天润乳业(600419) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was approximately RMB 516.42 million, representing an increase of 18.50% year-on-year[2]. - The net profit attributable to shareholders for Q3 2021 was approximately RMB 31.66 million, a decrease of 21.03% compared to the same period last year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately RMB 27.61 million, down 28.56% year-on-year[2]. - Total operating revenue for the first three quarters of 2021 reached ¥1,571,916,458.67, an increase of 19.1% compared to ¥1,318,735,400.65 in the same period of 2020[17]. - The company reported a net profit of ¥128,244,887.20 for the first three quarters of 2021, compared to ¥152,886,344.00 in the same period of 2020, indicating a decline of 16.2%[17]. - The net profit for Q3 2021 was CNY 122,825,835.59, a slight increase from CNY 121,913,189.83 in Q3 2020, representing a growth of 0.75%[18]. - The total profit for Q3 2021 was CNY 140,470,791.38, slightly higher than CNY 138,671,560.11 in Q3 2020, marking an increase of approximately 1.30%[18]. Assets and Liabilities - The total assets at the end of Q3 2021 amounted to approximately RMB 2.86 billion, reflecting a growth of 10.57% compared to the end of the previous year[3]. - Total assets reached ¥2,864,200,733.99, an increase of 10.6% from ¥2,590,315,396.00 in 2020[14]. - Total liabilities amounted to ¥1,062,032,240.92, up 22.5% from ¥866,653,847.91 in 2020[14]. Cash Flow - The cash flow from operating activities for the year-to-date period reached approximately RMB 177.86 million, an increase of 78.96% due to higher product sales and revenue[5]. - The cash flow from operating activities for Q3 2021 was CNY 177,859,685.45, compared to CNY 99,385,481.64 in Q3 2020, reflecting an increase of about 78.93%[23]. - The total operating cash inflow for the first three quarters of 2021 was CNY 1,831,765,054.22, compared to CNY 1,508,555,894.25 in the same period of 2020, indicating a growth of approximately 21.41%[23]. - The net cash flow from financing activities for Q3 2021 was CNY 29,967,798.85, a significant decrease from CNY 379,112,306.60 in Q3 2020[24]. - The company incurred a total investment cash outflow of CNY 199,726,194.82 in Q3 2021, down from CNY 242,336,207.70 in Q3 2020, reflecting a decrease of about 17.54%[23]. Shareholder Information - The top shareholder, Xinjiang Production and Construction Corps, holds 31.10% of the company's shares, indicating strong state ownership[8]. Sales and Inventory - The company achieved a total dairy product sales volume of 180,300 tons from January to September 2021[10]. - Total operating costs for the first three quarters of 2021 were ¥1,443,671,571.47, up 23.7% from ¥1,166,848,055.54 in 2020[17]. - Gross profit margin for the first three quarters of 2021 was approximately 8.2%, compared to 10.1% in the same period of 2020[17]. - Cash and cash equivalents increased to ¥430,965,529.43 as of September 30, 2021, from ¥370,154,344.95 at the end of 2020, representing a growth of 16.4%[12]. - Accounts receivable rose to ¥103,379,649.54, a 33.3% increase from ¥77,516,188.48 in 2020[12]. - Inventory levels increased to ¥306,783,566.80, up 7.4% from ¥284,092,459.64 at the end of 2020[12]. Earnings Per Share - The basic earnings per share for Q3 2021 was RMB 0.1179, a decrease of 26.74% compared to the same period last year[2]. - Basic and diluted earnings per share for Q3 2021 were CNY 0.4202, down from CNY 0.4593 in Q3 2020, representing a decrease of approximately 8.06%[19]. - The weighted average return on equity for Q3 2021 was 1.96%, down 0.65 percentage points year-on-year[3]. Research and Development - Research and development expenses increased to ¥4,645,264.64, a rise of 60% compared to ¥2,908,594.25 in 2020[17].