YCIG(600345)2024-10-30 09:02Financial Performance - The company's operating revenue for Q3 2024 reached ¥166,775,277.19, representing a 44.87% increase compared to ¥115,122,206.38 in the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was ¥25,077,178.80, a decrease of 10.92% from ¥28,152,784.72 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,925,410.09, down 32.80% from ¥28,163,303.44 year-on-year[3] - Basic earnings per share for Q3 2024 were ¥0.08, a decrease of 42.86% from ¥0.14 in the previous year[3] - Net profit for the third quarter of 2024 was ¥49,787,899.48, a decrease of 36.9% compared to ¥78,963,298.92 in the previous year[14] - Basic and diluted earnings per share for the third quarter were both ¥0.15, down from ¥0.40 in the same quarter of 2023[14] Cash Flow - The net cash flow from operating activities for Q3 2024 was ¥15,060,000.69, a significant improvement compared to -¥38,080,120.69 in the same period last year[3] - The cash inflow from operating activities was CNY 391,169,819.75, an increase of 17.7% compared to CNY 331,919,046.10 in the same period of 2023[16] - The cash outflow from operating activities totaled CNY 549,696,873.30, up from CNY 494,555,360.47 in the previous year, resulting in a net cash flow from operating activities of CNY -158,527,053.55[16] - Investment activities generated a net cash inflow of CNY 7,282,161.30, a significant improvement from a net outflow of CNY -43,232,736.74 in the same period last year[17] - The total cash inflow from financing activities was CNY 30,000,000.00, while cash outflow totaled CNY 52,625,083.06, leading to a net cash flow from financing activities of CNY -22,625,083.06[17] - The ending balance of cash and cash equivalents was CNY 782,808,315.59, compared to CNY 175,232,093.59 at the end of the same period in 2023, indicating a substantial increase[17] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥4,496,221,729.69, reflecting a 1.34% increase from ¥4,436,889,778.34 at the end of the previous year[4] - The total liabilities increased to ¥1,039,707,676.65, compared to ¥1,016,633,702.18 at the end of the previous year[12] - Non-current assets totaled RMB 2.66 billion, an increase from RMB 2.57 billion, reflecting a growth of approximately 3.93%[11] - The company reported a decrease in short-term borrowings from RMB 23 million to RMB 3 million, a reduction of approximately 87.04%[11] Shareholder Information - The total number of common shareholders at the end of the reporting period was 26,184[7] - The largest shareholder, Fenghuo Technology Group Co., Ltd., holds 56,682,297 shares, accounting for 17.20% of total shares[9] - The equity attributable to shareholders increased by 1.06% to ¥3,456,514,053.04 compared to ¥3,420,256,076.16 at the end of the previous year[4] Operational Insights - The company reported a significant decline in investment income from associates, impacting net profit and earnings per share[6] - The company has not disclosed any significant changes in shareholder relationships or actions among the top shareholders[10] - There were no significant reminders or additional important information regarding the company's operational status during the reporting period[10] - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[15] Costs and Expenses - Total operating costs increased to ¥493,143,241.21, up 23.2% from ¥400,163,241.48 year-on-year[13] - Research and development expenses for the first three quarters of 2024 were ¥71,138,102.89, slightly down from ¥74,249,151.04 in the previous year[13] - The company paid CNY 200,710,467.46 in cash to employees, which is an increase from CNY 178,002,338.51 in the previous year, indicating a rise of about 12.7%[16] - The cash outflow for purchasing goods and services was CNY 269,467,054.95, compared to CNY 225,422,771.75 in the same period last year, marking an increase of 19.5%[16]