SHKK(SH:600272)2024-10-29 08:17Financial Performance - The company's operating revenue for Q3 2024 was ¥255,404,915.93, representing a year-on-year increase of 13.81%[2] - The net profit attributable to shareholders for Q3 2024 was ¥3,595,509.07, reflecting a 25.42% increase compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥2,044,627.05, a decrease of 266.92% year-on-year[2] - Total operating revenue for the first three quarters of 2024 reached RMB 744.93 million, a 21% increase from RMB 615.12 million in the same period of 2023[14] - Net profit for the first three quarters of 2024 was RMB 44.56 million, compared to RMB 18.50 million in the same period of 2023, representing a 141% increase[14] - The company’s total profit for the first three quarters was RMB 65.65 million, compared to RMB 28.24 million in the same period of 2023, indicating a 132% increase[14] Earnings and Shareholder Metrics - The basic earnings per share for the year-to-date period was ¥0.014, an increase of 27.27%[2] - The diluted earnings per share for the year-to-date period was also ¥0.014, reflecting a 27.27% increase[2] - The basic and diluted earnings per share of RMB 0.142, compared to RMB 0.081 in the same period last year, reflecting a 75% increase[14] - The weighted average return on equity for the year-to-date period increased by 2.22 percentage points to 5.68%[2] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥1,423,222,801.18, an increase of 7.27% from the end of the previous year[3] - The equity attributable to shareholders at the end of Q3 2024 was ¥618,464,981.84, up 3.80% from the previous year[3] - Total liabilities reached CNY 777,430,810.67, up from CNY 719,515,141.16, which is an increase of about 8%[13] - The company's equity attributable to shareholders increased to CNY 618,464,981.84 from CNY 595,827,343.28, showing a growth of approximately 3.5%[13] Cash Flow and Investment Activities - The total cash inflow from operating activities for the first three quarters of 2024 was CNY 711,064,242.69, an increase of 29.9% compared to CNY 547,041,686.43 in the same period of 2023[15] - The net cash flow from investment activities was CNY 25,141,768.45, a significant improvement compared to CNY -73,295,592.27 in the same period last year[15] - Cash inflow from investment activities totaled CNY 200,820,719.97, up from CNY 111,377,993.43 in the first three quarters of 2023[15] - The company received CNY 149,484,520.00 from the recovery of investments, an increase from CNY 110,000,000.00 in the previous year[15] Other Financial Metrics - Non-recurring gains and losses for Q3 2024 totaled ¥5,640,136.12, with significant contributions from non-operating income[4] - Other income decreased by 34.20% due to a reduction in government subsidies received during the reporting period[7] - Fair value gains increased by 31.72% attributed to higher returns from structured bank deposits[7] - Asset impairment losses surged by 1,771.18%, primarily due to increased inventory write-downs[7] - The company recognized a substantial gain of 23,388.12% from asset disposals, mainly from compensation for house requisition, which was not present in the previous year[7] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,866[9] - The largest shareholder, Shanghai Kaikai (Group) Co., Ltd., holds 26.51% of the shares[9] Changes in Accounting Standards - The company did not apply new accounting standards or interpretations for the first time in 2024[16]