神农集团(605296) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥1,161,510,101.46, representing a year-over-year increase of 29.91%[4] - The net profit attributable to shareholders for Q3 2023 was ¥46,700,579.96, a decrease of 69.80% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥47,603,753.11, down 68.91% year-over-year[4] - The basic and diluted earnings per share for Q3 2023 were both ¥0.09, reflecting a decrease of 70.00% compared to the previous year[6] - Operating revenue for the current reporting period increased by 29.91% due to higher pig sales and slaughter volumes compared to the same period last year[25] - Net profit attributable to shareholders of the listed company decreased by 69.80% primarily due to a decline in pig prices compared to the same period last year[25] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 68.91% for the current reporting period[25] - Basic and diluted earnings per share for the current reporting period both decreased by 70.00% due to lower pig prices compared to the same period last year[25] Assets and Liabilities - The total assets as of September 30, 2023, were ¥5,631,786,633.99, an increase of 2.97% from the end of the previous year[6] - The total liabilities as of the reporting period amounted to RMB 1,254,291,358.61, compared to RMB 790,816,465.41 in the previous year[36] - The company's equity attributable to shareholders decreased from RMB 4,678,446,229.59 to RMB 4,374,859,079.24 over the reporting period[36] - Total assets increased to ¥3,884,905,159.78 from ¥3,549,393,452.57[45] - Total liabilities rose to ¥403,356,557.63 from ¥142,618,463.61[46] - Owner's equity totaled ¥3,481,548,602.15, up from ¥3,406,774,988.96[46] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥24,298,290.29, indicating a significant decline[6] - The net cash flow from operating activities for the year-to-date decreased by 203.96% due to declining pig sales prices[25] - Net cash flow from operating activities was -¥24,298,290.29, a decline from -¥7,993,976.91 in the previous period[41] - The cash flow from operating activities for the first three quarters of 2023 was CNY 34,585,245.43, an improvement from a negative cash flow of CNY 66,964,292.41 in the same period of 2022[71] - The total cash and cash equivalents at the end of Q3 2023 was CNY 784,556,951.01, compared to CNY 697,703,431.27 at the end of Q3 2022[65] - The net cash flow from financing activities was $171.45 million, a significant improvement from -$45.60 million last year[76] - The net increase in cash and cash equivalents was -$159.22 million, compared to -$61.54 million in the previous period[76] Operating Costs and Expenses - Total operating costs for the first three quarters of 2023 were RMB 2,990,643,645.29, up from RMB 2,010,212,933.29 in the same period of 2022[36] - The company incurred a total operating cost of CNY 225,065,575.93 in the first three quarters of 2023, down from CNY 478,533,066.17 in the same period of 2022[68] - The company’s financial expenses for the first three quarters of 2023 included interest expenses of CNY 1,796,616.53, compared to CNY 817,198.53 in the same period of 2022[68] - The company reported a total of CNY 14,563,195.51 in R&D expenses for the first three quarters of 2023, a decrease from CNY 16,781,824.56 in the same period of 2022[68] Other Financial Metrics - The weighted average return on equity for Q3 2023 was 1.08%, a decrease of 2.55 percentage points from the same period last year[6] - The total comprehensive income attributable to the parent company was -¥217,118,154.61, compared to ¥31,880,930.89 in the previous period[39] - Basic and diluted earnings per share were both -¥0.42, down from ¥0.06 in the previous period[39] - Interest income for the reporting period was $4,975,404.82, compared to $2,597,179.03 in the previous period, reflecting a significant increase[48] - Total profit amounted to $158,684,092.57, up from $4,214,010.87, indicating a substantial growth in profitability[48] - Net profit reached $161,291,824.02, compared to $1,168,590.22 in the prior period, showcasing a remarkable improvement[48] Compliance and Regulatory Issues - The company incurred a fine of RMB 387,000 due to non-compliance with environmental protection facility requirements[30] - The company did not receive any administrative penalties related to environmental issues during the reporting period[55] - The company’s subsidiary, Xuanwei Shennong Food Co., Ltd., completed liquidation and deregistration on September 5, 2023, due to changes in the external operating environment[53]