登海种业(002041) - 2022 Q3 - 季度财报

Revenue and Profit - Revenue for the third quarter reached ¥123,810,835.83, an increase of 26.46% year-over-year[6] - Net profit attributable to shareholders was ¥167,744.09, a decrease of 98.56% compared to the same period last year[6] - Net profit excluding non-recurring items was -¥14,598,953.03, down 213.34% year-over-year[6] - Total operating revenue for the current period reached ¥563,507,392.71, an increase of 10% compared to ¥512,232,920.06 in the previous period[27] - Net profit for the current period was ¥107,174,132.41, compared to ¥89,776,771.87 in the previous period, indicating a growth of about 19%[29] - The total profit for the current period was ¥110,402,993.50, compared to ¥90,482,875.19 in the previous period, marking an increase of around 22%[29] Assets and Liabilities - Total assets increased by 8.10% to ¥4,551,453,488.28 compared to the end of the previous year[6] - The company's current assets totaled CNY 3,811,362,654.71, up from CNY 3,468,988,467.87 at the start of the year, indicating a growth of approximately 9.85%[20]. - The total liabilities reached CNY 1,128,620,502.05, compared to CNY 859,633,081.36 previously, reflecting an increase of about 31.25%[23]. - The company's equity attributable to shareholders amounted to CNY 3,171,703,527.38, up from CNY 3,091,064,026.47, representing a growth of approximately 2.6%[26]. - The total liabilities to equity ratio improved to approximately 0.35, down from 0.26, indicating a stronger equity position relative to liabilities[23]. Cash Flow - Cash flow from operating activities decreased by 70.35% to ¥117,529,007.02 year-to-date[6] - The company reported a significant increase in cash flow from operating activities, totaling ¥117,529,007.02, compared to ¥396,430,357.93 in the previous period[33] - Investment activities generated a net cash flow of ¥268,061,334.91, a substantial increase from ¥82,933,069.03 in the previous period[33] - Cash inflow from financing activities totaled 10,430,000.00, down from 15,370,000.00 in the previous period, reflecting a decrease of approximately 32%[36] - Net cash flow from financing activities was -36,125,393.38, compared to -22,312,237.76 in the prior period, indicating a worsening of 62%[36] - Cash and cash equivalents at the end of the period amounted to 647,017,803.17, a decrease from 720,714,135.75, representing a decline of about 10%[36] Expenses - Total operating costs amounted to ¥505,321,848.16, up from ¥462,477,573.63, reflecting a rise of approximately 9%[27] - Research and development expenses decreased to ¥31,149,043.66 from ¥43,981,346.21, a reduction of approximately 29%[27] - Sales expenses were reduced to ¥39,653,684.33 from ¥48,056,653.72, reflecting a decrease of about 17%[27] Investments and Other Income - The company reported a significant increase in prepaid accounts, up 1233.55% due to expanded production area[10] - The company’s construction in progress increased by 61.68%, reflecting ongoing asset development[10] - Government subsidies recognized increased by 56.29% compared to the previous year, contributing to other income growth[10] - The company’s cash flow from investing activities increased by ¥185,128,265.88 year-over-year, indicating improved liquidity management[10] - The company recorded an increase in investment income to ¥33,648,784.62 from ¥30,206,540.05, representing an increase of approximately 8%[27] Inventory and Retained Earnings - The company's inventory decreased to CNY 449,830,221.85 from CNY 498,364,540.56, a decline of approximately 9.7%[20]. - The company's retained earnings increased to CNY 1,927,590,570.69 from CNY 1,846,951,069.78, reflecting a growth of approximately 4.4%[26]. Borrowings and Financing Activities - The short-term borrowings decreased to CNY 7,000,000.00 from CNY 9,000,000.00, a reduction of about 22.2%[23]. - The total cash inflow from loans received was 8,000,000.00, down from 12,000,000.00, representing a decrease of 33.33%[36] Miscellaneous - The company did not have an audited third-quarter report for 2022[37]