Financial Performance - The company's revenue for Q3 2024 reached ¥782,221,819.89, representing a 49.15% increase compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥23,294,704.85, up 7.62% year-on-year[2]. - The net profit after deducting non-recurring gains and losses decreased by 4.28% to ¥18,253,582.67 in Q3 2024[2]. - The total operating revenue for the third quarter of 2024 reached CNY 2,034,779,549.70, an increase of 33.1% compared to CNY 1,528,782,164.64 in the same period last year[18]. - The net profit for Q3 2024 was CNY 51,858,404.71, a slight decrease from CNY 52,017,795.87 in Q3 2023, representing a decline of approximately 0.3%[19]. - The total profit before tax for Q3 2024 was CNY 67,751,398.03, an increase from CNY 66,317,015.90 in Q3 2023, representing a growth of approximately 2.2%[19]. - The company reported a total comprehensive income of CNY 52,225,104.89 for Q3 2024, slightly down from CNY 52,666,092.35 in Q3 2023[20]. - Basic and diluted earnings per share for Q3 2024 were both CNY 0.44, compared to CNY 0.41 in Q3 2023, reflecting an increase of 7.3%[20]. Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥2,831,032,292.89, reflecting a 10.16% increase from the end of the previous year[2]. - The total assets of the company reached CNY 2,831,032,292.89, up from CNY 2,569,899,738.13, which is an increase of 10.2%[17]. - The total liabilities increased to CNY 951,820,002.99 from CNY 633,085,186.92, reflecting a growth of 50.4%[17]. - The total equity attributable to shareholders decreased by 2.83% to ¥1,883,139,924.36 compared to the end of the previous year[2]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥92,395,116.13, an improvement of 35.53% compared to the same period last year[2]. - The cash flow from operating activities showed a net outflow of CNY -92,395,116.13, an improvement compared to the outflow of CNY -143,314,205.73 in Q3 2023[21]. - The company incurred a net cash outflow from investing activities of CNY -98,178,375.77, compared to CNY -91,306,291.43 in the previous year[22]. - The total cash inflow from financing activities was CNY 513,433,696.31, down from CNY 607,303,200.00 in Q3 2023[22]. Expenses - The gross profit margin for the first nine months of 2024 was impacted by a 34.45% increase in operating costs, totaling ¥1,693,449,467.65[6]. - Sales expenses for Q3 2024 increased by 49.57% to ¥176,950,390.44, driven by higher marketing and personnel costs[8]. - Research and development expenses for the quarter were CNY 21,408,283.67, up from CNY 17,655,945.37, showing an increase of 21.0%[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,375, with the top 10 shareholders holding a combined 64.29% of shares[9]. - The largest shareholder, Xue Yuanchao, holds 24.28% of shares, amounting to 30,592,769 shares[10]. - The company has repurchased a total of 4,388,786 shares, representing 3.48% of the total share capital, with a total expenditure of approximately RMB 74.5 million[12]. - The first phase of the share repurchase plan involved buying back 1,348,547 shares at a maximum price of RMB 19.45 per share, totaling approximately RMB 22.93 million[13]. - The second phase of the share repurchase plan involved buying back 3,040,239 shares at a maximum price of RMB 18.24 per share, totaling approximately RMB 51.57 million[13]. - The company plans to use part of the repurchased shares for employee stock ownership plans or equity incentives[12]. - The total repurchase funds for the first phase are between RMB 20 million and RMB 40 million, while the second phase is between RMB 50 million and RMB 100 million[12]. - The company has not disclosed any significant changes in the top 10 shareholders or their relationships[10]. - The maximum repurchase price for shares in the second phase is set at RMB 24 per share[12]. - The company aims to maintain its value and protect shareholder interests through the share repurchase program[12]. Other Financial Metrics - The company's cash and cash equivalents decreased to CNY 271,325,634.96 from CNY 508,859,776.89, representing a decline of 46.7%[15]. - Accounts receivable increased significantly to CNY 476,794,569.46, up from CNY 236,155,701.70, marking a growth of 102.2%[15]. - Inventory levels rose to CNY 693,909,223.36, compared to CNY 675,807,067.19, indicating an increase of 2.0%[15]. - The company reported a decrease in other comprehensive income after tax to CNY 366,700.18 from CNY 648,296.48 in the previous year[19]. - The retained earnings increased to CNY 596,757,280.35 from CNY 585,910,387.55, indicating a growth of 2.4%[17].
天元宠物(301335) - 2024 Q3 - 季度财报