J-Yuan Trust (SH:600816)2024-10-08 09:47Financial Performance - Total operating income for Q3 2024 reached ¥169,229,054.07, an increase of 476.44% year-on-year[4] - Net profit attributable to shareholders for Q3 2024 was ¥5,960,520.43, a decrease of 37.34% compared to the same period last year[4] - Net profit excluding non-recurring gains and losses for Q3 2024 was ¥79,383,193.01, an increase of 276.38% year-on-year[4] - Basic earnings per share for Q3 2024 were ¥0.0006, a decrease of 25.00% year-on-year[5] - Diluted earnings per share for Q3 2024 were also ¥0.0006, reflecting a 25.00% decrease compared to the previous year[5] - Net profit for the third quarter of 2024 was ¥40,674,144.52, compared to ¥34,096,705.63 in the same quarter of 2023, indicating an increase of about 19%[20] - Total operating revenue for the first three quarters of 2024 reached ¥250,214,803.96, a significant increase from ¥84,539,714.87 in the same period of 2023, representing a growth of approximately 195%[19] - Net profit for the first three quarters of 2024 was RMB 42.41 million, compared to RMB 36.37 million in 2023, showing a growth of 16.4%[29] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥22,648,070,097.29, representing a 1.61% increase from the end of the previous year[5] - The total assets of the company increased to 22,648,070,097.29 RMB compared to 22,288,860,574.83 RMB at the end of 2023[16] - The total current assets decreased to 11,196,216,550.35 RMB from 13,034,831,969.09 RMB[16] - The total liabilities decreased to ¥8,338,779,052.45 in Q3 2024 from ¥8,492,226,131.80 in Q3 2023, reflecting a reduction of approximately 2%[18] - The total liabilities decreased to ¥6,860,779,779.91 from ¥7,515,944,646.63 in the previous year[26] - The company's total equity increased to ¥14,309,291,044.84 in Q3 2024, up from ¥13,796,634,443.03 in Q3 2023, marking an increase of about 3.7%[18] - The company's total equity increased to ¥13,681,475,027.03 from ¥13,167,081,093.06 year-over-year[27] Cash Flow - The company's cash and cash equivalents as of September 30, 2024, amount to 95,107,635.64 RMB, a significant decrease from 2,447,839,425.02 RMB at the end of 2023[14] - The net cash flow from operating activities for Q3 2024 was ¥562,381,645.26, a significant improvement compared to the negative cash flow of -¥1,568,994,531.78 in Q3 2023[23] - Cash flow from operating activities generated a net inflow of RMB 260.22 million, a significant recovery from a net outflow of RMB 2.54 billion in the same period last year[30] - The company reported a net decrease in cash and cash equivalents of RMB 2.33 billion for the period, contrasting with an increase of RMB 2.86 billion in the previous year[31] - The ending balance of cash and cash equivalents stood at RMB 47.54 million, down from RMB 3.12 billion at the end of the previous year[31] Investment and Projects - The company managed a total of 237 trust projects with a total entrusted management scale of ¥221.985 billion as of September 2024[9] - The company established 52 new trust projects in the first nine months of 2024, with a new trust scale of ¥88.209 billion[9] - The company achieved commission and fee income of ¥22.9 million in the first nine months of 2024[9] - Investment income for the first three quarters of 2024 was ¥89,369,056.72, compared to ¥29,024,924.23 in the same period of 2023, showing an increase of approximately 208%[20] - The company reported a significant increase in interest, fees, and commissions received, totaling ¥505,798,944.11 in Q3 2024, compared to ¥99,410,697.23 in Q3 2023[23] - Net commission and fee income surged to RMB 229.62 million, up from RMB 73.54 million year-over-year, reflecting a growth of 212.5%[28] Strategic Vision - The company's strategic vision aims to build a high-quality, innovative comprehensive financial service provider over the next 3-5 years[9]