JCCL(600362)2024-10-29 09:03Revenue and Profit - Revenue for Q3 2024 was CNY 123.27 billion, a decrease of 6.63% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 1.37 billion, down 13.64% year-on-year[2] - Net profit excluding non-recurring gains and losses for Q3 2024 was CNY 981.36 million, a decline of 31.67% compared to the previous year[2] - Total operating revenue for the first three quarters of 2024 was CNY 396.37 billion, a slight decrease of 0.3% compared to CNY 399.56 billion in the same period of 2023[15] - Net profit for the first three quarters of 2024 reached CNY 5.45 billion, compared to CNY 5.35 billion in the same period of 2023, indicating a growth of 1.9%[16] - The company reported a comprehensive income total of CNY 11.10 billion for the first three quarters of 2024, compared to CNY 9.05 billion in 2023, marking a growth of 22.6%[17] Earnings Per Share - Basic earnings per share for Q3 2024 was CNY 0.40, a decrease of 13.89% year-on-year[3] - The basic earnings per share for the first three quarters of 2024 was CNY 1.44, slightly up from CNY 1.43 in the same period of 2023[17] Cash Flow - Cash flow from operating activities for the year-to-date period decreased by 93.98%, totaling CNY 495.43 million[2] - In the first three quarters of 2024, the cash inflow from operating activities was CNY 465.36 billion, a decrease of 1.05% compared to CNY 471.60 billion in the same period of 2023[18] - The net cash flow from operating activities for the first three quarters of 2024 was CNY 495.43 million, significantly down from CNY 8.23 billion in the first three quarters of 2023[20] - Cash inflow from investment activities increased to CNY 13.48 billion in 2024 from CNY 9.24 billion in 2023, marking a growth of 46.67%[20] - The net cash flow from investment activities was -CNY 13.73 billion in 2024, an improvement from -CNY 16.43 billion in 2023[20] - Cash inflow from financing activities rose to CNY 103.15 billion in 2024, up from CNY 88.12 billion in 2023, reflecting a growth of 17.03%[21] - The net cash flow from financing activities decreased to CNY 11.47 billion in 2024 from CNY 17.17 billion in 2023[21] - The ending balance of cash and cash equivalents was CNY 17.87 billion in 2024, down from CNY 23.94 billion in 2023, indicating a decrease of 25.23%[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 202.91 billion, an increase of 20.67% compared to the end of the previous year[3] - The company's current assets amounted to CNY 130.14 billion, up from CNY 102.02 billion, indicating a growth of about 27.6% year-over-year[12] - The total liabilities increased to CNY 130.14 billion, compared to CNY 102.02 billion, indicating a growth of approximately 27.6%[12] - The total liabilities as of the end of Q3 2024 amounted to CNY 117.06 billion, an increase of 28.1% from CNY 91.40 billion at the end of Q3 2023[14] - The company's total current liabilities increased to CNY 96.25 billion, up from CNY 70.30 billion in the previous year, indicating a rise of 37.0%[14] Shareholder Equity - Shareholders' equity attributable to shareholders at the end of the reporting period was CNY 75.90 billion, up 12.57% year-on-year[3] - The total equity attributable to shareholders of the parent company was CNY 75.90 billion, up from CNY 67.42 billion in the previous year, reflecting an increase of 12.8%[14] Expenses - Research and development expenses increased to CNY 900.98 million in 2024, up from CNY 649.95 million in 2023, representing a rise of 38.5%[15] - The company’s financial expenses rose significantly to CNY 732.09 million in 2024, compared to CNY 433.04 million in 2023, an increase of 69.2%[15] - The company paid CNY 4.36 billion to employees in the first three quarters of 2024, compared to CNY 4.15 billion in the same period of 2023, representing an increase of 5.19%[20] - Tax payments amounted to CNY 5.99 billion in 2024, slightly up from CNY 5.84 billion in 2023, showing an increase of 2.66%[20] Inventory and Borrowings - Inventory levels rose to CNY 44.94 billion, compared to CNY 40.54 billion, marking an increase of about 10.5%[12] - Short-term borrowings surged to CNY 55.69 billion, up from CNY 36.06 billion, which is an increase of approximately 54.5%[12]