TRS(SZ:002567)2024-10-28 11:24Financial Performance - The company's operating revenue for Q3 2024 was ¥6,233,915,549.92, a decrease of 15.64% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 reached ¥249,063,875.76, an increase of 200.91% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥237,096,742.44, up by 197.95% compared to the previous year[2] - Total operating revenue for Q3 2024 was CNY 17,070,990,337.10, a decrease of 18.5% compared to CNY 20,869,595,985.24 in the same period last year[15] - Total operating costs for Q3 2024 were CNY 16,837,803,460.64, down 22.6% from CNY 21,753,487,334.64 year-on-year[15] - Net profit attributable to the parent company increased to CNY 5,842,851,887.78, up from CNY 5,495,172,734.23 in the previous year, reflecting a growth of 6.3%[14] - The net profit for Q3 2024 was CNY 212,758,544.61, a significant improvement compared to a net loss of CNY 1,023,523,230.08 in the same period last year[16] - Operating profit for the quarter was CNY 231,588,334.16, contrasting with an operating loss of CNY 988,440,716.85 in Q3 2023[16] - The total comprehensive income attributable to the parent company's shareholders was CNY 253,720,924.26, compared to a loss of CNY -910,727,572.53 in Q3 2023[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥17,986,250,525.09, reflecting a growth of 5.74% from the end of the previous year[3] - The total current assets increased to CNY 6,902,573,445.20 from CNY 5,690,955,960.61, reflecting a growth of approximately 21.3%[12] - The total liabilities amounted to CNY 11,709,298,846.91, compared to CNY 11,028,638,223.09, indicating an increase of 6.2%[14] - The company's long-term equity investments slightly increased to CNY 58,212,645.11 from CNY 57,767,593.17, a growth of about 0.8%[12] - The total assets reached CNY 17,986,250,525.09, an increase from CNY 17,009,423,697.72, representing a growth of 5.7%[14] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥423,710,302.68, an increase of 84.31% year-on-year[6] - The cash flow from operating activities generated a net inflow of CNY 423,710,302.68, compared to CNY 229,886,209.56 in the same quarter last year, reflecting an increase of about 84.5%[17] - The company reported a decrease in cash flow from financing activities by 132.26% to -¥482,115,687.15, primarily due to increased cash flow from operating activities[6] - Financing activities led to a net cash outflow of CNY 482,115,687.15, contrasting with a net inflow of CNY 1,494,674,820.40 in the same quarter last year[18] - Investment activities resulted in a net cash outflow of CNY 224,608,821.82, an improvement from a net outflow of CNY 734,862,902.69 in Q3 2023[17] Inventory and Receivables - The company's inventory increased by 34.04% to ¥3,906,541,351.69 due to an expansion in pig farming scale[6] - Inventory rose significantly to CNY 3,896,976,487.26 from CNY 2,547,481,870.26, representing an increase of approximately 53.0%[12] - Accounts receivable increased to CNY 333,238,227.74 from CNY 315,265,827.21, showing a growth of about 5.7%[12] - The company reported a significant increase in other receivables, rising to CNY 271,484,718.05 from CNY 212,872,479.14, an increase of approximately 27.6%[12] Research and Development - Research and development expenses for Q3 2024 were CNY 102,372,770.92, up from CNY 90,642,866.51, marking a rise of 12.5%[15] Market and Product Development - The company has not disclosed any new product launches or technological advancements in this report[12] - There were no significant updates regarding market expansion or mergers and acquisitions mentioned in the report[12] - The company plans to continue focusing on market expansion and new product development to drive future growth[15]