JUNZHENG(SH:601216)2024-10-29 08:06Financial Performance - The company's operating revenue for Q3 2024 reached ¥6,732,789,059.15, an increase of 54.97% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥725,806,154.15, reflecting an 11.44% increase year-on-year[2]. - Total operating revenue for the first three quarters of 2024 reached ¥18,391,173,430.95, an increase of 30.4% compared to ¥14,144,843,996.78 in the same period of 2023[22]. - Total operating costs for the first three quarters of 2024 were ¥16,334,764,127.89, up from ¥12,049,657,196.93 in 2023, reflecting a 35.8% increase[22]. - Operating profit for the first three quarters of 2024 was ¥2,652,411,529.43, compared to ¥2,507,882,982.91 in 2023, indicating a growth of 5.8%[23]. - The total profit for the period was approximately CNY 2.58 billion, an increase from CNY 2.51 billion in the previous year, reflecting a growth of about 2.8%[25]. - Net profit attributable to shareholders of the parent company reached CNY 2.24 billion, up from CNY 2.18 billion, indicating a year-on-year increase of approximately 2.9%[25]. - The comprehensive income attributable to the parent company's owners was CNY 2.16 billion, compared to CNY 2.33 billion in the previous year, showing a decrease of about 7.1%[26]. - The company reported a basic and diluted earnings per share of CNY 0.2654, compared to CNY 0.2579 in the previous year, representing an increase of approximately 2.9%[26]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥43,301,238,325.60, representing a 7.78% increase from the end of the previous year[3]. - Total assets as of the end of the reporting period amounted to ¥43,301,238,325.60, up from ¥40,174,267,790.84 in the previous year, an increase of 5.3%[20]. - Total liabilities increased to ¥16,122,504,432.28 from ¥12,555,900,384.24, reflecting a rise of 28.5%[20]. - The company's equity attributable to shareholders decreased to ¥26,443,112,970.04 from ¥26,934,400,139.31, a decline of 1.8%[20]. - The total equity attributable to shareholders decreased by 1.82% to ¥26,443,112,970.04 compared to the end of the previous year[3]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥1,296,448,073.69, showing a significant increase of 46.85% compared to the same period last year[2]. - Cash flow from operating activities for the first three quarters was CNY 15.82 billion, significantly higher than CNY 11.82 billion in the same period last year, marking an increase of approximately 33.0%[28]. - Cash flow from investment activities showed a net outflow of CNY 1.97 billion, contrasting with a net inflow of CNY 1.91 billion in the previous year, indicating a shift in investment strategy[30]. - Cash flow from financing activities generated a net inflow of CNY 913 million, a recovery from a net outflow of CNY 1.98 billion in the previous year, reflecting improved financing conditions[30]. - The total cash and cash equivalents at the end of the period amounted to CNY 4.24 billion, down from CNY 5.26 billion at the end of the previous year, indicating a decrease of about 19.5%[30]. Shareholder Information - The company has a total of 174,161 shareholders at the end of the reporting period, with the largest shareholder holding 31.95% of the shares[9]. - The total number of shares held by the top ten shareholders includes 2,695,680,000 shares held by Du Jiangtao, representing 32.4% of total shares[11]. - The company reported a total of 1,806,566,400 shares held by Ulaanbaatar Junzheng Technology Industry Group, which is a significant shareholder[12]. Project Developments - The company completed the construction of several projects, including a 300,000 tons/year BDO project and a 120,000 tons/year PTMEG project, contributing to the revenue growth[8]. - The company has completed the construction of its 300,000 tons/year BDO project and 120,000 tons/year PTMEG project, both of which have entered trial production[14]. - The 450MW photovoltaic power generation project has reached 95% completion, with some circuits already connected to the grid, and is expected to be fully completed by the end of the year[14]. - The company has initiated several new projects in the green low-carbon biodegradable plastic recycling industry, with all projects currently in trial production[14]. Research and Development - Research and development expenses increased to ¥337,680,128.79 in 2024 from ¥283,203,643.58 in 2023, marking a rise of 19.2%[22]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[21]. - The company's total liabilities and equity will be further assessed in the upcoming financial reports to provide insights into future financial health and operational strategies[17].