深粮控股(000019) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥1,072,962,661.16, a decrease of 19.86% compared to ¥1,338,942,951.54 in the same period last year[5] - Net profit attributable to shareholders was ¥63,895,624.77, down 39.40% from ¥105,444,874.99 year-on-year[5] - The gross profit margin decreased significantly, with total profit dropping by 39.03% to ¥67,959,131.05, attributed to lower sales margins on imported grain products[9] - The company's basic earnings per share decreased by 39.45% to ¥0.0554 from ¥0.0915 in the same period last year[5] - Net profit for Q1 2024 was CNY 63,518,283.87, representing a decline of 39.9% from CNY 105,366,782.05 in Q1 2023[20] - The total comprehensive income for Q1 2024 was CNY 63,518,283.87, down from CNY 105,366,782.05 in Q1 2023[20] Cash Flow - The net cash flow from operating activities increased by 235.51%, reaching ¥253,168,024.67, compared to a negative cash flow of ¥186,820,400.70 in the previous year[5] - Total cash inflow from operating activities decreased to ¥1,314,868,119.96 from ¥1,784,538,493.84 year-on-year, reflecting a decline of approximately 26.3%[21] - Cash outflow from operating activities also decreased to ¥1,061,700,095.29 from ¥1,971,358,894.54, a reduction of about 46.3%[21] - The net cash flow from financing activities was negative at -¥224,277,809.56, contrasting with a positive net flow of ¥414,561,714.05 in the same quarter last year[22] - The ending balance of cash and cash equivalents was ¥103,871,924.53, compared to ¥65,916,626.99 at the end of Q1 2023, showing an increase of approximately 57.6%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,121,512,278.83, a decrease of 3.74% from ¥7,398,528,190.94 at the end of the previous year[5] - The company's total liabilities decreased by 17.71% to ¥1,006,808,631.96, reflecting a repayment of part of its current loans[9] - The total current assets decreased from CNY 4,149,239,822.38 at the beginning of the period to CNY 3,911,537,839.51 at the end of the period, representing a decline of approximately 5.73%[15] - The total non-current assets decreased from CNY 3,052,000,000 to CNY 2,978,000,000, indicating a reduction of approximately 2.4%[15] - Total liabilities decreased to CNY 2,199,328,941.81, compared to CNY 2,520,866,532.42 in the previous period[17] Investment and Income - The company recorded an investment income of ¥3,140,646.46, a substantial increase of 865.91% compared to a loss of ¥410,056.20 in the previous year[9] - The company reported an investment income of CNY 3,140,646.46, a significant improvement from a loss of CNY 410,056.20 in the previous year[18] - Non-recurring gains and losses totaled ¥11,705,266.96, primarily from land disposal gains and government subsidies[6] Research and Development - Research and development expenses increased to CNY 4,778,210.02, compared to CNY 4,266,674.46 in the previous year, indicating a focus on innovation[18] Other Observations - The company has not disclosed any new product developments or market expansion strategies in the current report[14] - There were no mentions of mergers or acquisitions in the current financial report[14] - The company did not report any new product launches or significant market expansion strategies during this quarter[23]