武进不锈(603878) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 decreased by 37.42% year-on-year, totaling approximately ¥2.09 billion[2] - Net profit attributable to shareholders fell by 65.51% in Q3 2024, amounting to approximately ¥170.60 million[2] - Net profit excluding non-recurring gains and losses decreased by 68.25% in Q3 2024, totaling approximately ¥159.01 million[2] - Basic earnings per share (EPS) for Q3 2024 dropped by 68.75% to ¥0.30[2] - Diluted EPS for Q3 2024 decreased by 62.50% to ¥0.06[3] - Total operating revenue for the first three quarters of 2024 was CNY 2,090,064,590.96, a decrease of 23.1% compared to CNY 2,720,446,630.73 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was CNY 170,598,615.88, a decline of 37.5% compared to CNY 272,971,815.38 in 2023[16] - Earnings per share for the first three quarters of 2024 were CNY 0.30, down from CNY 0.49 in the same period of 2023[17] - The total comprehensive income for the first three quarters of 2024 was CNY 170,598,615.88, a decrease of 37.5% from CNY 272,971,815.38 in 2023[17] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥3.96 billion, a decrease of 6.96% from the previous year[3] - Shareholders' equity attributable to the parent company was approximately ¥2.67 billion, down 4.73% from the previous year[3] - The company's total current assets as of September 30, 2024, amount to 2,911,213,294.39 RMB, a decrease from 3,180,362,055.79 RMB at the end of 2023[12] - Total liabilities as of the end of the third quarter of 2024 were CNY 1,295,286,117.60, a decrease of 11.3% from CNY 1,459,323,134.44 at the end of 2023[14] - Total current liabilities decreased to 950,296,335.49 RMB from 1,037,276,319.74 RMB[13] Cash Flow - Cash flow from operating activities for the year-to-date was approximately ¥296.43 million, compared to a negative cash flow in the same period last year[2] - The net cash flow from operating activities turned positive at CNY 296,430,396.58, compared to a negative cash flow of CNY -20,259,578.36 in the first three quarters of 2023[18] - Cash inflows from operating activities totaled CNY 1,822,923,910.39, a decrease of 4.8% compared to CNY 1,914,850,556.43 in the same period of 2023[18] - Cash outflows for purchasing goods and services decreased significantly to CNY 1,203,028,793.27 from CNY 1,675,161,901.84, reflecting a reduction of approximately 28.2%[18] - The company reported a significant reduction in cash flow from financing activities due to decreased cash from bond issuance and loans, along with increased dividend distributions[7] - Cash inflows from financing activities totaled CNY 19,520,000.00, a decrease of 54.2% from CNY 426,311,899.99 in the previous year[19] - The company reported cash outflows for dividend distribution and interest payments of CNY 300,933,006.67, which is significantly higher than CNY 156,365,416.18 in the same period last year[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,961[8] - The largest shareholder, Zhu Guoliang, holds 90,527,531 shares, representing 16.13% of total shares[10] - The company has not indicated any changes in the participation of major shareholders in margin trading or securities lending[10] Operational Metrics - The decline in revenue and profit was primarily attributed to a decrease in sales and reduced foreign exchange gains[6] - Research and development expenses for the first three quarters of 2024 were CNY 29,316,641.51, an increase of 11.5% compared to CNY 26,237,501.80 in 2023[15] - The company reported a decrease in financial expenses, with a net financial cost of CNY 7,629,309.05 compared to a net income of CNY -7,776,185.62 in the previous year[15] - Deferred income as of the end of the third quarter of 2024 was CNY 55,156,930.17, down from CNY 62,114,987.87 in 2023[14] - The company experienced a net decrease in cash and cash equivalents of CNY -61,143,897.22, compared to a decrease of CNY -45,732,384.85 in the same period last year[19]