Jalon(SH:688357)2024-10-29 10:04Financial Performance - The company's operating revenue for Q3 2024 was ¥188,842,923.99, a decrease of 37.42% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥14,130,785.04, down 76.84% year-on-year[2] - The net profit excluding non-recurring gains and losses for Q3 2024 was ¥11,316,431.90, a decline of 79.38% compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.14, representing a decrease of 77.05% year-on-year[2] - Total operating revenue for the first three quarters of 2024 was CNY 565,675,765.56, a decrease of 29.3% compared to CNY 800,052,771.81 in the same period of 2023[17] - The net profit for Q3 2024 is CNY 60,532,212.40, a decrease of 55.6% compared to CNY 136,024,162.58 in Q3 2023[18] - The total profit for Q3 2024 is CNY 71,735,643.19, down 53.8% from CNY 155,256,455.19 in the same period last year[18] - The operating profit for Q3 2024 is CNY 73,417,593.72, a decline of 53% from CNY 156,360,139.30 in Q3 2023[18] - The total comprehensive income for Q3 2024 is CNY 79,474,079.12, down from CNY 131,316,252.08 in Q3 2023[19] - The basic earnings per share for Q3 2024 is CNY 0.60, a decrease from CNY 1.36 in Q3 2023[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,965,083,278.84, a decrease of 2.11% from the end of the previous year[3] - The company's total assets as of the end of Q3 2024 were CNY 2,965,083,278.84, slightly down from CNY 3,029,139,957.49 at the end of Q3 2023[16] - The total liabilities decreased to CNY 1,151,947,528.63 in Q3 2024 from CNY 1,250,471,343.80 in Q3 2023, reflecting a reduction of 7.9%[15] - The equity attributable to shareholders increased to CNY 1,813,135,750.21 in Q3 2024 from CNY 1,778,668,613.69 in Q3 2023, representing a growth of 1.9%[16] Cash Flow - The company reported a net cash flow from operating activities of ¥50,259,560.34 for the year-to-date, showing significant improvement compared to the previous year[6] - The cash flow from operating activities for the first three quarters of 2024 is CNY 50,259,560.34, compared to a negative cash flow of CNY -117,155,700.53 in the same period of 2023[20] - The cash flow from investing activities in Q3 2024 shows a net outflow of CNY -493,759,731.27, compared to CNY -624,949,331.44 in Q3 2023[20] Research and Development - Research and development expenses totaled ¥8,491,779.75 for Q3 2024, down 34.92% from the previous year[3] - Research and development expenses for the first three quarters of 2024 amounted to CNY 25,527,781.60, a decrease of 29.9% compared to CNY 36,402,449.00 in the same period of 2023[17] Market and Strategic Initiatives - The decline in revenue was attributed to changes in product sales structure and customer base, as well as the company's ongoing transformation phase[6] - The company aims to enhance its market competitiveness and adaptability by expanding its product offerings to meet diverse customer needs[11] - The company plans to strengthen market expansion in regions such as the Middle East, India, and North America as part of its internationalization strategy[11] - The company is focusing on market expansion and new product development as part of its strategic initiatives moving forward[17] - The company plans to enhance its operational efficiency and reduce costs further in the upcoming quarters[17] Shareholder Information - The top ten shareholders hold a total of 49.52% of the company's shares, with the largest shareholder, Li Jianbo, holding 24.09%[10] - The company emphasizes its responsibility to return value to investors and maintain a positive image in the capital market[12] Government Support - The company received government subsidies amounting to ¥1,519,052.83 during the reporting period, contributing to its non-recurring gains[4] Foreign Sales - The company's foreign sales revenue for the first three quarters reached 151.75 million RMB, an increase of 10.64% year-on-year, accounting for 26.83% of total revenue[11] Financial Reporting and Standards - The company has implemented new accounting standards starting in 2024, affecting the financial statements from the beginning of the year[22] - The company is focused on enhancing its financial reporting accuracy through the adoption of updated accounting principles[22] - The report was released on October 29, 2024, indicating timely communication of financial performance[22] Other Information - There are no specific performance metrics or user data provided in the report[22] - Future outlook and performance guidance details are not included in the document[22] - Information regarding new product development or technological advancements is absent[22] - Market expansion strategies and potential mergers or acquisitions are not discussed in the report[22] - The document does not provide any financial figures or percentage changes related to revenue or profit[22] - No new strategic initiatives are mentioned in the report[22] - The report concludes with a formal announcement from the company's board of directors[22]