SONGZ(SZ:002454)2024-10-30 08:11Revenue and Profitability - The company's revenue for Q3 2024 was ¥1,351,030,711.69, a decrease of 0.86% compared to the same period last year[2] - Net profit attributable to shareholders increased by 161.71% to ¥50,541,216.06 for Q3 2024, while year-to-date net profit rose by 32.08% to ¥141,697,061.75[2] - The net profit after deducting non-recurring gains and losses surged by 322.29% to ¥34,449,963.36 in Q3 2024, with a year-to-date increase of 46.54%[2] - The company reported a 30.30% increase in total profit year-on-year, attributed to improved gross margins and effective cost control[5] - Net profit for the period reached CNY 159,483,297.15, an increase of 30.4% from CNY 122,277,310.49 in the previous period[12] - Earnings per share (EPS) for the period was CNY 0.23, compared to CNY 0.17 in the previous period, indicating improved profitability[13] - The company reported a total comprehensive income of CNY 161,200,625.44, compared to CNY 124,208,066.88 in the previous period, showing overall growth[13] Assets and Liabilities - Total assets at the end of Q3 2024 reached ¥7,533,835,527.94, reflecting a growth of 2.19% from the end of the previous year[2] - The company's total current assets increased to approximately 5.42 billion RMB from 5.21 billion RMB at the beginning of the period, reflecting a growth of about 4.01%[8] - Total assets reached approximately 7.53 billion RMB, up from 7.37 billion RMB, indicating an increase of about 2.1%[9] - Total liabilities decreased slightly to approximately 2.90 billion RMB from 2.91 billion RMB, a reduction of about 0.05%[9] - The total liabilities increased to CNY 3,085,881,561.80 from CNY 3,026,998,978.19, indicating a rise in financial obligations[12] - The total equity attributable to shareholders reached CNY 3,926,658,103.72, up from CNY 3,834,646,870.63, reflecting a strengthening balance sheet[12] Cash Flow and Investment Activities - Cash flow from operating activities showed a decline of 66.19% year-to-date, totaling ¥34,544,801.92[2] - Cash flow from operating activities generated CNY 34,544,801.92, a significant decrease from CNY 102,162,955.51 in the previous period[14] - The net cash flow from investment activities was -206,453,738.34 CNY, compared to -28,800,135.22 CNY in the previous year, indicating a significant decline[15] - The total cash inflow from investment activities was 3,489,362,678.80 CNY, up from 2,178,327,088.13 CNY year-over-year[15] - The cash outflow for investment activities increased to 3,695,816,417.14 CNY from 2,207,127,223.35 CNY, reflecting a higher investment expenditure[15] - The net cash flow from financing activities was -39,129,163.43 CNY, a decrease from a positive 30,771,589.15 CNY in the same quarter last year[15] - The total cash inflow from financing activities was 25,890,000.00 CNY, down from 168,950,000.00 CNY year-over-year[15] - The cash and cash equivalents at the end of the period were 516,195,594.32 CNY, down from 641,418,030.14 CNY at the end of the previous year[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,468[7] - The largest shareholder, Chen Fucheng, holds 43.82% of the shares, totaling 275,470,809 shares[7] Other Financial Metrics - The company's weighted average return on equity improved to 1.32%, a significant increase of 163.02% compared to the same period last year[2] - Research and development expenses were CNY 192,388,119.70, slightly up from CNY 187,127,324.54, highlighting continued investment in innovation[11] - The company achieved an investment income of CNY 16,308,240.39, down from CNY 19,444,221.10, suggesting a need for strategic adjustments in investment activities[11] - The company reported a long-term equity investment of approximately 9.05 million RMB, up from 8.54 million RMB, reflecting an increase of about 5.8%[9] - The company has not reported any changes in the number of preferred shareholders or significant shareholder activities related to share lending[8] - The report was not audited, which may affect the reliability of the financial data presented[15]