HXG(603112)2024-10-22 07:35Financial Performance - The company's operating revenue for Q3 2024 was ¥856,961,149.46, representing a year-on-year increase of 4.75%[2] - The net profit attributable to shareholders for the same period was ¥110,132,381.80, reflecting a growth of 4.82% compared to the previous year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥97,330,959.91, up by 4.44% year-on-year[2] - Total operating revenue for the first three quarters of 2024 reached ¥2,787,302,989.69, an increase of 18.4% compared to ¥2,353,222,964.47 in the same period of 2023[13] - Net profit for the first three quarters of 2024 was ¥326,118,123.16, representing a 21.9% increase from ¥267,256,179.14 in 2023[14] - The company reported a total profit of ¥365,270,701.67 for the first three quarters of 2024, compared to ¥301,766,379.99 in 2023, reflecting a growth of 21.0%[14] - The company’s total comprehensive income for the third quarter of 2024 was ¥326,872,129.45, compared to ¥266,187,131.45 in the same quarter of 2023[15] Assets and Liabilities - The total assets at the end of the reporting period reached ¥5,864,279,161.38, marking a 10.82% increase from the end of the previous year[3] - The equity attributable to shareholders increased to ¥3,182,796,482.50, which is a 15.66% rise compared to the previous year[3] - The company’s current assets totaled CNY 3,782,200,697.33, up from CNY 3,412,893,972.86, indicating an increase of about 10.8% year-over-year[10][12] - The total liabilities of the company were CNY 2,595,190,976.28, up from CNY 2,438,285,731.25, which is an increase of approximately 6.4%[12] - The equity attributable to shareholders increased to CNY 3,182,796,482.50 from CNY 2,751,898,580.96, representing a growth of about 15.6%[12] Cash Flow - The cash flow from operating activities for the year-to-date period increased by 45.47%, primarily due to higher cash inflows from sales[5] - Cash flow from operating activities for the first three quarters of 2024 was ¥326,780,932.91, compared to ¥224,637,418.02 in the previous year, indicating a strong improvement[16] - Cash outflow from investment activities totaled approximately 4.26 billion in the previous period, resulting in a net cash flow from investment activities of -466.15 million, compared to 163.62 million[17] - The net increase in cash and cash equivalents was approximately 273.04 million in the previous period, resulting in an ending cash balance of approximately $538.67 million[17] Shareholder Information - The company had a total of 9,800 ordinary shareholders at the end of the reporting period[6] Research and Development - Research and development expenses rose to ¥122,156,455.51, a significant increase of 32.7% compared to ¥92,093,928.75 in the same period last year[14] Earnings Per Share - The basic earnings per share for Q3 2024 was ¥0.25, an increase of 4.17% year-on-year[2] - Basic earnings per share for the third quarter of 2024 was ¥0.79, up from ¥0.66 in the same quarter of 2023[15] Non-Recurring Gains - Non-recurring gains for the current period amounted to ¥12,801,421.89, with a year-to-date total of ¥36,306,008.48[4] Inventory and Receivables - The company’s inventory increased to CNY 706,323,519.10 from CNY 639,823,147.39, indicating a rise of about 10.4%[10] - The accounts receivable rose to CNY 930,288,273.83, compared to CNY 892,167,556.87, marking an increase of about 4.3%[9][10] Borrowings - The company reported a decrease in short-term borrowings, which were not specified in the latest report, compared to CNY 1,000,000.00 previously[11] - The company has maintained a stable level of long-term borrowings, which increased to CNY 738,950,000.00 from CNY 628,200,000.00, reflecting a growth of approximately 17.6%[11][12] Accounting Standards - The company has adopted new accounting standards starting in 2024, which may affect the financial statements[18]