POCO(300811)2024-10-22 08:19Financial Performance - Revenue for Q3 2024 reached ¥430,721,596.87, an increase of 58.06% year-over-year[2] - Net profit attributable to shareholders was ¥101,262,337.75, up 84.73% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥100,878,402.01, reflecting an increase of 87.34% year-over-year[2] - The company reported a 43.63% increase in total revenue for the first nine months of 2024, totaling ¥1,226,822,596.89 compared to ¥854,127,204.12 in the same period last year[8] - Basic earnings per share for Q3 2024 were ¥0.36, an increase of 80.00% year-over-year[2] - Operating profit for the period was CNY 339,160,384.73, representing a 49.4% increase from CNY 226,970,436.31 in the previous year[22] - Net profit attributable to shareholders of the parent company was CNY 286,481,577.29, up 51.8% from CNY 188,863,034.54 in Q3 2023[22] Cash Flow and Investments - Cash flow from operating activities for the year-to-date reached ¥167,562,398.51, a significant increase of 520.05%[2] - Cash received from sales increased to ¥779,164,342, reflecting a growth of 29.35% driven by higher sales[10] - Cash flow from investment activities saw a significant drop, with cash received from investment income down 84.39% to ¥275,098[10] - Total cash inflow from investment activities was CNY 68,481,040.81, down from CNY 311,130,899.36 in Q3 2023[23] - The net cash flow from financing activities was 15,707,167.82 CNY, a significant improvement from -32,412,859.03 CNY in the previous year[24] - Cash inflows from financing activities totaled 161,934,401.68 CNY, compared to 83,649,507.21 CNY in the same quarter last year, representing a growth of 93.6%[24] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥2,824,971,157.79, representing a 12.47% increase from the end of the previous year[2] - The total liabilities as of September 30, 2024, were CNY 624 million, compared to CNY 604 million at the beginning of the period, showing an increase of 3.06%[20] - Shareholders' equity attributable to the parent company was ¥2,195,873,881.27, up 15.49% from the previous year-end[2] Research and Development - R&D expenses increased to ¥69,786,648, up 44.52% due to higher investment in research and development[10] - Research and development expenses increased to CNY 69,786,647.71, up 44.5% from CNY 48,288,453.81 in the same quarter last year[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,057[11] - The largest shareholder, Shenzhen Moma New Materials Investment Co., held 23.20% of shares, totaling 65,186,759 shares[12] Corporate Actions and Future Plans - The company plans to issue shares to specific investors through a simplified procedure in 2024[18] - The company is focusing on three growth curves: metal soft magnetic powder cores, chip inductors, and metal soft magnetic powders[15] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22] - The company is undergoing a board and supervisory committee re-election process, with new candidates nominated for the fourth board and supervisory committee[16][17] Miscellaneous - The company received cash from equity incentives amounting to ¥31,309,346, an increase of 73.48%[10] - The company paid out dividends totaling ¥44,120,824, reflecting a 69.22% increase compared to the previous period[10] - The company did not undergo an audit for the third quarter report[24] - The report was released on October 22, 2024, by the Board of Directors of Shenzhen Boke New Materials Co., Ltd.[24]