FORYOU(002906)2024-10-28 10:52Financial Performance - The company's operating revenue for Q3 2024 reached ¥2,647,765,021.26, representing a 37.25% increase compared to the same period last year[2]. - Net profit attributable to shareholders for the same period was ¥177,754,947.91, up 53.54% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥173,922,055.99, reflecting a 56.58% increase compared to the previous year[2]. - The total profit for the third quarter of 2024 reached ¥494,334,173.83, representing a 76.87% increase compared to the previous year[7]. - The net profit amounted to ¥468,794,932.51, which is a 55.66% increase year-over-year[7]. - Net profit for Q3 2024 was ¥468,794,932.51, compared to ¥301,167,476.64 in Q3 2023, representing a growth of 55.6%[18]. - The total comprehensive income for the third quarter was approximately CNY 466.78 million, an increase from CNY 302.44 million in the same period last year, representing a growth of about 54.3%[19]. Revenue and Income - The company reported a 42.62% increase in total operating income year-to-date, amounting to ¥6,841,122,978.54[6]. - Total operating revenue for Q3 2024 reached ¥6,841,122,978.54, an increase of 42.6% compared to ¥4,796,915,411.44 in the same period last year[17]. - Operating costs for the same period were ¥6,324,048,120.22, up from ¥4,500,828,432.50, reflecting a 40.5% increase[17]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥11,205,084,639.87, an increase of 18.54% from the end of the previous year[2]. - The total assets of the company increased to ¥11,205,084,639.87 from ¥9,452,636,036.47, marking a growth of 18.5%[16]. - Current liabilities totaled ¥4,497,370,640.09, up from ¥3,168,138,739.02, indicating a rise of 41.8%[16]. - The total non-current assets amounted to ¥3,308,171,328.95, an increase from ¥2,776,243,567.37, which is a growth of 19.2%[16]. Cash Flow - Cash flow from operating activities for the year-to-date reached ¥503,027,663.39, showing a significant increase of 208.32%[2]. - The net cash flow from operating activities was ¥503,027,663.39, showing a significant increase of 208.32% from the previous period[8]. - Cash flow from operating activities for the period was CNY 6.03 billion, up from CNY 4.26 billion, indicating a growth of about 41.5%[20]. - Net cash flow from operating activities was CNY 503.03 million, compared to CNY 163.15 million in the previous year, marking a significant increase of approximately 207.5%[21]. - The company reported cash inflow from investment activities of CNY 1.16 billion, a substantial increase from CNY 12.54 million in the previous year[21]. - The net cash flow from investment activities was negative CNY 571.94 million, an improvement from negative CNY 854.24 million year-over-year[21]. - The company experienced a decrease in cash inflow from financing activities, with a net cash flow of negative CNY 175.96 million compared to positive CNY 1.21 billion in the previous year[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,425, with Jiangsu Huayue Investment Co., Ltd. holding 51.61% of the shares[9]. - The company's equity attributable to shareholders reached ¥6,269,454,275.01, compared to ¥5,979,230,993.41, indicating an increase of 4.8%[16]. Expenses - Financial expenses surged by 1591.72% to ¥19,032,956.13, primarily due to changes in interest expenses and exchange gains/losses[6]. - The company reported a significant increase in tax expenses, which rose by 217.78% to ¥25,539,241.32[7]. - Research and development expenses for the period were ¥531,323,307.53, compared to ¥435,561,709.76 in the previous year, reflecting a 22% increase[18]. Other Information - The company has established two new wholly-owned subsidiaries focused on automotive electronics, with a registered capital of ¥50 million each[13]. - The company's cash and cash equivalents decreased to ¥953,774,489.72 from ¥1,203,881,117.96 at the beginning of the period[14]. - Accounts receivable increased to ¥3,738,900,354.25, up from ¥3,036,077,873.89 in the previous period[14]. - The inventory level rose to ¥1,712,544,092.49, compared to ¥1,279,818,067.88 at the start of the period[14]. - The company's inventory increased by 33.81% to ¥1,712,544,092.49 due to rising operating revenue[5]. - The company has not undergone an audit for the third quarter report[22].