SJA(600609)2024-10-30 10:07Financial Performance - Total revenue for Q3 2024 was ¥1,176,064,630.06, a decrease of 4.83% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was ¥93,505,580.65, an increase of 32.50% year-on-year[3] - Basic earnings per share for Q3 2024 was ¥0.071, reflecting a growth of 31.48% compared to the previous year[3] - Total operating revenue for the first three quarters of 2024 was CNY 3,427,098,372.77, a decrease of 13.2% compared to CNY 3,948,716,488.25 in the same period of 2023[16] - Net profit for the first three quarters of 2024 reached CNY 398,730,389.10, an increase of 24.8% from CNY 319,535,574.68 in the previous year[16] - The company reported a total profit of CNY 436,898,997.90 for the first three quarters of 2024, up 26.3% from CNY 345,832,678.06 in the same period of 2023[16] - Basic earnings per share for the first three quarters of 2024 was CNY 0.222, compared to CNY 0.146 in the same period last year, representing a growth of 51.4%[16] Assets and Liabilities - Total assets at the end of Q3 2024 reached ¥4,278,409,738.22, representing a 6.35% increase from the end of the previous year[4] - As of September 30, 2024, the company's total assets amounted to approximately CNY 4.28 billion, an increase from CNY 4.02 billion as of December 31, 2023, reflecting a growth of about 6.4%[14] - The total liabilities decreased to approximately CNY 2.63 billion from CNY 2.67 billion, a reduction of about 1.4%[15] - The company's inventory decreased to approximately CNY 199.78 million from CNY 247.51 million, a decline of about 19.3%[14] - The company's accounts receivable decreased significantly to approximately CNY 127.28 million from CNY 526.99 million, a reduction of about 75.8%[14] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 29.47% to ¥1,370,001,165.95 compared to the end of the previous year[4] - The total equity attributable to shareholders increased to approximately CNY 1.37 billion from CNY 1.06 billion, reflecting a growth of about 29.4%[15] - The company has a total of 76,542,603 shares held by its largest shareholder, Shenyang Automotive Industry Asset Management Co., Ltd.[10] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥813,467,512.48, an increase of 25.19% year-on-year[3] - Cash flow from operating activities generated a net amount of CNY 813,467,512.48, compared to CNY 649,765,729.26 in the first three quarters of 2023, reflecting a growth of 25.2%[17] - Cash and cash equivalents at the end of the period totaled CNY 2,223,148,781.21, an increase from CNY 1,631,991,487.62 at the end of the same period last year[17] - The company's cash and cash equivalents increased to approximately CNY 2.23 billion from CNY 1.65 billion, representing a growth of approximately 34.6%[14] Expenses and Investments - Research and development expenses increased to CNY 207,539,501.30, up 20.8% from CNY 171,826,074.99 in the same period last year[16] - The company’s total operating costs decreased to CNY 3,214,919,958.32, down 13.0% from CNY 3,694,691,912.11 in the previous year[16] - Investment income increased to CNY 96,569,587.99, up 44.8% from CNY 66,748,418.99 in the same period last year[16] - The company’s cash inflow from investment activities was CNY 206,858,785.70, significantly higher than CNY 60,931,979.75 in the same period of 2023[17] Legal and Corporate Structure - The company is currently involved in a legal case regarding a share transfer, which is not expected to have a significant impact on its operations[12] - The company has not reported any changes in the shareholding structure of its top ten shareholders[11] - The total number of ordinary shareholders at the end of the reporting period was 47,255[8] Non-recurring Items - Non-recurring gains and losses for Q3 2024 totaled ¥33,230,451.25, down from ¥121,021,206.84 in the same period last year[6] - The company recovered part of its claims from the restructuring of Huachen, contributing to the increase in net profit[7] Return on Equity - The weighted average return on equity for Q3 2024 was 7.12%, an increase of 0.63 percentage points year-on-year[3]