雪人股份(002639) - 2024 Q3 - 季度财报

Financial Performance and Key Indicators Major Accounting Data and Financial Indicators The company's year-to-date operating revenue decreased, yet net profit attributable to shareholders and non-recurring net profit significantly increased, reflecting enhanced core business profitability Major Financial Indicators for Q3 2024 and Year-to-Date | Indicator | YTD as of Report Period End | YTD YoY Change | | :--- | :--- | :--- | | Operating Revenue (CNY) | 1,312,838,959.67 | -8.58% | | Net Profit Attributable to Shareholders (CNY) | 33,579,761.84 | 88.96% | | Net Profit Attributable to Shareholders Excluding Non-recurring Gains/Losses (CNY) | 20,464,298.91 | 156.59% | | Net Cash Flow from Operating Activities (CNY) | 103,611,222.88 | -4.78% | | Basic EPS (CNY/share) | 0.0435 | 89.13% | | Weighted Average ROE | 1.36% | 0.64% (percentage points) | | Total Assets (CNY) | 4,491,286,406.66 | -2.32% (compared to year-end last year) | | Total Equity Attributable to Shareholders (CNY) | 2,465,823,018.84 | 0.19% (compared to year-end last year) | - Despite a 8.58% year-over-year decrease in operating revenue year-to-date, net profit attributable to the parent company and non-recurring net profit achieved strong growth of 88.96% and 156.59% respectively, indicating significant improvement in the company's earnings quality and core business performance[2] Non-recurring Gains and Losses Items Year-to-date non-recurring gains and losses totaled 13.12 million CNY, primarily driven by government grants and non-current asset disposals Non-recurring Gains and Losses Items Year-to-Date as of Report Period End | Item | Amount (CNY) | | :--- | :--- | | Gains/Losses from Disposal of Non-current Assets | 3,877,433.64 | | Government Grants Recognized in Current Period P/L | 11,191,376.00 | | Other Non-operating Income/Expenses and Fair Value Changes | 2,937,186.37 | | Less: Impact of Income Tax and Minority Interests | -4,890,533.08 | | Total | 13,115,462.93 | - Government grants are the largest source of non-recurring income, reaching 11.1914 million CNY year-to-date[4] Analysis of Major Financial Indicator Changes Significant changes occurred across financial statements, with cash decreasing due to investments and repayments, while profit growth was driven by investment income and credit impairment reversals Analysis of Balance Sheet Item Changes The balance sheet shows significant asset restructuring, with cash decreasing due to investments and repayments, while inventories, development expenditures, and contract liabilities increased, and long-term payables surged - Cash and cash equivalents decreased by 45.21% from the beginning of the year, primarily used for investment payments and loan repayments[6] - Inventories increased by 32.13% from the beginning of the year, mainly due to increased contract performance costs[6] - Development expenditures increased by 30.88% from the beginning of the year, reflecting the company's continuous increase in R&D investment[6] - Contract liabilities increased by 44.71% from the beginning of the year, primarily due to increased advance receipts from contracts[6] - Long-term payables surged by 309.61% from the beginning of the year, mainly due to increased finance leases in the current period[6] Analysis of Income Statement and Cash Flow Statement Item Changes Profit growth was driven by a 991.58% increase in investment income and positive credit impairment reversals, while cash outflows from investing and financing activities significantly increased due to reduced wealth management redemptions and increased loan repayments - Investment income increased by 991.58% year-over-year, primarily due to the disposal of a subsidiary, significantly contributing to profit growth[7] - Credit impairment losses increased by 134.48% year-over-year, turning from -18.76 million CNY in the prior period to 6.47 million CNY in the current period, mainly due to the collection of accounts receivable[7] - Net cash flow from investing