ATCDI(603357)2024-10-29 09:18Financial Performance - The company's operating revenue for the third quarter reached ¥729,832,674.90, representing an increase of 18.99% compared to the same period last year[2]. - Net profit attributable to shareholders of the listed company was ¥80,777,309.85, a decrease of 35.93% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥82,282,009.84, down 17.47% from the previous year[2]. - Basic earnings per share for the period were ¥0.14, a decrease of 39.13% year-on-year[4]. - The weighted average return on equity was 2.14%, down 1.77 percentage points from the previous year[4]. - The net profit for the first three quarters of 2024 is CNY 320,654,242.39, a decrease of 14.8% compared to CNY 376,201,944.16 in the same period of 2023[17]. - The total profit for the first three quarters of 2024 is CNY 370,060,406.53, down from CNY 437,658,733.53 in 2023, reflecting a decline of 15.4%[17]. - Operating profit for the first three quarters of 2024 is CNY 371,779,936.34, compared to CNY 437,901,055.14 in 2023, indicating a decrease of 15.1%[17]. - The company’s earnings per share for the first three quarters of 2024 is CNY 0.57, down from CNY 0.69 in 2023, reflecting a decrease of 17.4%[18]. Cash Flow and Liquidity - The net cash flow from operating activities was reported as -¥495,864,044.43, reflecting a 43.04% increase in cash outflow compared to the same period last year[4]. - Cash and cash equivalents decreased by 41.51% year-to-date due to increased net cash outflow from operating activities[8]. - Cash flow from operating activities for the first three quarters of 2024 is CNY -495,864,044.43, worsening from CNY -346,652,457.65 in 2023[20]. - The total cash inflow from financing activities in the first three quarters of 2024 is CNY 401,000,000.00, compared to CNY 200,980,000.00 in 2023, showing a significant increase of 99.1%[21]. - The cash and cash equivalents at the end of the period for 2024 is CNY 751,655,164.19, up from CNY 632,774,266.31 in 2023[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,554,241,449.59, a slight increase of 0.61% from the end of the previous year[4]. - The total liabilities decreased to CNY 2,916,433,162.35 in 2024 from CNY 3,039,477,091.08 in 2023, a reduction of 4.0%[14]. - The company's total assets as of September 30, 2024, amounted to CNY 6,554,241,449.59, compared to CNY 6,514,622,132.70 at the end of 2023, showing a slight increase of 0.6%[15]. - The equity attributable to shareholders of the parent company rose to CNY 3,569,548,403.35, up from CNY 3,412,228,331.88, reflecting an increase of 4.6%[15]. - The retained earnings as of September 30, 2024, were CNY 2,015,134,816.16, compared to CNY 1,896,742,771.70 in 2023, reflecting an increase of 6.2%[15]. Operational Metrics - Inventory increased by 37.27% year-to-date, primarily due to an increase in stock of goods[8]. - Short-term borrowings rose by 66.65% year-to-date, mainly due to an increase in credit borrowings[8]. - R&D expenses increased by 53.10% year-to-date, reflecting a significant increase in investment in research and development[8]. - Research and development expenses increased significantly to CNY 105,792,020.27 in 2024 from CNY 69,098,099.88 in 2023, marking a rise of 53.4%[16]. - Revenue from sales of goods and services received in cash for the first three quarters of 2024 is CNY 1,742,868,323.86, an increase of 13.6% from CNY 1,534,251,858.93 in 2023[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,986[9]. - The largest shareholder, Anhui Transportation Holding Group Co., Ltd., holds 47.30% of the shares[9]. Other Income and Expenses - The company reported non-recurring gains and losses totaling -¥1,504,700.00 for the year-to-date[6]. - Government subsidies recognized in the current period amounted to ¥713,432.37, contributing positively to the financial results[5]. - Other income decreased by 39.63% year-to-date, primarily due to lower VAT deductions compared to the same period last year[8]. - The company reported a decrease in other operating income from CNY 274,199.92 in 2023 to CNY 69,827.64 in 2024[17]. - The company reported a significant increase in credit impairment losses, with a gain of CNY 1,108,358.79 in 2024 compared to a loss of CNY -16,409,242.03 in 2023[17].