JTL(300091)2024-10-24 11:11Financial Performance - Revenue for Q3 2024 was ¥330,585,645.10, a decrease of 17.49% compared to the same period last year[2] - Net profit attributable to shareholders was -¥64,792,444.34, down 29.18% year-over-year[2] - The company reported a net loss of -¥156,314,224.67 for the first nine months, a 33.09% increase in losses compared to the previous year[6] - The net profit for the current period was -¥156,314,224.67, compared to -¥117,446,699.82 in the previous period, indicating a decline in profitability[18] - The total comprehensive income attributable to the parent company's owners was -¥140,394,102.85, compared to -¥104,265,542.39 in the previous period[18] Cash Flow - Net cash flow from operating activities was -¥30,459,984.70, an improvement of 55.47% compared to the previous year[2] - Cash flow from operating activities showed a net outflow of -¥30,459,984.70, an improvement from -¥68,409,399.25 in the previous period[19] - The net cash flow from investing activities was -33,818,544.13, compared to -66,753,178.72 in the previous period[20] - The net cash flow from financing activities was 43,304,072.71, a decrease from 91,469,102.33 in the previous period[20] - The cash and cash equivalents at the end of the period amounted to 80,255,409.17, down from 155,932,631.40 in the previous period[20] Assets and Liabilities - Total assets as of September 30, 2024, were ¥5,205,157,995.96, a decrease of 4.35% from the end of the previous year[2] - Current assets totaled CNY 2,862,960,419.67, down from CNY 3,040,065,608.38[13] - Total liabilities decreased to CNY 3,427,775,473.29 from CNY 3,510,174,906.12, a reduction of approximately 2.4%[15] - The company's equity attributable to shareholders decreased to CNY 1,856,010,384.31 from CNY 1,994,305,827.36, a decline of about 6.9%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period was 41,710[8] - Nantong Industrial Holding Group Co., Ltd. holds 27.88% of shares, totaling 415,148,776 shares[8] - The second largest shareholder, Ji Wei, owns 6.25% of shares, amounting to 93,094,105 shares, which are frozen[8] - Jiangsu Asset Management Co., Ltd. holds 4.20% of shares, totaling 62,539,736 shares[8] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder having over 27%[9] Expenses - Research and development expenses increased to ¥61,632,223.65 from ¥49,627,403.98, reflecting a growth of approximately 24.2%[16] - Sales expenses rose significantly to ¥60,783,568.19 from ¥44,285,499.74, an increase of about 37.2%[16] - The company reported a decrease in other income to ¥2,714,374.37 from ¥3,468,054.28, a decline of approximately 21.7%[16] Investment and Impairment - Investment income for the first nine months of 2024 was ¥806,905.26, a decrease of 95.58% compared to the same period in 2023[6] - Credit impairment losses increased by 120.40% to -¥9,564,390.18 due to higher provisions for bad debts[6] - The company recorded a credit impairment loss of -¥9,564,390.18, worsening from -¥4,339,550.63 in the previous period[17] Stock and Shares - The company has a total of 206,614,838 shares pledged by Nantong Industrial Holding Group Co., Ltd.[8] - The total number of shares held by Ji Wei is 93,094,105, all of which are frozen[8] - The company has seen changes in its top ten shareholders due to share lending activities[10] - The total number of shares held by Nantong Kechuang Venture Investment Management Co., Ltd. is 15,748,160, representing 1.06% of total shares[10] - The report indicates that there are no outstanding shares from margin trading at the end of the reporting period[10] Inventory and Receivables - Accounts receivable increased to CNY 848,369,967.49 from CNY 727,998,842.37, reflecting a growth of about 16.5%[13] - Inventory decreased to CNY 510,555,594.57 from CNY 560,513,223.67, a decline of approximately 8.9%[13] Audit and Reporting - The company’s third-quarter report was not audited[21]