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迎驾贡酒(603198) - 2015 Q3 - 季度财报
2015-10-29 16:00
Financial Performance - Operating revenue for the first nine months decreased by 0.96% to CNY 2,144,709,810.50 compared to the same period last year[7] - Net profit attributable to shareholders increased by 13.05% to CNY 390,270,159.08 compared to the same period last year[7] - Basic earnings per share rose by 8.33% to CNY 0.52 compared to the same period last year[7] - The weighted average return on equity decreased by 16.60% to 12.56% compared to the same period last year[7] - Total operating revenue for Q3 2015 was ¥614,257,549.30, a decrease of 5.7% compared to ¥650,626,644.90 in Q3 2014[30] - Net profit for Q3 2015 reached ¥109,646,162.39, an increase of 25.9% compared to ¥87,095,410.54 in Q3 2014[32] - Operating profit for Q3 2015 was CNY 6.85 million, a decline of 52.3% compared to CNY 14.38 million in Q3 2014[36] - Net profit for Q3 2015 was CNY 7.18 million, down 31.5% from CNY 10.53 million in Q3 2014[37] - Total comprehensive income for Q3 2015 was CNY 7.18 million, a decrease of 31.5% from CNY 10.53 million in Q3 2014[37] Assets and Liabilities - Total assets increased by 21.46% to CNY 4,718,906,872.61 compared to the end of the previous year[7] - The company's current assets totaled CNY 3,085,872,288.26, up from CNY 2,373,709,967.11 at the start of the year, indicating a growth of approximately 29.9%[22] - The total liabilities decreased to CNY 1,209,613,876.81 from CNY 1,329,167,466.80, showing a reduction of approximately 9%[24] - Total assets as of Q3 2015 amounted to ¥4,729,148,633.55, up from ¥3,649,309,480.08 in the same period last year, reflecting a growth of 29.6%[28] - Total liabilities for Q3 2015 were ¥2,121,069,210.77, an increase of 28.2% from ¥1,654,294,394.97 in Q3 2014[28] Shareholder Information - Net assets attributable to shareholders increased by 37.29% to CNY 3,509,292,995.80 compared to the end of the previous year[7] - The total number of shareholders reached 33,862 at the end of the reporting period[9] - Anhui Yingjia Group Co., Ltd. held 79.04% of the shares, with 34,800,000 shares pledged[9] - The company's equity attributable to shareholders rose to CNY 3,509,292,995.80 from CNY 2,556,090,500.78, marking an increase of around 37.2%[24] Cash Flow - Cash received from operating activities increased by 218.47%, from CNY 27,982,346.64 to CNY 89,114,966.58, mainly due to increased customer deposits[15] - Cash paid for operating activities increased by 45.48%, from CNY 203,988,061.45 to CNY 296,758,173.44, primarily due to increased advertising expenses[15] - Cash flow from operating activities for the first nine months of 2015 was CNY 2.17 billion, slightly down from CNY 2.19 billion in the same period of 2014[39] - The net cash flow from operating activities for Q3 2015 was ¥215,471,965.50, an increase from ¥202,278,105.69 in Q3 2014, reflecting a growth of approximately 6.0%[40] - Total cash inflow from operating activities for the first nine months of 2015 was ¥2,376,944,833.99, compared to ¥1,281,734,821.11 in the same period last year, indicating a significant increase of approximately 85.8%[42] Inventory and Receivables - Accounts receivable decreased by 94.20%, from CNY 242,672,818.91 to CNY 14,078,631.76, primarily due to the maturity of bank acceptance bills[13] - Prepayments increased by 314.04%, from CNY 20,736,063.48 to CNY 85,854,743.04, mainly for purchasing properties for marketing network construction[13] - Inventory increased by 30.57%, from CNY 1,181,480,815.33 to CNY 1,542,715,248.90, due to increased stock for quality wine aging projects[13] - Accounts receivable decreased to CNY 69,032,959.71 from CNY 72,099,022.39, a decline of about 4.3%[22] - The company reported a significant increase in prepayments, which rose to CNY 85,854,743.04 from CNY 20,736,063.48, reflecting a growth of approximately 314.5%[22] Financial Expenses and Income - Non-operating income and expenses for the first nine months resulted in a net loss of CNY 7,798,217.65[8] - Financial expenses decreased due to increased interest income[12] - The company’s financial expenses showed a significant improvement, with a net financial income of -¥6,967,944.58 in Q3 2015, compared to -¥3,774,596.05 in Q3 2014[31] - Financial expenses showed a net income of CNY 6.10 million in Q3 2015, compared to a net expense of CNY 2.83 million in Q3 2014[35] Future Outlook - The company plans to continue expanding its market presence and investing in new product development to drive future growth[30] - The company did not anticipate significant changes in net profit compared to the same period last year, indicating stability in financial performance[20]
