Financial Performance - Revenue for Q3 2024 was CNY 261,797,645.69, a decrease of 6.24% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 25,428,373.62, down 13.42% year-on-year[2] - Net profit excluding non-recurring items for Q3 2024 was CNY 25,096,424.81, an increase of 2.95% compared to the same period last year[2] - Total operating revenue for Q3 2024 reached ¥807,141,733.63, an increase from ¥796,734,829.59 in Q3 2023, reflecting a growth of approximately 0.51%[16] - Net profit for Q3 2024 was ¥72,793,726.49, down from ¥77,405,451.01 in Q3 2023, representing a decrease of approximately 6.73%[17] - The total comprehensive income for the third quarter was ¥72,793,726.49, a decrease from ¥77,405,451.01 in the previous year, representing a decline of approximately 8.3%[18] - Basic and diluted earnings per share for the quarter were both ¥0.22, down from ¥0.24 in the same period last year, indicating a decrease of 8.3%[18] Assets and Liabilities - Total assets as of the end of Q3 2024 reached CNY 1,801,722,886.43, reflecting a growth of 12.53% from the end of the previous year[2] - The company's total assets increased to ¥1,801,722,886.43 in Q3 2024, up from ¥1,601,148,993.85 in Q3 2023, marking a growth of about 12.52%[15] - Current liabilities rose to ¥757,970,477.28 in Q3 2024, compared to ¥611,675,693.65 in Q3 2023, reflecting an increase of approximately 23.96%[15] - Long-term borrowings increased significantly to ¥133,641,886.98 in Q3 2024 from ¥26,868,800.00 in Q3 2023, representing a growth of approximately 397.36%[15] Shareholder Information - Shareholders' equity attributable to the parent company was CNY 1,043,752,409.15, up 5.49% from the end of the previous year[2] - The largest shareholder, Feng Mingming, holds 35.54% of the shares, totaling 116,426,520 shares[7] - The number of ordinary shareholders at the end of the reporting period was 13,890[7] - The company reported a cash dividend of RMB 0.77 per 10 shares, totaling RMB 18,018,000 distributed to shareholders[11] - The total equity attributable to shareholders reached ¥1,043,752,409.15 in Q3 2024, compared to ¥989,473,300.20 in Q3 2023, reflecting an increase of about 5.48%[15] Cash Flow - Cash flow from operating activities for the year-to-date was CNY -6,592,477.04, an improvement of 85.76% compared to the same period last year[6] - Cash inflows from operating activities totaled ¥496,373,174.47, compared to ¥443,573,101.60 in the previous year, reflecting an increase of approximately 11.9%[19] - Cash outflows from operating activities amounted to ¥502,965,651.51, up from ¥489,859,372.05, resulting in a net cash flow from operating activities of -¥6,592,477.04, an improvement from -¥46,286,270.45 year-over-year[20] - The net cash flow from financing activities was ¥146,126,920.32, a significant improvement from -¥20,594,888.90 in the previous year[20] Investments and Financing - The company reported a significant increase in short-term borrowings, which rose by 59.88% to CNY 160,000,000.00[6] - The company’s financial expenses surged by 1425.09% to CNY 2,330,382.14 due to increased bank financing costs[6] - The company applied for a credit line of RMB 150 million from Shanghai Bank, with its wholly-owned subsidiary providing a guarantee[12] - Cash inflows from financing activities were ¥266,773,086.98, compared to ¥100,000,000.00 in the previous year, showing a growth of 167.8%[20] Other Financial Metrics - Cash and cash equivalents decreased from RMB 120,504,964.18 to RMB 93,803,990.10, a decline of approximately 22.2%[13] - The ending balance of cash and cash equivalents was ¥65,984,708.64, down from ¥80,796,745.57 in the previous year, representing a decrease of approximately 18.4%[20] - The company’s cash and cash equivalents saw a notable increase, contributing to improved liquidity and financial stability[14] - The company’s financing receivables decreased from RMB 113,633,324.75 to RMB 81,772,849.53, a decline of about 28.0%[13] Operational Adjustments - The company’s total assets and liabilities will be detailed in the upcoming financial reports, reflecting ongoing operational adjustments[13] - The company has not undergone an audit for the third quarter report[21]
中洲特材(300963) - 2024 Q3 - 季度财报