TJKJ(SH:600846)2024-10-30 08:19Financial Performance - The company's operating revenue for Q3 2024 was ¥1,076,764,341.55, a decrease of 26.42% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥73,383,392.38, down 14.13% year-on-year, while net profit after deducting non-recurring gains and losses was ¥70,271,387.89, an increase of 8.80%[2] - Total operating revenue for the first three quarters of 2024 was CNY 2,907,283,242.66, a decrease of 35.5% compared to CNY 4,513,509,197.52 in the same period of 2023[16] - Net profit for the first three quarters of 2024 was CNY 320,424,567.06, an increase of 6.3% compared to CNY 299,527,661.68 in 2023[18] - Earnings per share for the first three quarters of 2024 were CNY 0.49, up from CNY 0.45 in the same period of 2023[18] - The company reported a profit before tax of CNY 333,757,857.34 for the first three quarters of 2024, slightly down from CNY 346,982,632.43 in 2023[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥11,563,950,963.81, reflecting a year-on-year increase of 25.45%[3] - As of September 30, 2024, the total assets of the company reached RMB 11,563,950,963.81, an increase from RMB 9,218,237,237.42 at the end of 2023, representing a growth of approximately 25.4%[12] - The total liabilities increased to CNY 7,439,517,549.33 in 2024 from CNY 5,338,589,081.01 in 2023, representing a rise of 39.3%[14] - The total number of ordinary shareholders at the end of the reporting period was 39,680[6] - The top shareholder, Shanghai Tongyang Industrial Co., Ltd., held 146,051,849 shares, accounting for 23.38% of the total shares[6] Cash Flow - The company reported a net cash flow from operating activities of -¥48,168,351.33 for the year-to-date period[2] - In the first three quarters of 2024, the company generated cash inflows from operating activities amounting to CNY 3,073,219,525.62, an increase of 9.56% compared to CNY 2,805,199,652.25 in the same period of 2023[19] - The net cash outflow from operating activities was CNY -48,168,351.33, significantly improved from CNY -1,359,971,597.02 in the first three quarters of 2023[19] - Cash inflows from financing activities reached CNY 1,958,125,735.82, up from CNY 1,211,000,000.00 in the previous year, indicating a 62.00% increase[20] - The net cash flow from financing activities was CNY 694,187,981.99, compared to CNY 88,899,060.33 in the same period of 2023[20] Expenses and Investments - Research and development expenses increased to CNY 49,362,144.75 in 2024, compared to CNY 26,084,258.80 in 2023, reflecting a growth of 89.3%[16] - The financial expenses showed a significant reduction, with a net financial cost of CNY -6,972,518.88 in 2024 compared to CNY -29,871,149.69 in 2023[16] - The company plans to issue corporate bonds with a proposed registration scale of up to RMB 1.5 billion to fund debt repayment and equity investments[10] Inventory and Receivables - Accounts receivable increased significantly to RMB 1,492,427,417.20 from RMB 770,204,132.98, marking an increase of approximately 93.5%[12] - The company’s inventory decreased to RMB 3,205,083,540.40 from RMB 4,715,289,787.85, reflecting a reduction of approximately 32.0%[12] - The company’s other receivables decreased to RMB 181,645,355.53 from RMB 230,818,841.60, a decline of approximately 21.3%[12] Non-Recurring Items - Non-recurring gains and losses for the reporting period totaled ¥3,112,004.49, with government subsidies contributing ¥431,060.00[4]