粤海饲料(001313) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 982,109,491.97, representing a 28.79% increase compared to CNY 762,579,686.00 in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 41,687,368.84, a decline of 108.26% from a loss of CNY 20,017,306.65 year-on-year[4]. - The company reported a capital reserve increase of 144.53% due to funds raised from its initial public offering[12]. - The company’s weighted average return on equity was -1.75%, compared to -0.96% in the same period last year[4]. - The net loss for the current period was ¥42,844,756.72, compared to a net loss of ¥21,411,009.78 in the previous period, indicating an increase in losses of 99.5%[33]. - The basic and diluted earnings per share were both -¥0.06, compared to -¥0.03 in the previous period, reflecting a worsening in earnings per share[33]. Cash Flow - The net cash flow from operating activities was CNY -24,662,953.42, a decrease of 111.93% compared to CNY 206,781,710.25 in the previous year[4]. - The total cash inflow from operating activities was CNY 1,182,415,010.51, an increase of 11.2% compared to CNY 1,062,853,414.05 in the previous period[35]. - The cash outflow for purchasing goods and services was CNY 1,035,757,804.03, up from CNY 704,163,976.34, representing a 47% increase[35]. - The cash inflow from investment activities totaled CNY 752,358,615.07, down from CNY 2,333,145,560.25, indicating a decrease of approximately 67.7%[36]. - The cash outflow for investment activities was CNY 816,862,252.44, compared to CNY 2,365,383,410.49, reflecting a reduction of about 65.5%[36]. - The net cash flow from financing activities was CNY 137,499,704.65, a turnaround from a negative cash flow of CNY 461,754,051.63 in the previous period[37]. - The company raised CNY 501,500,000.00 from new investments during the quarter[37]. - The ending cash and cash equivalents balance was CNY 1,021,434,703.94, an increase from CNY 880,570,338.62 in the previous period[37]. - The cash inflow from interest and other operating activities was CNY 8,122,614.83, down from CNY 10,527,760.44[35]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,978,409,398.86, an increase of 8.13% from CNY 3,679,214,957.42 at the end of the previous year[4]. - Total current assets increased to CNY 2,772,629,732.66 from CNY 2,505,993,896.02, reflecting a growth of approximately 10.6%[20]. - Cash and cash equivalents at the end of the period reached CNY 1,145,529,796.08, up from CNY 1,027,684,264.49, indicating an increase of about 11.5%[20]. - Accounts receivable rose to CNY 811,807,659.26 from CNY 768,275,372.77, representing a growth of approximately 5.7%[20]. - Inventory decreased slightly to CNY 627,469,308.91 from CNY 630,566,287.12, showing a decline of about 0.5%[20]. - Total liabilities decreased to ¥1,308,126,727.02 from ¥1,443,112,392.92, a reduction of approximately 9.3%[26]. - The total equity attributable to shareholders increased to ¥2,674,694,528.46 from ¥2,236,302,397.30, representing a growth of 19.6%[26]. - Short-term borrowings decreased significantly to CNY 392,376,267.25 from CNY 667,616,919.76, a reduction of about 41.2%[23]. - Accounts payable increased to CNY 355,634,780.24 from CNY 276,384,623.60, reflecting a rise of approximately 28.6%[23]. - Contract liabilities surged to CNY 436,673,614.66 from CNY 202,244,443.02, indicating an increase of about 116.5%[23]. - Non-current assets totaled CNY 1,205,779,666.20, up from CNY 1,170,166,425.47, representing a growth of approximately 3%[23]. Operational Performance - The company sold 139,900 tons of feed products, achieving a year-on-year growth of 20%[9]. - The company experienced a significant increase in sales expenses by 31.67% due to expanded marketing efforts and hiring of additional personnel[12]. - The operating costs increased by 33.88% primarily due to rising raw material prices and increased sales volume[12]. - Research and development expenses for the current period were ¥23,667,342.73, compared to ¥21,887,037.75 in the previous period, marking an increase of 8.1%[29]. - The company plans to continue focusing on product quality and optimizing technology to address challenges from rising raw material costs[9]. Miscellaneous - The company reported no participation in margin financing activities among the top 10 shareholders[19]. - The company did not conduct an audit for the first quarter report[39].