熵基科技：2024年第三季度报告(英文版)
Stock Code: 301330 Abbreviation of Securities: ZKTECO Announcement No.: 2024-047
ZKTECO CO., LTD.2024 3
rdQuarter ReportThe Company and all members of the Board of Directors guarantee that theinformation disclosed is true, accurate and complete, without any false records,misleading statements or material omissions.
Important content tips:
1. The Board of Directors, the Board of Supervisors, directors, supervisors, and senior management guaranteethat the information presented in this report is true, accurate and complete without any false records, misleadingstatements or material omissions, and will undertake individual and joint legal liabilities.
2. The Company's legal representative, the person in charge of the accounting work, and the person in chargeof accounting institution (accounting supervisor) hereby declare that the financial information in this report is true,accuracy and complete.
3. Whether the 3
rdquarter report has been audited
□ Yes ?No
I. Key Financial Data(I) Main Accounting Data and Financial IndicatorsWhether the Company performed a retroactive adjustment or restatement of the previous accounting data
□ Yes ?No
| Current reporting period | YoY change during the reporting period | From the beginning of 2024 to the end of the reporting period | Increase/decrease in this reporting period compared to the same period last year | |
| Operating income (RMB) | 507,796,993.98 | 0.99% | 1,410,900,152.75 | -2.02% |
| Net profit attributable to shareholders of listed companies (RMB) | 42,040,658.61 | -15.73% | 120,678,385.94 | -12.96% |
| Net profit attributable to shareholders of listed companies after deducting non-recurring profits and losses (RMB) | 38,795,453.63 | -22.60% | 105,967,658.69 | -26.72% |
| Net cash flows from operating activities (RMB) | -- | -- | 136,138,600.04 | -25.73% |
| Basic earnings per share (RMB/share) | 0.2184 | 4.00% | 0.6254 | -12.92% |
| Diluted earnings per share (RMB/share) | 0.2182 | 4.05% | 0.6218 | -12.93% |
| Weighted average return on net assets | 1.30% | -0.28% | 3.71% | -0.73% |
| At the end of this reporting period | At the end of the previous year | Increase or decrease at the end of this reporting period compared to the end of the previous year | ||
| Total assets (RMB) | 3,841,374,527.18 | 3,923,900,732.70 | -2.10% | |
| Owner's equity attributable to shareholders of the listed company (RMB) | 3,255,415,344.68 | 3,265,413,589.20 | -0.31% | |
(II) Items and Amounts of Non-recurring Gains and Losses?Applicable □Not applicable
Unit: RMB
| Item | Amount during this reporting period | Amount from the beginning of 2024 to the end of the reporting period | Remarks |
| Losses and gains from disposal of non-current assets (including the offsetting portion of the provision for asset impairment) | -400,990.50 | -544,946.06 |
| Government subsidies included in current profits and losses (except those closely related to the normal business of the Company, which are in line with national policies and regulations, enjoyed according to determined standards, and have a continuous impact on the Company's profits and losses) | 849,656.13 | 5,880,119.01 | |
| Profits and losses from fair value changes arising from the holding of financial assets and financial liabilities by non-financial enterprises, as well as the gains and losses arising from the disposal of financial assets and financial liabilities except for effective hedging business related to the normal operation of the Company | 5,310,789.65 | 11,416,299.65 | Mainly due to investment income and fair value changes generated by financial products |
| Capital occupancy fees charged to non-financial enterprises included in current profits and losses | 10,688.36 | 31,883.47 | |
| Reversal of the provision on receivables with impairment test conducted on an individual basis | 70,000.00 | 240,000.00 | |
| Other non-operating income and expenses other than the above items | -2,668,740.04 | -1,200,608.90 | |
| Less: income tax impact | -83,891.73 | 1,194,233.30 | |
| Minority interest impact (after tax) | 10,090.35 | -82,213.38 | |
| Total | 3,245,204.98 | 14,710,727.25 | -- |
Details of other profit and loss items that meet the definition of non-recurring profits and losses:
□Applicable ?Not applicable
The Company does not have other specific conditions of profit and loss items that meet the definition of non-recurring profit and loss.Explanations on classifying any non-recurring gain/loss item mentioned in the "Explanatory Announcement for Information Disclosureby Companies that Issue Securities to the Public No. 1 - Non-recurring Gains and Losses" as recurring Gain/loss item.
