浙农股份(002758) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥9,870,220,383.50, a decrease of 3.34% compared to ¥10,211,322,413.10 in the same period last year[3] - Net profit attributable to shareholders was ¥57,119,269.17, down 37.31% from ¥91,108,881.34 year-on-year[3] - Basic and diluted earnings per share were both ¥0.11, representing a decrease of 38.89% from ¥0.18 in the same period last year[3] - Operating profit for Q1 2024 was CNY 147,986,070.22, down 38.19% from CNY 239,340,641.20 in Q1 2023[16] - Net profit attributable to shareholders of the parent company was CNY 57,119,269.17, a decline of 37.24% from CNY 91,108,881.34 in the previous year[16] - Other comprehensive income after tax was CNY -12,760,227.56, compared to CNY -4,041,906.85 in Q1 2023[16] Cash Flow - The net cash flow from operating activities was -¥463,039,671.95, a significant decline of 5,691.44% compared to ¥8,281,223.74 in the previous year[3] - The company reported a net cash outflow from operating activities of CNY -463,039,671.95, compared to a net inflow of CNY 8,281,223.74 in Q1 2023[19] - The company’s cash flow from investing activities showed a net outflow of CNY 639,490,361.37, compared to CNY 253,623,387.29 in Q1 2023[19] - The net cash flow from investing activities was -306,633,338.58 CNY, compared to -4,209,748.71 CNY in the previous year[20] - The total cash inflow from financing activities amounted to 1,750,610,546.65 CNY, an increase from 1,186,126,521.17 CNY year-over-year[20] - The net cash flow from financing activities was 526,658,142.44 CNY, up from 280,077,405.24 CNY in the same period last year[20] - The company reported a net decrease in cash and cash equivalents of -241,554,438.23 CNY, compared to an increase of 284,538,357.34 CNY in the previous year[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥20,251,227,994.62, a slight decrease of 0.31% from ¥20,313,353,249.60 at the end of the previous year[4] - Total current assets amount to ¥15,836,806,003.17, a slight decrease from ¥15,943,254,982.79 at the beginning of the period[12] - Total assets amounted to CNY 20,251,227,994.62, slightly down from CNY 20,313,353,249.60 at the end of the previous quarter[14] - Total liabilities decreased to ¥12,837,018,315.28 from ¥12,993,642,824.95[13] - Short-term borrowings increased significantly to ¥3,095,838,794.10 from ¥2,436,063,951.86, representing a growth of approximately 27.1%[13] - Non-current assets total ¥4,414,421,991.45, up from ¥4,370,098,266.81[13] Shareholder Information - Total number of common shareholders at the end of the reporting period is 30,646[10] - The largest shareholder, Zhejiang Nong Holding Group Co., Ltd., holds 19.50% of shares, totaling 101,714,094 shares[10] - The company has no preferred shareholders or significant changes in preferred stock ownership[11] Business Segments - The agricultural service business continued to grow, although profits were impacted by price declines in agricultural products[8] - The automotive business faced challenges due to intense competition and price wars, leading to a decline in revenue and profits compared to the previous year[8] - The company is focusing on high-end brands and improving management efficiency to mitigate industry impacts[8] Other Information - Research and development expenses were CNY 4,704,315.10, a decrease of 5.77% from CNY 4,991,112.61 in the same period last year[15] - The company did not undergo an audit for the first quarter report[21] - The report was released on April 27, 2024, by the legal representative Ye Weiyong[21]