ZYNM(SH:603527)2024-10-21 08:19Financial Performance - The company's operating revenue for Q3 2024 reached ¥2,598,747,825.60, representing a year-on-year increase of 28.78%[2] - The net profit attributable to shareholders for the same period was ¥26,519,429.95, reflecting a growth of 15.05% compared to the previous year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 7.51% year-on-year, amounting to ¥20,384,093.48[2] - Total operating revenue for the first three quarters of 2024 reached CNY 6,647,588,756.68, an increase of 20.3% compared to CNY 5,525,285,513.35 in the same period of 2023[12] - Net profit for the first three quarters of 2024 was CNY 89,918,751.50, up from CNY 86,724,346.67 in 2023, reflecting a growth of 2.5%[13] - Operating profit for the first three quarters of 2024 was CNY 81,388,653.27, up 22.6% from CNY 66,394,404.58 in the same period of 2023[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,036,477,701.32, an increase of 31.90% compared to the end of the previous year[3] - Total assets increased to CNY 4,036,477,701.32 as of September 30, 2024, up from CNY 3,060,307,757.94 at the end of 2023, representing a growth of approximately 32%[9] - The company's total liabilities increased to CNY 2,019,652,725.30, compared to CNY 1,102,760,970.21 in the previous year, marking an increase of 83.1%[12] - The total liabilities increased to ¥742,713,422.08 as of September 30, 2024, compared to ¥622,074,201.86 at the end of 2023, representing a rise of 19.4%[19] Equity and Shareholder Information - The total equity attributable to shareholders increased to ¥1,974,625,697.73, a rise of 2.29% from the previous year[3] - The total equity of the company rose to CNY 2,016,824,976.02, up from CNY 1,957,546,787.73, indicating a growth of 3.0%[12] - The number of common shareholders reached 21,548 by the end of the reporting period[7] - The largest shareholder, Feng Quanhua, holds 26.42% of the shares, totaling 83,737,276 shares[7] Cash Flow - The company reported a cash flow from operating activities of -¥591,367,093.04 year-to-date, indicating significant cash outflows[2] - In the first three quarters of 2024, the cash inflow from operating activities reached ¥7,210,588,771.55, an increase of 18.2% compared to ¥6,101,017,165.01 in the same period of 2023[15] - The net cash outflow from operating activities was ¥591,367,093.04, worsening from a net outflow of ¥363,065,465.56 in the previous year[16] - Cash flow from operating activities showed a net outflow of CNY 341,114,735.37 in the first three quarters of 2024, compared to a net outflow of CNY 151,861,370.51 in the same period of 2023[24] Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 56,406,991.98, slightly higher than CNY 54,648,734.74 in 2023, showing an increase of 3.2%[13] - Research and development expenses for the first three quarters of 2024 were CNY 31,982,972.41, slightly down from CNY 32,264,822.51 in 2023[21] Other Financial Metrics - The basic earnings per share for Q3 2024 was ¥0.08, unchanged from the previous quarter, while diluted earnings per share also stood at ¥0.08[3] - The company's basic earnings per share for the first three quarters of 2024 were CNY 0.29, down from CNY 0.35 in the same period of 2023, a decrease of 17.1%[14] - The weighted average return on equity decreased by 0.04 percentage points to 1.36% for the current period[3] - The company reported a significant increase in financial expenses, totaling CNY 7,225,001.70 in the first three quarters of 2024, compared to CNY 3,017,987.93 in the same period of 2023[21] Inventory and Receivables - Current assets rose to CNY 2,689,325,738.20, compared to CNY 1,848,392,629.21 at the end of 2023, indicating an increase of about 46%[10] - Inventory significantly increased to CNY 1,071,010,283.73 from CNY 593,491,251.99, reflecting an increase of approximately 81%[10] - Accounts receivable grew to CNY 1,007,343,833.93, up from CNY 647,452,684.33, marking an increase of around 55%[9] - The accounts receivable increased to ¥101,130,434.59 from ¥97,157,373.27, showing a growth of 4.0%[18] - The company’s inventory as of September 30, 2024, was ¥323,827,129.15, slightly up from ¥312,205,412.92 at the end of 2023, indicating an increase of 3.2%[18] Strategic Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[14] - The company has not disclosed any significant new strategies or product developments in the current report[8]