YASHA(002375)2024-10-30 10:38Revenue and Profit - Revenue for Q3 2024 was CNY 2,548,902,897.21, a decrease of 18.71% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 107,923,958.14, down 10.63% year-over-year[2] - Net profit excluding non-recurring items was CNY 103,228,143.21, a decrease of 4.86% compared to the previous year[2] - Total revenue for the third quarter was ¥8,311,097,810.23, a decrease of 5.8% compared to ¥8,822,007,022.65 in the same period last year[13] - Net profit for the period was ¥250,731,377.61, slightly up from ¥249,155,120.34 in the previous year, indicating a growth of 0.6%[14] - The total comprehensive income attributable to the parent company for the current period is ¥250,731,377.61, compared to ¥249,155,120.34 in the previous period, reflecting a slight increase[15] Assets and Liabilities - Total assets at the end of the reporting period were CNY 21,870,650,042.87, a decrease of 4.97% from the end of the previous year[2] - The company's total assets decreased to ¥21,870,650,042.87 from ¥23,015,548,747.86, reflecting a decline of 4.9%[12] - Total liabilities decreased to ¥13,597,207,798.30 from ¥14,817,012,204.44, a reduction of 8.2%[12] - The equity attributable to shareholders increased to ¥7,969,630,147.92 from ¥7,892,429,326.30, showing an increase of 1.0%[12] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 956,488,290.88, reflecting a 13.15% increase in cash outflow year-to-date[2] - The net cash flow from operating activities for the current period is -¥956,488,290.88, an improvement from -¥1,101,363,653.88 in the previous period[16] - Cash inflow from operating activities totaled ¥8,692,444,694.41, down from ¥9,009,609,024.11 in the previous period[16] - The cash outflow from operating activities was ¥9,648,932,985.29, compared to ¥10,110,972,677.99 in the previous period[16] - The net cash flow from investing activities is -¥17,820,002.32, an improvement from -¥29,922,630.61 in the previous period[16] - The net cash flow from financing activities is -¥439,993,488.76, compared to -¥173,287,510.19 in the previous period[17] - The ending balance of cash and cash equivalents is ¥1,108,948,531.65, down from ¥1,230,660,482.83 in the previous period[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 32,284[7] - The largest shareholder, Yasha Holdings Co., Ltd., holds 32.77% of shares, totaling 439,090,032 shares, with 313,350,000 shares pledged[7] Investments and Expenses - The company reported a 40.45% increase in net cash flow from investing activities compared to the same period last year[6] - Investment income for the period increased by 111.62% year-over-year, attributed to higher returns from joint ventures and reduced interest expenses[5] - The company reported a 63.62% decrease in non-operating income compared to the previous year, primarily due to reduced clearance of non-payable amounts[5] - Research and development expenses for the quarter were ¥300,338,110.42, down 3.5% from ¥311,720,578.91 in the previous year[14] Other Financial Metrics - The weighted average return on equity was 1.36%, down 0.18% from the previous year[2] - The company's cash and cash equivalents decreased from ¥3,321,365,121.17 to ¥1,795,936,289.02, a decline of approximately 46%[9] - Accounts receivable increased slightly from ¥3,909,132,230.02 to ¥3,879,889,573.52, a decrease of about 0.75%[9] - Inventory increased from ¥2,527,311,066.62 to ¥2,569,036,198.34, an increase of approximately 1.65%[10] - The total current assets decreased from ¥18,841,289,697.14 to ¥17,708,741,820.33, a decline of about 6.03%[10] - Non-current assets slightly decreased from ¥4,174,259,050.72 to ¥4,161,908,222.54, a decrease of approximately 0.29%[10] - The company reported a total of ¥8,054,540,712.82 in contract assets, up from ¥7,893,541,147.41, an increase of about 2.03%[10] Future Outlook - The company has not disclosed any new product developments or market expansion strategies in the current report[8] - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[12]