YILI(SH:600887)2025-10-30 10:05Financial Performance - The company's operating revenue for the third quarter was CNY 28,563,801,435.51, a decrease of 1.63% compared to the same period last year[4]. - The total profit for the quarter was CNY 3,606,149,140.23, down 3.77% year-on-year[4]. - The net profit attributable to shareholders was CNY 3,225,625,005.13, reflecting a decline of 3.35% compared to the previous year[4]. - The basic earnings per share for the quarter was CNY 0.51, a decrease of 1.92% year-on-year[4]. - Total operating revenue for the first three quarters of 2025 reached ¥90.56 billion, a slight increase from ¥89.04 billion in the same period of 2024, representing a growth of approximately 1.7%[17]. - Net profit for the first three quarters of 2025 was ¥10.42 billion, compared to ¥10.90 billion in 2024, indicating a decrease of about 4.3%[18]. - Operating profit for the first three quarters of 2025 was ¥12.32 billion, slightly down from ¥12.50 billion in 2024, reflecting a decrease of around 1.5%[17]. - The total comprehensive income for the first three quarters of 2025 was ¥11.16 billion, compared to ¥10.80 billion in 2024, indicating an increase of about 3.3%[18]. - Basic earnings per share for the first three quarters of 2025 were ¥1.65, slightly down from ¥1.71 in 2024, reflecting a decrease of about 3.5%[18]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period decreased by 32.23%, amounting to CNY 9,399,863,342.62[4][7]. - The company experienced a significant decrease in cash received from sales, impacting the net cash flow from operating activities[7]. - Cash flow from operating activities for the first three quarters of 2025 was ¥9.40 billion, a significant decrease from ¥13.87 billion in 2024, representing a decline of about 32.5%[21]. - The net cash flow from investment activities was -15,609,791,873.63, a significant decrease compared to -5,076,062,812.82 from the previous period, indicating increased investment outflows[22]. - Cash inflow from financing activities totaled 152,860,917,055.23, while cash outflow was 158,251,039,299.71, resulting in a net cash flow of -5,390,122,244.48, slightly worse than -5,345,393,020.73 from the previous period[22]. - The company experienced a net cash outflow from financing activities of ¥10.20 billion in 2025, compared to a net outflow of ¥9.56 billion in 2024[29]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 152,726,359,994.44, a decrease of 0.65% from the end of the previous year[4]. - The company's current assets totaled RMB 67.66 billion, showing an increase from RMB 66.62 billion in the previous period[13]. - The company's total liabilities were RMB 92.48 billion, down from RMB 96.71 billion, reflecting a decrease of about 4.5%[14]. - Short-term borrowings increased to RMB 45.18 billion from RMB 36.35 billion, representing a rise of approximately 24.5%[14]. - The total assets increased to 143,021,438,411.37 from 133,370,151,846.58, reflecting a growth of approximately 7.3% year-over-year[24][25]. - Current assets rose to 54,314,693,266.71, up from 43,433,416,698.08, marking an increase of about 25%[24]. - The total liabilities reached 91,560,425,579.36, compared to 84,648,062,850.60, showing an increase of approximately 8.5%[25]. - The company's equity increased to 51,461,012,832.01 from 48,722,088,995.98, reflecting a growth of about 5%[25]. Research and Development - Research and development expenses increased to ¥627.68 million in 2025 from ¥556.31 million in 2024, marking an increase of approximately 12.8%[17]. - Research and development expenses increased to ¥526.18 million in the first three quarters of 2025, up from ¥481.43 million in 2024, marking a growth of 9.3%[27]. Shareholder Information - The top ten shareholders hold a combined total of 1,500,000,000 shares, representing approximately 23.73% of the total shares[9]. - The equity attributable to shareholders increased by 5.89% to CNY 56,310,618,404.84 compared to the end of the previous year[4]. - The total equity attributable to shareholders rose to RMB 56.31 billion from RMB 53.18 billion, marking an increase of about 5.4%[14]. Other Income and Expenses - Non-recurring gains and losses for the quarter totaled CNY 139,193,017.35, down from CNY 323,321,126.39 year-to-date[5]. - The company reported a decrease in sales expenses, which amounted to ¥16.55 billion in 2025 compared to ¥17.15 billion in 2024, a reduction of approximately 3.5%[17]. - The company reported a decrease in sales expenses to ¥14.09 billion in 2025 from ¥14.76 billion in 2024, a reduction of 4.5%[27]. - The company experienced a significant increase in other income, which rose to ¥741.99 million in 2025 from ¥734.38 million in 2024, a growth of approximately 1%[17]. - Total investment income for the first three quarters of 2025 was ¥3.94 billion, down from ¥5.89 billion in 2024, reflecting a decline of 33.2%[27]. Strategic Focus - The company continues to explore new product development and market expansion strategies to enhance its competitive position in the industry[15]. - The company's net profit for the first nine months of 2025 is yet to be disclosed, but previous trends indicate a focus on maintaining profitability amidst market fluctuations[15]. Accounting Standards - The company has not adopted new accounting standards for the year 2025[30].