ZKTeco 2024 Q3 Report
Stock Code: 301330 Abbreviation of Securities: ZKTECO Announcement No.: 2024-047
ZKTECO CO., LTD.
2024 3rd Quarter Report
The Company and all members of the Board of Directors guarantee that the
information 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 guarantee
that the information presented in this report is true, accurate and complete without any false records, misleading
statements 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 charge
of accounting institution (accounting supervisor) hereby declare that the financial information in this report is true,
accuracy and complete.
3. Whether the 3rd quarter report has been audited
□ Yes No
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ZKTeco 2024 Q3 Report
I. Key Financial Data
(I) Main Accounting Data and Financial Indicators
Whether the Company performed a retroactive adjustment or restatement of the previous accounting data
□ Yes No
Increase/decrease in this
From the beginning of
YoY change during the reporting period
Current reporting period 2024 to the end of the
reporting period compared to the same
reporting period
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 42,040,658.61 -15.73% 120,678,385.94 -12.96%
companies (RMB)
Net profit attributable to
shareholders of listed
companies after deducting 38,795,453.63 -22.60% 105,967,658.69 -26.72%
non-recurring profits and
losses (RMB)
Net cash flows from
operating activities -- -- 136,138,600.04 -25.73%
(RMB)
Basic earnings per share
0.2184 4.00% 0.6254 -12.92%
(RMB/share)
Diluted earnings per share
0.2182 4.05% 0.6218 -12.93%
(RMB/share)
Weighted average return
1.30% -0.28% 3.71% -0.73%
on net assets
At the end of this At the end of the previous Increase or decrease at the end of this reporting
reporting period year 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
3,255,415,344.68 3,265,413,589.20 -0.31%
shareholders of the listed
company (RMB)
(II) Items and Amounts of Non-recurring Gains and Losses
Applicable □Not applicable
Unit: RMB
Amount from the beginning of
Amount during this
Item 2024 to the end of the reporting Remarks
reporting period
period
Losses and gains from disposal of non-current
assets (including the offsetting portion of the -400,990.50 -544,946.06
provision for asset impairment)
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ZKTeco 2024 Q3 Report
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, 849,656.13 5,880,119.01
enjoyed according to determined standards, and
have a continuous impact on the Company's
profits and losses)
Profits and losses from fair value changes
arising from the holding of financial assets and
Mainly due to investment
financial liabilities by non-financial enterprises,
income and fair value
as well as the gains and losses arising from the 5,310,789.65 11,416,299.65
changes generated by
disposal of financial assets and financial
financial products
liabilities except for effective hedging business
related to the normal operation of the Company
Capital occupancy fees charged to non-financial
10,688.36 31,883.47
enterprises included in current profits and losses
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
-2,668,740.04 -1,200,608.90
than the above items
Less: income tax impact -83,891.73 1,194,233.30
Minority interest impact
10,090.35 -82,213.38
(after tax)
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 Disclosure
by 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 Information
Disclosure 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
Mainly due to the purchase of financial
products, investment expenses for construction
Monetary funds 1,115,899,129.93 1,990,924,954.78 -43.95%projects, implementation of share repurchases,
and distribution of profits (cash dividends) from
the previous year in current period
Mainly due to the increase in wealth
Trading financial assets 764,033,931.90 80,980,203.63 843.48% management productssuch as structured deposits
in the current period
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ZKTeco 2024 Q3 Report
Mainly due to the transfer of large-denomination
certificates of deposit from banks at the end of
Debt investment 14,375,737.01 42,284,596.90 -66.00%the previous period to non-current assets due
within one year
Mainly due to the construction project of the
Multimodal Biometrics Digitalization Industrial
Construction in
242,871,320.17 138,986,483.73 74.74%Base Construction Project and the new
progress
investment in the construction of the Thai
factory in this period
Mainly due to the carry-over of the SAP system
Intangible assets 89,949,940.34 66,016,371.68 36.25% in the current period when it reaches the usable
state
Mainly due to the addition and renewal of office
Lease liabilities 30,799,092.84 19,713,286.21 56.24%leases in the current period
Mainly due to the decrease in the purchase
Accounts payable 154,868,304.31 245,084,182.32 -36.81%amount and the decrease in the construction
payment payable in the current period
