Muyuan Foods (SZ:002714)2025-10-30 11:40Revenue and Profitability - Revenue for Q3 2025 was CNY 35.33 billion, a decrease of 11.48% year-over-year[6] - Net profit attributable to shareholders was CNY 4.25 billion, down 55.98% compared to the same period last year[6] - Basic earnings per share decreased by 56.42% to CNY 0.78[6] - Total operating revenue for the current period reached ¥111.79 billion, a 15.5% increase from ¥96.78 billion in the previous period[20] - Net profit for the current period was ¥15.11 billion, representing a 34.5% increase compared to ¥11.25 billion in the previous period[21] - Basic earnings per share rose to ¥2.74, up from ¥1.94 in the previous period, reflecting a 41.3% increase[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 180.76 billion, a decrease of 3.67% from the end of the previous year[6] - As of September 30, 2025, the total assets amount to RMB 180.76 billion, a decrease from RMB 187.65 billion at the beginning of the period, reflecting a reduction of approximately 3.8%[18][19] - The total current liabilities decreased from RMB 85.48 billion to RMB 76.80 billion, representing a decline of about 10.5%[19] - The total liabilities decreased from RMB 110.11 billion to RMB 100.32 billion, indicating a reduction of approximately 8.0%[19] - The company reported a significant increase in other payables, rising from RMB 8.35 billion to RMB 11.84 billion, an increase of approximately 42.5%[19] Cash Flow - The company reported a net cash flow from operating activities of CNY 28.58 billion, a decrease of 2.05% year-to-date[6] - Cash flow from operating activities generated ¥28.58 billion, slightly down from ¥29.18 billion in the previous period[23] - Cash inflow from investment activities was ¥8.58 billion, compared to ¥7.10 billion in the previous period, marking a 20.8% increase[24] - Cash outflow from investment activities totaled ¥17.08 billion, down from ¥19.77 billion year-over-year[24] - The net cash outflow from financing activities was -15,656,261,351.92, compared to -14,540,648,643.14 in the previous period, indicating a worsening trend[25] - The total cash and cash equivalents at the end of the period increased to 17,268,736,105.83 from 15,745,131,519.77, reflecting a net increase of 4,424,184,492.75[25] Equity and Share Repurchase - The total equity attributable to shareholders increased by 6.72% to CNY 76.87 billion compared to the end of the previous year[6] - The total equity attributable to the parent company increased from RMB 72.03 billion to RMB 76.87 billion, reflecting an increase of approximately 6.0%[19] - The total amount for the share repurchase plan announced on September 27, 2024, is between RMB 30 billion and RMB 40 billion, with a target to repurchase approximately 69.59 million shares from October 18, 2024, to August 26, 2025[16] - The company repurchased a total of 41.87 million shares in the previous buyback program, which was completed by September 2025[15] Investments and Future Plans - Investment income increased by 127.15% year-over-year, primarily due to increased returns from joint ventures[12] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] Accounting and Reporting - The third quarter financial report was not audited, which may affect the reliability of the reported figures[26] - The company will implement new accounting standards starting in 2025, which may impact future financial reporting[27]