神农科技(300189) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥39,227,142.88, a decrease of 16.96% compared to ¥47,237,741.65 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥3,349,075.91, an improvement of 17.39% from a loss of ¥4,053,976.37 year-over-year[4] - The total operating costs decreased from 53,041,028.66 CNY to 45,060,487.77 CNY, a reduction of about 15.0%[20] - The operating profit was -2,792,910.98 CNY, improving from -5,188,590.70 CNY year-over-year[20] - The total comprehensive income for the period was -2,699,860.13 CNY, compared to -5,188,590.74 CNY in the previous year, indicating a significant reduction in losses[21] Cash Flow - The net cash flow from operating activities improved significantly, with a net cash flow of -¥5,099,519.60, a 77.94% increase compared to -¥23,119,814.75 in the previous year[4] - Cash flow from operating activities showed a net outflow of -5,099,519.60 CNY, an improvement from -23,119,814.75 CNY in the previous year[24] - The company reported cash inflows from operating activities totaling 47,839,605.77 CNY, up from 33,801,424.19 CNY year-over-year, representing an increase of approximately 41.5%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,011,188,187.94, down 2.40% from ¥1,036,071,871.98 at the end of the previous year[4] - The company's cash and cash equivalents decreased to CNY 98,456,644.88 from CNY 115,121,706.64 at the beginning of the year, reflecting a decline of approximately 14.4%[16] - Total current assets amounted to CNY 296,668,688.23, down from CNY 322,255,868.22, indicating a reduction of about 7.9%[16] - The total liabilities decreased to CNY 124,969,853.77 from CNY 147,153,677.68, showing a reduction of about 15.0%[18] - The company's total non-current assets increased slightly to CNY 714,519,499.71 from CNY 713,816,003.76, reflecting a marginal increase of 0.1%[17] - The company's inventory decreased to CNY 66,910,420.04 from CNY 78,256,939.58, indicating a decline of approximately 14.5%[16] - The total equity attributable to shareholders decreased to CNY 803,871,836.90 from CNY 807,220,912.81, a decrease of about 0.4%[18] Government Support and Investment - The company received government subsidies amounting to ¥1,549,106.49 during the reporting period, contributing to an increase in other income by 150.70%[9] - The cash flow from investment activities increased by ¥58,331,300.00, a growth of 92.90%, primarily due to reduced financial investments compared to the previous year[10] - The company reported investment income of 2,252,442.49 CNY, down from 3,388,599.45 CNY in the previous year[20] Earnings Per Share - The company's basic and diluted earnings per share were both -¥0.0033, reflecting a 17.50% improvement from -¥0.0040 in the same period last year[4] - The basic and diluted earnings per share were both -0.0033 CNY, an improvement from -0.0040 CNY year-over-year[21] Research and Development - The company incurred research and development expenses of 2,426,458.64 CNY, slightly down from 2,721,609.36 CNY in the same period last year[20] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[15] - The company reported a net loss of CNY 515,737,652.92, compared to a loss of CNY 512,388,577.01 in the previous period[18]