□Applicable ?Not applicable
The Company does not classify any non-recurring gain/loss item mentioned in the "Explanatory Announcement for InformationDisclosure by Companies that Issue Securities to the Public No. 1 - Non-recurring Gains and Losses" as recurring gain/loss item.(III) Changes and Reasons for Changes in Key Accounting Data and Financial Indicators?Applicable □Not applicable
Unit: RMB
| Balance Sheet Items | September 30, 2024 | January 1, 2024 | Change ratio | Reasons |
| Monetary funds | 1,115,899,129.93 | 1,990,924,954.78 | -43.95% | Mainly due to the purchase of financial products, investment expenses for construction projects, implementation of share repurchases, and distribution of profits (cash dividends) from the previous year in current period |
| Trading financial assets | 764,033,931.90 | 80,980,203.63 | 843.48% | Mainly due to the increase in wealth management productssuch as structured deposits in the current period |
| Debt investment | 14,375,737.01 | 42,284,596.90 | -66.00% | Mainly due to the transfer of large-denomination certificates of deposit from banks at the end of the previous period to non-current assets due within one year |
| Construction in progress | 242,871,320.17 | 138,986,483.73 | 74.74% | Mainly due to the construction project of the Multimodal Biometrics Digitalization Industrial Base Construction Project and the new investment in the construction of the Thai factory in this period |
| Intangible assets | 89,949,940.34 | 66,016,371.68 | 36.25% | Mainly due to the carry-over of the SAP system in the current period when it reaches the usable state |
| Lease liabilities | 30,799,092.84 | 19,713,286.21 | 56.24% | Mainly due to the addition and renewal of office leases in the current period |
| Accounts payable | 154,868,304.31 | 245,084,182.32 | -36.81% | Mainly due to the decrease in the purchase amount and the decrease in the construction payment payable in the current period |
| Treasury stock | 59,683,228.10 | 784,700.00 | 7,505.87% | Mainly due to the implementation of share repurchase in the current period |
| Income Statement Items | January - September 2024 | January - September 2023 | Change ratio | Reasons |
| Financial expenses | -13,892,864.00 | -44,978,271.11 | 69.11% | Mainly due to a decrease in interest income and an increase in exchange losses for the current period (compared to exchange gains in the same period last year) |
| Investment income | 4,917,886.48 | -1,725,758.54 | 384.97% | Mainly due to the increase in the income recognized after the expiration of the purchased wealth management products during the reporting period，and the investment losses recognized after the expiration of some forward foreign exchange contracts purchased due to hedging the risk of exchange rate fluctuations in the same period last year |
| Gains from changes in fair value | 8,190,593.67 | -1,955,731.23 | 518.80% | Mainly due to the increase in the income generated during the holding period of the purchased wealth management products during the reporting period, and the loss incurred during the holding period of some forward foreign exchange contracts purchased due to hedging the risk of exchange rate fluctuations in the same period of the previous year |
| Losses from impairment of assets | -5,994,941.10 | -3,428,778.18 | 74.84% | Mainly due to the increase in the provision for falling prices of inventories during the reporting period |
| Income tax expenses | 8,111,368.11 | 16,266,701.41 | -50.14% | Mainly due to the write-off of bad debts in the current period and the decrease in the total profits of some subsidiaries, resulting in a decrease in income tax in the current period |
| Cash Flow Statement Items | January - September 2024 | January - September 2023 | Change ratio | Reasons |
| Net cash flows from operating activities | 136,138,600.04 | 183,302,835.87 | 25.73% | Mainly due to the increase in cash payments for goods purchased and labor services received in |
| the current period, as well as the increase in taxes and fees paid in the current period | ||||
| Net cash flows from investing activities | -451,646,981.53 | -182,299,863.94 | -147.75% | Mainly due to the payment for the construction project of the Multimodal Biometrics Digitalization Industrial Base Construction Project, the construction of the Thai factory, and the purchase expense of real estate (employee dormitories) in the current period, as well as the increase in financial management purchases in the current period |
| Net cash flows from financing activities | -181,047,518.00 | -86,869,563.26 | -108.41% | Mainly due to the increase in the distribution of cash dividends and payment of share repurchase expenses in the current period |