Mainly due to the implementation of share
Treasury stock 59,683,228.10 784,700.00 7,505.87% repurchase in the current period
Income Statement January - September January - September
Change ratio Reasons
Items 2024 2023
Mainly due to a decrease in interest income and
an increase in exchange losses for the current
Financial expenses -13,892,864.00 -44,978,271.11 69.11%period (compared to exchange gains in the same
period last year)
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
Investment income 4,917,886.48 -1,725,758.54 384.97% 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
Mainly due to the increase in the income
generated during the holding period of the
purchased wealth management products during
Gains from changes in the reporting period, and the loss incurred during
8,190,593.67 -1,955,731.23 518.80% the holding period of some forward foreign
fair value
exchange contracts purchased due to hedging the
risk of exchange rate fluctuations in the same
period of the previous year
Mainly due to the increase in the provision for
Losses from
-5,994,941.10 -3,428,778.18 74.84%falling prices of inventories during the reporting
impairment of assets period
Mainly due to the write-off of bad debts in the
current period and the decrease in the total
Income tax expenses 8,111,368.11 16,266,701.41 -50.14%profits of some subsidiaries, resulting in a
decrease in income tax in the current period
Cash Flow Statement January - September January - September
Change ratio Reasons
Items 2024 2023
Net cash flows from Mainly due to the increase in cash payments for
136,138,600.04 183,302,835.87 25.73%
operating activities goods purchased and labor services received in
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ZKTeco 2024 Q3 Report
the current period, as well as the increase in
taxes and fees paid in the current period
Mainly due to the payment for the construction
project of the Multimodal Biometrics
Digitalization Industrial Base Construction
Net cash flows from Project, the construction of the Thai factory, and
-451,646,981.53 -182,299,863.94 -147.75%
investing activities 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
Mainly due to the increase in the distribution of
Net cash flows from
-181,047,518.00 -86,869,563.26 -108.41% cash dividends and payment of share repurchase
financing activities expenses in the current period
Mainly due to a decrease in net cash flow from
Net increase in cash
-501,361,903.62 -83,173,247.43 -502.79% investing activities and financing activities in the
and cash equivalents current period
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ZKTeco 2024 Q3 Report
II. Shareholder Information
(I) Table of the Total Number of Common Shareholders and the Number of Preferred Shareholders with
Resumed Voting Rights and Information about Top Ten Shareholders
Unit: share
Total number of preferred shareholders whose
Total number of common shareholders at the end of the
18,942 voting rights have been recovered at the end of the 0
reporting period
reporting period (if any)
Particulars about the top 10 shareholders (excluding shares lent through refinancing)
Total shares Number of shares Pledged, marked or frozen
Shareholding
Name of shareholder Nature of shareholder held at the with trading
percentage Share status Amount
period-end restrictions
Shenzhen ZKTeco Times Domestic non state-
30.05% 58,500,000 58,500,000 Not applicable
Investment Co., Ltd. owned legal persons 0
Che Quanhong Domestic individual 17.48% 34,022,300 34,022,300 Not applicable 0
Shenzhen JYSJ Investment Domestic non state-
7.21% 14,038,400 7,053,800 Not applicable 0
Enterprise (Limited Partnership) owned legal persons
Shenzhen JYHY Investment Domestic non state-
7.13% 13,874,950 6,960,524 Not applicable 0
Enterprise (Limited Partnership) owned legal persons
Dongguan LX Investment
Domestic non state-
Partnership Enterprise (Limited 5.08% 9,880,000 9,880,000 Not applicable 0
owned legal persons
Partnership)
Shenzhen JYLX Consulting Domestic non state-
2.30% 4,476,086 2,374,190 Not applicable 0
Enterprise (Limited Partnership) owned legal persons
Shenzhen JYQL Investment
Domestic non state-
Consulting Enterprise (Limited 0.78% 1,521,100 881,400 Not applicable 0
owned legal persons
Partnership)
Shenzhen Gohedge Fund
Management Co., Ltd. -
others 0.35% 688,580 0 Not applicable 0
Gohedge Pearl No.1 Private
Equity Fund
Shenzhen Fuhai Juanyong I
Domestic non state-
Venture Investment Fund 0.34% 666,138 0 Not applicable 0
owned legal persons
(Limited Partnership)
Hong Kong Securities Clearing
Foreign legal person 0.34% 655,954 0 Not applicable 0
Company Limited
Particulars about the top 10 shareholders not subject to trading restrictions
(excluding shares lent through refinancing and executive lockup shares)
Types of shares
Name of shareholder Number of shares without trading restrictions
Type Number
RMB
Shenzhen JYSJ Investment Enterprise (Limited
6,984,600 denominated 6,984,600
Partnership)
ordinary shares
