EDAN(300206)2024-10-24 08:09Revenue and Profitability - Revenue for Q3 2024 reached ¥459,945,283.58, an increase of 6.07% year-over-year[2] - Net profit attributable to shareholders was ¥46,807,900.45, up 57.15% compared to the same period last year[2] - Net profit excluding non-recurring items was ¥44,092,931.95, reflecting a 77.83% increase year-over-year[2] - The company reported a net profit margin of approximately 10.5% for Q3 2024, down from 12.9% in the previous year[13] - The net profit for Q3 2024 was CNY 173,051,190.52, a decrease of 27.6% compared to CNY 239,288,435.11 in Q3 2023[14] - Basic and diluted earnings per share were both CNY 0.2966, compared to CNY 0.4085 in the previous year, representing a decrease of 27.3%[15] Cash Flow and Financial Position - Cash flow from operating activities for the year-to-date was ¥211,926,699.23, a significant increase of 196.62% compared to the previous year[8] - The cash and cash equivalents decreased from CNY 941.71 million to CNY 702.65 million, a decline of approximately 25.3%[10] - The cash and cash equivalents at the end of the period were CNY 690,846,824.96, a decrease from CNY 950,622,825.27 at the beginning of the period[17] - The company experienced a net cash outflow from investing activities of CNY -332,417,578.23, compared to CNY -429,292,956.63 in the same period last year[17] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,290,309,501.58, representing a 3.46% increase from the end of the previous year[2] - Total current assets increased from CNY 1,555.39 million to CNY 1,621.58 million, an increase of about 4.2%[10] - Total liabilities increased to CNY 274,482,305.60 from CNY 249,797,977.83, representing a rise of 9.9%[12] - The equity attributable to shareholders of the parent company was CNY 2,016,081,008.89, compared to CNY 1,965,276,976.09, showing an increase of 2.6%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,572[9] - The largest shareholder, Zhang Hao, holds 20.98% of the shares, totaling 122,038,160 shares[9] - The second-largest shareholder, Zu Youdong, owns 17.21% of the shares, amounting to 100,104,140 shares[9] Operational Performance - Total operating revenue for Q3 2024 was CNY 1,382,134,895.62, a decrease of 9.3% compared to CNY 1,523,627,959.85 in the same period last year[13] - Total operating costs for Q3 2024 were CNY 1,237,349,433.56, down from CNY 1,326,965,799.34, reflecting a reduction of 6.7%[13] - The total operating profit was CNY 173,511,035.28, down from CNY 247,364,886.01 in Q3 2023, reflecting a decrease of approximately 29.8%[14] Investments and Expenses - Research and development expenses for Q3 2024 amounted to CNY 242,727,837.53, slightly increasing from CNY 240,274,181.51 year-over-year[13] - Construction in progress rose by 117.25% to ¥53,695,441.10, attributed to increased investment in the company's industrial building[6] - The company reported a significant decrease in income tax expenses by 75.19% to ¥2,079,040.76, influenced by reduced profits[7] Other Financial Metrics - The weighted average return on equity was 2.36%, an increase of 0.84% from the previous period[2] - The company reported a total comprehensive income of CNY 171,944,536.10, down from CNY 241,361,588.62 in Q3 2023, indicating a decline of about 28.7%[15] - The company incurred credit impairment losses of CNY -538,360.21, compared to CNY -175,918.54 in the same period last year, indicating an increase in credit risk[14] - The company plans to expand its market presence and invest in new product development to drive future growth[13]