PPF(300258)2024-10-21 08:21Financial Performance - Revenue for Q3 2024 was CNY 460,163,324.33, a decrease of 17.52% year-over-year, while year-to-date revenue reached CNY 1,467,241,293.63, down 2.54% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was CNY 22,515,502.68, down 62.45% year-over-year, with year-to-date net profit at CNY 116,079,664.79, a decline of 38.28%[2]. - Basic earnings per share for Q3 2024 was CNY 0.0467, a decrease of 60.85% compared to the same period last year, while diluted earnings per share was CNY 0.0471, down 65.06%[2]. - Total operating revenue for Q3 2024 was CNY 1,467,241,293.63, a decrease of 2.54% compared to CNY 1,505,543,207.14 in the same period last year[15]. - Net profit for Q3 2024 was CNY 115,868,741.31, down 37.84% from CNY 186,594,454.97 in Q3 2023[16]. - Total comprehensive income attributable to the parent company was CNY 119,488,428.01, compared to CNY 183,982,545.91 in the previous period, reflecting a decrease[17]. Assets and Liabilities - Total assets as of the end of Q3 2024 were CNY 6,725,823,000.13, reflecting a 7.51% increase from the end of the previous year[2]. - The company's total liabilities reached CNY 2,939,722,088.16, an increase of 17.66% compared to CNY 2,499,642,399.07 in the previous year[14]. - Total equity attributable to shareholders of the parent company was CNY 3,780,768,960.38, up from CNY 3,750,682,309.40 year-on-year[14]. - The company's total assets reached CNY 6,725,823,000.13, up from CNY 6,255,867,583.54 year-on-year[14]. - The total amount of short-term borrowings was CNY 923,119,103.03, compared to CNY 565,907,050.47 in the previous year, reflecting a significant increase[14]. Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 354,071,472.29, a decrease of 19.93% compared to the same period last year[2]. - Net cash flow from operating activities was CNY 354,071,472.29, a decline from CNY 442,189,441.53 in the previous period[18]. - Cash inflow from operating activities totaled CNY 1,614,027,291.27, slightly down from CNY 1,616,598,037.13 in the previous period[18]. - Cash outflow from investing activities was CNY 4,579,034,562.35, compared to CNY 2,561,711,776.60 in the previous period, indicating increased investment expenditures[19]. - Net cash flow from financing activities decreased by 47.94% to CNY 381,452,169.87, primarily due to the absence of funds raised from convertible bonds compared to the previous year[8]. - The company reported a decrease in cash received from sales of goods and services, totaling CNY 1,520,670,204.98, compared to CNY 1,491,453,675.74 in the previous period[18]. Expenses - Sales expenses increased by 32.26% year-over-year to CNY 12,001,255.68, primarily due to higher employee stock plan costs and quality claims[5]. - Financial expenses surged by 918.29% to CNY 41,260,876.00, mainly due to reduced exchange gains and increased convertible bond interest expenses[8]. - Total operating costs amounted to CNY 1,365,208,438.80, an increase of 4.83% from CNY 1,302,925,835.53 in the previous year[15]. - Research and development expenses for the quarter were CNY 90,977,442.22, an increase of 29.5% compared to CNY 70,282,832.97 in the previous year[15]. - The company’s financial expenses increased to CNY 41,260,876.00, compared to CNY 4,051,995.56 in the previous year, indicating a substantial rise in financing costs[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,353[9]. - Jiangsu Dayang Investment Co., Ltd. holds 40.27% of shares, totaling 194,012,971 shares[9]. - The company has a significant shareholder relationship, with Jiangsu Dayang Investment being the controlling shareholder[10]. - The company has no preferred shareholders or changes in restricted shares during the reporting period[11].