华统股份(002840) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the period was CNY 2,019,617,167.91, representing a growth of 59.33% year-on-year[9] - Net profit attributable to shareholders was CNY 15,341,212.96, a decrease of 40.59% compared to the same period last year[9] - The net profit after deducting non-recurring gains and losses was CNY 5,971,498.93, down 67.34% year-on-year[9] - Basic earnings per share decreased by 57.14% to CNY 0.06[9] - Total operating revenue for the current period reached CNY 5,394,086,369.48, representing a year-on-year increase of 46.94% due to higher sales prices of fresh pork products[26] - The company reported a significant increase in inventory to ¥161,948,649.53 from ¥83,369,982.64, representing a growth of approximately 94.3%[59] - Total operating costs amounted to ¥2,013,190,662.01, up from ¥1,251,035,809.01, reflecting a growth of 60.9%[69] - Net profit for the period was ¥16,616,776.99, a decrease of 31.8% from ¥24,359,119.63 in the same period last year[72] Cash Flow - The net cash flow from operating activities was negative CNY 9,548,778.66, a decline of 284.61% compared to the previous year[9] - The net cash flow from operating activities was negative CNY 52,968,721.83, a decrease of 201.56% compared to the previous period[29] - Operating cash flow for the current period was negative at CNY -52,968,721.83, compared to a positive CNY 52,155,360.28 in the previous period[103] - The company reported a significant increase in cash received from operating activities, totaling CNY 5,895,686,172.39, compared to CNY 4,077,187,009.46 in the previous period, an increase of approximately 44.5%[103] - Total cash inflow from operating activities was 1,025,927,351.27, down from 1,314,471,214.17 year-over-year[107] - The total cash outflow from operating activities was 1,088,012,290.16, a decrease from 1,304,801,481.93 year-over-year[110] Assets and Liabilities - Total assets reached CNY 2,746,106,410.70, an increase of 26.22% compared to the previous year[9] - The company's accounts receivable increased by 89.31% to CNY 27,547,631.14, primarily due to some customers adopting a monthly settlement model[26] - The company's inventory rose by 159.63% to CNY 362,702,207.36, mainly due to an increase in product stock[26] - Current liabilities increased significantly to ¥948,466,679.43 from ¥508,808,473.28, an increase of around 86.5%[55] - Total liabilities rose to ¥1,138,055,811.68 from ¥736,479,089.94, indicating an increase of about 54.5%[55] - Total current assets increased to ¥953,982,255.73 from ¥683,480,589.70, representing an increase of approximately 39.6%[52] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,381[14] - The largest shareholder, Huadong Group Co., Ltd., held 41.46% of the shares[14] Investments and Projects - The company plans to invest approximately ¥2 billion in the "Xinghua Huadong Pig Industry Chain Integration Project," which includes feed processing, pig farming, slaughtering, food processing, and market sales[30] - The company signed a cooperation agreement for the "Xianju Huadong Agricultural Complex Project" with a planned investment of ¥350 million, including vegetable production, fruit planting, and modern ecological farming[30] - The "Qujiang Huadong Pig Industry Chain Project" has a planned investment of ¥850 million, with the breeding farm expected to be operational by the end of 2019 and the fattening farm by the second half of 2020[30] - The company acquired a 35% stake in Zhengkang (Yiwu) Pig Industry Co., Ltd. through a purchase and two capital increases, enhancing its ecological farming capabilities[30] Expenses - The company's management expenses rose by 86.70% to CNY 101,024,397.71, mainly due to the recognition of equity incentive expenses[26] - Research and development expenses for the period were ¥11,102,557.35, significantly higher than ¥4,160,149.99 in the previous period, reflecting a 167.5% increase[69] - Operating expenses increased by 119.60% to ¥1,310,757.34, primarily due to increased non-current asset disposal and penalty expenses[30] Other Financial Metrics - The company reported a financial expense increase of 200.39% to CNY 15,722,465.92, mainly due to increased bank borrowings[26] - Income tax expenses decreased by 91.10% to ¥353,577.61, mainly due to the completion of income tax recognition from the previous period's subsidiary demolition[30] - The company has not conducted any repurchase transactions among its top shareholders during the reporting period[23] - The company has no violations regarding external guarantees during the reporting period[40] - There are no overdue commitments from the actual controller, shareholders, or related parties during the reporting period[41]