浙农股份(002758) - 2020 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2020 was CNY 332,307,313.21, a decrease of 20.02% compared to CNY 415,510,282.75 in the same period last year[9] - Net profit attributable to shareholders was CNY 3,870,735.20, down 38.05% from CNY 6,248,309.59 year-on-year[9] - Net profit excluding non-recurring gains and losses was CNY 2,745,739.62, a decline of 48.53% compared to CNY 5,334,835.88 in the previous year[9] - Basic earnings per share decreased by 33.33% to CNY 0.02 from CNY 0.03 in the same period last year[9] - Total operating revenue for Q1 2020 was CNY 332,307,313.21, a decrease from CNY 415,510,282.75 in the previous period[39] - The net profit for the first quarter was CNY 3,576,875.55, down 31.4% from CNY 5,219,704.75 in the same period last year[42] - The total profit for the first quarter was CNY 4,616,998.60, a decrease of 39.1% from CNY 7,596,758.19 in the previous year[41] - The operating profit for the first quarter was CNY 4,985,616.23, down 41.5% from CNY 8,449,513.34 in the same period last year[41] - The total comprehensive income for the first quarter was CNY 3,576,875.55, down 31.4% from CNY 5,219,704.75 in the previous year[42] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,503,665,039.39, a decrease of 3.62% from CNY 1,560,089,581.05 at the end of the previous year[9] - Total liabilities decreased to CNY 833,129,845.42 from CNY 892,788,850.12, showing a reduction in financial obligations[33] - The total assets decreased to CNY 1,130,328,357.78 from CNY 1,162,640,888.31, indicating a contraction in the asset base[36] Cash Flow - The net cash flow from operating activities improved by 5.15%, amounting to CNY -53,274,431.91 compared to CNY -56,168,948.62 in the previous year[9] - The cash flow from operating activities showed a net outflow of CNY 53,274,431.91, slightly improved from a net outflow of CNY 56,168,948.62 in the previous year[49] - Total cash inflow from operating activities was 229,018,672.27 yuan, down from 294,241,636.23 yuan year-over-year, reflecting a decrease of approximately 22.1%[53] - Cash outflow from operating activities totaled 300,102,503.46 yuan, compared to 339,244,724.28 yuan in the previous period, a reduction of about 11.5%[53] - The net cash flow from investing activities was 12,308,196.90 yuan, slightly down from 13,500,000.00 yuan in the previous period[53] - Cash inflow from financing activities was 129,000,000.00 yuan, significantly higher than 31,500,000.00 yuan in the previous period, marking an increase of approximately 309.5%[54] - The net cash flow from financing activities was 21,212,739.59 yuan, compared to -8,809,543.80 yuan in the previous period, indicating a positive turnaround[54] Shareholder Information - The company reported a total of 14,870 common shareholders at the end of the reporting period[13] - The largest shareholder, Zhejiang Shaoxing Huatong Trading Group Co., Ltd., held 26.23% of the shares, amounting to 55,125,000 shares[13] Investment and Expenses - Interest income fell by 50.53% to ¥586,634.47 from ¥1,185,884.51, mainly due to a reduction in time deposits[17] - Total cash outflow from investment activities decreased by 54.60% to ¥5,002,606.15 from ¥11,018,393.23, primarily due to a reduction in fixed asset purchases[17] - The company reported a decrease in research and development expenses to CNY 1,920,318.17 from CNY 2,590,326.57, suggesting a potential shift in focus or cost management[40] - The company recorded an investment income of CNY 12,360,000.00, down from CNY 13,500,000.00 in the previous year, indicating a decline of 8.4%[44] Credit and Receivables - The company's accounts receivable rose to ¥391,433,847.37 from ¥366,512,046.14, indicating a growth in sales on credit[30] - Accounts receivable increased to CNY 307,349,576.86 from CNY 278,651,473.97, indicating a rise in credit sales[34] - The company reported a significant increase in credit impairment losses, amounting to CNY -626,437.63 compared to CNY -1,407,092.87 in the previous year[45] Debt Management - Cash outflow from financing activities surged by 473.85% to ¥194,530,810.65 from ¥33,899,393.52, primarily due to an increase in loan repayments[17] - The company paid 105,000,000.00 yuan in debt repayment, compared to 30,000,000.00 yuan in the previous period, indicating a higher focus on debt management[54] - The company obtained loans amounting to 120,000,000.00 yuan during the period, compared to 20,000,000.00 yuan in the previous period, reflecting a significant increase in borrowing[54] Audit and Compliance - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[55]