SZHL(002255)2024-10-25 09:06Financial Performance - The company's revenue for Q3 2024 reached ¥626,514,297.68, representing a 22.11% increase year-over-year[2] - Net profit attributable to shareholders was ¥113,381,365.60, up 49.47% compared to the same period last year[2] - Basic earnings per share for Q3 2024 were ¥0.1346, a 49.39% increase from the previous year[2] - Total operating revenue for the period reached ¥1,778,592,381.69, a slight increase from ¥1,772,813,000.01 in the previous period, reflecting a growth of approximately 0.44%[14] - The net profit attributable to the parent company's shareholders increased to ¥755,776,063.44 from ¥514,813,736.08, representing a growth of about 46.8%[12] - The net profit for Q3 2024 was CNY 232,136,533.19, a decrease from CNY 237,912,078.67 in Q3 2023, representing a decline of approximately 3.25%[15] - Operating profit for Q3 2024 was CNY 276,964,139.42, compared to CNY 279,820,498.12 in the same period last year, showing a slight decrease of about 1.03%[15] - Total comprehensive income for Q3 2024 was CNY 231,348,076.95, down from CNY 237,953,536.86 in Q3 2023, reflecting a decrease of approximately 2.6%[15] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.2861, an increase from CNY 0.2781 in Q3 2023, representing a growth of about 2.9%[15] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥490,683,780.00, reflecting a significant increase of 154.87% year-over-year[7] - Cash flow from operating activities for Q3 2024 was CNY 490,683,780.00, significantly up from CNY 192,525,085.72 in Q3 2023, indicating an increase of approximately 154.1%[16] - The net cash flow from investing activities showed a substantial outflow of -¥574,809,401.67, a 1666.50% increase in cash used compared to the previous year[7] - The net cash flow from investing activities for Q3 2024 was -CNY 574,809,401.67, worsening from -CNY 32,539,467.34 in Q3 2023[17] - The net cash flow from financing activities for Q3 2024 was -CNY 55,962,225.12, compared to -CNY 1,405,574.08 in Q3 2023, indicating a larger outflow[17] Assets and Liabilities - Total assets as of the end of Q3 2024 amounted to ¥6,828,729,869.36, a 6.12% increase from the end of the previous year[2] - Total assets increased to ¥6,828,729,869.36 from ¥6,434,712,534.82, reflecting a growth of about 6.1%[13] - Total liabilities rose to ¥2,895,423,715.04 from ¥2,682,133,782.90, indicating an increase of approximately 7.9%[12] - The company's total equity increased to ¥3,933,306,154.32 from ¥3,752,578,751.92, reflecting a growth of about 4.8%[13] Shareholder Information - As of September 30, 2024, the total number of common shareholders is 40,383, with the top ten shareholders holding significant stakes[8] - Xu Yuansheng, the largest shareholder, holds 11.42% of the shares, totaling 96,227,848 shares, which are all pledged[8] - The second-largest shareholder, Wu Weiwen, holds 6.33% of the shares, totaling 53,299,101 shares, which are also pledged or frozen[8] - The third-largest shareholder, Jubao Holdings Group, holds 5.25% of the shares, totaling 44,210,526 shares, which are frozen[8] - The company has not disclosed any related party relationships among the top shareholders, except for Xu Ran, who is the son of the controlling shareholder Xu Yuansheng[9] Share Repurchase - The company has repurchased a total of 11,390,000 shares, accounting for 1.35% of the total share capital, with a total transaction amount of approximately RMB 50 million[10] - The repurchase was conducted between August 14, 2024, and September 30, 2024, with a maximum price of RMB 4.88 per share and a minimum price of RMB 4.30 per share[10] - The company plans to use its own funds for share repurchase, with a total amount not less than RMB 50 million and not exceeding RMB 100 million[10] - The company has completed the cancellation of the repurchased shares with the relevant authorities as of October 15, 2024[10] - The report indicates that the company is actively managing its shareholder structure and capital through share repurchase strategies[10] Operational Metrics - Total operating costs amounted to ¥1,525,163,145.53, up from ¥1,495,715,914.16, indicating an increase of about 1.5%[14] - The company's cash and cash equivalents increased to ¥1,588,278,499.90 from ¥1,143,445,086.75, representing a growth of approximately 39.0%[11] - Accounts receivable decreased to ¥955,528,170.02 from ¥1,041,533,016.50, a decline of about 8.3%[11] - Inventory rose to ¥1,641,144,549.58, compared to ¥1,545,160,987.23, marking an increase of approximately 6.2%[11] - The company experienced a 98.16% increase in prepayments, totaling ¥378,615,683.83, primarily due to increased payments to suppliers[5] - The company's financial expenses decreased significantly by 552.16% to -¥9,188,753.58, mainly due to increased interest income and foreign exchange gains[6] - Research and development expenses for the period were ¥87,360,113.14, down from ¥92,137,937.63, a decrease of approximately 5.4%[14]