Financial Performance - The company's revenue for Q3 2023 was ¥524,462,313.59, a decrease of 18.74% compared to the same period last year[5] - Net profit attributable to shareholders was ¥21,644,845.44, down 54.20% year-on-year[5] - The basic earnings per share decreased by 66.00% to ¥0.17[5] - The net profit for Q3 2023 was CNY 52,017,795.87, a decrease of 45.12% compared to CNY 94,786,893.21 in the same period last year[11] - Operating profit fell to CNY 66,360,291.88, down 41.92% from CNY 114,255,808.47 year-on-year, primarily due to increased period expenses and a significant decline in exchange gains[11] - Basic and diluted earnings per share decreased by 59.00% to CNY 0.41 from CNY 1.00 in the previous year[11] - The company reported a total comprehensive income of CNY 52,666,092.35 for Q3 2023, down from CNY 94,847,585.14 in Q3 2022[25] - The company’s total profit before tax was CNY 66,317,015.90, a decrease from CNY 114,391,939.93 in Q3 2022[24] Assets and Liabilities - Total assets increased by 12.81% to ¥2,637,942,493.74 compared to the end of the previous year[5] - Total liabilities rose to CNY 724,367,795.27, up from CNY 432,607,694.82, indicating a significant increase of 67.3%[21] - The company's total equity attributable to shareholders was ¥1,913,675,607.22, a slight increase of 0.42% from the end of the previous year[5] - The company's equity attributable to shareholders reached CNY 1,913,675,607.22, slightly up from CNY 1,905,762,583.42, a growth of 0.6%[21] Cash Flow - The company reported a net cash flow from operating activities of -¥143,314,205.73, a decrease of 4.16% year-to-date[5] - The net cash flow from financing activities was CNY 186,984,273.14, a 231.68% increase from CNY 56,374,805.58, attributed to increased short-term and long-term borrowings[12] - The net cash flow from operating activities was negative at CNY -143,314,205.73, compared to CNY -137,586,448.75 in Q3 2022[27] - Investment activities resulted in a net cash outflow of CNY -91,306,291.43, worsening from CNY -14,577,651.62 in the previous year[27] Inventory and Receivables - Accounts receivable rose by 45.98% to ¥337,026,855.32 due to increased pet food business[9] - Inventory increased by 83.45% to ¥695,282,359.04 as a result of increased procurement and stocking of pet food products[9] - Inventory levels rose significantly to CNY 695,282,359.04, compared to CNY 379,003,527.46 at the start of the year, representing an increase of 83.5%[19] Expenses - Financial expenses increased by 130.27% to ¥7,193,869.50 due to higher bank loan interest and decreased exchange gains[10] - Total operating costs amounted to CNY 1,461,927,282.08, up from CNY 1,379,503,108.47, reflecting a year-over-year increase of 6.0%[23] - Research and development expenses increased to CNY 17,655,945.37, compared to CNY 13,858,237.41 in the previous year, marking a growth of 27.0%[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,161, with no preferred shareholders[14] - The largest shareholder, Xue Yuanchao, holds 24.28% of the shares, amounting to 30,592,769 shares[14] Future Outlook - The company plans to continue expanding its market presence and investing in new product development to drive future growth[11]
天元宠物(301335) - 2023 Q3 - 季度财报