Taijia shares released the third quarter report of 2024.
In the first three quarters of 2024, Taijia achieved operating income of 1.316 billion yuan, a year-on-year decrease of 6.62%; the net profit was 60 million yuan, a year-on-year decrease of 37.48%; The net profit attributable to the parent company was 66 million yuan, a year-on-year decrease of 35.67%.
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Revenue decreased by 6.62% year-on-year, and net profit attributable to the parent company decreased by 35.67% year-on-year
In the first three quarters of 2024, Taijia's total operating income was 1.316 billion yuan, a year-on-year decrease of 6.62%; the net profit attributable to the parent company was 66 million yuan, a year-on-year decrease of 35.67%; The net profit attributable to the parent company after deducting non-profits was 68 million yuan, a year-on-year decrease of 15.21%.
In the first three quarters of 2024, Taijia's R&D expenses were 59 million yuan, an increase of 40.9% year-on-year. The company's R&D expenses accounted for 4.51% of revenue, an increase of 1.52 percentage points year-on-year.
In a single quarter, Taijia achieved revenue of 454 million yuan in the third quarter, an increase of 8.76% from the previous quarter and a year-on-year decrease of 2.12%. From the perspective of profitability, the company achieved a net profit attributable to the parent company of 12 million yuan in the third quarter, a decrease of 48.25% from the previous quarter and a year-on-year decrease of 72.14%.
Operating cash flow increased by 325% year-on-year
According to the third quarter report of 2024, the company's net operating cash flow during the period was 90 million yuan, an increase of 325% year-on-year from 21 million yuan in the same period last year.
Taijia's net operating cash flow in the third quarter was -57 million yuan, a year-on-year decrease of 347.57%.
The inventory was 263 million yuan, and the total liabilities decreased by 6.09% year-on-year
At the end of the third quarter of 2024, Taijia's total liabilities were 1.18 billion yuan, a year-on-year decrease of 7.36%.
The asset-liability ratio of Taijia shares was 45.57%, compared with 46.36% in the same period last year, a year-on-year decrease of 0.79 percentage points.
As of the end of the third quarter of 2024, the company's inventory was 263 million yuan, a year-on-year decrease of 7.27%.
(Article serial number: 1845783069412429824/PLH.)
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