新农股份(002942) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥283,681,732.88, representing a 55.61% increase compared to the same period last year[8]. - Net profit attributable to shareholders of the listed company was ¥36,390,193.77, up 67.61% year-on-year[8]. - Basic earnings per share were ¥0.300, an increase of 66.67% compared to the same period last year[8]. - The company's total equity rose to CNY 906.22 million, up from CNY 748.28 million, representing a growth of 21.1%[40]. - The net profit for Q3 2019 reached CNY 140,104,054.43, up 28.3% from CNY 109,149,095.32 in Q3 2018[56]. - The total comprehensive income for Q3 2019 was CNY 147,648,415.08, compared to CNY 109,149,095.32 in Q3 2018, reflecting a growth of 35.2%[57]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,258,972,104.74, an increase of 13.12% compared to the end of the previous year[8]. - The company's current assets totaled CNY 762,883,790.17, compared to CNY 725,325,147.52 at the end of 2018, reflecting a growth in liquidity[38]. - Total liabilities decreased to CNY 352.76 million from CNY 364.68 million, indicating a reduction of 3.1%[40]. - The total liabilities stood at CNY 364,684,153.46, with non-current liabilities totaling CNY 10,503,787.91[74]. - The company's fixed assets rose to CNY 242,609,666.52 from CNY 187,537,479.34, reflecting ongoing investment in long-term assets[38]. Cash Flow - The net cash flow from operating activities was ¥58,561,892.20, showing a significant decrease of 1,273.68% compared to the previous year[8]. - Operating cash flow increased by 87.83% to ¥174.18 million, primarily due to increased bill payments for procurement[24]. - Cash received from operating activities totaled CNY 688,169,016.30, a slight increase from CNY 664,753,541.03 in the previous year[68]. - Net cash outflow from investing activities was CNY -331,494,412.00, significantly higher than CNY -33,037,576.73 in the same period last year[65]. - The net increase in cash and cash equivalents for Q3 2019 was CNY -254,752,270.24, contrasting with a net increase of CNY 1,029,837.94 in Q3 2018[65]. Shareholder Information - The total number of shareholders at the end of the reporting period was 19,373[12]. - The largest shareholder, Zhejiang Xinhui Investment Co., Ltd., held 54.50% of the shares, totaling 65,400,000 shares[12]. Expenses and Costs - Total operating costs for Q3 2019 were CNY 242.52 million, up 56.8% from CNY 154.54 million in the same period last year[47]. - Research and development expenses for Q3 2019 were CNY 11.32 million, slightly down from CNY 13.23 million in Q3 2018, indicating a focus on cost management[47]. - Cash paid for purchasing goods and services was CNY 374,024,101.52, down from CNY 454,105,177.51 in Q3 2018, reflecting cost control efforts[68]. Investment Activities - The company utilized CNY 7,554.31 million of idle funds for wealth management, maintaining liquidity while seeking returns[33]. - The fair value of other equity instruments held by the company was CNY 75,162,343.64, indicating a significant investment in financial assets[29]. - The company reported an investment income of CNY 8,679,279.53 for the first three quarters of 2019, a turnaround from a loss of CNY 2,725,350.95 in the previous year[54]. Other Financial Metrics - The weighted average return on equity was 4.10%, down 2.78% year-on-year[8]. - Other comprehensive income increased by 100% to ¥53.83 million, mainly due to fair value changes of other equity instruments under new financial standards[20]. - Financial expenses decreased by 82.98% to -¥988,006.70, mainly due to reduced exchange gains from currency fluctuations[22].