LTH(000912)2024-10-25 11:03Revenue and Profit - Revenue for Q3 2024 was CNY 1,237,308,296.38, a decrease of 20.99% compared to the same period last year[2] - Net profit attributable to shareholders was CNY -8,741,635.92, representing a decline of 110.62% year-over-year[2] - Total operating revenue for Q3 2024 was CNY 4,113,723,959.31, a decrease of 21.2% compared to CNY 5,219,638,715.19 in the same period last year[16] - Net profit for Q3 2024 was CNY 125,065,161.71, a decline of 46.2% from CNY 232,319,058.37 in Q3 2023[17] - The company reported a comprehensive income total of CNY 119,255,003.21 for Q3 2024, compared to CNY 230,237,449.54 in the previous year, indicating a decrease of 48.2%[18] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.0798, down from CNY 0.1507 in Q3 2023, representing a decline of 47.1%[18] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY 123,739,322.48, down 73.92% compared to the previous year[8] - The cash flow from operating activities was not detailed in the provided documents, but the company emphasized ongoing efforts to improve cash management and operational efficiency[16] - Operating cash inflow for the current period was ¥4,806,428,131.29, a decrease of 10.9% from ¥5,398,513,197.77 in the previous period[19] - Net cash outflow from operating activities was ¥123,739,322.48, down 73.9% from ¥474,547,715.22 in the previous period[20] - The ending balance of cash and cash equivalents decreased to ¥754,899,539.72 from ¥1,191,392,047.09, a decline of 36.7%[21] - The company reported a cash outflow from operating activities of ¥4,682,688,808.81, which is an increase of 5.2% compared to ¥4,923,965,482.55 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,529,914,276.35, an increase of 1.34% from the end of the previous year[2] - Total assets as of September 30, 2024, amounted to CNY 10,529,914,276.35, an increase from CNY 10,390,269,476.94 at the beginning of the period[12] - Current assets totaled CNY 5,668,652,768.55, compared to CNY 5,521,298,314.51 at the beginning of the period, reflecting a growth in liquidity[13] - The total liabilities increased to CNY 4,060,506,357.05 in Q3 2024 from CNY 3,984,717,284.08 in the previous year, marking a rise of 1.9%[15] - The total equity attributable to shareholders of the parent company was CNY 6,463,758,323.29, an increase from CNY 6,399,866,917.37, reflecting a growth of 1.0%[15] Investments and Income - The company reported investment income of CNY 25,587,546.55 for Q3 2024, compared to CNY 16,733,806.08 in the same period last year, showing an increase of 53.0%[17] - The company reported a significant increase in accounts receivable by 39.05% to CNY 111,691,465.53, attributed to sales payments not yet due[5] - The company recorded a 134.31% increase in productive biological assets, totaling CNY 1,492,395.76, due to the purchase of new assets[6] - Other income increased by 39.83% to CNY 8,997,097.10, mainly from VAT deductions[7] - The company reported a 156.48% increase in non-operating income, reaching CNY 42,170,635.27, primarily from the sale of carbon emission quotas[7] Shareholder Information - The company reported a total of 47,654 common shareholders at the end of the reporting period[10] - The top ten shareholders include state-owned entities, with the largest being Luzhou Tianhua (Group) Co., Ltd. holding 15.09%[10] - The company has no preferred shareholders or significant changes in financing activities among the top shareholders[11] Operating Costs and Expenses - Total operating costs for Q3 2024 were CNY 4,039,100,837.02, down from CNY 5,001,872,955.08, reflecting a reduction of 19.2%[16] - Research and development expenses for Q3 2024 were CNY 31,049,953.58, down from CNY 38,973,626.14, indicating a decrease of 20.3%[16] Financing Activities - The net cash flow from financing activities was CNY -52,931,476.07, a decrease of 269.31% year-over-year, mainly due to repayment of bank loans[8] - Cash inflow from financing activities totaled ¥1,694,533,661.34, down 18% from ¥2,067,186,642.17 in the previous period[21] - Net cash outflow from financing activities was -¥52,931,476.07, contrasting with a net inflow of ¥31,262,961.81 in the previous period[21]