登海种业(002041) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 335,001,959.10, representing a 45.78% increase compared to CNY 229,792,821.09 in the same period last year[3] - Net profit attributable to shareholders for Q1 2022 was CNY 104,279,159.28, a 76.89% increase from CNY 58,950,570.98 year-on-year[3] - The company reported a 76.87% increase in basic and diluted earnings per share, reaching CNY 0.1185 per share[3] - Total operating revenue for the current period reached ¥335,001,959.10, a significant increase from ¥229,792,821.09 in the previous period, representing a growth of approximately 46%[25] - Operating profit for the current period was ¥101,508,014.46, compared to ¥47,301,579.46 in the previous period, indicating a growth of approximately 114%[28] - The company reported a total profit for the current period of ¥101,572,070.56, compared to ¥47,477,954.68 in the previous period, indicating an increase of around 114%[28] - Net profit attributable to the parent company was ¥104,279,159.28, up from ¥58,950,570.98, reflecting an increase of around 77%[30] - Basic earnings per share rose to ¥0.1185 from ¥0.0670, representing an increase of approximately 77%[31] Cash Flow - The net cash flow from operating activities showed a significant decline, with a net outflow of CNY 146,493,277.79, compared to a net inflow of CNY 8,702,521.58 in the previous year, marking a decrease of 1,783.34%[3] - Cash inflow from operating activities totaled ¥167,083,683.92, compared to ¥125,638,272.08 in the previous period, an increase of about 33%[32] - The company reported a total cash outflow from operating activities of $313,576,961.71, significantly higher than $116,935,750.50 in the previous period[35] - The company’s cash flow from financing activities was negative, with a net cash flow of -$7,318,044.43 compared to -$792,950.00 previously[35] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 4,071,724,963.68, down 3.29% from CNY 4,210,225,406.34 at the end of the previous year[3] - The company's current assets totaled CNY 3,337,217,212.10, down from CNY 3,468,988,467.87 at the beginning of the year, indicating a decline of approximately 3.8%[18] - Total liabilities decreased to CNY 621,500,568.14 from CNY 859,633,081.36, a reduction of approximately 27.7%[21] - The company's equity attributable to shareholders increased to CNY 3,195,343,185.75 from CNY 3,091,064,026.47, reflecting a growth of about 3.4%[24] Accounts and Inventory - Accounts receivable increased by 223.03% compared to the beginning of the period, primarily due to increased credit support for reputable distributors[6] - Inventory decreased by 30.31% compared to the beginning of the period, attributed to increased sales volume[6] - Accounts receivable rose significantly to CNY 68,582,227.86 from CNY 21,230,701.83, marking an increase of approximately 223%[18] - Inventory decreased to CNY 347,308,069.32 from CNY 498,364,540.56, representing a decline of about 30.3%[18] Research and Development - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[20] - Research and development expenses were ¥12,071,372.29, a slight decrease from ¥12,348,567.28, reflecting a reduction of approximately 2%[25] Other Income - Non-operating income totaled CNY 17,098,288.43, with significant contributions from fair value changes and asset disposals[5] - The company’s investment income was ¥6,703,202.95, slightly down from ¥6,848,034.05 in the previous period, a decrease of about 2%[25] Audit Status - The company did not undergo an audit for the first quarter report, indicating it was unaudited[38]