AFR(300620)2024-10-22 09:19Financial Performance - Revenue for the third quarter reached 317.53 million yuan, a year-on-year increase of 71.33%[3] - Net profit attributable to shareholders of the listed company was 25.47 million yuan, up 70.20% year-on-year[3] - Revenue increased by 41.00% to 738,946,754.08 RMB, driven by the acquisition of Bai'an Industrial and sales growth from Jiahua Microtech[8] - Operating revenue reached 738,946,754.08 RMB, a significant increase from 524,065,400.69 RMB in the same period last year[21] - Net profit attributable to the parent company's shareholders was 55,808,805.54 RMB, up from 46,688,556.47 RMB in the previous year[22] - Net income attributable to parent company shareholders totaled RMB 66,184,809.78, with basic and diluted earnings per share at RMB 0.2253[23] - Total comprehensive income reached 73,472,603.57 RMB, compared to 48,517,954.25 RMB in the previous year[22] - Other comprehensive income after tax was 10,376,004.24 RMB, up from 1,829,397.78 RMB[22] Assets and Liabilities - Total assets as of the end of the reporting period were 2.77 billion yuan, an increase of 38.59% compared to the end of the previous year[3] - The company's goodwill increased by 111.50% to 232.35 million yuan due to the acquisition of Bai'an Industrial[6] - The company's intangible assets increased by 49.01% to 165.91 million yuan due to the acquisition of Bai'an Industrial[6] - The company's accounts receivable increased by 59.74% to 385.56 million yuan due to the acquisition of Bai'an Industrial[6] - Total assets increased to 2,772,871,016.62 RMB, up from 2,000,722,200.07 RMB in the previous period[19] - Total liabilities rose to 814,253,259.40 RMB, compared to 297,383,129.94 RMB previously[20] - Total equity increased to 1,958,617,757.22 RMB, up from 1,703,339,070.13 RMB[20] - Short-term borrowings stood at 160,550,000.00 RMB, indicating increased liquidity needs[19] - The company's monetary funds increased from 387,050,196.33 yuan at the beginning of the period to 686,614,340.88 yuan at the end of the period[18] - Accounts receivable increased from 241,371,930.09 yuan at the beginning of the period to 385,557,857.44 yuan at the end of the period[18] - Inventory increased from 232,690,378.84 yuan at the beginning of the period to 272,718,206.55 yuan at the end of the period[18] - The total current assets increased from 984,546,142.52 yuan at the beginning of the period to 1,484,593,778.66 yuan at the end of the period[18] - The company's fixed assets under construction increased from 547,732,732.89 yuan at the beginning of the period to 553,329,193.30 yuan at the end of the period[18] - The company's productive biological assets increased from 144,595,097.44 yuan at the beginning of the period to 208,672,555.18 yuan at the end of the period[18] - The company's intangible assets decreased from 5,368,571.07 yuan at the beginning of the period to 5,224,475.73 yuan at the end of the period[18] - The company's data resources within intangible assets increased from 111,343,009.55 yuan at the beginning of the period to 165,908,698.94 yuan at the end of the period[18] Cash Flow - The company's operating cash flow for the first three quarters was 147.70 million yuan, a year-on-year increase of 115.28%[3] - Net cash flow from operating activities surged by 115.28% to 147,697,785.41 RMB, driven by increased cash receipts from sales and R&D subsidies[10] - Net cash flow from investing activities decreased by 380.58% to -462,555,346.99 RMB, primarily due to increased purchases of bank wealth management products and the acquisition of Bai'an Industrial[10] - Net cash flow from financing activities increased by 979.03% to 400,728,091.73 RMB, mainly due to funds raised from a private placement and bank loans[10] - Cash received from sales of goods and services increased to RMB 639,856,887.10, up from RMB 510,980,009.42 in the previous period[24] - Net cash flow from operating activities rose to RMB 147,697,785.41, compared to RMB 68,607,396.89 in the prior period[24] - Cash received from investments was RMB 342,037,257.65, up from RMB 303,003,525.01 in the previous period[25] - Cash used for investment activities increased significantly to RMB 807,067,692.37, compared to RMB 403,052,169.50 in the prior period[25] - Net cash flow from financing activities was RMB 400,728,091.73, a significant improvement from a negative RMB 45,587,446.45 in the previous period[25] - Cash and cash equivalents at the end of the period stood at RMB 239,545,660.49, up from RMB 159,889,059.29 in the prior period[25] R&D and Operating Costs - The company's R&D expenses and project subsidies increased by 82.16% compared to the beginning of the year, reaching 151.01 million yuan[7] - Operating costs rose by 38.83% to 473,803,020.83 RMB, in line with revenue growth[8] - R&D expenses amounted to 108,971,336.34 RMB, reflecting a continued focus on innovation and development[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,969[11] - Zhuhai Huafa Technology Industry Group Co., Ltd. holds 23.47% of the shares, making it the largest shareholder[11] - Infinimax Assets Limited holds 15.94% of the shares, ranking as the second-largest shareholder[11] - Pro-Tech Group Holdings Limited holds 8.21% of the shares, making it the third-largest shareholder[11] - The total number of restricted shares at the beginning of the period was 3,179,870 shares, and at the end of the period, it was 2,036,207 shares, with 5,266,608 shares being released and 4,122,945 shares being added during the period[16] Borrowings and Loans - The company's short-term borrowings increased to 160.55 million yuan due to obtaining short-term bank loans[7] - The company's long-term borrowings increased to 143.80 million yuan due to obtaining long-term bank loans[7] - Short-term borrowings stood at 160,550,000.00 RMB, indicating increased liquidity needs[19] Sales and Marketing - Sales expenses increased by 59.65% to 14,328,253.03 RMB, due to the inclusion of Bai'an Industrial and higher exhibition fees[8]