HNZHKJ(000702)2024-10-29 08:44Financial Performance - The company's operating revenue for Q3 2024 was ¥346,268,811.17, representing a 7.27% increase year-over-year, while the year-to-date revenue decreased by 15.88% to ¥784,720,264.10[3] - The net profit attributable to shareholders for Q3 2024 was -¥11,019,229.23, a decline of 191.94% compared to the same period last year, with a year-to-date net profit of -¥22,240,880.35, which is an increase of 58.00% year-over-year[3] - The company’s basic earnings per share for Q3 2024 was -¥0.0318, a decrease of 169.49% compared to the same period last year[3] - Total operating revenue for the period was ¥784,720,264.10, a decrease of 15.9% compared to ¥932,817,989.19 in the previous period[13] - Net loss attributable to shareholders of the parent company was ¥22,240,880.35, compared to a loss of ¥52,960,361.83 in the previous period[14] - The company achieved a gross profit margin of approximately 5.5% for the period, down from 10.5% in the previous period[13] - Basic and diluted earnings per share were both reported at -¥0.0642, compared to -¥0.1862 in the previous period[15] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥70,337,519.14, reflecting a significant decrease of 397.39% compared to the previous year[7] - The company reported a net cash outflow from operating activities of ¥70,337,519.14, contrasting with a net inflow of ¥23,651,539.81 in the previous period[16] - Net cash flow from investing activities decreased by 88.26% to ¥2,230,586.71, primarily due to a reduction in cash received from the disposal of fixed assets[7] - Cash inflow from financing activities totaled 671,870,633.85[17] - Cash outflow for debt repayment was 420,000,000.00 in the prior period[17] - The net increase in cash and cash equivalents was -157,744,279.67 previously[17] - The ending balance of cash and cash equivalents was 206,641,690.55[17] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥752,278,447.20, which is a 4.75% increase from the end of the previous year[3] - The company’s total liabilities increased, with accounts payable rising by 55.71% to ¥57,836,534.19, mainly due to an increase in payables for raw materials[6] - Total liabilities increased to ¥434,528,338.69 from ¥387,190,660.02, reflecting a rise of 12.2%[12] - Total current liabilities rose from 366,808,075.84 CNY to 419,099,651.89 CNY[11] - Non-current liabilities decreased from 20,382,584.18 CNY to 15,428,686.80 CNY[11] - Total equity attributable to shareholders of the parent company decreased to ¥409,164,000.06 from ¥427,564,880.41, a decline of 4.3%[12] Inventory and Receivables - The company's accounts receivable increased by 145.46% to ¥52,013,408.79, primarily due to an increase in receivables from feed sales[6] - Inventory levels rose by 101.51% to ¥138,558,517.65, attributed to an increase in the number of live pigs held[6] - Accounts receivable increased significantly from 21,190,008.27 CNY to 52,013,408.79 CNY[10] - Inventory rose from 68,761,330.99 CNY to 138,558,517.65 CNY, indicating a substantial increase in stock levels[10] - The company reported a significant increase in prepayments from 13,710,977.33 CNY to 15,481,250.85 CNY[10] Shareholder Information - Total number of common shareholders at the end of the reporting period is 34,253[8] - The largest shareholder, Yueyang Guansheng Investment Development Co., Ltd., holds 23.08% of shares, totaling 79,990,372 shares[8] - The company has not reported any changes in the top 10 shareholders due to margin trading activities[9] Other Information - The company reported a significant increase in investment income, which rose by 14,370.83% to ¥6,425,049.79, mainly due to the transfer of equity in a subsidiary[6] - The company’s financial assets impairment loss was reported at ¥1,218,526.02, a significant decrease from ¥26,582,148.61 in the previous period[14] - Other comprehensive income after tax attributable to the parent company was ¥3,840,000.00, slightly up from ¥3,774,000.00 in the previous period[15] - The company did not undergo an audit for the third quarter report[18]