Financial Performance - Revenue for the third quarter was RMB 2,164,396,635.03, an increase of 7.43% year-over-year[3] - Net profit attributable to shareholders was RMB -98,663,246.34, a decrease of 622.35% year-over-year[3] - Basic earnings per share were RMB -0.1565, a decrease of 413.06% year-over-year[3] - The weighted average return on equity was -2.42%, a decrease of 3.05 percentage points year-over-year[3] - Total operating revenue for the current period is 5,341,122,408.02 yuan, an increase from 4,945,825,101.27 yuan in the previous period[18] - Operating costs for the current period are 5,663,717,187.24 yuan, compared to 4,883,867,498.55 yuan in the previous period[18] - Net profit for the current period is -275,243,532.57 yuan, a significant decline from 57,567,684.86 yuan in the previous period[19] - Basic earnings per share for the current period is -0.3238, compared to 0.19 in the previous period[20] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 16,062,578,009.03, an increase of 14.13% compared to the end of the previous year[3] - Total assets increased to 16,062,578,009.03 yuan, up from 14,073,702,185.98 yuan in the previous period[16] - Current liabilities rose to 9,961,000,794.99 yuan, compared to 7,555,289,231.21 yuan previously[16] - Short-term borrowings surged to 5,721,966,021.83 yuan, up from 3,696,843,353.00 yuan[16] - Accounts receivable grew to 2,424,901,474.17 yuan, an increase from 1,700,480,171.73 yuan[15] - Fixed assets expanded to 5,055,779,706.99 yuan, compared to 4,292,278,294.90 yuan[15] - Total equity decreased to 4,637,570,793.51 yuan, down from 4,938,246,337.12 yuan[17] - Cash and cash equivalents stood at 4,286,764,683.50 yuan, up from 3,538,571,529.53 yuan[15] - Inventory decreased to 1,627,663,073.77 yuan, down from 1,739,945,362.25 yuan[15] - Long-term loans and bonds amounted to 997,586,410.84 yuan, a decrease from 1,186,234,728.87 yuan[16] - Deferred income increased to 359,713,877.72 yuan, up from 283,511,116.67 yuan[16] Cash Flow - The company's operating cash flow for the period was RMB -154,386,568.20, an increase of 83.33% year-over-year[6] - Cash flow from operating activities is -154,386,568.20 yuan, an improvement from -926,164,995.90 yuan in the previous period[21] - Cash received from sales of goods and services is 4,665,253,012.78 yuan, up from 3,571,045,582.43 yuan in the previous period[21] - Cash paid for goods and services is 4,559,130,791.20 yuan, compared to 4,390,673,974.66 yuan in the previous period[21] - Cash paid to and for employees is 303,274,220.76 yuan, up from 257,147,284.48 yuan in the previous period[21] - Cash paid for taxes and fees is 99,099,586.38 yuan, compared to 81,623,866.55 yuan in the previous period[21] - Total cash outflow from investing activities was RMB 616.37 million, compared to RMB 1.25 billion in the previous period[22] - Net cash flow from investing activities was negative RMB 615.23 million, compared to negative RMB 1.14 billion in the previous period[22] - Cash inflow from financing activities totaled RMB 6.42 billion, compared to RMB 7.24 billion in the previous period[22] - Net cash flow from financing activities was RMB 1.35 billion, compared to RMB 3.16 billion in the previous period[22] - The company's cash and cash equivalents increased by RMB 580.79 million, compared to an increase of RMB 1.09 billion in the previous period[22] - The ending balance of cash and cash equivalents was RMB 2.07 billion, compared to RMB 1.56 billion in the previous period[22] - The company received RMB 5.51 billion from borrowings, compared to RMB 3.68 billion in the previous period[22] - The company repaid RMB 4.03 billion in debt, compared to RMB 3.19 billion in the previous period[22] - The company paid RMB 103.66 million in dividends, profits, or interest, compared to RMB 115.69 million in the previous period[22] Shareholder Information - The top 10 shareholders with unrestricted shares include Gansu Tuozhen Equity Investment Fund Partnership with 64,330,556 shares, Jiujiang Fuhe Construction Investment Group Co., Ltd. with 24,180,737 shares, and LG Chem with 22,880,449 shares[9] - Gansu Tuozhen Equity Investment Fund Partnership had 64,330,556 shares unrestricted, which were fully released from lock-up on August 19, 2024[11] - LG Chem held 22,880,449 unrestricted shares, with 26,780,429 shares released from lock-up during the period[11] - Jiujiang Fuhe Construction Investment Group Co., Ltd. had 24,180,737 unrestricted shares, with all shares released from lock-up on August 19, 2024[11] - Ma Ke, the controlling shareholder, had 136,989,775 restricted shares initially, with 803,040 shares released and 55,598,950 shares added, resulting in 191,785,685 restricted shares at the end of the period[11] - The restricted shares of Ma Defu increased from 27,999,294 to 39,199,012 due to an addition of 11,199,718 shares during the period[11] - Jiujiang Defu Investment Management Center (Limited Partnership) had 8,065,631 restricted shares initially, with 3,226,252 shares added, resulting in 11,291,883 restricted shares at the end of the period[12] - Jiujiang Kefu Chuanghui Investment Management Partnership (Limited Partnership) had 12,330,631 restricted shares initially, with 17,262,883 shares released and 4,932,252 shares added, resulting in 0 restricted shares at the end of the period[12] - Jiangxi Ganfeng Lithium Group Co., Ltd. had 10,703,190 restricted shares initially, with 14,984,466 shares released and 4,281,276 shares added, resulting in 0 restricted shares at the end of the period[12] - Hongdao (Xiamen) Equity Investment Management Co., Ltd. - Xiamen Hongdao New Energy Investment Partnership (Limited Partnership) had 9,457,756 restricted shares initially, with 13,240,858 shares released and 3,783,102 shares added, resulting in 0 restricted shares at the end of the period[12] Government Subsidies and Non-Recurring Items - Government subsidies received during the reporting period amounted to RMB 4,600,846.71[4] - The company's non-recurring gains and losses for the period totaled RMB -2,619,844.34[5] R&D Expenses - R&D expenses increased to 131,955,414.15 yuan from 101,277,050.92 yuan in the previous period[18] Product and Market Performance - The company's copper foil processing fees significantly decreased compared to the same period last year, leading to a decline in product gross margin and a corresponding reduction in profits[6] Audit Status - The company's third-quarter report was unaudited[22]
德福科技(301511) - 2024 Q3 - 季度财报