| Net increase in cash and cash equivalents | -501,361,903.62 | -83,173,247.43 | -502.79% | Mainly due to a decrease in net cash flow from investing activities and financing activities in the current period |
II. Shareholder Information
(I) Table of the Total Number of Common Shareholders and the Number of Preferred Shareholders withResumed Voting Rights and Information about Top Ten Shareholders
Unit: share
| Total number of common shareholders at the end of the reporting period | 18,942 | Total number of preferred shareholders whose voting rights have been recovered at the end of the reporting period (if any) | 0 | |||
| Particulars about the top 10 shareholders (excluding shares lent through refinancing) | ||||||
| Name of shareholder | Nature of shareholder | Shareholding percentage | Total shares held at the period-end | Number of shares with trading restrictions | Pledged, marked or frozen | |
| Share status | Amount | |||||
| Shenzhen ZKTeco Times Investment Co., Ltd. | Domestic non state-owned legal persons | 30.05% | 58,500,000 | 58,500,000 | Not applicable | 0 |
| Che Quanhong | Domestic individual | 17.48% | 34,022,300 | 34,022,300 | Not applicable | 0 |
| Shenzhen JYSJ Investment Enterprise (Limited Partnership) | Domestic non state-owned legal persons | 7.21% | 14,038,400 | 7,053,800 | Not applicable | 0 |
| Shenzhen JYHY Investment Enterprise (Limited Partnership) | Domestic non state-owned legal persons | 7.13% | 13,874,950 | 6,960,524 | Not applicable | 0 |
| Dongguan LX Investment Partnership Enterprise (Limited Partnership) | Domestic non state-owned legal persons | 5.08% | 9,880,000 | 9,880,000 | Not applicable | 0 |
| Shenzhen JYLX Consulting Enterprise (Limited Partnership) | Domestic non state-owned legal persons | 2.30% | 4,476,086 | 2,374,190 | Not applicable | 0 |
| Shenzhen JYQL Investment Consulting Enterprise (Limited Partnership) | Domestic non state-owned legal persons | 0.78% | 1,521,100 | 881,400 | Not applicable | 0 |
| Shenzhen Gohedge Fund Management Co., Ltd. - Gohedge Pearl No.1 Private Equity Fund | others | 0.35% | 688,580 | 0 | Not applicable | 0 |
| Shenzhen Fuhai Juanyong I Venture Investment Fund (Limited Partnership) | Domestic non state-owned legal persons | 0.34% | 666,138 | 0 | Not applicable | 0 |
| Hong Kong Securities Clearing Company Limited | Foreign legal person | 0.34% | 655,954 | 0 | Not applicable | 0 |
| Particulars about the top 10 shareholders not subject to trading restrictions (excluding shares lent through refinancing and executive lockup shares) | ||||||
| Name of shareholder | Number of shares without trading restrictions | Types of shares | ||||
| Type | Number | |||||
| Shenzhen JYSJ Investment Enterprise (Limited Partnership) | 6,984,600 | RMB denominated ordinary shares | 6,984,600 | |||
| Shenzhen JYHY Investment Enterprise (Limited Partnership) | 6,914,426 | RMB denominated ordinary shares | 6,914,426 | |
| Shenzhen JYLX Consulting Enterprise (Limited Partnership) | 2,101,896 | RMB denominated ordinary shares | 2,101,896 | |
| Shenzhen Gohedge Fund Management Co., Ltd. - Gohedge Pearl No.1 Private Equity Fund | 688,580 | RMB denominated ordinary shares | 688,580 | |
| Shenzhen Fuhai Juanyong I Venture Investment Fund (Limited Partnership) | 666,138 | RMB denominated ordinary shares | 666,138 | |
| Hong Kong Securities Clearing Company Limited | 655,954 | RMB denominated ordinary shares | 655,954 | |
| Shenzhen JYQL Investment Consulting Enterprise (Limited Partnership) | 639,700 | RMB denominated ordinary shares | 639,700 | |
| Guangfa Securities Co., Ltd. - Bodao Growth Zhihang Equity Securities Investment Fund | 536,550 | RMB denominated ordinary shares | 536,550 | |
| Gu Meijuan | 500,000 | RMB denominated ordinary shares | 500,000 | |
| Changjiang Wealth Asset Management - Bank of Nanjing - Changjiang Wealth - ZKTeco Employee Strategic Placement No.1 Collective Asset Management Plan | 379,592 | RMB denominated ordinary shares | 379,592 | |
| Explanation on associated relationship and concerted actions among above shareholders | Shareholder Che Quanhong is elder brother of shareholder Che Quanzhong from Shenzhen ZKTeco Times Investment Co., Ltd., and son of Che Jun, partner of Dongguan LX Investment Partnership Enterprise (Limited Partnership). The shareholder Che Quanhong holds 76.02% of the equity of Shenzhen ZKTeco Times Investment Co., Ltd., being the controlling shareholder of Shenzhen ZKTeco Times Investment Co., Ltd. Meanwhile, Che Quanhong holds 1.18% of the property share of shareholder Dongguan LX Investment Partnership Enterprise (Limited Partnership) and 6.57% of the property share of shareholder Shenzhen JYLX Consulting Enterprise (Limited Partnership). Che Quanzhong, the younger brother of shareholder Che Quanhong, holds a 23.98% equity in Shenzhen ZKTeco Times Investment Co., Ltd. Che Jun, the father of shareholder Che Quanhong, holds 98.68% of the property share of Dongguan LX Investment Partnership Enterprise (Limited Partnership). In addition the company does not know whether there is an associated relationship or a concerted action relationship among the other shareholders. | |||
