GYLS(SH:600059)2024-10-25 08:09Financial Performance - The company's operating revenue for Q3 2024 was ¥401,136,428.36, representing an increase of 8.06% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥39,880,943.05, a decrease of 7.82% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥39,502,506.76, down by 2.91% from the previous year[2]. - Total operating revenue for the first three quarters of 2024 reached ¥1,290,827,216.18, an increase of 11.29% compared to ¥1,159,775,699.76 in the same period of 2023[15]. - Net profit for the first three quarters of 2024 was ¥135,460,315.67, slightly higher than ¥134,204,989.07 in the same period of 2023, reflecting a growth of 0.93%[16]. - Earnings per share for the first three quarters of 2024 remained stable at ¥0.15, consistent with the same period in 2023[16]. - The company reported a total comprehensive income of ¥135,662,949.91 for the first three quarters of 2024, compared to ¥134,429,895.82 in the same period of 2023[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,456,675,711.97, a decrease of 5.66% compared to the end of the previous year[3]. - The company's current assets totaled RMB 3,985,349,265.66, down from RMB 4,424,093,571.73, indicating a decrease of about 9.93%[11]. - The company's total assets decreased from ¥6,844,231,539.59 in the previous year to ¥6,456,675,711.97[14]. - The total liabilities decreased to RMB 3,985,349,265.66 from RMB 4,424,093,571.73, indicating a decline of approximately 9.93%[12]. - The company's total non-current liabilities were reported at ¥593,905,769.06, reflecting a strategic focus on long-term financial stability[14]. Cash Flow - The cash flow from operating activities for the year-to-date was negative at -¥35,605,632.08, reflecting a decline of 2.07% compared to the same period last year[2]. - In the first three quarters of 2024, the company reported cash inflows from operating activities of approximately ¥1.23 billion, an increase from ¥1.18 billion in the same period of 2023, representing a growth of about 4.5%[18]. - The cash outflows for operating activities increased to approximately ¥1.26 billion in 2024 from ¥1.21 billion in 2023, resulting in a net cash flow from operating activities of approximately -¥35.61 million, slightly worse than the -¥34.88 million in 2023[18]. - The company recorded cash inflows from investment activities of approximately ¥19.14 million in 2024, a significant decrease from ¥359.74 million in 2023, indicating a decline of about 94.7%[19]. - Cash outflows for investment activities decreased to approximately ¥204.86 million in 2024 from ¥281.62 million in 2023, leading to a net cash flow from investment activities of approximately -¥185.72 million, compared to a positive cash flow of ¥78.12 million in 2023[19]. - The company reported cash inflows from financing activities of ¥0.17 million in 2023, while cash outflows increased to approximately ¥129.12 million in 2024 from ¥74.15 million in 2023, resulting in a net cash flow from financing activities of approximately -¥129.12 million[19]. - The company's cash and cash equivalents at the end of Q3 2024 stood at approximately ¥1.79 billion, a slight decrease from ¥1.80 billion at the end of Q3 2023[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 62,628[7]. - The largest shareholder, China Shaoxing Huangjiu Group Co., Ltd., held 334,624,117 shares, accounting for 36.71% of the total shares[7]. - The minority shareholders' equity increased to ¥38,502,895.23 from ¥37,703,959.18 year-over-year[14]. Operational Changes - The company's accounts receivable increased by 60.73%, primarily due to an increase in sales receivables[5]. - The company's fixed assets increased by 67.14%, attributed to the transfer of construction projects to fixed assets[5]. - Inventory decreased to RMB 1,853,130,290.43 from RMB 2,003,349,594.42, reflecting a reduction of approximately 7.48%[12]. - The company's fixed assets rose to RMB 1,681,870,709.43 from RMB 1,006,279,042.60, an increase of about 67.03%[12]. - The company reported a significant reduction in accounts payable, which decreased to RMB 254,051,272.93 from RMB 419,734,785.43, a decline of about 39.38%[12]. - The company has not disclosed any new products or technologies in this quarter's report[11]. - There are no significant changes in the shareholder structure or major strategic initiatives reported for this quarter[11]. Research and Development - Research and development expenses increased to ¥18,692,393.91 in the first three quarters of 2024, compared to ¥17,748,455.45 in 2023, indicating a focus on innovation[15].