SGEG(SH:601616)2024-10-30 08:39Financial Performance - The company's operating revenue for Q3 2024 reached ¥300,839,412.78, representing a 76.33% increase compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥18,049,157.49, a significant increase of 7,532.30% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥16,325,095.20, with a year-to-date increase of 289.89%[2]. - Basic earnings per share for Q3 2024 was ¥0.0211, a 6,933.33% increase year-on-year[3]. - The diluted earnings per share for Q3 2024 was also ¥0.0211, showing a 6,933.33% increase compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2024 reached CNY 736,190,921.41, a 32.2% increase from CNY 557,481,471.15 in the same period of 2023[14]. - Operating profit for the first three quarters of 2024 was CNY 69,992,602.01, compared to CNY 30,930,893.73 in the previous year, reflecting a significant growth[15]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was CNY 47,952,907.02, up from CNY 16,113,242.85 in 2023, marking a substantial increase[15]. - Basic and diluted earnings per share for the first three quarters of 2024 were both CNY 0.0562, compared to CNY 0.0189 in the same period of 2023, indicating improved profitability per share[16]. - The total comprehensive income for the first three quarters of 2024 was CNY 63,004,499.68, significantly higher than CNY 29,595,613.55 in the previous year[16]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥62,184,678.97, reflecting a 51.20% increase compared to the previous year[2]. - In the first three quarters of 2024, the cash inflow from operating activities amounted to ¥675,847,797.30, an increase of 12.2% compared to ¥602,258,961.04 in the same period of 2023[17]. - The cash outflow from investment activities in the first three quarters of 2024 was ¥957,977,604.61, significantly higher than ¥589,063,448.18 in 2023, resulting in a net cash flow from investment activities of -¥508,384,679.70[18]. - The cash inflow from financing activities totaled ¥22,930,000.00 in the first three quarters of 2024, compared to ¥8,000,000.00 in the same period of 2023[18]. - The net cash flow from financing activities was -¥68,507,452.05 in 2024, an improvement from -¥90,880,929.22 in 2023[18]. - The ending balance of cash and cash equivalents as of the end of the third quarter of 2024 was ¥622,568,008.81, down from ¥1,009,884,789.90 at the end of the same period in 2023[19]. - The company received cash from the sale of goods and services amounting to ¥642,595,843.45 in the first three quarters of 2024, compared to ¥564,010,618.65 in 2023, reflecting a growth of 13.9%[17]. - The cash paid to employees and for employee benefits was ¥140,803,113.67 in 2024, slightly up from ¥132,793,356.52 in 2023[18]. - The company reported a cash inflow from investment activities of ¥449,592,924.91 in 2024, down from ¥536,265,647.36 in 2023[18]. - The cash received from tax refunds was ¥245,685.02 in 2024, a significant decrease from ¥2,848,593.79 in 2023[17]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥3,112,776,426.46, a 3.38% increase from the end of the previous year[3]. - The equity attributable to shareholders at the end of Q3 2024 was ¥2,454,795,027.33, a slight decrease of 0.42% compared to the end of the previous year[3]. - The company's total liabilities as of the end of the third quarter of 2024 amounted to CNY 461,423,698.01, compared to CNY 387,407,595.89 at the end of the same period in 2023, indicating a rise in financial obligations[16]. - The total equity attributable to shareholders of the parent company was CNY 2,454,795,027.33, slightly down from CNY 2,465,099,715.15 in the previous year[16]. - Total current assets amounted to ¥1,721,186,702.60, a decrease from ¥1,758,201,531.70 as of December 31, 2023, reflecting a decline of approximately 2.1%[12]. - Cash and cash equivalents decreased significantly from ¥1,167,558,043.19 to ¥640,463,038.36, representing a decline of about 45.0%[11]. - Accounts receivable increased from ¥347,246,790.07 to ¥403,811,797.81, marking an increase of approximately 16.3%[11]. - Inventory rose from ¥134,692,658.59 to ¥192,459,428.08, indicating an increase of around 42.7%[11]. - Total non-current assets increased from ¥1,252,881,887.80 to ¥1,391,589,723.86, reflecting a growth of approximately 11.1%[12]. - Accounts payable increased from ¥130,378,395.84 to ¥203,236,140.02, showing an increase of approximately 55.7%[12]. - The company reported a total of ¥46,910,997.96 in contract liabilities, up from ¥41,723,766.69, reflecting an increase of about 12.5%[12]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 32,940,777.45, compared to CNY 32,558,079.82 in the same period of 2023, showing a continued investment in innovation[14]. Shareholder Information - The company has not reported any changes in major shareholders or significant financing activities during the reporting period[11].