Toly Bread(SH:603866)2024-10-28 08:17Financial Performance - The company's operating revenue for Q3 2024 was ¥1,626,610,203.72, a decrease of 12.53% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥145,110,013.51, down 13.43% year-on-year[2]. - The basic and diluted earnings per share for Q3 2024 were both ¥0.0907, reflecting a decrease of 13.43% compared to the previous year[3]. - The company reported a decrease in net profit attributable to shareholders for the year-to-date period of 5.28% compared to the same period last year[2]. - Total operating revenue for the first three quarters of 2024 was RMB 4,647,498,960.01, a decrease of 8.25% compared to RMB 5,066,233,482.31 in the same period of 2023[12]. - Net profit for Q3 2024 was CNY 435,055,298.29, down from CNY 459,306,721.58 in Q3 2023, indicating a decline of approximately 5.3%[15]. - Operating profit for Q3 2024 was CNY 558,440,825.60, slightly down from CNY 577,874,899.76 in Q3 2023, a decrease of about 3.4%[13]. - Total comprehensive income for Q3 2024 was CNY 435,055,298.29, compared to CNY 459,306,721.58 in Q3 2023, reflecting a decrease of about 5.3%[15]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,166,666,659.95, representing a 1.69% increase from the end of the previous year[3]. - Total assets reached RMB 7,166,666,659.95, up from RMB 7,047,591,787.54 at the end of 2023, marking an increase of 1.69%[10]. - Current assets totaled RMB 1,062,239,122.91 as of September 30, 2024, an increase of 10.39% from RMB 962,278,236.02 at the end of 2023[9]. - Total liabilities amounted to RMB 2,121,211,507.90, compared to RMB 1,960,478,829.66 at the end of 2023, reflecting an increase of 8.20%[10]. - Short-term borrowings increased significantly to RMB 206,978,188.45 from RMB 52,973,211.80, representing a rise of 289.36%[10]. Cash Flow - Cash flow from operating activities for the year-to-date period increased by 4.47% to ¥683,940,537.62[2]. - Cash flow from operating activities for the first nine months of 2024 was CNY 5,219,001,712.06, compared to CNY 5,631,303,451.48 in the same period of 2023, a decline of approximately 7.3%[17]. - Cash flow from investing activities showed a net outflow of CNY 177,458,008.62 in the first nine months of 2024, compared to a net outflow of CNY 480,715,486.49 in the same period of 2023[17]. - Cash flow from financing activities resulted in a net outflow of CNY 433,268,106.40 in Q3 2024, compared to a net outflow of CNY 213,994,577.34 in Q3 2023, indicating a worsening cash position[18]. - The company's cash and cash equivalents were RMB 247,329,010.15 as of September 30, 2024, compared to RMB 174,115,558.75 at the end of 2023, showing a growth of 42.06%[8]. - The company reported a decrease in cash and cash equivalents at the end of Q3 2024 to CNY 236,043,410.15 from CNY 237,493,049.53 at the end of Q3 2023, a slight decline of approximately 0.6%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,778[6]. - The largest shareholder, Wu Xuequn, held 389,402,093 shares, representing 24.34% of the total shares[6]. Research and Development - R&D expenses for Q3 2024 were CNY 18,831,712.81, a decrease from CNY 25,603,129.67 in Q3 2023, reflecting a reduction of approximately 26.5%[13]. Financial Expenses - Financial expenses increased to CNY 24,435,339.76 in Q3 2024 from CNY 17,547,330.57 in Q3 2023, representing an increase of about 39.5%[13]. Impairment and Gains - Non-recurring gains and losses for Q3 2024 included a government subsidy of ¥2,756,413.14 and a reversal of impairment losses of ¥6,081,319.07[4]. - The company's inventory as of September 30, 2024, was RMB 159,274,576.54, compared to RMB 168,799,796.47 at the end of 2023, indicating a decrease of 5.67%[9].