| Information on Top 10 shareholders of participating in margin trading and short selling business (if any) | No | |||
Note: Special explanations on the existence of repurchased accounts among the top 10 shareholders not subject to trading restrictions
As of September 30, 2024, the Company's repurchased special securities account holds 2,230,000 ordinary shares, accounting for 1.15%of the current total share capital of the Company. As required, it is not included in the list of the top 10 shareholders of the Company. Itis hereby clarified.Participation of shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 shareholders of outstandingshares not subject to trading restrictions in the lending of shares through refinancing
□ Applicable ? Not applicable
Changes to the top 10 shareholders and the top 10 shareholders of outstanding shares not subject to trading restrictions compared to theprevious period due to reasons related to lending/repayment through refinancing
□ Applicable ? Not applicable
(II) Total Number of Preferred Shareholders and information about Top 10 Preferred Shareholders
□Applicable ? Not Applicable
(III) Changes in Restricted Shares
? Applicable □Not applicable
Unit: share
| Name of shareholder | Number of restricted shares at the beginning of the period | Number of shares released from trading restrictions in this period | Increase in restricted shares in this period | Number of restricted shares at the end of the period | Reason for restrictions | Date of releasing from trading restrictions |
| Jin Hairong | 5,850 | 5,850 | Executives lock up shares | During the tenure of directors, supervisors and senior executives, 25% of the total number of shares held will be unlocked every year, and the remaining 75% will be automatically locked | ||
| Che Quanhong | 34,022,300 | 34,022,300 | Restricted shares before IPO | February 17, 2026 | ||
| Mu Wenting | 8,775 | 8,775 | Executives lock up shares | During the tenure of directors, supervisors and senior executives, 25% of the total number of shares held will be unlocked every year, and the remaining 75% will be automatically locked | ||
| Fu Zhiqian | 5,362 | 5,362 | Executives lock up shares | During the tenure of directors, supervisors and senior executives, 25% of the total number of shares held will be unlocked every year, and the remaining 75% will be automatically locked | ||
| Shenzhen ZKTeco Times Investment Co., Ltd. | 58,500,000 | 58,500,000 | Restricted shares before IPO | February 17, 2026 |
| Dongguan LX Investment Partnership Enterprise (Limited Partnership) | 9,880,000 | 9,880,000 | Restricted shares before IPO | August 17, 2025 | ||
| Shenzhen JYHY Investment Enterprise (Limited Partnership) | 10,440,787 | 3,480,263 | 6,960,524 | Restricted shares before IPO | One quarter of the shares will be unlocked from August 17, 2023, until all shares are unlocked on August 17, 2026 | |
| Shenzhen JYSJ Investment Enterprise (Limited Partnership) | 10,580,700 | 3,526,900 | 7,053,800 | Restricted shares before IPO | One quarter of the shares will be unlocked from August 17, 2023, until all shares are unlocked on August 17, 2026 | |
| Shenzhen JYQL Investment Consulting Enterprise (Limited Partnership) | 1,322,100 | 440,700 | 881,400 | Restricted shares before IPO | One quarter of the shares will be unlocked from August 17, 2023, until all shares are unlocked on August 17, 2026 | |
| Shenzhen JYLX Consulting Enterprise (Limited Partnership) | 3,561,285 | 1,187,095 | 2,374,190 | Restricted shares before IPO | One quarter of the shares will be unlocked from August 17, 2023, until all shares are unlocked on August 17, 2026 | |
| Total | 128,327,159 | 8,634,958 | 0 | 119,692,201 | -- | -- |
III. Other Important Events?Applicable □ Not applicable
1. Some of the shares issued before the initial public offering are listed for circulation
The total number of shareholders who have lifted the restricted shares this time is 4, and the number of restricted shares listed andtraded is 8,634,958 shares, accounting for 4.4355% of the company's total share capital. The above-mentioned shares will be liftedfrom sales restrictions and will be listed for circulation on August 19, 2024. For details, please refer to the "Indicative Announcementon the Listing and Circulation of Certain Shares Issued Before the Initial Public Offering" (Announcement No.: 2024-032) disclosedby the company on www.cninfo.com.cn on August 15, 2024.IV. Quarterly Financial Statements(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by: ZKTECO CO., LTD.
