登海种业(002041) - 2020 Q3 - 季度财报

Financial Performance - Operating income for the period reached CNY 89,667,775.41, representing a 48.74% increase year-on-year[9] - Net profit attributable to shareholders surged by 105.63% to CNY 1,073,930.74 for the quarter[9] - Basic earnings per share rose by 105.53% to CNY 0.0012[9] - The estimated cumulative net profit for the year is projected to be 70 million yuan, representing a growth of 68.34% compared to the previous year[31] - Basic earnings per share are expected to be 0.0795 yuan, an increase of 68.08% compared to the previous year[31] - Operating profit, net profit, and net profit attributable to shareholders of the parent company increased by 119.69%, 119.03%, and 384.89% respectively compared to the same period last year, driven by profit growth from the parent company and reduced expenses from subsidiaries[22] - The company reported a net profit of CNY 1,641,081,598.63, slightly up from CNY 1,635,502,061.94, reflecting a marginal increase[48] - The net profit for the current period was reported at -¥14,406,585.74, compared to -¥57,654,933.31 in the previous period, showing an improvement of approximately 75%[60] - Net profit for the current period was ¥11,763,709.85, a significant recovery from a net loss of ¥64,615,577.76 in the previous period[76] - The comprehensive income attributable to the parent company's owners totaled ¥12,039,659.95, contrasting with a loss of ¥76,655,237.71 in the previous period[81] Assets and Liabilities - Total assets increased by 5.88% to CNY 3,905,034,768.88 compared to the end of the previous year[9] - The company's total equity attributable to shareholders increased by 0.20% to CNY 2,845,489,266.85[9] - Total liabilities increased to CNY 806,754,397.52 from CNY 544,893,893.54, indicating a growth of around 47.9%[45] - Current liabilities rose significantly to CNY 792,940,584.01, compared to CNY 509,484,213.60, marking an increase of approximately 55.5%[45] - Owner's equity totaled CNY 3,098,280,371.36, down from CNY 3,143,260,783.77, showing a decrease of about 1.4%[48] - Non-current assets totaled CNY 764,985,247.08, a decrease from CNY 810,521,946.44, reflecting a decline of about 5.6%[48] - The total assets reached ¥3,181,106,857.00, up from ¥2,977,492,068.58, indicating an increase of approximately 6.8%[54] - Total equity rose to ¥2,726,893,518.26 from ¥2,673,721,211.33, marking an increase of approximately 2%[54] Cash Flow - The net cash flow from operating activities increased by 36.10% to CNY 343,798,750.12[9] - Cash and cash equivalents increased by 315.34% compared to the beginning of the period, primarily due to sales advance payments received and the conversion of some redeemed financial products into time deposits[22] - Net cash inflow from operating activities increased by 127,943,626.71 yuan compared to the same period last year, attributed to higher cash received from sales of goods and services[22] - Investment activities generated a net cash flow of ¥373,408,684.30, a substantial increase from ¥96,325,704.17 in the previous period[92] - The net cash flow from investment activities was $317,174,925.05, a turnaround from a negative cash flow of -$68,763,669.91 in the previous period[101] - The net increase in cash and cash equivalents for the current period was $552,116,637.66, compared to $160,535,324.41 in the previous period, showing a substantial increase of about 243.5%[103] - Total cash inflow from operating activities was ¥681,629,904.10, compared to ¥582,016,828.87 in the previous period[89] - Cash and cash equivalents at the end of the period totaled ¥850,014,530.45, compared to ¥426,426,316.61 at the end of the previous period, reflecting a net increase of 99.0%[96] Shareholder Information - The number of shareholders at the end of the reporting period was 76,899[13] - The largest shareholder, Laizhou Agricultural Science Institute, holds 53.21% of the shares[13] Expenses - Total operating costs amounted to ¥117,478,891.24, up from ¥96,607,191.99 in the previous period, indicating an increase of about 21.5%[57] - Research and development expenses for the current period were ¥4,365,708.09, up from ¥3,729,575.15, representing an increase of about 17.1%[65] - Sales expenses decreased to ¥52,031,601.83 from ¥58,759,574.15, marking a reduction of about 11.8%[76] - Cash paid to employees decreased to $14,094,746.43 from $17,939,118.71, a reduction of approximately 21.5%[101] - Cash paid for taxes decreased to $2,185,264.72 from $2,785,066.45, a decline of about 21.5%[101] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[80]