XJJW(SH:600888)2024-10-29 09:21Revenue and Profit - Revenue for Q3 2024 reached ¥1,896,162,143.19, an increase of 17.24% year-over-year[2] - Net profit attributable to shareholders was ¥232,302,358.46, a decrease of 29.66% compared to the same period last year[2] - Basic earnings per share for the period was ¥0.1678, down 32.17% year-over-year[3] - Diluted earnings per share for the period was ¥0.1671, a decrease of 32.05% compared to the previous year[3] - Total operating revenue for the first three quarters of 2024 reached ¥5,504,533,150.73, an increase of 13.3% compared to ¥4,859,701,966.68 in the same period of 2023[15] - Net profit attributable to shareholders of the parent company for Q3 2024 was ¥872,760,693.48, down 24.4% from ¥1,152,622,209.44 in Q3 2023[16] - The net profit for the first three quarters of 2024 was ¥721,872,974.89, a decrease of 21.0% from ¥914,837,948.46 in the first three quarters of 2023[25] Assets and Liabilities - Total assets at the end of the period amounted to ¥17,105,751,317.93, reflecting a 2.31% increase from the end of the previous year[3] - As of September 30, 2024, the company's total assets amounted to approximately ¥17.11 billion, an increase from ¥16.72 billion as of December 31, 2023, reflecting a growth of about 2.3%[10] - The company's current assets totaled approximately ¥7.49 billion, up from ¥6.80 billion, indicating a growth of approximately 10.1%[12] - Total liabilities increased to approximately ¥7.49 billion from ¥6.80 billion, indicating a growth of about 10.1%[12] - The total liabilities decreased to ¥6,355,539,866.46 in Q3 2024 from ¥6,982,469,807.12 in Q3 2023, a reduction of approximately 8.9%[14] - The company's total equity increased to ¥10,750,211,451.47 in Q3 2024, up from ¥9,736,564,271.12 in Q3 2023, reflecting a growth of 10.4%[14] - The company's total liabilities decreased to ¥6,299,270,286.90 in Q3 2024 from ¥6,861,738,940.35 in Q3 2023, indicating a reduction of 8.21%[23] Cash Flow - Cash flow from operating activities for the year-to-date was ¥511,094,670.68, down 20.62% year-over-year[2] - The company's cash flow from operating activities showed a significant improvement, with net cash inflow reported at ¥946,256,764.31 for Q3 2024 compared to ¥1,152,515,356.92 in Q3 2023[17] - The net cash flow from operating activities for the first three quarters of 2024 was ¥449,031,726.09, an increase of 51.7% compared to ¥295,718,069.77 in the same period of 2023[26] - Cash inflow from financing activities totaled ¥460,000,000.00, a decrease of 69.9% compared to ¥1,530,900,000.00 in the same period last year[26] - The net cash flow from financing activities was -¥1,222,776,137.39, contrasting with a positive cash flow of ¥282,559,223.30 in the previous year[26] Competition and Market Conditions - The company faced intensified competition in the aluminum electronic materials sector, impacting profit margins[5] Shareholder Information - Shareholder structure shows that TBEA Co., Ltd. holds 35.53% of shares, making it the largest shareholder[6] Research and Development - Research and development expenses for the first three quarters of 2024 were ¥40,076,895.48, slightly up from ¥39,400,250.09 in the same period of 2023[15] - Research and development expenses for the first three quarters of 2024 were ¥26,766,769.86, down 17.0% from ¥32,414,722.30 in the same period of 2023[24] Investment and Financial Activities - The company's long-term equity investments rose to approximately ¥3.12 billion from ¥3.06 billion, reflecting an increase of about 2.2%[12] - The company's long-term borrowings decreased to ¥1,082,520,000.00 in Q3 2024 from ¥1,575,346,000.00 in Q3 2023, a reduction of 31.2%[14] - The company reported a decrease in financial expenses to ¥76,697,605.42 in Q3 2024 from ¥88,395,913.84 in Q3 2023, a reduction of 13.0%[24] - The company’s investment income for the first three quarters of 2024 was ¥539,173,060.21, down 26.9% from ¥737,130,632.87 in the same period of 2023[24]