好想你(002582) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 78.85% to CNY 250,382,729.29 compared to the same period last year[8] - Net profit attributable to shareholders was a loss of CNY 17,713,505.06, a decrease of 562.56% compared to the same period last year[8] - Basic earnings per share were negative CNY 0.0353, a decrease of 564.47% compared to the same period last year[8] - The company's operating revenue for the first nine months of 2020 decreased by 32.26% to ¥2,737,464,026.86, mainly due to the exclusion of Haomusi from the consolidated financial statements starting June 2020[22] - The company reported a significant decrease in inventory, with CNY 59,514,690.88 as of September 30, 2020, down from CNY 130,833,384.12 in the previous year, a decline of approximately 54.5%[50] - The company's total revenue for the third quarter was approximately CNY 400.90 million, a decrease of 27.7% compared to CNY 554.96 million in the same period last year[66] - The total profit for the quarter was -¥730,212.74, a decline from ¥7,364,514.03 in the same period last year[59] Assets and Liabilities - Total assets increased by 3.77% to CNY 6,666,497,643.75 compared to the end of the previous year[8] - The total number of shareholders at the end of the reporting period was 64,731[14] - The total liabilities amount to CNY 1,073,094,089.67, a decrease from CNY 3,021,478,007.94 in the previous year[46] - The company's total liabilities decreased to CNY 1,009,067,915.24 in Q3 2020 from CNY 1,130,602,011.90 in the previous year, a reduction of approximately 10.7%[51] - The total current liabilities were 2,755,314,375.45 CNY, unchanged from the previous period[80] Cash Flow - Net cash flow from operating activities was negative CNY 606,601,339.04, a decrease of 2,351.97% compared to the same period last year[8] - Cash flow from operating activities showed a net outflow of CNY 281.15 million, contrasting with a net inflow of CNY 676.79 million in the same period last year[71] - The net cash flow from investment activities was 2,339,838,829.04 CNY, compared to -62,314,014.39 CNY previously[75] - Cash and cash equivalents at the end of the period totaled CNY 1.83 billion, an increase from CNY 1.22 billion at the end of the previous year[72] Shareholder Information - The largest shareholder, Shi Jubin, holds 25.07% of the shares, with a total of 129,289,218 shares[14] - The company plans to repurchase between 113 million and 226 million shares, representing 21.91% to 43.83% of the total share capital, at a price not exceeding ¥13.00 per share[27] - The company has not yet implemented the share repurchase plan as of September 30, 2020[28] Tax and Expenses - The company reported a significant increase in tax payments due to the sale of Haomusi, affecting cash flow[9] - The company reported a significant increase in tax expenses, rising by 1,867.85% to ¥783,234,751.97, due to a substantial increase in profit following the sale of Haomusi[22] - The company recorded a 332.60% increase in tax payments, amounting to ¥884,902,241.08, due to higher corporate income tax payments[25] Investment and Future Projections - The estimated cumulative net profit for the year 2020 is projected to be CNY 213,492.59 million, representing a significant increase of 1,008.35% compared to the previous year's CNY 19,262.27 million[36] - The basic earnings per share (EPS) is expected to rise to CNY 4.44, reflecting an increase of 1,018.42% from last year's CNY 4.25[36] - The substantial growth in net profit is primarily attributed to the completion of the 100% equity sale of Hangzhou Haomusi Food Co., Ltd. in June 2020[36] Research and Development - Research and development expenses increased to ¥9,464,159.05, up 42.0% from ¥6,667,695.74[58] - Research and development expenses were CNY 21.59 million, slightly up from CNY 20.99 million year-over-year[66] Risk Management - The company has established a risk management system for futures trading, focusing on price fluctuation risks and liquidity risks, ensuring that the margin for futures trading does not exceed 10% of the latest audited net asset value[35] - The company is actively engaged in hedging activities using red date futures to mitigate the impact of price volatility on its operational performance, with a clear management policy in place[35]