GINWA(SH:600080)2024-10-29 08:38Financial Performance - The company's operating revenue for Q3 2024 was ¥172,965,736.96, representing a year-on-year increase of 17.32%[2] - Net profit attributable to shareholders for Q3 2024 was ¥21,307,271.49, a significant increase of 6,028.76% 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 ¥7,337,339.52, up by 181.78% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.0579, reflecting a year-on-year increase of 6,003.93%[2] - Net profit attributable to shareholders for the year-to-date period was ¥30,770,165.28, showing an increase of 807.59% compared to the same period last year[2] - Total operating revenue for the first three quarters of 2024 reached ¥418,931,219.77, an increase of 4.3% compared to ¥402,805,031.75 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was ¥30,770,165.28, significantly up from ¥3,390,298.30 in 2023, marking an increase of 807.4%[16] - Basic earnings per share for the first three quarters of 2024 were ¥0.0840, compared to ¥0.0091 in 2023, reflecting an increase of 823.1%[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,859,779,651.33, a decrease of 11.80% compared to the end of the previous year[3] - As of September 30, 2024, the company's total assets amounted to approximately CNY 1.86 billion, a decrease from CNY 2.11 billion at the end of 2023, reflecting a decline of about 11.7%[11] - The company's cash and cash equivalents decreased significantly to CNY 260.92 million from CNY 620.45 million, representing a decline of approximately 58.1%[11] - Total current liabilities decreased to CNY 321.63 million from CNY 446.91 million, a reduction of about 28.1%[12] - The company's non-current liabilities decreased to CNY 18.45 million from CNY 23.22 million, a decline of approximately 20.1%[13] - The total equity attributable to shareholders decreased to CNY 1.52 billion from CNY 1.64 billion, reflecting a decrease of about 7.3%[13] Cash Flow - The company reported a net cash flow from operating activities of ¥22,340,708.43 for Q3 2024, a slight decrease of 0.45%[2] - The net cash flow from operating activities for the first three quarters of 2024 was -¥758,663.64, an improvement from -¥11,949,314.66 in 2023[17] - Cash outflow from investment activities totaled ¥854,957,088.85, a decrease from ¥1,495,491,250.16 in the previous period, resulting in a net cash flow from investment activities of -¥246,291,188.28 compared to -¥48,514,725.24[18] - Cash inflow from financing activities was ¥298,258,736.45, up from ¥175,405,390.44, while cash outflow from financing activities increased to ¥414,323,983.23 from ¥108,039,180.24, leading to a net cash flow from financing activities of -¥116,065,246.78 compared to ¥67,366,210.20[18] - The net increase in cash and cash equivalents was -¥363,115,098.70, contrasting with an increase of ¥6,902,170.30 in the previous period[18] - The ending balance of cash and cash equivalents was ¥256,617,682.97, down from ¥439,540,865.47[18] - The company reported a significant cash payment of ¥665,068,253.54 related to investment activities, compared to ¥1,313,316,947.02 in the previous period[18] Other Financial Metrics - The weighted average return on equity for Q3 2024 was 1.35%, an increase of 1.32 percentage points year-on-year[3] - Non-recurring gains for the current period totaled ¥13,969,931.97, with government subsidies contributing ¥3,462,487.62[5] - Research and development expenses increased to ¥20,283,032.38 in 2024, up from ¥8,860,272.09 in 2023, reflecting a growth of 128.5%[15] - Operating profit for the first three quarters of 2024 was ¥32,854,192.90, compared to ¥20,556,716.00 in 2023, representing a growth of 59.7%[15] - Total costs for the first three quarters of 2024 were ¥402,086,823.47, slightly up from ¥399,583,076.61 in 2023, indicating a marginal increase of 0.4%[15] - The company reported a significant increase in investment income, which rose to ¥31,783,964.82 in 2024 from ¥17,745,088.26 in 2023, an increase of 79.3%[15] - The company recorded a decrease in tax expenses to ¥1,687,076.42 in 2024 from -¥1,454,264.77 in 2023, indicating a positive shift in tax liabilities[16] - Other income increased significantly to ¥4,378,019.03 in 2024 from ¥222,350.42 in 2023, marking a growth of 1,967.5%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,641[8] - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending activities[10] - The company has not identified any significant changes in its operational situation during the reporting period[10] Accounting Standards - The company has adopted new accounting standards starting in 2024, which may impact future financial reporting[19]