益生股份(002458) - 2024 Q3 - 季度财报

Financial Performance - Q3 2024 revenue was CNY 777,859,700.66, a decrease of 3.36% year-over-year, while year-to-date revenue reached CNY 2,153,706,856.96, down 18.98% compared to the previous year[2]. - Net profit attributable to shareholders for Q3 2024 was CNY 117,587,828.55, a decline of 0.94% year-over-year, and year-to-date net profit was CNY 300,540,531.72, down 56.04%[2]. - Basic earnings per share for Q3 2024 was CNY 0.11, representing an 8.33% decrease compared to the same period last year, while year-to-date basic earnings per share dropped 60.87% to CNY 0.27[2]. - Net profit for the first nine months of 2024 decreased by 56.80% to ¥302,543,142.42 compared to ¥700,317,936.04 in 2023[6]. - Total profit for the first nine months of 2024 decreased by 56.36% to ¥304,654,643.58 from ¥698,082,982.21 in 2023[6]. - Net profit for Q3 2024 was CNY 302,543,142.42, a decrease from CNY 700,317,936.04 in Q3 2023, representing a decline of approximately 56.8%[13]. - Basic and diluted earnings per share for Q3 2024 were both CNY 0.27, compared to CNY 0.69 in Q3 2023, reflecting a decrease of approximately 60.9%[14]. Assets and Liabilities - Total assets as of September 30, 2024, were CNY 7,193,550,528.87, an increase of 9.41% from the end of the previous year[2]. - Current assets increased to ¥1,853,850,748.74 from ¥1,456,211,327.39, indicating improved liquidity[11]. - Total liabilities rose to ¥2,678,224,804.60, compared to ¥2,036,653,687.12, suggesting increased leverage[12]. - Non-current assets totaled ¥5,339,699,780.13, up from ¥5,118,783,363.67, indicating ongoing investment in long-term growth[11]. - The total assets reached ¥7,193,550,528.87, compared to ¥6,574,994,691.06, showing overall growth in the asset base[12]. Cash Flow and Financial Management - Cash flow from operating activities for the year-to-date period was CNY 430,164,382.12, down 57.51% compared to the previous year[2]. - Cash flow from operating activities for Q3 2024 was CNY 430,164,382.12, significantly lower than CNY 1,012,503,655.63 in Q3 2023, a decrease of approximately 57.5%[16]. - Cash and cash equivalents amount to 1,274,541,383.91 RMB, an increase from 909,287,212.92 RMB in the previous period[10]. - Cash and cash equivalents at the end of Q3 2024 totaled CNY 971,360,420.76, up from CNY 167,677,559.03 at the end of Q3 2023, an increase of approximately 479.5%[16]. - Cash received from borrowings increased by 147.86% to ¥1,514,176,972.26 compared to ¥610,888,905.82 in 2023[6]. - Cash paid for dividends and interest increased by 648.10% to ¥235,112,588.57 from ¥31,427,999.36 in 2023[6]. Operational Efficiency - Total operating costs for Q3 2024 were ¥1,808,321,787.77, down from ¥1,921,201,465.95, reflecting a cost reduction strategy[12]. - The company is focusing on cost management and efficiency improvements to enhance profitability in the upcoming quarters[12]. - Financial expenses decreased by 55.32% to ¥24,643,267.37 due to a reduction in bank loan interest and an increase in interest income from deposits[6]. - Financial expenses decreased to CNY 24,643,267.37 in Q3 2024 from CNY 55,155,884.16 in Q3 2023, a reduction of about 55.3%[13]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 50,035, with the top 10 shareholders holding 40.82% of the shares[7]. - The company has repurchased a total of 5,025,500 shares, accounting for 0.45% of the total share capital, with an average transaction price of 8.16 RMB per share[9]. - The company’s largest shareholder, Cao Jisheng, holds 40.82% of the shares, with 208,185,000 shares pledged[7]. - The top 10 shareholders include Jinan Taihao Investment Partnership, holding 3.10% of the shares[7]. Investment and Development - Research and development expenses increased to CNY 83,423,401.31 in Q3 2024, up from CNY 75,109,414.40 in Q3 2023, reflecting a growth of about 11.0%[13]. - The company incurred an investment loss of CNY 24,542,262.18 in Q3 2024, compared to a loss of CNY 15,678,646.42 in Q3 2023, indicating a worsening of approximately 56.5%[13]. Miscellaneous - The company conducted a stock buyback, resulting in the creation of treasury shares amounting to CNY 40,994,522.90[5]. - The third quarter report for 2024 is unaudited[17].