中农联合(003042) - 2024 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2024 reached ¥535,638,699.92, an increase of 17.16% compared to the same period last year[2] - Net profit attributable to shareholders was -¥23,447,474.00, a decline of 68.22% year-on-year[2] - Net profit excluding non-recurring items was -¥24,876,139.84, a decrease of 66.53% compared to the previous year[2] - Total operating revenue for Q3 2024 reached CNY 1,526,625,935.73, an increase of 12.7% compared to CNY 1,354,606,085.58 in the same period last year[10] - Net loss for Q3 2024 was CNY -56,025,191.01, an improvement from a net loss of CNY -85,617,527.11 in Q3 2023[11] - The total comprehensive income attributable to the parent company for Q3 2024 was -56,119,458.44 CNY, compared to -85,729,229.89 CNY in the same period last year, showing an improvement[12] - Basic and diluted earnings per share for Q3 2024 were both -0.39 CNY, an improvement from -0.60 CNY in Q3 2023[12] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,869,088,463.97, up 3.36% from the end of the previous year[2] - Non-current assets totaled CNY 2,453,744,151.52, an increase of 9.3% from CNY 2,243,461,150.36 in the previous year[8] - The total liabilities increased to CNY 2,447,414,228.21 from CNY 2,269,487,070.14, reflecting a rise of 7.9%[8] - Shareholders' equity attributable to the parent company decreased to ¥1,421,674,235.76, down 3.55% from the previous year[2] - The equity attributable to shareholders decreased to CNY 1,421,674,235.76 from CNY 1,474,002,417.71, a decline of 3.6%[9] Cash Flow - Cash flow from operating activities was -¥43,019,654.10, a 32.37% improvement compared to the same period last year[5] - Cash inflow from operating activities for the current period was 1,041,891,288.67 CNY, a decrease from 1,071,003,665.11 CNY in the previous year[13] - Cash outflow from operating activities totaled 1,084,910,942.77 CNY, resulting in a net cash flow from operating activities of -43,019,654.10 CNY, compared to -63,613,349.06 CNY last year[13] - Cash inflow from financing activities was 735,883,724.78 CNY, down from 879,022,001.15 CNY in the same period last year[14] - The net cash flow from financing activities was 106,121,900.54 CNY, significantly lower than 455,393,880.52 CNY in Q3 2023[14] - Cash and cash equivalents decreased from CNY 571,581,499.37 to CNY 366,307,822.87, a decline of approximately 36%[7] - The cash and cash equivalents at the end of Q3 2024 were 191,093,045.78 CNY, down from 330,337,053.67 CNY at the end of Q3 2023[14] Receivables and Inventory - The company reported a significant increase in accounts receivable, which rose by 112.40% to ¥448,112,640.49[5] - Accounts receivable increased from CNY 210,977,486.17 to CNY 448,112,640.49, representing a growth of about 112%[7] - Inventory decreased from CNY 563,190,547.98 to CNY 466,766,388.78, a reduction of approximately 17%[7] - Total current assets decreased from CNY 1,500,028,337.49 to CNY 1,415,344,312.45, a decline of about 6%[7] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,127[6] - The company’s major shareholders include China Agricultural Production Materials Group with a 30.57% stake and Xu Hui with a 9.58% stake[6] - The company has not reported any changes in the number of preferred shareholders or significant events during the quarter[6] Other Financial Information - Financial expenses increased by 88.70% to ¥27,734,557.87 due to higher interest expenses[5] - The company recorded a 198.18% increase in asset disposal gains, amounting to ¥101,987.61[5] - Research and development expenses for Q3 2024 were CNY 47,174,877.08, down from CNY 67,180,077.76, a decrease of 29.8%[10] - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company has not engaged in any financing or securities lending activities during the reporting period[6] - The total amount of other receivables decreased slightly from CNY 1,480,451.88 to CNY 1,400,789.90[7] - The company received 54,373,967.50 CNY in tax refunds during the current period, compared to 91,088,534.69 CNY in the previous year[13] - The company reported a decrease in cash received from other operating activities to 7,948,621.51 CNY from 7,593,718.94 CNY last year[13]