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
1ZKTeco 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)
507796993.980.99%1410900152.75-2.02%
Net profit attributable to
shareholders of listed 42040658.61 -15.73% 120678385.94 -12.96%
companies (RMB)
Net profit attributable to
shareholders of listed
companies after deducting 38795453.63 -22.60% 105967658.69 -26.72%
non-recurring profits and
losses (RMB)
Net cash flows from
operating activities -- -- 136138600.04 -25.73%
(RMB)
Basic earnings per share
0.21844.00%0.6254-12.92%
(RMB/share)
Diluted earnings per share
0.21824.05%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) 3841374527.18 3923900732.70 -2.10%
Owner's equity
attributable to
3255415344.683265413589.20-0.31%
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 -400990.50 -544946.06
provision for asset impairment)
2ZKTeco 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 849656.13 5880119.01
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 5310789.65 11416299.65
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
10688.3631883.47
enterprises included in current profits and losses
Reversal of the provision on receivables with
impairment test conducted on an individual basis 70000.00 240000.00
Other non-operating income and expenses other
-2668740.04-1200608.90
than the above items
Less: income tax impact -83891.73 1194233.30
Minority interest impact
10090.35-82213.38
(after tax)
Total 3245204.98 14710727.25 --
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 1115899129.93 1990924954.78 -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 764033931.90 80980203.63 843.48% management productssuch as structured deposits
in the current period
3ZKTeco 2024 Q3 Report
Mainly due to the transfer of large-denomination
certificates of deposit from banks at the end of
Debt investment 14375737.01 42284596.90 -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
242871320.17 138986483.73 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 89949940.34 66016371.68 36.25% in the current period when it reaches the usable
state
Mainly due to the addition and renewal of office
Lease liabilities 30799092.84 19713286.21 56.24% leases in the current period
Mainly due to the decrease in the purchase
Accounts payable 154868304.31 245084182.32 -36.81% amount and the decrease in the construction
payment payable in the current period
Mainly due to the implementation of share
Treasury stock 59683228.10 784700.00 7505.87% 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 -13892864.00 -44978271.11 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 lossesInvestment income 4917886.48 -1725758.54 384.97%
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
8190593.67-1955731.23518.80%
fair value 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
Mainly due to the increase in the provision for
Losses from
-5994941.10 -3428778.18 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 8111368.11 16266701.41 -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
136138600.04183302835.8725.73%
operating activities goods purchased and labor services received in
4ZKTeco 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
-451646981.53-182299863.94-147.75%
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
-181047518.00 -86869563.26 -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
-501361903.62 -83173247.43 -502.79% investing activities and financing activities in the
and cash equivalents current period
5ZKTeco 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
18942 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
Shareholding Pledged marked or frozen
Name of shareholder Nature of shareholder held at the with trading
percentage
period-end restrictions Share status Amount
Shenzhen ZKTeco Times Domestic non state-
30.05% 58500000 58500000 Not applicable
Investment Co. Ltd. owned legal persons 0
Che Quanhong Domestic individual 17.48% 34022300 34022300 Not applicable 0
Shenzhen JYSJ Investment Domestic non state-
7.21% 14038400 7053800 Not applicable 0
Enterprise (Limited Partnership) owned legal persons
Shenzhen JYHY Investment Domestic non state-
7.13% 13874950 6960524 Not applicable 0
Enterprise (Limited Partnership) owned legal persons
Dongguan LX Investment
Domestic non state-
Partnership Enterprise (Limited 5.08% 9880000 9880000 Not applicable 0
owned legal persons
Partnership)
Shenzhen JYLX Consulting Domestic non state-
2.30% 4476086 2374190 Not applicable 0
Enterprise (Limited Partnership) owned legal persons
Shenzhen JYQL Investment
Domestic non state-
Consulting Enterprise (Limited 0.78% 1521100 881400 Not applicable 0
owned legal persons
Partnership)
Shenzhen Gohedge Fund
Management Co. Ltd. -
others 0.35% 688580 0 Not applicable 0
Gohedge Pearl No.1 Private
Equity Fund
Shenzhen Fuhai Juanyong I
Domestic non state-
Venture Investment Fund 0.34% 666138 0 Not applicable 0
owned legal persons
(Limited Partnership)
Hong Kong Securities Clearing
Foreign legal person 0.34% 655954 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
6984600 denominated 6984600
Partnership)
ordinary shares
6ZKTeco 2024 Q3 Report
RMB
Shenzhen JYHY Investment Enterprise (Limited
6914426 denominated 6914426
Partnership)
ordinary shares
RMB
Shenzhen JYLX Consulting Enterprise (Limited
2101896 denominated 2101896
Partnership)
ordinary shares
RMB
Shenzhen Gohedge Fund Management Co. Ltd. -
688580 denominated 688580
Gohedge Pearl No.1 Private Equity Fund
ordinary shares
RMB
Shenzhen Fuhai Juanyong I Venture Investment Fund
666138 denominated 666138
(Limited Partnership)
ordinary shares
RMB
