京基智农(000048) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥460,365,527.64, a decrease of 77.21% compared to ¥2,020,310,009.13 in the same period last year[4] - The net profit attributable to shareholders was -¥141,770,640.19, representing a decline of 134.95% from ¥405,613,994.59 in the previous year[4] - The company's basic earnings per share were -¥0.2709, down 134.95% from ¥0.7752 in the same period last year[4] - The net profit for Q1 2022 was a loss of CNY 138,092,093.41, compared to a profit of CNY 408,096,968.68 in Q1 2021, indicating a substantial decline in profitability[20] - The company reported a gross loss of CNY 129,792,600.37 for Q1 2022, contrasting with a gross profit of CNY 560,000,959.87 in the previous year[20] Cash Flow - The net cash flow from operating activities increased by 148.30%, reaching ¥289,115,016.67, compared to -¥598,524,003.01 in the same period last year[4] - Cash flow from operating activities for Q1 2022 was CNY 1,516,072,450.59, a significant increase from CNY 611,388,608.57 in Q1 2021[24] - The company experienced a net increase in cash and cash equivalents of -¥436,216,917.26 for Q1 2022, compared to -¥1,807,180,980.63 in Q1 2021[26] - The cash flow from financing activities showed a net outflow of -¥120,858,700.63, contrasting with a net inflow of ¥331,172,912.04 in the previous year[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,160,052,207.17, an increase of 2.21% from ¥14,832,560,318.32 at the end of the previous year[4] - The total liabilities increased to CNY 12,738,810,061.55 in Q1 2022 from CNY 12,273,413,679.24 in the previous year, reflecting a growth of 3.78%[20] - The total current liabilities have increased to approximately RMB 11.70 billion, compared to RMB 10.99 billion at the beginning of the year, representing an increase of about 6.49%[17] - The total equity attributable to shareholders decreased to CNY 2,391,198,633.59 in Q1 2022 from CNY 2,532,781,673.83 in Q1 2021, a decline of 5.57%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,280, with the largest shareholder, Jingji Group Co., Ltd., holding 43.04% of shares, amounting to 225,191,557 shares[9] - The company has a significant portion of its shares pledged, with Jingji Group having 153,383,924 shares pledged[9] Operational Costs and Expenses - Total operating costs for Q1 2022 amounted to CNY 574,678,980.32, representing a 39.5% increase from CNY 1,461,280,732.19 in Q1 2021[19] - The financial expenses increased by 960.66% to ¥10,795,573.20, primarily due to rising interest costs associated with the pig farming project[8] - Research and development expenses for Q1 2022 were CNY 7,408,095.50, slightly up from CNY 7,085,084.46 in the same period last year[20] Inventory and Investments - The inventory at the end of the reporting period is approximately RMB 4.62 billion, up from RMB 4.30 billion at the beginning of the year, indicating an increase of about 7.51%[16] - The company has ongoing investments in fixed assets, with a total of approximately RMB 3.46 billion at the end of the reporting period, up from RMB 3.20 billion[16] Other Financial Metrics - The weighted average return on equity was -5.76%, a decrease of 19.49% compared to 13.73% in the previous year[4] - The company recorded a loss of -¥22,099,594.09 from asset disposals, a significant increase of 551.20% compared to the previous year[8] - Other comprehensive income after tax for Q1 2022 was CNY 187,599.95, compared to a loss of CNY 139,748.99 in the same period last year[23] Audit Information - The company did not conduct an audit for the Q1 2022 report[27]