GZPR(SH:600684)2024-10-29 09:38Financial Performance - The company's operating revenue for Q3 2024 was ¥467,746,194.50, representing a year-on-year increase of 27.31%[2] - The net profit attributable to shareholders for Q3 2024 was ¥23,572,881.55, while the net profit for the year-to-date period was ¥17,337,021.24[2] - The basic earnings per share for Q3 2024 was ¥0.03, compared to ¥0.02 for the same period last year[3] - The weighted average return on equity increased by 6.76 percentage points to 5.24% for Q3 2024[3] - The company reported a significant decrease in operating revenue for the year-to-date period, down 59.81% due to the completion of a major asset swap[6] - Total operating revenue for the first three quarters of 2024 was ¥1,131,228,303.28, a decrease of 59.8% compared to ¥2,814,687,807.63 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was ¥18,917,554.89, a significant recovery from a net loss of ¥27,687,114.81 in the same period of 2023[16] - The company reported a basic earnings per share of ¥0.02 for Q3 2024, compared to a loss per share of ¥0.09 in Q3 2023[17] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥1,772,092,856.77, a decrease of 40.61% compared to the end of the previous year[3] - The company's total liabilities decreased to ¥1,272,793,234.61 in Q3 2024 from ¥2,509,899,032.55 in Q3 2023, reflecting a reduction of 49.2%[16] - Total current assets decreased to approximately ¥1.37 billion from ¥2.61 billion, a decline of about 47.4%[12] - The total liabilities amounted to CNY 704,312,880.61, down from CNY 1,934,768,261.78 in the previous year, indicating a reduction in financial leverage[24] - The total owner's equity decreased to CNY 333,198,983.53 from CNY 372,054,453.37 in the previous year, indicating a decline in shareholder value[24] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥123,883,275.23[2] - The net cash flow from operating activities was RMB 123,883,275.23, a significant improvement compared to a negative cash flow of RMB -40,102,688.61 in the previous year[18] - Cash flow from operating activities for the first three quarters of 2024 was ¥1,034,656,441.46, down 35.2% from ¥1,599,786,852.32 in the same period of 2023[17] - Total cash inflow from operating activities amounted to RMB 1,768,252,051.67, while cash outflow was RMB 1,644,368,776.44, resulting in a net cash inflow[18] - The company received cash from financing activities totaling RMB 816,480,000.00, while cash outflow from financing activities was RMB 1,442,158,364.20, leading to a net cash outflow of RMB -625,678,364.20[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 38,615[8] - The largest shareholder, Guangzhou Pearl River Industrial Group Co., Ltd., holds 265,409,503 shares, accounting for 31.10% of total shares[10] Government Subsidies and Non-Recurring Gains - The company received government subsidies totaling ¥2,117,114.53 for the year-to-date period, which are closely related to its normal business operations[4] - Non-recurring gains for Q3 2024 amounted to ¥12,070,440.44, primarily from fair value changes in financial assets[5] Future Outlook and Strategic Focus - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[2] - Future outlook and performance guidance are not detailed in the current report[26] Financial Reporting and Compliance - The company will implement new accounting standards starting in 2024, which will involve adjustments to the financial statements at the beginning of the year[26] - The report is for the third quarter of 2024, indicating ongoing financial performance evaluation[26] - The board of directors announced the report on October 29, 2024, reflecting timely communication of financial results[26] - The report serves as a formal announcement to stakeholders regarding the financial status of the company[26]