春雪食品(605567) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥640,719,455.15, a decrease of 10.98% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥6,735,749.16, down 7.23% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was ¥2,384,517.25, a significant decline of 88.64% compared to the same period last year[4] - The basic earnings per share for Q3 2024 was ¥0.034, reflecting a decrease of 6.34% year-on-year[4] - Total operating revenue for the first three quarters of 2024 was CNY 1,804,351,889.34, a decrease of 13.93% compared to CNY 2,096,309,015.00 in the same period of 2023[18] - Net profit for the third quarter of 2024 was CNY 2,384,517.25, a significant decline of 88.66% compared to CNY 20,990,747.53 in the same quarter of 2023[19] - The company reported a total comprehensive income of CNY 2,384,517.25 for the third quarter of 2024, a decrease of 88.66% compared to CNY 20,990,747.53 in the same quarter of 2023[20] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥51,670,186.64, down 67.03% year-on-year[4] - The cash inflow from operating activities for the first three quarters of 2024 was approximately ¥2.14 billion, a decrease of 10.8% compared to ¥2.40 billion in the same period of 2023[22] - The net cash flow from operating activities was ¥51.67 million, down 67.0% from ¥156.72 million in the previous year[23] - Cash outflow for investing activities totaled ¥122.62 million, significantly lower than ¥303.30 million in the same period last year, resulting in a net cash flow from investing activities of -¥122.05 million[23] - Cash inflow from financing activities was ¥789.77 million, an increase of 17.5% compared to ¥672.57 million in the previous year[24] - The net cash flow from financing activities was ¥12.48 million, a decrease of 88.6% from ¥109.13 million in the same period of 2023[24] - The ending cash and cash equivalents balance was ¥255.54 million, down from ¥289.74 million at the end of the same period last year[24] - The company received tax refunds of approximately ¥62.47 million, an increase of 29.0% compared to ¥48.46 million in the previous year[22] - The total cash outflow for operating activities was ¥2.09 billion, a decrease of 6.8% from ¥2.24 billion in the previous year[23] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥2,366,084,802.12, representing an increase of 7.84% from the end of the previous year[4] - Total liabilities as of the end of the third quarter of 2024 were CNY 1,293,079,545.27, an increase of 14.63% from CNY 1,128,462,253.64 at the end of the third quarter of 2023[17] - The total liabilities and equity amounted to CNY 2,366,084,802.12, compared to CNY 2,194,142,119.59 in the previous year, reflecting an increase of 7.83%[17] - The company reported a total current liabilities of ¥1,200,000,000, reflecting a strategic focus on managing short-term financial obligations[15] - Short-term borrowings increased to ¥688,250,436.10 from ¥570,213,888.88 year-over-year[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,167[10] - The largest shareholder, Shandong Chunxue Food Co., Ltd., holds 54,045,000 shares, representing 27.02% of the total shares[10] Operational Challenges - The company reported a significant decline in sales prices for fresh chicken products, attributed to supply-demand imbalances and low pork prices in the first half of the year[8] - Management and R&D expenses increased year-on-year, contributing to the decline in net profit[8] - The company experienced an increase in inventory at the end of the period, which impacted cash flow negatively[8] - Research and development expenses increased to CNY 7,458,552.11 in the third quarter of 2024, up 62.67% from CNY 4,605,459.56 in the previous year[19] - Accounts receivable increased to ¥174,826,185.56 from ¥150,340,880.40 year-over-year[13] - Inventory has risen significantly to ¥394,924,204.69 from ¥246,774,287.22 compared to the previous year[14] Strategic Developments - There are no significant new strategies or product developments mentioned in the report[13] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[12]