丰乐种业(000713) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 456,953,852.02, representing a 48.41% increase year-on-year[7] - Net profit attributable to shareholders was CNY -20,897,884.94, a decrease of 9.61% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -22,870,216.05, an increase of 1.28% year-on-year[7] - The basic earnings per share was CNY -0.0488, a decrease of 36.95% compared to the same period last year[7] - The weighted average return on net assets was -1.32%, down from 0.42% in the previous year[7] - Total operating revenue for Q3 2019 reached CNY 456,953,852.02, a significant increase from CNY 307,908,339.14 in the same period last year, representing a growth of approximately 48.3%[42] - The company's net profit for the period was not explicitly stated, but the increase in revenue and costs suggests a focus on growth despite rising expenses[42] - The net profit for the third quarter was a loss of CNY 19,035,672.22, an improvement from a loss of CNY 21,295,920.36 in the previous year[44] - The total profit for the third quarter was a loss of CNY 14,022,159.01, compared to a loss of CNY 16,395,999.96 in the same period last year[44] - The company reported a significant increase in prepayments, which rose to CNY 344,603,496.22 from CNY 227,592,341.62, a growth of about 51.5%[35] Assets and Liabilities - Total assets increased by 7.22% to CNY 2,618,958,163.08 compared to the end of the previous year[7] - The total liabilities increased to CNY 995,603,501.69 from CNY 818,866,802.41, marking a rise of about 21.6%[35] - The total assets as of September 30, 2019, were CNY 2,618,958,163.08, up from CNY 2,442,500,511.80 at the end of 2018, indicating an increase of approximately 7.2%[35] - Total liabilities were CNY 818,866,802.41, with current liabilities at CNY 764,401,316.46 and non-current liabilities at CNY 54,465,485.95[69] - The company reported a short-term loan of CNY 186,468,766.45, an increase from CNY 146,053,661.70 at the end of 2018[33] - The company has a short-term loan of CNY 70,000,000.00, indicating reliance on external financing[73] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 19,789,536.75, an increase of 126.62% year-on-year[7] - The net cash flow from operating activities was 19,789,536.75 CNY, a significant improvement compared to a net outflow of -74,346,842.14 CNY in the same period last year[59] - Total cash inflow from operating activities reached 1,773,253,466.10 CNY, up from 1,153,425,804.73 CNY year-on-year, indicating a growth of approximately 54%[59] - Cash outflow for purchasing goods and services was 1,474,785,738.41 CNY, compared to 977,214,648.72 CNY in the previous year, reflecting an increase of about 51%[59] - The net cash flow from investing activities was -99,514,566.92 CNY, a decline from a positive cash flow of 3,442,080.17 CNY in the same quarter last year[60] - Cash inflow from investment activities totaled 503,737,972.86 CNY, slightly down from 517,509,148.16 CNY year-on-year[60] - Cash outflow for investment activities was 603,252,539.78 CNY, compared to 514,067,067.99 CNY in the previous year, marking an increase of approximately 17%[60] - The net cash flow from financing activities was 47,809,656.58 CNY, down from 91,106,757.18 CNY in the same period last year[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 80,381[11] - The largest shareholder, Hefei Construction Investment Holding (Group) Co., Ltd., holds 29.97% of the shares[11] - The company distributed a cash dividend of CNY 0.20 per 10 shares and increased its total share capital from 329,132,789 shares to 427,872,625 shares through a capital reserve conversion[20] - The major shareholder, Hefei Construction Investment Holding Group Co., Ltd., plans to reduce its holdings by up to 8,550,000 shares, representing no more than 2% of the total share capital[20] Investment and Development - The company is in the trial production phase of a new project to produce 450 tons of active ingredients annually, with an investment of ¥18.8 million[17] - The company completed the acquisition of 100% equity in Tonglu Agriculture, increasing its total share capital to ¥329,132,789.00 after issuing 30,256,821 shares at ¥6.23 each[19] - The construction of a national enterprise technology center is progressing, with the main structure completed and interior decoration underway[16] - Research and development expenses for Q3 2019 were CNY 6,812,688.01, compared to CNY 4,569,319.13 in Q3 2018, reflecting an increase of approximately 48.9%[42] - Research and development expenses for the third quarter were CNY 3,309,281.32, up from CNY 2,332,368.30 in the previous year, reflecting an increase of approximately 42%[46] - The company reported development expenditures of CNY 24,374,130.26 for the quarter[73] Financial Position - The total equity attributable to shareholders was CNY 1,572,576,715.79, slightly down from CNY 1,576,035,755.11, indicating a marginal decrease of about 0.2%[35] - Owner's equity totaled CNY 1,623,633,709.39, including CNY 329,132,789.00 in share capital and CNY 477,960,858.09 in undistributed profits[69] - The capital reserve stands at CNY 670,576,620.78, reflecting a strong equity position[74] - The company has long-term investments amounting to CNY 1,525,920.00 in long-term equity investments[68] Compliance and Standards - The company has no overdue commitments or violations regarding external guarantees during the reporting period[27] - The company is adapting to new financial instrument standards effective from January 1, 2019, which may affect future reporting[69] - The implementation of new financial instrument standards did not affect previous financial reporting[74] - The company has not undergone an audit for the third quarter report[75]