JEP(SZ:000875)2024-10-29 12:11Financial Performance - The company's operating revenue for Q3 2024 was ¥3,278,899,115.39, a decrease of 3.20% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2024 reached ¥318,924,846.56, an increase of 69.03% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥293,811,561.95, up 60.97% from the previous year[3]. - Total operating revenue for the current period is $10.17 billion, a decrease of 7.8% from $11.02 billion in the previous period[13]. - Net profit for the current period is $1.90 billion, an increase of 14.7% compared to $1.65 billion in the previous period[14]. - The total comprehensive income for the current period is $1.90 billion, compared to $1.65 billion in the previous period, indicating a growth of 14.7%[15]. Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥81,046,299,927.45, reflecting a growth of 5.60% compared to the end of the previous year[3]. - Total liabilities increased to $60.03 billion, up from $57.02 billion in the previous period, reflecting a growth of 5.3%[12]. - The total assets of the company amounted to ¥81,046,299,927.45, up from ¥76,751,385,583.28, reflecting an increase of approximately 5.9%[11]. - Total current liabilities increased to ¥18,848,162,783.77 from ¥17,453,029,068.12, representing a growth of approximately 8.0%[11]. Equity and Return - The total equity attributable to shareholders increased to ¥12,940,901,544.96, a rise of 9.68% from the end of the previous year[3]. - Total equity attributable to shareholders of the parent company rose to $12.94 billion, an increase of 9.7% from $11.80 billion in the previous period[12]. - The weighted average return on net assets was 2.69%, an increase of 1.02% year-on-year[3]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥3,954,248,201.20, representing a 17.01% increase compared to the same period last year[3]. - Operating cash inflow for the current period is CNY 9,684,562,417.52, a decrease of 10.05% from CNY 10,761,273,605.39 in the previous period[16]. - Net cash flow from operating activities is CNY 3,954,248,201.20, an increase of 16.94% compared to CNY 3,379,436,709.52 in the previous period[17]. - Cash outflow from operating activities totals CNY 5,730,314,216.32, down 22.36% from CNY 7,381,836,895.87 in the previous period[17]. - The ending balance of cash and cash equivalents is CNY 1,509,150,911.50, up from CNY 1,079,076,447.21 in the previous period[17]. Inventory and Receivables - The company reported a significant increase in inventory, which rose to ¥288,389,009.63 from ¥141,150,921.85, reflecting a growth of about 104.5%[10]. - Accounts receivable rose significantly to ¥10,086,568,999.80 from ¥8,410,067,658.38, marking an increase of about 19.9%[10]. - The company experienced a 92.78% increase in notes receivable, reaching ¥143,302,104.48, primarily due to an increase in bank acceptance bills[6]. Government Support and R&D - The company received government subsidies amounting to ¥7,382,968.76 during the reporting period, contributing positively to its financial performance[4]. - Research and development expenses decreased to $18.26 million, down 26.4% from $24.81 million in the previous period[13]. - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[9].