新洋丰(000902) - 2024 Q1 - 季度财报

Financial Performance - The total revenue for Q1 2024 was ¥3,334,772,187.16, a decrease of 24.52% compared to ¥4,418,261,498.82 in the same period last year[10] - The net profit attributable to shareholders was ¥343,921,552.52, down 15.83% from ¥408,606,670.23 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥328,243,062.84, a decrease of 19.42% compared to ¥407,353,189.93 in the previous year[10] - The basic earnings per share were ¥0.274, down 15.95% from ¥0.326 year-on-year[10] - The diluted earnings per share were ¥0.269, a decrease of 15.41% compared to ¥0.318 in the previous year[10] - The net profit for Q1 2024 is approximately ¥342.63 million, a decrease of 17.0% compared to ¥412.64 million in Q1 2023[27] - The total revenue for Q1 2024 is not explicitly stated, but the operating profit is reported at ¥417.24 million, down from ¥495.25 million in the previous year, indicating a decline of 15.7%[27] Cash Flow - The net cash flow from operating activities was -¥1,151,119,031.62, a decline of 346.33% from -¥257,909,207.86 in the same period last year[10] - The cash flow from financing activities for Q1 2024 was ¥394.90 million, compared to ¥100.00 million in Q1 2023, showing a substantial increase of 294.9%[31] - The company's cash and cash equivalents at the end of Q1 2024 stood at ¥1.06 billion, down from ¥1.18 billion at the end of Q1 2023, a decrease of 10.3%[31] - The company's cash inflow from investment activities was CNY 1,195,243,187.85, compared to CNY 788,381,209.60 in the previous year[53] - The cash flow from other operating activities was CNY 239,434,802.67, compared to CNY 229,164,668.86 in the same period last year[52] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,848,658,566.18, a slight decrease of 0.21% from ¥16,884,693,648.26 at the end of the previous year[10] - The total assets of Xinyangfeng Agricultural Technology Co., Ltd. as of March 31, 2024, amounted to CNY 16,848,658,566.18, a slight decrease from CNY 16,884,693,648.26 at the beginning of the period[44] - The total liabilities decreased to ¥6,483,627,772.72 from ¥6,871,810,101.61, reflecting a decline of about 5.6%[56] - Non-current liabilities totaled ¥2,142,085,389.56, an increase from ¥1,868,272,406.74, representing a growth of approximately 14.6%[56] - Deferred income tax liabilities rose to ¥142,942,915.88 from ¥141,461,916.38, indicating a slight increase of about 1.0%[56] Shareholder Equity - The equity attributable to shareholders increased by 3.63% to ¥9,931,613,557.67 from ¥9,583,499,437.26 at the end of the previous year[10] - The total equity attributable to shareholders of the parent company rose to ¥9,931,613,557.67 from ¥9,583,499,437.26, an increase of approximately 3.6%[56] Investment Activities - The company reported a significant increase in cash flow from investment activities, amounting to ¥947,238,432.30, up 149.44% from ¥379,749,469.36 in the previous year[15] - The company reported a significant increase in accounts receivable financing, which rose by 203.03% to ¥135.01 million from ¥44.55 million[38] - Cash outflow for investment activities was CNY 248,004,755.55, down from CNY 408,631,740.24 year-over-year[53] Operating Costs and Expenses - Total operating costs for the current period are ¥2,911,553,084.20, down from ¥3,902,005,806.17, reflecting a reduction of about 25.4%[57] - Research and development expenses for the current period were ¥17,802,047.48, up from ¥13,928,756.71, indicating an increase of approximately 27.5%[57] - Other income increased significantly to ¥15,311,760.98 from ¥2,480,813.50, marking a growth of about 517.5%[57] Inventory and Receivables - The company's inventory increased to CNY 3,191,023,225.02 from CNY 2,700,506,775.06 at the beginning of the period[44] - The company reported a significant increase in accounts payable, which rose to ¥1.73 billion, down from ¥2.10 billion, reflecting a decrease of 17.6%[27] - Contract liabilities decreased by 26.6% to ¥1.50 billion from ¥2.04 billion, indicating a reduction in pre-received sales revenue[38]