润农节水(830964) - 2024 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months of 2024 was CNY 467,382,458.29, reflecting a year-on-year increase of 3.63% from CNY 451,016,882.76[5] - The company achieved a 38.95% increase in operating revenue for Q3 2024, reaching CNY 182,376,653.54 compared to CNY 131,255,629.40 in Q3 2023[5] - Total operating revenue for the first nine months of 2024 reached ¥467,382,458.29, an increase from ¥451,016,882.76 in the same period of 2023, representing a growth of approximately 3.0%[25] - Operating revenue for the first nine months of 2024 reached ¥353,735,147.30, a slight increase of 2.3% compared to ¥344,596,009.69 in the same period of 2023[28] Profitability - Net profit attributable to shareholders decreased by 13.92% to CNY 20,741,167.97 for the first nine months of 2024, down from CNY 24,095,842.32 in the same period last year[5] - The net profit attributable to shareholders for Q3 2024 surged by 115.50% to CNY 10,784,816.78, up from CNY 5,004,598.19 in Q3 2023[5] - Net profit for the first nine months of 2024 was ¥14,972,959.88, down 23.4% from ¥19,605,509.64 in the same period of 2023[29] - Total comprehensive income for the first nine months of 2024 was ¥14,972,959.88, down from ¥19,605,509.64 in the same period of 2023[29] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 125,098,813.61, worsening by 17.22% compared to CNY 106,723,898.02 in the previous year[5] - Cash flow from operating activities showed a net outflow of ¥125,098,813.61, compared to a net outflow of ¥106,723,898.02 in the same period of 2023[30] - Cash flow from investing activities resulted in a net outflow of ¥10,986,400.50, a decrease from a net inflow of ¥83,750,387.06 in the first nine months of 2023[31] - Cash flow from financing activities generated a net inflow of ¥96,721,940.36, contrasting with a net outflow of ¥16,101,029.64 in the same period of 2023[31] Assets and Liabilities - Total assets increased by 15.29% to CNY 1,323,306,829.97 as of September 30, 2024, compared to CNY 1,147,851,693.79 at the end of 2023[5] - Total liabilities rose to CNY 418,683,005.96, up from CNY 250,908,637.75, representing an increase of about 67%[20] - Current assets rose to CNY 1,155,137,710.15, compared to CNY 1,002,616,706.91 at the end of 2023, indicating an increase of about 15.2%[18] - Total liabilities rose to ¥350,980,661.96 in 2024, compared to ¥214,475,484.68 in 2023, an increase of approximately 63.7%[24] Shareholder Information - The total number of unrestricted shares at the end of the reporting period is 179,395,411, accounting for 68.68% of the total share capital[9] - The total number of restricted shares at the end of the reporting period is 81,812,589, accounting for 31.32% of the total share capital[9] - The largest shareholder, Xue Baosong, holds 86,970,163 shares, representing 33.30% of the total shares[11] - The number of shareholders holding more than 5% of shares totals 10, with a combined holding of 140,829,063 shares, representing 53.92% of total shares[11] Borrowings and Financial Obligations - The company reported a significant increase in short-term borrowings, rising by 995.15% to CNY 112,800,000.00 due to increased funding needs[6] - Short-term borrowings surged to CNY 112,800,000.00 from CNY 10,300,000.00, a significant increase of approximately 990.3%[19] - The company has no external guarantees or loans provided during the reporting period[13] Inventory and Expenses - Inventory levels rose by 30.24% to CNY 434,995,861.77, attributed to an increase in ongoing construction projects[6] - Total operating costs for the same period were ¥440,031,384.78, up from ¥415,514,151.52, indicating an increase of about 5.9%[25] - Research and development expenses for the first nine months of 2024 were ¥11,456,135.98, compared to ¥10,450,943.97 in 2023, showing an increase of about 9.6%[25] - The company reported a significant increase in financial expenses, with interest expenses rising to ¥3,739,320.42 from ¥1,051,057.99 in the same period of 2023[28]