ZTT(600522)2024-10-29 09:49Financial Performance - The company's operating revenue for Q3 2024 reached ¥12,899,932,798.36, representing a year-on-year increase of 2.32%[2] - Net profit attributable to shareholders was ¥851,065,702.67, showing a significant increase of 20.67% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥802,364,153.63, up by 8.95% year-on-year[2] - Basic earnings per share for the period was ¥0.250, an increase of 21.36% year-on-year[2] - Total operating revenue for the first three quarters of 2024 reached ¥34,315,631,031.31, an increase of 4.73% compared to ¥32,750,749,191.29 in the same period of 2023[15] - Net profit attributable to shareholders of the parent company for Q3 2024 was ¥2,310,776,480.77, a decrease of 13.09% from ¥2,659,786,200.72 in Q3 2023[16] - The total comprehensive income for Q3 2024 was ¥2,113,503,942.39, down from ¥3,170,488,046.09 in Q3 2023, reflecting a decline of 33.29%[18] - Basic earnings per share for Q3 2024 were ¥0.680, compared to ¥0.779 in Q3 2023, representing a decrease of 12.67%[18] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥57,809,720,752.37, reflecting a 5.63% increase from the end of the previous year[3] - The total number of ordinary shareholders at the end of the reporting period was 187,889[6] - As of September 30, 2024, the total assets of Jiangsu Zhongtian Technology Co., Ltd. amounted to RMB 57.81 billion, an increase from RMB 54.73 billion at the end of 2023, representing a growth of approximately 3.9%[12] - The company's current assets totaled RMB 40.85 billion, up from RMB 37.40 billion at the end of 2023, indicating an increase of about 6.6%[13] - The accounts receivable increased significantly to RMB 18.10 billion from RMB 13.55 billion, reflecting a growth of approximately 33.5%[12] - The total liabilities increased to RMB 40.84 billion, compared to RMB 37.40 billion at the end of 2023, representing an increase of about 9.8%[12] - The company's total liabilities increased to ¥22,151,131,912.65 in Q3 2024, compared to ¥20,104,001,126.61 in Q3 2023, marking an increase of 10.19%[14] Cash Flow - The net cash flow from operating activities was ¥1,140,385,359.79, with no applicable year-on-year comparison due to changes in cash receipts from sales[5] - In the first three quarters of 2024, the company generated cash inflows from operating activities totaling CNY 32.18 billion, an increase of 7.27% compared to CNY 29.07 billion in the same period of 2023[19] - The net cash flow from operating activities for the first three quarters of 2024 was -CNY 423.17 million, an improvement from -CNY 964.92 million in the same period of 2023[20] - Cash inflows from financing activities amounted to CNY 4.32 billion, while cash outflows totaled CNY 5.95 billion, leading to a net cash flow from financing activities of -CNY 1.63 billion[20] - The company's cash and cash equivalents at the end of Q3 2024 stood at CNY 11.80 billion, compared to CNY 10.09 billion at the end of Q3 2023, reflecting a year-on-year increase of 16.93%[20] Share Repurchase - The company has repurchased a total of 9.39 million shares, accounting for 0.2751% of the total share capital, with a total expenditure of RMB 114.71 million[11] - The maximum repurchase price was RMB 14.27 per share, while the minimum was RMB 11.34 per share[11] - The company adjusted its share repurchase plan, increasing the total repurchase amount from a range of RMB 50 million to 100 million to a new range of RMB 100 million to 200 million[10] Research and Development - Research and development expenses for the first three quarters of 2024 amounted to ¥1,445,772,220.87, up from ¥1,328,982,184.27 in the same period of 2023, indicating a growth of 8.80%[15] Other Financial Metrics - The weighted average return on net assets was 2.43%, an increase of 0.30 percentage points compared to the same period last year[2] - The total equity attributable to shareholders was ¥34,861,087,997.32, up by 5.13% from the previous year[3] - The company's total equity attributable to shareholders of the parent company increased to ¥34,861,087,997.32 in Q3 2024, compared to ¥33,159,071,877.13 in Q3 2023, an increase of 5.14%[14] - The financial expenses for the first three quarters of 2024 were ¥24,820,240.98, compared to a financial income of -¥17,139,252.40 in the same period of 2023[15] - The company reported a decrease in other comprehensive income after tax, amounting to -¥189,472,278.74 in Q3 2024, compared to ¥412,615,239.86 in Q3 2023[16] Inventory and Non-current Assets - The inventory level rose to RMB 6.12 billion, compared to RMB 5.11 billion at the end of 2023, marking an increase of around 19.7%[12] - Non-current assets totaled RMB 16.96 billion, a slight decrease from RMB 17.33 billion at the end of 2023, indicating a decline of about 2.1%[13] - The company's short-term borrowings decreased to RMB 3.05 billion from RMB 3.43 billion, reflecting a reduction of approximately 11.2%[13]