东方精工：2024年第三季度报告(英文)
GUANGDONG DONGFANG PRECISION SCIENCE & TECHNOLOGY CO., LTD.
THE REPORT FOR THE THIRD QUARTER OF 2024
The Company as well as all members of the Board of Directors hereby guarantee thefactuality, accuracy, and completeness of the information disclosed, and its free of anymisrepresentations, misleading statements, or material omissions.
Important Notes:
1. The Board of Directors (or the “Board”), the Supervisory Committee as well as the directors,supervisors and senior management of Guangdong Dongfang Precision Science & Technology Co., Ltd.(hereinafter referred to as the “Company”) hereby guarantee the factuality, accuracy, and completeness of thecontents of this Report, and shall be jointly and severally liable for any misrepresentations, misleadingstatements, or material omissions therein.
2. The Company’s legal representative, the Company’s Chief Financial Officer, and the person-in-chargeof the accounting organ hereby guarantee that the financial statements carried in this Report are factual,accurate and complete.
3. Whether the 3
rdquarter report has been audited
□ Yes √ No
The report for the 3rd quarter of 2024 of the Company has been prepared and released in Chinese,and now has been translated into English. Should there be any discrepancies or misunderstandingsbetween the two versions, the Chinese version shall prevail.
I Key Financial Information
1. Key Financial Data and Indicators
Indicate whether there is any retrospectively restated datum in the table below.
□ Yes √ No
| Q3 2024 | Change (%) | Q1-Q3 2024 | Change (%) | |
| Operating revenue (RMB yuan) | 1,144,651,410.20 | -7.96% | 3,305,840,317.60 | -0.61% |
| Net profit attributable to the listed company’s shareholders (RMB yuan) | 166,163,143.02 | 152.87% | 330,043,615.16 | 21.40% |
| Net profit attributable to the listed company’s shareholders before exceptional gains and losses (RMB yuan) | 147,087,872.50 | 76.58% | 376,195,573.54 | 53.03% |
| Net cash generated from/used in operating activities (RMB yuan) | —— | —— | 180,553,840.88 | -35.58% |
| Basic earnings per share (RMB yuan /share) | 0.13 | 116.67% | 0.27 | 17.39% |
| Diluted earnings per share (RMB yuan /share) | 0.13 | 116.67% | 0.27 | 17.39% |
| Weighted average return on equity (%) | 3.48% | 1.92% | 7.06% | 0.55% |
| End of this report period | End of previous year | Change (%) | ||
| Total assets (RMB) | 7,358,744,021.53 | 7,538,222,570.02 | -2.38% | |
| Equity attributable to the listed company’s shareholders (RMB) | 4,834,948,999.27 | 4,511,690,693.97 | 7.16% | |
2. Non-recurring profit and loss items and amount
√ Applicable □ Not applicable
Unit: RMB
| Item | Q3 2024 | Q1-Q3 2024 | Notes |
| Gain or loss on disposal of non-current assets (inclusive of impairment allowance write-offs) | 52,838.72 | 5,145,113.03 | |
| Government subsidies included in current profit and loss (excluding those closely related to the company’s normal business operations, in compliance with national policies, enjoyed according to specified standards, and having a continuous impact on the company’s profit and loss) | 953,114.93 | 11,276,472.44 | |
| Gains and losses from changes in the fair value of financial assets and financial liabilities held by non-financial enterprises, as well as gains and losses from the disposal of financial assets and financial liabilities, excluding effective hedging related to the company’s normal business operations | 20,741,985.92 | -69,913,102.32 | |
| Reversal of provision for impairment of accounts receivables individually tested for impairment | 0.00 | 7,396.90 |
| Item | Q3 2024 | Q1-Q3 2024 | Notes |
| Non-operating income and expenses other than the above | 359,788.73 | 911,930.58 | |
| Minus: Income tax effects | 2,732,018.27 | -7,463,752.24 | |
| Non-controlling interests effects (net of tax) | 300,439.51 | 1,043,521.25 | |
| Total | 19,075,270.52 | -46,151,958.38 | -- |
Other items that meet the definition of non-recurring profit and loss:
□ Applicable √ Not applicable
No such cases for the Reporting Period.
