JZT(000989)2024-10-29 10:47Financial Performance - The company's revenue for Q3 2024 was ¥384,103,434.50, a decrease of 30.33% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥35,758,691.74, down 18.56% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥26,793,569.68, reflecting a decline of 21.77% compared to the previous year[2]. - Total operating revenue for the third quarter was CNY 2,063,533,614.86, a decrease of 12.9% compared to CNY 2,370,231,824.02 in the same period last year[12]. - Net profit for the third quarter was CNY 239,661,674.79, a decline of 16.6% compared to CNY 287,515,147.59 in the previous year[13]. - Total comprehensive income for the third quarter was CNY 239.66 million, down from CNY 301.25 million in the previous year, representing a decrease of approximately 20.5%[14]. - Basic and diluted earnings per share for the third quarter were CNY 0.2825, compared to CNY 0.3373 in the same period last year, reflecting a decline of about 16.0%[14]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥72,700,547.42, a significant decrease of 259.19% year-to-date[2]. - Cash flow from operating activities generated a net outflow of CNY 72.70 million, a significant decrease from a net inflow of CNY 45.67 million in the previous year[15]. - Cash inflow from operating activities totaled CNY 1.72 billion, down 18.0% from CNY 2.09 billion in the prior year[15]. - Cash outflow from operating activities was CNY 1.79 billion, compared to CNY 2.05 billion in the same period last year, indicating a decrease of approximately 12.7%[15]. - Total cash and cash equivalents at the end of the period stood at CNY 192.16 million, down from CNY 393.93 million at the end of the previous year[16]. - The company experienced a net cash outflow from financing activities of CNY 285.91 million, worsening from a net outflow of CNY 128.66 million in the previous year[16]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,262,651,991.61, down 1.26% from the end of the previous year[2]. - Shareholders' equity attributable to the parent company decreased by 4.38% to ¥3,779,191,090.64 compared to the end of the previous year[2]. - Total current assets decreased from CNY 2,919,348,115.41 to CNY 2,837,044,217.72, a decline of approximately 2.8%[9]. - Cash and cash equivalents dropped significantly from CNY 672,713,939.53 to CNY 207,009,216.91, a decrease of about 69.2%[9]. - The company reported a significant increase in trading financial assets from CNY 231,202,371.41 to CNY 300,351,863.01, a rise of about 29.9%[9]. - Non-current liabilities totaled CNY 90,882,552.38, a decrease from CNY 93,546,704.88 in the previous quarter[11]. Shareholder Information - The company has a total of 46,010 common shareholders at the end of the reporting period[7]. - Major shareholder Li Zhenguo holds 25.17% of the shares, totaling 215,398,371 shares[7]. Operational Efficiency - The company recorded a significant increase in accounts receivable by 69.25% to ¥74,764.34 million due to sales growth[5]. - The company reported a 90.35% increase in prepayments to ¥5,605.88 million, attributed to increased advance payments for goods[5]. - Research and development expenses for the quarter were CNY 97,521,016.10, an increase from CNY 91,241,164.16 in the same period last year[12]. - The company reported a decrease in sales expenses to CNY 728,571,295.21, down from CNY 869,241,636.60 year-on-year[12]. - The company plans to focus on market expansion and new product development in the upcoming quarters[12].