Jiahe Foods(SH:605300)2023-10-27 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥758,849,692.58, representing a year-over-year increase of 13.88%[5] - Net profit attributable to shareholders for Q3 2023 was ¥70,464,615.31, a significant increase of 162.55% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥63,032,188.17, up 260.41% year-over-year[5] - Year-to-date revenue as of Q3 2023 totaled ¥2,086,131,965.31, reflecting a 28.18% increase compared to the same period last year[5] - Year-to-date net profit attributable to shareholders reached ¥206,012,491.53, marking a 240.77% increase year-over-year[5] - Operating profit for the third quarter was ¥268,837,025.82, compared to ¥77,771,798.39 in the previous year, reflecting a significant growth[23] - Net profit for the first three quarters of 2023 was ¥205,534,812.76, up from ¥60,454,424.82 in the same period last year, indicating a strong performance[23] Earnings and Returns - The basic earnings per share for Q3 2023 was ¥0.18, an increase of 157.14% compared to the same period last year[6] - Basic earnings per share increased to ¥0.52 from ¥0.15 year-on-year, showcasing improved profitability[24] - The weighted average return on equity for Q3 2023 was 3.27%, an increase of 1.89 percentage points year-over-year[6] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥3,390,209,534.67, an increase of 8.97% from the end of the previous year[6] - Total assets as of the end of the third quarter amounted to ¥3,390,209,534.67, up from ¥3,111,083,804.94 at the end of the previous year[19] - Total liabilities increased to ¥1,197,284,002.47 from ¥1,089,542,502.66, reflecting a rise in short-term borrowings[19] - The company's equity attributable to shareholders rose to ¥2,190,953,918.81, compared to ¥2,021,541,302.28 in the previous year[19] Cash Flow - The company's cash flow from operating activities for the year-to-date period was ¥187,133,354.32, reflecting a 182.15% increase[6] - In the first three quarters of 2023, the cash inflow from operating activities reached ¥2,398,327,632.44, a 30.5% increase compared to ¥1,838,515,965.61 in the same period of 2022[27] - The net cash flow from operating activities was ¥187,133,354.32, significantly up from ¥66,324,373.28 in the previous year, marking an increase of 182.5%[27] - The cash inflow from financing activities was ¥708,301,938.88, a significant increase from ¥297,249,769.44 in the previous year, marking an increase of 138.0%[28] Investments and Expenses - Research and development expenses for the third quarter were ¥22,770,897.51, slightly up from ¥22,114,629.38, indicating continued investment in innovation[23] - The company reported a financial income of ¥12,875,566.83, significantly higher than ¥4,039,827.45 in the previous year, reflecting improved financial management[23] - The cash outflow from investment activities totaled ¥282,053,064.48, down from ¥357,134,035.26 in the previous year, indicating a decrease of 21.0%[28] Shareholder Information - The top shareholder, Liu Xinrong, holds 32.26% of the shares, while the second-largest shareholder, Tang Zhengqing, owns 23.04%[13] - The company has a total of 10 major shareholders, with the top three holding a combined 77.41% of the shares[13] Other Information - The company reported non-recurring gains totaling ¥7,432,427.14 for Q3 2023, with a year-to-date total of ¥28,402,392.83[10] - The company has not disclosed any significant new product developments or market expansion strategies during this reporting period[15] - There are no indications of any mergers or acquisitions planned in the near future as per the current report[15] - Other comprehensive income after tax for the third quarter was -¥736,071.84, an improvement from -¥1,262,064.78 in the same period last year[24]