SPC(002573)2024-10-30 10:38Financial Performance - The company's revenue for Q3 2024 was ¥1,963,520,895.90, a decrease of 16.97% compared to the same period last year[2] - The net profit attributable to shareholders was -¥12,017,959.80, representing a decline of 118.16% year-over-year[2] - The net profit after deducting non-recurring gains and losses was -¥19,667,035.32, down 129.17% from the previous year[2] - Total operating revenue for Q3 2024 was CNY 5,884,956,835.50, a decrease of 1.58% compared to CNY 5,979,944,509.20 in the same period last year[16] - The net profit for Q3 2024 was CNY 99,550,798.84, a decrease of 68.3% compared to CNY 314,682,093.52 in Q3 2023[17] - Operating profit for Q3 2024 was CNY 166,855,549.13, down 53.5% from CNY 358,410,927.82 in the same period last year[17] - The company reported a total comprehensive income of CNY 92,561,156.62 for Q3 2024, down from CNY 307,692,451.30 in Q3 2023[17] - Basic and diluted earnings per share for Q3 2024 were CNY 0.0423, a decrease of 76.8% from CNY 0.1828 in the previous year[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥25,596,047,756.53, an increase of 4.23% from the end of the previous year[2] - The company's total current assets as of September 30, 2024, were ¥1,139,722,447.49, a decrease from ¥1,190,744,480.79 at the beginning of the period[12] - Current liabilities totaled CNY 10,662,387,713.79, up from CNY 9,200,594,999.07, indicating a rise in short-term financial obligations[14] - The company's total liabilities increased significantly, with short-term borrowings rising by 41.77% to ¥4,137,196,189.70, due to debt restructuring efforts[5] - The company reported a significant increase in contract liabilities to CNY 1,045,522,704.67, compared to CNY 734,860,647.18 in the previous year, suggesting growth in future revenue commitments[14] - Long-term borrowings decreased to CNY 5,946,901,483.00 from CNY 6,454,707,217.31, indicating a reduction in long-term debt[14] Cash Flow - The cash flow from operating activities for the year-to-date was ¥603,855,248.46, reflecting a 130.51% increase compared to the same period last year[2] - The net cash flow from operating activities increased by 130.51% to ¥603,855,248.46 compared to ¥261,963,255.31 in the same period last year, primarily due to increased project payments and changes in revenue structure[8] - The net cash flow from financing activities improved by 79.33% to -¥78,338,210.84 from -¥378,938,896.07, mainly due to increased financing amounts related to acquisitions during the reporting period[8] - The company incurred a net cash outflow from investing activities of CNY -555,697,171.61, slightly improved from CNY -559,588,244.93 in Q3 2023[19] - Cash flow from financing activities showed a net outflow of CNY -78,338,210.84, compared to CNY -378,938,896.07 in the same quarter last year[19] Research and Development - The company reported a significant increase in R&D expenses, totaling ¥129,946,370.52, which is a 57.70% increase year-over-year[7] - Research and development expenses rose significantly to CNY 129,946,370.52, compared to CNY 82,401,707.70 in the previous year, indicating a focus on innovation[16] Shareholder Information - The total number of common shareholders at the end of the reporting period was 49,286, with no preferred shareholders having restored voting rights[9] - Sichuan Ecological Environmental Industry Group Co., Ltd. holds 41.85% of the shares, amounting to 596,118,979 shares, with 298,059,489 shares pledged[10] Taxation - The company experienced a 271.51% increase in taxes and surcharges, amounting to ¥181,387,245.06, attributed to increased taxable income from subsidiaries[7] - The company reported a tax expense of CNY 79,432,339.84 for Q3 2024, an increase from CNY 48,108,531.05 in Q3 2023[17] Other Observations - The company has not disclosed any new product developments or market expansion strategies in the current report[11] - There are no significant changes in the top ten shareholders' participation in margin trading or securities lending activities compared to the previous period[11] - The company reported a decrease in trading financial assets to ¥31,543,613.91 from ¥68,790,494.65, reflecting a reduction in marketable securities[12] - Accounts receivable amounted to ¥3,707,315,234.36, slightly down from ¥3,748,694,864.69 in the previous period[12] - Prepayments increased to ¥839,198,032.10 from ¥712,962,305.51, indicating a growth in advance payments[12]