Fuling Zhacai(002507)2023-10-27 16:00Cash Flow and Operating Activities - The total cash inflow from operating activities was CNY 2,197,746,757.60, a decrease of 9.3% compared to CNY 2,422,783,108.57 in the previous period[14]. - The net cash flow from operating activities was CNY 259,751,096.59, down 65.2% from CNY 746,467,190.00 in the previous period[15]. - The cash outflow for operating activities totaled CNY 1,937,995,661.01, up from CNY 1,676,315,918.57 in the previous period[15]. - The company received CNY 1,655,402.22 in tax refunds during the reporting period, down from CNY 2,830,009.70 in the previous period[14]. - The company's cash flow from operating activities decreased by 65.20% to ¥259,751,096.59, attributed to a decrease in received payments and an increase in raw material and promotional expenses[54]. Investment Activities - The cash inflow from investment activities was CNY 5,110,127,883.48, significantly higher than CNY 2,847,326,276.09 in the previous period[15]. - The net cash flow from investment activities was CNY 158,438,411.97, recovering from a negative CNY 328,112,390.37 in the previous period[15]. - Investment cash outflow totaled CNY 4,951,689,471.51, an increase of 55.94% compared to the previous year[43]. - The total cash inflow from investment activities increased by 79.47% to ¥5,110,127,883.48, mainly due to the recovery of principal and earnings from bank and brokerage financial products[54]. - The total amount of cash received from investment income increased by 50.47% to ¥99,482,603.35, reflecting higher earnings from bank and brokerage financial products[54]. Financial Performance - The total operating income for the current period is CNY 1,951,606,645.05, a decrease from CNY 2,045,877,988.11 in the previous period, representing a decline of approximately 4.6%[36]. - Net profit attributable to shareholders was CNY 188,845,607.61, an increase of 4.78% compared to the same period last year[50]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 171,377,241.70, up 8.26% year-over-year[50]. - The company's net profit attributable to shareholders decreased, with basic and diluted earnings per share at ¥0.57, down from ¥0.785[60]. Assets and Liabilities - The total assets amount to CNY 8,590,608,174.37, slightly down from CNY 8,601,779,789.22 at the beginning of the year[27]. - The total liabilities amount to CNY 513,450,755.36, compared to CNY 846,651,119.18 at the beginning of the year[36]. - The total equity attributable to the parent company is CNY 8,077,157,419.01, an increase from CNY 7,755,128,670.04 at the beginning of the year[36]. - Total assets at the end of the reporting period were CNY 8,590,608,174.37, a decrease of 0.13% from the end of the previous year[50]. - The company's total liabilities for lease decreased by 91.01% to ¥137,200.22, resulting from rental payments made during the reporting period[54]. Shareholder Information - The company reported a total of 110,185 common shareholders at the end of the reporting period[10]. - The largest shareholder, Chongqing Fuling State-owned Assets Investment and Operation Group, holds 406,897,920 shares[10]. Other Financial Metrics - The total diluted earnings per share calculated with the latest share capital is CNY 0.5714[20]. - The weighted average return on net assets was 2.41%, a decrease of 0.07% compared to the previous year[50]. - The total non-operating income and expenses, excluding normal business-related items, resulted in a net income of CNY 17,468,365.91 for the current period[20]. - The total non-current asset disposal loss is CNY -813.88 for the current period, with a cumulative amount of CNY -205,015.21 year-to-date[20]. - The government subsidies recognized in the current period amount to CNY 1,219,357.27, totaling CNY 2,966,957.79 year-to-date[20]. Changes in Receivables and Payables - Accounts receivable increased by 665.84% to CNY 42,635,363.91, reflecting increased credit extended to customers[52]. - Construction in progress rose by 78.88% to CNY 99,872,476.62, primarily due to investments in new production facilities[52]. - The total amount of contract liabilities decreased by 63.45% to ¥59,037,791.02, primarily due to a reduction in advance payments from customers[54]. - The company's other payables decreased by 54.05% to ¥111,877,545.08, mainly due to a reduction in sales promotion expenses and bid deposits[54]. - The company's total revenue from other income decreased by 38.16% to ¥3,304,195.31, primarily due to a reduction in government subsidies related to income[54]. Company Developments - The company has not disclosed any new product or technology developments, market expansions, or mergers and acquisitions in this report[28].