宝立食品(603170) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥631,145,684.72, representing an increase of 11.80% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2023 was ¥75,084,860.46, a growth of 23.68% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥69,830,438.71, up 16.22% from the previous year[5] - Basic earnings per share for the year-to-date period was ¥0.60, reflecting a 46.34% increase compared to the same period last year[6] - Net profit for the first three quarters of 2023 reached ¥244,906,289.06, up from ¥166,340,027.78 in the same period last year, marking a growth of about 47.0%[25] - Operating revenue for the first three quarters of 2023 was ¥1,759,190,124.90, compared to ¥1,475,292,534.39 in the previous year, reflecting an increase of approximately 19.3%[24] - Profit before tax of ¥326,253,247.79, up from ¥219,105,214.43, indicating a growth of about 48.9%[25] - Total comprehensive income for the period was ¥244,906,289.06, compared to ¥166,340,027.78 in the previous year, marking an increase of approximately 47.0%[26] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,718,402,111.65, marking a 12.20% increase from the end of the previous year[6] - The equity attributable to shareholders reached ¥1,268,969,685.45, which is a 12.50% increase year-on-year[6] - Total liabilities increased to ¥429,023,611.67 from ¥387,013,617.71, which is an increase of about 10.8% year-over-year[20] - The company's equity attributable to shareholders rose to ¥1,268,969,685.45 from ¥1,127,982,877.38, reflecting an increase of approximately 12.5%[21] Cash Flow - The company reported a year-to-date net cash flow from operating activities of ¥142,811,117.99, down 19.42% compared to the previous year[5] - Cash inflow from operating activities for the first three quarters of 2023 was approximately $1.97 billion, an increase of 16.2% compared to $1.69 billion in the same period of 2022[29] - Net cash flow from operating activities decreased to approximately $142.81 million, down 19.4% from $177.22 million year-over-year[29] - Total cash outflow from investment activities was approximately $206.48 million, compared to $51.26 million in the previous year, resulting in a net cash flow from investment activities of -$44.42 million[30] - Cash inflow from financing activities decreased significantly to approximately $29.99 million, down from $382 million in the same period last year[30] - Net cash flow from financing activities was -$99.39 million, a substantial decline compared to a positive cash flow of $251.19 million in the previous year[30] - The ending cash and cash equivalents balance was approximately $402.94 million, down from $477.22 million at the end of the previous year[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,633[11] - The top shareholder, Hangzhou Zhenpin Zhixin Investment Partnership, holds 30.60% of the shares, totaling 122,400,000 shares[12] Future Outlook - The company expects continued growth in revenue and net profit due to expanded operational scale[10] - The company plans to continue focusing on market expansion and new product development to drive future growth[31] - The company aims to enhance production efficiency and industry competitiveness through the new capital injection and collaboration with Yum China[15] - The company's total liabilities and equity structure will be further strengthened through the strategic partnership with Yum China Holdings, Inc.[15] Current Assets - The company reported a total of 1,071,332,912.83 RMB in current assets as of September 30, 2023, an increase from 934,756,648.63 RMB at the end of 2022, representing a growth of approximately 14.6%[19] - The company's cash and cash equivalents stood at 402,941,954.00 RMB, showing a slight decrease from 403,941,133.26 RMB year-over-year[18] - Accounts receivable increased to 296,875,929.81 RMB from 254,553,405.16 RMB, indicating a rise of about 16.6%[19] - Inventory levels rose to 236,403,708.45 RMB compared to 219,962,556.56 RMB, reflecting an increase of approximately 7.4%[19] Investment and Expenses - Research and development expenses for the first three quarters were ¥34,899,830.41, compared to ¥32,658,891.84 in the previous year, showing an increase of approximately 6.8%[25] - The company signed an investment agreement with Huan Sheng Information Technology (Shanghai) Co., Ltd. for a capital increase of 143 million RMB in its wholly-owned subsidiary, Zhejiang Baoli Food Technology Co., Ltd., which will hold 40% equity post-investment[15] - Fixed assets amounted to 361,187,108.62 RMB, up from 349,697,386.57 RMB, marking an increase of about 3.4%[19] - The company’s intangible assets increased to 90,099,776.35 RMB from 76,067,402.92 RMB, representing a growth of approximately 18.4%[19] - The company’s non-current assets totaled 647,069,198.82 RMB, compared to 596,731,680.00 RMB, indicating an increase of about 8.4%[19]