SUNYES(002388)2024-10-30 12:23Financial Performance - The company's revenue for Q3 2024 was ¥572,171,294.57, representing a 4.33% decrease compared to ¥575,156,014.75 in the same period last year[2]. - The net profit attributable to shareholders was a loss of ¥9,394,490.25, showing a significant improvement from a loss of ¥28,119,534.06 in the previous year, marking a 981.54% increase[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥9,994,901.67, which is a 31.42% improvement from a loss of ¥34,856,509.69 in the same period last year[2]. - The basic and diluted earnings per share were both -¥0.0186, a 994.12% improvement from -¥0.0558 in the same period last year[2]. - The net profit attributable to shareholders of the parent company was ¥624,734.60, a significant decrease compared to ¥8,917,693.56 in the previous period, reflecting a decline of approximately 92.0%[14]. - The company reported a total profit of -¥36,414,893.93, compared to a profit of ¥5,422,550.82 in the previous period, showing a significant decline[14]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥128,710,712.39, an 18.67% improvement from -¥158,247,842.98 in the previous year[2]. - Net cash flow from operating activities improved by 18.67% to -¥128,710,712.39, mainly due to an increase in gross profit from sales[5]. - The total cash outflow from operating activities was ¥3,134,806,999.12, down from ¥3,433,161,101.49, indicating a decrease of about 8.7%[15]. - Cash inflow from financing activities totaled ¥483,401,139.22, a decrease of 55% compared to ¥1,073,808,377.33 in the previous year[16]. - Net cash flow from financing activities was ¥114,018,043.33, slightly down from ¥117,531,524.06 year-over-year[16]. - The company experienced a net decrease in cash and cash equivalents of ¥121,887,365.43, compared to a decrease of ¥397,546,282.33 in the same period last year[16]. Assets and Liabilities - Total assets at the end of the period were ¥3,072,228,934.01, reflecting a 1.99% increase from ¥3,012,371,291.01 at the end of the previous year[2]. - The equity attributable to shareholders was ¥1,206,985,786.41, a 0.97% increase from ¥1,195,364,713.03 at the end of the previous year[2]. - Total liabilities rose from RMB 1,463,369,916.21 to RMB 1,528,920,121.36, reflecting an increase in financial obligations[11]. - Deferred tax assets increased significantly from RMB 16,982,969.13 to RMB 48,435,397.74, suggesting potential future tax benefits[11]. Receivables and Financing - The company reported a significant increase in accounts receivable notes, rising by 299.10% to ¥389,412,445.48 from ¥97,573,601.31 in the previous year[4]. - Accounts receivable financing decreased by 67.71% to ¥12,340,251.49, primarily due to the maturity of receivable notes[5]. - Other receivables increased by 183.08% to ¥18,519,910.30, mainly due to an increase in export tax refunds[5]. - Short-term borrowings rose by 36.36% to ¥608,050,000.00, reflecting an increase in short-term financing[5]. - Financial expenses increased by 45.76% to ¥31,524,650.28, primarily due to increased interest expenses on financing loans[5]. Government Support and Non-Recurring Items - Non-recurring gains and losses amounted to ¥600,411.42 for the current period, compared to -¥6,044,059.48 in the previous year[3]. - The company received government subsidies totaling ¥748,655.63 during the current period, contributing to its financial performance[3]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,373[6]. - The controlling shareholder plans to increase their stake by acquiring between 5,124,136 shares (1% of total shares) and 10,248,272 shares (2% of total shares) at a price not exceeding RMB 6 per share[8]. - From July 10 to August 5, 2024, the controlling shareholder's associates acquired 5,130,400 shares, representing 1% of the total share capital, completing the share purchase plan[9]. Operational Insights - The company continues to operate normally despite receiving a notice from the China Securities Regulatory Commission regarding an investigation into information disclosure violations[9]. - The company has not yet adopted the new accounting standards for the current fiscal year[17].