三美股份(603379) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥999,073,013.02, representing a year-on-year increase of 14.48%[3] - Net profit attributable to shareholders for Q3 2024 was ¥177,175,960.99, a significant increase of 63.55% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 surged by 292.89% to ¥174,445,830.72[3] - The weighted average return on net assets for Q3 2024 was 2.87%, an increase of 1.00 percentage points year-on-year[3] - Basic earnings per share for Q3 2024 were ¥0.29, up 61.11% from the same period last year[3] - The total operating profit for Q3 2024 was CNY 710,627,184.94, significantly up from CNY 317,073,096.16 in Q3 2023, marking an increase of about 124.5%[16] - The total comprehensive income for Q3 2024 was CNY 559,125,413.05, compared to CNY 238,030,714.23 in Q3 2023, representing an increase of about 134.9%[17] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.92, up from CNY 0.39 in Q3 2023, reflecting an increase of approximately 135.9%[17] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥6,997,059,117.84, reflecting a 3.98% increase from the end of the previous year[4] - As of September 30, 2024, the company's total assets amounted to RMB 6,997,059,117.84, compared to RMB 6,728,954,607.88 at the end of 2023, reflecting a growth of 4.0%[13] - The total liabilities decreased to RMB 648,258,997.48 from RMB 836,468,902.28, a reduction of 22.5%[14] - The equity attributable to shareholders of the parent company increased to RMB 6,224,253,283.72 from RMB 5,892,485,705.60, reflecting a growth of 5.6%[14] Cash Flow - The net cash flow from operating activities for the year-to-date period decreased by 25.81% to ¥316,459,186.75[3] - The cash inflow from investment activities for the first three quarters of 2024 was CNY 342,763,628.96, compared to CNY 246,149,537.60 in the same period of 2023, an increase of about 39.2%[19] - The net cash flow from investment activities was -832,993,599.07 CNY, compared to -417,353,606.17 CNY in the previous year, indicating a significant increase in cash outflow[20] - The cash outflow from financing activities totaled 261,900,678.73 CNY, up from 146,445,479.18 CNY year-over-year, reflecting increased financial obligations[20] - The net increase in cash and cash equivalents was -772,608,766.62 CNY, compared to -114,089,998.65 CNY in the same period last year, showing a worsening liquidity position[20] - The ending balance of cash and cash equivalents decreased to 2,349,664,942.20 CNY from 3,368,625,795.42 CNY, representing a decline of approximately 30.2%[20] - The company reported cash paid for dividends and interest at 140,506,869.28 CNY, slightly down from 145,919,533.20 CNY in the previous year[20] - The cash flow from financing activities was negative, indicating that the company is facing challenges in managing its financing costs[20] Shareholder Information - The company reported a total of 18,095 common shareholders at the end of the reporting period[8] - The top shareholder, Hu Rongda, holds 37.83% of the shares, totaling 230,913,959 shares[8] Investment and Expenses - Research and development expenses for Q3 2024 were CNY 56,802,178.43, up from CNY 32,440,911.75 in Q3 2023, reflecting a growth of approximately 75.4%[16] - The total operating costs for Q3 2024 were CNY 2,343,197,837.96, slightly up from CNY 2,300,237,948.77 in Q3 2023, an increase of about 1.9%[16] - The investment income for Q3 2024 was a loss of CNY 9,418,227.83, compared to a loss of CNY 5,905,962.58 in Q3 2023, indicating a worsening of approximately 59.5%[16] Other Financial Insights - The company attributes the significant profit increases primarily to rising sales prices during the reporting period[6] - The company's cash and cash equivalents decreased to RMB 2,477,005,240.31 from RMB 3,187,382,915.18, a decline of 22.2%[12] - Accounts receivable increased significantly to RMB 440,354,539.05, up 58.0% from RMB 278,715,885.77 in the previous year[12] - The company's non-current assets totaled RMB 2,707,746,931.41, an increase from RMB 2,445,936,400.56, indicating a growth of 10.7%[13] - The company's inventory decreased slightly to RMB 520,336,804.49 from RMB 543,350,663.45, a decline of 4.2%[12] - The company reported a significant increase in other receivables, which rose to RMB 62,606,084.75 from RMB 24,547,820.32, marking a growth of 154.0%[12] - The company has not reported any significant changes in the participation of major shareholders in financing or securities lending activities[10] - The company has not adopted new accounting standards or interpretations for the current year, which may affect future financial reporting[20] - The company’s cash flow management strategies will need to be reassessed given the substantial cash outflows and declining cash reserves[20]