SHHG(603131)2024-10-28 08:15Financial Performance - The company's operating revenue for Q3 2024 was ¥248,053,148.09, a decrease of 3.43% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥7,763,507.22, down 45.36% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,776,599.30, a decrease of 62.09% compared to the previous year[2] - Basic earnings per share for Q3 2024 were ¥0.02, a decline of 50.00% from the same period last year[4] - Total operating revenue for the first three quarters of 2024 reached ¥733,740,945.23, an increase of 9.6% compared to ¥669,684,356.24 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was ¥45,505,487.64, compared to ¥43,476,988.64 in 2023, representing a growth of 4.7%[16] - Basic earnings per share for the first three quarters of 2024 were ¥0.15, an increase from ¥0.14 in the same period of 2023[17] - The total comprehensive income attributable to the parent company's owners for the first three quarters of 2024 was ¥46,994,772.10, compared to ¥44,142,996.83 in 2023, an increase of 6.4%[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,283,596,653.08, an increase of 5.27% compared to the end of the previous year[4] - As of September 30, 2024, the company's total current assets increased to RMB 1,817,300,833.70 from RMB 1,673,540,440.96 at the end of 2023, representing a growth of approximately 8.6%[12] - The company's total assets reached RMB 2,283,596,653.08, up from RMB 2,169,236,907.72, representing an increase of approximately 5.3%[12] - Total liabilities as of September 30, 2024, amounted to RMB 1,025,033,429.43, compared to RMB 956,757,120.32 at the end of 2023, marking an increase of about 7.1%[13] - The equity attributable to shareholders increased to RMB 1,258,364,628.27 from RMB 1,210,341,907.56, showing a growth of about 4.0%[13] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥67,686,905.12, showing an increase due to higher sales receipts and reduced operational payments[7] - The net cash flow from operating activities was 67,686,905.12, a significant improvement compared to the previous year's negative cash flow of -21,525,267.07[19] - Cash inflow from operating activities for the first three quarters of 2024 was ¥829,098,911.55, compared to ¥769,609,780.93 in 2023, indicating a rise of 7.8%[18] - The total cash outflow from investing activities was 620,114,875.45, compared to 585,631,512.16 in the previous year, resulting in a net cash flow from investing activities of -343,354,936.87[19] - The cash inflow from financing activities was 50,036,000.00, while the cash outflow totaled 19,406,688.37, leading to a net cash flow from financing activities of 30,629,311.63[19] - The total cash and cash equivalents at the end of the period were 417,014,008.31, down from 529,754,106.64 in the previous year[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,292[8] - The top ten shareholders held a combined 52.68% of the company's shares, with the largest shareholder owning 19.30%[9] Operational Metrics - The weighted average return on equity was 0.62%, a decrease of 0.47 percentage points compared to the previous year[4] - The company reported non-recurring gains and losses totaling ¥3,986,907.92 for the year-to-date[6] - The company reported a decrease in credit impairment losses to ¥4,567,469.40 in 2024 from ¥8,954,696.23 in 2023, a reduction of 48.9%[16] - The company experienced a decrease in financial expenses, which were ¥3,678,297.52 in 2024, down from ¥9,640,091.72 in 2023[15] - The company reported an increase in other income to ¥3,414,766.75 in 2024 from ¥7,962,424.14 in 2023, indicating a decline of 57.1%[15] Inventory and Receivables - Accounts receivable rose to RMB 408,973,385.96, up from RMB 394,399,136.95, indicating an increase of approximately 3.7%[11] - Inventory increased to RMB 394,468,235.77 from RMB 335,957,652.61, reflecting a growth of around 17.4%[12] - The company reported a decrease in cash paid for operating activities, totaling 761,412,006.43, compared to 791,135,048.00 in the previous year[19] - The cash received from investment recoveries was 270,000,000.00, a decrease from 810,000,000.00 in the previous year[19] - The cash paid for taxes was 26,347,627.51, down from 30,757,017.89 in the previous year[19] - The company experienced a cash outflow of 162,300,014.30 for employee payments, slightly lower than 163,126,783.79 in the previous year[19] - The cash flow from investment activities showed a significant decline, with cash inflows of 276,759,938.58 compared to 826,217,513.49 in the previous year[19] - The impact of exchange rate changes on cash and cash equivalents was 2,783,767.73, similar to the previous year's impact of 2,783,292.29[19]