顺鑫农业(000860) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥4,765,197,694.06, representing a 19.95% increase compared to ¥3,972,700,039.98 in the same period last year[9] - Net profit attributable to shareholders was ¥428,579,787.54, up 17.17% from ¥365,787,971.50 year-on-year[9] - Basic earnings per share increased to ¥0.7511, reflecting a growth of 17.16% from ¥0.6411 in the same quarter last year[9] - Operating profit for the current period was ¥609,900,953.90, up 22.4% from ¥498,022,566.32 in the previous period[57] - Net profit for the current period was ¥428,696,239.05, representing a 17.5% increase from ¥364,920,079.90 in the previous period[57] - Total comprehensive income amounted to ¥518,550,113.02, an increase from ¥438,833,935.29 in the previous period, reflecting a growth of approximately 18.2%[67] Cash Flow - The net cash flow from operating activities decreased significantly by 72.93%, amounting to ¥236,571,409.97 compared to ¥874,021,394.72 in the previous year[9] - Cash flow from operating activities generated a net amount of ¥236,571,409.97, down from ¥874,021,394.72, indicating a decline of about 73%[71] - Cash inflow from operating activities totaled ¥5,232,168,839.49, compared to ¥4,796,252,309.76 in the prior period, representing an increase of approximately 9.1%[71] - Cash outflow from operating activities was ¥4,995,597,429.52, up from ¥3,922,230,915.04, which is an increase of around 27.4%[71] - Cash flow from financing activities generated a net amount of ¥992,384,571.69, contrasting with a net outflow of ¥887,291,318.02 in the previous period[74] - The company raised ¥1,760,000,000.00 from financing activities, a decrease from ¥2,850,000,000.00 in the prior period, reflecting a decline of approximately 38.2%[74] - The ending balance of cash and cash equivalents was ¥7,348,596,490.79, up from ¥4,934,682,303.81, indicating an increase of about 49%[74] Assets and Liabilities - Total assets at the end of the reporting period were ¥20,402,982,363.95, a 2.78% increase from ¥19,850,831,298.43 at the end of the previous year[9] - The total liabilities increased to ¥13,246,813,567.81, up from ¥12,122,095,887.83, representing a growth of approximately 9.3%[40] - The total owner's equity decreased to ¥7,156,168,796.14 from ¥7,728,735,410.60, indicating a decline of about 7.4%[43] - The total current liabilities rose to ¥9,715,534,056.05 from ¥8,755,811,054.46, which is an increase of approximately 10.9%[40] - The cash and cash equivalents rose to ¥6,898,617,865.47 from ¥5,854,780,480.50, marking an increase of about 17.8%[44] - The accounts receivable increased to ¥377,278,282.24 from ¥309,102,755.65, which is an increase of approximately 21.9%[44] - The inventory decreased to ¥1,123,479,716.97 from ¥1,674,894,513.97, showing a decline of about 32.9%[47] - The short-term borrowings increased to ¥2,400,000,000.00 from ¥2,000,000,000.00, representing a growth of 20%[47] - The non-current liabilities totaled ¥3,531,279,511.76, up from ¥3,366,284,833.37, indicating an increase of approximately 4.9%[40] Expenses - Total operating costs for the current period were ¥4,154,784,957.60, a 19.6% increase from ¥3,474,139,099.21 in the previous period[54] - Research and development expenses increased to ¥3,788,349.02, up from ¥2,631,670.54, indicating a rise of 43.8%[54] - Tax expenses decreased to ¥497,949,119.41 from ¥550,454,178.40, showing a reduction of 9.5%[54] - The company reported a financial expense of ¥33,757,660.22, down from ¥40,905,891.62, a decrease of 17.5%[54] Shareholder Information - The top shareholder, Beijing Shunxin Holdings Group Co., Ltd., holds 38.45% of the shares, with a total of 219,392,052 shares[12] - The retained earnings increased to ¥4,327,491,032.73 from ¥3,808,940,919.71, reflecting a growth of about 13.5%[52] Other Information - There were no significant changes in the company's strategy or major new product developments mentioned during the call[20] - The first quarter report was not audited[81] - The company has not applied the new financial instruments, revenue, and leasing standards adjustments[81]