光明乳业(600597) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 7,792,806,926, representing an increase of 18.25% compared to CNY 6,578,906,800 in the same period last year[7] - Net profit attributable to shareholders was CNY 184,062,474, a significant increase of 55.85% from CNY 117,238,063 year-on-year[7] - The basic earnings per share for the period was CNY 0.15, up 50.00% from CNY 0.10 in the same quarter last year[7] - Total operating revenue for the first three quarters of 2021 reached CNY 22,056,891,118, an increase of 17.7% compared to CNY 18,743,863,271 in the same period of 2020[29] - Operating profit for the third quarter of 2021 was CNY 364,415,481, a decrease of 51.6% from CNY 753,216,706 in the third quarter of 2020[33] - Net profit attributable to shareholders of the parent company for the third quarter of 2021 was CNY 445,081,675, an increase of 3.5% compared to CNY 431,868,349 in the same quarter of 2020[33] - The basic earnings per share for the third quarter of 2021 was CNY 0.36, compared to CNY 0.35 in the same quarter of 2020[35] - The company reported a total comprehensive income of CNY -35,313,971 for the third quarter of 2021, contrasting with CNY 557,528,580 in the same quarter of 2020[35] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was CNY 923,625,526, a decrease of 38.34% compared to CNY 1,477,214,370 in the previous year[7] - The company's cash flow from operating activities for the first three quarters of 2021 was CNY 923,625,526, down from CNY 1,498,025,617 in the same period of 2020[36] - The net cash flow from investing activities was -1,177,093,266 RMB, compared to -1,040,767,682 RMB in the previous period, indicating a decrease in investment cash flow[37] - The total cash inflow from financing activities was 1,043,872,378 RMB, down from 2,415,470,082 RMB, reflecting a significant reduction in financing cash inflow[37] - The net cash flow from financing activities was -594,995,229 RMB, contrasting with a positive flow of 756,909,618 RMB in the previous period, showing a decline in financing performance[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 20,325,110,196, reflecting a slight increase of 0.76% from CNY 20,309,910,295 at the end of the previous year[10] - As of September 30, 2021, total assets amounted to CNY 20,325,110,196, an increase from CNY 20,171,775,399 in the previous year[23] - Current assets decreased to CNY 7,958,764,453 from CNY 9,015,844,480 year-over-year[27] - Total liabilities decreased to CNY 7,767,840,062 from CNY 9,080,083,434 year-over-year[27] - The total liabilities increased to CNY 11,676,114,130 in 2021 from CNY 11,239,978,837 in 2020, reflecting a growth of 3.9%[29] - The total non-current liabilities increased significantly to CNY 3,908,274,068 in 2021 from CNY 2,159,895,403 in 2020[29] - The company's total equity decreased to CNY 8,648,996,066 in 2021 from CNY 8,931,796,562 in 2020, a decline of 3.2%[29] - The total equity attributable to shareholders decreased to 6,295,619,868 RMB, down by 28,444,879 RMB from 6,267,174,989 RMB[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 100,025[16] Operational Changes - The company completed the acquisition of 100% equity in Shanghai Dingying Agricultural Co., Ltd. and Dafeng Dingsheng Agricultural Co., Ltd. in April 2021, which led to adjustments in previous financial data[11] - The company reported a significant reduction in short-term borrowings, dropping to CNY 151,729,074 from CNY 1,314,421,625[27] - The company’s long-term borrowings increased to CNY 1,545,815,078 from CNY 477,306,993, indicating a rise of approximately 223.5%[27] - The company’s goodwill decreased to CNY 516,694,156 from CNY 545,906,979, a decline of about 5.3%[27] - The company’s total equity remains stable, reflecting ongoing operational adjustments and strategic financial management[22] Research and Development - Research and development expenses for the first three quarters of 2021 were CNY 68,423,337, slightly up from CNY 67,507,919 in the same period of 2020[29]