Note of the reclassification of non-recurring items of profit or loss listed in "Explanatory Announcement No. 1 on Disclosure ofInformation by Companies Issuing Public Securities - Non-recurring Profit or Loss" as recurring items of profit or loss:
□ Applicable √ Not applicable
No such cases for the Reporting Period.
Guangdong Dongfang Precision Science & Technology Co., Ltd.
Report of Q3 2024
3. Changes in Key Financial Data and Indicators and the Reasons
√Applicable □ Not applicable
Unit: RMB
(1) Balance sheet items
| Items | September 30 2024 | January 1 2024 | Amount of Change | Rate of Change | Notes |
| Construction in progress | 273,997,390.82 | 195,557,097.80 | 78,440,293.02 | 40.11% | Mainly due to the increase in investment in plant construction during the period. |
| Short-term borrowings | 83,531,289.81 | 370,549,972.80 | -287,018,682.99 | -77.46% | Mainly due to the repayment of short-term loans during the period. |
Long-termborrowings
| Long-term borrowings | 142,482,704.17 | 79,107,701.15 | 63,375,003.02 | 80.11% | Mainly due to the long-term loans borrowed during the period. |
Treasury stock
| Treasury stock | 117,523,041.40 | 218,298,532.79 | -100,775,491.39 | -46.16% | Mainly due to the cancellation of treasury shares during the period. |
(2) Income statement items
| Items | Q1-Q3 2024 | Q1-Q3 2023 | Amount of Change | Rate of Change | Notes |
| Finance costs | -15,444,740.77 | -8,599,075.90 | -6,845,664.87 | -79.61% | Mainly due to the increase in interest income during the period. |
| Investment income | -13,662,448.24 | 35,657,924.30 | -49,320,372.54 | -138.32% | Mainly due to the decrease in the income recognized on the disposal of financial assets held for trading during the period compared with the same period last year. |
| Gain/loss on changes in fair value | -60,042,424.52 | -17,567,736.91 | -42,474,687.61 | -241.78% | Mainly due to the fluctuation of fair value of financial assets held for trading during the period. |
(3) Cash flow statement items
| Items | Q1-Q3 2024 | Q1-Q3 2023 | Amount of Change | Rate of Change | Notes |
Net cash generated
from/used inoperating activities
| Net cash generated from/used in operating activities | 180,553,840.88 | 280,283,974.12 | -99,730,133.24 | -35.58% | Mainly due to the decrease in cash inflow from operating activities during the period. |
| Net cash generated from/used in investing activities | -283,193,122.66 | -135,972,237.59 | -147,220,885.07 | -108.27% | Mainly due to the investment in financial assets during the reporting period. |
| Net cash generated from/used in financing activities | -84,745,986.04 | 293,884,410.84 | -378,630,396.88 | -128.84% | Mainly due to the repayment of loans during the period. |
II Shareholder Information
1. Total Number of Ordinary Shareholders and Number of Preference Shareholders with Resumed VotingRights, as well as Information of Top 10 Shareholders
Unit: shares
| Number of ordinary shareholders at the period-end | 98,862 | Number of preference shareholders with resumed voting rights at the period-end (if any) | 0 | |||||
| Top 10 shareholders(excluding lending of shares through the facility) | ||||||||
| Name of shareholder | Nature of shareholder | Shareholding percentage | Total shares held at the period-end | Restricted shares held | Shares in pledge or frozen | |||
| Status | Shares | |||||||
| Tang Zhuolin | Domestic individual | 22.21% | 270,737,568 | 203,053,176 | In pledge | 110,090,000 | ||
| Tang Zhuomian | Domestic individual | 7.95% | 96,885,134 | 0 | In pledge | 41,660,000 | ||
