京基智农(000048) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥1,325,951,890.15, representing a 21.53% increase year-over-year[6] - The net profit attributable to shareholders was -¥26,743,976.76, a decrease of 119.44% compared to the same period last year[6] - The net profit excluding non-recurring gains and losses was -¥1,256,757.66, down 100.78% year-over-year[6] - The company's total revenue for the first nine months of 2023 was ¥9,927,819,803.35, a significant increase of 354.20% compared to the same period in 2022[11] - Total operating revenue for the third quarter reached ¥9,927,819,803.35, a significant increase from ¥2,185,780,864.03 in the same period last year, representing a growth of approximately 353%[26] - The net profit attributable to the parent company was ¥2,539,266,172.85, up from ¥1,804,559,237.50 year-over-year, indicating a growth of approximately 41%[25] - The net profit for the period reached ¥1,270,830,166.52, a significant increase compared to a net loss of ¥29,087,938.47 in the previous period[28] - The total profit amounted to ¥1,826,891,667.38, contrasting with a total loss of ¥35,256,067.63 from the prior year[28] - Operating profit was reported at ¥1,840,626,187.33, compared to a loss of ¥407,859.48 in the same period last year[28] - The total comprehensive income for the period was ¥1,269,869,688.28, compared to a loss of ¥32,345,920.51 in the previous year[28] Assets and Liabilities - Total assets as of September 30, 2023, were ¥12,962,781,501.38, a decrease of 26.08% from the end of the previous year[6] - The company's total assets decreased to ¥12,962,781,501.38 from ¥17,536,045,755.10, a decline of about 26%[25] - Total current assets as of September 30, 2023, decreased to CNY 4,977,981,122.99 from CNY 9,384,264,110.05 at the beginning of the year, representing a decline of approximately 47.1%[21] - Current liabilities totaled ¥7,705,269,106.73, down from ¥13,561,063,742.61, representing a reduction of approximately 43%[25] - Non-current liabilities increased to ¥1,858,267,121.45 from ¥1,312,567,177.57, marking an increase of about 42%[25] - The company's equity attributable to shareholders increased to ¥3,356,573,999.87, up 27.98% compared to the end of last year[6] - The company's total equity rose to ¥3,399,245,273.20, compared to ¥2,662,414,834.92 in the previous year, reflecting an increase of approximately 28%[25] Cash Flow - The cash flow from operating activities was -¥580,236,719.45, reflecting a decline of 185.17% year-over-year[6] - Cash flow from operating activities showed a net outflow of ¥580,236,719.45, down from a net inflow of ¥681,292,820.58 in the previous year[32] - Cash flow from investing activities resulted in a net outflow of ¥840,536,090.75, an improvement from a net outflow of ¥1,193,941,749.58 in the prior period[32] - Cash flow from financing activities generated a net inflow of ¥247,472,712.67, compared to a net outflow of ¥913,533,941.68 in the previous year[35] - The company received cash from financing activities amounting to ¥1,116,013,699.94, a significant increase from ¥212,000,000.00 in the prior period[35] Shareholder Information - The company reported a total of 13,291 common shareholders at the end of the reporting period[19] - The largest shareholder, Jingji Group Co., Ltd., holds 33.07% of the shares, totaling 173,029,557 shares[19] - The second-largest shareholder, Qianhai Pengcheng Wanli Capital Management (Shenzhen) Co., Ltd., owns 29.85% with 156,183,392 shares[19] Expenses - The financial expenses increased by 205.53% to ¥67,670,611.52, attributed to interest expenses from loans for pig farming projects[11] - The company reported a substantial increase in income tax expenses, which rose by 9115.08% to ¥556,061,500.86 due to a significant increase in total profit[11] - Research and development expenses for the quarter were ¥31,828,517.85, compared to ¥27,636,429.74 in the same period last year, indicating an increase of about 15%[26] - The company reported a tax expense of ¥980,775,410.94, significantly higher than ¥1,364,570.43 from the previous year, showing a substantial increase[26] Current Assets - Cash and cash equivalents dropped to CNY 981,332,479.49 from CNY 2,145,436,872.96, a decrease of about 54.5%[21] - Inventory decreased significantly from CNY 6,095,356,561.33 to CNY 3,528,621,360.64, reflecting a reduction of approximately 42.2%[21] - Accounts receivable increased to CNY 106,256,323.97 from CNY 25,068,786.12, marking an increase of about 324.5%[21] - The company has a total of CNY 10,040,000.00 in trading financial assets as of September 30, 2023, down from CNY 25,000,000.00 earlier in the year[21] Market Strategy - The company has plans for market expansion and new product development, although specific details were not disclosed in the provided content[22]