QRUNNINGCABLE(BJ:834682)2024-10-29 11:22Financial Performance - Operating revenue for the first nine months of 2024 reached CNY 2,607,470,648.16, a 27.39% increase from CNY 2,046,771,091.34 in the same period of 2023[4] - Net profit attributable to shareholders increased by 13.47% to CNY 86,376,547.17 for the first nine months of 2024, compared to CNY 76,120,007.83 in 2023[4] - The company experienced a 58.38% increase in operating revenue for Q3 2024, reaching CNY 974,498,035.17 compared to CNY 615,290,917.02 in Q3 2023[4] - Total operating revenue for the first nine months of 2024 reached ¥2,607,470,648.16, a significant increase from ¥2,046,771,091.34 in the same period of 2023, representing a growth of approximately 27.2%[22] - Operating profit for the first nine months of 2024 was ¥100,696,601.63, compared to ¥84,906,130.88 in 2023, indicating an increase of about 18.3%[23] - Net profit for the first nine months of 2024 was ¥86,376,547.17, up from ¥76,120,007.83 in 2023, reflecting a growth of approximately 13.5%[23] - Revenue for the first nine months of 2024 reached ¥2,607,532,897.87, a 27.2% increase from ¥2,048,521,272.91 in the same period of 2023[24] - Net profit for the first nine months of 2024 was ¥84,630,859.35, up 14% from ¥74,307,354.66 in the same period of 2023[24] Assets and Liabilities - Total assets increased by 11.69% to CNY 2,589,887,083.99 as of September 30, 2024, compared to CNY 2,318,735,456.84 at the end of 2023[3] - The company’s total liabilities to assets ratio increased to 58.84% for the parent company, up from 53.88% at the end of 2023[3] - Total liabilities reached CNY 1,520,651,135.04, compared to CNY 1,252,676,055.06, indicating an increase of about 21.4%[18] - Current liabilities rose to ¥1,459,840,599.80 in 2024, compared to ¥1,071,050,607.78 in 2023, an increase of approximately 36.3%[21] - Non-current liabilities decreased to ¥63,249,863.10 in 2024 from ¥172,106,801.25 in 2023, a reduction of about 63.3%[21] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -166,905,912.05, a decrease of 53.25% compared to CNY -108,908,163.29 in the previous year[4] - Cash inflow from operating activities for the first nine months of 2024 was ¥2,425,800,791.64, compared to ¥2,086,261,704.89 in the same period of 2023[26] - Cash inflow from financing activities was ¥821,700,115.50, an increase from ¥808,000,000.00 year-over-year[29] - Net cash flow from operating activities was -¥169,211,690.32, compared to -¥61,154,344.44 in the previous year[29] - The company reported a total cash and cash equivalents net decrease of ¥23,855,096.32, contrasting with an increase of ¥46,459,977.55 in the previous year[29] Shareholder Information - The total number of unrestricted shares at the end of the reporting period is 103,913,030, accounting for 38.43% of total shares[8] - The total number of restricted shares is 166,486,970, representing 61.57% of total shares, with the controlling shareholder holding 160,740,970 shares (59.45%)[9] - The total share capital of the company is 270,400,000 shares, with 11,193 shareholders[9] - The top ten shareholders collectively hold 174,560,803 shares, which is 64.55% of the total shares[10] Other Financial Metrics - The gross profit margin improved, with the weighted average return on net assets based on net profit attributable to shareholders increasing to 8.13% from 7.44% year-on-year[4] - Research and development expenses for the first nine months of 2024 were ¥82,929,832.22, compared to ¥68,733,351.50 in 2023, representing an increase of approximately 20.6%[22] - Other income surged by 470.60% to CNY 29,833,604.01, primarily due to VAT input tax deductions[5] - Tax expenses for the first nine months of 2024 were ¥14,664,731.22, compared to ¥7,749,407.18 in the same period of 2023[24]