BGT(300774)2024-10-25 09:06Financial Performance - The company's revenue for Q3 2024 reached ¥120,901,316.13, representing a 19.12% increase year-over-year[2] - Net profit attributable to shareholders was ¥18,985,281.68, up 14.04% compared to the same period last year[2] - Basic earnings per share rose to ¥0.0464, reflecting a 14.22% increase year-over-year[2] - The net profit for Q3 2024 was approximately ¥153.02 million, an increase of 19.2% compared to ¥128.44 million in Q3 2023[16] - The total revenue from operating activities was ¥483.21 million, up from ¥420.64 million in the same period last year, representing a growth of 14.9%[18] - The operating profit for Q3 2024 was approximately ¥177.69 million, an increase of 13.2% from ¥157.07 million in Q3 2023[16] - The company’s total comprehensive income for the period was ¥153.02 million, compared to ¥128.44 million in the same quarter last year, marking a growth of 19.2%[17] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 1,067.09%, amounting to ¥73,745,872.42[6] - The company reported a net decrease in cash and cash equivalents of ¥279,234,525.05, primarily due to loan repayments and dividends[6] - The company's cash and cash equivalents decreased to CNY 66,055,924.64 from CNY 389,428,658.27, indicating a significant reduction in liquidity[12] - The cash flow from operating activities showed a net increase of ¥73.75 million, a significant recovery from a net loss of ¥7.63 million in the previous year[18] - The cash flow from financing activities resulted in a net outflow of ¥292.81 million, compared to a net outflow of ¥39.19 million in the same period last year[19] - The company experienced a foreign exchange impact resulting in a net decrease in cash and cash equivalents of ¥279.23 million[19] Assets and Liabilities - Total assets decreased by 12.69% from the end of the previous year, totaling ¥2,444,841,818.93[2] - The company's total liabilities decreased significantly, with long-term borrowings reduced to zero, down from ¥100,000,000.00[5] - The company's total liabilities decreased to CNY 828,055,433.44 from CNY 1,234,196,474.31, indicating a reduction in financial obligations[13] - The total owner's equity rose to CNY 1,616,786,385.49 from CNY 1,565,957,146.67, reflecting a strengthening of the company's financial position[14] - The total assets of Beijite Group amounted to CNY 2,444,841,818.93, a decrease from CNY 2,800,153,620.98 at the beginning of the period[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,534, with the top 10 shareholders holding a combined 43.38% of shares[7] - The largest shareholder, Qian Qiuhong, holds 43.38% of shares, amounting to 61,035,422 shares[8] - The second-largest shareholder, Zhang Jianfei, holds 14.93% of shares, totaling 61,035,422 shares[9] - The total number of restricted shares at the beginning of the period was 285,012,635, with 71,253,159 shares released during the period, leaving 213,759,476 restricted shares at the end[11] - Qian Qiuhong's restricted shares decreased from 177,338,104 to 133,003,578 after releasing 44,334,526 shares[10] - The company has a total of 133,003,578 restricted shares held by Qian Qiuhong at the end of the reporting period[9] - The company has not reported any changes in the top 10 shareholders due to margin trading activities[8] - The top 10 shareholders include both natural persons and private equity firms, indicating a diverse ownership structure[7] - The company has committed to limiting the transfer of shares by its directors to no more than 25% of their holdings annually[10] - The total number of priority shareholders is not applicable, indicating no priority shares are currently held[9] Investment and Expenses - Research and development expenses decreased by 46.39% to ¥18,917,386.26 due to a shift in focus towards the construction of a new R&D facility[6] - The company's long-term equity investments increased to ¥31,284,598.05, up from ¥23,136,065.25, marking a significant growth[5] - The company's long-term equity investments increased to CNY 31,284,598.05 from CNY 23,136,065.25, indicating a strategic focus on long-term growth[13] - Commission income rose to CNY 499,448,414.53 from CNY 440,126,159.69, showing a growth of about 13.4%[15] - Accounts receivable increased to CNY 543,654,697.96 from CNY 513,150,320.17, reflecting a rise in credit sales[12] - Inventory levels decreased to CNY 224,377,063.41 from CNY 305,034,931.12, suggesting improved inventory management[12]