September 30, 2024
Unit: RMB
| Item | September 30, 2024 | January 1, 2024 |
| Current assets: | ||
| Monetary funds | 1,115,899,129.93 | 1,990,924,954.78 |
| Deposit reservation for balance | ||
| Lendings to banks and other financial institutions | ||
| Trading financial assets | 764,033,931.90 | 80,980,203.63 |
| Derivative financial assets | ||
| Notes receivable | 515,096.30 | |
| Accounts receivable | 480,322,527.13 | 479,803,313.66 |
| Receivable financing | ||
| Prepayments | 27,479,118.04 | 23,457,907.24 |
| Premiums receivable | ||
| Reinsurance accounts receivable | ||
| Reserves for reinsurance contract receivable | ||
| Other receivables | 36,271,529.22 | 32,744,574.20 |
| Including: interest receivable | ||
| Dividends receivable | ||
| Buying back the sale of financial assets | ||
| Inventories | 353,269,196.71 | 372,714,784.31 |
| Including: Data resources | ||
| Contract assets | 282,186.31 | 282,186.31 |
| Held-for-sale assets | ||
| Non-current assets due within one year | 28,864,708.11 | 17,257,614.74 |
| Other current assets | 24,882,547.69 | 25,865,809.28 |
| Total current assets | 2,831,819,971.34 | 3,024,031,348.15 |
| Non-current assets: | ||
| Loans and advances to customers | ||
| Debt investment | 14,375,737.01 | 42,284,596.90 |
| Other debt investment | ||
| Long-term receivables | 3,315,367.65 | 2,447,228.23 |
| Long-term equity investment | 28,847,702.47 | 29,781,888.62 |
| Other equity instrument investments | ||
| Other non-current financial assets | ||
| Investment real estate | 21,914,609.79 | 23,145,488.85 |
| Fixed assets | 464,154,116.07 | 470,121,791.29 |
| Construction in progress | 242,871,320.17 | 138,986,483.73 |
| Productive biological assets | ||
| Oil and gas assets | ||
| Right-of-use assets | 50,679,184.46 | 38,669,718.86 |
| Intangible assets | 89,949,940.34 | 66,016,371.68 |
| Including: Data resources | ||
| Development expenditures | ||
| Including: Data resources | ||
| Goodwill | 499,436.88 | 504,803.72 |
| Long-term deferred expenses | 7,450,870.67 | 3,768,847.81 |
| Deferred income tax assets | 81,997,415.29 | 67,257,559.01 |
| Other non-current assets | 3,498,855.04 | 16,884,605.85 |
| Total non-current assets | 1,009,554,555.84 | 899,869,384.55 |
| Total assets | 3,841,374,527.18 | 3,923,900,732.70 |
| Current liabilities: | ||
| Short-term loan | ||
| Borrowings from the Central Bank | ||
| Borrowings from banks and other financial institutions | ||
| Trading financial liabilities | ||
| Derivative financial liabilities | ||
| Notes payable | 130,269,063.79 | 122,573,544.09 |
| Accounts payable | 154,868,304.31 | 245,084,182.32 |
| Advances from customer | ||
| Contract liabilities | 77,614,095.66 | 65,331,106.17 |
| Financial assets sold for repurchase | ||
| Deposit from customers and interbank | ||
| Acting trading securities | ||
| Acting underwriting securities | ||
| Payroll payable | 34,466,595.24 | 56,630,101.98 |
| Taxes and dues payable | 20,424,621.97 | 28,892,229.44 |
| Other payables | 46,806,419.79 | 36,735,314.36 |
| Including: interest payable | ||
| Dividends payable | ||
| Handling charges and commissions payable | ||
| Reinsurance accounts receivable | ||
| Liabilities held for sale | ||
| Non-current liabilities due within one year | 23,020,192.60 | 21,094,682.36 |
| Other current liabilities | 10,492,065.50 | 16,463,934.35 |
| Total current liabilities | 497,961,358.86 | 592,805,095.07 |
| Non-current liabilities: | ||
| Reserves for insurance contracts | ||
| Long-term loan | 6,964,023.12 | 7,810,405.04 |
| Bonds payable | ||
| Including: preferred stock | ||
| Perpetual bonds | ||
| Lease liabilities | 30,799,092.84 | 19,713,286.21 |
| Long-term payables | ||
