品渥食品(300892) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥287,684,746.14, a decrease of 33.77% compared to the same period last year[5] - The net profit attributable to shareholders was -¥11,853,819.46, representing a decline of 1,735.28% year-over-year[5] - Total revenue for Q3 2023 was CNY 862,929,079.24, a decrease of 26.5% compared to CNY 1,174,746,962.62 in the same period last year[18] - Operating profit for Q3 2023 was a loss of CNY 96,237,237.41, compared to a profit of CNY 18,445,599.24 in Q3 2022[18] - The company reported a net loss of CNY 92,496,700.53 for Q3 2023, compared to a profit of CNY 25,232,048.98 in the same quarter last year[18] - The total comprehensive income for Q3 2023 was -71,723,795.90 CNY, down from 16,265,987.71 CNY in Q3 2022[19] - The net profit for Q3 2023 was -70,311,632.52 CNY, compared to a net profit of 16,263,254.98 CNY in the same period last year, indicating a significant decline[19] Cash Flow - The cash flow from operating activities showed a net outflow of -¥51,757,240.54, an improvement of 69.44% compared to the previous year[5] - Cash inflow from operating activities was 980,378,608.63 CNY, a decrease of 21.2% from 1,243,904,243.74 CNY in the previous year[22] - The net cash flow from operating activities was -51,757,240.54 CNY, improving from -169,379,244.94 CNY in the same quarter last year[22] - The company reported cash outflows from investing activities totaling 602,192,696.38 CNY, compared to 714,581,677.83 CNY in the previous year[22] - The net cash flow from financing activities was 12,844,847.61 CNY, a turnaround from -49,231,989.44 CNY in Q3 2022[23] - The company received cash from investment recovery amounting to 583,000,000.00 CNY, down from 812,000,000.00 CNY in the previous year[22] - The company’s total cash inflow from operating activities was significantly impacted by a decrease in cash received from sales, which was 956,658,738.83 CNY compared to 1,227,795,940.43 CNY in the previous year[22] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥1,359,718,194.80, down 5.84% from the end of the previous year[5] - Current assets decreased to CNY 885,557,732.02 from CNY 1,064,949,393.84, a decline of 16.8%[16] - Total liabilities decreased to CNY 282,408,777.61 from CNY 298,367,238.24, a reduction of 5.3%[16] - Cash and cash equivalents as of September 30, 2023, were CNY 321,950,897.38, down from CNY 377,995,944.81[16] - Inventory decreased to CNY 280,192,565.74 from CNY 325,517,618.37, a decline of 13.9%[16] - The company's equity attributable to shareholders decreased to CNY 1,077,309,417.19 from CNY 1,145,739,884.30, a decline of 5.9%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10.371 million[12] - The largest shareholder, Wang Mu, holds 45.00% of shares, totaling 45 million shares[12] - The second largest shareholder, Wu Baigen, holds 17.19% of shares, totaling 17,192,300 shares[12] - The total number of restricted shares at the beginning of the period was 69,375,000, with 53,523,750 shares released during the period[13] - The total number of restricted shares at the end of the period is 56,004,800[13] - The company has released 33,750,000 shares from the lock-up period for major shareholder Wang Mu[13] - The company has a total of 40,153,550 shares that were newly restricted during the reporting period[13] Corporate Governance - The company held its first extraordinary general meeting on September 8, 2023, electing a new board of directors and supervisory board[14] - The new board and supervisory board will serve a term of three years starting from the approval date of the extraordinary general meeting[14] Future Plans - The company plans to continue its market expansion and product development strategies in the upcoming quarters[14] Research and Development - The company’s research and development expenses decreased by 63.56% to ¥271,104.39 due to a reduction in R&D personnel[10] Investments - The company reported a significant increase in construction in progress, rising by 1,594.69% to ¥80,376,194.61 due to the renovation of the cheese factory and new asset purchases in New Zealand[10] - The company reported a significant increase in deferred tax assets, up 343.49% to ¥29,819,874.75, primarily due to unutilized losses[10] Earnings Per Share - The company’s basic and diluted earnings per share were both -¥0.1185, a decrease of 1,745.83% year-over-year[5] - The basic and diluted earnings per share for Q3 2023 were both -0.7031 CNY, compared to 0.1626 CNY in the same period last year[19]