煌上煌(002695) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 569,730,988.96, representing an increase of 11.97% year-on-year[7] - Net profit attributable to shareholders for the current period was CNY 75,707,923.78, up 6.34% year-on-year[7] - Basic earnings per share for the current period was CNY 0.15, an increase of 7.14% year-on-year[7] - The company's operating revenue for the third quarter reached 1,934.37 million CNY, a year-on-year increase of 15.31%, with the meat processing segment growing by 13.53% and the rice products segment by 22.79%[16] - The net profit attributable to shareholders for the third quarter was 233.26 million CNY, reflecting a year-on-year growth of 10.26%, with the meat processing segment increasing by 13.67% while the rice products segment saw a decline of 28.58%[16] - Total operating revenue for the current period reached ¥569,730,988.96, an increase of 11.97% compared to ¥508,844,176.91 in the previous period[36] - Net profit for the current period was ¥71,561,079.64, representing a 1.61% increase from ¥70,433,773.64 in the previous period[38] - The company reported a total profit of ¥82,398,757.93, a decrease of 0.42% from ¥82,746,946.63 in the prior period[38] - The company’s net profit attributable to the parent company was ¥75,707,923.78, up from ¥71,196,812.01, reflecting a growth of 6.99%[38] - The company reported a total profit of ¥284,034,881.30, up 7.00% from ¥265,221,199.84 in the last period[46] Assets and Liabilities - Total assets increased by 6.43% to CNY 2,942,601,175.05 compared to the end of the previous year[7] - Current assets totaled CNY 2,036,178,232.22, up from CNY 1,867,495,801.77, indicating an increase of about 9.0%[28] - Total liabilities decreased to CNY 522,424,617.19 from CNY 569,234,469.07, a reduction of about 8.2%[30] - The total current liabilities decreased to CNY 374,458,909.73 from CNY 417,461,962.88, a decline of about 10.3%[30] - The company’s long-term investments increased to CNY 264,778,151.94 from CNY 261,278,151.94, showing a slight growth of about 1.0%[33] - Total liabilities and equity amounted to CNY 2,613,682,371.14[67] Cash Flow - Net cash flow from operating activities was negative at CNY -39,539,358.12, a decrease of 125.45% compared to the same period last year[7] - The cash inflow from operating activities reached CNY 2,403,197,404.96, an increase of 26.7% compared to CNY 1,895,519,216.72 in the previous year[54] - The net cash flow from operating activities was CNY 254,255,680.87, slightly down from CNY 261,486,023.02 in the same period last year[54] - The cash outflow for purchasing goods and services was CNY 1,197,744,442.89, up from CNY 798,564,772.95, indicating a 50% increase[54] - The net cash flow from financing activities increased by 15.82 million CNY, a rise of 34.02%, primarily due to increased bank borrowings[16] - Cash inflow from financing activities totaled CNY 108,000,000.00, an increase from CNY 55,180,764.80 in the same period last year[55] - The net cash flow from financing activities was CNY -30,675,932.45, improving from CNY -46,495,641.54 in the previous year[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,088[11] - The largest shareholder, Jiangxi Huangshanghuang Group Co., Ltd., holds 38.56% of the shares[11] Other Financial Metrics - Weighted average return on equity was 3.37%, a decrease of 0.22% compared to the same period last year[7] - The company reported a total of CNY 16,567,730.74 in non-recurring gains and losses for the year-to-date[8] - Financial expenses decreased by 1.80 million CNY, down 44.72%, attributed to increased interest income from bank deposits[16] - Other income increased by 8.29 million CNY, a growth of 74.01%, mainly due to higher government subsidies during the reporting period[16] - The company reported a decrease in investment income of 1.13 million CNY, down 63.50%, due to reduced financial management income during the reporting period[16] - The company experienced a decrease in non-operating income of 2.69 million CNY, down 45.16%, primarily due to reduced penalty income received[16] Inventory and Receivables - Inventory levels decreased slightly to CNY 590,729,155.76 from CNY 638,058,076.52, a decline of about 7.4%[28] - Accounts receivable increased by 50.34 million CNY compared to the end of 2019, marking a growth rate of 94.25%, primarily due to increased customer receivables from subsidiaries[16] - The company reported a significant increase in accounts receivable, which rose to CNY 103,751,512.63 from CNY 53,410,070.45, representing an increase of approximately 94.2%[28] Research and Development - Research and development expenses rose to ¥17,659,831.53, an increase of 7.87% compared to ¥16,375,153.18 in the previous period[37] - Research and development expenses were ¥59,465,607.67, which is a 13.52% increase compared to ¥52,256,638.92 in the previous period[44] Changes in Accounting Standards - The company has implemented new revenue and leasing standards starting in 2020, which required adjustments to the financial statements[59]