恒工精密(301261) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥234,243,278.61, representing a year-on-year increase of 20.37%[2] - Net profit attributable to shareholders for the same period was ¥28,254,318.10, up 29.87% compared to the previous year[2] - The net profit excluding non-recurring gains and losses was ¥23,771,801.02, reflecting a 9.55% increase year-on-year[2] - The company reported a significant increase in fair value changes, with a gain of 10,520,338.89 RMB in the first nine months of 2024, compared to no previous gains[7] - The net profit for the third quarter of 2024 was CNY 96,052,978, an increase of 17.9% compared to CNY 81,389,502 in the same period last year[15] - Operating profit reached CNY 110,417,593, up 18.2% from CNY 93,456,253 in the previous year[15] - The company reported a total profit of CNY 109,671,084, which is an increase of 17.5% from CNY 93,326,274 in the previous year[15] - The total comprehensive income for the quarter was CNY 96,052,978, compared to CNY 81,389,503 in the previous year, reflecting a strong performance[16] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,954,762,609.78, a 25.23% increase from the end of the previous year[2] - The total assets as of September 30, 2024, were CNY 2,954,762,609.78, compared to CNY 2,359,405,822.32 at the beginning of the year, marking an increase of 25.1%[14] - The total liabilities increased to CNY 1,391,593,938.02 from CNY 875,383,269.45, reflecting a rise of 58.7%[14] - The company's equity attributable to shareholders reached CNY 1,563,252,199.76, up from CNY 1,484,022,552.87, an increase of 5.3%[14] Cash Flow - The cash flow from operating activities showed a net outflow of ¥95,151,130.04, a significant decline of 242.76% year-on-year[2] - The net cash flow from operating activities for the first nine months of 2024 was -95,151,130.04 RMB, a decrease of 242.76% compared to the same period in 2023[8] - The net cash flow from investing activities for the first nine months of 2024 was -531,575,264.53 RMB, a decrease of 127.65% compared to the same period in 2023, primarily due to increased expenditures on fixed assets and financial products[8] - The net cash flow from financing activities for the first nine months of 2024 was 477,317,751.96 RMB, a decrease of 40.44% compared to the same period in 2023, mainly due to increased debt repayments and bank acceptance payments[8] - The ending balance of cash and cash equivalents was 163,546,991.56 CNY, a decrease from 680,636,283.58 CNY at the end of the previous year[18] - The company reported a total cash outflow from operating activities of 703,872,786.52 CNY, compared to 515,346,989.55 CNY last year[18] Expenses - Sales expenses increased by 30.56% to 21,568,367.65 RMB in the first nine months of 2024, attributed to higher employee compensation and promotional expenses[7] - Management expenses rose by 52.87% to 40,268,245.03 RMB in the first nine months of 2024, mainly due to increased employee compensation and service fees[7] - R&D expenses increased by 30.08% to 27,040,394.96 RMB in the first nine months of 2024, reflecting enhanced R&D efforts by subsidiaries[7] - Financial expenses surged by 29,819.51% to 16,310,205.92 RMB in the first nine months of 2024, primarily due to increased interest expenses[7] Investments - The company reported a 113.29% increase in trading financial assets, totaling ¥678,900,072.86, due to new investments in financial products[6] - The company reported a significant increase in financial investments, with trading financial assets rising to CNY 678,900,072.86 from CNY 318,302,134.91, a growth of 112.7%[13] - Investment income rose by 23,468.01% to 22,579,328.60 RMB in the first nine months of 2024, driven by interest income from time deposits and large certificates of deposit[7] - The company recorded investment income of CNY 22,579,329, a substantial increase from CNY 95,805 in the same quarter last year[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,495, with the largest shareholder, Hebei Jie Gong Enterprise Management Co., Ltd., holding 56.32% of shares[9] Future Outlook - The company plans to continue expanding its market presence and invest in new product development to drive future growth[12] Accounting and Reporting - The company has not yet adopted the new accounting standards for the current fiscal year[19] - The third-quarter report was not audited[19]