Grace(SH:603256)2024-10-29 09:42Financial Performance - The company's operating revenue for Q3 2024 was ¥211,104,704.97, representing a 1.20% increase compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥6,909,311.08, while the net profit for the year-to-date period was ¥7,726,837.85[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥2,612,410.27, with a year-to-date figure of -¥2,484,412.16[2]. - The basic earnings per share for Q3 2024 was ¥0.01, consistent with the previous year[4]. - Total operating revenue for the first three quarters of 2024 reached CNY 618,796,195.45, an increase of 24.5% compared to CNY 496,823,254.22 in the same period of 2023[15]. - Net profit for the third quarter of 2024 was CNY 7,726,837.85, a significant recovery from a net loss of CNY 43,542,676.63 in the same quarter of 2023[17]. - The total equity attributable to shareholders reached CNY 1,436,051,241.41, up from CNY 1,426,956,868.13 in the previous year, indicating a growth of 0.8%[14]. - The earnings per share for Q3 2024 was CNY 0.01, recovering from a loss of CNY 0.05 per share in Q3 2023[18]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥2,567,134,234.81, reflecting a 1.38% increase from the end of the previous year[4]. - The equity attributable to shareholders at the end of Q3 2024 was ¥1,436,051,241.41, showing a 0.64% increase from the end of the previous year[4]. - The company's total liabilities increased to CNY 1,131,082,993.40 in Q3 2024, compared to CNY 1,105,214,861.97 in Q3 2023, marking a growth of 2.5%[14]. - The total assets of the company as of September 30, 2024, are RMB 2,567,134,234.81, compared to RMB 2,532,171,730.10 at the end of 2023, reflecting a slight increase of approximately 1.4%[12]. - The company's fixed assets decreased to RMB 1,479,020,066.15 from RMB 1,555,594,288.06, representing a decline of about 4.9%[12]. Cash Flow - The cash flow from operating activities for the year-to-date period was ¥88,668,136.55[2]. - The cash inflow from operating activities reached ¥567,474,163.61, a significant increase of 35% compared to ¥420,873,627.86 in the same period of 2023[21]. - The net cash flow from operating activities was ¥88,668,136.55, recovering from a loss of ¥76,263,227.62 in the previous year[21]. - The cash inflow from investment activities was ¥17,303,000.68, down 89% from ¥162,322,458.83 in the first three quarters of 2023[21]. - The net cash flow from investment activities improved to ¥5,567,597.49, compared to a loss of ¥63,414,804.44 in the same period last year[21]. - Cash inflow from financing activities totaled ¥478,581,877.26, an increase of 18% from ¥405,477,359.17 in the previous year[22]. - The net cash flow from financing activities was ¥23,852,541.04, up from ¥5,419,715.97 in the same period of 2023[22]. - The company's cash and cash equivalents at the end of the period amounted to ¥292,796,086.41, compared to ¥164,800,578.28 at the end of the previous year[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,475, with the largest shareholder, Far East International Limited, holding 658,405,037 shares, representing 74.84% of the total[9]. - The company has no significant changes in the participation of major shareholders in margin financing and securities lending activities[10]. Operational Insights - The company expects an increase in sales revenue driven by the growth in production and sales volume of glass fiber products[7]. - There are no significant reminders for investors regarding the company's operational performance during the reporting period[11]. - The company has not disclosed any new product developments or market expansion strategies in the current report[10]. - Research and development expenses for the first three quarters of 2024 amounted to CNY 34,347,274.45, an increase of 31.2% from CNY 26,189,636.15 in 2023[15]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[18].