| Long-term payroll payable | ||
| Estimated liabilities | 600,000.00 | |
| Deferred income | 1,719,939.68 | 1,853,549.62 |
| Deferred income tax liabilities | 12,936,336.95 | 10,329,053.48 |
| Other non-current liabilities | ||
| Total non-current liabilities | 52,419,392.59 | 40,306,294.35 |
| Total liabilities | 550,380,751.45 | 633,111,389.42 |
| Owner's equity: | ||
| Share capital | 194,679,508.00 | 194,679,508.00 |
| Other equity instruments | ||
| Including: preferred stock | ||
| Perpetual bonds | ||
| Capital reserve | 2,086,410,770.67 | 2,075,479,375.13 |
| Less: treasury stock | 59,683,228.10 | 784,700.00 |
| Other comprehensive income | 31,893,739.89 | 28,000,959.19 |
| Special reserve | ||
| Surplus reserves | 60,455,422.50 | 60,455,422.50 |
| General risk reserves | ||
| Undistributed profits | 941,659,131.72 | 907,583,024.38 |
| Total owner's equity attributable to the parent company | 3,255,415,344.68 | 3,265,413,589.20 |
| Minority interests | 35,578,431.05 | 25,375,754.08 |
| Total owner's equity | 3,290,993,775.73 | 3,290,789,343.28 |
| Total liabilities and owner's equity | 3,841,374,527.18 | 3,923,900,732.70 |
Legal Representative: Jin Hairong. Person in charge of accounting work: Wang Youwu. Person in charge of accounting institution:
Fang Li
2. Consolidated income statement
Unit: RMB
| Item | 2024 Q3 | 2023 Q3 |
| I. Total operating income | 1,410,900,152.75 | 1,439,983,612.03 |
| Including: operating income | 1,410,900,152.75 | 1,439,983,612.03 |
| Interest income | ||
| Premium earned | ||
| Income from handling charges and commissions | ||
| II. Total operating cost | 1,283,744,507.66 | 1,262,912,308.23 |
| Including: operating cost | 712,445,786.52 | 747,237,863.64 |
| Interest expenses | ||
| Expenses from handling charges and commissions | ||
| Surrender value | ||
| Net payments for insurance claims | ||
| Net provisions for policy reserves | ||
| Policy dividend expenses | ||
| Reinsurance expenses | ||
| Taxes and surcharges | 19,112,324.06 | 14,487,429.74 |
| Selling expenses | 322,289,681.26 | 296,766,809.25 |
| Administrative expenses | 80,418,280.82 | 93,319,512.60 |
| R&D expenses | 163,371,299.00 | 156,078,964.11 |
| Financial expenses | -13,892,864.00 | -44,978,271.11 |
| Including: interest expenses | 2,939,981.92 | 2,461,347.10 |
| Interest income | 33,268,254.31 | 45,417,933.63 |
| Plus: other income | 11,570,705.16 | 8,430,892.85 |
| Investment income ( loss expressed with "-") | 4,917,886.48 | -1,725,758.54 |
| Including: investment income in associates and joint ventures | 1,598,069.04 | 1,812,820.04 |
| Gains from derecognition of financial assets measured at amortized cost | ||
| Gains from foreign exchange (loss expressed with "-") | ||
| Gains from net exposure hedging (loss expressed with "-") | ||
| Gains from changes in fair value (loss expressed with "-") | 8,190,593.67 | -1,955,731.23 |
| Credit impairment loss (loss expressed with "-") | -2,778,896.29 | -4,162,381.02 |
| Losses from impairment of assets (loss expressed with "-") | -5,994,941.10 | -3,428,778.18 |
| Income from asset disposal (loss expressed with "-") | -145,799.95 | -234,164.39 |
| III. Operating profit (loss expressed with "-") | 142,915,193.06 | 173,995,383.29 |
| Plus: non-operating income | 2,507,995.03 | 780,799.31 |
| Less: non-operating expenditure | 3,891,679.49 | 3,823,995.51 |
| IV. Total profit (loss expressed with "-") | 141,531,508.60 | 170,952,187.09 |
| Less: income tax expenses | 8,111,368.11 | 16,266,701.41 |
| V. Net profit (loss expressed with "-") | 133,420,140.49 | 154,685,485.68 |
| (I) Classification by business continuity | ||
