YILI(SH:600887)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥31,108,604,645.06, representing a year-on-year increase of 2.71%[4] - Net profit attributable to shareholders for Q3 2023 was ¥3,074,918,131.13, a significant increase of 59.44% compared to the same period last year[4] - The basic earnings per share for Q3 2023 was ¥0.49, reflecting a 63.33% increase year-on-year[4] - The company reported a net profit excluding non-recurring gains and losses of ¥2,656,860,956.40 for Q3 2023, up 56.95% year-on-year[4] - Operating profit for the third quarter of 2023 was CNY 11.14 billion, compared to CNY 9.55 billion in the third quarter of 2022, reflecting an increase of about 16.6%[12] - The net profit for the third quarter of 2023 reached CNY 9.37 billion, an increase of 16.4% compared to CNY 8.05 billion in the same period last year[13] - The total comprehensive income for the third quarter was CNY 8.70 billion, up from CNY 5.96 billion, reflecting a growth of 46.0% year-over-year[13] - The net profit margin for the first three quarters of 2023 was approximately 11.2%, compared to 9.9% in the same period of 2022, showing an improvement in profitability[12] - The net profit for the first three quarters of 2023 was CNY 7.93 billion, down 9.7% from CNY 8.79 billion in the same period of 2022[19] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥149,156,478,447.54, showing a growth of 13.89% from the end of the previous year[4] - As of September 30, 2023, the total assets of Inner Mongolia Yili Industrial Group Co., Ltd. reached RMB 149.16 billion, an increase from RMB 130.97 billion as of December 31, 2022, representing a growth of approximately 13.5%[10] - Total liabilities as of the end of Q3 2023 amounted to CNY 93.06 billion, up from CNY 76.82 billion at the end of Q3 2022, indicating a growth of approximately 21.1%[11] - The company's total assets reached CNY 149.16 billion in Q3 2023, compared to CNY 130.97 billion in Q3 2022, marking an increase of around 13.9%[11] - Total liabilities amounted to CNY 75.09 billion, compared to CNY 54.38 billion at the end of 2022, reflecting an increase of approximately 38.1%[18] - The total liabilities and owner's equity combined amounted to CNY 96,444,841,837.84, reflecting the company's financial structure[27] Cash Flow - The net cash flow from operating activities for the year-to-date increased by 31.93% due to higher sales revenue[6] - Cash flow from operating activities generated a net amount of CNY 11.71 billion, compared to CNY 8.87 billion in the previous year, marking a 32.7% increase[15] - The company reported cash inflows from sales of goods and services amounting to CNY 101.74 billion, an increase from CNY 97.92 billion, representing a growth of 3.8%[15] - The cash and cash equivalents at the end of the period totaled CNY 45.54 billion, up from CNY 39.11 billion, indicating a 16.4% increase[16] - The company reported a net cash increase of CNY 14.85 billion in cash and cash equivalents for the first three quarters of 2023, compared to CNY 4.22 billion in the same period of 2022[20] Equity and Shareholder Information - The total equity attributable to shareholders at the end of the reporting period was ¥52,107,934,774.64, a 3.66% increase from the previous year[4] - The company reported a total of 558,395 common shareholders at the end of the reporting period[7] - The total equity attributable to shareholders reached CNY 52.11 billion in Q3 2023, compared to CNY 50.27 billion in Q3 2022, an increase of approximately 3.7%[11] - The company's total equity of the company reached CNY 43.09 billion, up from CNY 42.06 billion, indicating a growth of about 2.4%[18] Investments and Expenses - Research and development expenses for the first three quarters of 2023 were CNY 552.32 million, slightly up from CNY 532.54 million in the same period of 2022, indicating a focus on innovation[12] - Research and development expenses increased to CNY 457.58 million, up 12.93% from CNY 405.13 million in the same period of 2022[19] - The company's long-term equity investments were valued at RMB 4.44 billion, down from RMB 4.56 billion, showing a decline of about 2.7%[10] - The company's investment income decreased to CNY 3.03 billion, down from CNY 3.97 billion in the same period of 2022[19] Government Support - The company received government subsidies amounting to ¥268,713,263.20 during the reporting period, contributing to its financial performance[5] Audit and Compliance - The company's financial report did not include any audit opinion, indicating it was unaudited for this period[9] - The company has adopted new accounting standards starting in 2023, impacting the financial statements[21]