中粮资本(002423) - 2023 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2023 was ¥5,640,990,066.46, a decrease of 2.29% compared to ¥5,773,085,307.48 in the same period last year[4] - Net profit attributable to shareholders was ¥375,547,078.59, a significant increase of 209.71% from a loss of ¥342,311,551.56 in the previous year[4] - Net profit after deducting non-recurring gains and losses was ¥374,320,073.82, reflecting a 209.03% increase from a loss of ¥343,333,667.13 year-over-year[4] - Basic earnings per share rose to ¥0.1630, compared to a loss of ¥0.1486 in the same period last year, marking a 209.69% improvement[4] - Total operating revenue for the current period was approximately ¥5.64 billion, a decrease of 2.3% from ¥5.77 billion in the previous period[8] - Operating income decreased to approximately ¥857 million from ¥1.33 billion, representing a decline of 35.5%[8] - Net profit for the current period was approximately ¥482 million, compared to a net loss of ¥447 million in the previous period[23] - The total profit for the current period was approximately ¥793 million, compared to a loss of ¥573 million in the previous period[23] - The company’s total comprehensive income for the current period was approximately ¥692 million, compared to a loss of ¥391 million in the previous period[23] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 79.01% to ¥924,370,791.45 from ¥4,403,804,455.96 in the same period last year[4] - The company’s cash flow from operating activities was approximately ¥1.09 billion, down from ¥1.63 billion in the previous period, indicating a decrease of 33.4%[23] - Operating cash inflows totaled CNY 5,861,527,507.86, a decrease from CNY 8,102,854,356.92 in the previous period, reflecting a decline of approximately 27.5%[43] - Operating cash outflows amounted to CNY 4,937,156,716.41, compared to CNY 3,699,049,900.96 previously, indicating an increase of about 33.5%[43] - Cash inflows from financing activities totaled CNY 3,621,289,716.65, down from CNY 4,952,251,611.18, reflecting a decrease of approximately 26.9%[47] - The net increase in cash and cash equivalents was -CNY 453,532,098.17, contrasting with a net increase of CNY 2,480,648,280.65 in the prior period[47] - The ending balance of cash and cash equivalents stood at CNY 13,865,506,135.66, down from CNY 14,809,828,327.15[47] Assets and Liabilities - Total assets increased by 7.47% to ¥126,064,599,881.37 from ¥117,298,899,880.56 at the end of the previous year[4] - Shareholders' equity attributable to the parent company rose by 2.71% to ¥18,816,986,745.74 from ¥18,320,497,245.57[4] - Accounts receivable increased by 45% year-on-year, reaching 400,681,806.60 RMB, driven by growth in trust business[33] - Inventory surged by 250% year-on-year to 304,231,351.97 RMB, attributed to increased procurement in spot trading[33] - Financial liabilities from derivatives rose by 298% to 172,846,786.92 RMB, due to changes in the market value of derivatives held[33] - Deferred income tax liabilities skyrocketed by 2611% to 172,013,536.45 RMB, resulting from changes in the market value of financial assets[33] - Other comprehensive income increased by 1512% to 148,290,052.95 RMB, due to changes in the market value of other debt investments[33] Investment and Expenses - Investment income from financial instruments and equity investments was -¥201,254,887.31, attributed to normal business operations[5] - The fair value change gain from financial instruments was ¥1,049,104,853.16, also resulting from normal business operations[5] - The company reported a significant increase in investment income, which turned from a gain of ¥210 million in the previous period to a loss of approximately ¥201 million[8] - The company’s management expenses increased to approximately ¥597 million from ¥490 million, reflecting a rise of 21.9%[8] - Research and development expenses rose significantly to approximately ¥3.61 million from ¥971 thousand, indicating a substantial increase in investment in innovation[8] Shareholder Information - Total number of common shareholders at the end of the reporting period was 43,795[32] - The largest shareholder, COFCO Group, holds 62.78% of shares, totaling 1,446,543,440 shares[32] - The number of shares held by the top ten shareholders includes significant stakes from state-owned entities, indicating strong institutional support[32]