SCGS(SH:600678)2024-10-30 10:15Financial Performance - The operating revenue for Q3 2024 was ¥72,936,356.99, a decrease of 6.20% compared to the same period last year, with a year-to-date revenue of ¥223,532,985.32[2] - The net profit attributable to shareholders for Q3 2024 was ¥4,998,095.61, while the year-to-date net profit was -¥6,164,199.36[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥4,567,060.20, with a year-to-date figure of -¥6,009,314.07[2] - The basic earnings per share for Q3 2024 was ¥0.0143, compared to -¥0.0177 for the same period last year[3] - The company reported a decrease in operating revenue due to a reduction in income from calcium oxide, which decreased by ¥38.36 million, despite an increase in mineral sales revenue by ¥9.39 million[6] - The company experienced a decrease in net profit attributable to shareholders year-to-date due to market factors affecting ore product prices, resulting in a gross profit decrease of 1,091,000 yuan[7] - The company reported a net loss attributable to shareholders of CNY -513,817,831.64 in Q3 2024, compared to CNY -507,653,632.28 in Q3 2023, indicating a slight worsening of financial performance[16] - The net profit for Q3 2024 was -9,857,574.02 RMB, compared to -6,876,267.21 RMB in Q3 2023, indicating a decline in profitability[19] - The total comprehensive income for Q3 2024 was -9,859,179.73 RMB, compared to -6,867,781.61 RMB in the same period last year[20] Cash Flow and Assets - The net cash flow from operating activities for Q3 2024 was ¥23,027,458.44, showing a significant increase of 325.83% year-to-date[3] - The cash flow from operating activities for the first nine months of 2024 was 53,785,787.34 RMB, significantly up from 12,630,685.56 RMB in the same period of 2023[21] - Cash flow from investing activities showed a net outflow of -170,537,708.00 RMB in Q3 2024, compared to -80,312,945.67 RMB in Q3 2023[23] - Cash flow from financing activities generated a net inflow of 106,214,695.48 RMB in Q3 2024, compared to 121,130,324.71 RMB in Q3 2023[23] - The total current assets decreased from CNY 41,500,043.75 to CNY 35,535,513.10, reflecting a decline of approximately 14.5%[25] - The cash and cash equivalents at the end of Q3 2024 were 36,613,908.02 RMB, down from 72,916,906.70 RMB at the end of Q3 2023[23] Liabilities and Equity - The total assets at the end of Q3 2024 were ¥1,021,689,068.37, an increase of 8.91% compared to the end of the previous year[3] - Total liabilities rose to CNY 794,005,867.30 in Q3 2024, compared to CNY 707,507,450.03 in Q3 2023, marking an increase of 12.2%[16] - Non-current liabilities totaled CNY 418,946,979.97 in Q3 2024, significantly higher than CNY 182,604,932.91 in Q3 2023, indicating a growth of 129.5%[16] - The total equity attributable to shareholders was CNY 224,089,832.74 in Q3 2024, a marginal increase from CNY 223,814,542.39 in Q3 2023[16] Operational Highlights - The company's operating revenue for the current period increased by 770,000 yuan, driven by a 3,277,000 yuan increase in ore sales volume, while logistics revenue increased by 1,023,000 yuan[7] - Research and development expenses increased by 146,000 yuan for the year-to-date period, indicating a focus on innovation and product development[7] - The logistics sector's gross profit increased by 564,000 yuan, primarily due to increased sales volume in the logistics segment[7] - The company received government subsidies amounting to 349,000 yuan, positively impacting net profit[7] - The company reported a decrease in financial expenses, contributing to a year-on-year increase in net profit by 117,000 yuan[8] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 56,757, indicating a stable shareholder base[9] - The company has no known related party relationships among its top ten shareholders[12] - The company has not engaged in any securities lending activities among its top shareholders[12] Future Outlook - The company decided to terminate the plan for a specific stock issuance due to changes in the capital market environment and its own development needs[12] - The total new guarantee limit for 2024 is set at RMB 650 million, with a maximum of RMB 300 million for subsidiaries with a debt-to-asset ratio above 70%[12]