广农糖业(000911) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥429,881,423.67, a decrease of 54.79% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥5,128,910.93, an increase of 260.23% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥76,906,648.62, a decrease of 608.54%[3]. - Total operating revenue for the third quarter was CNY 2,409,072,755.94, a decrease of 26.0% compared to CNY 3,251,865,558.38 in the same period last year[25]. - Net profit for the period was CNY 12,806,955.71, a decline of 81.1% from CNY 67,964,350.12 in the previous year[26]. - The company reported a net cash outflow from operating activities of CNY -117,480,098.95, compared to a net inflow of CNY 110,489,244.77 in the same period last year[30]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥5,298,950,608.28, down 9.03% from the end of the previous year[4]. - The company recorded an increase of 735.34% in current liabilities due to long-term borrowings maturing within one year[9]. - The total equity attributable to shareholders increased by 28.59% to ¥155,917,852.66 compared to the previous year[4]. - The company’s total liabilities decreased to CNY 4,997,013,758.13 from CNY 5,571,053,275.30, reflecting a decline of about 10.3%[22]. - The company’s long-term liabilities decreased to CNY 584,258,799.20 from CNY 779,164,239.36, a reduction of approximately 25.1%[22]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥117,480,098.95, a decrease of 206.33%[3]. - Cash inflow from financing activities was CNY 2,653,989,666.41, compared to CNY 3,483,183,239.32 in the previous year[30]. - The net cash flow from financing activities in Q3 2021 was CNY 2,776,637.43, a significant decrease from CNY 238,829,575.72 in Q3 2020[31]. - The total cash outflow from financing activities was CNY 2,651,213,028.98, down from CNY 3,244,353,663.60 in the same period last year, representing a reduction of approximately 18.3%[31]. Inventory and Receivables - The company's inventory stood at CNY 217,362,421.95, with a significant decrease from CNY 690,850,182.47, marking a reduction of about 68.5%[21]. - The company’s accounts receivable decreased to CNY 391,458,936.84 from CNY 434,622,978.78, indicating a decline of approximately 9.9%[20]. - The company’s other receivables increased to CNY 142,414,670.62 from CNY 99,125,884.22, representing an increase of about 43.6%[21]. Strategic Plans - The company plans to issue up to 76,238,881 shares in a non-public offering, which was approved in a board meeting on June 21, 2021[13]. - The company plans to sign a contract for the acquisition of state-owned land use rights for CNY 73,970,300, as part of its expansion strategy[18]. - The company plans to enhance market expansion and product development strategies in response to the current financial performance[26]. Other Financial Metrics - The weighted average return on net assets was 7.91%, an increase of 6.79 percentage points compared to the previous year[4]. - Earnings per share (EPS) for the period was CNY 0.03, down from CNY 0.12 in the same quarter last year[27]. - Research and development expenses increased significantly to CNY 3,136,888.35 from CNY 719,055.58, reflecting a focus on innovation[26]. Audit and Compliance - The Q3 2021 report was not audited, indicating that the figures may be subject to change upon final review[33].