先达股份(603086) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥620,424,156.73, a decrease of 18.33% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥1,078,855.46, with a year-to-date net profit of ¥6,190,089.50, reflecting a decline of 40.98% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥1,768,030.27, with a year-to-date figure of -¥2,591,771.46, indicating a decline of 121.49% year-on-year[2]. - Total operating revenue for the first three quarters of 2024 was CNY 1,892,633,164.64, a decrease of 8.3% compared to CNY 2,064,326,241.21 in the same period of 2023[14]. - Net profit for the first three quarters of 2024 was CNY 7,323,288.67, a decline of 38.5% from CNY 11,933,577.79 in the previous year[15]. - Total profit for the first three quarters of 2024 was CNY 15,443,194.10, a decrease of 45.1% compared to CNY 28,120,598.14 in the previous year[15]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥37,525,942.78, an increase of 368.20% compared to the previous year[2]. - The net cash flow from operating activities for Q3 2024 was CNY 37,525,942.78, an increase from CNY 8,014,926.01 in Q3 2023, reflecting a significant improvement[18]. - Cash inflow from operating activities was CNY 1,490,517,316.33, a decrease of 24.0% compared to CNY 1,961,283,605.51 in the first three quarters of 2023[17]. - The total cash flow for the period showed a net decrease of CNY 209,495,574.71, compared to a decrease of CNY 296,649,374.19 in Q3 2023[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,790,078,715.78, representing a 14.25% increase from the end of the previous year[2]. - Current assets totaled RMB 2,268,150,972.05, up from RMB 1,851,809,255.75, indicating an increase of about 22.5%[10]. - Total liabilities reached RMB 1,769,216,824.19, compared to RMB 1,306,139,641.33, marking an increase of around 35.4%[12]. - The total cash and cash equivalents at the end of Q3 2024 were CNY 210,121,126.96, compared to CNY 153,698,397.40 at the end of Q3 2023, showing an increase of approximately 36.6%[18]. Earnings Per Share - The basic earnings per share for the year-to-date period was ¥0.01, down 50.00% compared to the previous year[2]. - The diluted earnings per share for the year-to-date period was also ¥0.01, reflecting a 50.00% decrease year-on-year[2]. - Basic earnings per share for the first three quarters of 2024 was CNY 0.01, down from CNY 0.02 in the same period of 2023[17]. Expenses - Total operating costs decreased to CNY 1,871,649,257.49, down 8.2% from CNY 2,038,010,478.49 year-over-year[14]. - Research and development expenses for the first three quarters of 2024 were CNY 79,689,256.62, slightly down from CNY 80,706,123.66 in the same period of 2023[14]. - Sales expenses increased to CNY 44,522,652.72, up from CNY 41,332,021.88 year-over-year[14]. - Management expenses decreased significantly to CNY 115,697,041.91 from CNY 153,907,334.17 in the previous year, reflecting a reduction of 24.8%[14]. - Other income for the first three quarters of 2024 was CNY 6,412,641.07, down from CNY 12,087,282.70 in the same period of 2023[14]. Non-Recurring Items - The company reported a non-recurring gain from government subsidies amounting to ¥1,695,292.28 for the current period[4]. - The main reason for the decline in net profit was attributed to the decrease in the prices of major products, leading to reduced gross profit[5]. Investments - The company reported a decrease in long-term investments, with investment properties valued at RMB 2,826,278.37, down from RMB 3,027,012.93[11]. - Total cash inflow from investment activities was CNY 1,737,788,371.53, down from CNY 2,040,493,339.47 in the previous year, indicating a decrease of approximately 14.8%[18]. - The net cash flow from investment activities was -CNY 273,927,702.80, an improvement compared to -CNY 400,206,705.15 in Q3 2023[18]. - The cash outflow from investment activities totaled CNY 2,011,716,074.33, down from CNY 2,440,700,044.62, indicating a reduction of about 17.6%[18]. Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[9].