大北农(002385) - 2021 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2021 reached ¥8,173,438,199.35, an increase of 30.26% year-over-year, and cumulative revenue for the year-to-date was ¥23,441,504,152.54, up 53.55% compared to the same period last year[3] - Net profit attributable to shareholders was -¥391,361,981.56 for Q3 2021, a decrease of 166.38% year-over-year, with a year-to-date net profit of ¥107,414,324.31, down 92.76% compared to the previous year[3] - The company reported a basic earnings per share of -¥0.10 for Q3 2021, reflecting a decline of 166.67% year-over-year, and a year-to-date basic earnings per share of ¥0.03, down 91.89%[3] - Net profit for the current period was reported at -¥86,975,965.14, contrasting sharply with a net profit of ¥1,931,260,705.85 in the same period last year[21] - The company reported a basic earnings per share of ¥0.03, down from ¥0.37 in the previous period[22] Assets and Liabilities - Total assets increased to ¥26,680,959,699.43, a growth of 10.98% from the end of the previous year, while total equity attributable to shareholders rose to ¥11,259,005,707.81, up 2.21%[3] - As of September 30, 2021, the total assets of Beijing Dabeinong Technology Group Co., Ltd. reached approximately CNY 26.68 billion, an increase from CNY 24.04 billion as of December 31, 2020, representing a growth of about 11.1%[19] - The company's total liabilities amounted to approximately CNY 13.24 billion as of September 30, 2021, compared to CNY 11.00 billion at the end of 2020, marking an increase of about 20.3%[18] - The long-term borrowings increased significantly to approximately CNY 2.83 billion from CNY 1.94 billion, representing a growth of about 46%[18] - The company's total liabilities were CNY 9,573,285,748.84, reflecting a slight increase from CNY 9,537,450,096.04 year-over-year[27] Cash Flow - Cash received from sales increased by ¥841,411.43 million, a growth of 56.04% year-on-year for the first nine months of 2021[10] - Net cash flow from operating activities decreased by ¥60,953.16 million, a decline of 51.12% year-on-year for the first nine months of 2021[10] - The net cash flow from operating activities was CNY 582,811,586.13, a decrease of 51.1% compared to CNY 1,192,343,201.47 in the same period last year[24] - The company’s cash flow from investment activities was negative at CNY -1,572,760,305.29, worsening from CNY -1,032,641,603.17 in the previous year[24] - Cash received from financing activities increased by ¥50,330.85 million, a growth of 244.32% year-on-year for the first nine months of 2021[11] Operating Costs and Expenses - Operating costs for the first nine months of 2021 increased by ¥911,308,700.00, or 77.69%, primarily due to higher sales of pigs and feed[9] - Management expenses for the first nine months of 2021 rose by ¥326,324,100.00, an increase of 45.92%, attributed to enhanced talent development efforts[9] - Interest expenses increased by ¥61,737,400.00, or 32.83%, due to higher bank borrowing costs during the first nine months of 2021[9] - Total operating costs amounted to ¥23,359,678,283.88, up 71.3% from ¥13,655,007,642.25 in the prior period[20] Investment and Research - The company recorded a significant decline in investment income, reporting a loss of ¥30,211,815.46 compared to a profit of ¥474,858,381.48 in the previous period[20] - Research and development expenses increased to ¥452,097,361.80, up from ¥349,408,133.37, reflecting a growth of 29.5%[20] Shareholder Information - Total number of common shareholders at the end of the reporting period was 260,723[12] - The largest shareholder, Shao Genhuo, holds 26.51% of the shares, totaling 1,097,865,045 shares[12] - The company has implemented a stock incentive plan approved by the shareholders, aimed at motivating key personnel and aligning their interests with those of the shareholders[15] Compliance and Standards - The company did not undergo an audit for the third quarter report[29] - The report indicates that the new leasing standards were not applicable for the current period[29]