| Luzhou Industrial Development Investment Group Co., Ltd. | State-owned corporation | 2.61% | 31,770,010 | 0 | Not applicable | 0 | ||
| Qinghai Puren Intelligent Technology R & D Center (Limited Partnership) | Domestic non-state-owned corporation | 2.18% | 26,628,340 | 0 | Not applicable | 0 | ||
| Pulead Technology Industry Co., Ltd. | State-owned corporation | 1.95% | 23,771,487 | 0 | Not applicable | 0 | ||
| Qiu Yezhi | Domestic individual | 1.92% | 23,382,388 | 17,536,791 | Not applicable | 0 | ||
| Hong Kong Securities Clearing Company Limited | Overseas corporation | 1.66% | 20,275,823 | 0 | Not applicable | 0 | ||
| Liu Wucai | Domestic individual | 0.54% | 6,597,688 | 0 | Not applicable | 0 | ||
| Liu Lijun | Domestic individual | 0.52% | 6,307,001 | 0 | Not applicable | 0 | ||
| Beixin Ruifeng Fund - Industrial and Commercial Bank of China - Beijing Hengyu Tianze Investment Management Co., Ltd | Other | 0.51% | 6,171,777 | 0 | Not applicable | 0 | ||
| Top 10 unrestricted ordinary shareholders(excluding lending of shares through the facility and restricted shares of senior management) | ||||||||
| Name of shareholder | Unrestricted shares held at the period-end | Shares by type | ||||||
| Type | Shares | |||||||
| Tang Zhuomian | 96,885,134 | RMB ordinary shares | 96,885,134 | |||||
| Tang Zhuolin | 67,684,392 | RMB ordinary shares | 67,684,392 | |||||
| Luzhou Industrial Development Investment Group Co., Ltd. | 31,770,010 | RMB ordinary shares | 31,770,010 | |||||
| Qinghai Puren Intelligent | 26,628,340 | RMB ordinary | 26,628,340 | |||||
| Technology R & D Center (Limited Partnership) | shares | ||
| Pulead Technology Industry Co., Ltd. | 23,771,487 | RMB ordinary shares | 23,771,487 |
| Hong Kong Securities Clearing Company Limited | 20,275,823 | RMB ordinary shares | 20,275,823 |
| Liu Wucai | 6,597,688 | RMB ordinary shares | 6,597,688 |
| Liu Lijun | 6,307,001 | RMB ordinary shares | 6,307,001 |
| Beixin Ruifeng Fund - Industrial and Commercial Bank of China - Beijing Hengyu Tianze Investment Management Co., Ltd | 6,171,777 | RMB ordinary shares | 6,171,777 |
| Qiu Yezhi | 5,845,597 | RMB ordinary shares | 5,845,597 |
| Related or acting-in-concert parties among the shareholders above | Pulead Technology Industry Co., Ltd., and Qinghai Puren Intelligent Technology R & D Center (Limited Partnership) are acting-in-concert parties. Except for these, the Company does not know whether the other shareholders are related parties or whether they are acting-in-concert parties in accordance with the Measures for the Administration of acquisitions of listed companies. | ||
| Note on the top 10 shareholders' participation in securities margin trading (if any) | Luzhou Industrial Development Investment Group Co., Ltd., held 31,770,010 shares through the credit securities account. | ||
Explanation on the shareholding of the repurchase accountAs of the end of the Reporting Period, there were 21,330,432 shares in the Company’s special account for repurchase, accounting for
1.75% of its total share capital. As per the Shenzhen Stock Exchange Guideline No. 1 for the Self-regulation of Listed Companies—Business Handling, the existence of a special account of repurchased shares among the top 10 shareholders should be specifically statedbut not included in the presentation of the top 10 shareholders.Shareholders holding more than 5% of shares, top 10 shareholders and top 10 shareholders with unlimited shares in circulation involvedin refinancing shares lending
□ Applicable √ Not applicable