| 1. Net profit from continuing operations (net loss expressed with "-") | 133,420,140.49 | 154,685,485.68 |
| 2. Net profit from discontinued operations (net loss expressed with "-") | ||
| (II) Classification by ownership | ||
| 1. Net profit attributable to shareholders of the parent company (net loss expressed with "-") | 120,678,385.94 | 138,643,533.82 |
| 2. Minority shareholders' profit and loss(net loss expressed with "-") | 12,741,754.55 | 16,041,951.86 |
| VI. Other comprehensive income - after tax | 5,075,837.07 | 1,168,896.86 |
| Net of tax of other comprehensive income attributable to the owner of the parent company | 3,892,780.70 | 12,303,916.81 |
| Other comprehensive income that cannot be transferred to profit or loss | ||
| 1. Changes in re-measurement of the defined benefit plan | ||
| 2. Other comprehensive income that cannot be transferred to profit or loss under the equity method |
| 3. Changes in fair value of other equity instrument investments | ||
| 4. Changes in the fair value of the Company's own credit risk | ||
| 5. Other | ||
| (2) Other comprehensive income that will be reclassified into profit or loss | 3,892,780.70 | 12,303,916.81 |
| 1. Other comprehensive income that can be transferred to profit or loss under the equity method | ||
| 2. Changes in fair value of other debt investments | ||
| 3. Amount of financial assets reclassified into other comprehensive income | ||
| 4. Provision for credit impairment of other debt investments | ||
| 5. Cash flow hedging reserve | ||
| 6. Translation difference of foreign currency financial statements | 3,892,780.70 | 12,303,916.81 |
| 7. Others | ||
| After-tax net amount of other comprehensive income attributable to the minority shareholders | 1,183,056.37 | -11,135,019.95 |
| VII. Total comprehensive income | 138,495,977.56 | 155,854,382.54 |
| Total comprehensive income attributable to owners of the parent company | 124,571,166.64 | 150,947,450.63 |
| Total comprehensive income attributable to minority shareholders | 13,924,810.92 | 4,906,931.91 |
| VIII. Earnings per share: | ||
| (I) Basic earnings per share | 0.6254 | 0.7182 |
| (II) Diluted earnings per share | 0.6218 | 0.7141 |
In the event of a merger of enterprise under the same control in the current period, the net profit realized by the combined party beforethe merger is RMB 0.00, and the net profit realized by the combined party in the previous period is RMB 0.00.Legal Representative: Jin Hairong Person in charge of accounting work: Wang Youwu Person in charge of accounting institution:
Fang Li
3. Consolidated Cash Flow Statement
Unit: RMB
| Item | 2024 Q3 | 2023 Q3 |
| I. Cash flows from operating activities: | ||
| Cash received from sale of goods and rendering of services | 1,506,119,157.41 | 1,487,266,012.39 |
| Net increase in deposits from customers and deposits in banks and other financial institutions | ||
| Net increase in borrowings from the Central Bank | ||
| Net increase in borrowings from banks and other financial institutions | ||
| Cash received from receiving insurance premiums of original insurance contracts |
| Net cash received from reinsurance business | ||
| Net increase in deposits and investments from policyholders | ||
| Cash received from interest, handling fees and commissions | ||
| Net increase in borrowings from banks and other financial institutions | ||
| Net capital increase in repurchase business | ||
| Net cash received from vicariously traded securities | ||
| Refund of taxes and surcharges | 60,316,610.02 | 48,522,171.18 |
| Cash received from other operating activities | 47,075,742.78 | 34,026,186.26 |
| Subtotal of cash inflows from operating activities | 1,613,511,510.21 | 1,569,814,369.83 |
