山西汾酒(600809) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥8,960,447,604.09, representing a year-on-year increase of 4.05%[4] - The total profit for the quarter was ¥3,971,035,642.55, showing a slight increase of 0.85% compared to the same period last year[4] - The net profit attributable to shareholders was ¥2,899,431,789.53, which is a decrease of 1.38% year-on-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥32.92 billion, an increase of 4.99% compared to ¥31.36 billion in the same period of 2024[19] - Net profit for the first three quarters of 2025 was ¥11.45 billion, a slight increase of 0.78% from ¥11.36 billion in 2024[20] - The company reported a total profit of ¥15.41 billion for the first three quarters of 2025, compared to ¥15.24 billion in 2024, reflecting a growth of 1.16%[20] Cash Flow and Assets - The cash flow from operating activities for the year-to-date period was ¥8,982,107,362.78, reflecting a decrease of 21.45% compared to the previous year[5] - Cash flow from operating activities generated a net amount of ¥8.98 billion, down 21.43% from ¥11.43 billion in 2024[22] - Cash flow from investment activities showed a net inflow of ¥3.76 billion, significantly up from ¥1.40 billion in the previous year[23] - Cash and cash equivalents at the end of the period totaled ¥11.28 billion, an increase from ¥10.93 billion at the end of 2024[23] - The company's cash and cash equivalents increased significantly to RMB 11.31 billion from RMB 6.28 billion, representing a growth of approximately 80.45%[14] - Total assets at the end of the reporting period amounted to ¥54,550,849,056.82, an increase of 1.97% from the end of the previous year[5] Shareholder Equity - The equity attributable to shareholders increased by 11.58% year-on-year, reaching ¥38,779,847,796.72[5] - The equity attributable to shareholders increased to RMB 38.78 billion from RMB 34.75 billion, reflecting a growth of approximately 11.5%[16] - The total number of ordinary shareholders at the end of the reporting period was 79,985[9] Costs and Expenses - Total operating costs increased to ¥17.63 billion, up 8.33% from ¥16.28 billion year-over-year[19] - Tax expenses for the first three quarters of 2025 were ¥3.96 billion, an increase from ¥3.88 billion in the same period last year[20] - The company's research and development expenses increased to ¥122.47 million, up from ¥101.72 million in 2024, indicating a focus on innovation[19] Other Financial Metrics - The basic earnings per share for the quarter was ¥2.38, down by 1.24% from the same period last year[5] - Earnings per share for the first three quarters of 2025 was ¥9.35, compared to ¥9.30 in the same period last year[20] - The weighted average return on equity for the quarter was 8.05%, an increase of 1.17 percentage points year-on-year[5] Changes in Liabilities and Investments - Total liabilities decreased to RMB 15.27 billion from RMB 18.29 billion, a reduction of approximately 16.5%[16] - The long-term equity investments increased to RMB 110.72 million from RMB 95.60 million, a growth of approximately 15.77%[14] - The company reported a significant increase in other receivables, which decreased to RMB 19.88 million from RMB 33.12 million, indicating a reduction of approximately 40.06%[14] Accounting Standards - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of the year[24]