扬农化工(600486) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥2,316,997,538, representing a year-on-year increase of 4.98%[2] - The net profit attributable to shareholders for the same period was ¥262,720,947, an increase of 10.87% compared to the previous year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥248,863,469, up by 12.01% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.646, marking an increase of 11.68% year-on-year[2] - The diluted earnings per share also stood at ¥0.646, with the same year-on-year growth of 11.68%[2] - Total operating revenue for the first three quarters of 2024 was CNY 8,015,697,859.55, a decrease of 13.5% compared to CNY 9,273,686,653.08 in the same period of 2023[13] - Net profit for the first three quarters of 2024 was CNY 1,026,323,014.97, down 24.6% from CNY 1,361,553,318.47 in 2023[15] - Basic earnings per share for the first three quarters of 2024 were CNY 2.524, compared to CNY 3.368 in the same period of 2023, a decline of 25.1%[15] - The total profit for the first three quarters of 2024 was CNY 1,184,128,367.08, down 26.9% from CNY 1,619,692,461.39 in 2023[15] Assets and Liabilities - The total assets at the end of the reporting period reached ¥17,109,941,296, reflecting an increase of 8.96% from the end of the previous year[5] - The equity attributable to shareholders was ¥10,375,238,234, which is a 7.27% increase compared to the previous year[5] - The company's current assets decreased to RMB 7,521,304,447.89 from RMB 9,074,848,222.53, reflecting a decline of about 17.14%[11] - The accounts receivable increased significantly to RMB 2,575,731,469.19, up from RMB 1,894,564,262.29, marking an increase of approximately 36.00%[10] - Inventory levels decreased to RMB 1,174,670,178.44 from RMB 1,589,839,518.55, indicating a reduction of about 26.00%[11] - The total liabilities rose to RMB 6,728,393,696.80 from RMB 6,025,785,630.50, which is an increase of approximately 11.66%[12] - The company's equity attributable to shareholders increased to RMB 10,375,238,234.43 from RMB 9,671,738,141.26, reflecting a growth of about 7.29%[12] - The company's long-term assets increased significantly to RMB 9,588,636,848.32 from RMB 6,628,398,075.46, representing a growth of about 44.40%[11] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥3,103,545,535, down by 14.39% compared to the previous year[2] - Cash flow from operating activities for the first three quarters of 2024 was CNY 3,103,545,535.39, down from CNY 3,625,082,763.34 in 2023, a decrease of 14.4%[16] - The company reported a net cash inflow from investment activities of CNY 1,952,297,567.63, compared to CNY 7,035,718.54 in 2023[16] - Net cash flow from investment activities was -CNY 1,688,391,255.78, an improvement compared to -CNY 3,409,873,587.47 in the same period last year[17] - Cash inflow from financing activities amounted to CNY 1,260,528,313.00, significantly higher than CNY 690,890,970.00 in the previous year, representing an increase of about 82.5%[17] - Cash outflow from financing activities was CNY 1,723,228,868.93, compared to CNY 972,645,726.43 in the previous year, indicating a year-over-year increase of approximately 77.0%[17] - The net increase in cash and cash equivalents was CNY 949,338,977.12, a recovery from a decrease of -CNY 47,654,146.26 in the same quarter last year[17] - The ending balance of cash and cash equivalents reached CNY 1,477,837,497.99, down from CNY 2,113,898,618.58 in the previous year[17] Expenses and Investments - Total operating costs decreased to CNY 6,882,904,567.55 from CNY 7,745,129,574.32, reflecting a reduction of 11.1%[13] - Research and development expenses for the first three quarters of 2024 were CNY 249,458,370.83, down 17.2% from CNY 301,369,285.62 in 2023[13] - Other income increased to CNY 45,762,517.57 from CNY 16,413,313.26, showing a significant growth of 179.5%[13] - Investment income turned positive at CNY 148,686.90 compared to a loss of CNY 3,457,206.38 in the same period of 2023[13] - Cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was CNY 1,050,601,706.91, compared to CNY 809,569,437.57 in the previous year, reflecting an increase of approximately 29.7%[17] Other Information - The weighted average return on equity for the reporting period was 2.56%, an increase of 0.04 percentage points compared to the previous year[2] - Non-recurring gains and losses for the current period totaled ¥13,857,479, with a year-to-date total of ¥39,079,461[6] - The company reported a net increase in pledged loans, although specific figures were not disclosed in the report[17] - The company has not adopted new accounting standards or interpretations for the current fiscal year[17] - The cash received from investment activities was CNY 10,528,313.00, a decrease from CNY 140,890,970.00 in the previous year[17]