GONGNIU(SH:603195)2024-10-30 09:09Financial Performance - The company's revenue for Q3 2024 reached ¥4,216,850,153.83, representing a year-over-year increase of 5.04%[2] - Net profit attributable to shareholders was ¥1,024,665,943.29, reflecting a growth of 3.36% compared to the same period last year[2] - The basic earnings per share (EPS) for the quarter was ¥0.79, an increase of 2.60% year-over-year[3] - Total operating revenue for the first three quarters of 2024 reached CNY 12,603,043,409.40, an increase of 8.6% compared to CNY 11,606,826,969.90 in the same period of 2023[14] - Net profit attributable to shareholders for the first three quarters of 2024 was CNY 3,360,587,480.74, compared to CNY 3,198,334,000.00 in 2023, representing an increase of 5.1%[14] - The net profit for Q3 2024 reached CNY 3,262,317,161.70, an increase of 15.99% compared to CNY 2,810,846,023.97 in Q3 2023[15] - The operating profit for Q3 2024 was CNY 3,913,555,350.38, compared to CNY 3,433,141,533.35 in Q3 2023, marking an increase of 13.98%[15] - The total comprehensive income for Q3 2024 was CNY 3,291,930,828.46, compared to CNY 2,805,172,473.20 in Q3 2023, an increase of 17.36%[16] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥19,338,846,760.59, showing a decrease of 2.14% from the previous year-end[3] - Total assets as of the end of the third quarter of 2024 were CNY 19,338,846,760.59, a slight decrease from CNY 19,762,205,724.93 at the end of the same period in 2023[13] - Total liabilities decreased to CNY 4,467,766,338.58 from CNY 5,301,794,179.20 year-on-year, showing a reduction of 15.7%[12] - The company's trading financial assets decreased to ¥8,343,771,873.60 from ¥9,727,000,000.00, representing a decline of about 14.26%[10] - The company reported a significant increase in fixed assets, which rose to CNY 2,052,318,319.71 from CNY 1,986,168,945.03, reflecting a growth of 3.3%[11] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥3,014,914,290.40, down 25.01% year-over-year[2] - The cash flow from operating activities for the first three quarters of 2024 was CNY 3,014,914,290.40, down from CNY 4,020,374,606.84 in the same period of 2023, a decrease of 25%[19] - The company's cash and cash equivalents at the end of the third quarter of 2024 were CNY 1,500,000,000.00, down from CNY 2,000,000,000.00 in the previous year, a decrease of 25%[12] - The cash and cash equivalents at the end of Q3 2024 were CNY 1,121,747,724.24, down from CNY 2,078,782,421.78 at the end of Q3 2023, a decrease of 46.00%[20] - The total cash inflow from investment activities for the first three quarters of 2024 was CNY 14,588,422,405.94, compared to CNY 6,983,221,985.10 in the same period of 2023, an increase of 109.00%[19] - The net cash outflow from financing activities for Q3 2024 was CNY 3,624,667,626.98, compared to CNY 1,729,979,128.25 in Q3 2023, indicating a significant increase in cash outflow[20] Shareholder Information - The total equity attributable to shareholders increased to ¥14,854,755,679.01, up 2.83% from the previous year-end[3] - The total number of common shareholders at the end of the reporting period is 25,194, with the largest shareholder, Ningbo Liangji Industrial Co., Ltd., holding 53.80% of shares[7] - The top three shareholders, including Ningbo Liangji Industrial Co., Ltd., hold a combined total of 70.04% of the shares, indicating significant control over the company[7] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities during the reporting period[10] - The company has not identified any related party transactions among the top ten shareholders[8] Research and Development - Research and development expenses for the first three quarters of 2024 amounted to CNY 516,417,399.52, compared to CNY 427,301,998.27 in 2023, indicating a growth of 20.9%[14] Future Outlook - The company is focused on expanding its market presence and developing new products, although specific details on new products or technologies were not disclosed in the report[8] - The company plans to expand its market presence and invest in new product development to drive future growth[14] - The company has not provided any specific guidance for future performance or outlook in the current report[9]