好太太(603848) - 2024 Q3 - 季度财报

Report Overview Important Notice The Q3 2024 report is guaranteed by the board and management for accuracy and completeness; financial statements are unaudited - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report and assume legal responsibility[2] - The third-quarter financial statements are unaudited[2] Key Financial Data Key Accounting Data and Financial Indicators Operating revenue and net profit attributable to shareholders declined, with net profit down 46.76%; total assets and owners' equity grew slightly Key Accounting Data and Financial Indicators for the Current Period | Item | Current Period (Yuan) | Year-on-Year Change (%) | | :--- | :--- | :--- | | Operating Revenue | 356,404,581.95 | -10.29 | | Net Profit Attributable to Shareholders of Listed Company | 46,885,546.08 | -46.76 | | Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Gains and Losses | 46,897,803.02 | -41.54 | | Basic Earnings Per Share (Yuan/share) | 0.11 | -50.00 | | Diluted Earnings Per Share (Yuan/share) | 0.11 | -50.00 | | Weighted Average Return on Net Assets (%) | 1.93 | Decreased by 2.09 percentage points | Key Accounting Data and Financial Indicators from Year-Beginning to End of Reporting Period | Item | Year-Beginning to End of Reporting Period (Yuan) | Year-on-Year Change (%) | | :--- | :--- | :--- | | Operating Revenue | 1,068,910,245.37 | -4.22 | | Net Profit Attributable to Shareholders of Listed Company | 190,433,116.88 | -20.10 | | Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Gains and Losses | 189,592,711.57 | -17.14 | | Net Cash Flow from Operating Activities | 91,386,572.60 | -71.89 | | Basic Earnings Per Share (Yuan/share) | 0.47 | -20.34 | | Diluted Earnings Per Share (Yuan/share) | 0.47 | -20.34 | | Weighted Average Return on Net Assets (%) | 8.10 | -3.05 | Balance Sheet Status at End of Reporting Period | Item | End of Current Period (Yuan) | End of Prior Year (Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 3,199,913,433.61 | 3,159,409,165.98 | 1.28 | | Owners' Equity Attributable to Shareholders of Listed Company | 2,377,274,600.95 | 2,296,282,493.96 | 3.53 | Non-Recurring Gains and Losses Items and Amounts Non-recurring gains and losses totaled -12,256.94 Yuan for the current period and 840,405.31 Yuan year-to-date, primarily from asset disposal and government subsidies Non-Recurring Gains and Losses Items and Amounts | Non-Recurring Gains and Losses Item | Current Period Amount (Yuan) | Year-Beginning to End of Reporting Period Amount (Yuan) | | :--- | :--- | :--- | | Gains and Losses from Disposal of Non-Current Assets | -30,160.74 | 269,996.18 | | Government Subsidies Included in Current Profit and Loss | 28,714.33 | 754,109.68 | | Other Non-Operating Income and Expenses Apart from the Above | 7,567.45 | -19,756.44 | | Less: Income Tax Impact | 18,377.97 | 163,872.38 | | Minority Shareholder Equity Impact (After Tax) | | 71.73 | | Total | -12,256.94 | 840,405.31 | Changes and Reasons for Key Accounting Data and Financial Indicators Net profit attributable to shareholders and non-recurring net profit declined significantly due to reduced revenue; operating cash flow decreased substantially Changes and Reasons for Key Financial Indicators | Item Name | Change (%) | Primary Reason | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company_Current Period | -46.76 | Mainly due to reduced revenue in the reporting period | | Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Gains and Losses_Current Period | -41.54 | Mainly due to reduced revenue in the reporting period | | Basic Earnings Per Share_Current Period | -50.00 | Mainly due to reduced operating profit in the reporting period | | Diluted Earnings Per Share_Current Period | -50.00 | Mainly due to reduced operating profit in the reporting period | | Net Cash Flow from Operating Activities_Year-Beginning to End of Reporting Period | -71.89 | Mainly due to increased cash payments for other operating activities in the reporting period | Shareholder Information Total Common Shareholders and Top Ten Shareholders' Holdings The company had 9,697 common shareholders at period-end; co-controlling shareholders Shen Hanbiao and Wang Miaoyu hold over 82% combined - The total number of common shareholders at the end of the reporting period was 9,697[7] Top 10 Shareholders' Holdings | Shareholder Name | Shareholder Nature | Number of Shares Held (shares) | Holding Percentage (%) | | :--- | :--- | :--- | :--- | | Shen Hanbiao | Domestic Natural Person | 217,395,000 | 53.81 | | Wang Miaoyu | Domestic Natural Person | 116,165,000 | 28.75 | | Hou Pengde | Domestic Natural Person | 22,500,000 | 5.57 | | China Construction Bank Co., Ltd. - Zhong Ou Value Discovery Stock Fund | Other | 2,550,700 | 0.63 | | China Construction Bank Co., Ltd. - Zhong Ou Growth Preferred Return Flexible Allocation