The change of the top 10 shareholders and top 10 shareholders with unlimited shares from the previous period due to involved inrefinancing shares lending
□ Applicable √ Not applicable
2. Total Number of Preference Shareholders and Information of Top 10 Preference Shareholders
□ Applicable √ Not applicable
III Other Significant Events
√Applicable □ Not applicable
1. On September 7, 2024, the Company disclosed the Announcement on Termination of Spin-off of Subsidiary to ChiNext BoardListing. In view of the significant changes in the current market environment as compared with the beginning of the planning of thespin-off and listing, in order to coordinate the business development of the Company's Water powersports equipment business segmentand the capital operation planning of its controlling subsidiary, Suzhou Parsun Power Machine Co., Ltd., and after full communicationand prudent argumentation with the relevant parties, the Company has decided to terminate the spin-off of Parsun Power to be listed
on the ChiNext Board and to withdraw the relevant listing application documents. The aforesaid matters have been approved and passedat the Eighth Meeting of the Fifth Session of the Board of Directors, the Seventh Meeting of the Fifth Session of the SupervisoryCommittee and the Third Shareholders' Meeting of 2024, which were held in September 2024. And the Shenzhen Stock Exchange hasissued the “Decision on Termination of the Examination and Approval of the Initial Public Offering of Shares of Suzhou Parsun PowerMachine Co., Ltd. on September 26, 2024.
2. The Company disclosed the “2024 Employee Stock Ownership Plan (Draft)” on September 24, 2024. The total number ofemployees to participate in the Employee Stock Ownership Plan is 53, of which 4 are directors and senior management of the Company.The source of shares of the aforesaid plan is the Company's shares that have been repurchased, with an aggregate of not more than
21.33 million shares. The purchase price that the Employee Stock Ownership Plan buy the shares is 2.64 yuan per share. Theperformance appraisal year of the Employee Stock Purchase Plan is three fiscal years from 2024 to 2026, and the appraisal indexesinclude company-level performance appraisal indexes and individual-level performance appraisal indexes. During the lock-up period,the corresponding underlying stock interests will be unlocked to the holders in three installments, taking into account the achievementof the company-level performance appraisal and individual-level performance appraisal. The above matters have been approved andpassed at the Ninth Meeting of the Fifth Session of the Board of Directors, the Eighth Meeting of the Fifth Session of the SupervisoryCommittee and the Fourth Meeting of Shareholders of 2024 held in September 2024 and October 2024, respectively.IV Quarterly Financial Statements
1. Financial Statements
(1) Consolidated Balance Sheet
Prepared by: Guangdong Dongfang Precision Science & Technology Co., Ltd.
September 30 2024
Unit: RMB
| Item | September 30 2024 | January 1 2024 |
| Current assets: | ||
| Cash and bank balances | 1,511,161,923.83 | 1,826,419,904.49 |
| Settlement provisions | ||
| Dismantling funds | ||
| Financial assets held for trading | 694,013,791.87 | 682,625,442.45 |
| Derivative financial assets | ||
| Notes receivable | 64,495,670.46 | 47,661,412.88 |
| Accounts receivable | 810,818,324.69 | 904,003,975.47 |
| Receivable financing | 19,143,239.17 | 9,365,344.07 |
| Prepayments | 41,647,159.88 | 45,741,143.90 |
| Premium receivable | ||