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ZKTeco 2024 Q3 Report
RMB
Shenzhen JYHY Investment Enterprise (Limited
6,914,426 denominated 6,914,426
Partnership)
ordinary shares
RMB
Shenzhen JYLX Consulting Enterprise (Limited
2,101,896 denominated 2,101,896
Partnership)
ordinary shares
RMB
Shenzhen Gohedge Fund Management Co., Ltd. -
688,580 denominated 688,580
Gohedge Pearl No.1 Private Equity Fund
ordinary shares
RMB
Shenzhen Fuhai Juanyong I Venture Investment Fund
666,138 denominated 666,138
(Limited Partnership)
ordinary shares
RMB
Hong Kong Securities Clearing Company Limited 655,954 denominated 655,954
ordinary shares
RMB
Shenzhen JYQL Investment Consulting Enterprise
639,700 denominated 639,700
(Limited Partnership)
ordinary shares
RMB
Guangfa Securities Co., Ltd. - Bodao Growth Zhihang
536,550 denominated 536,550
Equity Securities Investment Fund
ordinary shares
RMB
Gu Meijuan 500,000 denominated 500,000
ordinary shares
Changjiang Wealth Asset Management - Bank of
RMB
Nanjing - Changjiang Wealth - ZKTeco Employee
379,592 denominated 379,592
Strategic Placement No.1 Collective Asset
ordinary shares
Management Plan
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
Explanation on associated relationship and concerted actions among
property share of shareholder Shenzhen JYLX Consulting
above shareholders
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
No
and short selling business (if any)
Note: Special explanations on the existence of repurchased accounts among the top 10 shareholders not subject to trading restrictions
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ZKTeco 2024 Q3 Report
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. It
is hereby clarified.
Participation of shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 shareholders of outstanding
shares 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 the
previous 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
Number of Number of shares Increase in Number of
Name of restricted shares released from restricted restricted shares Reason for Date of releasing from
shareholder at the beginning trading restrictions shares in this at the end of the restrictions trading restrictions
of the period in this period period period
During the tenure of
directors, supervisors and
senior executives, 25% of the
Executives lock
Jin Hairong 5,850 5,850 total number of shares held
up shares
will be unlocked every year,
and the remaining 75% will
be automatically locked
Restricted
Che Quanhong 34,022,300 34,022,300 shares before February 17, 2026
IPO
During the tenure of
directors, supervisors and
senior executives, 25% of the
Executives lock
Mu Wenting 8,775 8,775 total number of shares held
up shares
will be unlocked every year,
and the remaining 75% will
be automatically locked
During the tenure of
directors, supervisors and
senior executives, 25% of the
Executives lock
Fu Zhiqian 5,362 5,362 total number of shares held
up shares
will be unlocked every year,
and the remaining 75% will
be automatically locked
Shenzhen ZKTeco Restricted
Times Investment 58,500,000 58,500,000 shares before February 17, 2026
Co., Ltd. IPO
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ZKTeco 2024 Q3 Report
Dongguan LX
Investment Restricted
Partnership 9,880,000 9,880,000 shares before August 17, 2025
Enterprise (Limited IPO
Partnership)
Shenzhen JYHY One quarter of the shares will
Restricted
Investment be unlocked from August 17,
10,440,787 3,480,263 6,960,524 shares before
Enterprise (Limited 2023, until all shares are
IPO
Partnership) unlocked on August 17, 2026
Shenzhen JYSJ One quarter of the shares will
Restricted
Investment be unlocked from August 17,
10,580,700 3,526,900 7,053,800 shares before
Enterprise (Limited 2023, until all shares are
IPO
Partnership) unlocked on August 17, 2026
Shenzhen JYQL
One quarter of the shares will
Investment Restricted
be unlocked from August 17,
Consulting 1,322,100 440,700 881,400shares before
2023, until all shares are
Enterprise (Limited IPO
unlocked on August 17, 2026
Partnership)
Shenzhen JYLX One quarter of the shares will
Restricted
Consulting be unlocked from August 17,
3,561,285 1,187,095 2,374,190 shares before
Enterprise (Limited 2023, until all shares are
IPO
Partnership) unlocked on August 17, 2026
Total 128,327,159 8,634,958 0 119,692,201 -- --
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ZKTeco 2024 Q3 Report
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 and
traded is 8,634,958 shares, accounting for 4.4355% of the company's total share capital. The above-mentioned shares will be lifted
from sales restrictions and will be listed for circulation on August 19, 2024. For details, please refer to the "Indicative Announcement
on the Listing and Circulation of Certain Shares Issued Before the Initial Public Offering" (Announcement No.: 2024-032) disclosed
by 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
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ZKTeco 2024 Q3 Report
