山西汾酒(600809) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥8,611,365,102.99, representing an increase of 11.35% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥2,940,081,293.48, reflecting a growth of 10.36% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,942,448,326.76, up by 10.27% from the previous year[2] - The basic earnings per share for Q3 2024 stood at ¥2.41, marking a 20.31% increase compared to the same period last year[3] - Total operating revenue for Q3 2024 reached ¥31.36 billion, up from ¥26.74 billion in Q3 2023, representing a growth of approximately 17.5%[13] - Net profit for Q3 2024 was ¥11.36 billion, compared to ¥9.45 billion in Q3 2023, reflecting an increase of about 20.1%[14] - The company reported a total profit of ¥15.24 billion for Q3 2024, compared to ¥12.73 billion in Q3 2023, indicating a growth of around 19.6%[14] - Basic earnings per share for Q3 2024 were ¥9.30, up from ¥7.73 in Q3 2023, representing an increase of approximately 20.4%[15] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥49,738,127,636.80, which is a 12.80% increase from the end of the previous year[3] - As of September 30, 2024, the company's total assets reached RMB 49.74 billion, an increase from RMB 44.10 billion as of December 31, 2023, representing a growth of approximately 12.0%[10] - The total current assets increased to RMB 39.88 billion from RMB 34.61 billion, reflecting a growth of approximately 15.5%[10] - The company's inventory stood at RMB 11.55 billion, slightly down from RMB 11.57 billion, showing a decrease of about 0.2%[9] - The total liabilities decreased to RMB 15.43 billion from RMB 15.82 billion, a reduction of approximately 2.5%[11] - The company's equity attributable to shareholders reached ¥33,861,511,023.78, reflecting a growth of 21.64% year-over-year[3] - The company's equity attributable to shareholders rose to RMB 33.86 billion from RMB 27.84 billion, marking an increase of approximately 21.7%[11] - The company reported a decrease in contract liabilities from RMB 7.03 billion to RMB 5.48 billion, a decline of about 22.0%[10] Cash Flow - The net cash flow from operating activities for the year-to-date period increased by 56.56% compared to the previous year, primarily due to higher cash receipts from sales[5] - Cash flow from operating activities for the first nine months of 2024 was ¥11.43 billion, compared to ¥7.30 billion in the same period of 2023, showing an increase of about 56.0%[15] - The company achieved cash inflow from operating activities of ¥30.51 billion in the first nine months of 2024, compared to ¥24.49 billion in the same period of 2023, indicating a growth of around 24.5%[15] - The company's cash and cash equivalents amounted to RMB 10.93 billion, significantly up from RMB 3.77 billion at the end of 2023, indicating an increase of about 189.5%[9] - Cash and cash equivalents at the end of the period reached 10,927,261,042.33, a substantial increase from 3,234,999,748.40 at the end of the previous year[17] - The company reported a net increase in cash and cash equivalents of 7,152,519,237.25, contrasting with a decrease of -7,966,219,290.80 in the previous year[17] Investment Activities - The company reported government subsidies recognized in the current period amounting to ¥1,871,286.70[4] - The company has invested RMB 1.67 billion in construction projects, up from RMB 829.21 million, indicating a significant increase in capital expenditure[10] - The net cash flow from investment activities was 1,401,648,117.52, a significant improvement from the previous year's negative cash flow of -11,044,844,498.53[17] - The total cash inflow from investment activities amounted to 37,615,221,245.64, compared to 18,268,933,719.03 in the same period last year, indicating a growth of approximately 106.5%[17] - Cash outflow for investment activities was 36,213,573,128.12, up from 29,313,778,217.56, reflecting an increase of about 23.5%[17] Financing Activities - The net cash flow from financing activities was -5,683,903,225.14, worsening from -4,224,937,451.54 in the previous year[17] - The cash outflow for dividend distribution and interest payments was 5,331,243,650.14, compared to 4,034,748,713.55 in the same quarter last year, representing an increase of approximately 32.2%[17] Research and Development - Research and development expenses increased to ¥101.72 million in Q3 2024, up from ¥54.68 million in Q3 2023, marking an increase of approximately 85.8%[13] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[2] - The company has not adopted new accounting standards for the current year, maintaining consistency in financial reporting[17] - The board of directors announced the financial results on October 29, 2024, reflecting the company's commitment to transparency[17]