三全食品(002216) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was CNY 1,560,329,601.75, an increase of 3.03% year-on-year[26]. - The net profit attributable to shareholders for the third quarter was CNY 115,462,293.01, representing a growth of 22.05% compared to the same period last year[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 102,444,671.49, up by 20.91% year-on-year[26]. - The basic earnings per share for the third quarter was CNY 0.13, an increase of 18.18% compared to the same period last year[26]. - The diluted earnings per share also stood at CNY 0.13, marking an 18.18% increase year-on-year[26]. - Operating revenue for the current period reached RMB 5,414,927,784.42, an increase of 1.50% compared to the same period last year[30]. - Net profit for the period was ¥552,404,733.45, representing a year-on-year increase of 5.09% from ¥525,803,612.66[50]. - The company's earnings per share (EPS) improved to ¥0.63, up from ¥0.60 in the previous year[50]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 33,126,072.19, a significant decrease of 95.59% compared to the previous year[26]. - The net cash flow from operating activities for the current period is ¥33,126,072.19, a significant decrease of 95.6% compared to ¥751,142,264.04 in the previous period[56]. - Cash inflow from investment activities totaled ¥4,848,104,085.44, up from ¥2,759,516,624.57 in the previous period, indicating a growth of 75.5%[56]. - The net cash flow from financing activities showed a net outflow of RMB 218,246,782.09, primarily due to an increase in dividend payments[31]. - The net cash flow from financing activities decreased to -¥218,246,782.09 from -¥40,684,681.05, reflecting a worsening financial position[56]. - The cash outflow for purchasing goods and services was ¥3,441,534,468.08, an increase of 5.5% compared to ¥3,261,906,406.68 in the previous period[56]. - The cash paid to employees decreased to ¥745,346,487.81 from ¥805,550,064.17, a reduction of 7.5%[56]. - The company paid taxes amounting to ¥543,750,510.68, which is an increase of 23.6% from ¥439,863,033.54 in the previous period[56]. Assets and Liabilities - The total assets as of September 30, 2023, were CNY 6,943,183,784.13, down by 7.80% from the end of the previous year[26]. - The company's total assets decreased to ¥6,943,183,784.13, down from ¥7,530,887,134.25, reflecting a reduction of 7.81%[47]. - Accounts receivable increased by 33.97% to RMB 522,994,252.67, mainly due to new centralized procurement business contracts not yet fulfilled[40]. - The company reported a decrease in cash and cash equivalents by 13.07% to RMB 1,318,466,355.63, largely due to dividend distributions to shareholders[40]. - The total liabilities and equity amounted to ¥6,943,183,784.13, indicating a decrease from the previous year's figure[47]. Operational Efficiency - Gross profit margin decreased to 26.8%, down 1.8 percentage points year-on-year, primarily due to high consumption of raw materials in the first half of the year[30]. - Sales expenses decreased by 12.50% to RMB 649,312,446.99, with a corresponding expense ratio of 12.0%, down 1.9 percentage points year-on-year, attributed to channel structure optimization and improved operational efficiency[30]. - The company plans to expand its market presence and enhance operational efficiency through strategic initiatives and potential acquisitions[30]. - The company plans to continue expanding its market presence and investing in new product development to drive future growth[49]. Investments - Investment income increased by 37.34% to RMB 48,420,391.86, mainly from increased returns on bank wealth management products and equity investments[30]. - The fair value change of financial assets resulted in a loss of RMB 4,622,641.46, an improvement of 58.13% compared to the previous year[30]. - The company reported a significant increase in intangible assets, which rose by ¥166,371,070.76, or 73.07%, due to the transfer of land use rights to intangible assets[41]. - Other non-current assets surged by ¥819,899,928.76, a dramatic increase of 1758.01%, mainly from the purchase of negotiable large-denomination certificates of deposit[41]. - Short-term borrowings increased by ¥100,014,543.05, or 66.62%, attributed to the need for additional working capital[41].