Anhui Yingjia Distillery Co (603198) Q3 2024 earnings summary

Executive summary

• Revenue for Q3 2024 reached ¥1.71 billion, up 2.32% year-over-year; YTD revenue was ¥5.51 billion, up 13.81% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥624.67 million, up 2.86% year-over-year; YTD net profit was ¥2.01 billion, up 20.19% year-over-year.

• Excluding non-recurring items, Q3 net profit was ¥630.83 million, up 8.52% year-over-year; YTD adjusted net profit was ¥1.997 billion, up 23.94% year-over-year.

Financial highlights

• Basic and diluted EPS for Q3 were ¥0.78; YTD EPS was ¥2.51, up 20.10% year-over-year.

• Gross margin for the first nine months was 74.3%, with operating profit of ¥2.69 billion.

• Net cash from operating activities for the first nine months was ¥1.27 billion, up 22.34% year-over-year.

• Total assets at quarter-end were ¥12.06 billion, up 1.49% from year-end 2023.

• Shareholders’ equity reached ¥9.26 billion, up 8.91% from year-end 2023.

Key financial ratios and metrics

• Weighted average ROE for the first nine months was 21.90%, down 1.40 percentage points year-over-year.

• Net profit margin for the first nine months was 36.4%.