GEM-YEAR(601002)2024-10-29 08:22Financial Performance - The company's operating revenue for Q3 2024 reached ¥823,172,333.11, representing an increase of 18.71% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥108,552,126.21, with a year-to-date net profit of ¥81,473,086.26, reflecting a significant increase[2]. - Basic earnings per share for Q3 2024 was ¥0.113, up from ¥0.085 in the previous year[4]. - The weighted average return on equity for Q3 2024 was 2.61%, an increase of 2.98 percentage points year-on-year[4]. - Total operating revenue for the first three quarters of 2024 reached ¥1,727,565,772.21, an increase of 2.6% compared to ¥1,679,502,098.84 in the same period of 2023[15]. - Net profit for the first three quarters of 2024 was ¥82,586,619.51, a significant recovery from a net loss of ¥6,995,953.70 in the same period of 2023[16]. - The company achieved a net profit attributable to shareholders of ¥81,473,086.26 in the first three quarters of 2024, compared to a loss of ¥258,530.34 in the same period of 2023[16]. Cash Flow - The cash flow from operating activities for the year-to-date period increased by 122.43%, totaling ¥462,720,762.90[2]. - Cash flow from operating activities increased to ¥1,610,177,269.19 in the first three quarters of 2024, up from ¥1,329,367,564.21 in the same period of 2023, representing a growth of approximately 21.1%[18]. - Net cash flow from operating activities reached CNY 462,720,762.90, up 122.3% compared to CNY 208,025,932.25 last year[19]. - The net increase in cash and cash equivalents was CNY 237,935,528.66, significantly higher than CNY 81,783,629.12 in the previous year[20]. - The ending balance of cash and cash equivalents stood at CNY 392,087,980.35, compared to CNY 196,429,594.25 at the end of the same period last year[20]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥5,228,862,848.92, a slight increase of 0.18% from the end of the previous year[4]. - Current assets totaled approximately RMB 3.09 billion, an increase from RMB 2.96 billion at the end of 2023, reflecting a growth of about 4.6%[10]. - Total liabilities amounted to RMB 1.08 billion, up from RMB 1.05 billion, indicating an increase of about 1.1%[13]. - The equity attributable to shareholders decreased by 0.32% year-on-year, totaling ¥4,138,200,569.23[4]. - The equity attributable to shareholders decreased to RMB 4.14 billion from RMB 4.15 billion, a decline of approximately 0.03%[14]. Operational Efficiency - The company reported an increase in product sales and a decrease in inventory costs, leading to improved main business profits[6]. - Total operating costs decreased to ¥1,607,427,883.17 from ¥1,650,869,198.00, reflecting a reduction of approximately 2.6%[15]. - Research and development expenses for the first three quarters of 2024 were ¥79,229,085.06, slightly down from ¥81,012,251.12 in the same period of 2023[15]. Investment Activities - The company reported investment income of ¥4,752,796.70 for the first three quarters of 2024, compared to ¥3,918,224.83 in the same period of 2023[16]. - Cash received from investment recovery was CNY 934,460,000.00, compared to CNY 832,525,000.00 last year, indicating a positive trend in investment recovery[19]. - Net cash flow from investment activities was negative CNY 71,122,577.34, contrasting with a positive CNY 29,931,489.73 in the previous year[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 50,397[8].