JJE(SH:688280)2024-10-29 08:13Financial Performance - The company's operating revenue for Q3 2024 was ¥340,643,972.88, representing a year-on-year increase of 46.17%[2] - The net profit attributable to shareholders was -¥101,502,386.32, a decrease of 0.55% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥118,934,838.30, an increase of 4.98% year-on-year[2] - Total operating revenue for the first three quarters of 2024 reached CNY 919,092,612.48, a significant increase from CNY 623,062,091.74 in the same period of 2023, representing a growth of approximately 47.6%[18] - Operating profit for the first three quarters of 2024 was reported at a loss of CNY 382,191,996.69, compared to a loss of CNY 327,503,103.43 in the same period last year[19] - The net profit for Q3 2024 was -386,422,297.56 CNY, compared to -333,026,174.26 CNY in Q3 2023, indicating a year-over-year increase in net loss of approximately 16%[20] - The total comprehensive income for Q3 2024 was -385,108,720.98 CNY, compared to -331,283,324.11 CNY in the same period last year, reflecting a decline of about 16.2%[20] - Basic and diluted earnings per share for Q3 2024 were both -0.65 CNY, compared to -0.56 CNY in Q3 2023, representing a decrease of approximately 16.1%[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,626,939,157.58, an increase of 2.79% from the end of the previous year[3] - The company's total assets as of the end of the third quarter of 2024 were CNY 2,626,939,157.58, compared to CNY 2,555,603,770.57 at the end of the same quarter in 2023, reflecting an increase of approximately 2.8%[17] - Total liabilities increased to CNY 1,995,499,777.82 in the third quarter of 2024, up from CNY 1,540,614,038.15 in the previous year, marking a rise of about 29.5%[17] - Non-current liabilities totaled CNY 546,264,813.75, compared to CNY 375,826,552.03 in the same period last year, representing an increase of approximately 45.4%[17] - The total equity attributable to shareholders decreased to CNY 631,439,379.76 from CNY 1,014,989,732.42, indicating a decline of approximately 37.7%[17] - The equity attributable to shareholders decreased by 37.79% compared to the end of the previous year, primarily due to cumulative losses in the first three quarters[9] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥12,408,786.09, showing a significant improvement of 104.90% year-on-year[2] - Cash flow from operating activities for the first three quarters of 2024 was 12,408,786.09 CNY, a significant improvement from -253,213,229.81 CNY in the same period last year[22] - Cash inflow from operating activities totaled 985,237,025.67 CNY, up from 620,197,712.39 CNY in the previous year, marking an increase of approximately 59%[22] - Cash outflow from operating activities was 972,828,239.58 CNY, compared to 873,410,942.20 CNY in the same period last year, indicating an increase of about 11.4%[22] - The net cash flow from investing activities was -228,144,947.23 CNY, compared to -156,430,023.31 CNY in the previous year, reflecting a worsening of approximately 45.8%[24] - Cash flow from financing activities showed a net increase of 46,917,484.46 CNY, contrasting with a net outflow of -20,801,750.20 CNY in the same period last year[24] - The ending cash and cash equivalents balance was 50,480,190.27 CNY, down from 410,182,071.60 at the end of Q3 2023, indicating a decrease of approximately 87.7%[24] Research and Development - The total R&D investment for Q3 2024 was ¥32,963,328.29, a decrease of 40.17% compared to the same period last year[3] - The R&D investment accounted for 9.68% of operating revenue, down 13.96 percentage points year-on-year[3] - Research and development expenses for the first three quarters of 2024 were CNY 86,283,847.92, down from CNY 144,543,597.62 in the same period of 2023, showing a reduction of approximately 40.3%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period was 12,416[10] - The largest shareholder, Heze Beixiang New Energy Technology Co., held 69,677,522 shares, representing 11.81% of total shares[10] - The second-largest shareholder, Noble Ray International Limited, held 60,263,177 shares, accounting for 10.21%[10] Other Information - The company has no significant changes in shareholder participation in margin trading or securities lending[12] - The company has not disclosed any new product or technology developments in the current report[14] - There are no significant mergers or acquisitions reported during the period[14] - The company reported a tax expense of 8,196,839.96 CNY for Q3 2024, compared to 4,804,362.55 CNY in Q3 2023, representing an increase of about 70.5%[20] - Accounts receivable increased to 381,633,131.14 RMB from 301,310,659.66 RMB year-over-year[15] - Inventory as of September 30, 2024, was reported at 686,875,251.24 RMB, compared to 633,099,246.94 RMB previously[15] - The company reported a total current asset of 1,316,233,974.07 RMB, down from 1,434,566,290.66 RMB[15]