三只松鼠(300783) - 2022 Q3 - 季度财报

Financial Performance - Revenue for Q3 2022 was ¥1,218,822,981.38, a decrease of 32.63% compared to the previous quarter, and a decrease of 24.57% year-to-date [6]. - Net profit attributable to shareholders for Q3 2022 was ¥11,365,297.21, down 87.43% quarter-over-quarter and down 78.86% year-to-date [6]. - The net profit after deducting non-recurring gains and losses was ¥4,462,744.70, a decline of 94.98% compared to the previous quarter and a decline of 91.88% year-to-date [6]. - Basic earnings per share for Q3 2022 was ¥0.03, down 86.96% quarter-over-quarter and down 79.28% year-to-date [6]. - Total operating revenue for the third quarter was ¥5,332,697,770.74, a decrease of 24.5% compared to ¥7,070,042,534.35 in the previous year [33]. - Net profit for the quarter was ¥93,499,583.46, a significant decline of 78.8% from ¥442,253,638.73 in the same period last year [35]. - The total comprehensive income attributable to the parent company for the current period is ¥93,499,583.46, compared to ¥442,253,638.73 in the previous period [38]. - Basic and diluted earnings per share for the current period are both ¥0.23, down from ¥1.11 in the previous period [38]. Assets and Liabilities - Total assets at the end of Q3 2022 were ¥3,684,776,775.98, a decrease of 26.78% compared to the end of the previous year [6]. - The company's total assets decreased to ¥3,684,776,775.98 from ¥5,032,694,470.80, representing a drop of 26.8% [32]. - Total liabilities were reported at ¥1,378,399,700.01, down from ¥2,774,775,589.93, indicating a reduction of 50.3% [32]. - As of September 30, 2022, the company's current assets totaled approximately RMB 2.58 billion, a decrease from RMB 3.90 billion at the beginning of the year [26]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥253,607,181.91, down 37.66% compared to the previous year [6]. - Cash inflow from operating activities for the current period is ¥5,897,595,360.79, a decrease from ¥7,677,670,948.75 in the previous period [39]. - Cash outflow from operating activities for the current period is ¥5,643,988,178.88, compared to ¥7,270,869,156.12 in the previous period [39]. - Net cash flow from operating activities is ¥253,607,181.91, down from ¥406,801,792.63 in the previous period [39]. - Cash inflow from investment activities is ¥2,719,168,026.71, compared to ¥6,333,668,928.53 in the previous period [41]. - Net cash flow from investment activities is -¥258,230,399.45, an improvement from -¥1,029,251,841.48 in the previous period [41]. - Cash inflow from financing activities is ¥247,562,222.28, down from ¥568,873,728.53 in the previous period [41]. - Net cash flow from financing activities is -¥191,040,390.00, compared to -¥81,796,228.80 in the previous period [41]. - The ending balance of cash and cash equivalents is ¥213,131,887.28, down from ¥405,904,980.05 in the previous period [41]. Inventory and Procurement - The company reported a significant decrease in inventory, down 73.97% compared to the end of the previous year, due to reduced stocking ahead of the sales peak [11]. - The inventory level as of September 30, 2022, was approximately RMB 435.19 million, significantly reduced from RMB 1.67 billion at the beginning of the year [26]. - The company experienced a 67.46% decrease in accounts payable compared to the end of the previous year, attributed to reduced procurement following the end of the sales peak [11]. Strategic Initiatives - The company is undergoing a strategic transformation, impacting revenue and gross margin, while increasing marketing expenses for nut products [14]. - The company is in a strategic adjustment period, focusing on supply chain and channel layout improvements, which will take time to yield benefits [23]. - The company aims to transition towards a multi-brand model, emphasizing health, digitization, and globalization as part of its ten-year strategy [20]. - The company has reduced certain business and product lines, which has impacted current performance [20]. - The company has completed the construction of six production lines at the daily nut factory, which are now fully operational, enhancing product capabilities [24]. - The company plans to launch two production lines for macadamia and pecan nuts by the end of the year [24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 34,744, with the largest shareholder, Zhang Liaoyuan, holding 39.97% of shares, equating to 160,272,000 shares [15].