电工合金(300697) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥602,920,645.67, representing a 2.78% increase year-over-year[2]. - Net profit attributable to shareholders decreased by 30.52% to ¥25,276,729.88 for the quarter[2]. - The net profit after deducting non-recurring gains and losses fell by 42.17% to ¥21,185,127.33[2]. - The net profit for the third quarter of 2024 was CNY 92,693,839.33, a decrease of 17.9% compared to CNY 112,953,284.83 in the same period last year[16]. - The company's total profit for the quarter was CNY 108,946,395.23, down from CNY 134,831,062.00, reflecting a decrease of 19.3%[16]. - Basic and diluted earnings per share were both CNY 0.277, down from CNY 0.338 in the previous year, representing a decline of 18.1%[17]. - The company's basic earnings per share decreased by 30.28% to ¥0.076[2]. Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 69.91% to ¥69,448,782.14[6]. - The company reported a net cash flow from operating activities of CNY 69,448,782.14, significantly lower than CNY 230,771,227.70 in the prior year, indicating a decrease of 69.9%[17]. - Cash and cash equivalents at the end of the reporting period amounted to 227,239,490.48 RMB, up from 191,556,471.18 RMB, indicating an increase of about 18.63%[12]. - Cash and cash equivalents at the end of the period totaled CNY 100,727,097.74, down from CNY 127,071,199.65 at the end of the previous year[18]. - Investment activities resulted in a net cash outflow of CNY 5,869,222.41, compared to a larger outflow of CNY 80,446,737.46 in the same period last year[18]. Assets and Liabilities - Total assets increased by 11.28% to ¥1,736,518,584.96 compared to the end of the previous year[2]. - The total assets of the company increased to ¥1,736,518,584.96 from ¥1,560,492,877.50, representing a growth of 11.27%[14]. - Total liabilities rose to ¥626,484,565.15, compared to ¥502,281,511.33 in the previous period, marking an increase of 24.73%[14]. - The company's total equity reached ¥1,110,034,019.81, up from ¥1,058,211,366.17, reflecting a growth of 4.90%[14]. - The company's total equity attributable to shareholders rose by 4.88% to ¥1,107,554,652.65[2]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,162, with the top ten shareholders holding a combined 68.56% of shares[7]. - Xiamen Quanxin Enterprise Management Co., Ltd. holds 99,806,720 shares, accounting for 29.99% of the total shares, all of which are restricted shares[8]. - Chen Lijiao holds 104,000,000 shares, representing 31.25% of the total shares, and has waived voting rights effective from July 31, 2024[10]. - The total number of restricted shares held by major shareholders is 19,045,710 shares[9]. Operational Highlights - Total operating revenue for the period reached ¥1,833,096,643.13, an increase of 3.56% compared to ¥1,770,159,360.56 in the previous period[15]. - Total operating costs amounted to ¥1,723,480,960.12, up from ¥1,638,528,056.79, reflecting a year-over-year increase of 5.15%[15]. - Research and development expenses for the current period were ¥30,085,522.09, slightly higher than ¥29,506,609.19 in the previous period, indicating a focus on innovation[15]. Changes in Financial Position - The company's total current assets increased to 1,443,936,458.34 RMB from 1,267,640,354.79 RMB in the previous period, reflecting a growth of approximately 13.87%[12]. - Accounts receivable rose to 656,332,491.47 RMB from 586,939,993.57 RMB, marking an increase of approximately 11.77%[12]. - Inventory increased to 339,307,460.88 RMB from 308,866,166.12 RMB, representing a growth of about 9.86%[12]. - The company reported a decrease in accounts payable to ¥30,947,927.06 from ¥45,642,245.44, a decline of 32.25%[14]. - Deferred income tax assets increased to ¥13,770,411.80 from ¥11,178,437.50, showing a growth of 23.29%[14]. Corporate Governance - The company plans to hold a temporary shareholders' meeting to elect a new board and supervisory committee members[11]. - The company has completed the industrial and commercial registration changes for the transfer of 100% equity of Xiamen Quanxin Enterprise Management Co., Ltd.[10].