新农股份(002942) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 309,867,486.10, representing a 13.96% increase compared to CNY 271,910,160.13 in the same period last year[5]. - Net profit attributable to shareholders for Q1 2022 was CNY 36,471,489.16, up 17.77% from CNY 30,968,599.28 in Q1 2021[5]. - The basic earnings per share for Q1 2022 increased by 15.00% to CNY 0.23, compared to CNY 0.20 in the previous year[5]. - Total operating revenue for Q1 2022 was 268,448,068.54 CNY, an increase from 240,147,784.77 CNY in Q1 2021, representing an increase of approximately 11.3%[18]. - Net profit for Q1 2022 reached 36,471,489.16 CNY, compared to 30,968,599.28 CNY in Q1 2021, reflecting a growth of about 17.9%[19]. - Operating profit for Q1 2022 was 44,885,075.58 CNY, up from 34,640,221.72 CNY in the same period last year, indicating an increase of approximately 29.6%[18]. - Total comprehensive income for Q1 2022 was 39,706,835.02 CNY, compared to 36,803,196.19 CNY in Q1 2021, an increase of approximately 7.8%[19]. - Basic and diluted earnings per share for Q1 2022 were both 0.23 CNY, up from 0.20 CNY in Q1 2021, reflecting a growth of 15%[19]. Assets and Liabilities - The total assets at the end of Q1 2022 were CNY 1,594,120,139.40, a 2.66% increase from CNY 1,552,881,288.43 at the end of the previous year[5]. - The total liabilities increased to ¥419,342,331.35 from ¥413,485,841.39, indicating a rise of 1.93%[15]. - The company's retained earnings grew to ¥583,865,704.39 from ¥547,394,215.23, an increase of 6.67%[15]. Cash Flow - The company's cash flow from operating activities for Q1 2022 was negative at CNY -20,578,020.79, slightly worse than CNY -19,785,743.29 in Q1 2021, reflecting a decrease of 4.00%[5]. - Cash flow from operating activities showed a net outflow of -20,578,020.79 CNY in Q1 2022, compared to -19,785,743.29 CNY in Q1 2021, indicating a worsening cash flow situation[22]. - Cash and cash equivalents at the end of Q1 2022 were 101,961,527.55 CNY, down from 171,075,562.35 CNY at the end of Q1 2021, a decrease of approximately 40.5%[22]. - Cash and cash equivalents decreased to ¥137,493,605.77 from ¥161,706,358.07, a decline of 15.00%[13]. Accounts Receivable and Inventory - Accounts receivable increased by 75.05% to CNY 188,668,993.55 due to significant sales in March 2022[9]. - Accounts receivable rose significantly to ¥188,668,993.55 from ¥107,779,711.28, marking an increase of 74.93%[13]. - Inventory levels increased to ¥153,887,001.21 from ¥148,395,464.40, showing a growth of 3.36%[13]. Other Income and Expenses - Other income increased by 251.92% to CNY 2,146,634.04, primarily due to an increase in government subsidies received[9]. - The company reported a significant increase in fair value gains of 412.83% to CNY 1,353,959.09, attributed to changes in the value of financial products held[9]. - The income tax expense for Q1 2022 rose by 164.25% to CNY 8,470,415.10, reflecting the increase in the company's profits[9]. - Research and development expenses for Q1 2022 were 17,330,948.12 CNY, slightly down from 18,484,345.96 CNY in Q1 2021, a decrease of about 6.2%[18]. - The company reported a total operating cost of 268,448,068.54 CNY in Q1 2022, an increase from 240,147,784.77 CNY in Q1 2021, representing an increase of about 11.7%[18]. - Other comprehensive income after tax for Q1 2022 was 3,235,345.86 CNY, down from 5,834,596.91 CNY in Q1 2021, a decrease of approximately 44.7%[19]. Shareholder Information - The number of common shareholders at the end of the reporting period was 10,608[11]. - Zhejiang Xinhui Investment Co., Ltd. holds a significant 54.50% stake in the company, making it the largest shareholder[11]. - The company reported a total of 85,020,000 unrestricted shares held by its largest shareholder, Zhejiang Xinhui Investment Co., Ltd.[11].