山西汾酒(600809) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 reached ¥7,733,313,005.92, representing a year-on-year increase of 13.55%[3] - Net profit attributable to shareholders for the same period was ¥2,663,974,195.22, an increase of 27.12% compared to the previous year[3] - The basic earnings per share for Q3 2023 was ¥2.17, reflecting a growth of 26.90% year-on-year[3] - Total operating revenue for Q3 2023 reached ¥26,744,465,150.35, an increase of 20.5% compared to ¥22,144,006,481.73 in Q3 2022[18] - Operating profit for Q3 2023 was ¥12,738,287,044.65, up 33.5% from ¥9,567,527,912.03 in Q3 2022[19] - Net profit for Q3 2023 amounted to ¥9,452,231,631.83, representing a 32.2% increase from ¥7,152,754,394.92 in Q3 2022[19] - Basic earnings per share for Q3 2023 were ¥7.73, compared to ¥5.83 in Q3 2022, reflecting a growth of 32.6%[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥42,189,764,600.30, marking a 15.00% increase from the end of the previous year[5] - The total assets of the company reached ¥42,189,764,600.30, up from ¥36,686,474,274.73, marking an increase of about 14.0%[16] - The total liabilities amounted to ¥14,998,656,445.62, slightly up from ¥14,940,953,056.77, indicating a marginal increase of about 0.4%[16] - The company's total equity increased to ¥27,191,108,154.68 from ¥21,745,521,217.96, representing a growth of approximately 24.8%[16] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥7,303,562,659.27, showing a decline of 10.29% year-on-year[3] - Cash flow from operating activities for the first three quarters of 2023 was ¥7,303,562,659.27, down from ¥8,141,167,157.34 in the same period of 2022[22] - Cash received from sales of goods and services in Q3 2023 was ¥24,252,540,416.11, an increase from ¥22,476,075,189.75 in Q3 2022[22] - The company's cash and cash equivalents decreased to ¥3,234,999,748.40 from ¥11,201,219,039.20, indicating a decline of about 71.1%[14] - The net increase in cash and cash equivalents was approximately -$7.97 billion, a significant decline from -$1.86 billion in the previous period[23] - The ending balance of cash and cash equivalents stood at approximately $3.23 billion, down from $4.13 billion year-over-year[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 74,036[9] - The largest shareholder, Shanxi Xinghuacun Fenjiu Group Co., Ltd., holds 690,121,565 shares, accounting for 56.57% of total shares[9] Expenses and Investments - Total operating costs for Q3 2023 were ¥14,223,999,438.38, up from ¥12,744,595,041.00 in Q3 2022, indicating a rise of 11.6%[18] - Research and development expenses for Q3 2023 were ¥54,678,119.29, compared to ¥39,635,149.03 in Q3 2022, marking a 37.9% increase[18] - Tax expenses for Q3 2023 were ¥3,282,228,064.52, up from ¥2,417,618,348.80 in Q3 2022, reflecting a growth of 35.7%[19] - The company reported non-operating income of ¥2,087,612.83 for the year-to-date period, with other non-operating expenses totaling -¥6,432,559.01[7] - Cash outflow from investment activities totaled approximately $29.31 billion, compared to $29.10 billion in the previous period, indicating a slight increase in investment spending[23] - Net cash flow from investment activities was negative at approximately -$11.04 billion, worsening from -$7.81 billion year-over-year[23] - Cash outflow from financing activities amounted to approximately $4.22 billion, up from $2.19 billion in the previous period, reflecting increased financial obligations[23] - The company reported a cash payment of approximately $4.03 billion for dividends and interest, significantly higher than $2.17 billion in the previous period[23] Strategic Developments - The company completed the third phase of its restricted stock incentive plan, impacting earnings per share calculations[6] - The company plans to categorize products priced above ¥130 per liter as high-end liquor, aligning with its future development strategy[11] - The number of distributors increased by 131 during the reporting period, bringing the total to 3,768[12] Accounting Changes - The company has adopted new accounting standards starting in 2023, which may impact financial reporting and comparisons[24]