巨星农牧(603477) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥1,921,977,746, an increase of 11.57% compared to the same period last year[4] - The total profit for the third quarter was a loss of ¥65,746,240, representing a decrease of 121.63% year-on-year[4] - The net profit attributable to shareholders for the third quarter was a loss of ¥74,019,429, down 124.32% from the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the third quarter was a loss of ¥93,623,007, a decrease of 131.69% year-on-year[4] - The basic earnings per share for the third quarter was -¥0.15, a decrease of 125.00% compared to the same period last year[5] - The diluted earnings per share for the third quarter was also -¥0.15, reflecting a decrease of 125.86% year-on-year[5] - Net profit for the first three quarters of 2025 was CNY 112,555,677.35, a decrease of 57.7% compared to CNY 265,666,663.73 in the same period of 2024[23] - The company reported total comprehensive income attributable to the parent company of CNY 119,992,814.26 for the current period, down from CNY 259,474,837.16 in the previous period, reflecting a decrease of approximately 53.8%[24] - The basic and diluted earnings per share for the current period were both CNY 0.21, compared to CNY 0.51 in the previous period, marking a decline of about 58.8%[24] Cash Flow and Assets - The cash flow from operating activities for the year-to-date period was ¥970,242,270, an increase of 65.89% compared to the previous year[5] - As of September 30, 2025, cash and cash equivalents amount to 616,319,819.80 RMB, an increase from 576,863,694.94 RMB at the end of 2024[17] - The company's cash and cash equivalents at the end of the third quarter of 2025 stood at CNY 368,604,190.57, a decrease from CNY 401,535,441.55 at the beginning of the period[29] - In the first three quarters of 2025, the company generated cash inflows from operating activities amounting to CNY 6,258,199,257.46, a significant increase from CNY 3,869,696,445.06 in the same period of 2024, representing a growth of approximately 61.5%[26] - The net cash flow from operating activities for the first three quarters of 2025 was CNY 970,242,269.62, compared to CNY 584,865,177.09 in 2024, indicating an increase of about 65.9%[27] - Cash inflows from other operating activities amounted to CNY 579,602,239.87 in the first three quarters of 2025, compared to CNY 147,662,821.22 in 2024, indicating a substantial increase of about 292.5%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,712[12] - Sichuan Juxing Enterprise Group Co., Ltd. holds 29.86% of shares, with 152,289,646 shares pledged[12] - Sichuan Hebang Investment Group Co., Ltd. owns 14.34% of shares, totaling 73,148,802 shares, also pledged[12] - The company completed a share buyback of 4,773,900 shares, accounting for 0.94% of total share capital, with a total expenditure of 99,988,226.04 RMB[14] - The company plans to increase its shareholding by at least 50 million RMB within 12 months, with a maximum holding of 30% of total share capital[15] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥9,704,576,904, an increase of 10.73% from the end of the previous year[5] - The company's total assets increased to CNY 9,704,576,903.50, up from CNY 8,764,113,124.65 year-over-year[20] - Total liabilities rose to CNY 6,465,332,433.32, compared to CNY 5,425,519,656.18 in the previous year, reflecting an increase of 19.2%[19] - The company’s total equity decreased to CNY 3,239,244,470.18 from CNY 3,338,593,468.47, reflecting a decline of 3% year-over-year[20] Investments and Expenses - Research and development expenses for the first three quarters of 2025 were CNY 36,370,422.23, an increase of 21.8% from CNY 29,902,608.07 in the same period of 2024[22] - The company reported a significant increase in inventory, which reached CNY 2,774,855,169.43, compared to CNY 2,092,577,839.97 in the previous year, marking a growth of 32.6%[20] - Long-term equity investments increased to CNY 10,811,710.11, up from CNY 9,770,535.26, indicating a growth of 10.6%[20] Financing Activities - Cash outflows from investing activities in the first three quarters of 2025 totaled CNY 916,503,614.98, compared to CNY 778,956,744.28 in 2024, representing an increase of approximately 17.7%[27] - The net cash flow from financing activities for the first three quarters of 2025 was negative CNY 432,798,685.12, compared to negative CNY 64,578,406.41 in 2024, indicating a worsening of cash flow by approximately 572.5%[29] - The company reported a total cash outflow of CNY 2,168,572,257.59 from financing activities in the first three quarters of 2025, compared to CNY 1,599,308,755.42 in 2024, representing an increase of approximately 35.7%[29] - The company received CNY 1,552,698,454.42 in cash from borrowings during the first three quarters of 2025, an increase from CNY 1,034,499,359.99 in the same period of 2024, reflecting a growth of approximately 50%[27]