迎驾贡酒(603198) - 2015 Q2 - 季度财报
2015-08-18 16:00
Financial Performance - The company's operating revenue for the first half of 2015 was approximately RMB 1.53 billion, representing a 1.03% increase compared to the same period last year[18]. - The net profit attributable to shareholders of the listed company reached approximately RMB 280.62 million, an increase of 8.72% year-on-year[18]. - The basic earnings per share for the reporting period was RMB 0.38, up 5.56% from RMB 0.36 in the same period last year[18]. - The company reported a net profit of RMB 293.52 million after deducting non-recurring gains and losses, which is a 16.76% increase year-on-year[18]. - Operating profit reached ¥395,952,939.90, reflecting a growth of 16.32% compared to the previous year[23]. - The company plans to achieve a total operating revenue of ¥3,000,000,000 for the year, with the current revenue accounting for 51.02% of this target[28]. - The company's net profit for the first half of 2015 was CNY 280,623,996.69, an increase of 8.8% compared to CNY 258,114,801.14 in the same period last year[84]. Cash Flow and Liquidity - The net cash flow from operating activities was RMB 35.13 million, a significant improvement from a negative RMB 7.74 million in the previous year[18]. - Cash and cash equivalents amounted to RMB 1,671,613,039.01, up from RMB 833,234,453.01 at the start of the period, indicating a significant increase in liquidity[75]. - The company raised CNY 902,680,000.00 through financing activities, significantly improving its cash position[90]. - The total cash inflow from operating activities was 1,389,661,056.98 RMB, compared to 819,074,406.59 RMB in the prior period, indicating a 69.5% increase[92]. - The total cash and cash equivalents at the end of the period reached 1,592,941,500.88 RMB, significantly up from 412,210,454.37 RMB at the end of the previous period[94]. Assets and Liabilities - The total assets of the company at the end of the reporting period were approximately RMB 4.72 billion, reflecting a 21.48% increase from the end of the previous year[18]. - The total liabilities decreased to RMB 1,000,131,281.03 from RMB 1,329,167,466.80, reflecting a reduction of approximately 24.8%[76]. - The company's accounts payable increased to RMB 351,379,902.05 from RMB 321,841,299.99, representing a rise of approximately 9.2%[76]. - The total assets of Anhui Yingjia Gongjiu Co., Ltd. reached RMB 4,719,849,556.08 as of June 30, 2015, an increase from RMB 3,885,257,967.58 at the beginning of the period[75]. Investments and Subsidiaries - The total amount of raised funds in 2015 was CNY 883 million, with CNY 146.11 million utilized in the reporting period and CNY 633.26 million cumulatively used[39]. - The total assets of the subsidiary Anhui Yingjia Wine Co., Ltd. amounted to CNY 1.61 billion, with a net profit of CNY 230.64 million[42]. - The subsidiary Anhui Yicai Glassware Co., Ltd. reported total assets of CNY 281.24 million and a net profit of CNY 12.95 million[42]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 47,285[64]. - The top shareholder, Anhui Yingjia Group Co., Ltd., holds 632,016,000 shares, accounting for 79.00% of the total shares[66]. - The company has made commitments regarding share transfer restrictions, including a 36-month lock-up period for major shareholders after the IPO[53]. Corporate Governance - The company maintains a governance structure compliant with relevant laws and regulations, ensuring accurate and timely information disclosure[59]. - The company has established a clear division of responsibilities among the shareholders' meeting, board of directors, supervisory board, and management[59]. - There were no significant changes in accounting policies or estimates during the reporting period[58]. Market Strategy - The company plans to strengthen its marketing network and expand its market presence in regions such as North China, South China, and Central China[28]. - The company is leveraging the national strategy for the revitalization of the Dabie Mountain revolutionary old area to enhance its brand image as "the welcoming wine of the nation"[35]. Financial Reporting and Compliance - The financial statements are prepared based on the assumption of going concern, with no identified issues affecting the company's ability to continue operations[113]. - The company adheres to the Chinese Accounting Standards, ensuring that financial reports accurately reflect its financial position and operating results[113]. - The company has not disclosed any new strategies or significant events beyond those mentioned in the report[58].