苏垦农发(601952) - 2023 Q3 - 季度财报

Financial Performance - Operating revenue for Q3 2023 reached ¥3,332,482,972.71, an increase of 16.54% compared to the same period last year[10]. - Net profit attributable to shareholders was ¥249,305,392.02, a decrease of 2.59% year-on-year[10]. - The company reported a basic earnings per share of ¥0.19, down 11.36% from ¥0.39 in the previous year[16]. - The total comprehensive income for the period was ¥534,624,129.67, compared to ¥640,029,682.58 in the previous period, a decrease of 16.48%[29]. - Basic earnings per share decreased to ¥0.39 from ¥0.44, reflecting a decline of 11.36%[29]. - The company reported a net profit attributable to shareholders of ¥530,647,907.42, down from ¥603,708,574.37, a decline of 12.09%[29]. - Net profit for the first three quarters of 2023 was RMB 534,624,129.67, a decline of 16.43% from RMB 640,029,682.58 in the same period of 2022[50]. - The total profit for the first three quarters of 2023 was RMB 555,486,169.84, down 18.63% from RMB 682,844,778.39 in the same period of 2022[50]. Cash Flow and Assets - Net cash flow from operating activities for the first three quarters was ¥1,015,073,268.14, a significant improvement from -¥108,512,347.40 in the same period last year[20]. - Cash and cash equivalents at the end of Q3 2023 totaled ¥787,212,149.85, compared to ¥890,474,977.77 at the end of the previous year[5]. - Cash and cash equivalents as of September 30, 2023, amounted to approximately RMB 805.75 million, up from RMB 683.81 million at the end of 2022[42]. - Total current assets increased to approximately RMB 8.04 billion from RMB 7.95 billion year-over-year[44]. - Inventory rose to approximately RMB 3.96 billion, compared to RMB 3.87 billion in the previous year[44]. - Non-current assets totaled approximately RMB 6.62 billion, slightly down from RMB 6.65 billion year-over-year[44]. Liabilities and Equity - Total assets as of the end of Q3 2023 amounted to ¥14,654,929,587.83, reflecting a 0.44% increase from the end of the previous year[16]. - Current liabilities totaled ¥2,850,476,363.68, slightly up from ¥2,825,901,911.27, indicating a 0.87% increase[27]. - Non-current liabilities decreased to ¥4,987,771,853.07 from ¥5,053,555,776.31, a decline of 1.30%[27]. - Total liabilities amounted to ¥7,838,248,216.75, down from ¥7,879,457,687.58, showing a decrease of 0.52%[27]. - Shareholders' equity attributable to the parent company rose to ¥6,344,636,641.57 from ¥6,227,388,734.15, an increase of 1.88%[28]. Revenue and Costs - Total operating revenue for the first three quarters of 2023 was RMB 8,620,351,465.08, a decrease of 4.32% compared to RMB 9,009,243,634.58 in the same period of 2022[48]. - Total operating costs for the first three quarters of 2023 were RMB 8,269,062,633.80, down 3.28% from RMB 8,549,487,581.67 in the previous year[48]. - The company reported a profit margin of 27.26% for edible oil, with a sales increase of 10.81%[40]. Production and Sales - Self-produced barley production increased by 52.64% to 66,500 tons, while inventory rose by 57.15% to 50,900 tons[39]. - Self-produced wheat sales decreased by 14.67% to 235,000 tons, with inventory increasing by 8.27% to 256,200 tons[39]. - External wheat purchases saw a sales decline of 15.73% to 253,900 tons, with inventory decreasing by 12.91% to 181,100 tons[39]. - Rice sales dropped by 33.28% to 138,600 tons, with inventory down by 48.70% to 81,100 tons[39]. Expenses - Research and development expenses increased to RMB 56,739,204.17 in 2023 from RMB 53,592,367.82 in 2022, reflecting a growth of 4.01%[50]. - The company reported a decrease in financial expenses, which amounted to RMB 176,629,030.86 in 2023 compared to RMB 189,609,014.55 in 2022, a reduction of 6.67%[50]. - The company’s sales expenses increased slightly to RMB 137,471,919.36 in 2023 from RMB 133,116,534.00 in 2022, an increase of 3.36%[48]. - Tax expenses for the first three quarters of 2023 were RMB 20,862,040.17, significantly lower than RMB 42,815,095.81 in 2022, indicating a decrease of 51.24%[50]. Other Income and Subsidies - Government subsidies recognized in the current period amounted to ¥26,315,009.71, down from ¥64,781,855.26 year-to-date[35]. - Non-operating income and expenses totaled ¥21,583,643.86, compared to ¥83,543,180.36 in the previous period, a significant decrease of 74.16%[37]. - The company reported an increase in other income to RMB 181,413,827.21 in 2023 from RMB 177,168,253.45 in 2022, a growth of 2.00%[50]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,766, with Jiangsu Agricultural Reclamation Group holding 67.84% of shares[40].