中农联合(003042) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥364,865,914.40, representing a 4.59% increase compared to ¥348,839,814.92 in the same period last year[8] - The net profit attributable to shareholders for Q1 2021 was ¥18,309,536.86, a decrease of 2.57% from ¥18,792,758.89 in the previous year[8] - The basic earnings per share for Q1 2021 was ¥0.22, down 4.35% from ¥0.23 in the same period last year[8] - The total profit for the period was CNY 21,847,623.91, slightly up from CNY 21,600,872.29 in the previous year[39] - The company's total comprehensive income for Q1 2021 was CNY 18,421,173.88, down from CNY 18,792,758.89 in the same period last year[40] Cash Flow and Liquidity - The net cash flow from operating activities improved by 24.40%, reaching -¥33,507,032.37, compared to -¥44,324,144.44 in the same period last year[8] - The company reported a net cash inflow from financing activities of ¥501,086,969.27, a significant increase of 1011.14% due to the public offering of shares[15] - The cash inflow from operating activities was CNY 220,316,195.05, compared to CNY 225,264,975.08 in the previous period, indicating a decrease of about 2.2%[46] - The cash and cash equivalents increased significantly to CNY 764,763,306.72 from CNY 223,134,546.24[32] - The company experienced a net increase in cash and cash equivalents of 445,962,368.34 CNY, contrasting with a decrease of -66,620,971.71 CNY in the previous period[48] Assets and Liabilities - Total assets at the end of the reporting period increased by 28.31% to ¥2,951,821,023.72 from ¥2,300,481,298.05 at the end of the previous year[8] - The total liabilities increased to CNY 1,400,536,830.45 from CNY 1,304,297,929.35[32] - Long-term borrowings increased to CNY 265,343,473.91 from CNY 166,021,066.79[32] - The company's contract liabilities decreased by 40.91% to ¥71,837,046.10, reflecting the gradual execution of performance obligations[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 60,772[11] - The largest shareholder, China Agricultural Production Materials Group, held 30.57% of the shares, amounting to 33,500,000 shares[11] - The net assets attributable to shareholders rose by 55.72% to ¥1,551,284,193.27 from ¥996,183,368.70 at the end of the previous year[8] Investment and Development - The construction in progress for the annual production of 3,300 tons of pesticide project saw an investment increase of 38.23%, totaling ¥223,006,544.52[15] - The company plans to expand its market presence and invest in new product development to drive future growth[38] - Research and development expenses were CNY 12,075,347.94, slightly down from CNY 12,087,648.59 in the previous period[38] - The company's research and development expenses for Q1 2021 were CNY 5,432,922.89, slightly higher than CNY 5,133,823.25 in the previous year[42] Operational Efficiency - The company's cash flow from investment activities showed a net outflow of -1,653,908.80 CNY, compared to a net inflow of 4,647,766.00 CNY in the previous period, indicating a shift in investment strategy[51] - The company reported a credit impairment loss of CNY 385,515.97, a significant improvement from a loss of CNY 4,316,682.01 in the previous period[43] - The operating profit for the period was CNY 21,962,155.08, an increase from CNY 21,169,775.13 in the previous year[39]