TJSMW(600577)2024-10-29 08:35Financial Performance - The company's operating revenue for Q3 2024 reached ¥5,712,221,139.49, representing a year-on-year increase of 27.19%[2] - Net profit attributable to shareholders for the same period was ¥126,930,258.68, up 24.10% year-on-year[2] - The net profit excluding non-recurring gains and losses was ¥114,215,452.52, reflecting a 17.96% increase compared to the previous year[2] - Basic earnings per share for Q3 2024 were ¥0.06, a 20.00% increase year-on-year[3] - Total operating revenue for the first three quarters of 2024 reached ¥16,086,525,854.69, a 22.3% increase from ¥13,144,403,101.23 in the same period of 2023[13] - Operating profit increased to ¥522,703,444.67, up 33% from ¥393,734,700.38 year-over-year[13] - Net profit for the first three quarters of 2024 was ¥427,108,593.24, representing a 33.5% increase compared to ¥320,023,250.14 in 2023[14] - Basic earnings per share rose to ¥0.20, up from ¥0.15 in the previous year, indicating improved profitability[14] - The total comprehensive income for the first three quarters was ¥423,014,296.39, compared to ¥337,345,931.40 in the previous year, showing overall growth[14] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥12,840,904,294.50, an increase of 13.51% from the end of the previous year[3] - Total assets increased to CNY 12.84 billion, up from CNY 11.31 billion, representing a growth of approximately 13.5% year-over-year[11] - Current assets totaled CNY 10.03 billion, an increase of 17.8% from CNY 8.51 billion in the previous period[10] - Total liabilities reached CNY 7.29 billion, up 23.0% from CNY 5.93 billion[12] - Shareholders' equity rose to CNY 5.55 billion, an increase of 3.1% from CNY 5.38 billion[12] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥691,764,156.00, a decline of 254.77% compared to the previous year[6] - Cash flow from operating activities showed a net outflow of ¥691,764,156.00, contrasting with a net inflow of ¥446,969,442.77 in the same period last year[15] - Net cash flow from investing activities was -195.30 million year-over-year[16] - Cash inflow from financing activities totaled 3.29 billion in the previous year[16] - Net cash flow from financing activities was 270.61 million last year[16] - Cash and cash equivalents at the end of the period amounted to 1.24 billion at the end of the previous year[16] - The company experienced a net increase in cash and cash equivalents of 2.75 million increase last year[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 89,670[7] - The largest shareholder, Tehua Investment Holdings Co., Ltd., held 250,258,383 shares, accounting for 11.87% of the total shares[7] Operational Insights - The company reported government subsidies of ¥13,996,814.08 for the current period, contributing positively to the financial results[4] - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided content[10] - Future outlook includes potential market expansion and new product development strategies, although detailed projections were not provided in the content[10] - Research and development expenses increased to ¥81,026,869.11, compared to ¥76,151,184.39 in the previous year, reflecting a commitment to innovation[13] - Total operating costs for the first three quarters were ¥15,553,979,500.25, a 22.5% increase from ¥12,745,275,552.70 in 2023[13] - Other income rose significantly to ¥31,571,931.44 from ¥7,169,695.21, indicating enhanced revenue streams[13] - The company reported a decrease in financial expenses to ¥111,055,214.71 from ¥96,767,949.26, suggesting improved cost management[13] Cash and Inventory Management - Cash and cash equivalents decreased to CNY 1.64 billion from CNY 1.86 billion, a decline of 11.6%[10] - Accounts receivable rose to CNY 3.93 billion, up 26.4% from CNY 3.11 billion[10] - Inventory increased to CNY 2.01 billion, reflecting a growth of 25.5% compared to CNY 1.60 billion[10] - Short-term borrowings surged to CNY 3.79 billion, a significant increase of 55.1% from CNY 2.44 billion[11]