雪天盐业(600929) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,140,126,223.04, a decrease of 23.17% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥10,132,119.90, down 93.97% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥5,865,497.24, a decline of 96.39% compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.0061, a decrease of 94.20% year-on-year[4] - The diluted earnings per share for Q3 2024 was also ¥0.0061, reflecting the same percentage decrease of 94.20%[4] - The weighted average return on equity for Q3 2024 was 0.13%, a decrease of 2.31 percentage points compared to the previous year[4] - The net profit attributable to shareholders for the year-to-date was ¥338,736,667.17, a decrease of 32.39% compared to the same period last year[2] - The company reported a significant decline in profitability due to a substantial drop in market prices for some of its main products[7] - Total revenue for the first three quarters of 2024 was CNY 4,158,019,658.36, a decrease of 5.95% compared to CNY 4,422,230,640.89 in the same period of 2023[16] - The company reported a net profit margin of approximately 7.00% for the first three quarters of 2024, down from 7.00% in the previous year[16] - The company reported a decrease in total profit to ¥385,191,827.22 from ¥610,004,209.91, marking a decline of 36.9% year-over-year[17] - Earnings per share (EPS) decreased to ¥0.2042 from ¥0.3310, reflecting a decline of 38.3%[18] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥11,396,498,568.89, an increase of 1.66% from the end of the previous year[4] - The company's total assets reached CNY 11,396,498,568.89, up from CNY 11,210,705,158.46 year-over-year[14] - Current liabilities decreased to CNY 2,562,185,712.95 from CNY 2,739,378,985.41, indicating improved liquidity management[14] - Non-current liabilities increased to CNY 597,194,167.41 from CNY 296,926,544.69, suggesting potential long-term financing activities[14] - The company's equity attributable to shareholders rose to CNY 7,675,712,224.91 from CNY 7,655,381,576.23, indicating stable shareholder value[15] - Inventory levels slightly decreased to CNY 425,495,336.83 from CNY 429,627,988.11, reflecting effective inventory management[13] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥443,395,520.61, down 37.65% year-on-year[2] - Cash flow from operating activities netted ¥443,395,520.61, a decrease of 37.7% compared to ¥711,092,548.75 in the previous year[20] - Investment activities resulted in a net cash outflow of ¥550,644,649.93, compared to a larger outflow of ¥773,752,832.20 in the same period last year[20] - Financing activities generated a net cash outflow of ¥107,232,321.83, contrasting with a net inflow of ¥1,034,473,191.03 in the previous year[21] - The cash and cash equivalents at the end of the period stood at ¥2,082,356,201.43, down from ¥2,224,722,797.05 at the end of the previous year[21] - The company reported cash and cash equivalents of ¥2,145,272,637.17 as of September 30, 2024, down from ¥2,359,801,212.11 at the end of 2023[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,127[9] - The largest shareholder, Hunan Salt Industry Group Co., Ltd., holds 481,784,250 shares, accounting for 29.05% of total shares[9] - The second-largest shareholder, Qingsalt - CITIC Jianxin Securities - 23 Qingsalt E1, holds 400,000,000 shares, representing 24.12%[9] - The number of shares held by the top ten shareholders includes significant stakes from various entities, with the top three holding over 58% combined[10] - Hunan Qingsalt Venture Capital Management Co., Ltd. is a wholly-owned subsidiary of Hunan Salt Industry Group Co., Ltd., indicating a close relationship among major shareholders[10] - The total number of shares held by shareholders with unrestricted sales conditions includes 400,000,000 shares from Qingsalt - CITIC Jianxin Securities[10] - The company has not reported any significant changes in shareholder relationships or actions that would affect the voting rights of shares[11] Operational Insights - The company has not disclosed any significant operational issues or reminders for investors during the reporting period[12] - The financial statements are unaudited, indicating that the figures may be subject to change upon final audit[12] - The company plans to focus on market expansion and new product development in the upcoming quarters[16] - Research and development expenses increased, indicating a commitment to innovation and technology advancement[16] - R&D expenses increased to ¥172,751,618.18 from ¥159,895,843.70, representing an 8.3% increase year-over-year[17] - Financial expenses rose significantly to ¥1,215,501.16 from ¥13,920.28, with interest expenses increasing to ¥15,301,445.31 from ¥7,484,220.01[17] Reporting and Future Outlook - The report was released on October 30, 2024, indicating timely communication of financial performance[22] - The company has adopted new accounting standards starting in 2024, which may affect the financial statements from the beginning of the year[22] - The company is committed to transparency in its financial reporting, as evidenced by the announcement regarding the new accounting standards[22] - There are no specific performance metrics or user data provided in the document, indicating a potential lack of detailed financial insights in this report[22] - Future outlook and performance guidance are not detailed in the document, suggesting a need for further information in subsequent reports[22] - No new products or technologies were mentioned, indicating a possible focus on existing offerings[22] - There is no mention of market expansion or acquisitions, which may imply a stable operational strategy for the time being[22] - The document does not provide any new strategic initiatives, highlighting a potential area for future development[22] - The financial report is concise, with only essential information presented, which may limit in-depth analysis[22] - Overall, the document serves as a formal announcement rather than a comprehensive financial performance review[22]