| Cash paid for purchase of goods and rendering of services | 788,109,062.29 | 729,304,911.13 |
| Net increase in loans and advances to customers | ||
| Net increase in deposits in Central Bank and other banks and financial institutions | ||
| Cash paid for original insurance contract claims | ||
| Net increase in lendings to banks and other financial institutions | ||
| Cash paid for interest, handling fees and commissions | ||
| Cash paid for policy dividends | ||
| Cash paid to and for employees | 425,640,836.80 | 412,108,352.14 |
| Payments of all types of taxes | 70,818,064.05 | 54,586,811.26 |
| Other cash payments relating to operating activities | 192,804,947.03 | 190,511,459.43 |
| Subtotal of cash outflows from operating activities | 1,477,372,910.17 | 1,386,511,533.96 |
| Net cash flows from operating activities | 136,138,600.04 | 183,302,835.87 |
| II. Cash flows from investing activities: | ||
| Cash received from disinvestment | 902,775,551.21 | 549,376,181.66 |
| Cash received from investment income | 5,102,718.06 | 2,499,098.17 |
| Net cash received from disposal of fixed assets, intangible assets and other long-term assets | 64,134.09 | 343,862.87 |
| Net cash received from disposal of subsidiaries and other business units | ||
| Cash received from other investing activities | 68,155.00 | |
| Subtotal of cash inflows from investing activities | 908,010,558.36 | 552,219,142.70 |
| Cash paid to acquire and construct fixed assets, intangible assets and other long-term assets | 156,725,908.68 | 108,652,539.76 |
| Cash paid for investments | 1,202,931,631.21 | 619,025,771.88 |
| Net increase in pledge loans |
| Net cash paid to acquire subsidiaries and other business units | ||
| Cash paid for other investing activities | 6,840,695.00 | |
| Subtotal of cash outflows from investing activities | 1,359,657,539.89 | 734,519,006.64 |
| Net cash flows from investing activities | -451,646,981.53 | -182,299,863.94 |
| III. Cash flows from financing activities: | ||
| Cash received from investors | 2,445,378.21 | |
| Including: cash received by subsidiaries from the absorption of minority shareholders' investments | 2,445,378.21 | |
| Cash received from borrowings | 8,500,000.00 | |
| Cash received from other financing activities | 5,255,181.80 | |
| Subtotal of cash inflows from financing activities | 5,255,181.80 | 10,945,378.21 |
| Cash paid for debt repayments | 1,089,804.61 | 224,246.01 |
| Cash paid for distribution of dividends and profits or payment of interest | 97,487,401.63 | 73,168,224.18 |
| Including: dividends and profits paid to minority shareholders by subsidiaries | 10,765,313.30 | 21,116,705.95 |
| Cash paid for other financing activities | 87,725,493.56 | 24,422,471.28 |
| Subtotal of cash outflows from financing activities | 186,302,699.80 | 97,814,941.47 |
| Net cash flows from financing activities | -181,047,518.00 | -86,869,563.26 |
| IV. Effect of exchange rate changes on cash and cash equivalents | -4,806,004.13 | 2,693,343.90 |
| V. Net increase in cash and cash equivalents | -501,361,903.62 | -83,173,247.43 |
| Plus: beginning balance of cash and cash equivalents | 1,317,020,553.02 | 1,077,608,258.10 |
| VI. Closing balance of cash and cash equivalents | 815,658,649.40 | 994,435,010.67 |
(II) Implementation of new accounting standards adjustment for the first time starting from2024. Relevant project information on financial statements at the beginning of the year
□ Applicable ? Not applicable
(III) Audit Report
Whether the 3
rdQuarter Report has been audited
□ Yes ? No
The Company's Q3 Report has not been audited.
ZKTECO CO., LTD.Board of Directors
October 30, 2024
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