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
23,020,192.60 21,094,682.36
year
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
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ZKTeco 2024 Q3 Report
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
3,255,415,344.68 3,265,413,589.20
parent company
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
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ZKTeco 2024 Q3 Report
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
4,917,886.48 -1,725,758.54
with "-")
Including: investment income
1,598,069.04 1,812,820.04
in associates and joint ventures
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
8,190,593.67 -1,955,731.23
(loss expressed with "-")
Credit impairment loss (loss
-2,778,896.29 -4,162,381.02
expressed with "-")
Losses from impairment of assets
-5,994,941.10 -3,428,778.18
(loss expressed with "-")
Income from asset disposal (loss
-145,799.95 -234,164.39
expressed with "-")
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
133,420,140.49 154,685,485.68
operations (net loss expressed with "-")
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 120,678,385.94 138,643,533.82
loss expressed with "-")
2. Minority shareholders' profit and
12,741,754.55 16,041,951.86
loss(net loss expressed with "-")
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
3,892,780.70 12,303,916.81
parent company
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
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ZKTeco 2024 Q3 Report
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
3,892,780.70 12,303,916.81
will be reclassified into profit or loss
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
3,892,780.70 12,303,916.81
currency financial statements
7. Others
After-tax net amount of other
comprehensive income attributable to the 1,183,056.37 -11,135,019.95
minority shareholders
VII. Total comprehensive income 138,495,977.56 155,854,382.54
Total comprehensive income attributable
124,571,166.64 150,947,450.63
to owners of the parent company
Total comprehensive income attributable
13,924,810.92 4,906,931.91
to minority shareholders
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 before
the 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
1,506,119,157.41 1,487,266,012.39
rendering of services
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
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ZKTeco 2024 Q3 Report
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
47,075,742.78 34,026,186.26
activities
Subtotal of cash inflows from operating
1,613,511,510.21 1,569,814,369.83
activities
Cash paid for purchase of goods and
788,109,062.29 729,304,911.13
rendering of services
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
192,804,947.03 190,511,459.43
activities
Subtotal of cash outflows from operating
1,477,372,910.17 1,386,511,533.96
activities
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 64,134.09 343,862.87
assets
Net cash received from disposal of
subsidiaries and other business units
Cash received from other investing
68,155.00
activities
Subtotal of cash inflows from investing
908,010,558.36 552,219,142.70
activities
Cash paid to acquire and construct fixed
assets, intangible assets and other long-term 156,725,908.68 108,652,539.76
assets
Cash paid for investments 1,202,931,631.21 619,025,771.88
Net increase in pledge loans
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ZKTeco 2024 Q3 Report
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
1,359,657,539.89 734,519,006.64
activities
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
2,445,378.21
shareholders' investments
Cash received from borrowings 8,500,000.00
Cash received from other financing
5,255,181.80
activities
Subtotal of cash inflows from financing
5,255,181.80 10,945,378.21
activities
Cash paid for debt repayments 1,089,804.61 224,246.01
Cash paid for distribution of dividends
97,487,401.63 73,168,224.18
and profits or payment of interest
Including: dividends and profits paid to
10,765,313.30 21,116,705.95
minority shareholders by subsidiaries
Cash paid for other financing activities 87,725,493.56 24,422,471.28
Subtotal of cash outflows from financing
186,302,699.80 97,814,941.47
activities
Net cash flows from financing activities -181,047,518.00 -86,869,563.26
IV. Effect of exchange rate changes on cash
-4,806,004.13 2,693,343.90
and cash equivalents
V. Net increase in cash and cash equivalents -501,361,903.62 -83,173,247.43
Plus: beginning balance of cash and cash
1,317,020,553.02 1,077,608,258.10
equivalents
VI. Closing balance of cash and cash
815,658,649.40 994,435,010.67
equivalents
(II) Implementation of new accounting standards adjustment for the first time starting from
2024. Relevant project information on financial statements at the beginning of the year
□ Applicable Not applicable
(III) Audit Report
Whether the 3rd Quarter 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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