GRIAM(SH:600206)2024-10-30 08:13Financial Performance - The company's operating revenue for Q3 2024 was ¥2,220,779,212.16, a decrease of 16.89% compared to the same period last year[2]. - The net profit attributable to shareholders was ¥73,722,551.31, down 15.11% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥66,824,087.24, reflecting an 18.13% decrease compared to the previous year[2]. - Net profit for the third quarter of 2024 was CNY 53,342,440.73, a decline of 60.8% compared to CNY 136,103,861.33 in the same quarter of 2023[18]. - The company’s total comprehensive income for Q3 2024 was CNY 52,460,774.70, a decrease of 61.2% compared to CNY 135,538,022.58 in Q3 2023[19]. - The basic earnings per share for the year-to-date was ¥0.087, down 18.18% compared to the previous year[3]. - The company reported a decrease in basic earnings per share to CNY 0.135 in Q3 2024 from CNY 0.165 in Q3 2023, a decline of 18.2%[19]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥6,913,259,646.86, representing a 10.84% increase from the end of the previous year[3]. - The total assets of the company as of September 30, 2024, amounted to CNY 6,913,259,646.86, an increase from CNY 6,237,192,964.97 as of December 31, 2023, reflecting a growth of approximately 10.9%[12]. - The company's total liabilities increased to CNY 2,359,554,357.41 in Q3 2024 from CNY 2,206,497,712.79 in Q3 2023, representing a rise of 6.9%[16]. - The total equity attributable to shareholders of the parent company rose to CNY 3,882,428,091.15 in Q3 2024, up from CNY 3,773,406,188.28 in Q3 2023, an increase of 2.9%[16]. Cash Flow - The cash flow from operating activities for the year-to-date was negative at ¥-988,597,776.88, a decline of 119.82% compared to the previous year[3]. - The company's cash flow from operating activities showed a significant change, with net cash inflow reported at CNY 92,579,207.50 for Q3 2024, down from CNY 171,761,384.06 in Q3 2023[18]. - In the first three quarters of 2024, the net cash flow from operating activities was -988,597,776.88 RMB, compared to -449,724,618.48 RMB in the same period of 2023, indicating a decline in operational cash flow[21]. - Total cash inflow from operating activities for the first three quarters of 2024 was 6,878,209,304.12 RMB, down 22.0% from 8,808,919,980.18 RMB in 2023[21]. - Cash outflow from operating activities decreased to 7,866,807,081.00 RMB in 2024 from 9,258,644,598.66 RMB in 2023, reflecting a reduction of 15.0%[21]. - The cash flow from investment activities showed a net outflow of -533,676,653.50 RMB in 2024, compared to -228,231,662.30 RMB in 2023, indicating increased investment expenditures[21]. - The company received 583,992,773.00 RMB from new investments in 2024, while cash inflow from borrowings increased to 1,482,970,817.03 RMB from 640,422,168.53 RMB in 2023[22]. - The net cash flow from financing activities improved to 830,948,153.26 RMB in 2024, compared to -32,920,863.37 RMB in 2023, indicating a positive shift in financing[22]. - The ending cash and cash equivalents balance as of the end of the third quarter of 2024 was 842,669,483.37 RMB, up from 408,926,794.21 RMB in 2023[22]. Operational Highlights - The sales revenue of film materials increased by 56% year-on-year, while rare earth materials and platinum group metals saw declines of 9% and 39%, respectively[7]. - The loss from the rare earth materials segment impacted the net profit attributable to shareholders by ¥-10,070,400.00 in the current period[7]. - Research and development expenses for the first three quarters of 2024 were CNY 155,663,887.91, an increase of 20.8% compared to CNY 128,890,836.46 in the same period of 2023[17]. - The company has not disclosed any new product developments or market expansion strategies in the current report[12]. Shareholder Information - The company reported a total of 73,917 common shareholders at the end of the reporting period[8]. - There were no changes in the major shareholders or their participation in margin trading activities during the reporting period[11].