CTC(SH:603060)2024-10-30 10:35Financial Performance - The company's operating revenue for Q3 2024 was ¥610,805,245.99, representing a year-on-year increase of 2.63%[1] - The net profit attributable to shareholders for Q3 2024 was ¥44,934,985.41, a decrease of 1.82% compared to the same period last year[1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥35,857,425.89, down by 1.57% year-on-year[1] - The basic earnings per share for Q3 2024 was ¥0.0559, reflecting a decrease of 2.10% from the previous year[1] - Total operating revenue for the first three quarters of 2024 reached CNY 1,651,962,233.36, a 3.4% increase from CNY 1,599,686,495.29 in the same period of 2023[10] - Net profit for the first three quarters of 2024 was CNY 80,058,431.71, a decrease of 3.7% compared to CNY 83,095,453.96 in 2023[11] - Earnings per share (EPS) for the first three quarters of 2024 was CNY 0.0887, down from CNY 0.0921 in the same period last year[12] - Comprehensive income for the first three quarters of 2024 totaled CNY 80,458,015.14, an increase from CNY 69,704,732.96 in 2023[12] - Operating profit for the first three quarters of 2024 was CNY 91,152,853.74, compared to CNY 88,915,468.88 in the same period of 2023, reflecting a growth of 2.8%[11] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,155,728,874.82, an increase of 1.74% compared to the end of the previous year[2] - Current assets totaled ¥2,091,630,541.63, compared to ¥2,007,540,126.08 at the end of 2023, indicating an increase of about 4.18%[7] - The company's cash and cash equivalents decreased to ¥234,384,201.85 from ¥388,918,346.29, representing a decline of approximately 39.6%[6] - Short-term borrowings rose significantly to ¥1,070,018,551.99 from ¥742,723,704.81, marking an increase of about 44.4%[7] - The total liabilities increased to ¥2,648,651,686.07 from ¥2,491,197,449.54, which is an increase of approximately 6.32%[8] - The equity attributable to shareholders at the end of the reporting period was ¥1,879,277,889.23, a decrease of 1.71% from the previous year[2] - The company's total equity decreased to ¥2,507,077,188.76 from ¥2,576,382,226.75, reflecting a decline of about 2.68%[9] Cash Flow - The net cash flow from operating activities for the year-to-date was reported as -¥11,698,144.05, a significant decrease of 148.72% year-on-year[3] - Cash flow from operating activities was CNY 1,560,242,043.33, a slight decrease from CNY 1,576,123,129.80 in the same period last year[12] - In the first three quarters of 2024, the net cash flow from operating activities was -11,698,144.05, a decrease from 24,012,144.05 in the same period of 2023[13] - Total cash inflow from financing activities increased to 1,637,322,717.19 in 2024, compared to 1,074,081,256.00 in 2023, representing a growth of approximately 52.4%[14] - The cash outflow for financing activities was 1,620,435,021.16 in 2024, up from 830,697,895.61 in 2023, indicating a significant increase of about 95%[14] - The cash flow from investment activities showed a net outflow of -149,892,023.75 in 2024, an improvement from -352,325,371.92 in 2023[13] Government Support and Expenses - The company received government subsidies amounting to ¥10,629,098.99 during the reporting period, contributing positively to the financial results[2] - Research and development expenses for the first three quarters of 2024 were CNY 144,808,457.53, slightly down from CNY 149,586,969.74 in 2023[10] - Tax expenses for the first three quarters of 2024 were CNY 19,242,505.81, up from CNY 14,821,050.19 in 2023[11] - The company paid 724,126,048.58 in cash to employees in 2024, a decrease from 747,401,012.91 in 2023, which is a reduction of approximately 3.1%[13] Inventory and Contract Assets - Contract assets surged to ¥255,878,422.10 from ¥105,335,475.94, showing a significant increase of approximately 143.5%[7] - The company's inventory increased to ¥134,212,190.18 from ¥90,818,227.70, representing a growth of about 47.5%[6]