恒顺醋业(600305) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2024 reached ¥526,695,200.15, an increase of 5.64% compared to the same period last year[2] - Net profit attributable to shareholders was ¥26,454,510.67, up 79.99% year-on-year[2] - Net profit excluding non-recurring items for the period was ¥24,184,026.19, reflecting a 75.35% increase compared to the previous year[2] - Total operating revenue for the first three quarters of 2024 was CNY 1,531,184,186.88, a decrease of 6.5% compared to CNY 1,637,881,115.19 in the same period of 2023[15] - Net profit for the third quarter of 2024 was CNY 116,204,650.78, compared to CNY 132,829,274.35 in the same quarter of 2023, indicating a decline of 12.6%[17] - The net profit attributable to the parent company for Q3 2024 is CNY 120,139,238.22, a decrease of 13.1% compared to CNY 138,223,657.99 in Q3 2023[18] - The net profit for the first three quarters of 2024 was CNY 92,922,629.88, down from CNY 127,604,253.37 in the first three quarters of 2023, representing a decline of 27.2%[23] Cash Flow - Cash flow from operating activities for the year-to-date was ¥289,056,585.24, an increase of 89.57%[3] - Cash flow from operating activities for the first three quarters of 2024 is CNY 289,056,585.24, an increase of 89.5% from CNY 152,480,196.02 in the same period of 2023[19] - The cash inflow from operating activities totaled CNY 1,563,692,296.66, down from CNY 1,689,862,138.77 in the previous year, showing a decrease of 7.5%[25] - The cash flow from financing activities for Q3 2024 shows a net outflow of CNY -54,576,514.03, compared to a net inflow of CNY 963,303,076.48 in Q3 2023[20] - In the first three quarters of 2024, the net cash flow from operating activities was CNY 234,713,533.43, an increase of 43.7% compared to CNY 163,278,425.45 in the same period of 2023[25] Assets and Liabilities - Total assets at the end of the period amounted to ¥4,146,617,308.57, representing a 2.31% increase from the end of the previous year[3] - The total assets as of the end of the third quarter of 2024 were CNY 4,146,617,308.57, compared to CNY 4,053,131,840.29 at the end of the third quarter of 2023, showing an increase of 2.3%[14] - Total liabilities increased to CNY 790,959,808.09 in the third quarter of 2024, up from CNY 715,820,746.48 in 2023, reflecting an increase of 10.5%[14] - The company's total liabilities increased to CNY 645,808,033.76 in Q3 2024, up from CNY 614,778,869.12 in Q3 2023, which is an increase of 5.1%[22] - The company's total assets as of September 30, 2024, were CNY 3,695,915,267.26, down from CNY 3,730,000,000.00 at the end of 2023[12] Shareholder Information - The major shareholder, Jiangsu Hengshun Group Co., Ltd., holds 40.36% of the shares, with 85,760,000 shares pledged[7] - The company has no known related party transactions among its major shareholders, ensuring independent operations[8] - The company repurchased a total of 6,009,800 shares, reducing the total share capital from 1,112,956,032 shares to 1,108,943,608 shares[8] Inventory and Expenses - The inventory level decreased to CNY 202,290,842.72 from CNY 278,378,817.97, representing a significant reduction of approximately 27%[12] - Research and development expenses increased to CNY 69,215,872.25 in the third quarter of 2024, up from CNY 62,127,646.92 in 2023, representing an increase of 11.1%[17] - The company reported a decrease in sales expenses to CNY 266,199,995.87 in the third quarter of 2024 from CNY 225,217,433.50 in 2023, indicating an increase of 18.2%[17] - The company paid CNY 848,651,324.48 for purchasing goods and services, a decrease of 14.2% from CNY 988,677,515.88 in the same period of 2023[25] - The cash outflow for employee payments was CNY 175,149,629.90, down from CNY 191,936,427.72, reflecting a decrease of 8.8%[25] Other Income and Gains - Non-recurring gains for the period totaled ¥2,270,484.48, with government subsidies and fair value changes of financial assets contributing positively[4] - The company reported a significant increase in other income to CNY 10,148,349.15 in the first three quarters of 2024, compared to CNY 3,252,530.22 in the same period of 2023, representing a growth of 211.5%[23]