Three-V(603033)2024-10-24 10:17Financial Performance - The company's operating revenue for Q3 2024 was ¥1,186,357,095.72, representing a year-on-year increase of 16.83%[2] - The net profit attributable to shareholders for Q3 2024 was a loss of ¥6,111,142.82, a decrease of 114.67% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was a loss of ¥11,254,407.91, down 130.49% year-on-year[2] - The basic earnings per share for Q3 2024 was -¥0.006, a decrease of 115% compared to the same period last year[4] - The net profit for Q3 2024 was CNY 67,539,270.30, a decrease of 59.6% compared to CNY 167,217,879.61 in Q3 2023[18] - The total comprehensive income for Q3 2024 was CNY 67,539,270.30, compared to CNY 167,217,879.61 in Q3 2023, a decrease of 59.6%[19] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥11,035,510,764.79, an increase of 4.66% from the end of the previous year[4] - Total liabilities rose to ¥7,443,372,910.98, up from ¥6,948,889,951.75, indicating an increase of 7.1%[16] - Non-current assets totaled ¥8,719,780,577.92, an increase from ¥8,210,668,101.48, representing a growth of 6.2%[16] - The total equity attributable to shareholders decreased slightly to ¥3,460,791,013.93 from ¥3,483,038,992.65, a decrease of 0.6%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥364,136,019.66, an increase of 14.04% year-on-year[2] - The cash flow from operating activities for Q3 2024 was CNY 364,136,019.66, compared to CNY 319,299,562.11 in Q3 2023, reflecting a growth of 14.0%[21] - The cash and cash equivalents at the end of Q3 2024 were CNY 55,627,197.94, down from CNY 141,498,511.31 at the end of Q3 2023, a decline of 60.7%[21] - The company's cash and cash equivalents amounted to ¥215,097,501.55, a decrease from ¥262,436,936.03 as of December 31, 2023, representing a decline of approximately 18%[14] Investment and Costs - The company experienced a significant decline in investment income due to the poor performance of its joint ventures in the current period[7] - The decline in net profit was primarily attributed to increased material costs and changes in sales prices, leading to a decrease in overall product gross margin[7] - Total operating costs for the same period were ¥3,601,133,734.70, up from ¥2,729,622,177.90, reflecting a year-over-year increase of 32%[17] - The company reported a net investment loss of ¥724,369.80, contrasting with a profit of ¥85,228,081.89 in the previous year[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,673, with the top ten shareholders holding a significant portion of the shares[11] - The largest shareholder, Ye Jiyue, holds 374,549,972 shares, representing 36.32% of the total shares[11] - The company has approved a share repurchase plan to buy back shares through centralized bidding on the Shanghai Stock Exchange[12] - The company has repurchased a total of 2,416,345 shares, accounting for 0.23% of the current total share capital, with a total expenditure of ¥32,995,768.45[13] Other Financial Metrics - Non-recurring gains for the year-to-date amounted to ¥5,143,265.09, with government subsidies contributing ¥5,682,210.31[6] - Research and development expenses decreased to ¥43,848,571.08 from ¥61,924,431.45, a reduction of approximately 29.2%[17] - The company's other receivables decreased to ¥70,156,950.03 from ¥89,088,303.89, showing a decline of approximately 21.3%[14] - Accounts receivable increased to ¥1,152,764,628.97 from ¥1,066,484,939.28, reflecting a growth of about 8.1%[14] - The inventory decreased to ¥567,654,878.89 from ¥623,748,090.35, indicating a reduction of approximately 9%[14] - The company reported a significant increase in prepayments, rising to ¥177,489,006.28 from ¥88,360,243.99, which is an increase of about 100.5%[14]