京基智农(000048) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥1,257,759,871.54, a decrease of 81.12% compared to ¥6,663,134,945.61 in the same period last year[6] - Net profit attributable to shareholders was ¥54,125,149.43, down 95.56% from ¥1,219,766,615.49 year-over-year[6] - The company's basic earnings per share dropped to ¥0.1034, a decline of 95.56% from ¥2.3312 in the same quarter last year[6] - The weighted average return on equity fell to 1.39%, down 36.34% from 37.73% year-over-year[6] - The company's net profit for the current period is ¥57,212,823.93, a significant decrease compared to ¥1,222,301,245.94 in the previous period, reflecting a decline of approximately 95.3%[31] - Operating profit for the current period stands at ¥97,158,308.27, down from ¥1,687,480,648.76 in the previous period, indicating a decrease of about 94.2%[31] - The company reported a total profit of ¥86,569,818.17, significantly lower than ¥1,680,782,997.06 in the previous period, reflecting a decrease of about 94.8%[31] Cash Flow - The net cash flow from operating activities improved by 50.77%, reaching -¥186,845,447.07 compared to -¥379,544,600.52 in the previous year[6] - Total cash inflow from operating activities is ¥1,006,044,150.12, down from ¥2,058,532,835.73 in the previous period, representing a decline of approximately 51.1%[33] - Cash flow from operating activities shows a net outflow of ¥186,845,447.07, improving from a net outflow of ¥379,544,600.52 in the previous period[33] - Cash flow from investing activities resulted in a net outflow of ¥59,383,086.57, compared to a net outflow of ¥621,022,408.97 in the previous period, showing an improvement[35] - Cash flow from financing activities generated a net inflow of ¥43,241,740.02, a decrease from ¥425,522,445.99 in the previous period, indicating a decline of about 89.9%[35] - The company's cash and cash equivalents at the end of the period amount to ¥851,996,926.68, down from ¥1,554,383,838.37 at the end of the previous period[35] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥11,856,868,924.54, a decrease of 2.24% from ¥12,127,949,064.02 at the end of the previous year[6] - Total liabilities decreased to CNY 7,881,577,728.87 from CNY 8,220,893,896.09, a reduction of approximately 4.1%[27] - Non-current assets total CNY 7,780,413,112.08, down from CNY 7,894,129,519.92, reflecting a decrease of about 1.4%[27] - Total current assets decreased to ¥4,076,455,812.46 from ¥4,233,819,544.10, indicating a decline of about 3.7%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,889[11] - The company reported a total of 156,183,392 shares held by Shenzhen Jinke Times Industrial Co., Ltd., making it the largest shareholder[14] - The second-largest shareholder, Jinke Group Co., Ltd., holds 146,867,557 shares, representing a significant stake in the company[14] - The top ten shareholders include several private equity funds, with the largest being Zirc Private Fund Management (Hainan) Co., Ltd. holding 26,162,000 shares[14] - The company has not disclosed any related party relationships among the remaining shareholders[14] Operational Metrics - The company's operating costs decreased by 72.01% to ¥973,120,679.80, reflecting a significant reduction in project costs[10] - The company reported a 93.60% decrease in income tax expenses, amounting to ¥29,356,994.24, due to a decline in taxable profits[10] - Accounts receivable increased by 215.86% to ¥87,396,309.20, primarily due to an increase in receivables from feed sales[10] - Inventory rose to ¥2,914,382,549.27 from ¥2,872,707,801.35, reflecting an increase of approximately 1.4%[17] - The company reported a decrease in other receivables to ¥29,185,446.32 from ¥40,555,530.79, a decline of approximately 28.0%[17] - Research and development expenses for the current period are CNY 11,298,190.96, an increase from CNY 9,118,047.87, indicating a growth of approximately 24.0%[21] - Financial expenses increased to CNY 29,413,996.76 from CNY 12,007,770.81, marking a significant rise of about 145.0%[21] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[36]