Shenli(SH:603819)2024-10-29 09:18Financial Performance - The company's operating revenue for Q3 2024 was ¥336,013,244.20, representing an increase of 11.02% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥11,821,250.61, a significant increase of 136.07% year-on-year[2]. - The basic earnings per share for Q3 2024 was ¥0.05, reflecting a 150.00% increase compared to the previous year[2]. - Total operating revenue for Q3 2024 was approximately CNY 944.95 million, a decrease of 3.4% compared to CNY 978.20 million in Q3 2023[15]. - Net profit for Q3 2024 was a loss of approximately CNY 47.62 million, compared to a loss of CNY 2.09 million in Q3 2023[16]. - The total comprehensive income for Q3 2024 was a loss of approximately CNY 47.62 million, compared to a gain of CNY 1.23 million in Q3 2023[16]. Cash Flow - The net cash flow from operating activities for Q3 2024 was -¥712,014.77, a decline of 138.43% compared to the previous year[2]. - Cash flow from operating activities generated a net amount of approximately CNY 21.75 million, a significant improvement from a net outflow of CNY 22.87 million in the same period last year[17]. - Cash inflow from operating activities totaled approximately CNY 786.21 million, an increase from CNY 723.71 million in the same period last year[17]. - The net cash inflow from investment activities was CNY 36,927,762.25, a decrease of 58.0% compared to CNY 87,914,370.51 in the previous period[19]. - Cash inflow from financing activities totaled CNY 544,000,000.00, down 17.6% from CNY 660,139,600.00 year-over-year[19]. - The net cash increase for the period was CNY 59,544,701.48, down 22.6% from CNY 76,876,557.01 in the previous year[19]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥1,447,008,577.57, a decrease of 1.46% from the end of the previous year[3]. - The company's current assets totaled RMB 1,115,937,045.45, down from RMB 1,148,322,656.07 at the end of 2023, indicating a decline of approximately 2.8%[11]. - Total liabilities rose to RMB 668,321,800.28 from RMB 574,814,237.62, indicating an increase of approximately 16.3%[13]. - The company's equity attributable to shareholders decreased to RMB 778,686,777.29 from RMB 893,660,107.90, a decline of about 12.9%[13]. - The company reported a decrease in undistributed profits to RMB 152,426,160.26 from RMB 267,399,490.87, a drop of approximately 43%[13]. Shareholder Information - The company has a total of 7,565 common shareholders at the end of the reporting period[8]. - Major shareholders include Chen Zhongwei with a 30.70% stake and Sichuan Yumingyao New Energy Co., Ltd. with an 8.50% stake[8]. Operational Efficiency - Total operating costs decreased to approximately CNY 927.86 million, down 5.7% from CNY 984.35 million in the same period last year[15]. - Research and development expenses for Q3 2024 were approximately CNY 9.97 million, down from CNY 11.60 million in Q3 2023, indicating a focus on cost management[15]. - Sales expenses significantly decreased to approximately CNY 2.44 million from CNY 28.23 million in the previous year, reflecting improved operational efficiency[15]. Other Financial Metrics - The weighted average return on equity for Q3 2024 was 1.53%, an increase of 0.83 percentage points from the previous year[3]. - The company reported non-recurring gains of ¥520,304.34 for Q3 2024, with total non-recurring gains for the year-to-date period amounting to ¥2,604,476.07[5]. - The company reported a tax expense of approximately CNY 8.39 million for Q3 2024, compared to a tax benefit of CNY 320,046.20 in Q3 2023[16]. - Cash paid for the acquisition of fixed assets and intangible assets was CNY 16,039,576.38, an increase of 392.0% compared to CNY 3,252,880.19 in the previous period[19]. - The impact of exchange rate changes on cash and cash equivalents was CNY 121,839.95, a decrease of 91.8% compared to CNY 1,488,832.42 in the previous period[19]. Strategic Developments - The company has not reported any significant new strategies or product developments during the conference call[10].