SGC(603269)2024-10-29 08:06Financial Performance - The company's operating revenue for Q3 2024 was ¥455,524,311.42, representing a year-on-year increase of 40.97%[3] - The net profit attributable to shareholders for Q3 2024 was ¥13,113,192.70, a decrease of 15.03% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,916,342.71, down by 10.96% year-on-year[3] - The basic earnings per share for Q3 2024 was ¥0.06, a decrease of 14.29% year-on-year[3] - Net profit for the first three quarters of 2024 reached CNY 40,764,261.94, compared to CNY 39,420,581.13 in the same period of 2023, reflecting a growth of about 3.4%[15] - Operating revenue for the first three quarters of 2024 was CNY 1,101,102,782.72, an increase from CNY 882,603,545.91 in 2023, indicating a growth of approximately 24.8%[14] - The total operating costs for the first three quarters of 2024 were CNY 1,049,189,772.42, compared to CNY 828,302,402.42 in 2023, indicating an increase of about 26.6%[15] - The total comprehensive income for the third quarter of 2024 was CNY 75,883,870.31, an increase from CNY 32,686,494.24 in the same period last year[18] Cash Flow - The net cash flow from operating activities for Q3 2024 was ¥153,007,509.31, an increase of 116.50% compared to the same period last year[3] - The increase in net cash flow from operating activities was due to an increase in received payments during the reporting period[8] - The net cash flow from operating activities for the first three quarters of 2024 was CNY 205,377,489.28, compared to CNY 142,246,914.53 in the previous year[18] - The cash inflow from operating activities totaled CNY 986,210,908.66, down from CNY 1,140,006,697.41 in the same period last year[18] - The cash outflow from operating activities was CNY 780,833,419.38, compared to CNY 997,759,782.88 in the previous year[18] - The net cash flow from investing activities was negative CNY 18,137,170.54, compared to a positive CNY 1,428,039.24 in the previous year[18] - The cash inflow from financing activities was CNY 776,782,611.11, significantly higher than CNY 495,510,022.55 in the previous year[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,527,075,601.13, an increase of 8.11% compared to the end of the previous year[3] - Total current assets reached approximately RMB 3.01 billion, an increase of 8.54% from RMB 2.77 billion at the end of 2023[12] - The company's total non-current assets amounted to CNY 519,594,894.42, up from CNY 491,026,320.11, representing an increase of approximately 5.8%[14] - Total liabilities increased to CNY 2,468,111,627.58 from CNY 2,247,015,692.77, marking an increase of about 9.8%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,079[9] - The largest shareholder, Wu Zhuping, holds 29,032,500 shares, representing 13.16% of total shares[9] - The company has established a joint action agreement between major shareholders to ensure stable management and operational strategies[10] - The company has not engaged in any financing or securities lending activities involving the top ten shareholders during the reporting period[11] - The total number of shares held by the top ten shareholders accounted for a significant portion of the company's equity, ensuring strong control over corporate governance[10] Government Subsidies and Tax Refunds - The company received government subsidies related to normal business operations amounting to ¥804,954.32 year-to-date[4] - The company received CNY 3,155,710.39 in tax refunds, compared to CNY 2,929,130.58 in the previous year[18] Research and Development - Research and development expenses rose to CNY 26,342,428.83, compared to CNY 19,801,165.40 in the previous year, showing an increase of approximately 33.0%[15] Financial Performance Changes - The company reported a financial expense of CNY 13,048,748.99, compared to a financial income of CNY -479,733.20 in the previous year, indicating a significant change in financial performance[15] Inventory and Accounts Receivable - Inventory increased to approximately RMB 1.41 billion, up from RMB 1.19 billion, indicating a growth of 18.63%[12] - The company reported a decrease in accounts receivable from RMB 674.70 million to RMB 661.45 million, a decline of 1.86%[12] Cash and Cash Equivalents - The company's cash and cash equivalents increased to approximately RMB 663.51 million as of September 30, 2024, up from RMB 531.59 million at the end of 2023, reflecting a growth of 24.83%[12] - Cash and cash equivalents at the end of the period increased to CNY 541,418,580.17 from CNY 428,518,049.46 at the end of the previous year[19] Dividends and Interest Payments - The company paid CNY 59,139,585.02 in dividends and interest, compared to CNY 44,243,280.97 in the previous year[19]