Sunway(603333)2024-10-15 09:11Financial Performance - The company's operating revenue for Q3 2024 was ¥467,689,223.22, a decrease of 21.70% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2024 was ¥21,564,708.98, an increase of 221.57% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥21,131,239.32, a significant increase of 589.69% compared to the previous year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 1,197,547,176.14, a decrease of 25.3% compared to CNY 1,604,017,783.75 in the same period of 2023[14]. - Net profit for the first three quarters of 2024 was CNY 18,850,493.05, a decline of 37.1% compared to CNY 29,976,126.27 in 2023[15]. - The total comprehensive income attributable to the parent company was CNY 26,971,114.14, an increase from CNY 25,917,911.70 in the previous year[16]. - The company reported a total comprehensive income of CNY 26,824,025.66 for the third quarter, compared to CNY 25,586,111.27 in the previous year[16]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥3,219,639,967.96, a decrease of 3.94% from the end of the previous year[4]. - The company's total assets decreased to CNY 3,219,639,967.96 from CNY 3,351,705,525.44, reflecting a reduction of 3.9%[13]. - Total liabilities decreased to CNY 1,113,042,859.06 from CNY 1,218,250,337.70, a decline of 8.6%[13]. - The company's total equity decreased to CNY 2,106,597,108.90 from CNY 2,133,455,187.74, a decline of 1.3%[13]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥4,130,300.04, a decrease of 129.63% year-on-year[3]. - Net cash flow from operating activities for the third quarter was -CNY 4,130,300.04, a significant decline from CNY 13,939,373.93 in the previous year[17]. - Cash inflow from financing activities totaled CNY 530,600,000.00, slightly up from CNY 519,503,838.60 in the previous year[18]. - The company incurred cash outflows of CNY 579,792,043.85 in financing activities, compared to CNY 569,193,847.44 in the same period last year[18]. - The net increase in cash and cash equivalents for the third quarter was -CNY 97,886,531.96, compared to -CNY 225,221,679.59 in the same period last year[18]. Shareholder Information - The company reported a total of 30,498 common shareholders at the end of the reporting period[8]. - The largest shareholder, Li Guangyuan, holds 21.44% of the shares, totaling 133,250,500 shares[8]. - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending[9]. - The company has not identified any related party transactions among the top ten shareholders[9]. Operational Metrics - The weighted average return on net assets for Q3 2024 was 1.01%, an increase of 225.81% year-on-year[3]. - The basic earnings per share for Q3 2024 was ¥0.03, reflecting a 200% increase compared to the same period last year[3]. - Research and development expenses for the first three quarters of 2024 were CNY 54,258,120.72, down 23.1% from CNY 70,510,808.44 in 2023[15]. - The company reported a significant increase in contract liabilities, rising to CNY 14,209,006.59 from CNY 7,393,499.94, an increase of 92.5%[12]. Asset Composition - Total current assets as of September 30, 2024, amounted to CNY 2,220,575,164.64, a decrease of 5.7% from CNY 2,355,004,103.09 at the end of 2023[11]. - Cash and cash equivalents decreased to CNY 443,233,657.35 from CNY 549,555,522.55, representing a decline of 19.3%[11]. - Accounts receivable decreased to CNY 1,068,898,191.96 from CNY 1,169,478,636.08, a reduction of 8.6%[11]. - Inventory increased to CNY 335,976,595.95 from CNY 263,476,459.89, reflecting a growth of 27.5%[11]. - Non-current assets include fixed assets valued at CNY 598,537,688.51, up from CNY 508,273,019.12, indicating an increase of 17.7%[11]. - The company’s long-term equity investments were valued at CNY 246,814,197.95, slightly down from CNY 247,040,619.91[11]. Investment Performance - The company experienced a net investment loss of CNY 1,558,242.62 in the first three quarters of 2024, compared to a gain of CNY 853,814.96 in 2023[15].