大北农(002385) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥7,775,457,720.55, representing a 20.36% increase compared to ¥6,459,940,820.51 in the same period last year[4]. - The net profit attributable to shareholders was -¥305,343,324.11, a decrease of 31.29% from -¥232,567,144.99 year-on-year[4]. - The net profit for Q1 2023 was -400,497,903.31 CNY, compared to -286,040,568.67 CNY in the same period last year, representing a decline of approximately 40%[24]. - The total comprehensive income for Q1 2023 was -392,340,284.36 CNY, compared to -308,869,117.74 CNY in Q1 2022, indicating a worsening of approximately 27%[26]. - The basic and diluted earnings per share were both -0.07 CNY, compared to -0.06 CNY in the previous year, reflecting a decline in profitability[26]. Cash Flow - The net cash flow from operating activities was -¥1,092,795,540.55, reflecting a 15.01% decline compared to -¥950,214,637.51 in the previous year[4]. - The net cash flow from operating activities was -1,092,795,540.55 CNY, compared to -950,214,637.51 CNY in the previous period, indicating a decline of approximately 14.9%[28]. - Total cash inflow from operating activities reached 7,346,722,504.49 CNY, up from 6,312,175,888.65 CNY, representing an increase of about 16.3%[28]. - Cash outflow from operating activities totaled 8,439,518,045.04 CNY, compared to 7,262,390,526.16 CNY in the prior period, marking an increase of approximately 16.2%[28]. - The net cash flow from investing activities was -336,820,482.66 CNY, an improvement from -1,775,966,521.14 CNY year-over-year[28]. - Cash inflow from investing activities was 102,583,238.41 CNY, compared to 65,795,517.88 CNY in the previous period, reflecting an increase of about 55.8%[28]. - Cash outflow from investing activities decreased significantly to 439,403,721.07 CNY from 1,841,762,039.02 CNY, a reduction of approximately 76.1%[28]. - The net cash flow from financing activities was 497,035,000.64 CNY, down from 1,222,666,723.20 CNY, indicating a decline of about 59.3%[29]. - The company received 2,679,772,342.43 CNY in cash from borrowings, which is an increase from 1,754,054,671.68 CNY, representing a growth of about 52.6%[28]. - The cash paid for financing activities totaled 2,551,489,116.50 CNY, compared to 1,218,571,518.78 CNY in the prior period, indicating an increase of approximately 109.5%[28]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥30,565,989,197.31, a decrease of 1.95% from ¥31,174,429,135.15 at the end of the previous year[4]. - The company's total liabilities decreased by 2.72% to ¥10,460,764,336.98 from ¥10,752,974,607.43 at the end of the previous year[4]. - The company's total liabilities decreased to ¥18,036,378,711.46 from ¥18,167,517,691.49, a reduction of approximately 0.7%[23]. - The company's equity attributable to shareholders decreased to ¥10,460,764,336.98 from ¥10,752,974,607.43, reflecting a decline of about 2.7%[23]. - Long-term borrowings increased to ¥3,147,710,849.01 from ¥2,881,134,966.65, marking a rise of approximately 9.3%[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 243,284[12]. - The largest shareholder, Shao Genhuo, holds 24.49% of the shares, totaling 1,014,200,026 shares[13]. - The top ten shareholders hold a total of 1,313,000,000 shares, representing a significant portion of the company's equity[14]. - The largest shareholder has pledged 404,223,000 shares as collateral[13]. - The company has not disclosed any relationships or concerted actions among its major shareholders[15]. Investment and Acquisitions - The company acquired 30% of Hunan Jiuding Technology Group for 1.32 billion RMB but later terminated the acquisition due to legal disputes[18]. - The company is currently involved in a lawsuit regarding the acquisition of Hunan Jiuding Technology, with an appeal filed against a lower court's ruling[18]. - The company plans to issue up to 10% of its total share capital, not exceeding 414,128,185 shares, to raise funds totaling no more than 2.26 billion RMB[16]. - The adjusted fundraising amount for the non-public offering is set to not exceed 1.94 billion RMB[16]. Research and Development - Research and development expenses increased by 31.64% to ¥14,426,000.00, up from the previous year's ¥10,967,460.00[9]. - Research and development expenses increased to 143,893,817.40 CNY, up from 109,308,395.20 CNY, marking a rise of approximately 31.7% year-over-year[24]. Other Financial Metrics - The company reported a significant increase in financial expenses, totaling 113,078,136.53 CNY, compared to 88,302,635.44 CNY in the previous year, which is an increase of about 28%[24]. - The investment loss was recorded at -76,835,683.39 CNY, a stark contrast to the investment income of 23,904,070.66 CNY in the same quarter last year[24]. - The company's tax expenses decreased to 18,366,633.01 CNY from 30,403,048.20 CNY, a reduction of about 39.7% year-over-year[24]. - Other income decreased to 31,720,847.38 CNY from 37,210,517.56 CNY, showing a decline of approximately 14.5%[24].