丰乐种业(000713) - 2022 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2022 reached ¥639,035,716.76, an increase of 28.31% compared to the same period last year[5] - Net profit attributable to shareholders was -¥10,840,118.44, a decrease of 61.44% year-on-year[5] - The company reported a 99.73% increase in operating profit, amounting to ¥11,623,770.88, driven by higher seed business profits[10] - Total operating revenue for the third quarter of 2022 was CNY 1,926,946,188.25, an increase of 3.56% compared to CNY 1,860,165,805.86 in the same period last year[21] - Net profit for the third quarter of 2022 was CNY 3,941,664.66, a significant recovery from a net loss of CNY 5,652,462.05 in the same period last year[22] - Earnings per share for the third quarter of 2022 were CNY 0.0076, compared to a loss per share of CNY 0.0116 in the previous year[22] - The company reported a profit before tax of CNY 12,048,833.38, compared to CNY 5,866,990.82 in the same period last year, reflecting a year-over-year increase of 104.00%[22] Cash Flow and Financing - Operating cash flow net amount for the year-to-date was ¥270,421,353.14, a significant increase of 2,057.42%[5] - Cash flow from financing activities showed a net increase of 261.95%, totaling ¥42,846,278.15, mainly due to new acquisition loans[11] - Cash inflow from financing activities amounted to ¥620,759,903.23, up from ¥420,958,904.80, reflecting a growth of about 47.5%[24] - Net cash flow from financing activities was ¥42,846,278.15, a recovery from a negative cash flow of ¥-26,456,803.94 in the previous year[24] - The company received tax refunds totaling ¥126,430,223.09, a significant increase from ¥4,069,255.85 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,075,958,229.96, representing a 13.35% increase from the previous year[5] - The company’s total liabilities increased to CNY 1,102,302,607.47 from CNY 771,556,095.53, marking a rise of 42.73% year-over-year[21] - The company’s total current liabilities increased to CNY 993,828,819.03 from CNY 732,992,575.65, representing a year-over-year increase of 35.60%[21] - The company’s goodwill increased by 78.70% to ¥219,817,269.95, primarily due to the acquisition of Jinling Seed Industry and Tianyu Xinghe[10] - The company’s total liabilities increased, with contract liabilities rising by 78.37% to ¥463,823,900.36, attributed to increased advance payments in the seed business[10] Research and Development - R&D expenses increased by 75.24% year-on-year, totaling ¥48,457,289.41, reflecting increased investment in research and development[10] - Research and development expenses for the third quarter of 2022 were CNY 48,457,289.41, up from CNY 27,651,998.74, indicating a year-over-year increase of 75.00%[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 106,216[12] - The largest shareholder, Hefei Construction Investment Holding (Group) Co., Ltd., holds 29.24% of shares, totaling 179,542,902 shares[12] Acquisitions and Investments - The company completed the acquisition of 100% equity in Jinling Seed Industry for a cash payment of CNY 148.5 million[14] - The company invested CNY 36 million to acquire a 35.58% stake in Tianyu Xinghe[14] - The registered capital of wholly-owned subsidiary Zhangye Fengle increased from CNY 60 million to CNY 160 million after a capital increase of CNY 100 million[15] - The company established a branch in Inner Mongolia, completing the business registration process[15] - The company approved a project to produce 5,000 tons of natural mint and synthetic flavors, which has received formal approval from the Hefei Development and Reform Commission[16] Inventory and Current Assets - Current assets as of September 30, 2022, total CNY 1,742,330,224.17, compared to CNY 1,507,695,932.22 at the beginning of the year[18] - Inventory decreased from CNY 780,938,649.88 to CNY 739,109,213.62 during the reporting period[18]