巨力索具(002342) - 2024 Q3 - 季度财报

Report Overview Important Notice This unaudited Q3 2024 report's truthfulness, accuracy, and completeness are guaranteed by the Board, Supervisory Board, and senior management, with financial information affirmed by key executives - This report is unaudited[2] - The Board of Directors, Supervisory Board, and senior management guarantee the report's truthfulness, accuracy, and completeness, assuming individual and joint legal responsibility[2] - The company's head, chief accountant, and accounting department head declare the financial information in the quarterly report is true, accurate, and complete[2] Key Financial Data Key Accounting Data and Financial Indicators Q3 and YTD 2024 saw declines in revenue and net profit, with Q3 net profit attributable to shareholders plummeting 300.01% to a loss of CNY 7.67 million Key Accounting Data and Financial Indicators (Q3 2024 and Year-to-Date) | Indicator | Current Period (CNY) | YoY Change for Current Period | Year-to-Date (CNY) | YoY Change for YTD | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 569,456,892.64 | -12.60% | 1,540,072,684.00 | -10.16% | | Net Profit Attributable to Shareholders of Listed Company | -7,665,581.15 | -300.01% | -3,723,565.50 | -133.86% | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-Recurring Gains and Losses | -9,341,053.32 | -394.60% | -10,939,199.34 | -284.58% | | Net Cash Flow from Operating Activities | — | — | -140,997,898.55 | -75.50% | | Basic Earnings Per Share (CNY/share) | -0.0080 | -300.00% | -0.0039 | -133.91% | | Diluted Earnings Per Share (CNY/share) | -0.0080 | -300.00% | -0.0039 | -133.91% | | Weighted Average Return on Net Assets | -0.31% | -0.44% | -0.15% | -0.57% | | Total Assets (End of Period) | 5,132,995,001.83 | 7.45% | 5,132,995,001.83 | 7.45% | | Owners' Equity Attributable to Shareholders of Listed Company (End of Period) | 2,469,549,254.71 | -0.27% | 2,469,549,254.71 | -0.27% | Non-Recurring Gains and Losses and Amounts The company's YTD non-recurring gains and losses totaled CNY 7.22 million, primarily from government subsidies, reversal of impairment provisions, and other non-operating income and expenses Non-Recurring Gains and Losses and Amounts (Year-to-Date) | Item | Year-to-Date Amount (CNY) | | :--- | :--- | | Government subsidies recognized in current profit or loss | 7,394,307.34 | | Gains and losses from changes in fair value of financial assets and liabilities held by non-financial enterprises, and gains and losses from disposal of financial assets and liabilities | 166,299.16 | | Reversal of impairment provisions for accounts receivable subject to separate impairment testing | 1,416,687.67 | | Debt restructuring gains and losses | 3,171.05 | | Other non-operating income and expenses apart from the above | 302,094.41 | | Less: Income tax impact | 1,772,371.77 | | Total | 7,215,633.84 | Changes and Reasons for Key Accounting Data and Financial Indicators Multiple balance sheet, income statement, and cash flow statement items experienced significant changes, driven by factors such as reduced bill settlements, increased inventory, new construction projects, and tax incentives Balance Sheet Item Changes and Reasons (September 30, 2024 vs. December 31, 2023) | Item | September 30, 2024 (CNY) | December 31, 2023 (CNY) | Change Rate | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Notes Receivable | 57,837,438.65 | 100,164,432.95 | -42.26% | Decrease in goods settled by notes receivable during the reporting period | | Accounts Receivable Financing | 182,694,501.97 | 137,726,245.63 | 32.65% | Increase in bill business settled through supply chain financial service platform during the reporting period | | Inventories | 852,259,053.89 | 607,958,269.15 | 40.18% | Increase in raw material reserves and orders produced but not yet delivered at the end of the reporting period | | Non-current Assets Due Within One Year | 37,375,437.57 | — | — | Increase in finance lease receivables due within one year | | Other Current Assets | 11,117,572.79 | 5,326,824.07 | 108.71% | Increase in VAT credit at the end of the reporting period | | Long-term Receivables | 44,127,975.58 | — | — | Increase in finance lease receivables | | Construction in Progress | 202,239,421.11 | 119,884,909.80 | 68.69% | New construction projects during the reporting period | | Taxes Payable | 5,599,453.28 | 18,240,440.26 | -69.30% | Decrease in VAT payable at the end of the reporting period | | Non-current Liabilities Due Within One Year | 96,563,580.00 | 318,821,980.00 | -69.71% | Decrease in long-term borrowings due within one year at the end of the reporting period | | Other Current Liabilities | 33,244,098.92 | 24,605,023.49 | 35.11% | Increase in commercial acceptance bills endorsed but not yet due at the end of the reporting period | | Long-term Borrowings | 646,165,576.30 | 297,573,966.30 | 117.14% | Increase in long-term loan amounts during the reporting period | Income Statement Item Changes and Reasons (January-September 2024 vs. January-September 2023) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | Change Rate | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Taxes and Surcharges | 21,546,372.30 | 16,358,446.88 | 31.71% | Increase in VAT exemption and deduction amounts, and increase in tax base for surcharges during the reporting period | | Other Income | 21,652,193.09 | 6,333,309.22 | 241.88% | Enjoyment of VAT super deduction tax incentives for advanced manufacturing during the reporting period | | Investment Income | 109,516.27 | 581,159.82 | -81.16% | Decrease in profit of investees during the reporting period | | Credit Impairment Losses | -18,444,371.00 | -26,934,368.85 | -31.52% | Decrease in bad debt provision for accounts receivable during the reporting period | | Gains on Disposal of