Mixed Initiated Fund | Other | 1,716,700 | 0.42 | | Hong Kong Securities Clearing Company Limited | Other | 1,586,954 | 0.39 | | Zeng Jialing | Domestic Natural Person | 1,567,300 | 0.39 | | Industrial and Commercial Bank of China Co., Ltd. - Zhong Ou Potential Value Flexible Allocation Mixed Fund | Other | 1,451,500 | 0.36 | | Bank of China - Huaxia Return Securities Investment Fund | Other | 1,379,700 | 0.34 | | Xiao Juan | Domestic Natural Person | 700,000 | 0.17 | - Shen Hanbiao and Wang Miaoyu are a married couple, serving as the company's co-controlling shareholders and acting in concert[10] Quarterly Financial Statements Type of Audit Opinion The quarterly financial statements for this period remain unaudited - The quarterly financial statements for this period are unaudited[11] Consolidated Balance Sheet As of September 30, 2024, total assets increased by 1.28%, with current assets down, non-current assets up, liabilities down, and owners' equity growing Key Consolidated Balance Sheet Data (As of September 30, 2024) | Item | September 30, 2024 (Yuan) | December 31, 2023 (Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 3,199,913,433.61 | 3,159,409,165.98 | 1.28 | | Total Current Assets | 645,601,604.15 | 651,944,878.47 | -0.97 | | Total Non-Current Assets | 2,554,311,829.46 | 2,507,464,287.51 | 1.87 | | Total Liabilities | 424,374,225.35 | 464,597,306.90 | -8.66 | | Total Owners' Equity | 2,775,539,208.26 | 2,694,811,859.08 | 3.08 | | Total Owners' Equity Attributable to Parent Company | 2,377,274,600.95 | 2,296,282,493.96 | 3.53 | - Cash and cash equivalents significantly decreased from 380,556,780.82 Yuan to 191,165,909.15 Yuan[11] - Intangible assets remain the largest component of the company's non-current assets, totaling 1,363,330,662.11 Yuan[13] Consolidated Income Statement For the first three quarters of 2024, total operating revenue decreased by 4.22%, net profit declined by 20.13%, and all major operating expenses increased Key Consolidated Income Statement Data (First Three Quarters of 2024) | Item | First Three Quarters of 2024 (Yuan) | First Three Quarters of 2023 (Yuan) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1,068,910,245.37 | 1,116,002,147.41 | -4.22 | | Total Operating Costs | 873,713,049.53 | 855,822,945.55 | 2.09 | | Operating Profit | 218,618,894.46 | 264,405,679.48 | -17.39 | | Total Profit | 218,599,138.02 | 274,436,194.45 | -20.39 | | Net Profit | 190,168,359.07 | 238,096,039.28 | -20.13 | | Net Profit Attributable to Parent Company Shareholders | 190,433,116.88 | 238,351,381.91 | -20.11 | | Basic Earnings Per Share (Yuan/share) | 0.47 | 0.59 | -20.34 | - Selling expenses increased by 25.17% to 262,063,642.57 Yuan, administrative expenses by 17.20% to 65,807,034.32 Yuan, and R&D expenses by 20.24% to 38,174,088.34 Yuan[16] - Credit impairment losses shifted from -12,437,479.98 Yuan in the prior year to 3,535,779.36 Yuan, and asset impairment losses narrowed from -10,209,475.98 Yuan to -7,726,305.16 Yuan[17] Consolidated Cash Flow Statement Operating cash flow significantly decreased by 71.89% in Q1-Q3 2024 due to increased cash payments for goods and operating activities; investment cash outflows expanded Key Consolidated Cash Flow Statement Data (First Three Quarters of 2024) | Item | First Three Quarters of 2024 (Yuan) | First Three Quarters of 2023 (Yuan) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 91,386,572.60 | 325,147,479.23 | -71.89 | | Net Cash Flow from Investing Activities | -216,484,164.39 | -124,634,421.18 | -73.70 | | Net Cash Flow from Financing Activities | -77,106,784.31 | -76,419,865.94 | -0.90 | | Net Increase in Cash and Cash Equivalents | -202,204,376.10 | 124,093,192.11 | -263.00 | | Cash and Cash Equivalents at End of Period | 177,966,071.93 | 240,505,044.64 | -26.01 | - Cash paid for goods and services increased by 10.53% to 573,706,155.47 Yuan, and cash paid for other operating activities increased by 42.29% to 302,497,105.46 Yuan[20] - Cash outflows from investing activities primarily included 81,386,520.17 Yuan for the acquisition of fixed assets, intangible assets, and other long-term assets, and 135,062,592.47 Yuan for investments[20] Other Matters Other Reminders The company has no other significant operating information requiring investor attention during this reporting period - The company has no other important operating information for the reporting period that requires investor attention[11] Implementation of New Accounting Standards The company did not implement new accounting standards from 2024 requiring adjustments to financial statements at the beginning of the first implementation year - The company did not first implement new accounting standards or interpretations from 2024 that required adjustments to the financial statements at the beginning of the first implementation year[22]