SD Lomon(002312)2024-10-25 11:14Financial Performance - The company's operating revenue for the third quarter reached ¥2,026,825,814.25, representing a year-on-year increase of 13.02%[2] - Net profit attributable to shareholders was ¥131,247,803.82, up 40.80% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥142,389,091.46, reflecting a 32.29% increase year-on-year[2] - Total revenue for the period reached ¥6,051,911,890.96, an increase of 11.0% compared to ¥5,449,181,794.95 in the previous period[13] - Operating profit was ¥501,095,201.24, up from ¥391,995,255.89, reflecting a growth of 27.9%[13] - Net profit attributable to shareholders was ¥424,864,044.83, compared to ¥324,996,877.20, representing a year-over-year increase of 30.7%[14] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥18,471,157,707.40, an increase of 8.21% from the end of the previous year[2] - Total assets increased to ¥18,471,157,707.40, up from ¥17,069,172,310.07, marking a growth of 8.2%[12] - Non-current assets totaled ¥12,253,437,442.06, an increase from ¥11,447,183,884.00, reflecting a growth of 7.0%[12] - The total liabilities increased to ¥9,074,707,547.50 from ¥7,952,844,323.33, an increase of 14.1%[12] - The company’s equity attributable to shareholders rose to ¥9,383,977,090.64 from ¥9,093,940,362.78, an increase of 3.2%[12] Cash Flow - Cash flow from operating activities for the year-to-date was ¥390,676,661.62, showing a decline of 26.37% year-on-year[2] - The company’s cash flow from operating activities showed a positive trend, indicating improved liquidity[15] - Operating cash inflow for the current period was 5,690,979,652.74 in the previous period[16] - Net cash flow from operating activities decreased to 530,622,225.62, representing a decline of 26.4%[16] - Cash outflow from investment activities totaled 1,330,757,743.34 in the previous period[16] - Net cash flow from investment activities was -737,472,937.61[16] - Cash inflow from financing activities increased to 4,369,568,627.16 in the previous period, marking a growth of 27.1%[16] - Net cash flow from financing activities decreased to 1,030,036,088.67, a decline of 56.6%[16] - The net increase in cash and cash equivalents was -826,310,055.35 in the previous period[17] - The ending balance of cash and cash equivalents was 2,551,233,791.71[17] Accounts Receivable and Inventory - Accounts receivable increased by 71.95% to ¥403,623,602.59, primarily due to the rise in operating revenue[4] - Accounts receivable rose significantly to RMB 403,623,602.59 from RMB 234,730,555.76, representing an increase of approximately 71.8%[10] - The company has a total of RMB 1,139,935,556.60 in inventory as of September 30, 2024, slightly down from RMB 1,149,952,039.81 at the beginning of the year[10] Research and Development - The company has accelerated the upgrade and quality improvement of lithium iron phosphate and other new energy materials to meet market demand, with a new chief scientist appointed to enhance R&D capabilities[9] - The company has engaged a team led by Professor Hu Guorong, who has extensive experience in new energy materials, to enhance its R&D and commercialization efforts[9] Investments and Facilities - The company reported a significant increase in trading financial assets, which rose by 266,956.92% to ¥320,138,215.70 due to the purchase of structured deposits during the reporting period[4] - The company has successfully completed the construction of a 20,000-ton lithium iron phosphate facility, which has commenced small-scale sales[9] - The company is currently debugging a 40,000-ton lithium iron phosphate facility and a 50,000-ton phosphate iron facility in Panzhihua[9] Shareholder Information - The second-largest shareholder, Li Jiaquan, will regain voting rights for 106,680,000 shares starting September 11, 2024, which will not change the control structure of the company[9]