JEE(688162)2024-10-25 11:02Financial Performance - The company's operating revenue for Q3 2024 was ¥828,302,996.76, representing a decrease of 3.91% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥43,516,815.67 for the quarter, with a year-to-date net profit of -¥20,037,893.37, indicating a significant reduction in losses[3]. - The basic earnings per share for Q3 2024 was -0.32, compared to -0.15 for the year-to-date period[3]. - Total operating revenue for the first three quarters of 2024 was CNY 2,335,272,742.25, a slight decrease of 0.4% compared to CNY 2,343,368,250.84 in the same period of 2023[14]. - The net profit for Q3 2024 was -19,701,935.21 CNY, compared to -88,044,263.68 CNY in Q3 2023, showing an improvement[15]. - The total comprehensive income for Q3 2024 was -15,404,646.14 CNY, compared to -87,025,833.25 CNY in Q3 2023[16]. - The basic earnings per share for Q3 2024 was -0.15 CNY, an improvement from -0.64 CNY in Q3 2023[16]. - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided data[14]. - The company reported a net profit of CNY 326,834,953.89 for the first three quarters of 2024, compared to CNY 243,846,730.44 in the same period of 2023, reflecting a significant increase[22]. - The total profit for Q3 2024 reached CNY 76,371,376.33, compared to CNY 2,742,330.08 in the same period last year, indicating a substantial increase[24]. Cash Flow and Liquidity - The company's cash flow from operating activities for the year-to-date period was ¥118,793,303.76, indicating improved cash collection from customers[7]. - Cash flow from operating activities for the first three quarters of 2024 was 118,793,303.76 CNY, a significant recovery from -770,745,916.09 CNY in the same period of 2023[18]. - Cash inflow from operating activities totaled 2,481,224,987.05 CNY, compared to 2,138,897,365.37 CNY in the previous year[17]. - Cash outflow from operating activities was 2,362,431,683.29 CNY, down from 2,909,643,281.46 CNY in Q3 2023[18]. - The company reported cash and cash equivalents decreased by 392,190,704.32 CNY in Q3 2024, compared to a decrease of 832,609,622.53 CNY in Q3 2023[18]. - Cash and cash equivalents at the end of Q3 2024 were CNY 616,588,433.40, an increase from CNY 575,716,127.69 at the end of 2023[21]. - Cash and cash equivalents at the end of Q3 2024 totaled CNY 244,035,743.50, down from CNY 361,794,202.95 at the end of Q3 2023[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,278,971,627.60, reflecting a 1.64% increase from the end of the previous year[3]. - Total assets reached CNY 7,278,971,627.60, an increase from CNY 7,161,170,561.75 year-on-year[13]. - Total liabilities amounted to CNY 4,951,625,372.31, compared to CNY 4,831,705,419.59 in the previous year[13]. - Non-current liabilities increased significantly to CNY 450,617,552.69 from CNY 144,854,125.99 year-on-year[13]. - Total current assets increased to ¥6,126,800,337.82 from ¥6,009,009,575.63, reflecting a growth of about 2%[11]. - Accounts receivable decreased to ¥821,599,083.16 from ¥975,617,242.09, indicating a reduction of approximately 16%[11]. - Inventory increased slightly to ¥2,957,336,057.51 from ¥2,903,584,789.50, showing an increase of about 2%[11]. - The total equity increased to CNY 2,544,890,872.06 from CNY 2,445,724,187.15, indicating a growth in shareholder value[22]. Research and Development - Research and development expenses totaled ¥53,449,855.51 for the quarter, accounting for 6.45% of operating revenue, a decrease of 2.20 percentage points year-on-year[3]. - Research and development expenses for the first three quarters were CNY 164,099,116.68, a decrease of 20.4% compared to CNY 206,012,635.35 in the previous year[14]. - Research and development expenses for the first three quarters of 2024 were CNY 87,925,637.26, down from CNY 114,233,452.93 in 2023, indicating a reduction of approximately 23%[23]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,025, with the largest shareholder, Liu Lei, holding 60,030,000 shares, representing 43.72% of the total[9]. - The second-largest shareholder, Hefei University of Technology Asset Management Co., held 7,560,000 shares, accounting for 5.51%[9]. - The company has not reported any significant changes in the participation of major shareholders in margin financing or securities lending activities[10]. Future Outlook - Future outlook includes potential market expansion and new product development, although specific strategies were not detailed in the provided content[14]. - The company has implemented new accounting policies affecting the recognition of warranty costs, which may impact future financial reporting[4]. - There are no significant new strategies or product developments mentioned in the report[10].