中农联合(003042) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥440,324,905.14, a decrease of 12.78% compared to ¥504,847,216.52 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥21,535,377.37, representing a decline of 226.52% from a profit of ¥17,020,776.89 in the previous year[5] - The net cash flow from operating activities was -¥64,159,479.74, a significant decrease of 575.81% compared to -¥9,493,741.31 in the same period last year[5] - Basic and diluted earnings per share were both -¥0.15, down 225.00% from ¥0.12 in the previous year[5] - The company experienced a total comprehensive loss of ¥21,582,466.77 in Q1 2024, compared to a comprehensive income of ¥16,890,486.80 in the previous year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,656,893,520.07, a decrease of 2.31% from ¥3,743,489,487.85 at the end of the previous year[5] - The company's current assets decreased from CNY 1,500,028,337.49 to CNY 1,373,296,155.26, representing a reduction of about 8.5%[15]. - Cash and cash equivalents fell from CNY 571,581,499.37 to CNY 412,541,882.08, a decrease of approximately 28%[15]. - Total liabilities decreased from CNY 2,269,487,070.14 to CNY 2,202,509,088.13, a decline of approximately 2.9%[16]. - The company's equity attributable to shareholders decreased from CNY 1,474,002,417.71 to CNY 1,454,384,431.94, reflecting a decrease of about 1.3%[16]. Expenses - The company's R&D expenses decreased by 32.31% to ¥9,536,727.07 from ¥14,087,986.10 in the previous year[10] - Sales expenses increased by 41.67% to ¥11,173,849.95 from ¥7,886,997.76 in the previous year[10] - Total operating costs decreased slightly to ¥468,972,044.47 from ¥486,157,241.50, with operating costs at ¥401,136,180.87, down from ¥407,577,857.07[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,357[12] - The largest shareholder, China Agricultural Production Materials Shanghai Co., Ltd., held 30.57% of the shares, totaling 43,550,000 shares[12] Cash Flow - The company reported a cash inflow from financing activities of ¥252,924,345.00, an increase from ¥225,915,690.74 in the previous year[22] - Cash and cash equivalents at the end of Q1 2024 stood at ¥209,827,159.88, down from ¥378,806,915.40 at the beginning of the period[22] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[15][16]. - The first quarter report has not been audited[23] - The new accounting standards will be implemented starting in 2024[23]