| Receivable reinsurance account | ||
| Provision for reinsurance contract receivable | ||
| Other receivables | 35,595,325.36 | 51,797,943.96 |
| Including: Interest receivable | ||
| Dividend receivable |
| Item | September 30 2024 | January 1 2024 |
| Buy back resale financial assets | ||
| Inventories | 1,300,113,787.27 | 1,182,411,055.68 |
| Including: Data Resource | ||
| Contract assets | 47,923,803.53 | 45,946,377.14 |
| Assets held for sale | ||
| Current portion of non-current assets | 8,106,750.00 | 5,970,000.00 |
| Other current assets | 60,401,976.33 | 75,234,656.07 |
| Total current assets | 4,593,421,752.39 | 4,877,177,256.11 |
| Non-current assets: | ||
| Loans and advances | ||
| Debt investment | ||
| Other debt investments | ||
| Long-term receivables | 4,655,870.40 | 4,308,196.00 |
| Long-term equity investment | 113,466,856.36 | 117,265,884.84 |
| Investment in other equity instruments | ||
| Other non-current financial assets | 528,452,857.06 | 461,278,259.67 |
| Real estate investment | ||
| Fixed assets | 607,860,016.10 | 611,851,577.04 |
| Construction in progress | 273,997,390.82 | 195,557,097.80 |
| Productive biological assets | ||
| Oil and gas asset | ||
| Right-of-use assets | 74,395,528.72 | 82,342,398.83 |
| Intangible assets | 348,923,801.82 | 365,954,480.05 |
| Including: Data Resource | ||
| Development expenditure | ||
| Including: Data Resource | ||
| Goodwill | 439,910,008.15 | 440,633,826.08 |
| Long-term prepaid expenses | 20,998,482.39 | 28,543,581.54 |
| Deferred tax assets | 251,821,400.40 | 255,872,409.78 |
| Other non-current assets | 100,840,056.92 | 97,437,602.28 |
| Total non-current assets | 2,765,322,269.14 | 2,661,045,313.91 |
| Total assets | 7,358,744,021.53 | 7,538,222,570.02 |
| Current liabilities: | ||
| Short-term borrowings | 83,531,289.81 | 370,549,972.80 |
| Borrowing from the Central Bank | ||
| Borrowed funds | ||
| Financial liabilities held for trading | 116,017,452.87 | 115,900,827.21 |
| Derivative financial liabilities | ||
| Notes payable | 134,567,982.36 | 152,433,276.09 |
| Accounts payable | 626,959,362.27 | 737,544,841.42 |
| Item | September 30 2024 | January 1 2024 |
| Advance receivables | ||
| Contract liabilities | 512,277,268.83 | 645,608,919.34 |
| Selling back financial assets | ||
| Deposits and Interbank deposit | ||
| Agent trading securities | ||
| Agent underwriting securities | ||
| Employee benefits payable | 129,245,646.06 | 153,282,932.10 |
| Tax payable | 70,348,739.85 | 67,609,203.41 |
| Other payables | 109,144,685.58 | 126,415,425.61 |
| Including: Interest payable | ||
| Dividend payable | ||
| Fees and commissions | ||
| Reinsurance accounts payable | ||
| Liabilities held for sale | ||
| Current portion of non-current liabilities | 71,951,710.05 | 57,001,396.44 |
| Other current liabilities | 27,180,282.96 | 9,145,175.01 |
| Total current liabilities | 1,881,224,420.64 | 2,435,491,969.43 |
| Non-current liabilities: | ||
| Insurance contract reserve | ||
| Long-term borrowings | 142,482,704.17 | 79,107,701.15 |
| Bonds payable | ||
| Including: Preference Shares | ||
| Perpetual bonds | ||
| Lease liabilities | 58,642,721.35 | 65,861,441.32 |
| Long-term payables | ||
| Long-term employee benefits payable | 13,009,816.32 | 13,964,394.20 |
| Provisions | 145,151,902.14 | 168,358,953.84 |
| Deferred income | 9,119,496.66 | 9,956,991.66 |
| Deferred tax liabilities | 2,949,832.99 | 8,854,294.28 |
| Other non-current liabilities | 23,046,189.65 | 22,418,854.80 |
| Total non-current liabilities | 394,402,663.28 | 368,522,631.25 |
