Gian(300709)2024-10-29 11:25Financial Performance - The company's operating revenue for Q3 2024 was ¥1,575,536,233.56, a decrease of 31.97% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥99,606,380.39, down 73.63% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥89,510,542.06, reflecting a 75.46% decrease compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.54, a decline of 73.17% year-on-year[2] - Total operating revenue for Q3 2024 was CNY 1,575,536,233.56, a decrease of 3.1% from CNY 1,625,622,678.64 in the same period last year[16] - Net profit for Q3 2024 was CNY 95,600,806.20, a decline of 13.7% compared to CNY 110,752,355.17 in Q3 2023[17] - The total comprehensive income for Q3 2024 was CNY 94,612,490.08, down from CNY 108,867,870.31 in the previous year[17] Assets and Liabilities - The total assets as of September 30, 2024, were ¥3,217,914,776.11, representing a 0.29% increase from the end of the previous year[2] - The company's total assets increased to CNY 3,227,312,487.58, up from CNY 3,217,914,776.11 at the end of the previous quarter[15] - The total liabilities decreased to CNY 1,115,944,866.39, down from CNY 1,170,187,376.04 year-over-year[15] - The equity attributable to shareholders of the parent company rose to CNY 2,141,545,202.72, an increase of 3.3% from CNY 2,073,811,464.03 in the previous year[15] Cash Flow - The cash flow from operating activities for Q3 2024 was ¥228,907,456.04, an increase of 22.33% compared to the same period last year[2] - Cash inflow from operating activities totaled CNY 1,700,693,905.95, a decrease of 3.93% from CNY 1,770,486,224.06 in the previous period[19] - Net cash flow from operating activities increased to CNY 228,907,456.04, up 22.3% from CNY 187,119,063.08 in the previous period[19] - Net cash flow from investing activities was negative CNY 338,794,661.04, worsening from negative CNY 58,736,310.28 in the previous period[20] - Cash and cash equivalents at the end of the period were CNY 401,059,418.43, down from CNY 605,333,590.53 at the beginning of the period[20] - Total cash outflow from financing activities was CNY 156,744,191.91, compared to CNY 289,711,819.59 in the previous period[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,971, with the largest shareholder, Wang Mingxi, holding 19.43% of the shares[9] - The total number of shares held by the top ten shareholders includes significant stakes from various entities, with the top three shareholders holding a combined total of 28.26%[10] - The total number of shares held by the top ten unrestricted shareholders reflects a concentration of ownership, with the largest unrestricted shareholder holding 19.43%[11] Other Financial Metrics - The company reported a significant increase of 351.06% in trading financial assets, totaling ¥292,488,618.20, due to the purchase of financial products during the reporting period[6] - The company experienced a 50.19% reduction in short-term borrowings, amounting to ¥58,831,196.21, as a result of repayment during the reporting period[6] - The company received government subsidies amounting to ¥2,051,324.61 during the reporting period, contributing to its non-recurring gains[3] - The company reported a 66.98% increase in other income, totaling ¥786,877.68, primarily due to the write-off of accounts payable[7] - The company's cash and cash equivalents decreased from ¥645,812,599.73 to ¥401,606,518.43, a decline of approximately 37.8%[13] - The total current assets increased from ¥1,764,290,293.78 to ¥1,814,568,120.00, reflecting a growth of about 2.3%[13] - The company's inventory rose significantly from ¥305,516,795.89 to ¥409,158,534.80, an increase of approximately 33.9%[13] - The long-term equity investment increased from ¥448,274.94 to ¥9,648,274.94, showing a substantial growth of about 2045.5%[13] - The company reported a decrease in accounts receivable from ¥632,686,980.63 to ¥617,415,684.25, a decline of about 2.3%[13] Management and Governance - The company has completed the election of the board of directors and supervisory board, along with the appointment of senior management personnel[12] - The company has engaged in financing activities, with specific shareholders participating in margin trading, indicating active market engagement[10] Research and Development - Research and development expenses for Q3 2024 were CNY 139,049,069.70, slightly down from CNY 140,081,731.50 in the same quarter last year[16] - The company reported a decrease in financial expenses to CNY 3,351,511.57, compared to CNY 13,639,483.78 in Q3 2023[16]