Jangho(SH:601886)2024-10-28 11:05Financial Performance - The company's operating revenue for the third quarter reached ¥5,501,943,672.80, representing a year-on-year increase of 4.47%[2] - The net profit attributable to shareholders of the listed company was ¥110,589,314.12, reflecting a year-on-year increase of 3.94%[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 63.26% to ¥46,195,529.04, primarily due to an increase in credit impairment losses[7] - The net profit for Q3 2024 was CNY 530,164,296.70, an increase from CNY 470,563,094.13 in Q3 2023, representing a growth of approximately 12.5%[16] - The operating profit for Q3 2024 was CNY 629,303,823.20, up from CNY 541,131,932.33 in Q3 2023, reflecting a growth of approximately 16.2%[16] - The total profit for Q3 2024 was CNY 625,251,161.85, compared to CNY 537,637,288.86 in Q3 2023, representing an increase of about 16.3%[16] - The basic earnings per share for Q3 2024 was CNY 0.38, compared to CNY 0.35 in Q3 2023, marking an increase of approximately 8.6%[17] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥28,755,301,287.44, a slight increase of 0.17% compared to the end of the previous year[4] - The company's total assets amounted to CNY 28,755,301,287.44, slightly up from CNY 28,705,968,853.81 in the previous year[14] - Current liabilities totaled CNY 19,194,607,168.05, a decrease from CNY 19,307,707,777.81 in the previous year[13] - The company's equity attributable to shareholders increased to ¥7,101,017,428.60, up by 0.45% from the previous year[4] - The total equity attributable to shareholders increased to CNY 7,101,017,428.60 from CNY 7,069,370,367.65, reflecting a growth of approximately 0.45%[13] Cash Flow - The net cash flow from operating activities for the year-to-date was reported as -¥185,743,257.60, indicating a significant change from the previous period[2] - The cash flow from operating activities for the first nine months of 2024 showed a net outflow of CNY -185,743,257.60, an improvement compared to CNY -1,212,308,942.10 in the same period of 2023[19] - The cash flow from financing activities for the first nine months of 2024 showed a net outflow of CNY -228,487,821.13, compared to a net inflow of CNY 257,126,327.30 in the same period of 2023[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 22,526, with the largest shareholder, Beijing Jianghe Source Holdings Co., Ltd., holding 27.86% of shares[8] - The top three shareholders collectively hold 67.17% of the company's shares, indicating a high concentration of ownership[9] Government Support and Non-Recurring Items - Government subsidies recognized in the current period amounted to ¥6,935,699.24, contributing positively to the financial results[5] - The company reported a total of ¥64,393,785.08 in non-recurring gains and losses for the year-to-date, with significant contributions from fair value changes of financial assets[6] Market Strategy and Future Outlook - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[2] - The company has not provided any specific guidance for future performance or market expansion strategies in this report[10] Inventory and Receivables - Accounts receivable increased from approximately CNY 12.25 billion at the end of 2023 to CNY 12.68 billion, reflecting a growth of about 3.5%[11] - The company's inventory decreased slightly from approximately CNY 1.05 billion to CNY 1.04 billion, indicating a reduction of about 1.1%[11] Borrowings and Financial Assets - The company reported a significant increase in trading financial assets from approximately CNY 321.73 million to CNY 354.72 million, marking an increase of about 10.2%[11] - The company reported a significant increase in short-term borrowings, totaling CNY 1,439,106,212.77, down from CNY 1,491,436,049.05[13] - The company’s long-term borrowings rose to CNY 627,438,595.54 from CNY 558,826,835.77, showing an increase of approximately 12.29%[13] Credit Quality - The company reported a decrease in credit impairment losses from CNY -146,114,055.27 in Q3 2023 to CNY -130,887,514.46 in Q3 2024, indicating improved credit quality[16]