顺鑫农业(000860) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2024 was CNY 1,630,250,242.43, a decrease of 37.20% compared to the same period last year[2] - Net profit attributable to shareholders was CNY -40,508,510.21, an increase of 80.83% year-on-year[2] - Total operating revenue for Q3 2024 was CNY 7,316,762,837.51, a decrease of 17.8% compared to CNY 8,807,316,989.49 in the same period last year[13] - Net profit for Q3 2024 was CNY 389,127,515.53, a significant recovery from a net loss of CNY 295,325,626.52 in the previous year[14] - Earnings per share for Q3 2024 was CNY 0.5151, compared to a loss per share of CNY -0.3940 in the same quarter last year[15] Cash Flow - Cash flow from operating activities for the year-to-date was CNY -907,851,810.41, a decrease of 54.92% compared to the previous year[2] - Cash flow from operating activities for Q3 2024 was CNY 6,294,252,322.73, down from CNY 6,944,383,547.43 in the previous year[16] - The net cash flow from operating activities was -907,851,810.41 CNY, an improvement from -2,013,657,127.09 CNY in the previous year, indicating a reduction in cash outflow[17] - Total cash outflow from operating activities amounted to 7,202,104,133.14 CNY, down from 8,958,040,674.52 CNY year-over-year[17] - Cash inflow from financing activities was 3,161,218,568.63 CNY, down from 3,998,785,143.07 CNY in the previous year[17] - The net cash flow from financing activities was 1,059,639.06 CNY, a recovery from -99,000,942.97 CNY in the previous year[17] Assets and Liabilities - Total assets as of September 30, 2024, were CNY 14,088,906,998.42, down 8.32% from the end of the previous year[2] - Current assets decreased from CNY 10,107,212,465.12 to CNY 9,105,971,053.36, a reduction of about 9.9%[11] - Total liabilities decreased to CNY 6,897,883,012.36 from CNY 8,565,269,748.66, indicating a reduction of 19.5%[13] - Total liabilities increased from CNY 9,107,212,465.12 to CNY 9,105,971,053.36, indicating a slight decrease of about 0.1%[12] - Short-term borrowings increased from CNY 2,564,331,609.58 to CNY 2,609,242,602.75, an increase of approximately 1.8%[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 96,758[8] - The largest shareholder, Beijing Shunxin Holdings Group Co., Ltd., held 38.36% of the shares[8] Financial Expenses - Financial expenses decreased by CNY 130.08 million, a decline of 96.43%, due to reduced financing scale and increased interest income[6] - The company reported a significant decrease in financial expenses, down to CNY 4,816,396.83 from CNY 134,894,275.56, a reduction of 96.4%[14] Inventory and Receivables - Accounts receivable increased by CNY 1,173.36 million, a growth of 30.83% due to increased customer receivables[4] - Inventory decreased from CNY 2,194,181,966.67 to CNY 1,824,836,386.77, a reduction of approximately 16.9%[11] - The company reported a significant increase in other receivables from CNY 6,452,594.19 to CNY 11,072,727.99, an increase of approximately 71.5%[11] Research and Development - Research and development expenses for Q3 2024 were CNY 22,435,012.83, slightly down from CNY 24,022,666.07 in the previous year[14] Audit and Reporting - The company did not undergo an audit for the third quarter report[18] - The report was released by the Board of Directors on October 29, 2024[18]