SEC(SH:603988)2024-10-30 12:02Financial Performance - The company's operating revenue for Q3 2024 was ¥176,817,600.98, representing a year-over-year increase of 0.64%[1] - The net profit attributable to shareholders for Q3 2024 was ¥11,195,979.11, showing a significant increase of 5,148.35% compared to the same period last year[1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,867,609.60, reflecting a substantial increase of 243.46% year-over-year[1] - The basic earnings per share for Q3 2024 was ¥0.05, a dramatic increase of 4,900% compared to a loss of ¥0.06 in the same period last year[2] - The total profit for the year-to-date period is -179.54 million, primarily due to a decrease in operating income and a decline in the fair value of equity investments[6] - Net profit for the third quarter of 2024 was CNY -13,619,590.07, compared to a net profit of CNY 10,515,806.62 in the same quarter of 2023, indicating a significant decline[15] - The total comprehensive income attributable to the parent company for Q3 2024 was -13,619,590.07 CNY, compared to 10,515,806.62 CNY in Q3 2023, indicating a significant decline[16] - Basic and diluted earnings per share for Q3 2024 were both -0.06 CNY, down from 0.04 CNY in Q3 2023[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥44,312,733.53, an increase of 6,469.93% compared to the same period last year[1] - The net cash flow from operating activities for Q3 2024 was 44,312,733.53 CNY, recovering from a negative cash flow of -695,654.98 CNY in Q3 2023[18] - Cash inflows from operating activities for the first three quarters of 2024 were 504,857,088.80 CNY, a decrease of 13.4% from 582,909,145.19 CNY in the same period of 2023[17] - Cash outflows from operating activities for the first three quarters of 2024 were 469,005,632.03 CNY, down from 618,939,546.27 CNY in the same period of 2023[18] - The company reported a cash inflow from tax refunds of 1,627,747.88 CNY in Q3 2024, compared to 692,003.09 CNY in Q3 2023[17] - The company’s cash outflows for employee compensation in Q3 2024 were 109,418,074.77 CNY, slightly down from 117,642,115.94 CNY in Q3 2023[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,111,161,054.11, a slight decrease of 0.06% compared to the end of the previous year[2] - The company's total assets as of the end of the third quarter of 2024 were CNY 1,111,161,054.11, slightly down from CNY 1,111,832,237.27 at the end of 2023[13] - Total liabilities increased to CNY 453,400,286.63 in the third quarter of 2024, compared to CNY 447,245,667.30 in the same period of 2023, reflecting a rise of 1.73%[12] - The total equity attributable to shareholders of the parent company decreased to CNY 657,760,767.48 from CNY 664,586,569.97, a decline of 1.30%[13] Investments and Expenses - The company reported a significant decrease of 51.28% in trading financial assets at the end of the reporting period, primarily due to a decline in the fair value of equity investments[5] - The company reported a decrease in financial expenses for the year-to-date period by 127.69 million, mainly due to reduced discount expenses[6] - Research and development expenses for the first three quarters of 2024 were CNY 16,782,538.34, down 18.00% from CNY 20,557,171.68 in the same period of 2023[14] - The company's inventory increased to CNY 346,632,311.82, up 30.77% from CNY 264,904,074.68 in the previous year[12] - The inventory at the end of the reporting period is 30.85 million, mainly due to increased investment in wind power compared to the same period last year[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 33,622[7] - The company has a total of 55,202,000 shares held by Ningbo JunTuo Enterprise Management Co., Ltd., accounting for 23.47% of the total shares[7] Other Financial Metrics - The weighted average return on equity increased to 1.72%, up by 1.69 percentage points from the previous year[2] - Non-recurring gains and losses included government subsidies amounting to ¥1,074,803.29 for the current period[3] - The deferred income tax liabilities at the end of the reporting period are -100.00 million, primarily due to adjustments related to the fair value changes of equity investments[6] - The company has no investment activities for the year-to-date period, resulting in an investment cash flow of -100.00 million[6] - The company experienced a positive impact of 1,068,299.70 CNY from exchange rate fluctuations on cash and cash equivalents in Q3 2024[19]