贵州茅台(600519) - 2024 Q3 - 季度财报

Financial Performance - Revenue for the third quarter reached RMB 38.845 billion, a year-on-year increase of 15.29%[2] - Net profit attributable to shareholders of the listed company was RMB 19.132 billion, up 13.23% compared to the same period last year[2] - Total operating revenue for the first three quarters of 2024 reached 123.12 billion RMB, a 16.9% increase compared to 105.32 billion RMB in the same period of 2023[14] - Net profit attributable to the parent company's shareholders for the first three quarters of 2024 was 60.83 billion RMB, up 15.0% from 52.88 billion RMB in the same period of 2023[15] - Total comprehensive income for the first three quarters of 2024 was 63.03 billion RMB, a 15.0% increase compared to 54.83 billion RMB in the same period of 2023[15] - Sales revenue from goods and services for the first three quarters of 2024 reached RMB 129.69 billion, an increase of 16.6% compared to RMB 111.25 billion in the same period of 2023[17] - Basic earnings per share for the first three quarters of 2024 were RMB 48.42, up 15.0% from RMB 42.09 in the same period of 2023[17] - Total comprehensive income attributable to minority shareholders for the first three quarters of 2024 was RMB 2.20 billion, an increase of 13.0% compared to RMB 1.95 billion in the same period of 2023[17] Assets and Liabilities - Total assets as of the end of the reporting period amounted to RMB 286.771 billion, an increase of 5.16% from the end of the previous year[3] - Total assets increased to 286.77 billion RMB as of September 30, 2024, compared to 272.70 billion RMB at the end of 2023[10][11] - Current assets rose to 238.42 billion RMB from 225.17 billion RMB at the end of 2023, driven by increases in monetary funds and inventory[10] - Inventory grew to 48.22 billion RMB, up from 46.44 billion RMB at the end of 2023[10] - Non-current assets increased to 48.35 billion RMB from 47.53 billion RMB at the end of 2023, with growth in fixed assets and construction in progress[11] - Fixed assets rose to 20.24 billion RMB, up from 19.91 billion RMB at the end of 2023[11] - Construction in progress increased to 2.88 billion RMB from 2.14 billion RMB at the end of 2023[11] - Total liabilities as of the end of Q3 2024 stood at 39.08 billion RMB, a decrease from 49.04 billion RMB at the end of Q3 2023[12] - Total owner's equity reached 247.69 billion RMB at the end of Q3 2024, up from 223.66 billion RMB at the end of Q3 2023[12] - Contract liabilities decreased to 9.93 billion RMB from 14.13 billion RMB at the end of 2023[11] - Accounts payable decreased to 2.65 billion RMB from 3.09 billion RMB at the end of 2023[11] - Employee benefits payable dropped significantly to 446.95 million RMB from 5.40 billion RMB at the end of 2023[11] - Taxes payable decreased to 6.34 billion RMB from 6.95 billion RMB at the end of 2023[11] Cash Flow and Operating Activities - Operating cash flow for the first three quarters was RMB 44.421 billion, a decrease of 11.16% year-on-year[3] - Net cash flow from operating activities for the first three quarters of 2024 was RMB 44.42 billion, a decrease of 11.2% compared to RMB 50.00 billion in the same period of 2023[17] - Total cash inflows from operating activities for the first three quarters of 2024 were RMB 134.64 billion, up 19.6% from RMB 112.51 billion in the same period of 2023[17] - Total cash outflows from operating activities for the first three quarters of 2024 were RMB 90.22 billion, an increase of 44.3% compared to RMB 62.51 billion in the same period of 2023[17] - Net cash flow from investing activities for the first three quarters of 2024 was negative RMB 605.41 million, an improvement from negative RMB 8.32 billion in the same period of 2023[18] - Cash and cash equivalents at the end of the third quarter of 2024 stood at RMB 155.19 billion, a decrease of 2.6% compared to RMB 159.34 billion at the end of the third quarter of 2023[18] - Cash dividends and profit distributions paid in the first three quarters of 2024 amounted to RMB 38.94 billion, up 12.4% from RMB 34.66 billion in the same period of 2023[18] - Cash received from interest and commissions for the first three quarters of 2024 was RMB 2.18 billion, a decrease of 6.5% compared to RMB 2.33 billion in the same period of 2023[17] Equity and Shareholder Information - Equity attributable to shareholders of the listed company increased by 10.22% to RMB 237.709 billion[3] - Basic earnings per share for the quarter were RMB 15.23, up 13.23% year-on-year[3] - Weighted average return on equity increased by 0.32 percentage points to 8.39%[3] Dealer and Market Information - Domestic dealer count increased by 43 to 2,122, with all new dealers being series liquor dealers[6] - International dealer count remained unchanged at 106[6] Expenses and Income - R&D expenses for the first three quarters of 2024 were 140.40 million RMB, a 38.8% increase compared to 101.13 million RMB in the same period of 2023[14] - Sales expenses for the first three quarters of 2024 were 4.24 billion RMB, a 38.3% increase compared to 3.06 billion RMB in the same period of 2023[14] - Interest income for the first three quarters of 2024 was 2.35 billion RMB, a 14.6% increase compared to 2.05 billion RMB in the same period of 2023[14] - Other comprehensive income for the first three quarters of 2024 was -305,452.86 RMB, compared to 1,707,739.52 RMB in the same period of 2023[15] Main Business Income - Main business income from Maotai liquor reached RMB 101.126 billion, accounting for the majority of total revenue[5]