SICC CO.(688234)2024-10-29 09:17Financial Performance - The company's operating revenue for Q3 2024 was ¥368,987,821.83, a decrease of 4.60% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥41,143,733.21, an increase of 982.08% year-on-year[2]. - Basic earnings per share for Q3 2024 was ¥0.10, reflecting a 900.00% increase compared to the same period last year[2]. - The net profit for Q3 2024 was CNY 143,032,051.19, a significant recovery from a net loss of CNY 68,253,393.11 in Q3 2023, marking a turnaround of over 309%[21]. - The total profit for Q3 2024 reached CNY 143,754,194.85, compared to a total loss of CNY 78,030,894.75 in the same period last year[21]. - The company's operating profit for Q3 2024 was CNY 143,289,976.92, a recovery from an operating loss of CNY 78,440,880.05 in Q3 2023[21]. - The total comprehensive income for Q3 2024 was CNY 143,473,727.79, compared to a total comprehensive loss of CNY -70,727,829.41 in Q3 2023[22]. - Basic and diluted earnings per share for Q3 2024 were both CNY 0.33, a recovery from a loss of CNY -0.16 per share in Q3 2023[22]. Assets and Liabilities - Total assets at the end of Q3 2024 reached ¥7,140,049,170.24, representing a 3.31% increase from the end of the previous year[3]. - The company's total assets increased to CNY 7,140,049,170.24, compared to CNY 6,911,352,711.87, marking a growth of 3.3%[17]. - Total liabilities rose to CNY 1,859,801,481.19 from CNY 1,684,840,023.14, an increase of 10.4%[17]. - The equity attributable to shareholders reached CNY 5,280,247,689.05, up from CNY 5,226,512,688.73, reflecting a growth of 1.0%[17]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥52,201,248.91, indicating a cash outflow[2]. - Cash flow from operating activities for the first three quarters of 2024 was CNY 1,376,638,710.24, up from CNY 918,727,128.20 in the same period of 2023, representing a year-over-year increase of approximately 50%[23]. - The company reported a net cash outflow from operating activities of CNY -52,201,248.91 for Q3 2024, compared to a net outflow of CNY -23,678,981.12 in Q3 2023[24]. - The cash and cash equivalents at the end of Q3 2024 amounted to CNY 928,792,788.80, an increase from CNY 822,058,840.91 at the end of Q3 2023[24]. - The company recorded cash inflows from financing activities of CNY 500,000,000.00 in Q3 2024, indicating active capital raising efforts[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 13,836, with the largest shareholder, Zong Yanmin, holding 30.09% of shares[11]. - The top ten shareholders collectively hold a significant portion of shares, with the second-largest shareholder holding 9.00%[11]. - The company has a diverse shareholder base, including various private equity funds and financial institutions[12]. - The total number of shares held by the top ten unrestricted shareholders includes significant stakes from institutional investors[12]. - The company has not reported any significant changes in the participation of major shareholders in margin trading or securities lending activities[14]. Research and Development - R&D investment for Q3 2024 totaled ¥38,825,145.46, an increase of 16.19% year-on-year, accounting for 10.52% of operating revenue[2]. - Research and development expenses decreased to CNY 95,034,934.76 from CNY 123,223,644.27, a reduction of 22.9%[19]. Operational Insights - The decrease in operating revenue for Q3 2024 was primarily due to an increase in goods shipped that have not yet been recognized as revenue[7]. - The company is focusing on market expansion and new product development strategies to enhance future growth prospects[20]. - There are no notable reminders or additional important information regarding the company's operational status during the reporting period[15]. Revenue and Costs - Total operating revenue for the first three quarters of 2024 reached CNY 1,281,219,949.92, a significant increase of 55.2% compared to CNY 824,780,609.12 in the same period of 2023[19]. - Total operating costs amounted to CNY 1,185,481,448.81, up from CNY 938,486,337.65, reflecting a rise of 26.3%[19]. - The company reported a government subsidy of ¥30,558,453.49, which is closely related to its normal business operations[6].