五粮液(000858) - 2025 Q3 - 季度财报

Revenue and Profit - The company's revenue for the third quarter was ¥8,174,336,700.05, a decrease of 52.66% compared to the same period last year[3] - Net profit attributable to shareholders was ¥2,019,334,151.76, down 65.62% year-on-year[3] - Basic earnings per share decreased to ¥0.520, a decline of 65.63% compared to ¥1.513 in the same quarter last year[6] - Total operating revenue decreased to ¥60,945,321,083.57 from ¥67,915,580,112.25, representing a decline of approximately 8.8% year-over-year[15] - Operating profit fell to ¥29,474,797,808.64 compared to ¥34,511,821,416.23, reflecting a decline of approximately 14.4% year-over-year[16] - Net profit decreased to ¥22,211,853,938.77 from ¥25,941,110,519.45, a drop of around 14.1% year-over-year[17] - Earnings per share (EPS) decreased to ¥5.542 from ¥6.423, indicating a decline of approximately 13.7% year-over-year[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥181,073,423,202.77, representing a decrease of 3.81% from the end of the previous year[3] - The total liabilities amounted to ¥34,872,936,995.66, down from ¥51,857,424,971.48, a reduction of about 32.7%[16] - Current assets decreased from CNY 165,783,297,845.86 to CNY 157,724,237,825.82, reflecting a decline of approximately 4.3%[12] - The total current liabilities decreased from CNY 51,026,506,357.06 to CNY 34,373,163,809.18, a reduction of approximately 32.5%[13] - The company's accounts payable decreased from CNY 9,076,595,227.75 to CNY 8,679,053,511.82, reflecting a decline of about 4.4%[13] Cash Flow - The company reported a cash flow from operating activities of ¥28,247,488,416.94, a decrease of 5.19% year-to-date[3] - Cash flow from operating activities was ¥76,608,043,515.75, slightly down from ¥77,859,685,171.17, a decrease of about 1.6% year-over-year[18] - The net cash flow from operating activities was $28,247,488,416.94, a decrease of 5.2% compared to the previous period[19] - Total cash inflow from operating activities amounted to $78,430,953,024.66, while cash outflow was $50,183,464,607.72, resulting in a net cash inflow of $28,247,488,416.94[19] - Cash flow from investing activities showed a net outflow of $1,498,530,538.36, reflecting a decrease in investment activities compared to the previous period[19] - The total cash inflow from financing activities was $46,080,668.01, while total cash outflow was $18,951,307,119.54, leading to a net cash outflow of $18,951,307,119.54[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 666,853[9] - The largest shareholder, Yibin Development Holding Group Co., Ltd., holds 34.43% of the shares[9] Market Conditions and Company Strategy - The decline in revenue was primarily due to the deep adjustment period in the liquor industry and insufficient recovery of effective demand[6] - The company increased its investment in response to market changes, contributing to the decline in net profit[7] - The company has not reported any new product developments or market expansion strategies in the provided data[12][13] - There is no mention of mergers or acquisitions in the current financial report[12][13] Other Financial Metrics - The weighted average return on equity was 1.43%, a decrease of 2.97 percentage points compared to the same period last year[3] - Total operating costs reduced to ¥31,612,218,311.25 from ¥33,665,334,544.84, a decrease of about 6.1% year-over-year[15] - Total equity increased to ¥146,200,486,207.11 from ¥136,394,793,732.69, reflecting an increase of approximately 7.3%[16] - Research and development expenses rose to ¥318,925,867.64 from ¥250,817,550.34, an increase of about 27.2% year-over-year[16] - Deferred income increased to ¥249,633,760.00 from ¥242,976,829.32, showing a growth of approximately 2.7%[16]