activities decreased by 108.02% year-over-year, with net outflow expanding, primarily due to reduced redemption of wealth management products in the current period[7] - Net cash flow from financing activities decreased by 143.31% year-over-year, with net outflow expanding, primarily due to increased bank loan repayments in the current period[7] Shareholder Information Shareholding Status As of the report period end, the company had 90,354 common shareholders, with controlling shareholder Lin Rujie holding 20.12% of shares, some of which are pledged - As of the end of the reporting period, the company had a total of 90,354 common shareholders[8] Top Ten Shareholders' Shareholding Information | Shareholder Name | Shareholding Percentage | Number of Shares Held | Pledged/Frozen Shares | | :--- | :--- | :--- | :--- | | Lin Rujie | 20.12% | 155,452,029 | 37,010,000 | | Wang Airui | 2.24% | 17,267,756 | 0 | | Chen Cunzhong | 1.42% | 10,980,000 | 0 | | Hong Kong Securities Clearing Company Limited | 1.25% | 9,623,093 | 0 | | Fujian Snowman Group Co., Ltd. - Fourth Phase Employee Stock Ownership Plan | 0.96% | 7,381,100 | 0 | - The company's controlling shareholder, Mr. Lin Rujie, holds 20.12% of the company's shares, of which 37.01 million shares are pledged[8] Quarterly Financial Statements Consolidated Balance Sheet As of September 30, 2024, total assets were 4.49 billion CNY, total liabilities 2.00 billion CNY, and equity attributable to parent company owners 2.47 billion CNY, indicating a stable financial position Consolidated Balance Sheet Key Items (CNY) | Item | Period-end Balance (2024-09-30) | Year-beginning Balance (2023-12-31) | | :--- | :--- | :--- | | Total Assets | 4,491,286,406.66 | 4,597,834,083.49 | | Total Current Assets | 2,494,866,069.51 | 2,567,364,973.34 | | Total Non-current Assets | 1,996,420,337.15 | 2,030,469,110.15 | | Total Liabilities | 2,000,647,529.99 | 2,125,132,451.56 | | Total Current Liabilities | 1,837,788,595.23 | 1,986,745,695.43 | | Total Non-current Liabilities | 162,858,934.76 | 138,386,756.13 | | Total Owners' Equity | 2,490,638,876.67 | 2,472,701,631.93 | | Total Equity Attributable to Parent Company Owners | 2,465,823,018.84 | 2,461,186,279.34 | Consolidated Income Statement Q1-Q3 2024 operating revenue was 1.31 billion CNY, down 8.58% YoY, but net profit attributable to parent company grew 88.96% to 33.58 million CNY due to cost control and increased investment income Consolidated Income Statement Key Items (CNY) | Item | Current Period Amount (2024 Q1-Q3) | Prior Period Amount (2023 Q1-Q3) | | :--- | :--- | :--- | | Total Operating Revenue | 1,312,838,959.67 | 1,435,974,921.34 | | Total Operating Costs | 1,295,353,281.43 | 1,407,353,310.59 | | Operating Profit | 41,922,100.66 | 22,251,025.78 | | Total Profit | 43,910,180.19 | 22,445,331.87 | | Net Profit | 31,423,854.27 | 16,115,628.21 | | Net Profit Attributable to Parent Company Shareholders | 33,579,761.84 | 17,770,915.57 | Consolidated Cash Flow Statement Q1-Q3 2024 net cash flow from operating activities was 104 million CNY, while investing and financing activities saw significant net outflows, leading to a 210 million CNY net decrease in cash and cash equivalents Consolidated Cash Flow Statement Key Items (CNY) | Item | Current Period Amount (2024 Q1-Q3) | Prior Period Amount (2023 Q1-Q3) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 103,611,222.88 | 108,817,530.20 | | Net Cash Flow from Investing Activities | -82,342,632.56 | -39,584,721.15 | | Net Cash Flow from Financing Activities | -232,975,779.86 | -95,751,870.46 | | Net Increase in Cash and Cash Equivalents | -209,814,720.34 | -24,471,628.85 | Other Significant Matters and Audit Information Other Significant Matters The company had no other significant matters requiring disclosure during the reporting period - The company has no other significant matters to disclose in this reporting period[10] Audit Information This quarterly financial report is unaudited - The company's Q3 2024 report is unaudited[17]