江山股份(600389) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2024 reached ¥1,126,049,691.30, an increase of 21.08% year-over-year[2] - Net profit attributable to shareholders was ¥723,313.20, a decrease of 98.85% compared to the same period last year[2] - Basic earnings per share for the current period was ¥0.0017, a decline of 98.83% compared to the previous year[3] - Net profit for the third quarter of 2024 was CNY 174,979,339.90, a decrease of 31.8% from CNY 256,644,817.91 in the same quarter of 2023[18] - Earnings per share for the third quarter of 2024 was CNY 0.3983, down from CNY 0.5957 in the same quarter of 2023[19] - The total comprehensive income for the third quarter of 2024 was CNY 174,660,574.65, compared to CNY 257,341,035.31 in the same quarter of 2023[19] Cash Flow - Cash flow from operating activities was ¥29,432,027.13, down 81.25% year-over-year[2] - The cash inflow from operating activities for the first three quarters of 2024 was CNY 4,263,578,955.19, an increase from CNY 4,129,472,915.94 in the same period of 2023, reflecting a growth of approximately 3.2%[21] - The net cash flow from operating activities decreased to CNY 123,795,894.92 in 2024 from CNY 477,385,833.84 in 2023, indicating a decline of about 74%[21] - Cash outflow for purchasing goods and services increased to CNY 3,151,172,682.14 in 2024, compared to CNY 2,856,197,422.60 in 2023, representing a rise of approximately 10.3%[21] - The total cash inflow from investment activities was CNY 284,352,245.29 in 2024, significantly higher than CNY 19,409,635.00 in 2023[21] - The net cash flow from investment activities was negative at CNY -1,143,263,440.96 in 2024, compared to CNY -274,860,194.60 in 2023, indicating a worsening situation[21] - Cash inflow from financing activities totaled CNY 957,070,686.20 in 2024, up from CNY 316,655,840.00 in 2023, showing an increase of approximately 202%[22] - The net cash flow from financing activities improved to CNY 230,345,602.85 in 2024 from CNY 140,185,942.40 in 2023, reflecting an increase of about 64%[22] - The cash and cash equivalents at the end of the period decreased to CNY 1,616,180,487.14 in 2024 from CNY 2,264,376,772.68 in 2023, a decline of approximately 28.6%[22] - The company received CNY 66,031,552.93 in tax refunds during the first three quarters of 2024, down from CNY 105,929,369.99 in 2023, indicating a decrease of about 37.8%[21] - The company reported a significant increase in cash outflows related to other operating activities, which rose to CNY 506,945,522.30 in 2024 from CNY 175,318,988.58 in 2023, marking an increase of approximately 189%[21] Assets and Liabilities - Total assets increased to ¥7,589,106,342.79, reflecting a growth of 13.69% from the end of the previous year[3] - The company's current assets totaled CNY 3,855,026,338.26, slightly up from CNY 3,843,730,686.69 in the previous year, indicating a marginal increase of about 0.3%[14] - Cash and cash equivalents decreased to CNY 1,977,902,075.66 from CNY 2,525,535,802.34, representing a decline of approximately 21.7%[14] - Accounts receivable rose to CNY 322,103,157.88 from CNY 285,777,777.10, marking an increase of about 12.7%[14] - Inventory levels decreased to CNY 741,727,482.84 from CNY 816,919,480.43, showing a reduction of approximately 9.2%[14] - Long-term equity investments increased to CNY 457,545,007.50 from CNY 344,609,579.10, reflecting a growth of about 32.8%[14] - The company's short-term borrowings surged to CNY 250,063,888.89 from CNY 27,815,144.72, indicating a significant increase of approximately 798.5%[14] - The company's total liabilities increased to CNY 3,643,041,314.57 in Q3 2024, compared to CNY 2,976,278,584.36 in Q3 2023[16] - The total equity attributable to shareholders reached CNY 3,763,922,557.62, up from CNY 3,590,745,015.68 in the previous year[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,424[7] - Major shareholder Nantong Industrial Holding Group Co., Ltd. held 28.96% of the shares, totaling 124,728,141 shares[7] - The company has not reported any changes in major shareholders or significant new strategies during the reporting period[11] Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 137,717,979.64, an increase of 39.7% from CNY 98,615,696.73 in 2023[17] - There are no new product developments or technological advancements mentioned in the report[11] Operating Performance - Total operating revenue for the first three quarters of 2024 reached CNY 4,292,934,648.20, an increase of 19.2% compared to CNY 3,602,503,769.30 in the same period of 2023[17] - Total operating costs for the first three quarters of 2024 were CNY 4,105,675,539.82, up 22.1% from CNY 3,361,682,664.39 in 2023[17] - The company reported investment income of CNY 16,725,851.66, down from CNY 26,444,465.87 in the same period last year[18] - The company reported a significant decrease in gross profit margin, impacting net profit for the period[6] - The weighted average return on equity decreased by 2.8015 percentage points to 0.0192%[3] - Non-recurring gains and losses included a government subsidy of ¥2,022,604.58 and a loss from the disposal of non-current assets of ¥579,055.04[5]