SFHY(000631)2024-10-29 16:18Financial Performance - The company's operating revenue for Q3 2024 was ¥60,165,256.55, a decrease of 96.36% compared to the same period last year[1] - The net profit attributable to shareholders was ¥16,549,490.12, down 92.07% year-on-year[1] - The net profit after deducting non-recurring gains and losses was ¥8,882,863.22, reflecting a decline of 95.57% compared to the previous year[1] - The net profit for Q3 2024 was ¥53,918,473.81, a decrease of 80.1% compared to ¥267,887,130.67 in the same period last year[16] - The total profit for the period was ¥75,793,616.25, down 78.6% from ¥354,045,266.01 in the previous year[16] - Operating profit for Q3 2024 was ¥74,105,668.18, a significant decline of 78.0% from ¥337,481,987.16 in Q3 2023[16] - The company reported a basic and diluted earnings per share of ¥0.02, down from ¥0.12 in Q3 2023[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,822,733,294.70, an increase of 0.48% from the end of the previous year[1] - The company's total assets increased to CNY 6,822,733,294.70 from CNY 6,790,103,343.47 at the beginning of the period[14] - Non-current liabilities totaled CNY 1,047,948,472.61, up from CNY 844,634,700.78 at the start of the period[14] - The company's equity attributable to shareholders decreased to CNY 5,708,180,423.85 from CNY 5,883,156,449.47[14] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥8,084,760.84, a decrease of 72.26% compared to the same period last year[1] - Cash flow from operating activities generated a net amount of ¥8,084,760.84, down 72.2% from ¥29,140,174.23 in the same period last year[18] - The cash outflow for operating activities was ¥297,331,928.39, slightly up from ¥294,061,589.96 in the same period last year[18] - Investment activities generated a net cash inflow of ¥309,287,623.46, compared to ¥279,037,237.94 in the previous year, reflecting a growth of 10.8%[18] - The cash flow from financing activities was ¥93,280,219.78, an increase of 114.60% compared to the previous period[6] - The company’s cash flow from financing activities showed a net inflow of ¥93,280,219.78, a recovery from a net outflow of ¥638,830,394.50 in the same period last year[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,668, with the largest shareholder holding 62.28% of the shares[7] - The company held 55,311,694 shares through a repurchase special account, accounting for 2.31% of the total share capital[10] - The company proposed the nomination of candidates for the tenth board of directors and the tenth supervisory board, which will be submitted for shareholder approval[11] - The company plans to hold a shareholder meeting to vote on the proposed candidates using a cumulative voting system[11] - The company’s major shareholders include Wanxiang Group with 1,491,831,780 shares, representing a significant portion of the total shares[9] Current Assets - The total current assets at the end of the reporting period amounted to 5,826,526,811.50 RMB, a decrease from 5,955,855,063.13 RMB at the beginning of the period[12] - Cash and cash equivalents increased to 5,001,722,703.53 RMB from 4,925,070,081.18 RMB, reflecting a growth of approximately 1.6%[12] - Accounts receivable rose to 50,203,293.10 RMB from 44,538,051.09 RMB, indicating an increase of about 12%[12] - Other receivables decreased to 86,833,200.00 RMB from 116,942,399.57 RMB, a decline of approximately 26%[12] - Inventory decreased to 633,908,688.98 RMB from 819,308,428.17 RMB, representing a reduction of about 22.6%[12] - Long-term equity investments dropped to 10,032,518.98 RMB from 20,029,943.48 RMB, a decrease of approximately 50%[12] Operating Costs - The company reported a significant decrease in operating costs, which were ¥162,364,574.78, down 88.86% year-on-year[5] - Total operating costs amounted to CNY 215,890,985.79, down from CNY 1,487,537,064.26 year-over-year[15] Other Financial Metrics - The weighted average return on equity was 0.29%, down 3.36% year-on-year[1] - The company received government subsidies amounting to ¥3,356.36 during the reporting period[2] - Research and development expenses were not detailed, but management expenses increased to CNY 48,189,594.48 from CNY 33,437,766.54[15] - The company reported an investment income of CNY 40,460,299.17, compared to CNY 36,481,361.02 in the previous year[15] - Deferred tax assets were CNY 119,116,828.36, slightly down from CNY 120,302,539.81 at the beginning of the period[14] - The company has ongoing construction projects with a balance of CNY 56,979,169.56, significantly up from CNY 7,827,540.05 at the start of the period[14]