京基智农(000048) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥1,894,843,855.79, representing a 42.90% increase compared to the same period last year[2]. - Net profit attributable to shareholders was ¥366,346,588.48, a significant increase of 1,469.83% year-on-year[2]. - The net profit excluding non-recurring items was ¥370,413,878.47, showing a staggering increase of 29,573.77% compared to the previous year[2]. - The company reported a net profit margin improvement, with net profit for the period reflecting a significant recovery compared to previous quarters[14]. - The net profit for Q3 2024 is CNY 617,645,943.71, a decrease of 51.4% compared to CNY 1,270,830,166.52 in Q3 2023[15]. - The company reported a total comprehensive income of CNY 617,820,827.34, compared to CNY 1,269,869,688.28 in Q3 2023, indicating a decrease of 51.4%[16]. - Basic earnings per share for Q3 2024 is CNY 1.1562, down from CNY 2.4042 in Q3 2023[16]. Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥11,114,931,393.06, reflecting an 8.35% decrease from the end of the previous year[2]. - The total assets decreased to CNY 11,114,931,393.06 from CNY 12,127,949,064.02, a decline of about 8.4%[13]. - Total liabilities decreased to CNY 6,919,885,410.56 from CNY 8,220,893,896.09, representing a reduction of approximately 15.9%[13]. - The equity attributable to shareholders increased to CNY 4,140,199,040.65 from CNY 3,852,734,738.27, showing an increase of about 7.5%[13]. Cash Flow and Expenses - The company's cash and cash equivalents decreased to ¥906,270,959.02 from ¥1,106,729,723.96, representing a decline of approximately 18.1%[11]. - The cash flow from operating activities shows a net increase of CNY 635,779,720.24, a significant recovery from a negative cash flow of CNY -580,236,719.45 in the same period last year[17]. - The company incurred a total operating expenses of CNY 3,845,354,705.87, down from CNY 5,838,798,723.46 in the previous year, reflecting a reduction of 34.1%[17]. - The company’s financial expenses increased by 31.59% to ¥89,050,596.72, mainly due to higher borrowing interest and guarantee fees[6]. - Investment activities resulted in a net cash outflow of CNY -149,941,129.64, compared to CNY -840,536,090.75 in the same period last year[18]. - Financing activities generated a net cash outflow of CNY -680,119,713.10, contrasting with a net inflow of CNY 247,472,712.67 in Q3 2023[18]. Inventory and Receivables - Accounts receivable increased by 346.87% to ¥123,644,558.18 due to increased sales of feed[5]. - Inventory decreased by 41.00% to ¥1,694,823,876.54, primarily due to the transfer of hotel property to fixed assets[5]. - Other receivables decreased to ¥24,050,031.91 from ¥40,555,530.79, a decline of approximately 40.6%[11]. - Accounts receivable increased significantly to ¥123,644,558.18 from ¥27,669,272.42, marking an increase of approximately 347.5%[11]. - Inventory decreased to ¥1,694,823,876.54 from ¥2,872,707,801.35, reflecting a reduction of about 41.2%[11]. Shareholder Information - The company reported a total of 156,183,392 shares held by Shenzhen Jinke Times Industrial Co., Ltd., which is the largest shareholder[10]. - The second-largest shareholder, Jinke Group Co., Ltd., holds 146,867,557 shares[10]. - The company has a total of 26,162,000 shares held by the Pengcheng Wanli Value No. 2 Private Securities Investment Fund[10]. Strategic Initiatives - The company has engaged in strategic partnerships to enhance market expansion and product development[10]. - The company is focusing on new product development and technological advancements to drive future growth[10]. - The company has outlined its performance guidance for the upcoming quarters, indicating a positive outlook[10]. - The company plans to continue its strategic investments in long-term assets, particularly in fixed assets and biological assets, to support future growth[12]. - The company is actively exploring potential mergers and acquisitions to strengthen its market position and diversify its portfolio[14].