张裕A(000869) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was CNY 674,991,354, representing a decrease of 19.11% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 2,776,750, down 95.44% year-on-year[2] - Total operating revenue for the period was CNY 2,197,300,790, a decrease of 21.5% compared to CNY 2,801,225,058 in the previous period[10] - Net profit for the period was CNY 224,267,361, representing a decline of 45.2% from CNY 409,885,970 in the same period last year[10] - Basic and diluted earnings per share were both CNY 0.32, down from CNY 0.62 in the previous year[11] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 182,274,024, a decline of 75.06% compared to the previous year[2] - Cash flow from operating activities generated a net amount of CNY 182,274,024, a significant decrease of 75.1% compared to CNY 730,970,835 in the prior period[12] - Cash inflow from investment activities was CNY 439,744,254, compared to CNY 15,936,034 in the previous period[12] - Cash outflow for investment activities totaled CNY 353,171,614, an increase from CNY 318,006,051 in the prior period[12] - Cash inflow from financing activities was CNY 480,462,031, slightly down from CNY 491,509,176 in the previous year[12] - Net cash flow from financing activities was -CNY 693,595,808, compared to -CNY 428,560,943 in the same period last year[13] - The net increase in cash and cash equivalents was -CNY 425,963,518, contrasting with an increase of CNY 728,038 in the previous year[13] - The ending balance of cash and cash equivalents was CNY 1,537,192,234, down from CNY 1,613,481,638 at the end of the previous year[13] - The company reported a total cash outflow from financing activities of CNY 1,174,057,839, compared to CNY 920,070,119 in the prior year[13] - The impact of exchange rate changes on cash and cash equivalents was -CNY 1,214,374, compared to a positive impact of CNY 388,163 in the previous year[13] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,339,927,629, reflecting a decrease of 7.47% from the end of the previous year[2] - Total assets decreased from CNY 13,336,267,204 at the beginning of the period to CNY 12,339,927,629 by the end of the period, a decline of approximately 7.5%[8] - Current assets decreased from CNY 5,996,155,347 to CNY 5,237,467,730, representing a reduction of about 12.7%[8] - Total liabilities decreased from CNY 2,345,741,409 to CNY 1,617,664,898, a decline of about 30.9%[9] - Short-term borrowings decreased from CNY 364,981,445 to CNY 245,053,807, a reduction of approximately 32.8%[9] - Accounts payable slightly decreased from CNY 473,352,525 to CNY 471,128,905, a decrease of about 0.5%[9] Shareholder Equity - The company's total equity attributable to shareholders decreased by 2.45% to CNY 10,576,096,251 compared to the end of the previous year[2] - The company's equity attributable to shareholders decreased from CNY 10,841,500,988 to CNY 10,576,096,251, a decline of approximately 2.4%[9] - The weighted average return on equity was 0.03%, down 0.54% year-on-year[2] - The company received government subsidies amounting to CNY 7,965,706 during the reporting period[3] - The top shareholder, Yantai Zhangyu Group Co., Ltd., holds 49.91% of the shares, totaling 345,473,856 shares[6] Inventory and Expenses - The company reported a significant decrease in accounts receivable by 62.80%, primarily due to timely collections[5] - The company experienced a 40.85% decline in accounts receivable financing, attributed to a decrease in received notes[5] - Inventory increased from CNY 2,765,390,587 to CNY 3,020,727,873, an increase of approximately 9.2%[8] - The company's retained earnings decreased from CNY 9,273,629,318 to CNY 9,151,673,206, a decline of approximately 1.3%[9] - Total operating costs amounted to CNY 1,924,329,373, down 15.2% from CNY 2,270,760,733 in the prior period[10] - The company reported a decrease in sales expenses to CNY 640,763,707, down 6.6% from CNY 685,766,062[10] - Research and development expenses increased slightly to CNY 10,555,502, compared to CNY 10,350,928 in the previous period[10] Other Financial Activities - Cash used for debt repayment amounted to CNY 600,833,608, an increase from CNY 547,263,356 in the previous year[13] - Cash distributed as dividends, profits, or interest payments totaled CNY 363,243,859, up from CNY 325,817,888 year-over-year[13] - The cash paid for other financing activities increased significantly to CNY 209,980,372 from CNY 46,988,875 year-over-year[13] - The company has not undergone an audit for the third quarter report[13] - The report indicates the implementation of new accounting standards starting in 2024, but it is marked as not applicable for the current year[13]