西部牧业(300106) - 2022 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2022 reached ¥351,725,025.36, an increase of 17.54% year-over-year, while total revenue for the year-to-date was ¥973,430,435.30, up 18.37% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was ¥2,482,440.24, a significant increase of 53.07% year-over-year, with year-to-date net profit at ¥14,562,441.40, showing a modest increase of 0.93%[4] - The net profit excluding non-recurring gains and losses for Q3 2022 was ¥3,781,089.93, up 131.65% year-over-year, while the year-to-date figure was ¥13,780,862.27, down 10.65%[4] - Total operating revenue for the period reached CNY 973,430,435.30, an increase of 18.4% compared to CNY 822,356,786.29 in the previous period[20] - Net profit for the period was CNY 33,638,798.34, a decrease of 1.8% from CNY 35,276,264.92 in the same period last year[22] - The company reported a total comprehensive income of CNY 33,638,798.34, slightly down from CNY 35,276,264.92 in the previous year[22] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date reached ¥104,327,429.96, an increase of 39.98%[4] - Net cash flow from operating activities grew by 39.98% year-to-date, driven by increased cash inflows from sales at Garden Dairy[12] - The company reported a net cash flow from operating activities of CNY 104,327,429.96, an increase of 40.0% compared to CNY 74,530,035.30 in the previous period[24] - Net cash flow from investing activities decreased by 64.15% year-to-date, primarily due to reduced fixed asset investments by Garden Dairy and Tianshan Yunmu Dairy[12] - Net cash flow from financing activities increased by 261.34% year-to-date, as there were no dividend distributions to shareholders this period compared to the previous year[12] - The net increase in cash and cash equivalents was ¥117,375,193.38, compared to ¥50,120,357.28 in the previous period, showing strong liquidity growth[25] - The ending balance of cash and cash equivalents was ¥358,802,922.20, up from ¥258,087,994.99 in the previous period[25] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥1,254,496,523.60, reflecting a growth of 15.39% compared to the end of the previous year[4] - Total current assets as of September 30, 2022, amounted to CNY 717,705,236.55, up from CNY 523,715,290.79 at the beginning of the year[18] - Total assets reached CNY 1,254,496,523.60 as of September 30, 2022, compared to CNY 1,087,167,060.96 at the start of the year[18] - Total liabilities included short-term borrowings of CNY 211,000,000.00, up from CNY 187,000,000.00 at the start of the year[18] - The total liabilities increased to CNY 536,973,966.69 from CNY 403,283,302.39, reflecting a growth of 33.2%[20] Expenses - Operating expenses increased by 383.11% year-to-date compared to the same period last year, primarily due to donations and other non-recurring losses[12] - Income tax expenses rose by 267.58% year-to-date, mainly attributed to increased tax expenses from the subsidiary Garden Dairy[12] - The company recorded an increase in sales expenses to CNY 60,581,211.03, up from CNY 48,017,294.88, reflecting a 26.5% rise[20] - Research and development expenses increased to CNY 3,255,474.47, compared to CNY 2,613,510.75 in the previous period, showing a growth of 24.5%[20] Investments and Production - The company is actively engaged in the construction of new production lines, including a 10,000-ton infant formula production line and a 1.8 million-ton Tetra Pak liquid dairy production line[5] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was ¥4,808,682.24, a decrease of 64.7% from ¥13,593,232.01 in the previous period[25] - Net cash flow from investment activities was -¥4,787,362.24, compared to -¥13,355,091.01 in the previous period, indicating an improvement[25] Shareholder Information - The total equity attributable to shareholders of the parent company rose to CNY 607,106,448.81, up from CNY 592,544,007.41, marking a 2.6% increase[20] - Basic earnings per share improved to CNY 0.0689 from CNY 0.0683, indicating a slight growth in profitability per share[22]