,097,063.77 in Q3 2020, representing a growth of approximately 5.7%[38] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was approximately CNY 160.00 million, reflecting a significant increase of 157.72%[7] - Cash flow from operating activities for the first three quarters of 2021 was CNY 159,998,883.13, significantly higher than CNY 62,081,892.25 in the previous year, marking an increase of approximately 158.5%[42] - The company's cash and cash equivalents amounted to approximately ¥920.26 million as of September 30, 2021, down from ¥952.74 million at the end of 2020[26] - The cash and cash equivalents at the end of Q3 2021 amounted to CNY 915,783,600.02, down from CNY 633,669,248.33 at the end of Q3 2020, indicating a decrease of about 44.5%[45] - The net cash flow from investing activities for Q3 2021 was CNY 368,978,462.73, compared to CNY 209,595,993.61 in Q3 2020, reflecting an increase of approximately 76.2%[45] - The total cash outflow from financing activities in Q3 2021 was CNY 1,044,129,571.18, compared to CNY 501,686,374.54 in the same period last year, indicating an increase of about 108.1%[45] Assets and Liabilities - The total assets at the end of the reporting period amounted to approximately CNY 14.07 billion, an increase of 62.22% compared to the end of the previous year[11] - The total assets of the company as of the reporting date were CNY 14,065,216,210.27, significantly higher than CNY 8,670,455,459.46 from the previous year[35] - Total liabilities increased to CNY 8,067,290,884.10 from CNY 1,989,893,124.90, showing a substantial rise[35] - The company's total equity attributable to shareholders decreased to CNY 5,571,242,125.74 from CNY 6,301,366,149.58, a decline of approximately 11.6%[33] - The total liabilities to equity ratio stands at approximately 1.35, indicating a higher leverage compared to the previous year[35] Inventory and Production - The production volume of self-produced wheat decreased by 4.30% year-on-year, while sales volume decreased by 2.40%[18] - The sales volume of externally sourced wheat increased significantly by 143.40% year-on-year, with inventory up by 67.57%[18] - The sales volume of rice dropped by 39.85% year-on-year, while inventory increased by 16.01%[18] - The production volume of rice seeds increased by 9.34% year-on-year, with sales volume up by 7.77%[18] - The sales volume of edible oil decreased by 17.25% year-on-year, despite a significant inventory increase of 54.32%[18] Shareholder Information - As of September 30, 2021, the total number of common shareholders was 68,033, with Jiangsu Agricultural Reclamation Group holding 67.84% of shares[22] - The company has not identified any related party relationships or concerted actions among the top shareholders[24] Expenses - Total operating costs for the first three quarters of 2021 were CNY 6,856,124,685.91, compared to CNY 5,511,057,510.99 in 2020, indicating an increase of about 24.4%[37] - Research and development expenses amounted to CNY 41,284,589.76 in the first three quarters of 2021, up from CNY 36,125,759.31 in 2020, reflecting a growth of approximately 14.0%[37]