HCLC(SZ:002344)2024-10-25 10:58Financial Performance - The company's operating revenue for Q3 2024 was ¥238,290,580.81, an increase of 3.61% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥12,822,456.47, a decrease of 47.83% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,482,432.89, down 9.91% from the previous year[2]. - Total operating revenue for Q3 2024 was CNY 754,575,091.24, a decrease of 8.7% compared to CNY 826,861,763.54 in Q3 2023[16]. - Operating income for the same period was CNY 708,174,097.67, down from CNY 777,434,409.07, reflecting a decline of 8.9% year-over-year[16]. - The company's net profit for the period was CNY 83,564,024.56, a decrease from CNY 159,124,566.27 in the previous year, representing a decline of 47.5%[16]. - The net profit for Q3 2024 was CNY 107.72 million, a decrease of 36.1% compared to CNY 168.51 million in Q3 2023[17]. - The total profit for the period was CNY 146.86 million, a decrease of 38.2% from CNY 238.12 million in the same quarter last year[17]. Assets and Liabilities - The total assets as of September 30, 2024, were ¥13,209,947,305.74, reflecting a 1.90% increase from the end of the previous year[2]. - Total assets increased to CNY 13,209,947,305.74 from CNY 12,964,217,215.48, marking a growth of 1.9%[15]. - Total liabilities rose to CNY 4,562,810,536.24, compared to CNY 4,358,280,141.55, indicating an increase of 4.7%[15]. - The company's long-term receivables increased to approximately ¥1.18 billion, compared to ¥957.20 million at the beginning of the period[13]. - The company's total current assets at the end of the reporting period were approximately ¥2.84 billion, a decrease from ¥2.92 billion at the beginning of the period[13]. - The company's cash and cash equivalents were approximately ¥1.03 billion, down from ¥1.12 billion at the beginning of the period[13]. - The company's total liabilities increased, with a significant rise in borrowings to CNY 1.95 billion from CNY 1.23 billion in the previous year[20]. Cash Flow - The company reported a significant increase in cash flow from operating activities, totaling ¥272,216,551.14, up 454.26% year-to-date[2]. - The net cash flow from operating activities for the first nine months of 2024 was approximately ¥272.22 million, a significant increase of 454.26% compared to ¥49.11 million in the same period of 2023[8]. - The net cash flow from investing activities decreased by 324.53%, amounting to -¥270.83 million, primarily due to a reduction in the redemption of financial products and an increase in project expenditures compared to the previous year[8]. - The net cash flow from financing activities increased by 64.61%, reaching ¥113.03 million, mainly due to an increase in borrowings compared to the same period last year[8]. - Cash flow from operating activities showed a net increase of CNY 272.22 million, compared to CNY 49.11 million in the same period last year[19]. - The company reported a net cash outflow from investing activities of CNY 270.83 million, worsening from a net outflow of CNY 63.80 million in Q3 2023[20]. - Cash flow from financing activities resulted in a net increase of CNY 113.03 million, compared to CNY 68.67 million in the previous year[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,701, with the top ten shareholders holding significant stakes[9]. - The largest shareholder, Haining Asset Management Company, held 34.58% of the shares, totaling approximately 443.58 million shares[9]. Investments and Future Plans - The company’s long-term equity investments increased by 32.45% to ¥803,718,990.62 due to acquisitions made during the reporting period[5]. - The company’s prepayments increased by 88.76% to ¥319,824,031.33, primarily due to an increase in pre-lease contract payments[5]. - The company plans to expand its market presence and invest in new product development to drive future growth[16].