燕塘乳业(002732) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥450,530,073.15, a decrease of 13.10% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was ¥24,893,906.51, down 44.30% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥25,926,928.21, a decrease of 40.41% compared to the previous year[3] - Basic earnings per share for Q3 2024 were ¥0.16, down 42.86% year-on-year[3] - Total operating revenue for Q3 2024 was CNY 1,303,139,402.26, a decrease of 12.0% from CNY 1,481,278,105.64 in the same period last year[22] - Net profit for Q3 2024 was CNY 99,526,755.83, a decline of 37.6% compared to CNY 159,540,363.21 in Q3 2023[22] - The total profit for Q3 2024 was approximately ¥93.12 million, a decrease of 40.5% compared to ¥156.26 million in Q3 2023[23] - Net profit attributable to shareholders of the parent company was approximately ¥81.17 million, down 43.3% from ¥143.03 million in the same period last year[23] Cash Flow and Assets - The operating cash flow for the year-to-date period was ¥93,901,086.50, reflecting a significant decline of 60.66%[3] - The company's cash and cash equivalents decreased to CNY 371,254.84 from CNY 766,576.13, a drop of 51.6%[20] - The cash and cash equivalents at the end of Q3 2024 amounted to approximately ¥292.84 million, an increase from ¥246.78 million at the end of Q3 2023[25] - The company reported a decrease in operating cash inflow to approximately ¥1.45 billion, down 10.9% from ¥1.63 billion in the previous year[24] - Total assets at the end of Q3 2024 were ¥1,877,592,810.99, a decrease of 3.22% from the end of the previous year[3] - The company's total assets decreased to CNY 1,877,592,810.99 from CNY 1,939,977,862.27, reflecting a reduction of 3.2%[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,482, with the largest shareholder, Guangdong Yantang Investment Co., Ltd., holding 40.97% of shares, equating to 64,465,743 shares[9] - The top three shareholders hold a combined 57.69% of the shares, indicating a significant concentration of ownership[9] - The company has not reported any changes in the shareholding status of the top ten shareholders due to securities lending or borrowing activities[10] Expenses and Liabilities - Total operating costs for Q3 2024 were CNY 1,207,799,067.36, down 8.4% from CNY 1,318,134,038.77 year-over-year[22] - The company incurred operating expenses of approximately ¥1.36 billion, a slight decrease of 2.3% from ¥1.39 billion in Q3 2023[24] - Total liabilities decreased to CNY 403,883,817.64 from CNY 522,556,923.33, a decline of 22.7%[21] Investments and Projects - The company approved the investment in the "Guangdong Agricultural Reclamation Smart Logistics Center Project" and a modern dairy processing plant with a daily capacity of 600 tons[15] - The company plans to establish an urban dairy industry cluster project, which was approved in the board meetings held on April 2 and April 26, 2024[14] - The company plans to purchase office properties from Guangzhou Guangken Real Estate Co., Ltd. for no more than 94.64 million RMB, including tax, as part of its strategic expansion[11] Related Party Transactions - Guangdong Yantang Investment Co., Ltd., Guangdong Yueken Investment Co., Ltd., and Guangdong Zhanjiang Agricultural Reclamation Group Co., Ltd. are identified as related parties and act in concert as they are all controlled by the Guangdong Agricultural Reclamation Group[10] - The company has engaged in daily transactions with related parties, including procurement of raw materials and leasing of properties, which are within the expected range of transactions[11] Other Information - The company has not disclosed any new product or technology developments in the current reporting period[12] - There are no significant mergers or acquisitions reported in the current quarter[12] - The company has completed the deregistration of Guangdong Yantang Feed Biotechnology Co., Ltd. on August 19, 2024[17] - The company intends to purchase liability insurance for independent directors to enhance their ability to perform their duties[16]