SUNWARD(002097)2024-10-30 10:15Financial Performance - The company's operating revenue for Q3 2024 was ¥1,523,422,012.68, representing a year-on-year increase of 0.76% compared to ¥1,511,950,833.46 in the same period last year[3]. - The net profit attributable to shareholders for Q3 2024 was ¥682,702.11, a significant improvement of 171.08% from a loss of ¥960,464.92 in the previous year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥27,635,805.14, which is a 16.48% improvement from -¥33,087,669.89 in the same period last year[3]. - The basic earnings per share for Q3 2024 was -¥0.0009, showing a 166.67% increase from -¥0.0009 in the previous year[3]. - Total operating revenue for Q3 2024 was CNY 5,164,681,698.60, a decrease of 1.84% compared to CNY 5,261,834,289.34 in the same period last year[15]. - Net profit for Q3 2024 was CNY 10,606,098.73, a significant decrease of 76.5% compared to CNY 45,003,570.57 in Q3 2023[15]. - The net profit attributable to shareholders of the parent company decreased to CNY 34,818,745.23 from CNY 46,792,263.98, representing a decline of approximately 25.5% year-over-year[16]. - The company reported a comprehensive income total of CNY 8,265,039.83, down from CNY 101,016,685.94 in the previous period[16]. - Basic and diluted earnings per share were both CNY 0.0324, compared to CNY 0.0430 in the same period last year[16]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥21,319,006,030.19, reflecting a 2.05% increase from ¥20,891,162,290.01 at the end of the previous year[3]. - The total assets at the end of Q3 2024 amounted to CNY 21,319,006,030.19, an increase from CNY 20,891,162,290.01 at the beginning of the period[14]. - The total liabilities as of Q3 2024 were CNY 16,601,676,470.51, up from CNY 16,129,872,571.45 at the start of the period[14]. - The company reported a decrease in long-term borrowings to CNY 5,782,497,710.34 from CNY 6,267,236,503.19, indicating a reduction in debt levels[14]. - The total equity attributable to shareholders was CNY 4,576,151,666.82, slightly down from CNY 4,591,906,776.44[14]. Cash Flow - The company's cash flow from operating activities showed a significant improvement, with a net cash flow of ¥91,593,604.81 compared to a loss of -¥1,444,952,017.78 in the previous year[3]. - The net cash flow from operating activities was CNY 91,593,604.81, a significant improvement compared to a net outflow of CNY 1,444,952,017.78 in the previous period[17]. - Total cash inflow from operating activities increased to CNY 4,883,087,164.24, up from CNY 4,303,975,407.77, marking an increase of about 13.4%[17]. - The total cash outflow from operating activities decreased to CNY 4,791,493,559.43 from CNY 5,748,927,425.55, indicating a reduction of approximately 16.7%[17]. - Cash and cash equivalents at the end of the period amounted to CNY 1,633,909,927.22, compared to CNY 1,418,609,920.63 at the end of the previous period[17]. - The company's cash and cash equivalents at the end of the reporting period were approximately ¥1.76 billion, down from ¥1.93 billion at the beginning of the period[12]. - The company's cash and cash equivalents decreased to CNY 1,531,691,444.46 from CNY 887,061,666.66, indicating a liquidity challenge[14]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 82,465[8]. - The largest shareholder, Guangzhou Wanli Investment Holdings Co., Ltd., holds 14.11% of shares, totaling 151,593,848 shares[10]. - The second-largest shareholder, Guangzhou Hengyi Investment Development Partnership (Limited Partnership), holds 11.03% of shares, totaling 118,554,614 shares[10]. - The company has not disclosed any related party relationships among the top shareholders[10]. - There were no shares involved in margin trading or securities lending among the top shareholders[11]. Operational Metrics - The company reported a decrease in accounts receivable by 48.19%, from ¥148,451,777.55 to ¥76,916,328.83, primarily due to the maturity and payment of notes[7]. - The company increased its long-term receivables by 35.99%, from ¥168,954,737.54 to ¥229,759,414.75, mainly due to installment sales[7]. - Research and development expenses rose by 94.79%, from ¥26,894,571.26 to ¥52,387,183.63, attributed to increased prototype development activities[7]. - Research and development expenses for Q3 2024 were CNY 172,269,708.56, down from CNY 201,534,515.51, suggesting a potential shift in R&D focus[15]. - The company experienced a 72.67% increase in short-term borrowings, rising from ¥887,061,666.66 to ¥1,531,691,444.46, mainly due to increased bank borrowings[7]. - The company reported a decrease in contract assets from approximately ¥295.84 million to ¥268.94 million[12]. - The company has increased its contract liabilities to CNY 448,204,063.39 from CNY 353,614,670.00, indicating growth in future revenue commitments[14]. - Inventory increased from approximately ¥3.18 billion to ¥3.27 billion[12].