中粮资本(002423) - 2023 Q3 - 季度财报

Financial Performance - The total comprehensive income attributable to the parent company's owners was ¥1,130,596,447.65, compared to ¥405,160,666.75 in the previous period, indicating significant growth [12]. - The basic and diluted earnings per share were both ¥0.4097, a substantial increase from ¥0.1389 in the same period last year [12]. - Net profit attributable to shareholders was ¥125,240,438.29, reflecting a significant increase of 220.09% compared to the same period last year [43]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥117,389,526.24, up 204.92% year-on-year [43]. - The net profit for the reporting period reached CNY 1,281,755,514.96, a significant increase from CNY 543,435,474.03 in the previous period, representing a growth of approximately 135.5% [55]. - The total profit amounted to CNY 1,532,461,580.85, compared to CNY 387,331,252.64 in the prior period, indicating a growth of about 295.5% [55]. - The company's operating profit was CNY 1,536,808,466.64, up from CNY 390,331,141.09, reflecting an increase of approximately 292.5% [55]. Revenue and Income - Total operating revenue for the period reached ¥5,472,356,809.65, an increase of 48.23% year-on-year [43]. - The total earned premium was ¥12,250,740,386.74, representing a 49.37% increase compared to ¥8,201,779,517.62 in the previous period [38]. - Total operating revenue for Q3 2023 reached CNY 17,226,999,112.38, an increase of 35.5% compared to CNY 12,730,327,444.83 in Q3 2022 [73]. - Operating income was CNY 2,232,690,378.63, up from CNY 1,924,308,665.89, reflecting a growth of 16.0% year-over-year [73]. Cash Flow and Liquidity - The net cash inflow from operating activities was ¥18,001,940,469.47, slightly down from ¥18,612,381,897.55 in the previous period [30]. - The cash flow from operating activities generated a net amount of CNY 3,536,292,696.84, a decrease from CNY 7,984,456,518.25 in the previous period [57]. - Cash and cash equivalents as of September 30, 2023, were CNY 11,575,642,069.32, down from CNY 14,210,248,900.76 [69]. - The net decrease in cash and cash equivalents was -$1,629,861,971.99, compared to an increase of $3,313,123,842.08 in the last period [76]. Assets and Liabilities - The total liabilities increased to ¥102,361,263,760.50 from ¥92,469,812,282.00, reflecting a growth of approximately 10.4% [9]. - The total equity attributable to the parent company reached ¥19,271,373,458.37, up from ¥18,320,497,245.57, marking an increase of about 5.2% [9]. - The total assets at the end of the period amounted to ¥128,494,931,303.53, representing a 9.54% increase from the end of the previous year [43]. - Non-current assets totaled CNY 61,562,492,720.28, up from CNY 53,854,749,594.92, reflecting a growth of 14.0% [70]. Investment and Expenses - The investment income from financial instruments and equity investments amounted to ¥757,889,062.21, attributed to normal business operations [4]. - The fair value changes of financial instruments resulted in a profit of ¥913,729,787.86, also due to normal business operations [4]. - The commission and fee expenses rose by 135.81% to ¥2,069,101,255.22, attributed to the expansion of the insurance business [38]. - Research and development expenses rose significantly to CNY 8,498,223.65 from CNY 1,823,050.53, indicating a substantial increase in innovation investment [73]. Changes in Receivables and Inventory - The company's receivables increased by 241.60% to CNY 946,682,061.38, driven by the growth in trust business scale [64]. - The company reported a significant increase in receivables, with accounts receivable rising to CNY 946,682,061.38 from CNY 277,132,432.50, a growth of 241.0% [69]. - The company reported a decrease in inventory by 49.14% to CNY 44,171,203.45, resulting from sales in the spot trading business [64]. Other Financial Metrics - The weighted average return on equity increased by 3.28 percentage points to 5.02% year-to-date [43]. - The net increase in cash received from original insurance contracts was ¥12,488,816,226.19, a 46.91% increase year-on-year [39]. - The net increase in policyholder deposits and investment funds was ¥240,596,499.74, up 84.40% year-on-year [39]. - Cash paid for interest, fees, and commissions increased by 133.42% to ¥2,008,188,146.13 due to the growth in insurance business scale [39].