NEW HOPE(000876)2024-10-30 10:55Financial Performance - The company's operating revenue for Q3 2024 was ¥27,631,772,053.01, a decrease of 25.91% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥1,370,734,565.30, an increase of 256.68% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,354,302,978.20, up 247.76% from the previous year[2]. - The basic earnings per share for Q3 2024 was ¥0.30, representing a 250.00% increase compared to the same period last year[2]. - Total operating revenue for the current period is ¥77.21 billion, a decrease of 27.7% from ¥106.75 billion in the previous period[17]. - Total operating costs for the current period are ¥78.36 billion, down 29.6% from ¥111.42 billion in the previous period[17]. - Net profit for the current period is ¥33.42 million, compared to a net loss of ¥4.54 billion in the previous period[18]. - The company reported a significant increase in investment income, totaling ¥1.42 billion, compared to ¥1.54 billion in the previous period[17]. - Basic earnings per share for the current period is ¥0.02, compared to a loss of ¥0.87 in the previous period[19]. - The total comprehensive income for the current period is -¥178.57 million, compared to -¥4.53 billion in the previous period[19]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥119,956,920,805.01, a decrease of 7.45% from the end of the previous year[2]. - The company's total liabilities decreased from CNY 93,680,229,245.22 to CNY 84,989,638,367.42, a reduction of approximately 9.1%[16]. - Non-current liabilities decreased from CNY 38,569,763,820.39 to CNY 37,630,629,636.34, a decline of about 2.4%[16]. - The company's total equity decreased from CNY 35,930,376,287.85 to CNY 34,967,282,437.59, a decline of approximately 2.7%[16]. - The total current assets decreased from CNY 31,142,146,386.42 to CNY 22,813,359,120.06, a reduction of approximately 26.8%[14]. - Cash and cash equivalents decreased from CNY 10,849,989,539.28 to CNY 9,485,066,525.82, a decline of about 12.5%[14]. - The company's inventory decreased from CNY 13,315,721,502.38 to CNY 9,092,040,752.57, a decline of about 31.8%[14]. Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥8,274,120,273.82, an increase of 24.14% year-on-year[2]. - Cash flow from operating activities generated ¥8.27 billion, an increase of 24.1% from ¥6.67 billion in the previous period[20]. - Net cash inflow from investment activities was 3,842,112,245.18 CNY, compared to 1,887,191,361.64 CNY in the previous year, showing a significant increase[21]. - Net cash outflow from financing activities was -6,410,316,325.16 CNY, compared to -4,774,611,351.37 CNY in the previous year, indicating a worsening cash flow situation[21]. - Total cash and cash equivalents at the end of the period amounted to 8,472,734,258.16 CNY, down from 9,834,502,127.26 CNY year-over-year[21]. - Cash received from financing activities totaled 33,273,282,735.10 CNY, a decrease from 35,449,205,089.22 CNY in the previous year[21]. - Cash paid for debt repayment was 35,502,921,782.71 CNY, compared to 34,006,126,479.80 CNY in the previous year, reflecting increased debt obligations[21]. - The net cash flow from investment activities was -1,950,659,335.07 CNY, worsening from -1,718,397,571.52 CNY year-over-year[21]. - The company reported a net increase in cash and cash equivalents of -183,246,950.15 CNY, contrasting with a positive increase of 120,482,953.02 CNY in the previous year[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 199,608[7]. - The largest shareholder, Southern Hope Industrial Co., Ltd., holds 29.23% of the shares, totaling 1,328,957,185 shares[7]. - A total of 488 individuals will have their restricted stock options released, with 7,782,800 shares eligible for release[11]. - The top 10 shareholders have seen changes due to the transfer and lending of shares, with specific changes noted for two funds exiting[9]. - The total number of shares held by the top 10 shareholders with unrestricted shares is 2,490,000,000[8]. - The company has not disclosed any other related party relationships among the top 10 shareholders[7]. - The company has not reported any pledged, marked, or frozen shares during the reporting period[7]. Related Party Transactions - The company plans to increase purchases from related parties, with an estimated amount of approximately 1.2 billion RMB for egg and poultry products[10]. - The company will sell feed and feed raw materials to related parties, amounting to approximately 7.18 billion RMB[10]. Stock Incentive Plans - The company’s stock incentive plan has been approved based on the performance results achieved in 2023[11]. - The company unlocked 8,382,540 shares from the 2022 employee stock ownership plan, representing 80% of the eligible shares for the second unlocking period[12]. - The company decided to terminate part of the remaining unlocking period of the 2022 employee stock ownership plan due to significant changes in the external environment[13]. - The company adjusted the number of shares in the repurchase account, affecting 19,842,487 shares[13]. Other Financial Information - The company experienced a foreign exchange loss of ¥278.67 million, compared to a loss of ¥43.36 million in the previous period[19]. - The company did not undergo an audit for the third quarter report[22].