ZJDR(SH:600113)2024-10-30 12:34Financial Performance - The company's operating revenue for Q3 2024 was ¥191,975,181.93, representing a year-on-year increase of 5.07%[2] - The net profit attributable to shareholders for Q3 2024 was ¥43,891,161.68, showing a decrease of 11.76% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥43,199,451.10, down 7.11% year-on-year[2] - The basic and diluted earnings per share for Q3 2024 were both ¥0.10, reflecting a decrease of 16.67% compared to the same quarter last year[3] - Total operating revenue for the first three quarters of 2024 reached ¥543,536,222.21, an increase of 2.5% compared to ¥528,224,880.52 in the same period of 2023[14] - Net profit for the first three quarters of 2024 was ¥93,827,499.85, compared to ¥91,530,593.69 in 2023, showing a growth of about 2.5%[15] - The total equity attributable to shareholders of the parent company increased to ¥2,375,469,546.22, up from ¥2,332,668,694.07, marking a growth of about 1.8%[13] - Basic earnings per share for the first three quarters were ¥0.25, unchanged from the previous year[16] Cash Flow - The cash flow from operating activities for the year-to-date was ¥5,425,167.64, down 91.00% compared to the same period last year[2][6] - The company reported a significant decrease in cash flow from operating activities due to the absence of similar subsidy income received in the previous year[6] - The company’s cash flow from operating activities showed a positive trend, contributing to overall financial stability[16] - In the first three quarters of 2024, the cash inflow from operating activities was CNY 543,083,880.37, a decrease of 19.88% compared to CNY 677,652,915.98 in the same period of 2023[17] - The net cash outflow from operating activities was CNY 5,425,167.64, significantly down from CNY 60,249,886.83 in the previous year, indicating a decline in operational performance[18] - The company reported a total cash outflow of CNY 537,658,712.73 from operating activities, a decrease of 13% compared to CNY 617,403,029.15 in the same period last year[18] - The cash inflow from investment activities totaled CNY 31,803,744.81, a sharp decrease of 93.06% compared to CNY 459,220,581.91 in the same period last year[18] - The net cash outflow from investment activities was CNY 216,130,053.72, contrasting with a net inflow of CNY 338,290,172.49 in 2023, reflecting a significant shift in investment strategy[18] - The cash inflow from financing activities was CNY 54,704,000.00, down 23.63% from CNY 71,625,973.54 in the previous year[18] - The net cash outflow from financing activities was CNY 113,194,868.43, worsening from a net outflow of CNY 64,170,110.32 in the same period last year[18] - The net increase in cash and cash equivalents was CNY -323,899,754.51, compared to an increase of CNY 334,369,949.00 in the previous year, indicating liquidity challenges[19] - The ending balance of cash and cash equivalents was CNY 365,333,988.84, down from CNY 938,981,209.31 at the end of the previous year, showing a significant reduction in available cash[19] - The company’s cash flow management strategies may need reassessment given the substantial declines in both operating and investment cash flows[18] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥3,570,495,887.93, a decrease of 4.44% from the end of the previous year[3] - The company's total liabilities decreased to ¥1,050,223,501.89 from ¥1,252,135,115.09, a reduction of approximately 16.1%[12] - Total current assets decreased to ¥1,509,037,378.17 from ¥1,650,098,212.46, a decline of 8.56%[11] - Non-current assets totaled ¥2,061,458,509.76, down from ¥2,086,378,513.36, a decrease of 1.19%[11] - Total assets decreased to ¥3,570,495,887.93 from ¥3,736,476,725.82, a decline of 4.44%[11] - The company reported a significant increase in other receivables, rising to ¥85,890,824.55 from ¥67,462,413.94, an increase of 27.36%[9] - Accounts receivable increased to ¥48,271,135.07 from ¥26,589,567.59, representing an increase of 81.67% year-over-year[9] - Short-term borrowings amounted to ¥10,000,000.00, indicating new financing activity[11] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period is 21,056[7] - The largest shareholder, Wenzhou Dongfang Group Co., Ltd., holds 202,807,800 shares, accounting for 48.13% of total shares[7] Expenses - Total operating costs increased to ¥410,826,012.35, up from ¥392,895,781.30, reflecting a rise of approximately 4.3%[14] - Research and development expenses for the first three quarters were ¥6,527,775.72, slightly down from ¥6,561,221.14 in the previous year[14] - The company reported a decrease in tax expenses to ¥36,375,084.83 from ¥55,371,340.88, a reduction of approximately 34.3%[15] - The weighted average return on equity decreased to 1.85%, down 20.26 percentage points from the previous year[3]