2024-10-24-上交所-珀莱雅化妆品股份有限公司2024年第三季度报告（英文版）_16页_364kb

Financial Highlights:

• Revenue: 1,964,567,889.65 Yuan, representing a 21.15% year-over-year increase, mainly driven by online channel growth and expansion of small brands.
• Net Profit: 297,538,011.99 Yuan (attributable to shareholders), up 20.72% YoY, primarily due to higher operating revenue and gross profit, with a 31.93% YoY rise in net profit after non-recurring adjustments.
• Cash Flow: Net cash from operating activities was 403,998,041.03 Yuan, a 49.44% decrease YoY, mainly because of delayed payment nodes for promotions and increased expenses.
• Earnings Per Share (EPS): Basic EPS was 0.75 RMB (up 35.29% YoY), while diluted EPS was 0.75 RMB (up 35.14% YoY), reflecting improved profitability.
• ROE: Increased by 2.22 percentage points to 35.24%, supporting shareholder returns.
• Reasons for Change: Main drivers include online sales growth (32.72% YoY revenue increase from the year start), asset impairment losses down 57.53% YoY, and favorable gross margin improvements.

Non-recurring Profit/loss: Minimal impact reported; total non-recurring profit was 5,257,827.76 Yuan, with minority interest adjustment noted but deemed non-material.

Shareholder Information:

• Top Shareholders: HOU Juncheng with 34.46% stake (shares partially frozen), FANG Yuyou with 15.03% (associated with HOU Juncheng via family ties), and foreign investors like GIC Private Limited (3.00%) and institutional funds holding significant positions. Total ordinary shareholders were 24,321 at the end of the period.
• Share Actions: No significant changes due to lending or refinancing, as no active participation was listed. Free float impacted by treasury stock holding of 2,210,825 shares.

Other Notes: The report excludes major regulatory changes or events, with minor adjustments to financial metrics. No material contingencies or litigation noted. Total assets increased to 7,478,061,850.68 Yuan, and liabilities stood at 2,560,665,559.90 Yuan, with owner's equity at 4,917,396,290.78 Yuan. Financial statements are unaudited.

Overall Summary: Proya Cosmetics showed strong revenue growth and profit improvement in Q3 2024, achieving key financial milestones despite challenges in cash flow from operating activities, solidifying its market position.