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千金药业(600479) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥790,364,986.19, representing a decrease of 8.74% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥50,353,515.96, down 37.21% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥51,334,570.13, a decrease of 33.82% compared to the same period last year[2]. - Basic earnings per share for Q3 2024 were ¥0.1188, reflecting a decline of 36.4% year-on-year[3]. - Diluted earnings per share for Q3 2024 were also ¥0.1188, down 36.4% compared to the previous year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 2,714,645,993.63, a decrease of 2.31% compared to CNY 2,778,909,669.96 in the same period of 2023[13]. - Net profit for the first three quarters of 2024 was CNY 213,365,044.87, a decrease of 10.93% compared to CNY 239,614,142.84 in the same period of 2023[14]. - Earnings per share for the first three quarters of 2024 were CNY 0.3964, down from CNY 0.4586 in 2023, representing a decline of 13.49%[16]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,453,912,463.87, down 4.77% from the end of the previous year[3]. - As of September 30, 2024, the company's total assets amount to 4,453,912,463.87 RMB, a decrease from 4,676,882,466.57 RMB at the end of 2023[11]. - The company's total liabilities decreased to 2,823,017,092.23 RMB from 2,853,485,567.65 RMB[11]. - Total liabilities decreased to CNY 1,390,626,032.95 in Q3 2024 from CNY 1,650,127,894.00 in Q3 2023, a reduction of 15.71%[12]. - Total equity increased to CNY 3,063,286,430.92 in Q3 2024 from CNY 3,026,754,572.57 in Q3 2023, reflecting a growth of 1.20%[12]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥49,097,673.02, a decrease of 33.68% compared to the previous year[2]. - The company's cash flow from operating activities showed a positive trend, contributing to overall financial stability despite the decrease in net profit[16]. - In the first three quarters of 2024, the cash inflow from operating activities amounted to ¥2,937,284,858.96, compared to ¥2,915,711,268.33 in the same period of 2023, reflecting a slight increase[17]. - The net cash flow from operating activities for the first three quarters of 2024 was ¥49,097,673.02, down from ¥74,034,264.45 in the previous year[19]. - The total cash outflow from operating activities in the first three quarters of 2024 was ¥2,888,187,185.94, compared to ¥2,841,677,003.88 in 2023[19]. - The ending balance of cash and cash equivalents as of the end of the third quarter of 2024 was ¥1,723,279,449.26, compared to ¥1,573,660,040.48 at the end of the same period in 2023[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 34,230[8]. - The largest shareholder, Zhuzhou State-owned Assets Investment Holding Group Co., Ltd., holds 119,381,136 shares, representing 28.16% of total shares[8]. Operational Insights - The decline in revenue and profit was primarily due to fluctuations in raw material prices and reduced bank income[6]. - The company reported a total non-recurring gains and losses of ¥3,372,632.21 for the current period, with government subsidies included[4]. - There are no other important reminders regarding the company's operational situation during the reporting period[10]. Expenses - Research and development expenses for the first three quarters of 2024 were CNY 144,395,569.53, an increase from CNY 111,291,724.78 in 2023, indicating a growth of 29.76%[13]. - The company reported a decrease in sales expenses to CNY 656,039,950.54 in 2024 from CNY 701,809,125.67 in 2023, a decline of 6.54%[13]. - The cash paid to employees in the first three quarters of 2024 was ¥583,836,070.49, an increase from ¥556,256,838.14 in the previous year[17]. - The cash paid for taxes in the first three quarters of 2024 was ¥270,049,779.57, compared to ¥258,005,444.10 in the same period of 2023[17]. Future Outlook - The company plans to focus on market expansion and new product development to drive future growth and improve financial performance[16].