| Total Liabilities | 2,275,627,083.92 | 2,804,014,600.68 |
| Equity: | ||
| Share capital | 1,219,046,340.00 | 1,240,618,400.00 |
| Other equity instruments | ||
| Including: Preference Shares | ||
| Perpetual bonds | ||
| Capital surplus | 2,812,324,196.71 | 2,889,928,997.21 |
| Less: Treasury stock | 117,523,041.40 | 218,298,532.79 |
| Item | September 30 2024 | January 1 2024 |
| Other comprehensive income | 65,639,587.86 | 75,122,078.52 |
| Special reserve | 17,328,366.94 | 16,229,817.03 |
| Surplus reserves | 51,830,974.45 | 51,830,974.45 |
| General risk preparation | ||
| Retained earnings | 786,302,574.71 | 456,258,959.55 |
| Total equity attributable to owners of the parent | 4,834,948,999.27 | 4,511,690,693.97 |
| Non-controlling interests | 248,167,938.34 | 222,517,275.37 |
| Total equity | 5,083,116,937.61 | 4,734,207,969.34 |
| Total liabilities and equity | 7,358,744,021.53 | 7,538,222,570.02 |
Legal representative: Tang Zhuolin, Chief Financial Officer: Shao Yongfeng, Person-in-charge of the accounting organ: Chen Lin
(2) Consolidated Income Statement for Q1 - Q3 2024
Unit: RMB
| Item | Q1-Q3 2024 | Q1-Q3 2023 |
| 1 Total operating revenue | 3,305,840,317.60 | 3,326,262,408.67 |
| Including: Operating revenue | 3,305,840,317.60 | 3,326,262,408.67 |
| Interest income | ||
| Premiums earned | ||
| Fee and commission income | ||
| 2 Total operating cost | 2,755,956,437.59 | 2,911,839,993.09 |
| Including: Cost of sales | 2,241,400,481.19 | 2,372,755,817.02 |
| Interest expense | ||
| Payment of fees and commission | ||
| Surrender fund | ||
| Net indemnity expenditure | ||
| Draw the net reserve of insurance liability contract | ||
| Policy dividend expense | ||
| Reinsurance cost | ||
| Taxes and surcharges | 12,017,537.22 | 11,027,790.44 |
| Selling expenses | 187,785,576.62 | 189,516,388.18 |
| Administrative expenses | 253,919,063.09 | 255,513,959.93 |
| R&D expenses | 76,278,520.24 | 91,625,113.42 |
| Finance costs | -15,444,740.77 | -8,599,075.90 |
| Including: Interest expenses | 13,580,085.39 | 9,193,820.94 |
| Interest income | 34,158,211.45 | 22,427,791.25 |
| Add: Other income | 11,276,472.44 | 6,535,876.93 |
| Investment income (loss with "-" sign) | -13,662,448.24 | 35,657,924.30 |
| Item | Q1-Q3 2024 | Q1-Q3 2023 |
| Including: Share of profit or loss of joint ventures and associates | -3,791,770.44 | -2,192,833.50 |
| Income from derecognition of financial assets measured at amortized cost (loss with "-" sign) | ||
| Exchange gain (loss with "-" sign) | ||
| Net exposure hedging gain (loss with "-" sign) | ||
| Gain/loss on changes in fair value (loss with "-" sign) | -60,042,424.52 | -17,567,736.91 |
| Credit impairment loss (loss is listed with "-" sign) | 1,261,996.64 | -1,835,764.65 |
| Asset impairment loss (loss with "-" sign) | -7,220,053.98 | -6,916,232.58 |
| Gain/loss on disposal of assets (loss with "-" sign) | 5,147,318.18 | -2,306,859.05 |
| 3 Operating profit (losses are listed with "-" sign) | 486,644,740.53 | 427,989,623.62 |
| Add: Non-operating income | 1,478,268.69 | 4,247,134.69 |
| Less: Non-operating expenses | 568,543.26 | 3,914,282.79 |
| 5 Gross profit (the gross loss shall be filled in with the sign "-") | 487,554,465.96 | 428,322,475.52 |
| Less: Income tax expenses | 130,693,278.65 | 121,511,716.17 |
| Net profit (net loss is listed with "-" sign) | 356,861,187.31 | 306,810,759.35 |
| (1) Net profit from continuing operations | ||
| i. Net profit from continuing operations (net loss with "-" sign) | 356,861,187.31 | 306,810,759.35 |
