山西汾酒(600809) - 2020 Q3 - 季度财报

Financial Performance - Operating income for the first nine months was ¥10.37 billion, representing a 13.05% increase compared to the same period last year[5]. - Net profit attributable to shareholders of the listed company was ¥2.46 billion, up 43.78% year-on-year[5]. - Basic earnings per share increased to ¥2.8366, a rise of 43.84% compared to the previous year[5]. - The weighted average return on equity rose to 28.91%, an increase of 4.03 percentage points from the previous year[5]. - Net profit increased by 35.45% from CNY 1,827,861,401.47 to CNY 2,475,905,673.88, driven by increased operating income and reduced taxes[11]. - Total operating revenue for Q3 2020 reached ¥3,474,513,987.70, a 25.1% increase from ¥2,776,252,423.94 in Q3 2019[22]. - Net profit for Q3 2020 was ¥859,841,998.07, up 57.3% compared to ¥546,260,593.83 in Q3 2019[23]. - The company reported a total profit of ¥1,156,119,965.24 for Q3 2020, compared to ¥773,806,728.21 in Q3 2019, marking a 49.4% increase[23]. - The total comprehensive income for Q3 2020 was ¥860,055,154.72, compared to ¥546,072,032.18 in Q3 2019[24]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥17.37 billion, an increase of 8.08% compared to the end of the previous year[5]. - Total liabilities amounted to ¥8,029,731,348.16, down from ¥8,443,181,358.10, indicating a decrease of around 4.91%[17]. - Current liabilities decreased to ¥7,959,119,741.90 from ¥8,388,661,674.61, a reduction of approximately 5.12%[16]. - Non-current assets totaled ¥3,666,946,119.20, compared to ¥3,425,359,184.08, reflecting an increase of about 7.06%[16]. - Cash and cash equivalents decreased significantly to ¥648,841,531.95 from ¥2,010,531,033.09, a decline of about 67.7%[18]. - Accounts receivable decreased by 52.00% from CNY 6,234,063.24 to CNY 2,992,501.66 due to the recovery of prior debts[10]. - Deferred income increased to ¥28,090,000.00 from ¥12,050,000.00, a rise of approximately 133.9%[19]. - Total current liabilities decreased to ¥3,311,006,966.49 from ¥4,079,191,153.39, a reduction of about 18.9%[19]. Cash Flow - Net cash flow from operating activities for the first nine months was ¥1.78 billion, a decrease of 21.07% compared to the same period last year[5]. - Cash flow from operating activities for the first three quarters of 2020 was approximately ¥1.78 billion, down from ¥2.26 billion in the same period of 2019[30]. - The company reported a net cash outflow from investing activities of 1,251,699,614.94 in the first three quarters of 2020, compared to a smaller outflow of 546,565,699.76 in the same period of 2019, indicating a significant increase in investment expenditures[32]. - The company’s total cash inflow from operating activities for the first three quarters of 2020 was 6,860,304,358.81, down 12.7% from 7,862,974,927.74 in the same period of 2019[32]. - The company’s cash inflow from investment activities was 762,409,241.37 in the first three quarters of 2020, down 61.5% from 1,982,172,035.16 in the same period of 2019[32]. Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥9.14 billion, reflecting a growth of 22.79% year-on-year[5]. - The top shareholder, Shanxi Xinghuacun Fenjiu Group Co., Ltd., holds 56.56% of the shares[9]. - Shareholders' equity rose to ¥9,336,730,813.63, compared to ¥7,624,590,767.96, marking an increase of approximately 22.43%[17]. Expenses and Investments - Cash paid to employees increased by 72.14% to CNY 1,539,974,129.64 due to increased production capacity and employee compensation[11]. - Research and development expenses for Q3 2020 were ¥3,771,083.84, up from ¥3,039,959.25 in Q3 2019[22]. - The company reported a decrease in investment income, with losses of approximately ¥12.47 million in Q3 2020 compared to losses of ¥10.11 million in Q3 2019[25]. - The company reported a total investment payment of 1,609,700,000.00 in Q3 2020, down 43.8% from 2,865,513,500.00 in Q3 2019[31].