一心堂(002727) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥4,284,357,170.93, representing a 3.55% increase year-over-year[3] - The net profit attributable to shareholders for Q3 2024 was ¥10,599,104.37, a significant decrease of 94.16% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥45,250,143.94, down 74.00% year-over-year[3] - The basic earnings per share for Q3 2024 was ¥0.0178, down 94.16% year-over-year[3] - The company's net profit for Q3 2024 was CNY 306,673,555.30, a decrease of 55.7% compared to CNY 691,803,292.07 in the same period last year[24] - The total operating income for the period was CNY 401,166,621.00, down from CNY 786,496,404.26 year-over-year[24] - The operating profit margin for the quarter was approximately 3.1%, down from 6.1% in the previous year[24] - The company’s total comprehensive income for the period was CNY 306,673,555.30, compared to CNY 691,886,329.28 in the previous year, indicating a significant drop[24] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥17,130,912,392.93, reflecting a 2.90% increase from the end of the previous year[3] - The total liabilities of the company increased to ¥9,261,487,503.16 from ¥8,770,358,705.17, representing a growth of about 5.59%[21] - The total equity attributable to shareholders was ¥7,693,420,705.32, a slight decrease of 0.68% from the previous year-end[3] - Cash and cash equivalents decreased to ¥3,236,134,814.24 from ¥3,675,634,469.23, a decline of approximately 11.97%[21] - Cash and cash equivalents at the end of the period stood at CNY 2,539,895,571.42, down from CNY 2,813,093,270.60 year-over-year[26] Cash Flow - The company reported a net cash flow from operating activities of ¥1,240,746,217.23, which decreased by 7.46% year-to-date[3] - Cash flow from operating activities increased to CNY 13,165,397,205.14, compared to CNY 12,459,421,828.66 in the previous year, reflecting a growth of 5.7%[25] - The company reported a net cash outflow from investing activities of CNY -378,238,788.21, worsening from CNY -299,041,778.59 in the prior year[25] - The company’s cash flow from financing activities showed a net outflow of CNY -1,309,261,172.78, compared to CNY -1,088,472,486.02 in the same period last year[26] Shareholder Information - The total number of common shareholders at the end of the reporting period was 37,591[12] - The largest shareholder, Ruan Hongxian, holds 30.58% of the shares, totaling 182,245,290 shares[12] - The top 10 shareholders hold a total of 45,561,323 shares, representing a significant portion of the company's equity[13] - The company has not disclosed any related party relationships among the top 10 shareholders[14] - The company has not engaged in any share lending activities as of the end of the reporting period[14] Store Expansion - As of September 30, 2024, the total number of stores reached 11,516, with 1,694 new stores opened during the quarter[16] - The company has opened 347 new stores in Yunnan Province, bringing the total to 5,574 stores in that region[16] - In Sichuan Province, 415 new stores were opened, increasing the total to 1,991 stores[16] Research and Development - Development expenditures surged by 328.85% to ¥25,856,716.83, reflecting increased R&D spending by subsidiaries[8] - Research and development expenses for the quarter were ¥7,987,468.83, slightly up from ¥7,649,444.02, indicating a year-over-year increase of about 4.43%[23] Financial Activities - The company repurchased a total of 8,681,300 shares, accounting for 1.4566% of the total share capital, with a total transaction amount of approximately RMB 110.65 million[17] - The maximum repurchase price was RMB 14.40 per share, while the minimum was RMB 10.91 per share, remaining below the proposed upper limit of RMB 30.63 per share[17] - The company plans to use its own funds for the share repurchase, with a total repurchase budget set between RMB 80 million and RMB 150 million[17] Non-Recurring Items - Non-recurring losses included a tax penalty of ¥50,489,527.01, attributed to tax guidance received from local tax authorities[7] - The company reported a total tax and late fees of RMB 50,489,527.01, which has been accounted for in Q3 2024[19] Other Financial Metrics - The weighted average return on equity for Q3 2024 was 0.18%, a decrease of 2.22% compared to the same period last year[3] - Accounts receivable increased by 73.12% to ¥186,175,649.52 due to the endorsement of bank acceptance bills[8] - Financing receivables rose by 190.49% to ¥31,048,199.76 as the balance of low-risk bank acceptance bills increased[8] - Financial expenses increased by 87.10% to ¥72,719,178.04, attributed to reduced interest income and increased leasing costs from new store openings[9] - Non-operating income rose by 78.44% to ¥2,950,313.06, driven by an increase in other non-operating income[9] - Cash received from investment returns skyrocketed by 3045.81% to ¥21,000,000.00, due to interest from recovered time deposits[10] - Cash paid for investments decreased by 58.52% to ¥4,250,000.00, indicating reduced external equity investments[10]