江苏有线(600959) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,670,097,707.45, representing a year-on-year increase of 0.09%[2] - The net profit attributable to shareholders for Q3 2024 was ¥72,411,053.68, a decrease of 14.21% compared to the same period last year[2] - The basic earnings per share for Q3 2024 was ¥0.0144, down 14.79% year-on-year[4] - The total operating revenue for the first three quarters of 2024 reached CNY 5,645,227,922.20, an increase of 4.48% compared to CNY 5,403,994,561.30 in the same period of 2023[17] - The net profit for the third quarter of 2024 was approximately ¥263.36 million, down from ¥318.08 million in the same quarter of 2023, indicating a decrease of about 17.2%[20] - The total comprehensive income for the third quarter of 2024 was approximately ¥262.19 million, down from ¥322.27 million in the same quarter of 2023, reflecting a decrease of about 18.7%[20] - Net profit for the first three quarters of 2024 was ¥765,448,051.17, a significant increase from ¥67,352,167.83 in the first three quarters of 2023[28] - The total comprehensive income for the first three quarters of 2024 was ¥764,276,809.84, compared to ¥71,545,980.13 in the same period of 2023[29] Cash Flow - The company reported a net cash flow from operating activities of -¥52,041,099.22 for the year-to-date, a significant decrease of 105.75% compared to the same period last year[2] - The net cash flow from operating activities for the first three quarters of 2024 was negative at approximately -¥134,753,672.00, a decline from ¥405,937,495.42 in the same period of 2023[30] - The net cash flow from financing activities was CNY 390.97 million, indicating an increase in cash inflows from borrowings[8] - The net cash flow from investing activities was -229,302,308.20 RMB, an improvement from -915,928,976.47 RMB in the previous period, indicating a reduction in cash outflow[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥37,270,507,467.35, reflecting a slight increase of 0.09% from the end of the previous year[4] - Current assets as of September 30, 2024, totaled CNY 12,134,273,580.65, up from CNY 11,436,595,053.85 at the end of 2023, reflecting a growth of 6.09%[15] - The total liabilities increased due to the rise in bonds payable, which reached CNY 165.42 million[8] - Total liabilities decreased slightly to CNY 14,006,078,652.53 from CNY 14,112,303,005.43, a reduction of 0.75%[16] - The total non-current liabilities amounted to CNY 135.43 million, driven by an increase in bonds payable[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 102,574[9] - Jiangsu Guojin Group Information Network Investment Co., Ltd. holds 52.00% of the shares, amounting to 2,600,146,000 shares, with 311,762,809 shares pledged[10] Expenses - The total operating costs increased to approximately ¥5.82 billion from ¥5.60 billion year-over-year, reflecting a rise of about 3.9%[19] - The sales expenses for the third quarter of 2024 were approximately ¥478.93 million, a decrease from ¥579.81 million in the same period of 2023, indicating a reduction of about 17.4%[19] - The research and development expenses for the third quarter of 2024 were approximately ¥58.10 million, slightly down from ¥58.58 million year-over-year, showing a decrease of about 0.8%[19] - The company incurred financial expenses of ¥112,154,547.87 in the first three quarters of 2024, a significant increase from ¥31,238,008.55 in the same period of 2023[28] Investment Income - Non-recurring gains included government subsidies amounting to ¥2,215,058.16 for the current period[5] - The company received CNY 65.10 million in cash from investment income, reflecting an increase in trust income[8] - The investment income for the third quarter of 2024 was approximately ¥230.27 million, an increase from ¥213.92 million year-over-year, showing a growth of about 7.6%[19] - The company reported an investment income of ¥844,646,977.80 for the first three quarters of 2024, compared to ¥231,778,953.78 in the same period of 2023, marking a growth of 264.5%[28] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32]