Hong Kong Securities Clearing Company Limited 655954 denominated 655954
ordinary shares
RMB
Shenzhen JYQL Investment Consulting Enterprise
639700 denominated 639700
(Limited Partnership)
ordinary shares
RMB
Guangfa Securities Co. Ltd. - Bodao Growth Zhihang
536550 denominated 536550
Equity Securities Investment Fund
ordinary shares
RMB
Gu Meijuan 500000 denominated 500000
ordinary shares
Changjiang Wealth Asset Management - Bank of
RMB
Nanjing - Changjiang Wealth - ZKTeco Employee
379592 denominated 379592
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
7ZKTeco 2024 Q3 Report
As of September 30 2024 the Company's repurchased special securities account holds 2230000 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 5850 5850 total number of shares held
up shares
will be unlocked every year
and the remaining 75% will
be automatically locked
Restricted
Che Quanhong 34022300 34022300 shares before February 17 2026
IPO
During the tenure of
directors supervisors and
senior executives 25% of the
Executives lock
Mu Wenting 8775 8775 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 5362 5362 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 58500000 58500000 shares before February 17 2026
Co. Ltd. IPO
8ZKTeco 2024 Q3 Report
Dongguan LX
Investment Restricted
Partnership 9880000 9880000 shares before August 17 2025
Enterprise (Limited IPO
Partnership)
Shenzhen JYHY One quarter of the shares will
Restricted
Investment be unlocked from August 17
10440787 3480263 6960524 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
10580700 3526900 7053800 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 1322100 440700 881400 shares 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
3561285 1187095 2374190 shares before
Enterprise (Limited 2023 until all shares are
IPO
Partnership) unlocked on August 17 2026
Total 128327159 8634958 0 119692201 -- --
9ZKTeco 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 8634958 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 1115899129.93 1990924954.78
Deposit reservation for balance
Lendings to banks and other financial
institutions
Trading financial assets 764033931.90 80980203.63
Derivative financial assets
Notes receivable 515096.30
Accounts receivable 480322527.13 479803313.66
Receivable financing
Prepayments 27479118.04 23457907.24
Premiums receivable
Reinsurance accounts receivable
Reserves for reinsurance contract
receivable
Other receivables 36271529.22 32744574.20
Including: interest receivable
Dividends receivable
Buying back the sale of financial assets
Inventories 353269196.71 372714784.31
Including: Data resources
Contract assets 282186.31 282186.31
Held-for-sale assets
Non-current assets due within one year 28864708.11 17257614.74
Other current assets 24882547.69 25865809.28
Total current assets 2831819971.34 3024031348.15
Non-current assets:
Loans and advances to customers
Debt investment 14375737.01 42284596.90
Other debt investment
Long-term receivables 3315367.65 2447228.23
10ZKTeco 2024 Q3 Report
Long-term equity investment 28847702.47 29781888.62
Other equity instrument investments
Other non-current financial assets
Investment real estate 21914609.79 23145488.85
Fixed assets 464154116.07 470121791.29
Construction in progress 242871320.17 138986483.73
Productive biological assets
Oil and gas assets
Right-of-use assets 50679184.46 38669718.86
Intangible assets 89949940.34 66016371.68
Including: Data resources
Development expenditures
Including: Data resources
Goodwill 499436.88 504803.72
Long-term deferred expenses 7450870.67 3768847.81
Deferred income tax assets 81997415.29 67257559.01
Other non-current assets 3498855.04 16884605.85
Total non-current assets 1009554555.84 899869384.55
Total assets 3841374527.18 3923900732.70
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 130269063.79 122573544.09
Accounts payable 154868304.31 245084182.32
Advances from customer
Contract liabilities 77614095.66 65331106.17
Financial assets sold for repurchase
Deposit from customers and interbank
Acting trading securities
Acting underwriting securities
Payroll payable 34466595.24 56630101.98
Taxes and dues payable 20424621.97 28892229.44
Other payables 46806419.79 36735314.36
Including: interest payable
Dividends payable
Handling charges and commissions
payable
Reinsurance accounts receivable
Liabilities held for sale
Non-current liabilities due within one
23020192.6021094682.36
year
Other current liabilities 10492065.50 16463934.35
Total current liabilities 497961358.86 592805095.07
Non-current liabilities:
Reserves for insurance contracts
Long-term loan 6964023.12 7810405.04
Bonds payable
Including: preferred stock
Perpetual bonds
Lease liabilities 30799092.84 19713286.21
11ZKTeco 2024 Q3 Report
Long-term payables
Long-term payroll payable
Estimated liabilities 600000.00
Deferred income 1719939.68 1853549.62
Deferred income tax liabilities 12936336.95 10329053.48
Other non-current liabilities
Total non-current liabilities 52419392.59 40306294.35
Total liabilities 550380751.45 633111389.42
Owner's equity:
Share capital 194679508.00 194679508.00
Other equity instruments
Including: preferred stock
Perpetual bonds
Capital reserve 2086410770.67 2075479375.13
Less: treasury stock 59683228.10 784700.00
Other comprehensive income 31893739.89 28000959.19
Special reserve
Surplus reserves 60455422.50 60455422.50
General risk reserves
Undistributed profits 941659131.72 907583024.38
Total owner's equity attributable to the
3255415344.683265413589.20
parent company
Minority interests 35578431.05 25375754.08
Total owner's equity 3290993775.73 3290789343.28
