庄园牧场(002910) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥254,607,909.74, representing a 26.74% increase year-over-year, while the year-to-date revenue was ¥735,427,726.22, up 39.85% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2021 was ¥9,430,618.65, a 15.04% increase year-over-year, and the year-to-date net profit was ¥32,284,409.19, showing a significant increase of 418.81%[4] - The company's sales revenue for the first nine months of 2021 was ¥735,427,726.22, a 39.85% increase from ¥525,873,018.45 in the same period of 2020, driven by a recovery in the dairy product consumption market[10] - Operating profit for the current period was ¥43,147,206.86, up from ¥5,328,561.55, indicating a substantial improvement in profitability[21] - Net profit for the current period was ¥32,284,409.19, compared to ¥6,222,770.75 in the previous period, marking an increase of approximately 418.5%[22] - The company reported a total comprehensive income of ¥32,284,409.19 for the current period, compared to ¥6,222,770.75 in the previous period, indicating strong overall performance[22] Earnings Per Share - The basic earnings per share for Q3 2021 remained at ¥0.04, with a year-to-date figure of ¥0.14, reflecting a 366.67% increase compared to the same period last year[5] - Basic and diluted earnings per share were both ¥0.14, significantly higher than ¥0.03 in the prior period[22] Cash Flow - The company reported a net cash flow from operating activities of ¥210,607,025.31 for the year-to-date period, which is an increase of 87.07% compared to the same period last year[10] - Cash flow from operating activities generated a net amount of ¥210,607,025.31, compared to ¥112,579,422.44 in the previous period, showing an increase of about 87%[25] - Cash flow from investing activities resulted in a net outflow of ¥333,005,749.02, worsening from a net outflow of ¥176,520,638.72 in the prior period[26] - Cash flow from financing activities showed a net outflow of ¥191,646,267.44, compared to a net inflow of ¥219,741,325.49 in the previous period, indicating a shift in financing strategy[26] - The ending balance of cash and cash equivalents was ¥317,516,106.10, down from ¥349,710,887.68 in the previous period, reflecting a decrease of approximately 9.2%[26] Assets and Liabilities - Total assets as of September 30, 2021, were ¥2,695,375,265.11, a decrease of 12.50% from the end of the previous year[5] - Current assets decreased to CNY 585,877,920.71 from CNY 1,041,467,311.46, indicating a decline of approximately 43.8%[16] - Cash and cash equivalents dropped significantly to CNY 357,516,106.10 from CNY 846,728,942.97, a decrease of about 57.8%[16] - Total liabilities decreased to CNY 1,075,930,861.19 from CNY 1,488,724,409.10, reflecting a reduction of approximately 27.8%[18] - Short-term borrowings were reduced to CNY 143,286,888.88 from CNY 322,336,936.66, a decrease of about 55.6%[17] - The company’s long-term borrowings increased to CNY 371,966,933.79 from CNY 311,281,479.94, an increase of about 19.5%[18] Inventory and Financial Expenses - The company’s inventory increased by 41.42% to ¥160,692,377.53, primarily due to the acquisition of silage corn[9] - The company’s financial expenses decreased by 42.21% to ¥12,011,538.72, mainly due to a reduction in bank loans[10] Government Subsidies - The company received government subsidies amounting to ¥1,327,736.27 during the reporting period, contributing positively to its financial performance[7] Other Information - The third quarter report of Lanzhou Zhuangyuan Pasture Co., Ltd. has not been audited[28] - The company has implemented the new leasing standards starting from 2021, but there are no adjustments to prior comparative data[27] - The third quarter report was announced on October 29, 2021[29]