Proya(SH:603605)2024-10-24 09:07Financial Performance - The company's operating revenue for Q3 2024 reached ¥1,964,567,889.65, representing a year-on-year increase of 21.15%[2] - Net profit attributable to shareholders for Q3 2024 was ¥297,538,011.99, up 20.72% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥292,280,184.23, reflecting an 18.33% increase year-on-year[2] - Basic earnings per share for Q3 2024 was ¥0.75, a 20.97% increase from the previous year[3] - The weighted average return on equity increased to 6.34%, up 0.12 percentage points from the previous year[3] - The company's net profit for the year-to-date period increased by 33.95%, with a total profit growth of 27.84% driven by a 32.72% increase in operating revenue[7] - Total operating revenue for the first three quarters of 2024 reached CNY 6,966,033,360.37, a significant increase of 32.7% compared to CNY 5,248,569,751.16 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was CNY 1,022,398,719.54, representing a growth of 31.9% from CNY 774,947,059.21 in the previous year[16] - The total comprehensive income attributable to the parent company for Q3 2024 was CNY 999,439,805.14, compared to CNY 746,686,029.86 in Q3 2023, marking an increase of approximately 33.8%[17] - The company reported a total comprehensive income of CNY 1,022,629,137.80 for Q3 2024, compared to CNY 775,669,948.00 in Q3 2023, reflecting an increase of approximately 31.7%[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,478,061,850.68, a 2.12% increase from the end of the previous year[3] - As of September 30, 2024, the total current assets of Proya Cosmetics amounted to RMB 5,567,953,659.53, showing a slight increase from RMB 5,544,851,092.90 at the end of 2023[12] - The accounts receivable decreased to RMB 272,993,512.90 from RMB 344,570,196.54, indicating a reduction of approximately 20.9%[12] - Inventory increased significantly to RMB 1,188,576,985.95 from RMB 797,215,155.68, representing a growth of about 49.0%[12] - The total liabilities decreased to CNY 2,560,665,559.90 from CNY 2,922,766,991.44, indicating a reduction of 12.4%[14] - The total equity rose to CNY 4,917,396,290.78, compared to CNY 4,400,311,231.01, marking an increase of 11.7%[14] - The total liabilities to equity ratio improved to 0.52 from 0.66, indicating a stronger financial position[14] Cash Flow - The net cash flow from operating activities for the year-to-date period decreased by 49.44% to ¥403,998,041.03, primarily due to increased sales expenses and earlier payment schedules[7] - Net cash flow from operating activities for the first three quarters of 2024 was CNY 403,998,041.03, compared to CNY 799,016,528.87 in the same period of 2023, indicating a decrease of about 49.5%[18] - The cash inflow from operating activities for Q3 2024 was CNY 7,646,212,002.19, compared to CNY 5,720,753,996.48 in Q3 2023, indicating a growth of about 33.7%[18] - The company's cash and cash equivalents decreased to RMB 3,627,145,433.23 from RMB 4,011,085,558.07, a decline of approximately 9.6%[11] - The cash and cash equivalents at the end of Q3 2024 amounted to CNY 2,389,402,615.21, down from CNY 3,511,959,597.02 at the end of Q3 2023, representing a decrease of about 32.0%[19] - The net cash flow from investing activities for the first three quarters of 2024 was -CNY 1,026,961,263.02, compared to -CNY 151,313,045.64 in the same period of 2023, showing a significant increase in cash outflow[19] - The net cash flow from financing activities for the first three quarters of 2024 was -CNY 647,132,293.09, compared to -CNY 260,758,399.61 in the same period of 2023, indicating a larger cash outflow[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,321[8] - The largest shareholder, Hou Jun Cheng, holds 34.46% of the shares, totaling 136,739,037 shares[8] - The company held 2,210,825 shares in its repurchase account, accounting for 0.56% of the total share capital[10] - The top ten shareholders collectively held a significant portion of the shares, with the largest shareholder holding 136,739,037 shares[10] Strategic Initiatives - Proya Cosmetics is focusing on expanding its market presence and enhancing product development strategies[11] - The company has engaged in strategic initiatives to improve operational efficiency and financial performance[11] - The company plans to continue expanding its market presence and invest in new product development to drive future growth[16] Research and Development - Research and development expenses for the third quarter of 2024 were CNY 142,437,776.25, an increase of 10.0% compared to CNY 128,863,076.27 in the same quarter of 2023[16] Operating Costs and Profitability - Operating costs for the first three quarters of 2024 amounted to CNY 5,744,357,919.86, up from CNY 4,204,094,774.90, reflecting a rise of 36.6%[15] - The company reported a gross profit margin of approximately 17.5% for the first three quarters of 2024, compared to 20.0% in the same period of 2023[15]