新农股份(002942) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥268,614,860.48, representing a 2.26% increase compared to ¥262,676,478.52 in the same period last year[8]. - Net profit attributable to shareholders was ¥47,575,760.89, a 23.71% increase from ¥38,456,587.91 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥42,148,450.52, up 14.02% from ¥36,966,103.72 in the previous year[8]. - The company reported a gross profit margin of approximately 18.9% for the current period, compared to 14.5% in the previous period[44]. - Net profit for the current period was ¥47,575,760.89, up from ¥38,456,587.91, indicating a growth of approximately 23.5%[46]. - The company reported a total comprehensive income of ¥51,670,934.77, compared to ¥38,456,587.91 in the previous period, marking an increase of approximately 34.3%[47]. Cash Flow - Net cash flow from operating activities increased by 28.31% to ¥49,531,261.97 from ¥38,602,013.43 in the same period last year[8]. - Operating cash inflow for the current period reached ¥232,038,552.04, an increase of 33.2% compared to ¥174,104,046.93 in the previous period[58]. - Net cash flow from operating activities was ¥71,233,500.46, up 82.5% from ¥39,053,451.03 in the same period last year[58]. - Total cash outflow from investing activities was ¥235,340,406.07, significantly higher than ¥5,847,764.25 in the previous period[59]. - Cash flow from financing activities showed a net outflow of -¥26,133,458.12, a decrease from a net inflow of ¥24,004,516.51 in the previous period[59]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,160,357,063.98, a 4.26% increase from ¥1,112,967,223.13 at the end of the previous year[8]. - Current liabilities decreased to CNY 295,404,416.59 from CNY 354,180,365.55, a reduction of about 16.5%[37]. - Total liabilities decreased to CNY 305,825,146.50 from CNY 364,684,153.46, a reduction of about 16.1%[37]. - The total equity attributable to shareholders increased to CNY 854,531,917.48 from CNY 748,283,069.67, reflecting a growth of about 14.2%[38]. - Non-current assets rose to CNY 461,115,582.57, up from CNY 387,642,075.61, indicating an increase of approximately 19%[36]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,467[12]. - The largest shareholder, Zhejiang Xinhui Investment Co., Ltd., held 54.50% of the shares, totaling 65,400,000 shares[12]. Investment and Other Income - Other income increased by 274.61% to ¥3,656,437.69, mainly from increased government subsidies and social security refunds[20]. - Investment income surged by 1356.25% to ¥2,876,805.48, attributed to returns from investment funds[20]. - The company reported a significant increase in prepayments, rising to CNY 27,749,120.23 from CNY 3,586,717.97, an increase of approximately 671%[40]. Financial Management - Financial expenses decreased by 53.79% to ¥3,122,707.38, primarily due to reduced foreign exchange losses[20]. - The company has engaged in cash management using idle raised funds, with several structured deposits and wealth management products in place[24]. - The company reported a significant reduction in asset impairment losses by 81.36% to ¥491,634.16, due to a decrease in accounts receivable[20]. Research and Development - Research and development expenses increased to ¥12,548,231.59 from ¥11,795,700.80, reflecting a rise of about 6.4%[44].