双星新材(002585) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥1,506,422,288.19, representing an increase of 11.38% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥61,684,064.12, a decrease of 460.38% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥86,093,203.99, reflecting a decline of 529.37% compared to the previous year[2]. - The net profit for Q3 2024 was -227,699,334.34 CNY, compared to a profit of 45,767,052.25 CNY in the same period last year, representing a significant decline[11]. - The operating profit for Q3 2024 was -288,193,197.52 CNY, down from 35,207,448.48 CNY in Q3 2023[11]. - The total comprehensive income for Q3 2024 was -227,699,334.34 CNY, down from 45,767,052.25 CNY in the previous year[11]. - Basic and diluted earnings per share for Q3 2024 were both -0.199 CNY, compared to 0.040 CNY in Q3 2023[12]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥13,361,512,171.44, a decrease of 0.29% from the end of the previous year[2]. - The company's total assets decreased slightly to CNY 13,361,512,171.44 from CNY 13,399,975,091.93, a decline of 0.3%[9]. - Total liabilities increased to CNY 4,309,249,877.12, up from CNY 4,085,773,784.91, representing a rise of 5.5%[9]. - The equity attributable to shareholders decreased to CNY 9,052,262,294.32 from CNY 9,314,201,307.02, a decrease of 2.8%[9]. Cash Flow - The company's cash flow from operating activities was -¥107,318,254.96, showing a decline of 115.61% year-on-year[2]. - The cash flow from operating activities for Q3 2024 was -107,318,254.96 CNY, a decrease from 687,618,977.39 CNY in the previous year[13]. - The cash flow from investing activities for Q3 2024 was -716,581,145.32 CNY, compared to -951,316,047.94 CNY in Q3 2023[14]. - The cash flow from financing activities for Q3 2024 was 523,113,302.88 CNY, an increase from 315,579,338.78 CNY in the same period last year[14]. - The company's cash and cash equivalents decreased by 597.41% year-on-year, attributed to increased operational payments[5]. - The cash and cash equivalents at the end of Q3 2024 were 464,735,649.28 CNY, a decrease from 595,700,203.90 CNY at the end of Q3 2023[14]. - The company's cash and cash equivalents decreased from ¥937,834,909.74 to ¥550,925,107.17, a decline of approximately 41.2%[7]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 71,678[6]. - The largest shareholder, Wu Peifu, holds 26.15% of the shares, totaling 301,388,029 shares[6]. - The top three shareholders collectively hold 36.71% of the company's shares[6]. - The company reported no significant changes in the number of preferred shareholders or their holdings[7]. - The company has no changes in the participation of major shareholders in margin trading and securities lending[7]. Operational Highlights - Total operating revenue for the third quarter reached CNY 4,333,407,441.24, an increase of 10.7% compared to CNY 3,914,410,573.33 in the same period last year[10]. - Total operating costs amounted to CNY 4,670,211,570.16, up from CNY 3,953,095,690.34, reflecting a year-over-year increase of 18.1%[10]. - Research and development expenses increased to CNY 178,334,741.28, compared to CNY 162,279,252.47, marking a growth of 9.9%[10]. - The company reported a net profit margin decline due to increased costs, with net profit figures not specified in the provided data[10]. - The company plans to continue investing in new product development and market expansion strategies to drive future growth[10]. Financial Challenges - The company reported a 1243.81% increase in financial expenses due to higher borrowing costs and reduced exchange gains[5]. - The company experienced a 1829.09% increase in asset impairment losses, primarily due to increased inventory write-downs[5]. - Deferred income tax assets rose to CNY 190,390,325.99 from CNY 123,630,268.12, an increase of 54%[8]. - Short-term borrowings surged to CNY 290,832,780.20, compared to CNY 77,672,897.89, indicating a significant increase in financing needs[8].