| ii. Net profit from termination of operation (net loss with "-" sign) | ||
| (2) Net profit classified by attribution of ownership | ||
| i. Net profit attributable to owners of the parent | 330,043,615.16 | 271,859,637.24 |
| ii. Net profit attributable to non-controlling interests | 26,817,572.15 | 34,951,122.11 |
| 6 Other comprehensive income/(loss), net of tax | -9,405,860.75 | 18,843,327.93 |
| Other comprehensive income/(loss) attributable to owners of the parent, net of tax | -9,482,490.66 | 19,060,453.28 |
| (1) Other comprehensive loss that will not be reclassified to profit or loss | 260,627.44 | -336,960.08 |
| i. Changes caused by re measurements on defined benefit schemes | 260,627.44 | -336,960.08 |
| ii. Other comprehensive income that cannot be transferred to profit or loss under the equity method |
| Item | Q1-Q3 2024 | Q1-Q3 2023 |
| iii. Changes in fair value of investments in other equity instruments | ||
| iv. Fair value change of enterprise's own credit risk | ||
| v. Other | ||
| (2) Other comprehensive income/(loss) that will be reclassified to profit or loss | -9,743,118.10 | 19,397,413.36 |
| i. Other comprehensive income that can be transferred to profit or loss under the equity method | ||
| ii. Changes in fair value of other debt investments | ||
| iii. The amount of financial assets reclassified to other comprehensive income | ||
| iv. Provision for credit impairment of other debt investments | ||
| v. Cash flow hedging reserve | ||
| vi. Differences arising from the translation of foreign currency-denominated financial statements | -9,743,118.10 | 19,397,413.36 |
| vii. Other | ||
| Other comprehensive income attributable to non-controlling interests, net of tax | 76,629.91 | -217,125.35 |
| Total comprehensive income | 347,455,326.56 | 325,654,087.28 |
| Total comprehensive income attributable to owners of the parent | 320,561,124.50 | 290,920,090.52 |
| Total comprehensive income attributable to non-controlling interests | 26,894,202.06 | 34,733,996.76 |
| Earnings per share: | ||
| (1) Basic earnings per share | 0.27 | 0.23 |
| (2) Diluted earnings per share | 0.27 | 0.23 |
Legal representative: Tang Zhuolin, Chief Financial Officer: Shao Yongfeng, Person-in-charge of the accounting organ: Chen Lin
(3) Consolidated Statement of Cash Flows for Q1-Q3 2024
Unit: RMB
| Item | Q1-Q3 2024 | Q1-Q3 2023 |
| 1 Cash flows from operating activities: | ||
| Proceeds from sale of goods and rendering of services | 3,234,314,392.30 | 3,394,401,275.51 |
| Net increase in customer deposits and interbank deposits | ||
| Net increase in borrowing from the central bank |
| Item | Q1-Q3 2024 | Q1-Q3 2023 |
| Net increase in funds transferred to other financial institutions | ||
| Cash received from the premium of the original insurance contract | ||
| Net cash received from reinsurance business | ||
| Net increase in depositors' deposits and investment funds | ||
| Cash that collects interest, commission and commission | ||
| Net increase in borrowed funds | ||
| Net increase in funds for repurchase business | ||
| Net cash received by agents buying and selling securities | ||
| Receipts of taxes and surcharges refunds | 48,453,301.86 | 52,098,968.28 |
| Cash generated from other operating activities | 64,892,314.07 | 45,359,284.90 |
| Subtotal of cash inflows from operating activities | 3,347,660,008.23 | 3,491,859,528.69 |
| Payments for goods and services | 2,096,339,611.78 | 2,405,738,718.03 |
| Net increase in customer loans and advances | ||
| Net increase in central bank and interbank deposits | ||