Total liabilities and owner's equity 3841374527.18 3923900732.70
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 1410900152.75 1439983612.03
Including: operating income 1410900152.75 1439983612.03
Interest income
Premium earned
Income from handling charges
and commissions
II. Total operating cost 1283744507.66 1262912308.23
Including: operating cost 712445786.52 747237863.64
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 19112324.06 14487429.74
Selling expenses 322289681.26 296766809.25
Administrative expenses 80418280.82 93319512.60
12ZKTeco 2024 Q3 Report
R&D expenses 163371299.00 156078964.11
Financial expenses -13892864.00 -44978271.11
Including: interest expenses 2939981.92 2461347.10
Interest income 33268254.31 45417933.63
Plus: other income 11570705.16 8430892.85
Investment income ( loss expressed
4917886.48-1725758.54
with "-")
Including: investment income
1598069.041812820.04
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
8190593.67-1955731.23
(loss expressed with "-")
Credit impairment loss (loss
-2778896.29-4162381.02
expressed with "-")
Losses from impairment of assets
-5994941.10-3428778.18
(loss expressed with "-")
Income from asset disposal (loss
-145799.95-234164.39
expressed with "-")
III. Operating profit (loss expressed with "-
142915193.06173995383.29
")
Plus: non-operating income 2507995.03 780799.31
Less: non-operating expenditure 3891679.49 3823995.51
IV. Total profit (loss expressed with "-") 141531508.60 170952187.09
Less: income tax expenses 8111368.11 16266701.41
V. Net profit (loss expressed with "-") 133420140.49 154685485.68
(I) Classification by business continuity
1. Net profit from continuing
133420140.49154685485.68
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 120678385.94 138643533.82
loss expressed with "-")
2. Minority shareholders' profit and
12741754.5516041951.86
loss(net loss expressed with "-")
VI. Other comprehensive income - after tax 5075837.07 1168896.86
Net of tax of other comprehensive
income attributable to the owner of the
3892780.7012303916.81
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
13ZKTeco 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
3892780.7012303916.81
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
3892780.7012303916.81
currency financial statements
7. Others
After-tax net amount of other
comprehensive income attributable to the 1183056.37 -11135019.95
minority shareholders
VII. Total comprehensive income 138495977.56 155854382.54
Total comprehensive income attributable
124571166.64150947450.63
to owners of the parent company
Total comprehensive income attributable
13924810.924906931.91
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
1506119157.411487266012.39
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
14ZKTeco 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 60316610.02 48522171.18
Cash received from other operating
47075742.7834026186.26
activities
Subtotal of cash inflows from operating
1613511510.211569814369.83
activities
Cash paid for purchase of goods and
788109062.29729304911.13
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 425640836.80 412108352.14
Payments of all types of taxes 70818064.05 54586811.26
Other cash payments relating to operating
192804947.03190511459.43
activities
Subtotal of cash outflows from operating
1477372910.171386511533.96
activities
Net cash flows from operating activities 136138600.04 183302835.87
II. Cash flows from investing activities:
Cash received from disinvestment 902775551.21 549376181.66
Cash received from investment income 5102718.06 2499098.17
Net cash received from disposal of fixed
assets intangible assets and other long-term 64134.09 343862.87
assets
Net cash received from disposal of
subsidiaries and other business units
Cash received from other investing
68155.00
activities
Subtotal of cash inflows from investing
908010558.36552219142.70
activities
Cash paid to acquire and construct fixed
assets intangible assets and other long-term 156725908.68 108652539.76
assets
Cash paid for investments 1202931631.21 619025771.88
Net increase in pledge loans
15ZKTeco 2024 Q3 Report
Net cash paid to acquire subsidiaries and
other business units
Cash paid for other investing activities 6840695.00
Subtotal of cash outflows from investing
1359657539.89734519006.64
activities
Net cash flows from investing activities -451646981.53 -182299863.94
III. Cash flows from financing activities:
Cash received from investors 2445378.21
Including: cash received by
subsidiaries from the absorption of minority
2445378.21
shareholders' investments
Cash received from borrowings 8500000.00
Cash received from other financing
5255181.80
activities
Subtotal of cash inflows from financing
5255181.8010945378.21
activities
Cash paid for debt repayments 1089804.61 224246.01
Cash paid for distribution of dividends
97487401.6373168224.18
and profits or payment of interest
Including: dividends and profits paid to
10765313.3021116705.95
minority shareholders by subsidiaries
Cash paid for other financing activities 87725493.56 24422471.28
Subtotal of cash outflows from financing
186302699.8097814941.47
activities
Net cash flows from financing activities -181047518.00 -86869563.26
IV. Effect of exchange rate changes on cash
-4806004.132693343.90
and cash equivalents
V. Net increase in cash and cash equivalents -501361903.62 -83173247.43
Plus: beginning balance of cash and cash
1317020553.021077608258.10
equivalents
VI. Closing balance of cash and cash
815658649.40994435010.67
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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