云南锗业(002428) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥154,622,092.92, a decrease of 18.26% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2024 reached ¥38,718,924.85, an increase of 1,518.03% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥31,003,018.55, up 641.51% from the previous year[3]. - Total operating revenue for Q3 2024 reached CNY 502,756,406.53, an increase of 6.0% compared to CNY 470,991,590.18 in the same period last year[20]. - Net profit for Q3 2024 was CNY 27,073,253.33, a significant recovery from a net loss of CNY 3,216,209.00 in the previous year[21]. - The company’s total comprehensive income for the period was CNY 27,073,253.33, a turnaround from a loss of CNY 3,216,209.00 in the previous year[22]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥2,871,586,829.71, reflecting an increase of 11.33% compared to the end of the previous year[3]. - The total liability of the company increased to CNY 1,357,693,521.44, compared to CNY 1,079,710,798.98 in the previous year, indicating a growth of 25.8%[20]. - The company's total current assets reached CNY 1,271,939,529.02, up from CNY 912,627,259.81, which is an increase of approximately 39.4%[19]. - The total non-current assets decreased to CNY 1,599,647,300.69 from CNY 1,666,618,784.03, representing a decline of about 4.0%[19]. - The total number of ordinary shareholders at the end of the reporting period was 71,975, with the largest shareholder holding 13.72% of the shares[15]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥10,936,589.38, which is an improvement of 88.18% year-to-date[3]. - Operating cash inflows totaled CNY 676,824,846.35, representing a 35.23% increase from CNY 500,482,111.93 in the previous year[13]. - Net cash flow from operating activities was -¥10,936,589.38, an improvement from -¥92,516,778.00 year-over-year[24]. - Cash inflow from financing activities increased to ¥768,687,396.36, compared to ¥504,198,722.22 in the previous year, marking a 52.5% rise[24]. - The ending cash and cash equivalents balance was ¥179,260,566.13, significantly higher than ¥94,364,208.31 at the end of the previous year[24]. Expenses - Research and development expenses increased by 58.02% to CNY 45,268,329.74, primarily due to increased spending on compound semiconductor materials and photovoltaic-grade germanium products[12]. - Sales expenses rose by 76.18% to CNY 11,919,953.81, attributed to enhanced market development efforts in the compound semiconductor and photovoltaic-grade germanium sectors[11]. - Financial expenses increased by 41.15% to CNY 25,913,783.63, mainly due to higher financing interest expenses[12]. Borrowings and Equity - Short-term borrowings increased to ¥459,533,891.62, a rise of 44.75% from the beginning of the year, primarily due to increased working capital needs[8]. - Long-term borrowings increased to CNY 243,280,000.00 from CNY 121,730,000.00, representing a growth of 100.0%[20]. - The company received government subsidies amounting to ¥9,996,737.26 during the reporting period, contributing to its financial performance[4]. Inventory and Accounts Receivable - The inventory at the end of the reporting period was ¥664,224,993.05, an increase of 41.83% compared to the beginning of the year, indicating preparation for future market demand[8]. - Accounts receivable decreased to CNY 259,167,664.64 from CNY 274,422,587.48, indicating a decline of about 5.5%[19]. Other Financial Metrics - Basic earnings per share for Q3 2024 was ¥0.059, representing a significant increase of 1,375.00% year-on-year[3]. - The company experienced a 299.57% increase in credit impairment losses, primarily due to a decrease in the provision for bad debts on receivables[12]. - The company plans to continue expanding its market presence and invest in new product development to drive future growth[22].