JHCC(002484)2024-10-28 11:11Financial Performance - Revenue for Q3 2024 was CNY 1,175,111,139.30, a decrease of 9.94% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 146,946,791.78, down 20.98% year-on-year[2] - Basic earnings per share for Q3 2024 was CNY 0.1746, a decline of 20.82% compared to the previous year[2] - Total operating revenue for the third quarter was approximately CNY 3.54 billion, a decrease of 6.35% compared to CNY 3.78 billion in the same period last year[15] - Total operating costs amounted to approximately CNY 3.05 billion, down 3.59% from CNY 3.16 billion year-on-year[15] - The company reported a net profit margin of approximately 15.00% for the quarter, reflecting a decrease from the previous year's margin[15] - The net profit for Q3 2024 was approximately ¥499.46 million, a decrease of 8.97% compared to ¥548.77 million in Q3 2023[16] - Operating profit for Q3 2024 was ¥576.17 million, down from ¥635.91 million in the same period last year, reflecting a decline of 9.34%[16] - Total revenue from operating activities was ¥2.07 billion, a decrease of 16.14% from ¥2.47 billion in Q3 2023[18] - The company reported a total comprehensive income of ¥490.42 million for Q3 2024, compared to ¥537.12 million in Q3 2023, indicating a decline of 8.68%[17] - Basic earnings per share for Q3 2024 were ¥0.5852, down from ¥0.6502 in the same quarter last year, representing a decrease of 10.06%[17] Assets and Liabilities - Total assets as of the end of Q3 2024 reached CNY 7,388,985,541.20, an increase of 1.73% from the end of the previous year[2] - Non-current assets totaled approximately CNY 2.94 billion, an increase of 3.16% from CNY 2.85 billion year-on-year[14] - Total liabilities decreased to approximately CNY 1.64 billion, down 4.23% from CNY 1.71 billion in the previous year[14] - The company's total assets reached approximately CNY 7.39 billion, an increase of 1.73% from CNY 7.26 billion year-on-year[14] - The equity attributable to shareholders of the parent company increased to approximately CNY 5.71 billion, up 3.44% from CNY 5.52 billion in the previous year[14] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 414,303,185.61, a decrease of 2.22% year-on-year[2] - Cash flow from investment activities increased by 42.36% year-to-date, attributed to changes in structured financial products and fixed asset investments[7] - Net cash flow from financing activities decreased by 1201.28% year-to-date, due to reduced borrowings and increased stock repurchases[7] - Cash flow from operating activities generated a net amount of ¥414.30 million, slightly down from ¥423.72 million in the previous year[18] - The company’s cash and cash equivalents at the end of Q3 2024 stood at ¥882.31 million, compared to ¥785.75 million at the end of Q3 2023, showing an increase of 12.31%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,720, with the top 10 shareholders holding 28.81% of the shares[8] - The largest shareholder, Yiwei Investment Limited, holds 245,021,000 shares, representing 28.81% of the total shares[9] - The top 10 shareholders include domestic and foreign entities, with the largest domestic individual shareholder, Zhu Xiang, holding 60,627,966 shares, or 7.13%[8] - The company has a total of 8,500,000 shares held by China Foreign Economic and Trade Trust Co., Ltd., representing 1.00% of the total shares[9] - The company has not reported any changes in the relationships or actions among the top shareholders[10] - The total number of preferred shareholders and their holdings has not been disclosed as applicable[12] Expenses and Investments - Research and development expenses increased to approximately CNY 201.29 million, up 9.25% from CNY 184.48 million in the previous year[15] - The company’s long-term investments in equity increased to approximately CNY 143.06 million, up from CNY 142.39 million year-on-year[14] - Interest expenses increased by 32.91% year-to-date, mainly due to higher loan interest[5] - The company recorded a foreign exchange loss of approximately ¥11.61 million in Q3 2024, compared to a loss of ¥9.65 million in the same period last year[17] - Investment activities resulted in a net cash outflow of approximately ¥187.75 million, an improvement from a net outflow of ¥325.72 million in Q3 2023[19] Other Income - The company reported a 303.94% increase in other income year-to-date, mainly from increased VAT deductions[5] - Accounts receivable increased to ¥1,735,337,623.82 from ¥1,588,612,042.32, reflecting a growth of about 9.2%[12] - Inventory stands at ¥1,069,094,599.61, slightly down from ¥1,098,376,243.08, showing a decrease of approximately 2.6%[12] - The total current assets amount to ¥4,452,722,890.16, a slight increase from ¥4,416,704,764.34, representing a growth of about 0.8%[12] Future Outlook - The company plans to continue expanding its market presence and invest in new product development in the upcoming quarters[15]