SDF(SH:605006)2024-10-29 10:45Financial Performance - The company's operating revenue for Q3 2024 was ¥472,227,304.71, representing a decrease of 4.61% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was a loss of ¥13,341,851.92, with a year-to-date loss of ¥110,649,498.02, reflecting a significant decline of 204.56% year-on-year[2][6]. - The basic and diluted earnings per share for the year-to-date period were both -¥0.18, indicating a 200% decrease compared to the previous year[3][7]. - Total operating revenue for the first three quarters of 2024 was CNY 1,487,107,594.08, a decrease of 10.36% compared to CNY 1,659,260,551.75 in the same period of 2023[13]. - Net profit for the first three quarters of 2024 was a loss of CNY 110,649,498.02, compared to a profit of CNY 105,828,294.53 in the same period of 2023[17]. - The company's total equity decreased to CNY 2,011,679,157.84 in 2024 from CNY 2,112,847,188.34 in 2023, a decline of 4.78%[22]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥58,448,142.91, which decreased by 90.15% compared to the previous year[3][7]. - The cash inflow from operating activities for the first three quarters of 2024 was CNY 1,140,579,880.19, a decrease of 12.7% compared to CNY 1,306,886,142.38 in the same period of 2023[18]. - The cash flow from operating activities for the first three quarters of 2024 was CNY 55,577,335.23, a significant decrease from CNY 366,273,867.01 in the same period of 2023[24]. - The net cash flow from investment activities was -CNY 250,566,371.40, an improvement from -CNY 331,453,110.11 in the same period of 2023[19]. - The net cash flow from financing activities was CNY 240,586,126.39, a turnaround from -CNY 117,782,628.25 in the previous year[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,719,794,177.14, showing a slight increase of 1.09% from the end of the previous year[3]. - The total liabilities increased to CNY 4,063,921,105.68 in 2024 from CNY 3,859,027,780.51 in 2023, marking an increase of 5.27%[13]. - The total liabilities decreased from ¥2,344,503,883.13 to ¥1,950,594,230.70, indicating a reduction in financial obligations[12]. - The company's total current liabilities rose to CNY 884,374,777.57 in 2024, up from CNY 661,664,656.29 in 2023, marking an increase of 33.59%[22]. - The company's total assets amounted to CNY 6,719,794,177.14 in 2024, compared to CNY 6,647,208,749.67 in 2023, reflecting an increase of 1.09%[13]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,912[8]. - The largest shareholder, Shandong Energy Group New Materials Co., Ltd., holds 316,441,633 shares, accounting for 51.79% of the total shares[8]. Operational Insights - The decline in net profit was primarily attributed to a decrease in glass fiber yarn prices during the reporting period[6]. - The company reported a significant increase in cash payments for goods and services, contributing to the negative cash flow from operating activities[7]. - Inventory increased significantly from ¥283,220,846.07 to ¥408,431,452.59, indicating potential growth in production or sales[11]. - The company's accounts receivable rose from ¥74,700,428.15 to ¥121,478,163.50, which may reflect increased sales or credit terms[11]. - The company reported a significant increase in fixed assets from ¥3,058,931,029.19 to ¥4,181,995,776.16, suggesting ongoing investment in infrastructure[11].