NHD(002264)2024-10-24 08:02Revenue and Profit - Revenue for Q3 2024 reached ¥687,101,254.29, an increase of 4.69% year-over-year, while year-to-date revenue totaled ¥2,774,834,398.79, up 41.15% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥44,883,730.71, a decrease of 26.09% year-over-year, with year-to-date net profit at ¥190,333,531.46, an increase of 19.55%[2] - Basic earnings per share for Q3 2024 was ¥0.07, down 22.22% year-over-year, while year-to-date basic earnings per share was ¥0.27, up 22.73%[2] - Total operating revenue for Q3 2024 reached CNY 2,774,834,398.79, a 41.1% increase from CNY 1,965,841,747.89 in the same period last year[15] - Net profit for Q3 2024 was CNY 190,224,111.30, compared to CNY 157,976,868.42 in Q3 2023, reflecting a 20.5% increase[16] - The net profit attributable to shareholders of the parent company was CNY 190,333,531.46, up from CNY 159,213,002.39, marking a 19.6% increase[16] - The total comprehensive income for Q3 2024 was CNY 190,223,880.11, compared to CNY 157,976,868.42 in Q3 2023, indicating a growth of 20.4%[16] Assets and Liabilities - Total assets as of the end of Q3 2024 amounted to ¥3,064,382,141.90, reflecting a 3.63% increase from the end of the previous year[2] - The company’s total equity attributable to shareholders increased to ¥1,785,677,396.19, a 9.79% rise from the previous year[2] - The total liabilities decreased from ¥1,165,745,642.49 to ¥1,006,385,705.79, indicating a reduction of about 13.7%[12] - The total liabilities decreased to CNY 1,270,931,680.60 from CNY 1,320,085,499.16, a reduction of approximately 3.8%[15] Cash Flow - Cash flow from operating activities showed a significant decline, with a net cash flow of ¥2,652,758.67, down 98.19% year-over-year[2] - Cash flow from operating activities was CNY 2,845,552,483.13, compared to CNY 2,744,752,818.24 in the previous year, showing a growth of 3.7%[16] - Operating cash inflow for Q3 2024 was CNY 3,965,085,796.07, up from CNY 2,784,156,142.45 in Q3 2023, representing an increase of approximately 42.5%[17] - Operating cash outflow for Q3 2024 totaled CNY 3,962,433,037.40, compared to CNY 2,637,676,777.39 in Q3 2023, indicating a rise of about 50.4%[17] - Net cash flow from operating activities for Q3 2024 was CNY 2,652,758.67, a significant decrease from CNY 146,479,365.06 in Q3 2023[17] - Cash inflow from financing activities in Q3 2024 was CNY 35,084,219.80, down from CNY 106,340,317.79 in Q3 2023, reflecting a decline of approximately 67.0%[18] - Net cash flow from financing activities for Q3 2024 was -CNY 50,865,187.66, compared to -CNY 246,549,764.06 in Q3 2023, indicating an improvement[18] Expenses - Research and development expenses increased by 45.34% year-over-year, indicating a focus on innovation and product development[5] - Sales expenses rose by 57.28% year-over-year, primarily due to increased platform and promotional costs[5] - The company reported a 41.07% increase in operating costs, correlating with the rise in revenue[5] - Research and development expenses amounted to CNY 7,828,785.47, an increase from CNY 5,386,401.78, indicating a 45.4% rise in investment in innovation[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,293[8] - The largest shareholder, Xinhua Du Industrial Group Co., Ltd., holds 17.59% of shares, totaling 126,607,339 shares[8] - The company has not disclosed any changes in the shareholding structure of the top 10 shareholders due to margin trading activities[9] Inventory and Receivables - Accounts receivable increased to ¥670,591,177.16 from ¥507,467,562.87, indicating a growth of approximately 32%[12] - Inventory decreased to ¥717,162,696.11 from ¥880,312,709.35, reflecting a reduction of about 18.5%[12] - The company reported a significant increase in prepayments, rising to ¥414,069,763.56 from ¥230,324,608.03, marking an increase of approximately 80%[12] Employee Compensation - The company paid CNY 135,238,450.56 to employees in Q3 2024, an increase from CNY 117,949,933.36 in Q3 2023, reflecting a growth of approximately 14.6%[17] - The company plans to implement the "Navigator Plan (Phase V)" employee stock ownership plan, which is expected to positively impact employee motivation and operational efficiency[10]