华英农业(002321) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 reached CNY 1,165,186,404, representing a year-on-year increase of 10.85% compared to CNY 1,051,162,492 in the same period last year[5]. - Net profit attributable to shareholders was CNY 2,559,586.14, a significant increase of 100.73% from a loss of CNY 350,147,783 in the previous year[5]. - Total operating revenue for the third quarter reached CNY 2,656,839,621, an increase of 18.9% compared to CNY 2,233,415,882 in the same period last year[23]. - Net profit for the quarter was CNY 71,433,295, a significant recovery from a net loss of CNY 180,022,518 in the previous year[24]. - The total comprehensive income for the parent company in Q3 2023 was 16,010,377.97 CNY, a significant improvement from -257,657,459.73 CNY in the previous year[27]. - The company’s total comprehensive income for Q3 2023 was 71,433,295.89 CNY, compared to -218,663,022.53 CNY in the same period last year[30]. - The basic and diluted earnings per share for Q3 2023 were both 0.0075 CNY, compared to -0.1027 CNY in the same period last year[30]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 75.35% to CNY 221,076,491.73, compared to CNY 896,710,518.45 in the same period last year[11]. - Cash flow from operating activities showed a net outflow of -221,076,491.73 CNY, an improvement from -896,710,518.45 CNY in the same period last year[27]. - The company reported cash inflow from operating activities of 2,900,442,973.77 CNY, up from 2,622,229,899.99 CNY year-on-year[27]. - The company’s cash and cash equivalents decreased by 30.49% to CNY 10,422,060, primarily due to payments for raw material purchases[11]. - The total cash and cash equivalents at the end of Q3 2023 were 109,802,054.28 CNY, down from 189,125,455.47 CNY at the end of the previous year[28]. - The net cash flow from financing activities was 164,464,429.34 CNY, a decrease from 740,239,568.00 CNY in the same period last year[28]. - The company reported a net cash outflow from investment activities of -50,793,826.00 CNY, a decrease from 169,180,964.46 CNY in the previous year[28]. Assets and Liabilities - The total assets of the company increased by 15.72% to CNY 4,093,015,589.31 from CNY 3,528,796,417.93 at the end of the previous year[7]. - Total liabilities increased to CNY 2,677,994,949, compared to CNY 2,172,518,875, reflecting a rise of 23.3%[21]. - The company reported a significant increase in accounts payable, which rose to CNY 539,540,069 from CNY 305,590,081, representing a growth of 76.5%[21]. - The deferred income tax assets increased to CNY 24,168,100 from CNY 22,826,227, reflecting a growth of 5.9%[21]. Shareholder Information - The company reported a total of 37,735 common shareholders as of the end of the reporting period[14]. - The top shareholder, Xinyang Dingxin Industrial Investment Partnership, holds 24.00% of shares, totaling 511,893,617 shares[15]. - The second-largest shareholder, Henan Guangzhou Chenyue Industrial Co., Ltd., owns 16.01% of shares, amounting to 341,519,859 shares[15]. - The company has a total of 10 major shareholders, with the smallest among them holding 1.51% of shares, equivalent to 32,301,624 shares[15]. - The total amount of pledged shares by major shareholders includes 38,058,310 shares from Henan Agricultural Financing Leasing Co., Ltd.[15]. - The company does not have any preferred shareholders as of the reporting date[16]. Research and Development - The company's R&D expenses rose by 283.22% to CNY 1,048,820, primarily due to increased investment in new product trials[11]. - Research and development expenses increased to CNY 14,191,304, compared to CNY 3,703,128 in the same period last year, marking a growth of 282.5%[24]. Accounts Receivable and Inventory - The company reported a 55.99% increase in accounts receivable, amounting to CNY 29,266,140, attributed to higher revenue[11]. - Accounts receivable increased to RMB 815,318,450.04 from RMB 522,657,049.69, reflecting a growth of about 56.0%[18]. - Inventory rose to RMB 796,556,226.62, up from RMB 612,433,831.64, indicating an increase of approximately 30.1%[18]. Operating Costs - Total operating costs amounted to CNY 2,571,311,386, up from CNY 2,254,849,686, reflecting a year-on-year increase of 14.0%[23]. - The company's financial expenses totaled CNY 52,207,959, compared to CNY 38,495,204 in the previous year, an increase of 35.5%[24].