新农股份(002942) - 2021 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2021 was ¥271,910,160.13, a decrease of 15.03% compared to ¥320,004,497.46 in the same period last year[8] - The net profit attributable to shareholders was ¥30,968,599.28, down 36.94% from ¥49,106,145.11 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥28,781,534.24, reflecting a decline of 39.09% compared to ¥47,248,774.00 in the previous year[8] - The basic earnings per share decreased to ¥0.260, down 36.59% from ¥0.410 in the same period last year[8] - The weighted average return on equity was 2.86%, a decrease of 2.3 percentage points from 5.16% in the previous year[8] - Net profit decreased by 36.94% to ¥30,968,599.28, primarily due to a decline in company revenue and significant price drops in two product sales[18] - Total operating revenue for the first quarter was CNY 271,910,160.13, compared to CNY 320,004,497.46 in the previous period[43] - Net profit for the first quarter was CNY 30,968,599.28, down 37.0% from CNY 49,106,145.11 in the same period last year[45] - Total comprehensive income for the first quarter was CNY 36,803,196.19, a decrease of 29.5% from CNY 52,289,585.63 in the previous year[46] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,379,854,720.55, an increase of 2.21% from ¥1,350,057,453.24 at the end of the previous year[8] - The net assets attributable to shareholders increased by 3.50% to ¥1,103,320,217.57 from ¥1,066,056,557.45 at the end of the previous year[8] - Total liabilities amounted to CNY 276,534,502.98, a decrease from CNY 284,000,895.79 year-over-year[37] - Non-current assets totaled CNY 601,132,243.65, an increase from CNY 578,362,454.93 year-over-year[38] - Owner's equity increased to CNY 1,103,320,217.57 from CNY 1,066,056,557.45 in the previous period[38] Cash Flow - The net cash flow from operating activities improved to -¥19,785,743.29, a 57.09% improvement from -¥46,107,702.23 in the same period last year[8] - Cash flow from operating activities improved by 57.09% to -¥19,785,743.29, mainly due to a reduction in acceptance bill exposure compared to the previous period[18] - The cash inflow from sales of goods and services was CNY 213,614,914.04, a decrease from CNY 225,486,356.75 in the previous period[52] - The total cash inflow from operating activities was CNY 224,075,396.95, down from CNY 234,412,623.22 in the previous period[52] - The total cash outflow from operating activities was CNY 243,861,140.24, reduced from CNY 280,520,325.45 in the previous period[53] - The cash and cash equivalents at the end of the period totaled CNY 171,075,562.35, compared to CNY 131,719,800.34 in the previous period[54] Investments and Expenses - Research and development expenses rose by 78.77% to ¥18,484,345.96, attributed to increased R&D investment[18] - Investment income surged by 733.67% to ¥2,891,787.97, mainly from increased profits from settled forward foreign exchange products[17] - The company reported an investment income of CNY 2,891,787.97, compared to CNY 346,873.13 in the previous year[48] - The total operating costs were CNY 240,147,784.77, compared to CNY 262,479,698.37 in the previous year[45] - Financial expenses changed by -174.27% to ¥865,097.89, mainly due to a decrease in exchange gains from RMB appreciation[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,867[12] - The company has invested a cumulative total of 138,499,400 CNY in fundraising projects, with 14,714,300 CNY utilized from January 1 to March 31, 2021[27] Risk Management - The independent directors emphasized the importance of effective risk management in the context of significant foreign currency transactions[25]