GKG(301338)2024-10-29 10:08Financial Performance - The company's revenue for Q3 2024 reached ¥217,986,006.32, representing a 43.93% increase year-over-year[2] - Net profit attributable to shareholders for Q3 2024 was ¥16,541,277.53, a significant increase of 143.76% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses for Q3 2024 was ¥14,702,858.95, reflecting a 207.72% year-over-year growth[2] - The company’s total revenue for the first three quarters of 2024 was ¥577,377,439.70, up 31.57% year-over-year[5] - Total operating revenue for Q3 2024 reached CNY 577,377,439.70, an increase of 31.6% compared to CNY 438,851,404.31 in the same period last year[18] - Net profit attributable to shareholders of the parent company was CNY 44,037,861.53, up 5.0% from CNY 41,783,731.57 in Q3 2023[19] - The company reported a basic earnings per share of CNY 0.41, up from CNY 0.39 in Q3 2023[20] - The total comprehensive income for the period was CNY 45,408,334.21, compared to CNY 44,245,717.55 in the previous year[20] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥2,275,295,439.81, marking a 6.12% increase from the end of the previous year[2] - The company's total assets as of September 30, 2024, amount to ¥2,275,295,439.81, an increase from ¥2,144,030,719.92 at the beginning of the period[15] - Current assets total ¥1,840,378,834.76, slightly down from ¥1,871,307,521.63 at the start of the period[14] - The total liabilities include accounts payable of ¥369,103,751.16, up from ¥353,258,006.00, indicating a rise of about 4.5%[15] - Total liabilities increased to CNY 815,311,355.31 from CNY 716,611,406.04, reflecting a growth of 13.8%[17] - The company's non-current liabilities increased to CNY 15,175,208.11 from CNY 13,352,294.16, reflecting a growth of 13.6%[17] Cash Flow - The company reported a net cash flow from operating activities of -¥119,573,350.24 for the year-to-date, a decline of 163.80% compared to the previous year[7] - Operating cash inflow for the period was CNY 554,402,103.96, an increase of 9.06% compared to CNY 508,332,638.93 in the previous period[21] - Operating cash outflow totaled CNY 673,975,454.20, up from CNY 553,660,492.51, resulting in a net cash flow from operating activities of CNY -119,573,350.24[21] - Investment cash inflow amounted to CNY 935,727,557.75, compared to CNY 727,327,100.49 in the prior period, reflecting a growth of 28.63%[22] - Investment cash outflow was CNY 1,043,294,963.11, significantly higher than CNY 793,141,307.16, leading to a net cash flow from investment activities of CNY -107,567,405.36[22] - Financing cash inflow reached CNY 91,872,965.41, an increase from CNY 44,347,055.42, while financing cash outflow was CNY 107,275,170.51, compared to CNY 83,885,301.25[22] - The net increase in cash and cash equivalents was CNY -241,619,016.13, worsening from CNY -149,782,457.55 in the previous period[22] - The ending balance of cash and cash equivalents stood at CNY 705,729,788.59, down from CNY 895,946,424.26[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,032, with the top 10 shareholders holding a combined 90.17% of shares[8] - Qiu Guoliang holds 36.18% of shares, amounting to 38,500,000 shares, while Peng Xiaoyun holds 23.03%, totaling 24,500,000 shares[8] Strategic Initiatives - The company established strong partnerships with major clients including Foxconn, Huawei, and BYD, enhancing its market presence globally[5] - The company plans to enhance operational quality through various strategies including R&D and market expansion in 2024[5] Other Information - The company has not reported any changes in the status of its preferred shareholders or any new strategies related to mergers and acquisitions[12] - Research and development expenses for the quarter were CNY 53,997,499.88, slightly down from CNY 54,741,743.77 in the previous year[18] - The third quarter report was not audited, indicating a need for further scrutiny of the financial data presented[23]