JJIT(900929)2024-10-30 09:37Financial Performance - The company's operating revenue for Q3 2024 was CNY 195,123,006.64, representing an increase of 18.85% compared to the same period last year[2]. - The net profit attributable to shareholders of the listed company was a loss of CNY 11,786,551.42, a decrease of 24.38% year-on-year[2]. - Total operating revenue for the first three quarters of 2024 reached CNY 540,965,054.06, a significant increase from CNY 391,885,715.33 in the same period of 2023, representing a growth of approximately 38.1%[13]. - Total revenue for the third quarter was 560,062,362.24 CNY, an increase from 408,621,522.18 CNY in the same period last year, representing a growth of approximately 37%[14]. - Net profit for the third quarter was 20,979,503.51 CNY, compared to 27,544,023.91 CNY in the previous year, indicating a decrease of about 24%[14]. - Operating profit decreased to 19,717,376.84 CNY from 27,564,166.76 CNY, reflecting a decline of approximately 29%[14]. - The company reported a net profit margin improvement, with net profit for the first three quarters of 2024 showing a positive trend compared to the previous year, although specific figures were not disclosed[13]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,537,232,752.92, reflecting a growth of 25.74% compared to the end of the previous year[3]. - As of September 30, 2024, total assets amounted to CNY 1,537,232,752.92, compared to CNY 1,222,544,726.26 at the end of 2023, indicating an increase of about 25.7%[12]. - The total liabilities as of September 30, 2024, were CNY 584,505,173.67, up from CNY 420,815,038.39, marking an increase of approximately 38.8%[13]. - The current liabilities totaled CNY 420,416,687.47, an increase from CNY 301,165,266.57, indicating a rise of approximately 39.6%[12]. Equity and Shareholder Information - The company’s total equity attributable to shareholders was CNY 955,457,018.99, up 18.66% from the previous year[3]. - The company's equity attributable to shareholders reached CNY 955,457,018.99, compared to CNY 805,184,264.04 at the end of 2023, representing a growth of about 18.7%[13]. - The number of ordinary shareholders at the end of the reporting period was 10,925[7]. Cash Flow - The net cash flow from operating activities was CNY -58,676,972.16, indicating a significant cash outflow[2]. - Cash flow from operating activities for the first nine months was -58,676,972.16 CNY, an improvement from -64,151,474.32 CNY year-over-year[17]. - Cash and cash equivalents at the end of the period totaled 118,054,966.73, down from 127,542,390.89 at the beginning[18]. - The net increase in cash and cash equivalents was -9,487,424.16, compared to -25,924,167.02 in the previous period[18]. - The company reported a cash outflow from investment activities totaling 3,742,495.16[18]. - The impact of exchange rate changes on cash and cash equivalents was -98,459.33[18]. Expenses and Costs - The company reported a 440.26% increase in financial expenses due to increased overseas business and exchange rate impacts[6]. - The company experienced a 144.67% increase in prepaid expenses attributed to business recovery and increased payments to suppliers[5]. - Total operating costs amounted to 408,621,522.18 CNY, with operating expenses including sales and management costs increasing compared to the previous year[14]. Investment and Financing Activities - The company received government subsidies amounting to CNY 530,086.42 during the reporting period, which contributed to its financial performance[4]. - Total cash inflow from financing activities amounted to 21,300,000.00, with 20,300,000.00 from loans[18]. - Net cash flow from financing activities was 9,919,738.82, a significant improvement from -374,482.50[18]. - The company received 1,000,000.00 from minority shareholders as part of investment inflows[18]. - Cash paid for dividends and interest amounted to 4,472,195.65, a notable increase from 330,000.00[18]. Other Comprehensive Income - Other comprehensive income after tax attributable to the parent company was 136,043,870.18 CNY, compared to 85,034,966.04 CNY, representing an increase of about 60%[16]. - Total comprehensive income for the third quarter reached 157,023,373.69 CNY, up from 112,578,989.95 CNY, indicating a growth of approximately 39%[16]. - Investment income for the third quarter was 37,159,140.04 CNY, a slight decrease from 40,908,776.89 CNY, reflecting a decline of about 7%[14]. Accounting Standards - The company did not apply new accounting standards for the current financial report[19].