克明食品(002661) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥1,077,349,867.64, representing a decrease of 14.02% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥52,232,616.07, an increase of 36,343.55% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥48,866,081.71, reflecting a significant increase of 2,508.70% compared to the previous year[2] - Basic earnings per share for Q3 2024 was ¥0.167, up 41,650.00% year-on-year[2] - The company's operating revenue for Q3 2024 was CNY 3,475,233,350.49, a decrease of 11.60% compared to CNY 3,931,112,429.46 in the same period last year[7] - The total revenue from sales of goods and services was CNY 3,724,977,788.45, down from CNY 4,047,019,985.83 in the previous year, indicating a decrease of approximately 8%[15] - The company reported a net profit for Q3 2024 of CNY 148,351,685.42, a significant recovery from a net loss of CNY 65,891,372.03 in the same period last year, representing a turnaround of over 325%[13] - The total comprehensive income for the period was CNY 146,758,083.42, compared to a loss of CNY 65,740,539.33 in the previous year, indicating a strong recovery[14] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.486, up from CNY 0.035 in the same quarter last year, reflecting a substantial increase of over 1,300%[14] Assets and Liabilities - Total assets at the end of Q3 2024 reached ¥6,232,038,031.23, an increase of 6.87% from the end of the previous year[2] - The total liabilities increased to CNY 3,340,828,327.55 from CNY 3,043,478,255.00, reflecting an increase of 9.8%[11] - Shareholders' equity attributable to the parent company was ¥2,504,652,163.10, which is a 4.58% increase compared to the end of the previous year[2] - The company's equity attributable to shareholders increased to CNY 2,504,652,163.10 from CNY 2,395,041,695.91, reflecting a growth of 4.6%[11] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥624,462,349.53, an increase of 23.54% year-on-year[2] - Cash flow from operating activities generated a net inflow of CNY 624,462,349.53, compared to CNY 505,483,451.02 in the previous year, marking an increase of approximately 23.5%[15] - The company's cash flow from investing activities showed a net outflow of CNY 583,923,199.59, a 43.73% increase in cash used for investments compared to the previous year[7] - The company reported cash outflow from investment activities of CNY 1,403,732,252.06, compared to CNY 540,881,132.96 in the previous year, indicating increased investment activity[16] - The net cash flow from financing activities was CNY -81,963,048.79, an improvement from CNY -114,704,467.62 in the same quarter last year, showing better management of financing[16] Inventory and Investments - The company reported a significant increase in inventory, with a total of ¥776,491,863.59, up 33.53% due to increased wheat storage[6] - The company has increased its investment in short-term financial products, resulting in a 100% increase in trading financial assets to ¥120,000,000.00[6] - Research and development expenses increased by 18.67% to CNY 29,103,079.31, reflecting higher investment in subsidiary R&D activities[7] - The company reported a 14.56% increase in construction in progress, totaling CNY 896,326,653.67, due to increased investments in projects[7] - Investment income rose significantly by 101.36% to CNY 2,767,577.13, attributed to increased returns from joint ventures[7] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,792[8] - The largest shareholder, Hunan Kemin Food Group, holds 12.67% of the shares, amounting to 43,547,587 shares[8] Tax and Expenses - The company reported a tax expense of CNY 28,038,506.36, a decrease from CNY 34,754,906.20 in the previous year, reflecting improved tax efficiency[13] - The operating cost decreased by 18.22% to CNY 2,819,389,401.01 from CNY 3,447,592,357.79, primarily due to the reduction in revenue[7] - The company's net profit margin for the quarter was impacted, with a notable increase in financial expenses to CNY 65,352,019.82 from CNY 61,401,670.26[12] - Research and development expenses rose to CNY 29,103,079.31, compared to CNY 24,524,993.56 in the previous year, indicating a focus on innovation[12]