Revenue and Profit - Revenue for Q3 2024 reached ¥175,170,055.85, an increase of 45.19% year-over-year, while year-to-date revenue was ¥460,958,532.96, up 21.25% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥12,353,475.19, a decrease of 18.06% year-over-year, with year-to-date net profit at ¥47,731,996.19, down 15.65%[2] - Basic earnings per share for Q3 2024 was ¥0.20, down 37.50% year-over-year, with year-to-date earnings per share at ¥0.77, a decrease of 36.89%[2] - The net profit for Q3 2024 was CNY 47,731,996.19, a decrease of 15.5% compared to CNY 56,588,088.94 in Q3 2023[13] - Total operating profit for Q3 2024 was CNY 51,075,301.36, down 18.1% from CNY 62,390,616.97 in Q3 2023[13] - The total profit for Q3 2024 was CNY 50,974,622.29, a decrease of 18.6% from CNY 62,662,246.31 in Q3 2023[13] - The company reported a total comprehensive income of CNY 47,681,904.10 for Q3 2024, compared to CNY 56,586,102.42 in Q3 2023[14] - The basic and diluted earnings per share for Q3 2024 were both CNY 0.77, down from CNY 1.22 in the same quarter last year[14] Cash Flow and Financial Position - The net cash flow from operating activities for the year-to-date period was ¥3,481,826.66, reflecting a significant decline of 94.11% compared to the previous year[2] - The company's cash and cash equivalents decreased by 61.07% to ¥227,253,406.82, primarily due to loan repayments and increased procurement of long-term assets[4] - The company reported cash outflows for financing activities totaling CNY 169,899,664.80, which is significantly higher than the previous year's outflow of CNY 83,902,091.76[16] - Cash flow from financing activities resulted in a net outflow of CNY 115,399,664.80, contrasting with a net inflow of CNY 9,423,260.35 in the same quarter last year[16] - The total cash and cash equivalents at the end of the period stood at CNY 214,875,392.69, down from CNY 556,854,030.11 at the beginning of the period[16] - The impact of exchange rate changes on cash and cash equivalents was CNY 477,300.75, a decrease from CNY 604,154.85 in the prior year[16] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥1,847,002,459.16, a decrease of 1.14% from the end of the previous year[2] - The company's cash and cash equivalents as of September 30, 2024, amount to ¥227,253,406.82, a decrease from ¥583,771,200.22 at the beginning of the period[10] - The accounts receivable increased to ¥289,568,529.35 from ¥249,896,332.19, indicating a growth of approximately 15.9%[10] - Total liabilities decreased to ¥531,155,901.57, down 5.2% from ¥560,069,036.28 year-over-year[12] - The company's total liabilities increased, with short-term borrowings rising by 158.89% to ¥28,500,667.12, reflecting new short-term loans taken[4] - Long-term borrowings decreased to ¥161,345,759.48 from ¥254,039,990.80, a reduction of 36.4%[12] - Current assets totaled ¥1,016,083,598.81, down 17.7% from ¥1,234,996,750.56 year-over-year[11] - Non-current assets increased to ¥830,918,860.35, up 31.2% from ¥633,222,170.42 in the previous year[11] Investment and Expansion Plans - The company plans to invest up to $15 million in a project in Vietnam to produce 1 million sets of precision transmission structure products, with registration of related subsidiaries completed by August 2024[9] - The company is actively pursuing overseas market expansion, particularly in Vietnam, to support future business development[9] Operating Performance - Total operating revenue for Q3 2024 reached ¥460,958,532.96, an increase of 21.2% compared to ¥380,170,680.56 in the same period last year[12] - Total operating costs amounted to ¥413,378,167.73, up 28.4% from ¥321,961,180.41 year-over-year[12] - Research and development expenses increased to CNY 30,240,490.39, up 28.3% from CNY 23,571,924.16 in the same period last year[13] - Cash received from sales of goods and services was CNY 345,334,969.08, an increase from CNY 322,701,865.52 in the previous year[15] - Other income decreased to CNY 8,975,188.94 from CNY 12,696,511.99 in Q3 2023[13] - The income tax expense for Q3 2024 was CNY 3,242,626.10, down from CNY 6,074,157.37 in the same period last year[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,282, with the largest shareholder, Ningbo Xiasha Investment Holding Co., Ltd., holding 68.94% of shares, equating to 42,742,700 shares[7] - The number of shares held by the top ten unrestricted shareholders includes significant holdings by individual shareholders, with the largest being 68.94%[8] - The total number of shares held by the top ten shareholders participating in margin trading includes 191,800 shares held by shareholder Guan Shuai[8] - The company has no known relationships or concerted actions among the top ten unrestricted shareholders[8]
夏厦精密(001306) - 2024 Q3 - 季度财报