双杰电气(300444) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was ¥890,083,004.99, a decrease of 16.88% compared to the same period last year[2] - Net profit attributable to shareholders was ¥30,065,769.42, down 32.08% year-on-year[2] - Net profit excluding non-recurring items was ¥27,952,431.68, a decline of 51.29% compared to the previous year[2] - Total operating revenue for the current period reached ¥2,563,843,911.84, a slight increase from ¥2,550,082,739.97 in the previous period, representing a growth of approximately 0.1%[10] - Net profit for the current period was ¥121,218,338.38, compared to ¥111,275,856.77 in the previous period, indicating an increase of approximately 8.9%[12] - Basic earnings per share for the current period was ¥0.1456, up from ¥0.1408 in the previous period, showing a growth of about 3.4%[12] Cash Flow - Cash flow from operating activities showed a net outflow of ¥296,620,214.95, representing a decrease of 247.96% year-to-date[2] - The net cash flow from operating activities for Q3 2024 was -296,620,214.95 CNY, a decrease from 200,466,613.17 CNY in Q3 2023[14] - Total cash inflow from operating activities was 1,779,057,778.12 CNY, compared to 2,131,182,290.37 CNY in the same period last year[14] - Cash outflow for operating activities totaled 2,075,677,993.07 CNY, up from 1,930,715,677.20 CNY in Q3 2023[14] - The net cash flow from investing activities was -336,982,866.90 CNY, an improvement from -402,707,776.25 CNY year-over-year[14] - Cash inflow from investing activities was 70,153,887.97 CNY, compared to 8,347,558.80 CNY in Q3 2023[14] - Cash outflow for investing activities was 407,136,754.87 CNY, slightly down from 411,055,335.05 CNY in the previous year[14] - The net cash flow from financing activities was 524,586,342.37 CNY, an increase from 279,890,913.33 CNY in Q3 2023[14] - Cash inflow from financing activities totaled 1,145,970,063.92 CNY, compared to 712,751,693.32 CNY in the same quarter last year[14] Assets and Liabilities - Total assets increased to ¥5,861,552,236.57, up 13.11% from the end of the previous year[2] - Current assets totaled CNY 3,627,562,790.68, up from CNY 3,127,208,498.86[8] - Total liabilities increased to CNY 4,129,022,495.45 from CNY 3,596,342,995.86, reflecting a rise in financial obligations[9] - Short-term borrowings increased by 85.75% compared to the beginning of the period, attributed to new loans from financial institutions[4] - The company's equity attributable to shareholders reached CNY 1,675,033,328.52, up from CNY 1,537,138,632.74[9] Expenses - Management expenses for the first three quarters increased by 40.46% compared to the same period last year, primarily due to share-based payments[4] - Research and development expenses were ¥59,173,122.02, down from ¥76,026,768.25, reflecting a decrease of about 22.2%[11] - Financial expenses increased to ¥24,768,738.98 from ¥21,351,437.84, an increase of approximately 15.4%[11] - Tax expenses increased to ¥14,486,307.14 from ¥10,167,633.39, reflecting an increase of about 42.5%[11] Other Financial Metrics - Cash and cash equivalents decreased to CNY 288,865,106.98 from CNY 491,893,455.50[7] - The company reported a net loss of CNY 134,809,463.79, an improvement from a loss of CNY 251,062,658.63 in the previous period[9] - The company has ongoing investments in new technologies and product development, although specific figures were not disclosed in the report[8] - Other income rose to ¥16,502,163.25 from ¥6,238,409.06, marking an increase of about 164.5%[11] - Investment losses amounted to ¥9,882,910.11, compared to a loss of ¥3,761,063.17 in the previous period, indicating a worsening of approximately 163.5%[11] Inventory and Receivables - Accounts receivable increased to CNY 1,751,434,119.29 from CNY 1,141,273,027.42, indicating a significant growth in receivables[8] - Inventory stood at CNY 986,068,907.09, slightly up from CNY 949,097,838.89[8] - Contract liabilities decreased by 61.84% compared to the beginning of the period, primarily due to revenue recognition from prior contract liabilities[4] Cash and Cash Equivalents - The cash and cash equivalents at the end of Q3 2024 were 189,478,967.99 CNY, down from 301,751,926.93 CNY at the end of Q3 2023[15] - The impact of exchange rate changes on cash and cash equivalents was -156,465.49 CNY, compared to a positive impact of 355,850.66 CNY in Q3 2023[15]