| Cash to pay the indemnity of the original insurance contract | ||
| Net increase in loan funds | ||
| Cash for the payment of interest, fees and commissions | ||
| Cash for the payment of policy dividends | ||
| Cash payments to and on behalf of employees | 639,392,033.33 | 486,695,698.59 |
| Payments of all types of taxes and surcharges | 157,941,691.51 | 96,515,400.83 |
| Cash used in other operating activities | 273,432,830.73 | 222,625,737.12 |
| Subtotal of cash outflows from operating activities | 3,167,106,167.35 | 3,211,575,554.57 |
| Net cash generated from/used in operating activities | 180,553,840.88 | 280,283,974.12 |
| 2 Cash flows from investing activities: | ||
| Proceeds from disinvestment | 1,215,259,655.43 | 2,288,133,445.35 |
| Investment income | 5,162,180.01 | 64,254,590.49 |
| Net proceeds from the disposal of fixed assets, intangible assets and other long-lived assets | 9,602,215.72 | 176,629.60 |
| Disposal of net cash received by subsidiaries and other business units | ||
| Cash generated from other investing activities | ||
| Subtotal of cash inflows from investing activities | 1,230,024,051.16 | 2,352,564,665.44 |
| Payments for the acquisition of fixed assets, intangible assets and other long-lived assets | 124,224,238.85 | 222,489,586.19 |
| Payments for investments | 1,388,992,934.97 | 2,216,047,316.84 |
| Net increase in pledged loans | ||
| Obtain net cash paid by subsidiaries and other business units | ||
| Cash used in other investing activities | 50,000,000.00 | |
| Subtotal of cash outflows in investing activities | 1,513,217,173.82 | 2,488,536,903.03 |
| Item | Q1-Q3 2024 | Q1-Q3 2023 |
| Net cash generated from/used in investing activities | -283,193,122.66 | -135,972,237.59 |
| 3 Cash flows from financing activities: | ||
| Absorb the cash received by the investment | ||
| Including: the subsidiary absorbs the cash received from the investment of minority shareholders | ||
| Borrowings raised | 174,934,776.22 | 404,970,419.08 |
| Cash generated from other financing activities | 189,374,973.34 | 363,785,545.55 |
| Subtotal of cash inflows from financing activities | 364,309,749.56 | 768,755,964.63 |
| Repayment of borrowings | 357,471,647.73 | 315,273,920.95 |
| Interest and dividends paid | 11,866,324.05 | 10,518,210.80 |
| Including: Interest and dividends paid to minority shareholders | ||
| Cash used in other financing activities | 79,717,763.82 | 149,079,422.04 |
| Subtotal of cash outflows from financing activities | 449,055,735.60 | 474,871,553.79 |
| Net cash generated from/used in financing activities | -84,745,986.04 | 293,884,410.84 |
| 4 Effect of foreign exchange rates changes on cash and cash equivalents | -15,631,434.13 | 11,387,173.60 |
| 5 Net (decrease)/increase in cash and cash equivalents | -203,016,701.95 | 449,583,320.97 |
| Add: Cash and cash equivalents, beginning of the period | 1,672,514,611.84 | 1,233,720,697.27 |
| 6 Cash and cash equivalents, end of the period | 1,469,497,909.89 | 1,683,304,018.24 |
Legal representative: Tang Zhuolin, Chief Financial Officer: Shao Yongfeng, Person-in-charge of the accounting organ: Chen Lin
2. Adjustments to financial statements at the beginning of the year of first implementation of new accountingstandards for the first time from 2024 onwards
□ Yes √ No
3. Audit Report
Whether the Report has been audited
□ Yes √ No
The report for the 3rd quarter of 2024 of the Company has not been audited.
Board of Directors ofGuangdong Dongfang Precision Science & Technology Co., Ltd.
25 October 2024