智慧农业(000816) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥267,873,988.82, a decrease of 26.65% compared to ¥365,191,616.20 in the same period last year[5] - Net profit attributable to shareholders was ¥4,861,473.68, down 28.65% from ¥6,813,179.26 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥196,056.14, a significant decline of 93.08% from ¥2,833,960.30 in the previous year[5] - Net profit for Q1 2023 was ¥3,287,774.35, down 44.4% from ¥5,916,773.90 in the same period last year[20] - Operating profit decreased to ¥3,422,665.67, a decline of 55.7% from ¥7,725,989.64 in Q1 2022[20] - Basic and diluted earnings per share for Q1 2023 were both ¥0.0034, compared to ¥0.0048 in Q1 2022[21] Assets and Liabilities - The company's total assets increased by 2.79% to ¥3,518,939,842.56 from ¥3,423,352,741.05 at the end of the previous year[5] - As of March 31, 2023, the company's total assets amounted to RMB 3,518,939,842.56, an increase from RMB 3,423,352,741.05 at the beginning of the year[16] - Total liabilities increased to RMB 974,120,480.74 from RMB 888,300,786.28, showing a growth of approximately 9.7%[18] - The company's equity attributable to shareholders rose to RMB 2,161,011,833.44 from RMB 2,149,666,698.92, indicating a slight increase[18] - The company's short-term borrowings increased to RMB 60,546,383.00 from RMB 45,571,680.00, reflecting a rise of 32.8%[18] Cash Flow - Cash flow from operating activities showed a net outflow of ¥75,608,516.50, an improvement from a net outflow of ¥196,121,500.80 in the same period last year[10] - Cash and cash equivalents at the end of Q1 2023 were ¥173,685,750.03, down from ¥202,752,273.10 at the end of Q1 2022[23] - Investment activities generated a net cash outflow of ¥2,860,621.03, a significant decrease from a net inflow of ¥98,629,198.22 in Q1 2022[23] - Financing activities resulted in a net cash outflow of ¥57,157,004.45, slightly improved from a net outflow of ¥61,231,149.33 in the same period last year[23] Expenses - Sales expenses rose by 80.02% to ¥12,124,491.71, primarily due to increased expenses from JDNA[10] - R&D expenses decreased by 30.39% to ¥1,236,131.86, reflecting reduced expenditures on research activities[10] - Total operating costs decreased to ¥262,009,264.50 from ¥361,379,133.05, reflecting a reduction of 27.5%[20] Other Financial Metrics - The weighted average return on equity decreased by 0.08 percentage points to 0.23% from 0.31% year-on-year[5] - Other comprehensive income after tax for Q1 2023 was ¥4,603,313.16, compared to a loss of ¥1,040,821.49 in Q1 2022[20] Investments and Partnerships - The company completed an asset purchase totaling USD 1,967.12 million, with USD 1,616.17 million offset against accounts receivable and USD 2.5 million paid in cash[15] - The company aims to expand its business model in North America through a partnership with Briggs & Stratton, LLC, involving a purchase agreement worth up to USD 30 million[14] Receivables and Inventory - Accounts receivable rose to RMB 293,966,784.82, up from RMB 186,142,314.77, indicating a significant increase in credit sales[17] - Inventory increased to RMB 347,998,194.25 from RMB 279,032,320.06, reflecting a 24.6% rise[17] - The company's other receivables increased to RMB 34,878,720.09 from RMB 30,740,674.94, showing an increase of 13.9%[17] Financial Assets - The company reported a 165.36% increase in trading financial assets, reaching ¥40,071,111.11, due to the purchase of structured deposits[10]