香飘飘(603711) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥1,892,833,052.02, a decrease of 20.47% year-on-year[11] - Net profit attributable to shareholders was ¥44,490,207.52, down 66.35% from the previous year[11] - Basic earnings per share for the reporting period was ¥0.10, a decrease of 68.75% compared to the previous year[13] - The company reported a net profit excluding non-recurring gains and losses of ¥2,161,386.21, down 97.90% year-on-year[13] - Total operating revenue for Q3 2020 was ¥901,641,129.65, a decrease of 10.1% compared to ¥1,003,295,372.49 in Q3 2019[44] - Net profit for Q3 2020 was ¥108,372,611.95, slightly down from ¥108,700,229.93 in Q3 2019, representing a decrease of 0.3%[48] - Total comprehensive income for the first three quarters of 2020 was approximately ¥1.08 billion, compared to ¥1.32 billion in the same period of 2019, a decline of 18.2%[53] - Net profit for Q3 2020 was approximately ¥308.23 million, down 18.5% from ¥378.14 million in Q3 2019[57] Cash Flow - The net cash flow from operating activities for the first nine months was -¥176,251,756.15, compared to ¥362,766,297.74 in the same period last year[11] - The company’s cash flow from operating activities showed a net outflow of RMB 176,251,756.15, attributed to a decrease in revenue and cash received from sales[21] - Cash flow from operating activities for the first three quarters of 2020 was approximately ¥2.25 billion, down from ¥2.82 billion in the same period of 2019, a decrease of 20.2%[62] - The net cash flow from operating activities was -176,251,756.15, a decrease compared to 362,766,297.74 in the previous period[63] - Total cash inflow from operating activities was 2,354,703,857.89, down from 2,881,100,983.48[63] - Cash outflow from operating activities totaled 2,530,955,614.04, slightly up from 2,518,334,685.74[63] - Cash inflow from financing activities reached 1,263,000,000.00, significantly higher than 435,060,276.85 in the previous period[65] - The net cash flow from financing activities was 698,965,100.53, a recovery from -119,198,045.20[65] Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,394,457,999.43, an increase of 12.23% compared to the end of the previous year[11] - The company’s total current assets increased to RMB 2,401,780,102.33 from RMB 2,097,704,242.65, reflecting a growth in liquidity[29] - The company’s long-term equity investments decreased to RMB 373,990.29 from RMB 499,684.52, indicating a reduction in investment value[29] - Total liabilities reached ¥1,867,468,040.87, up from ¥1,381,498,199.81, indicating a growth of around 35.2%[35] - Current liabilities rose to ¥1,790,249,029.93 from ¥1,305,967,443.58, marking an increase of approximately 37.1%[33] - The total liabilities increased to ¥2,045,071,780.05 in 2020 from ¥1,046,040,458.45 in 2019, reflecting a growth of 95.7%[41] - The company reported a significant increase in contract liabilities by 64.70% to RMB 277,528,441.65 due to increased prepayments from distributors[21] Shareholder Information - The total number of shareholders at the end of the reporting period was 10,906[15] - The largest shareholder, Jiang Jianqi, holds 56.42% of the shares[15] - The company reported a total equity of ¥2,526,989,958.56, slightly down from ¥2,534,120,339.13, a decrease of about 0.3%[35] - The total equity attributable to shareholders is CNY 2,534,120,339.13, showcasing the company's strong equity position[76] Research and Development - Research and development expenses decreased by 33.95% to RMB 18,539,865.21, mainly due to reduced investment caused by the pandemic[21] - Research and development expenses in Q3 2020 were ¥5,815,345.39, a decrease of 42.4% compared to ¥10,080,451.33 in Q3 2019[44] - Research and development expenses for Q3 2020 were approximately ¥545.35 thousand, a decrease of 23.2% from ¥710.11 thousand in Q3 2019[54] Government Support - The company received government subsidies amounting to ¥18,272,346.42 during the reporting period[13] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[44]