YINYI(000981)2024-10-30 12:12Financial Performance - The company's revenue for Q3 2024 reached ¥1,782,063,747.68, representing a year-over-year increase of 22.35%[2] - The net profit attributable to shareholders was -¥186,956,808.07, a decrease of 43.58% compared to the same period last year[2] - Total operating revenue for Q3 2024 was CNY 3,941,864,804.68, a decrease of 7.13% compared to CNY 4,244,723,149.80 in Q3 2023[12] - Net profit for Q3 2024 was a loss of CNY 868,694,857.09, compared to a loss of CNY 1,380,304,874.55 in Q3 2023, representing a 37.03% improvement[13] - The total comprehensive income for Q3 2024 was CNY -866,157,966.85, compared to CNY -1,357,169,000.29 in Q3 2023, indicating a 36.19% improvement[14] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 improved significantly to ¥334,169,679.67, an increase of 136.42% year-over-year[2] - Operating cash inflow for the current period reached ¥4,497,118,985.60, an increase of 30.9% compared to ¥3,436,755,067.25 in the previous period[15] - Cash inflow from investment activities totaled ¥1,123,850,562.14, up from ¥585,837,819.01 in the previous year, marking a 91.5% increase[16] - Net cash flow from investment activities was ¥781,461,726.72, compared to only ¥15,884,089.68 in the previous year, indicating a substantial improvement[16] - Total cash outflow for operating activities was ¥4,162,949,305.93, slightly lower than ¥4,354,271,063.91 in the previous year[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,871,863,950.88, down 17.87% from the end of the previous year[2] - The company’s total equity attributable to shareholders decreased by 27.76% to ¥2,108,526,249.83 compared to the previous year-end[2] - Total current assets decreased to ¥3,972,344,444.81 from ¥5,262,336,862.87, indicating a decline of about 24.5%[10] - Non-current assets decreased to ¥7,899,519,506.07 from ¥9,192,813,236.95, representing a reduction of approximately 14.1%[10] - The total liabilities decreased to CNY 9,624,150,286.80 in Q3 2024 from CNY 11,359,165,514.66 in Q3 2023, a reduction of 15.29%[11] Shareholder Information - The total number of common shareholders at the end of the reporting period is 87,885[7] - The largest shareholder, Zhejiang Fund Management Co., holds 29.89% of shares, totaling 2,988,200,641 shares[7] Research and Development - The company’s R&D expenses decreased by 46.45% year-over-year to ¥21,239,000 for the first nine months of 2024[5] - Research and development expenses for Q3 2024 were CNY 212,387,309.69, a decrease of 46.49% from CNY 396,599,635.77 in Q3 2023[13] Inventory and Receivables - The company reported a significant reduction in inventory, which decreased to ¥694,433,835.10 from ¥2,928,185,873.38, a drop of about 76.3%[10] - Accounts receivable increased to ¥1,038,936,892.01 from ¥859,779,618.77, reflecting a growth of approximately 20.9%[9] Financing Activities - Cash outflow from financing activities was ¥1,274,747,444.66, compared to ¥422,089,727.58 in the previous year, reflecting increased financing activities[16] - The company reported a net decrease in cash and cash equivalents of ¥1,119,747,444.66 from financing activities, contrasting with a net increase of ¥596,364,162.27 in the previous year[16] Audit Information - The company did not undergo an audit for the third quarter report[17]