WLY(SZ:002434)2024-10-25 08:16Financial Performance - The company's operating revenue for Q3 2024 was ¥1,555,431,450.12, representing a 2.40% increase year-over-year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥72,914,209.30, a 3.44% increase compared to the same period last year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥66,733,675.54, showing a 9.88% increase year-over-year[2]. - The basic earnings per share for Q3 2024 was ¥0.06, a 20.00% increase compared to the same period last year[2]. - The company reported a net profit margin of approximately 5.14% for the quarter, compared to 5.05% in the previous year[11]. - The net profit for Q3 2024 was CNY 265,424,958.13, a decrease of 15% compared to CNY 311,902,736.90 in Q3 2023[12]. - Operating profit for the quarter was CNY 302,311,896.95, down 19% from CNY 375,035,655.92 in the same period last year[12]. - The total profit for the quarter was CNY 298,538,264.81, down from CNY 369,723,731.79, a decline of about 19%[12]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥10,822,612,854.63, reflecting a 0.63% increase from the end of the previous year[2]. - The equity attributable to shareholders decreased by 2.32% to ¥5,756,904,264.85 compared to the end of the previous year[2]. - Current liabilities totaled ¥3,788,101,233.22, a decrease of 8.68% from ¥4,146,663,883.67 in the previous year[10]. - Non-current assets rose to ¥6,224,117,365.04, compared to ¥6,119,724,373.34, indicating an increase of 1.71%[9]. - The company's total assets and liabilities will be detailed in the upcoming financial statements, which are expected to provide further insights into its financial health[8]. Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥351,487,789.56, an increase of 4.59% year-over-year[2]. - The net cash flow from operating activities for Q3 2024 was CNY 351,487,789.56, an increase from CNY 336,073,148.62 in Q3 2023, reflecting a growth of approximately 0.42%[15]. - Cash inflow from operating activities included CNY 3,829,629,937.88 from sales of goods and services, an increase from CNY 3,311,920,326.01 in the previous year[14]. - The total cash outflow from operating activities amounted to CNY 3,693,264,859.18, compared to CNY 3,168,502,488.66 in the previous year, indicating an increase of about 16.54%[15]. - Cash inflow from investment activities decreased to CNY 20,420,400.00 from CNY 74,502,697.97, representing a decline of approximately 72.6%[15]. - The net cash flow from investment activities was negative at CNY -382,169,179.67, worsening from CNY -285,820,737.70 year-over-year[15]. - Cash inflow from financing activities increased significantly to CNY 2,170,187,450.00, up from CNY 1,120,745,918.00, marking an increase of about 93.5%[15]. - The net cash flow from financing activities was CNY 91,868,686.33, compared to CNY 55,050,859.10 in the same quarter last year, showing an increase of approximately 66.8%[15]. - The ending balance of cash and cash equivalents rose to CNY 494,956,616.79 from CNY 437,785,542.95, reflecting an increase of about 13.06%[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 31,193, with the largest shareholder, Wanliyang Group Co., Ltd., holding 29.26% of the shares[7]. - The company has a total of 10 major shareholders, with the top five holding over 51% of the shares, indicating a concentrated ownership structure[7]. - The actual controller of Wanliyang Group Co., Ltd. holds 84.93% of the shares, indicating a strong control over the company[7]. - The company has not reported any changes in the participation of major shareholders in margin trading activities during the reporting period[7]. Expenses - The sales expenses for the period increased by 52.45% year-over-year, primarily due to higher consulting and overseas sales service fees[5]. - Research and development expenses amounted to CNY 197,306,574.42, down from CNY 224,334,629.69 in the previous year, indicating a reduction of approximately 12%[12]. - Sales expenses increased to CNY 127,050,989.10, up from CNY 83,341,224.85, representing a rise of approximately 53%[12]. - The company reported a decrease in financial expenses to CNY 48,593,951.86 from CNY 34,285,174.99, an increase of approximately 42%[12]. - The company’s cash outflow for employee compensation increased to CNY 392,725,532.95 from CNY 371,385,169.12, representing a growth of about 5.5%[15]. Inventory and Receivables - Accounts receivable stood at ¥1,534,907,742.84, slightly down from ¥1,575,170,816.13, indicating a decrease of about 2.6%[8]. - The company reported a significant increase in prepayments, which rose to ¥74,131,985.11 from ¥29,958,570.40, marking an increase of approximately 147%[8]. - The company’s trading financial assets increased to ¥2,998,476.00 from ¥2,293,706.00, reflecting an increase of about 31%[8]. - The company’s other receivables decreased to ¥190,101,864.30 from ¥217,509,815.43, a decline of approximately 12.6%[8]. - Inventory increased to ¥1,249,795,045.26 from ¥980,369,155.80, reflecting a growth of 27.5%[9]. Audit and Reporting - The company has not undergone an audit for the Q3 2024 report[16].