SOLEX(603992)2024-10-29 10:32Financial Performance - The company's operating revenue for Q3 2024 was ¥744,174,602.18, a decrease of 6.82% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥99,484,321.76, down 45.81% year-on-year[3]. - The basic earnings per share for Q3 2024 was ¥0.24, a decline of 47.83% compared to the previous year[3]. - The diluted earnings per share for Q3 2024 was ¥0.23, a decrease of 46.51% year-on-year[3]. - The weighted average return on equity for Q3 2024 was 3.57%, a decrease of 4.66 percentage points compared to the previous year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 2,191,693,754.15, a slight decrease from CNY 2,193,627,924.26 in the same period of 2023[12]. - Net profit for the first three quarters of 2024 was CNY 320,723,501.74, a decrease from CNY 334,700,584.46 in the same period of 2023[13]. - The total comprehensive income for the first three quarters of 2024 was CNY 318,816,470.01, compared to CNY 334,699,335.08 in the same period of 2023, indicating a decrease[13]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,164,957,702.02, a decrease of 2.05% from the end of the previous year[3]. - As of September 30, 2024, the total current assets amounted to approximately CNY 2.54 billion, a decrease from CNY 2.63 billion at the end of 2023, reflecting a decline of about 3.5%[9]. - The company's total assets stood at CNY 4.16 billion, a decrease from CNY 4.25 billion at the end of 2023, representing a decline of about 2.0%[10]. - The total liabilities as of September 30, 2024, were CNY 1,432,019,001.31, down from CNY 1,680,575,671.06 at the end of 2023[11]. - The total liabilities decreased to CNY 2.54 billion from CNY 2.63 billion, reflecting a decline of about 3.4%[10]. - The company reported a significant reduction in other payables, which decreased to CNY 98.77 million from CNY 208.92 million, a decrease of approximately 52.8%[10]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥416,374,453.77, an increase of 39.33% year-on-year[3]. - In the first three quarters of 2024, the cash inflow from operating activities was CNY 2,369,607,375.01, an increase from CNY 2,127,486,205.86 in the same period of 2023, representing a growth of approximately 11.4%[14]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY 416,374,453.77, compared to CNY 298,830,687.02 in 2023, indicating a year-over-year increase of about 39.4%[14]. - The cash inflow from investment activities totaled CNY 2,555,423,245.50 in the first three quarters of 2024, up from CNY 2,107,990,986.23 in 2023, reflecting an increase of approximately 21.2%[15]. - The net cash flow from investment activities was negative at CNY -366,651,555.96 for the first three quarters of 2024, worsening from CNY -137,005,180.14 in the same period of 2023[15]. - The cash inflow from financing activities was CNY 12,580,357.53 in the first three quarters of 2024, a decrease from CNY 110,517,620.03 in 2023[15]. - The net cash flow from financing activities was CNY -285,291,344.28 in the first three quarters of 2024, compared to CNY -99,071,728.86 in 2023, indicating a decline in financing activities[15]. - The total cash and cash equivalents at the end of the third quarter of 2024 were CNY 684,772,734.36, down from CNY 1,162,097,989.29 at the end of the same period in 2023, representing a decrease of approximately 41.1%[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,292[7]. - The total equity attributable to shareholders of the parent company increased to CNY 2,732,938,700.71 from CNY 2,571,610,584.04 at the end of 2023, representing an increase of approximately 6.3%[11]. - The company has not reported any changes in major shareholders or significant events affecting the operational status during the reporting period[9]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 163,498,103.14, up from CNY 142,711,603.43 in the same period of 2023, indicating an increase of approximately 14.5%[12]. Inventory and Receivables - The accounts receivable decreased to CNY 522.45 million from CNY 559.79 million, showing a reduction of approximately 6.7%[9]. - The inventory increased slightly to CNY 320.52 million from CNY 314.08 million, reflecting an increase of about 2.0%[9]. - The total non-current assets were reported at CNY 1.62 billion, a marginal increase from CNY 1.62 billion at the end of 2023[10]. - The company's fixed assets rose to CNY 1.04 billion from CNY 996.56 million, indicating an increase of approximately 4.2%[10]. Investment Income - The company experienced a significant increase in investment income by 204.57% due to structural deposit returns[6]. - The company received CNY 2,539,000,000.00 from investment recoveries in the first three quarters of 2024, compared to CNY 2,024,210,000.00 in 2023, marking an increase of about 25.4%[15]. - The company reported a cash inflow of CNY 120,494,146.50 from tax refunds in the first three quarters of 2024, significantly higher than CNY 64,753,256.06 in 2023, which is an increase of approximately 86%[14]. Operating Costs - Total operating costs for the first three quarters of 2024 were CNY 1,864,542,498.96, compared to CNY 1,868,521,139.77 in 2023, indicating a decrease of approximately 0.2%[12]. - The cash outflow for purchasing goods and services was CNY 1,285,911,250.41 in the first three quarters of 2024, compared to CNY 1,187,637,520.11 in 2023, reflecting an increase of about 8.3%[14]. Gross Profit - The company reported a gross profit of CNY 327,151,255.19 for the first three quarters of 2024, compared to CNY 325,106,784.49 in 2023, showing a slight increase[12].