JLSG(SH:600189)2024-10-28 09:37Financial Performance - The company's operating revenue for Q3 2024 was ¥298,577,155.15, a decrease of 3.89% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥741,035.47, down 42.07% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥4,920,974.37, with a year-to-date decrease of 143.65%[4]. - The basic earnings per share for Q3 2024 was ¥0.0010, a decline of 44.44% compared to the previous year[3]. - The net profit attributable to shareholders for the year-to-date was ¥21,418,500.35, down 42.99% compared to the same period last year[2]. - Total operating revenue for the first three quarters of 2024 was CNY 899,047,565.69, a decrease of 4.9% compared to CNY 945,988,496.97 in the same period of 2023[21]. - Net profit for the third quarter of 2024 was CNY 46,248,751.60, compared to CNY 60,868,625.33 in the same quarter of 2023, indicating a decline of 24%[24]. - Earnings per share for the third quarter of 2024 was CNY 0.03, down from CNY 0.05 in the same quarter of 2023[26]. - The net loss for the first three quarters of 2024 is CNY -33,474,008.83, compared to a net loss of CNY -2,429,043.51 in the same period of 2023[34]. - The basic and diluted earnings per share for the first three quarters of 2024 is CNY -0.0468, compared to CNY -0.0034 in the same period of 2023[34]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,475,846,250.64, an increase of 3.51% from the end of the previous year[3]. - The total liabilities as of the end of the third quarter of 2024 amounted to CNY 3,057,541,767.20, an increase from CNY 2,946,024,694.62 at the end of the third quarter of 2023[20]. - The total equity attributable to shareholders of the parent company was CNY 1,214,445,369.00, up from CNY 1,193,026,868.65 in the previous year[20]. - The total liabilities as of the end of the third quarter of 2024 amount to CNY 1,863,720,181.60, compared to CNY 1,801,923,221.52 at the end of the previous period[32]. - The total equity as of the end of the third quarter of 2024 is CNY 884,394,860.45, down from CNY 917,868,869.28 in the previous period[33]. - The total assets as of September 30, 2024, were ¥2,748,115,042.05, a slight increase from ¥2,719,792,090.80 at the end of 2023[30]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥180,700,533.49, down 22.38% year-on-year[2]. - The net cash flow from operating activities for Q3 2024 was ¥54,727,412.42, a decrease of 13.6% compared to ¥63,446,505.90 in Q3 2023[36]. - Total cash inflow from operating activities increased to ¥1,242,189,758.37, up 5.66% from ¥1,175,621,137.79 in the previous year[27]. - Cash outflow from operating activities rose to ¥1,061,489,224.88, compared to ¥942,809,389.03 in 2023, marking an increase of 12.59%[27]. - The net cash flow from investment activities was -¥241,608,901.34, worsening from -¥78,750,363.92 in the same period last year[28]. - The total cash inflow from investment activities increased to ¥327,901,740.29, up by 25.2% from ¥261,821,347.29 in the previous year[36]. - The total cash outflow from financing activities decreased to ¥454,018,811.80 from ¥627,960,722.55 in the previous year, a reduction of 27.59%[28]. - The ending balance of cash and cash equivalents was ¥199,521,679.49, compared to ¥162,393,607.31 at the end of Q3 2023[36]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,074, with the largest shareholder, China Jilin Forest Industry Group Co., Ltd., holding 216,254,080 shares, accounting for 30.24% of the total shares[8]. - The pledged shares by the largest shareholder amount to 52,000,000, representing 24.05% of their total holdings and 7.27% of the company's total equity[10]. - Shareholder Zhao Zhihua holds 42,246,094 shares, which is 5.91% of the total shares, with 25,600,000 shares pledged, accounting for 60.60% of his holdings[10]. - The top ten shareholders collectively hold 30.93% of the company's shares, with the largest shareholder and its affiliates holding a significant portion[9]. - Zhao Zhihua and his associates have reduced their holdings by 418,511 shares during the designated reduction period[10]. Operational Highlights - The company attributed the decline in net profit to a significant downturn in the real estate market affecting its home furnishing business[6]. - The company plans to publicly transfer 37% of its equity in a subsidiary, with a minimum transfer price set at 33.966 million RMB[13]. - The company has undergone amendments to its articles of association in compliance with new regulations effective from July 1, 2024[11]. - The company’s financial advisor has changed, with Zhao Zhongjie replacing Shen Mingjie due to work adjustments[12]. - The "Changbai Mountain Tianquan 200,000 tons of carbonated mineral water production" project has completed the first phase and exceeded the production capacity target[15]. - The company has completed the expected goals for the "payment of part of intermediary agency fees" project and plans to settle it soon[15]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 8,907,956.00, compared to CNY 7,532,036.04 in the same period of 2023, reflecting an increase of 18.3%[23].