MILKYWAY(603713)2024-10-16 08:35Financial Performance - The company's operating revenue for Q3 2024 reached ¥3,560,526,125.27, representing a year-on-year increase of 14.90%[2] - Net profit attributable to shareholders was ¥179,247,000.28, up 19.88% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥162,403,073.06, reflecting a 15.61% increase year-on-year[2] - Basic earnings per share for the quarter were ¥1.09, an increase of 19.78% year-on-year[3] - The net profit attributable to the parent company for Q3 2024 was ¥490,226,000.44, an increase from ¥402,884,372.39 in Q3 2023, representing a growth of approximately 21.6%[15] - The total comprehensive income for Q3 2024 reached ¥551,671,268.74, compared to ¥430,732,371.31 in Q3 2023, indicating an increase of about 28.0%[15] Cash Flow - The net cash flow from operating activities was ¥72,072,497.37, a significant increase of 137.55% compared to the same period last year[3] - The net cash flow from operating activities for the first three quarters of 2024 was -¥160,179,907.07, a decline from ¥400,765,960.69 in the first three quarters of 2023[16] - Cash inflows from operating activities for the first three quarters of 2024 amounted to ¥8,722,511,229.64, compared to ¥7,402,713,239.26 in the same period of 2023, marking an increase of approximately 17.8%[16] - Cash inflows from investment activities totaled ¥607,385,407.47 in the first three quarters of 2024, down from ¥1,323,827,588.56 in the same period of 2023, representing a decrease of about 54.2%[17] - The net cash flow from financing activities for the first three quarters of 2024 was ¥658,855,073.10, slightly down from ¥691,424,077.20 in the same period of 2023[17] - The company reported a decrease in cash received from other operating activities, totaling ¥96,080,691.93 in the first three quarters of 2024, compared to ¥266,568,207.94 in the same period of 2023, a decline of approximately 64.0%[16] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥12,530,196,574.16, marking a 12.65% increase from the end of the previous year[3] - Non-current assets totaled CNY 5,594,563,088.01, an increase from CNY 5,362,229,923.60 year-over-year[11] - Total liabilities increased to CNY 7,716,958,206.66 from CNY 6,757,423,143.86, a rise of 14.2%[12] - Shareholder equity rose to CNY 4,813,238,367.50 from CNY 4,366,110,677.14, an increase of 10.2%[12] Shareholder Information - The company reported a total of 11,262 common shareholders at the end of the reporting period[8] - The top three shareholders, including Chen Yinhai, hold a combined 52.06% of the shares, indicating significant control over the company[8] - There are no significant changes in the participation of major shareholders in margin trading or securities lending activities[8] Operational Highlights - The company has not disclosed any new product developments or technological advancements in this quarter[9] - The company has not reported any mergers or acquisitions during this period[9] - No other important operational information was highlighted for investor attention in this quarter[9] Revenue and Costs - Total revenue for the first nine months of 2024 reached CNY 9,553,014,724.20, a 25.3% increase from CNY 7,626,521,734.36 in the same period of 2023[12] - Operating costs for the first nine months of 2024 were CNY 8,944,017,032.15, up from CNY 7,128,043,093.82, reflecting a 25.5% increase[12] - Research and development expenses for the first nine months of 2024 were CNY 48,541,024.27, compared to CNY 31,956,083.28 in the same period of 2023, a 52.0% increase[14] Current Assets - As of September 30, 2024, the total current assets amounted to approximately CNY 6.94 billion, an increase from CNY 5.76 billion at the end of 2023, representing a growth of about 20.4%[10] - The cash and cash equivalents reached CNY 1.30 billion, up from CNY 1.23 billion, indicating a growth of approximately 5.5%[10] - Accounts receivable increased significantly to CNY 3.23 billion from CNY 2.11 billion, reflecting a rise of about 53%[10] - Inventory decreased to CNY 466.51 million from CNY 791.07 million, showing a decline of approximately 41%[10] Accounting Standards - The company did not apply new accounting standards or interpretations for the first time in 2024[18]