金新农(002548) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 1,050,632,449.52, a decrease of 3.55% compared to CNY 1,089,319,765.36 in the same period last year[5] - The net loss attributable to shareholders was CNY -52,055,103.26, an improvement of 47.45% from CNY -99,054,507.62 year-over-year[5] - Total operating revenue for Q1 2024 was CNY 1,050,632,449.52, a decrease of 3.4% compared to CNY 1,089,319,765.36 in Q1 2023[39] - Net loss for Q1 2024 was CNY 52,239,334.92, an improvement from a net loss of CNY 97,360,683.43 in Q1 2023[40] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.06, an improvement from CNY -0.12 in Q1 2023[41] Cash Flow - The net cash flow from operating activities was CNY -141,637,995.57, which is a 17.53% improvement compared to CNY -171,744,228.72 in the previous year[5] - Total cash inflow from operating activities was 976,440,715.52 CNY, down 6.3% from 1,042,245,778.91 CNY in the prior period[44] - Cash outflow from operating activities totaled 1,118,078,711.09 CNY, a decrease of 7.8% compared to 1,213,990,007.63 CNY in the previous period[44] - The cash flow from investing activities was -21,641,183.97 CNY, showing a smaller loss compared to -27,539,856.83 CNY in the last period[44] - Cash inflow from financing activities was 554,100,000.00 CNY, down 22.5% from 715,456,114.75 CNY in the previous period[44] - The net cash flow from financing activities was -159,930,561.92 CNY, contrasting with a positive cash flow of 33,612.90 CNY in the prior period[44] - The ending cash and cash equivalents balance was 361,108,726.43 CNY, significantly lower than 1,017,863,970.06 CNY at the end of the previous period, representing a decrease of 64.5%[44] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,782,479,218.56, down 3.36% from CNY 5,983,408,511.88 at the end of the previous year[5] - The company's total assets decreased to CNY 5,782,479,218.56 from CNY 5,983,408,511.88 year-over-year[37] - Total liabilities decreased to CNY 4,259,226,659.99 from CNY 4,431,216,615.60, indicating improved financial stability[37] - The company's total equity attributable to shareholders decreased by 3.23% to CNY 1,432,988,696.33 from CNY 1,480,744,605.77 at the end of the previous year[5] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 47,214[27] - The company has a total of 260,187,972 shares held by Guangzhou Jinnong Industrial Investment Partnership, accounting for a significant portion of the shareholding structure[30] Operational Metrics - Total operating costs for Q1 2024 were CNY 1,088,048,105.17, down 6.6% from CNY 1,165,193,523.25 in the same period last year[39] - Research and development expenses increased to CNY 13,207,925.43, up from CNY 11,947,369.01 in the previous year, reflecting a focus on innovation[40] - The company reported a significant increase in prepayments from CNY 14,141,867.77 to CNY 46,033,544.61, an increase of about 225.5%[35] Cash and Inventory - Cash and cash equivalents dropped from CNY 754,378,131.74 to CNY 427,951,911.49, representing a decrease of about 43.3%[34] - Total current assets decreased from CNY 1,673,873,180.96 to CNY 1,413,932,695.12, a decline of approximately 15.5%[34] - Accounts receivable increased significantly from CNY 80,742,638.46 to CNY 179,931,069.37, an increase of approximately 122.3%[35] - Inventory decreased slightly from CNY 684,394,241.17 to CNY 644,845,118.10, a reduction of about 5.8%[35] Future Outlook - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[40]