浙农股份(002758) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was CNY 9,376,174,613.78, a decrease of 1.70% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was CNY 55,127,737.69, down 11.29% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 41,588,571.27, a decline of 20.41% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was CNY 0.11, down 8.33% from the same period last year[2]. - The net profit for the third quarter of 2024 was approximately ¥287.57 million, a decrease of 38.2% compared to ¥465.93 million in the same period last year[15]. - The total profit for the quarter was ¥393.93 million, down 35.5% from ¥610.21 million year-over-year[15]. - Operating profit decreased to ¥392.17 million, a decline of 35.5% from ¥608.90 million in the previous year[15]. - The company reported a total comprehensive income of ¥229.16 million, a decrease of 46.0% from ¥424.54 million in the same period last year[16]. - Earnings per share (EPS) for the quarter was ¥0.31, down from ¥0.47 in the same quarter last year, reflecting a decrease of 34%[16]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was CNY 188,519,034.95, a significant decrease of 78.63% year-on-year[2]. - Cash and cash equivalents at the end of the period amount to 3,946,623,857.12 RMB, down from 5,539,837,249.53 RMB at the beginning of the period[11]. - The company's cash flow from operating activities generated a net amount of ¥188.52 million, significantly lower than ¥882.13 million in the same quarter last year, representing a decrease of 78.7%[17]. - The ending balance of cash and cash equivalents was ¥3.41 billion, down from ¥3.68 billion year-over-year[18]. - The company reported a net increase in cash and cash equivalents of -¥2.14 million, contrasting with a positive increase of ¥2.42 million in the previous year[18]. Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 18,164,815,909.67, a decrease of 10.58% compared to the end of the previous year[4]. - The equity attributable to shareholders at the end of Q3 2024 was CNY 4,509,319,583.36, down 1.03% from the previous year-end[4]. - Total liabilities decreased to ¥11,140,785,536.74 from ¥12,993,642,824.95, indicating a reduction of approximately 14.25%[13]. - The equity attributable to shareholders of the parent company was ¥4,509,319,583.36, down from ¥4,556,281,669.87[13]. - The company reported a decrease in short-term borrowings to ¥1,780,190,468.27 from ¥2,436,063,951.86, a reduction of about 26.93%[13]. Market and Competition - The company reported a decrease in major product prices, including fertilizers and pesticides, due to falling commodity prices and increased market competition[6]. - The company is actively managing purchasing and sales rhythms and expanding upstream and downstream resource channels to adapt to market changes[6]. - The agricultural comprehensive service business saw an increase in sales volume and market share during the reporting period[7]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 30,202[8]. - The largest shareholder, Zhejiang Nong Holding Group Co., Ltd., holds 19.50% of shares, totaling 101,714,094 shares[8]. - The company has repurchased 2,539,000 shares, accounting for 0.49% of total share capital, with a total transaction amount of 20,120,400 RMB[10]. - The company plans to repurchase shares with a total amount not less than 100 million RMB and not exceeding 200 million RMB[10]. Investment Activities - Investment cash inflow totaled ¥756.36 million, up from ¥680.44 million year-over-year[18]. - Investment cash outflow amounted to ¥1.21 billion, compared to ¥1.13 billion in the previous year[18]. - Net cash flow from investment activities was -¥456.05 million, slightly worse than -¥452.10 million year-over-year[18]. - Financing cash inflow reached ¥3.77 billion, an increase from ¥3.53 billion year-over-year[18]. - Cash outflow for debt repayment was ¥3.29 billion, up from ¥2.76 billion in the previous year[18]. - Net cash flow from financing activities was -¥663.64 million, compared to -¥576.04 million year-over-year[18]. Accounting and Reporting - The company has not undergone an audit for the third quarter report[18]. - The company will implement new accounting standards starting in 2024[18].