Jinma Rides(300756)2024-10-28 07:53Financial Performance - The company's revenue for Q3 2024 was ¥147,155,901.75, a decrease of 35.84% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥1,068,032.93, down 95.86% year-on-year, while the year-to-date net profit was ¥16,246,748.37, a decline of 82.97%[2]. - The company reported a basic earnings per share of ¥0.01, down 94.12% from the same period last year[2]. - The net profit for Q3 2024 was CNY 13,228,958.35, a decrease from CNY 93,718,489.04 in the same period last year, representing a decline of approximately 85.9%[16]. - The total comprehensive income for the period was CNY 13,228,958.35, compared to CNY 93,718,489.04 in the same quarter last year, reflecting a decrease of approximately 85.9%[17]. - The total operating profit for the period was CNY 14,862,477.85, a decrease from CNY 96,293,657.21 in Q3 2023, indicating a decline of approximately 84.6%[16]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥188,936,635.01, showing a significant increase of 53,861.64% compared to the previous year[8]. - The cash flow from operating activities showed a net inflow of CNY 188,936,635.01, a significant improvement from a net outflow of CNY 351,433.94 in the previous year[20]. - The cash flow from investing activities for the year-to-date was ¥27,498,204.70, an increase of 110.18% compared to the previous year[8]. - Investment activities generated a net cash inflow of CNY 27,498,204.70, a recovery from a net outflow of CNY 270,001,616.12 in Q3 2023[20]. - The company recorded a net cash outflow from financing activities of CNY 20,073,677.66, compared to a net inflow of CNY 266,269,282.62 in the previous year[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,259,625,377.23, reflecting a growth of 7.07% from the end of the previous year[2]. - The total assets of the company reached RMB 2,259,625,377.23, up 7.1% from RMB 2,110,416,445.81 at the beginning of the period[14]. - The company’s short-term borrowings and current liabilities increased, with current liabilities totaling RMB 769,130,350.25, up from RMB 626,702,240.13[13]. - Cash and cash equivalents at the end of Q3 2024 amounted to RMB 815,193,885.03, an increase of 32.7% from RMB 614,262,000.27 at the beginning of the period[11]. - Cash and cash equivalents at the end of the period amounted to CNY 803,313,084.99, an increase from CNY 583,581,439.82 at the end of Q3 2023[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,689[9]. - The company’s total equity amounted to RMB 1,408,021,591.21, a slight decrease from RMB 1,409,827,505.24 in the previous period[14]. Operational Metrics - Total operating revenue for Q3 2024 was RMB 460,053,505.84, a decrease of 31.3% compared to RMB 669,890,519.73 in the same period last year[15]. - Total operating costs for Q3 2024 were RMB 435,962,532.11, down 21% from RMB 551,380,566.83 year-on-year[15]. - Inventory decreased to RMB 272,504,238.07, down 22.6% from RMB 352,097,527.94 at the beginning of the period[12]. - Non-current assets totaled RMB 804,248,190.84, an increase of 19.6% from RMB 672,034,697.12 at the beginning of the period[12]. - Research and development expenses for Q3 2024 were RMB 19,222,055.59, a decrease of 14.5% compared to RMB 22,385,351.76 in the same period last year[15]. Government Support - The company received government subsidies amounting to ¥587,466.00 during the reporting period[3]. Return on Equity - The weighted average return on equity was 0.08%, down 1.85% year-on-year[2]. - The company reported interest income of CNY 5,243,209.00, an increase from CNY 3,382,271.66 in the same quarter last year[16].