京基智农(000048) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 reached ¥2,020,310,009.13, representing a 387.69% increase compared to the same period last year[8]. - Net profit attributable to shareholders was ¥405,613,994.59, a significant increase of 582.92% year-on-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥410,141,195.94, reflecting a 685.30% increase compared to the previous year[8]. - The basic earnings per share for the quarter was ¥1.0078, up 582.79% from ¥0.1476 in the same period last year[8]. - The weighted average return on equity was 13.73%, an increase of 11.02 percentage points from 2.71% in the previous year[8]. - The company reported a substantial increase in tax and additional fees, totaling ¥466,736,294.06, which is an increase of 828.70% compared to ¥50,256,848.05[26]. - The company reported a gross profit of CNY 558,029,276.94 for Q1 2021, compared to CNY 71,864,679.44 in Q1 2020, indicating a significant increase of approximately 676.5%[51]. - The total comprehensive income attributable to the parent company was CNY 405,474,245.60, compared to CNY 59,288,910.42 in the same quarter last year, marking an increase of approximately 584.5%[52]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,099,152,319.94, a decrease of 8.12% from the end of the previous year[8]. - Net assets attributable to shareholders increased by 14.73% to ¥3,157,881,058.58 compared to the end of the previous year[8]. - As of March 31, 2021, the company's total current assets amounted to ¥4,756,878,375.03, a decrease of approximately 30% from ¥6,780,783,587.67 as of December 31, 2020[38]. - The company's total liabilities decreased to ¥5,909,966,785.07 from ¥7,122,525,592.99, indicating a decline of about 17%[41]. - The total liabilities decreased to CNY 4,665,825,373.90 in Q1 2021 from CNY 6,510,154,419.15 in Q1 2020, a reduction of approximately 28.3%[47]. - The total equity attributable to shareholders rose to ¥3,157,881,058.58 from ¥2,752,406,812.98, an increase of about 15%[42]. - Non-current liabilities totaled CNY 888,919,423.61, down from CNY 962,540,463.57, a reduction of CNY 73,621,039.96[65]. Cash Flow - The net cash flow from operating activities was negative at -¥598,524,003.01, a decline of 308.55% compared to the previous year[8]. - The company reported a cash flow from operating activities of CNY -598,524,003.01, a decline from CNY 286,990,215.24 in the previous year, indicating a negative cash flow situation[57]. - Total cash inflow from operating activities was 1,214,485,936.18 yuan, while cash outflow was 2,578,915,608.97 yuan, resulting in a net cash outflow of 1,364,429,672.79 yuan[61]. - The total cash outflow from investment activities was 2,094,104,634.54 yuan, significantly higher than 1,321,513,803.50 yuan in the previous period[61]. - The company incurred a total of 2,073,000,000.00 yuan in cash payments related to investment activities, which is a substantial increase from 1,281,197,798.50 yuan in the previous period[61]. Investments and Projects - The cash flow from investing activities showed a significant outflow of ¥1,164,481,802.47, up 1023.59% from ¥103,638,994.71, mainly due to increased investments in pig farming projects[26]. - The fixed assets increased by 59.74% to ¥859,711,880.91, driven by the construction of pig farming projects[24]. - The company’s long-term borrowings rose by 46.55% to ¥1,132,833,377.28, reflecting new bank loans for pig farming projects[24]. - The production biological assets increased by 32.27% to ¥416,488,185.67, due to the purchase of breeding pigs[24]. - The company confirmed a significant reduction in contract liabilities, down 90.42% to ¥153,028,003.75, as a result of recognized sales revenue[24]. Shareholder Information - The top two shareholders, Jingji Group Co., Ltd. and Shenzhen Jingji Times Real Estate Co., Ltd., hold 43.04% and 29.85% of the shares, respectively[13]. - The company has not audited the first quarter report[70].