SLKG(000019)2024-10-28 11:08Financial Performance - The company's revenue for Q3 2024 was ¥1,385,664,850.01, a decrease of 15.89% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥115,531,458.13, an increase of 8.92% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥109,897,377.98, up by 7.83% compared to the previous year[3]. - Total operating revenue for Q3 2024 was CNY 3,802,117,769.62, a decrease of 15.1% compared to CNY 4,479,404,058.88 in the same period last year[12]. - The net profit for Q3 2024 was CNY 243,323,924.33, a decrease of 11.2% compared to CNY 274,055,368.17 in Q3 2023[13]. - The total profit for the period was CNY 306,502,115.70, down from CNY 327,032,569.97, reflecting a decline of 7.4% year-over-year[13]. - Basic and diluted earnings per share were both CNY 0.2122, compared to CNY 0.2379 in the same period last year, indicating a decrease of 10.3%[14]. - The company reported a net profit margin of approximately 10% for Q3 2024, compared to 8.5% in the same quarter last year[12]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,220,814,702.57, down 2.40% from the end of the previous year[3]. - Total current assets decreased from CNY 4,149,239,822.38 to CNY 4,075,916,783.30, a decline of approximately 1.77%[9]. - Cash and cash equivalents decreased from CNY 236,384,606.60 to CNY 153,180,749.47, a decrease of about 35.2%[9]. - Accounts receivable decreased from CNY 179,828,493.98 to CNY 137,143,455.40, a reduction of approximately 23.8%[9]. - Inventory increased from CNY 3,458,443,989.04 to CNY 3,510,989,271.90, an increase of about 1.52%[9]. - Long-term equity investments decreased from CNY 74,008,926.48 to CNY 69,282,376.16, a decline of approximately 6.8%[9]. - Fixed assets decreased from CNY 2,171,969,725.22 to CNY 2,106,641,866.99, a decrease of about 3%[9]. - Total liabilities decreased to CNY 2,377,644,540.02, down 5.6% from CNY 2,520,866,532.42 year-over-year[11]. - The company’s total liabilities decreased significantly, with a 100% reduction in held-for-sale liabilities due to the transfer of subsidiary equity[7]. Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥522,608,987.73, a decrease of 26.20% year-on-year[3]. - Cash flow from operating activities generated a net amount of CNY 522,608,987.73, down 26.2% from CNY 708,105,045.11 in the previous year[15]. - Cash inflow from operating activities totaled CNY 4,468,512,291.50, a decrease of 13.8% from CNY 5,182,571,654.06 in the prior year[15]. - Cash outflow from operating activities was CNY 3,945,903,303.77, down 11.8% from CNY 4,474,466,608.95 year-over-year[15]. - The net cash flow from investing activities was CNY -188,139,951.62, an improvement from CNY -585,546,049.73 in the previous year[16]. - Cash flow from financing activities resulted in a net outflow of CNY -416,675,884.91, compared to CNY -46,063,318.15 in the same period last year[16]. - The ending balance of cash and cash equivalents was CNY 150,195,035.18, an increase from CNY 133,024,750.32 year-over-year[16]. Shareholder Information - The company reported a total of 44,746 common shareholders at the end of the reporting period[8]. - The largest shareholder, Shenzhen Agricultural and Food Investment Holding Group Co., Ltd., holds 63.79% of the shares[8]. Strategic Initiatives - The company plans to expand its market presence through strategic partnerships and new product launches in the upcoming quarters[12]. - The company has allocated CNY 1,469,874.70 for data resource development, indicating a focus on enhancing its technological capabilities[11]. Other Financial Metrics - The basic earnings per share for the period was ¥0.1002, an increase of 8.91% compared to the same period last year[3]. - The weighted average return on equity was 2.38%, an increase of 0.03% year-on-year[3]. - The company reported a significant increase in prepayments, which rose by 161.05% to ¥44,991,646.54 due to increased advance payments for grain purchases[7]. - The company recorded a 229.01% increase in asset disposal gains, amounting to ¥5,195,483.59, primarily from land disposals[7]. - The company reported a significant increase in asset impairment losses, totaling CNY -86,486,412.69, compared to CNY -71,921,537.03 in the previous year[13]. - Research and development expenses for Q3 2024 amounted to CNY 15,805,858.43, an increase of 8.2% compared to CNY 14,607,357.02 in the previous year[12].