hailir(603639)2024-10-28 10:27Financial Performance - The company's operating revenue for Q3 2024 was ¥807,666,134.16, a decrease of 22.65% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥33,750,708.74, down 69.71% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥16,186,142.43, a decline of 83.45% compared to the same period last year[2]. - Basic earnings per share for Q3 2024 were ¥0.10, representing a decrease of 70.68% year-on-year[3]. - The weighted average return on equity for Q3 2024 was 0.99%, a decrease of 2.55 percentage points compared to the previous year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 3,213,879,407.17, a decrease of 13.3% compared to CNY 3,707,271,408.11 in the same period of 2023[14]. - Net profit for the third quarter of 2024 was CNY 195,873,110.79, a decline of 55.7% compared to CNY 442,221,155.56 in the same quarter of 2023[16]. - The total comprehensive income attributable to the parent company for the first three quarters of 2024 is CNY 195,831,476.49, a decrease from CNY 442,183,847.63 in the same period of 2023, representing a decline of approximately 55.7%[17]. - Basic and diluted earnings per share for the first three quarters of 2024 are CNY 0.58, down from CNY 1.30 in the same period of 2023, indicating a decrease of about 55.4%[17]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥6,507,526,292.40, an increase of 0.91% from the end of the previous year[3]. - The total assets of the company as of the end of the third quarter of 2024 were CNY 6,507,526,292.40, slightly up from CNY 6,448,631,718.85 at the end of the previous year[13]. - Total liabilities decreased to CNY 3,066,214,870.60 from CNY 3,066,491,911.12 year-over-year[13]. - The company's total equity as of the end of the third quarter of 2024 was CNY 3,441,311,421.80, up from CNY 3,382,139,807.73 in the previous year[13]. - The company reported a significant increase in expected liabilities, rising to CNY 244,987,226.45 from CNY 40,970,555.31, indicating potential future financial obligations[12]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥60,074,495.09, down 89.63% year-on-year[6]. - Cash inflows from operating activities for the first three quarters of 2024 total CNY 2,337,499,929.23, compared to CNY 2,823,234,520.03 in the same period of 2023, reflecting a decline of approximately 17.2%[19]. - Net cash generated from operating activities for the first three quarters of 2024 is CNY 60,074,495.09, significantly lower than CNY 579,122,250.94 in the same period of 2023, a decrease of about 89.6%[19]. - Net cash outflow from investing activities for the first three quarters of 2024 is CNY -472,546,429.52, compared to CNY -544,011,574.81 in the same period of 2023, indicating a slight improvement[20]. - Net cash generated from financing activities for the first three quarters of 2024 is CNY 526,477,899.42, a turnaround from a net outflow of CNY -94,288,754.00 in the same period of 2023[20]. - The cash and cash equivalents at the end of the first three quarters of 2024 amount to CNY 286,238,262.92, compared to CNY 280,678,286.82 at the end of the same period in 2023, showing a slight increase[20]. - The company received CNY 733,052,000.00 from the recovery of investments in the first three quarters of 2024, a decrease from CNY 2,215,205,197.53 in the same period of 2023, representing a decline of approximately 66.9%[19]. - Cash received from other operating activities in the first three quarters of 2024 is CNY 57,561,360.35, compared to CNY 28,870,145.54 in the same period of 2023, indicating an increase of about 99.2%[19]. - The company reported cash outflows for purchasing goods and services amounting to CNY 1,779,680,576.37 in the first three quarters of 2024, slightly higher than CNY 1,776,712,874.77 in the same period of 2023[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,783[8]. - The largest shareholder, Zhang Aiying, holds 127,253,000 shares, accounting for 37.43% of the total shares[8]. - The company has no significant changes in the top 10 shareholders' participation in margin trading and securities lending[9]. - The company maintains a stable shareholder structure with no changes in major shareholders' participation in securities lending activities[9]. Non-Recurring Gains and Expenses - Non-recurring gains for Q3 2024 included government subsidies amounting to ¥1,999,927.00[4]. - The company reported a total of ¥17,564,566.31 in non-recurring gains for the year-to-date[5]. - Research and development expenses for the first three quarters of 2024 amounted to CNY 162,611,784.52, compared to CNY 192,801,822.21 in the same period of 2023, reflecting a decrease of 15.6%[16]. Market Conditions - The company experienced a significant decline in net profit due to market downturns and price reductions in certain pesticide products[6]. - The company has not reported any significant new strategies or product developments in the current quarter[10].