HZSY(SH:600191)2024-10-30 10:17Financial Performance - The company's operating revenue for Q3 2024 was ¥164,161,003.25, representing a year-on-year increase of 9.28%[2] - Net profit attributable to shareholders for Q3 2024 reached ¥36,173,713.23, a significant increase of 310.58% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥9,468,162.96, up by 150.74% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.0746, reflecting a 310.58% increase compared to the same period last year[2] - The weighted average return on equity for Q3 2024 was 2.27%, an increase of 3.4 percentage points from the previous year[4] - The company's net profit for the first three quarters of 2024 was CNY 469,189,341.67, an increase from CNY 213,833,267.37 in the same period of 2023, representing a growth of 119.0%[17] - The net profit for the first three quarters of 2024 reached CNY 43,406,173.70, a significant increase from CNY 28,149,831.77 in the same period of 2023, representing a growth of approximately 54%[19] - The total comprehensive income for the first three quarters of 2024 was CNY 54,982,578.21, compared to CNY 35,492,315.90 in 2023, indicating an increase of about 55%[19] - Basic and diluted earnings per share for the period were CNY 0.0895, up from CNY 0.0580 in the same period of 2023, marking an increase of approximately 54%[19] Assets and Liabilities - Total assets as of the end of Q3 2024 amounted to ¥1,900,205,851.41, a decrease of 1.94% compared to the end of the previous year[4] - The equity attributable to shareholders increased to ¥1,643,060,169.05, marking a year-on-year growth of 6.79%[4] - Accounts receivable increased to CNY 28,981,174.40 as of September 30, 2024, compared to CNY 20,396,662.89 at the end of 2023, marking an increase of 42.3%[15] - Inventory decreased significantly to CNY 29,022,854.73 from CNY 130,518,059.99, indicating a reduction of 77.8%[15] - Non-current assets totaled CNY 1,744,744,186.76 as of September 30, 2024, compared to CNY 1,667,178,092.86 at the end of 2023, reflecting an increase of 4.6%[16] - Total liabilities decreased to CNY 257,145,682.36 from CNY 399,095,247.51, a reduction of 35.5%[17] - The total assets of the company as of September 30, 2024, were CNY 1,900,205,851.41, down from CNY 1,937,731,060.13 at the end of 2023, a decrease of 1.9%[16] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥68,237,644.10, showing a 6.62% increase compared to the same period last year[2] - Cash flow from operating activities generated a net amount of CNY 68,237,644.10 in the first three quarters of 2024, slightly up from CNY 64,000,951.43 in 2023[21] - Cash inflow from investment activities totaled CNY 302,270,152.83 in the first three quarters of 2024, a substantial increase from CNY 50,092,089.44 in the same period of 2023[21] - The cash outflow for purchasing fixed assets and other long-term assets was CNY 271,925,562.42 in 2024, compared to CNY 70,297,770.43 in 2023, reflecting a significant increase in capital expenditures[22] - The net cash flow from financing activities was negative at CNY -120,690,773.87 in the first three quarters of 2024, compared to CNY -3,018,782.04 in 2023, indicating increased cash outflows for debt repayment[22] - The company reported a decrease in cash and cash equivalents at the end of the period, totaling CNY 25,011,124.23, down from CNY 46,309,845.10 in the previous year[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,190[9] - The largest shareholder, Hainan Shengtai Chuangfa Industrial Co., Ltd., holds 144,994,030 shares, accounting for 29.90% of total shares[9] - The second largest shareholder, Shitong Investment (Shandong) Co., Ltd., holds 85,404,925 shares, representing 17.61% of total shares[9] - The company has no related party transactions among its top three shareholders[10] - The top ten shareholders do not participate in margin trading or securities lending[10] Investments and Projects - The company has approved an additional investment of RMB 110.5931 million in the Huangyuan Gum project, raising the total investment to RMB 600.5397 million[12] - The Huangyuan Gum project has completed major construction and has commenced trial production[12] - The company has sold all of its shares in Huaxia Bank as of the end of the reporting period[14] - The company plans to issue A-shares to specific investors with a total financing amount not exceeding RMB 300 million, subject to regulatory approval[13] - The company is currently coordinating with relevant institutions to advance the stock issuance process[13] Non-recurring Gains and Losses - Non-recurring gains and losses for the year-to-date period totaled ¥26,705,550.27, down from ¥37,144,662.35 in the previous year[6] - The company reported a decrease in net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date period by 74.10% due to reduced investment income[7] Operating Costs - Total operating revenue for the first three quarters of 2024 was CNY 413,529,943.02, a decrease of 3.0% compared to CNY 426,766,831.65 in the same period of 2023[18] - Total operating costs for the first three quarters of 2024 were CNY 428,404,934.37, down from CNY 436,754,243.18 in 2023, reflecting a reduction of 1.6%[18] Credit Impairment - The company reported a significant increase in credit impairment losses to CNY 38,510,970.61 from CNY 4,884,445.41, indicating a rise of 687.5%[18]