ACHT(600207)2024-10-29 09:18Financial Performance - The company's operating revenue for Q3 2024 was ¥952,295,500.51, representing a decrease of 33.60% compared to the same period last year[1]. - The net profit attributable to shareholders for Q3 2024 was -¥100,202,033.82, a decline of 3,297.64% year-on-year[1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥103,250,651.62, a decrease of 37,949.99% compared to the previous year[1]. - The basic earnings per share for Q3 2024 was -¥0.0920, down 32.72% from the same period last year[2]. - The net profit for the first three quarters of 2024 was a loss of CNY 106,711,863.09, compared to a profit of CNY 69,912,022.99 in the same period of 2023[13]. - Basic and diluted earnings per share for the first three quarters of 2024 were both CNY -0.0825, compared to CNY 0.0329 in 2023[14]. - The company’s total comprehensive income for the first three quarters of 2024 was a loss of CNY 106,711,863.09, contrasting with a gain of CNY 69,912,022.99 in the same period of 2023[14]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥6,980,484,223.99, a slight increase of 0.05% compared to the end of the previous year[2]. - As of September 30, 2024, total current assets amounted to CNY 2,717,552,841.55, a decrease from CNY 2,860,454,295.63 at the end of 2023, reflecting a decline of approximately 4.97%[7]. - Total non-current assets increased to CNY 4,262,931,382.44 from CNY 4,116,645,348.32, reflecting a growth of approximately 3.55%[9]. - The total liabilities increased to CNY 3,784,774,607.50 in 2024 from CNY 3,657,950,473.38 in 2023, indicating a rise of 3.5%[11]. - The total equity attributable to shareholders of the parent company decreased to CNY 3,015,453,162.39 in 2024 from CNY 3,110,065,717.19 in 2023, a decline of 3.1%[11]. Cash Flow - The company reported a net cash flow from operating activities of -¥369,982,061.77 for the year-to-date period[1]. - In the first three quarters of 2024, the cash inflow from operating activities was CNY 3,109,362,086.38, a decrease of 10.7% compared to CNY 3,481,670,207.92 in the same period of 2023[15]. - The net cash flow from operating activities for the first three quarters of 2024 was -CNY 369,982,061.77, an improvement from -CNY 484,047,545.43 in the first three quarters of 2023[16]. - The cash inflow from financing activities in the first three quarters of 2024 was CNY 2,258,816,065.46, an increase of 3.8% compared to CNY 2,176,413,630.40 in the same period of 2023[16]. - The net cash flow from financing activities for the first three quarters of 2024 was CNY 543,492,037.83, a significant recovery from -CNY 243,214,268.55 in the first three quarters of 2023[16]. Revenue and Costs - Total operating revenue for the first three quarters of 2024 was CNY 3,460,716,070.16, a decrease of 14.4% compared to CNY 4,046,485,187.76 in the same period of 2023[11]. - Total operating costs for the first three quarters of 2024 were CNY 3,568,633,714.12, down from CNY 3,950,063,359.81 in 2023, reflecting a reduction of 9.6%[12]. - The average selling price of photovoltaic glass decreased by over 20% during the reporting period, impacting revenue significantly[5]. Shareholder Information - The company reported a total of 56,611 common shareholders at the end of the reporting period[6]. Research and Development - Research and development expenses increased to CNY 96,528,852.78 in 2024 from CNY 75,649,756.65 in 2023, representing a growth of 27.5%[12]. Taxation - The tax expenses for the first three quarters of 2024 were CNY 21,504,694.52, down from CNY 42,017,917.07 in 2023, a decrease of 48.8%[13]. - The company reported a decrease in tax payments, totaling CNY 136,295,684.71 in 2024 compared to CNY 154,869,246.12 in 2023, reflecting a 12% reduction[16].