XfmGroup(SH:603225)2024-10-28 08:49Financial Performance - The company's operating revenue for Q3 2024 was ¥17,924,242,400.87, representing an increase of 11.91% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥140,919,663.04, a decrease of 65.41% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥98,170,076.80, down 73.41% from the previous year[2]. - Basic earnings per share for Q3 2024 were ¥0.10, reflecting a decline of 62.96% compared to the same period last year[4]. - Net profit for the first three quarters of 2024 was ¥745.52 million, a decrease of 16% from ¥886.68 million in the same period of 2023[16]. - The total comprehensive income attributable to the parent company was CNY 744,216,054.94, compared to CNY 888,958,126.44 in the same period last year[17]. Assets and Liabilities - The total assets at the end of the reporting period were ¥53,364,058,276.21, an increase of 18.22% from the end of the previous year[4]. - Total assets increased to ¥53.36 billion in Q3 2024, up from ¥45.14 billion in Q3 2023, representing a growth of 18.2%[13]. - Total liabilities rose to ¥36.46 billion in Q3 2024, compared to ¥28.34 billion in Q3 2023, marking an increase of 28.8%[13]. - The company's total non-current assets reached ¥34.67 billion, up from ¥30.59 billion in the previous year, reflecting a growth of 13.5%[12]. - The total equity attributable to shareholders increased to ¥16.90 billion in Q3 2024, compared to ¥16.80 billion in Q3 2023, showing a slight increase of 0.6%[13]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥4,084,311,359.98, showing a significant increase of 572.11%[2]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY 4,084,311,359.98, a significant increase compared to CNY 607,681,766.32 in the same period of 2023[18]. - Total revenue from sales of goods and services received in cash reached CNY 55,698,173,556.86, up from CNY 47,481,162,771.48 year-on-year[18]. - The total cash and cash equivalents at the end of the period amounted to CNY 8,828,495,475.45, an increase from CNY 7,345,818,391.43 at the end of the previous year[19]. - Cash flow from financing activities generated a net inflow of CNY 3,341,945,670.33, slightly down from CNY 3,732,380,363.96 in the same period last year[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 26,172[9]. - The largest shareholder, Zhuang Kuilong, holds 337,521,813 shares, accounting for 22.14% of the total shares[9]. - The company has a repurchase account holding 42,157,691 shares, representing 2.76% of the total share capital[10]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the top three alone accounting for over 47%[9]. Operational Insights - The company reported a decrease in net profit primarily due to reduced product price differences compared to the previous year[7]. - The company experienced a significant increase in cash received from sales, contributing to improved cash flow for the year-to-date[8]. - The company is actively involved in market expansion and new product development, although specific details were not disclosed in the report[10]. - Research and development expenses for the first three quarters of 2024 amounted to ¥919.26 million, compared to ¥881.04 million in 2023, indicating an increase of 4.3%[16]. Inventory and Investments - Inventory stood at ¥4.91 billion, compared to ¥4.31 billion in the previous year, indicating a growth of 14.1%[11]. - Long-term equity investments increased to ¥414.96 million from ¥374.40 million, reflecting a growth of 10.5%[11]. - The company's fixed assets decreased to ¥23.89 billion from ¥25.02 billion, a decline of 4.5%[11]. - The deferred income tax assets rose to ¥380.70 million in Q3 2024, compared to ¥335.28 million in Q3 2023, indicating an increase of 13.5%[12].