GXSH(SZ:000716)2024-10-29 11:02Financial Performance - The company's operating revenue for Q3 2024 was ¥615,193,238.84, a decrease of 11.86% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥30,774,467.05, an increase of 15.35% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥33,652,743.94, up 67.73% from the previous year[2] - The company's basic earnings per share for Q3 2024 was ¥0.042, representing a 16.67% increase year-on-year[2] - The net profit for Q3 2024 was CNY 50,923,817.64, a slight increase from CNY 50,211,579.45 in Q3 2023, representing a year-over-year growth of approximately 1.4%[18] - The total profit for Q3 2024 was CNY 59,444,923.67, down from CNY 70,589,531.74 in Q3 2023, representing a decline of approximately 15.7%[18] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥4,458,481,250.48, reflecting a slight increase of 0.29% from the end of the previous year[2] - The company reported a significant increase in current liabilities due to a 301.65% rise in short-term borrowings[5] - Total liabilities decreased to CNY 1,788,984,148.07 from CNY 1,794,608,709.43 year-over-year[16] - The company's equity attributable to shareholders increased to CNY 2,527,629,665.77 from CNY 2,518,355,764.30 in the previous year[16] - Short-term borrowings decreased to CNY 785,029,026.00 from CNY 864,486,061.52, indicating improved liquidity[16] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥138,398,191.08, down 51.41% compared to the same period last year[2] - Cash flow from operating activities for Q3 2024 was CNY 138,398,191.08, significantly lower than CNY 284,817,979.80 in the same period last year, reflecting a decline of approximately 51.5%[19] - The company reported a net cash flow from financing activities of CNY -8,194,259.63, a significant decrease of 97.08%[6] - The cash and cash equivalents at the end of Q3 2024 stood at CNY 71,063,006.24, down from CNY 115,016,945.49 at the end of Q3 2023, a decrease of approximately 38.3%[20] - The company’s cash outflow from financing activities was CNY 1,170,058,427.74 in Q3 2024, compared to CNY 1,315,317,520.44 in Q3 2023, showing a decrease of about 11%[20] Investment Activities - The net cash flow from investment activities was CNY 184,100,610.38, a decrease of 88.69% compared to the previous period[6] - The company’s net cash flow from investing activities was CNY -184,100,610.38 in Q3 2024, compared to CNY 111,087,575.34 in Q3 2023, indicating a significant change in investment strategy[19] - The cash paid for the purchase and construction of fixed assets, intangible assets, and other long-term assets was CNY 185,680,397.86, a 72.96% increase from the previous period[6] Research and Development - Research and development expenses increased significantly by 196.38% to ¥14,883,372.08, indicating a focus on innovation[5] - Research and development expenses increased to CNY 14,883,372.08, up 196.5% from CNY 5,021,684.72 in the previous year[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 92,622[7] - The largest shareholder, Guangxi Black Five Food Group Co., Ltd., holds 30.25% of the shares, totaling 227,946,277 shares[7] Strategic Developments - The company completed the election of the 11th Board of Directors and Supervisory Board during the reporting period[12] - The company plans to relocate its office to a new address on August 27, 2024, as part of its strategic development[13] - The company revised its Articles of Association during the third extraordinary shareholders' meeting held on October 9, 2024[13] - The company plans to continue focusing on market expansion and new product development to drive future growth[17]