天邦食品(002124) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥2,532,070,126.08, a decrease of 12.92% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥309,534,392.16, representing a decline of 174.26% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥381,887,398.59, down 206.84% from the previous year[5]. - The operating profit for the third quarter was a loss of ¥1,629,429,460.18, compared to a profit of ¥1,040,813,762.53 in the previous year[24]. - The net loss attributable to the parent company was ¥3,144,621,555.45, compared to a loss of ¥1,578,762,420.30 in the previous year[21]. - The company reported a total comprehensive loss of approximately CNY 1.57 billion for the quarter, compared to a comprehensive income of CNY 1.00 billion in the same quarter last year[25]. - The basic and diluted earnings per share for the third quarter were both -CNY 0.8514, compared to CNY 0.5437 in the previous year, indicating a negative shift[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥18,651,537,231.68, a decrease of 4.60% from the end of the previous year[5]. - The company's total assets decreased to ¥18,651,537,231.68 from ¥19,551,531,971.61, a decline of approximately 4.6%[22]. - Current liabilities increased to ¥12,739,287,608.89 from ¥11,726,205,303.60, representing a rise of 8.7%[21]. - The total liabilities of the company rose to ¥16,232,900,547.35, compared to ¥15,565,938,493.67, marking an increase of 4.3%[21]. - The company's cash and cash equivalents decreased to ¥675,742,795.18 from ¥970,464,846.67, a decline of 30.4%[20]. - Inventory increased to ¥2,981,389,006.20 from ¥2,631,545,098.91, reflecting a growth of 13.3%[20]. - The company's long-term equity investments rose to ¥1,372,231,696.28 from ¥1,354,256,161.35, an increase of 1.3%[20]. Cash Flow - The company's cash flow from operating activities showed a net inflow of ¥259,161,467.74, an increase of 8.29% year-to-date[5]. - The operating cash flow for the third quarter was approximately CNY 259.16 million, up from CNY 239.31 million year-over-year, reflecting a growth of about 8%[26]. - The cash inflow from financing activities was approximately CNY 3.52 billion, slightly down from CNY 3.55 billion in the previous year[27]. - The cash outflow from financing activities totaled approximately CNY 4.04 billion, compared to CNY 4.27 billion in the same period last year, showing a decrease of about 5.4%[27]. - The company experienced a net cash decrease of approximately CNY 43.84 million during the quarter, compared to a net decrease of CNY 863.66 million in the same quarter last year[27]. Investments and Projects - The company reported a significant decrease in investment income by 96.59% year-on-year, primarily due to the transfer of 51% equity in a subsidiary last year[11]. - The net cash flow from investment activities increased by 156.75% compared to the same period last year, mainly due to a significant reduction in investment expenditures[11]. - The company reported a loss due to the current downturn in the pig farming industry, leading to a decision to postpone three projects: Nanjia Village, Doubaodian, and Yandutown in Yuncheng County[14]. - The company has completed several projects, including the Huai Bei City modern pig farming projects and the annual storage project for 11,000 parent pigs[13]. - The company has decided to halt the construction of the 1 million tons of pig feed and 200,000 tons of aquatic feed projects due to strategic reassessment[13]. - The company is currently evaluating the market conditions to determine the timing for restarting the postponed projects[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 104,133[11]. - The company’s major shareholders include Wu Tianxing with 37,850,705 shares and Yinhai Derui Capital Management Co., Ltd. with 35,217,098 shares[12]. Future Plans - The company plans to issue up to 500 million shares to raise a total of no more than RMB 2.8 billion, with the approval process ongoing[15][16]. - The company received approval from the China Securities Regulatory Commission for the issuance of shares to specific investors, valid for 12 months from July 11, 2023[17]. Miscellaneous - The company did not undergo an audit for the third quarter report[28]. - The company's financial report for Q3 2023 is pending, with the latest data available as of September 30, 2023[19].