苏垦农发(601952) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was CNY 2,220,332,878.97, a decrease of 7.31% compared to the same period last year[4] - The total profit for the period was CNY 103,458,766.70, down 41.21% year-on-year[4] - The net profit attributable to shareholders was CNY 90,794,148.73, reflecting a decline of 43.71% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 69,363,053.53, a decrease of 54.30% year-on-year[4] - The basic earnings per share for the period was CNY 0.07, down 41.67% from the same period last year[5] - Total operating revenue for the first three quarters of 2025 was CNY 6,808,510,118.70, a decrease of 8.6% compared to CNY 7,451,957,523.48 in the same period of 2024[22] - Net profit for the first three quarters of 2025 was CNY 315,917,744.54, a decline of 33.4% compared to CNY 474,035,790.88 in 2024[24] - Operating profit for the first three quarters of 2025 was CNY 334,665,387.67, down 33.7% from CNY 505,296,483.63 in 2024[23] - Earnings per share for the first three quarters of 2025 was CNY 0.22, compared to CNY 0.33 in the same period of 2024[24] Assets and Liabilities - The total assets at the end of the period were CNY 14,507,246,985.94, an increase of 0.64% from the end of the previous year[5] - As of September 30, 2025, the total assets of Jiangsu Province Agricultural Development Co., Ltd. amounted to CNY 14,507,246,985.94, an increase from CNY 14,415,326,764.59 as of December 31, 2024[17] - The company's current assets totaled CNY 7,918,208,126.71, compared to CNY 7,667,577,645.89 in the previous year, reflecting a growth of approximately 3.26%[18] - The total liabilities reached CNY 2,802,394,824.61, compared to CNY 2,395,688,324.18 in the previous year, representing an increase of approximately 16.93%[19] - Total liabilities as of the end of the reporting period were CNY 7,458,039,819.70, an increase from CNY 7,132,417,342.89[20] - Total equity attributable to shareholders was CNY 6,793,014,315.17, a decrease from CNY 6,864,489,746.76 in the previous year[20] Cash Flow - The company reported a net cash flow from operating activities of CNY 787,831,015.91, an increase of 113.73% year-on-year[4] - Cash flow from operating activities for the first three quarters of 2025 was CNY 787,831,015.91, an increase from CNY 368,605,680.77 in 2024[25] - Net cash flow from investment activities was 204,965,542.03, a decrease from 603,045,870.32 in the previous period, indicating a decline of approximately 66.0%[26] - Total cash inflow from investment activities was 5,502,305,631.13, down from 8,401,906,654.96, representing a decrease of about 34.5%[26] - Cash outflow from financing activities totaled 1,002,442,136.31, compared to 900,073,956.80 in the previous period, showing an increase of approximately 11.5%[26] - Net cash flow from financing activities was -902,524,898.20, worsening from -803,817,782.80, reflecting a decline of around 12.5%[26] - The ending balance of cash and cash equivalents was 702,873,221.07, down from 782,322,439.09, indicating a decrease of about 10.2%[26] - Cash received from loans was 99,917,238.11, slightly up from 96,256,174.00, marking an increase of approximately 2.8%[26] - Cash paid for dividends and interest was 289,380,000.00, down from 416,367,074.72, representing a decrease of about 30.5%[26] - Cash paid for the acquisition of fixed assets was 348,114,718.21, compared to 456,830,955.86 in the previous period, indicating a decrease of approximately 23.7%[26] Production and Sales - The production volume of self-produced wheat was 64.25 million tons, with a sales volume of 29.30 million tons, reflecting a production increase of 0.79% year-on-year[12] - The sales volume of rice increased by 61.24% year-on-year, reaching 13.44 million tons[12] Equity and Investments - The company's total equity increased to CNY 11,704,852,161.33, up from CNY 11,019,638,440.41, indicating a growth of about 6.22%[19] - The company's long-term equity investments remained stable at CNY 3,500,560.35, unchanged from the previous year[18] - The total non-current assets were reported at CNY 6,589,038,859.23, a decrease from CNY 6,747,749,118.70, reflecting a decline of approximately 2.35%[19] Accounting Standards - The company will not apply new accounting standards starting from 2025[27]