SLKG(SZ:000019)2023-04-25 16:00Financial Position - As of the end of 2022, cash and cash equivalents amounted to ¥54,103,771, representing 0.73% of total assets, an increase of 0.07% from the beginning of the year [2]. - Accounts receivable decreased to ¥236,829,100.95, accounting for 3.18% of total assets, down by 0.51% compared to the beginning of the year [2]. - Inventory increased to ¥3,599,041,970.52, making up 48.37% of total assets, up by 3.25% from the previous year [4]. - Total assets at the end of the reporting period amounted to ¥1,351,456,191.58, with net assets of ¥275,992,369.89 [27]. - The company's total assets at the end of the reporting period were approximately 4.6 billion yuan, indicating a solid asset base [164]. - Total assets increased to approximately ¥5.81 billion as of December 31, 2022, compared to ¥5.43 billion at the beginning of the year, reflecting a growth of about 6.98% [174]. Borrowings and Liabilities - Short-term borrowings rose significantly to ¥1,192,211,087.37, which is 16.02% of total assets, an increase of 9.44% due to increased operating loans [4]. - Long-term borrowings were reduced to zero, down from ¥730,521,692.22, a decrease of 9.52% as the company repaid its long-term loans [4]. - Current liabilities rose from CNY 2,034,252,553.16 to CNY 2,426,832,951.89 [142]. - Total liabilities increased to approximately ¥1.16 billion from ¥828.28 million, representing a growth of about 39.66% [174]. - The total liabilities decreased from CNY 2,972,712,639.61 in 2021 to CNY 2,608,849,490.77 in 2022, a reduction of about 12.2% [149]. Revenue and Profitability - The company reported a total revenue of CNY 7,862,449,432.51 and a net profit of CNY 300,128,204.88 from its subsidiary Shenzhen Grain Group Co., Ltd. during the reporting period [20]. - The company achieved a total revenue of ¥1,835,298,577.12 and a net profit of ¥107,407,979.45 for the reporting period [27]. - The company reported a net profit of CNY 300.13 million for the reporting period, with a net profit attributable to the parent company of CNY 278.21 million [87]. - The net profit for 2022 was CNY 340,486,742.50, compared to CNY 232,079,150.47 in 2021, indicating an increase of approximately 46.7% [150]. - The company's total comprehensive income for the period was approximately 428.72 million, reflecting a decrease of 15.05% compared to the previous year [191]. Cash Flow - The net cash flow from operating activities was ¥531,888,766.64, an increase of 20.8% compared to ¥440,396,029.54 in 2021 [152]. - Total cash inflow from operating activities decreased to ¥8,994,941,611.03 in 2022, down 21.0% from ¥11,397,219,997.66 in 2021 [152]. - The net cash flow from investing activities was -¥14,778,410.71 in 2022, an improvement from -¥543,962,210.78 in 2021 [153]. - The ending cash and cash equivalents balance was ¥53,095,469.26 in 2022, up from ¥49,370,080.20 in 2021 [153]. Investments and Acquisitions - The company reported a significant decrease in investment amounting to ¥78,284,825, down 86% from ¥540,741,002.73 in the previous year [10]. - The company is in the process of acquiring 100% equity of Shenzhen Grain Group Co., Ltd. from Shenzhen Food Material Group Co., Ltd. through a share issuance [5]. - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth [156]. Shareholder Information - The company has a total of 1,152,535,254 shares, with 59.40% being restricted shares [45]. - The largest shareholder, Shenzhen Food Material Group Co., Ltd., holds 63.79% of the total shares, amounting to 735,237,253 shares [62]. - The total equity attributable to the owners of the parent company at the end of the period was approximately 5.25 billion, a decrease from 6.44 billion in the previous year [191]. Operational Performance - The company has not sold any major assets during the reporting period, indicating stability in its asset management [19]. - The company has not experienced any bankruptcy restructuring or penalties during the reporting period, reflecting a sound operational status [16][22]. - The company has maintained a stable operational structure with no substantial impact from the bankruptcy liquidation of a subsidiary during the reporting period [86]. Compliance and Governance - The implementation of new accounting regulations since January 1, 2022, has not had a significant impact on the company's financial status or operating results [11]. - The audit opinion for the financial statements was a standard unqualified opinion, issued by Lixin Certified Public Accountants on April 24, 2023 [76]. - The company has maintained a continuous audit service from its accounting firm for 4 years, ensuring consistent financial oversight [15].