XTL(SH:603022)2024-10-28 08:17Financial Performance - The company's operating revenue for Q3 2024 was ¥209,073,164.64, a decrease of 5.79% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥13,138,566.11, an increase of 6.45% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,679,206.91, reflecting a 4.56% increase compared to the previous year[2] - Basic earnings per share for Q3 2024 was ¥0.07, up 16.67% from the same quarter last year[4] - Total operating revenue for the first three quarters of 2024 reached ¥637,143,981.06, a slight increase from ¥634,912,663.64 in the same period of 2023, representing a growth of approximately 0.35%[14] - Net profit for the third quarter of 2024 was ¥34,093,638.33, up from ¥31,519,907.67 in the same quarter of 2023, reflecting an increase of approximately 8.2%[15] - Earnings per share for the third quarter of 2024 was ¥0.17, consistent with the ¥0.16 reported in the same quarter of 2023[16] - The total comprehensive income for the third quarter of 2024 was ¥36,746,876.84, compared to ¥29,619,614.18 in the same quarter of 2023, representing an increase of approximately 24.5%[16] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,102,734,235.77, representing a 6.32% increase from the end of the previous year[4] - The total assets of Shanghai Xintonglian Packaging Co., Ltd. as of September 30, 2024, amounted to CNY 1,102,734,235.77, an increase from CNY 1,037,198,140.37 at the end of 2023, reflecting a growth of approximately 6.5%[10] - Current assets totaled CNY 587,185,653.47, up from CNY 535,217,299.75, indicating an increase of about 9.7%[11] - The company's total liabilities increased to ¥310,156,962.87 in Q3 2024 from ¥265,811,414.13 in Q3 2023, marking an increase of approximately 16.7%[15] - The total equity attributable to shareholders rose to ¥788,367,713.28 in Q3 2024, compared to ¥767,297,060.92 in Q3 2023, showing an increase of about 2.6%[13] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥76,340,336.21, showing a decrease of 5.30% compared to the previous year[2] - In the first three quarters of 2024, the cash inflow from operating activities totaled RMB 713,561,797.09, an increase of 11.3% compared to RMB 640,861,645.31 in the same period of 2023[18] - The net cash flow from operating activities was RMB 76,340,336.21, a decrease of 5.8% from RMB 80,614,159.40 in the previous year[18] - Cash paid for purchasing goods and services was RMB 463,772,459.26, up 14.4% from RMB 405,278,204.11 in the prior year[18] - The total cash outflow from operating activities was RMB 637,221,460.88, representing an increase of 13.8% compared to RMB 560,247,485.91 in 2023[18] - The cash flow from investing activities showed a net outflow of RMB 62,637,177.27, worsening from a net outflow of RMB 29,260,485.08 in the previous year[19] - The net cash flow from financing activities was a negative RMB 23,424,833.07, compared to a negative RMB 12,434,432.74 in 2023, indicating increased cash outflows[20] Shareholder Information - The top shareholder, Cao Wenjie, holds 40.27% of the shares, with a total of 80,540,000 shares[8] - The second-largest shareholder, Wuhu Yuancheng Bifang Investment Center, holds 10.45% with 20,903,700 shares, but these shares are currently frozen[8] - The company has not reported any significant changes in shareholder relationships or participation in margin trading activities[9] Operational Insights - The company experienced a 100% increase in trading financial assets year-to-date due to new financial investments made in Q3[7] - Prepayments increased by 290.95% year-to-date, primarily due to new fixed asset investments[7] - Sales expenses increased by 39.22% year-to-date, attributed to higher marketing investments[7] - Research and development expenses for the first three quarters of 2024 were ¥14,887,081.68, down from ¥17,390,907.24 in the same period of 2023, indicating a decrease of approximately 14.4%[15] - The company reported a credit impairment loss of ¥-2,430,642.09 in Q3 2024, compared to ¥-1,283,262.15 in Q3 2023, reflecting a deterioration in credit quality[15] - Other comprehensive income after tax for the third quarter of 2024 was ¥2,653,238.51, a significant improvement from ¥-1,900,293.49 in the same quarter of 2023[16] - There are no significant reminders or additional important information regarding the company's operational status during the reporting period[10]