Chunlan(SH:600854)2024-10-29 08:51Financial Performance - The company's operating revenue for Q3 2024 was ¥30,911,464.76, representing an increase of 18.59% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥14,113,484.94, a decrease of 86.13% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥8,813,978.20, down 91.18% compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.0272, a decrease of 86.11% compared to the same period last year[2] - The diluted earnings per share for Q3 2024 was also ¥0.0272, reflecting the same percentage decrease[2] - The weighted average return on equity for Q3 2024 was 0.5957%, a decrease of 3.8577 percentage points year-on-year[2] - Total operating revenue for the first three quarters of 2024 was CNY 75,269,478.87, a decrease of 49.1% compared to CNY 147,789,947.96 in the same period of 2023[17] - Net profit for the first three quarters of 2024 was CNY 135,966,586.69, a decrease of 3.8% compared to CNY 140,149,127.44 in the same period of 2023[18] - The total comprehensive income for the first three quarters of 2024 was CNY 113,937,122.13, down 28.1% from CNY 158,459,270.07 in the same period of 2023[18] Cash Flow and Assets - The net cash flow from operating activities for Q3 2024 was ¥38,867,331.24, an increase of 260.60% year-on-year[2] - The company's total current assets as of September 30, 2024, amounted to approximately RMB 1.33 billion, an increase from RMB 1.27 billion at the end of 2023[12] - Cash and cash equivalents increased to RMB 1,116,521,518.37 from RMB 1,058,809,045.33[12] - The company's cash and cash equivalents decreased to CNY 150,245,633.34 from CNY 158,188,038.52 year-over-year, a decline of 5.9%[16] - The ending balance of cash and cash equivalents as of Q3 2024 was CNY 1,070,744,295.78, up from CNY 952,050,385.52 in the same period last year[20] - Total cash inflow from operating activities for the first three quarters of 2024 was CNY 119,407,923.27, an increase of 17.9% compared to CNY 101,313,005.15 in the same period of 2023[19] - Net cash flow from operating activities turned positive at CNY 54,762,873.38, compared to a negative CNY 25,702,774.50 in the previous year[19] - Cash inflow from investment activities was CNY 91,465,004.32, up 61.4% from CNY 56,662,354.02 in the same period last year[20] - Net cash flow from investment activities reached CNY 83,528,236.25, significantly higher than CNY 56,461,318.14 in Q3 2023[20] - Cash outflow for financing activities was CNY 78,659,522.70, compared to CNY 70,249,970.77 in the previous year, indicating an increase in financing costs[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 31,196[10] - The largest shareholder, Chunan Group, holds 131,630,912 shares, representing 25.34% of total shares[10] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥2,415,218,328.13, reflecting a 0.83% increase from the end of the previous year[4] - The company's total liabilities decreased to CNY 177,565,254.55 from CNY 193,381,002.71 year-over-year, reflecting a reduction of 8.2%[16] - The total equity attributable to shareholders increased to CNY 2,383,243,438.57, up 1.7% from CNY 2,343,559,357.15 in the previous year[16] - The total assets of the company as of September 30, 2024, were RMB 2,415,218,328.13, compared to RMB 2,395,415,369.14 at the end of 2023[14] - The company reported a decrease in inventory from RMB 194,821,446.18 to RMB 175,002,526.96[14] - The total non-current assets decreased to RMB 1,085,126,270.84 from RMB 1,127,006,031.92[14] Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 963,393.64, an increase of 69.5% compared to CNY 567,372.75 in the same period of 2023[17] Other Information - The company reported a significant decrease in operating income and costs, primarily due to reduced housing sales[7] - The company has not disclosed any significant new strategies or product developments during the reporting period[11] - There were no changes in the shareholding structure of the top ten shareholders due to margin trading activities[11] - The company reported no net profit from merged entities during the current and previous periods[19] - The company is not applying new accounting standards for the current reporting period[20]