Financial Performance - Net profit attributable to shareholders dropped by 56.14% to CNY 7,285,445.61 for the first nine months of 2024, down from CNY 16,609,125.61 in the same period of 2023[3] - Operating income for the first nine months of 2024 was CNY 367,247,393.82, a decrease of 6.21% compared to CNY 391,563,628.37 in the previous year[3] - The company recorded a net loss of CNY 209,175.41 in Q3 2024, compared to a profit of CNY 3,256,120.88 in the same quarter of the previous year, marking a decline of 106.42%[3] - Total operating revenue for the first nine months of 2024 was CNY 367,247,393.82, a decrease of 6.2% compared to CNY 391,563,628.37 in the same period of 2023[20] - Net profit for the first nine months of 2024 was CNY 7,285,445.61, a decline of 56.2% from CNY 16,609,125.61 in the previous year[21] - Total comprehensive income for the first nine months of 2024 is 7,492,723.76 CNY, compared to 8,790,762.21 CNY in the same period of 2023, reflecting a decrease of approximately 15%[23] Cash Flow - The net cash flow from operating activities fell by 84.79% to CNY 4,491,482.28, down from CNY 29,525,279.98 in the same period last year[3] - Operating cash flow for the first nine months of 2024 is 4,491,482.28 CNY, significantly lower than 29,525,279.98 CNY in the same period of 2023, indicating a decline of approximately 85%[26] - Net cash flow from operating activities is CNY 2,878,946.65, down 73.8% from CNY 10,975,465.30 year-on-year[28] - Cash inflow from financing activities is CNY 100,000.00, significantly lower than CNY 158,651,657.31 in the previous year[28] - Net cash flow from financing activities is -CNY 25,897,515.31, a decrease from CNY 88,797,010.75 year-on-year[28] Assets and Liabilities - Total assets decreased by 7.01% to CNY 484,589,170.94 as of September 30, 2024, compared to CNY 521,119,688.52 at the end of 2023[3] - Current assets decreased from ¥290,370,567.96 to ¥245,487,530.77, a reduction of about 15.4%[14] - Total liabilities decreased from ¥93,620,965.00 to ¥67,184,356.26, a reduction of about 28.3%[15] - The total liabilities decreased to CNY 29,155,826.00 from CNY 64,830,549.70, a reduction of 55.1%[20] - Shareholders' equity decreased from ¥426,030,315.97 to ¥416,052,389.53, a reduction of about 2.3%[16] Receivables and Payables - Accounts receivable decreased by 33.51% to CNY 36,763,283.35, attributed to timely payments from customers with longer credit terms[5] - The company reported a significant increase in accounts payable, rising to CNY 18,135,589.60 from CNY 14,105,105.48, an increase of 28.5%[20] Inventory and Prepayments - Inventory increased from ¥43,983,463.93 to ¥52,676,212.79, an increase of approximately 19.8%[14] - The company reported a significant increase in prepayments from ¥2,986,387.45 to ¥9,018,804.25, an increase of approximately 202.5%[14] Research and Development - Research and development expenses for the first nine months of 2024 were CNY 9,200,085.05, down 20.6% from CNY 11,583,958.02 in the same period of 2023[20] - Research and development expenses for the first nine months of 2024 are 9,200,085.05 CNY, down from 11,583,958.02 CNY in the same period of 2023, a decrease of about 20.6%[22] Share Capital and Ownership - The total share capital is 88,482,710 shares, with 2,669 common shareholders[7] - The largest shareholder, Pan Rulong, holds 19,180,000 shares, representing 21.68% of the total[8] - The total number of unrestricted shares increased from 55,715,876 (34.58%) at the beginning of the period to 55,715,876 (62.97%) at the end of the period[7] - The total number of restricted shares remained at 32,766,834 (37.03%) throughout the period[7] Other Financial Information - Non-operating income from government subsidies amounted to CNY 793,764.87, contributing to the overall financial performance[6] - The company has provided external guarantees during the reporting period[10] - There are no significant litigation or arbitration matters reported during the period[10] - The company has disclosed commitments and their fulfillment status in the 2022 annual report[12]
润普食品(836422) - 2024 Q3 - 季度财报