GZBL(SZ:002424)2024-10-25 10:22Financial Performance - The company's revenue for Q3 2024 was ¥632,572,276.64, a decrease of 30.50% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥754,621.99, down 96.25% year-on-year, while net profit excluding non-recurring items was -¥7,093,519.41, a decline of 142.00%[2]. - Total operating revenue for Q3 2024 was CNY 2,775,408,246.24, a decrease of 1.22% from CNY 2,809,735,241.23 in the same period last year[13]. - Net profit attributable to shareholders of the parent company was CNY 88,216,031.08, down 37.2% from CNY 140,480,632.36 in Q3 2023[14]. - Operating profit for Q3 2024 was CNY 128,553,017.39, down 23.7% from CNY 168,635,827.73 in the previous year[14]. - The company's total operating costs were CNY 2,634,183,691.65, down from CNY 2,650,778,240.37, indicating a cost reduction strategy[13]. - Other comprehensive income after tax was CNY -89,404.94, compared to CNY 13,968.35 in Q3 2023, reflecting a negative shift in comprehensive income[14]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,153,806,408.97, representing a decrease of 2.66% from the end of the previous year[2]. - Total assets decreased to CNY 7,153,806,408.97 from CNY 7,349,081,335.53, reflecting a decline of approximately 2.66%[12]. - The total current assets amount to ¥3,925,716,983.61, down from ¥4,014,048,564.01, reflecting a decrease of approximately 2.2%[10]. - Total liabilities decreased to CNY 3,659,125,785.79 from CNY 3,821,833,000.42, a reduction of about 4.25%[12]. - The company’s total liabilities increased significantly, with current liabilities rising by 425.62% to ¥201,461,431.83 due to the reclassification of long-term borrowings[5]. Cash Flow - The company reported a net cash flow from operating activities of -¥43,311,594.02, an improvement of 42.91% compared to the same period last year[6]. - The cash inflow from operating activities for the current period was CNY 2,703,611,346.96, a decrease of 2.5% compared to CNY 2,772,688,911.86 in the previous period[16]. - The net cash flow from operating activities was -CNY 43,311,594.02, an improvement from -CNY 75,862,188.38 in the previous period[16]. - The cash inflow from financing activities was CNY 1,587,570,880.19, slightly up from CNY 1,568,720,000.00 in the previous period[17]. - The net cash flow from financing activities was -CNY 100,875,618.82, worsening from -CNY 82,786,596.48 in the previous period[17]. - The cash outflow for operating activities was CNY 2,746,922,940.98, down from CNY 2,848,551,100.24 in the previous period[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 95,163[7]. - The largest shareholder, Jiang Wei, holds 17.55% of the shares, totaling 245,346,284 shares, with 184,009,713 shares pledged[7]. - The company has a repurchase account holding 32,588,712 shares, accounting for 2.33% of total shares, not included in the top 10 shareholders[8]. - The company reported a total of 32,588,712 shares held in the repurchase account, which is not included in the top 10 shareholders list[8]. Investments and Expenditures - The company’s investment income showed a significant decline of 330.35%, amounting to -¥32,533,375.90, primarily due to increased losses from joint ventures[5]. - The company has ongoing development expenditures of ¥175,140,430.66, up from ¥161,868,563.17, an increase of about 8.3%[10]. - The cash outflow for investing activities was CNY 97,291,895.71, a decrease from CNY 248,546,191.02 in the previous period[16]. - The cash inflow from investment activities was CNY 9,212,419.53, significantly lower than CNY 159,568,913.58 in the previous period[16]. Other Income - The company received government subsidies amounting to ¥12,407,471.02 during the reporting period, contributing to a total of ¥46,568,891.53 for the year-to-date[3]. - The company’s other income increased by 57.45% to ¥46,568,891.53, mainly from increased tax refunds received[5].