西王食品(000639) - 2018 Q3 - 季度财报

Financial Performance - Total assets increased to ¥9,222,941,494.35, representing a 19.67% increase compared to the end of the previous year[8] - Net assets attributable to shareholders rose to ¥4,286,389,111.86, marking an 89.72% increase year-over-year[8] - Operating revenue for the period was ¥1,491,958,374.49, reflecting a 6.52% increase compared to the same period last year[8] - Net profit attributable to shareholders reached ¥125,211,139.18, a significant increase of 48.75% year-over-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥123,475,241.88, up 44.53% from the previous year[8] - Basic earnings per share decreased by 15.79% to ¥0.16, while diluted earnings per share also decreased by 15.79% to ¥0.16[8] - The weighted average return on net assets was 2.71%, down 0.41% from the previous year[8] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was ¥866,728,803.74, a remarkable increase of 633.32%[8] - Cash and cash equivalents increased by 780.19% to RMB 1,759,744,450.20 due to the completion of a targeted issuance[18] - Cash received from investment increased by 8170.50% to RMB 1,654,099,918.72, mainly due to funds received from targeted issuance[18] - Cash received from borrowings increased by 59.94% to RMB 399,860,000.00, reflecting an increase in borrowings[18] - Cash paid for debt repayment increased by 236.64% to RMB 1,429,688,421.09, primarily due to repayment of acquisition loans[18] Assets and Liabilities - Inventory decreased by 29.04% to RMB 659,466,225.47, indicating a reduction in stock levels[18] - Short-term loans decreased by 63.81% to RMB 399,860,000.00, primarily due to reduced borrowings after the completion of the targeted issuance[18] - Accounts payable increased by 64.20% to RMB 606,828,925.77, reflecting an increase in payable amounts[18] - Tax payable increased by 88.84% to RMB 45,773,488.24, mainly due to increased sales tax during the Mid-Autumn Festival[18] - Financial expenses decreased by 45.60% to RMB 100,555,588.46, attributed to a reduction in loan amounts[18] Accounting Adjustments and Subsidies - The company corrected accounting errors related to the acquisition of Kerr's remaining 20% equity, impacting financial liabilities and goodwill recognition[9] - The company reported government subsidies amounting to ¥15,000 during the reporting period[11] Related Party Transactions - The company reported no significant non-operational fund occupation by controlling shareholders or related parties during the reporting period[26]