YKA(300999)2024-10-30 11:17Financial Performance - The company's revenue for Q3 2024 was CNY 65,975,652, a decrease of 5.49% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2024 was CNY 334,433, down 71.25% year-on-year[3]. - The net profit excluding non-recurring gains and losses for Q3 2024 was CNY 77,795, a decline of 91.30% compared to the previous year[3]. - The total profit for Q3 2024 was CNY 1,740,987, a decrease of 31.8% compared to CNY 2,553,017 in Q3 2023[27]. - Net profit attributable to shareholders of the parent company was CNY 1,431,202, down 32.8% from CNY 2,129,072 in the same period last year[27]. - The company's net profit for the period was CNY 1,704,658, compared to CNY 2,542,005 in the previous period, reflecting a decrease of approximately 33%[26]. - The total comprehensive income for the period was CNY 1,382,197, a decrease of 41.3% from CNY 2,359,797 in the previous year[27]. Assets and Liabilities - The total assets at the end of Q3 2024 were CNY 216,634,264, representing a decrease of 9.17% from the end of the previous year[3]. - Current assets totaled CNY 132,447,292, down from CNY 149,449,740, a decline of about 11.4%[24]. - Total liabilities decreased to CNY 119,769,357 from CNY 142,535,143, representing a reduction of approximately 16%[25]. - Cash and cash equivalents decreased to CNY 48,218,733 from CNY 59,296,322, a decline of about 18.5%[23]. - Inventory decreased to CNY 40,090,404 from CNY 47,588,792, indicating a reduction of approximately 15.7%[23]. - Long-term borrowings decreased to CNY 5,277,587 from CNY 10,357,879, a decline of about 49%[25]. - The total assets decreased to CNY 216,634,264 from CNY 238,499,990, a decline of about 9.1%[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 138,108[11]. - The largest shareholder, Fengyi Marketing (Hong Kong) Limited, holds 89.99% of shares, totaling 4,878,944,439 shares[11]. - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 0.49% of shares, totaling 26,763,283 shares[11]. - The third-largest shareholder, Industrial and Commercial Bank of China - E Fund ChiNext ETF, holds 0.29% of shares, totaling 15,667,854 shares[11]. - The company reported a change in the top 10 shareholders due to the lending and return of shares, with specific changes noted for several funds[15]. Cash Flow - The company's cash flow from operating activities decreased by 35.71% year-on-year, primarily due to a decline in sales revenue[10]. - Cash flow from operating activities generated a net amount of CNY 12,545,600, a decline of 35.6% from CNY 19,512,888 in the previous year[28]. - Cash inflow from investment activities totaled CNY 55,626,242, an increase of 21.8% from CNY 45,659,054 in Q3 2023[29]. - Cash outflow from investment activities was CNY 58,966,446, down 4.5% from CNY 61,376,564 in the same period last year[29]. - Cash flow from financing activities resulted in a net outflow of CNY 14,593,926, compared to a net inflow of CNY 8,249,763 in Q3 2023[29]. - The cash and cash equivalents at the end of the period were CNY 20,137,542, down from CNY 27,004,149 at the end of Q3 2023[29]. Operational Segments - The overall sales volume of the company's products increased compared to the previous year, but the revenue was negatively impacted by falling prices of key raw materials like soybeans and soybean oil[7]. - The kitchen food segment maintained stable sales in Q3 2024, with profits increasing due to a rebound in sales prices of cooking oils[8]. - The feed raw materials and oil technology segment saw a year-on-year increase in sales volume, but profits declined significantly due to poor crushing margins[9]. Non-Recurring Gains and Other Activities - Non-recurring gains primarily stemmed from derivative financial instruments and structured deposits that did not fully meet hedge accounting requirements[10]. - The company has disclosed plans for the voluntary extension of the lock-up period for controlling shareholders[16]. - The company has announced delays in certain fundraising projects[16]. - The company is utilizing idle raised funds for cash management purposes[19]. - The company has provided guarantees for financing activities of its subsidiaries[22]. - The company has released its 2024 semi-annual report, detailing financial performance and strategic outlook[20].