CC GAS(600333)2024-10-29 07:33Financial Performance - The company's operating revenue for Q3 2024 was ¥344,339,849.76, a decrease of 4.92% compared to the same period last year[2]. - The net profit attributable to shareholders was a loss of ¥29,185,065.05 for the quarter, with a year-to-date loss of ¥81,962,125.20[2]. - Total operating revenue for the first three quarters of 2024 reached ¥1,474,304,538.33, an increase of 10.6% compared to ¥1,333,412,695.90 in the same period of 2023[14]. - Net profit for the third quarter of 2024 was -¥87,119,488.10, an improvement from -¥114,602,796.36 in the same quarter of 2023[15]. - The net profit for the first three quarters of 2024 reached CNY 163,573,978.48, a significant turnaround from a net loss of CNY 36,194,808.45 in the first three quarters of 2023[22]. - The total profit for the first three quarters of 2024 was CNY 165,313,741.61, compared to a total loss of CNY 52,843,794.19 in the same period last year[22]. Earnings Per Share - The basic and diluted earnings per share for the quarter were both -¥0.05, compared to -¥0.13 for the same period last year[4]. - Basic and diluted earnings per share for the third quarter were both -¥0.13, compared to -¥0.19 in the previous year[16]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,676,252,374.13, representing a decrease of 2.99% from the end of the previous year[4]. - The equity attributable to shareholders decreased by 3.60% to ¥1,879,052,137.31 compared to the end of the previous year[4]. - Current assets decreased to CNY 1,301,811,399.27 from CNY 1,618,877,713.26, representing a reduction of about 19.5%[11]. - Total liabilities decreased to CNY 4,751,871,186.91 from CNY 4,888,477,669.99, indicating a reduction of about 2.8%[12]. - The company's total liabilities to equity ratio stands at approximately 2.53, indicating a leveraged position[12]. Cash Flow - The company reported a net cash flow from operating activities of -¥1,600,650.46 year-to-date[2]. - The net cash flow from operating activities for Q3 2024 was -1,600,650.46 RMB, compared to 110,678,631.89 RMB in Q3 2023[18]. - The net cash flow from investing activities was -93,310,516.22 RMB, a decrease from -68,065,593.04 RMB year-over-year[18]. - The net cash flow from financing activities was -198,613,624.54 RMB, compared to a positive cash flow of 69,705,496.39 RMB in the same quarter last year[18]. - The company reported a net cash flow from operating activities of CNY 161,945,087.47, an increase from CNY 145,250,694.87 in the first three quarters of 2023[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,674[8]. - The largest shareholder, Changchun Changgang Gas Co., Ltd., held 58.75% of the shares, totaling 357,810,876 shares[8]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥4,783,423.28 during the quarter, contributing to its non-operating income[5]. - Other income for the third quarter was ¥2,400,602.30, compared to ¥1,561,808.90 in the same quarter of 2023[15]. Expenses - Total operating costs amounted to ¥1,587,981,459.61, up from ¥1,473,913,525.06, reflecting a significant increase in operational expenses[14]. - Research and development expenses for the first three quarters were ¥2,149,803.17, slightly lower than ¥2,383,046.18 in the previous year[14]. - Tax expenses increased to ¥10,934,387.88 from ¥8,993,800.68, indicating a rise in tax obligations[14]. - The company’s sales expenses decreased to CNY 6,689,703.73 from CNY 85,661,052.07 in the same period last year, reflecting a cost-cutting strategy[22]. - The company’s financial expenses remained stable at CNY 72,749,335.69, compared to CNY 72,835,835.49 in the previous year[22]. Investment Performance - Investment losses decreased to -¥798,850.78 from -¥1,033,762.95, showing a slight improvement in investment performance[14]. - The company reported a significant increase in investment income, amounting to CNY 105,793,221.39, compared to a loss of CNY 1,033,762.95 in the previous year[22].