凯立新材(688269) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥330,731,831.98, a decrease of 10.69% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥17,264,671.77, an increase of 163.11% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥15,467,028.14, up 174.24% year-on-year[2]. - The net profit attributable to shareholders for the year-to-date period decreased by 34.45% due to declining revenue and rising costs[5]. - Total operating revenue for the first three quarters of 2024 was CNY 1,143,179,877.40, a decrease of 14.7% compared to CNY 1,339,914,386.76 in the same period of 2023[11]. - Net profit for the first three quarters of 2024 was CNY 63,993,284.11, a decline of 34.5% from CNY 97,697,786.01 in the same period of 2023[14]. - The company's total liabilities increased to CNY 825,804,403.77 in Q3 2024, up from CNY 538,058,061.81 in Q3 2023, representing a growth of 53.5%[11]. - The total equity attributable to shareholders of the parent company was CNY 987,132,208.52, slightly down from CNY 988,427,154.75 in the previous year[11]. Cash Flow - The net cash flow from operating activities for Q3 2024 was -¥67,083,199.43, a decrease of 4402.39% compared to the previous year[3]. - The net cash flow from operating activities for the first three quarters of 2024 was -CNY 31,892,407.79, a decrease from CNY 46,999,651.29 in the previous year[15]. - The cash inflow from operating activities generated a net amount of CNY 68,707,148.48 in the first three quarters of 2024, compared to a negative cash flow of CNY -28,440,905.80 in the same period of 2023[21]. - The total cash outflow from investment activities was CNY 305,404,979.02, significantly higher than CNY 158,804,778.10 in the same period last year, resulting in a net cash flow from investment activities of -CNY 235,128,926.29[16]. - Cash inflow from financing activities reached CNY 427,600,000.00, compared to CNY 150,000,000.00 in the previous year, indicating a substantial increase[16]. - The net cash flow from financing activities was CNY 183,274,922.01, a recovery from -CNY 149,342,304.17 in the same period last year[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,842,889,119.55, an increase of 20.25% compared to the end of the previous year[3]. - As of September 30, 2024, total assets reached approximately CNY 1.84 billion, an increase from CNY 1.53 billion at the end of 2023, reflecting a growth of about 20.25%[9]. - Current assets totaled CNY 871.84 million, up from CNY 791.07 million, indicating an increase of approximately 10.19%[9]. - The company's total assets reached CNY 1,612,266,988.71 in Q3 2024, up from CNY 1,336,719,385.01 in Q3 2023, marking an increase of about 20.5%[20]. - The company's total liabilities increased to CNY 636,555,947.20 in Q3 2024 from CNY 367,954,681.14 in Q3 2023, indicating a significant rise of about 73%[20]. Research and Development - Research and development expenses totaled ¥11,562,357.94, a decrease of 8.42% year-on-year, accounting for 3.50% of operating revenue[3]. - Research and development expenses for the first three quarters of 2024 were CNY 33,682,861.67, a decrease from CNY 37,507,682.06 in the same period of 2023[13]. - The company's financial expenses increased to CNY 4,246,919.31 in the first three quarters of 2024, compared to CNY 2,007,294.65 in the same period of 2023, representing an increase of approximately 111.5%[19]. Sales and Inventory - The company experienced a 210.28% increase in catalyst sales volume compared to the same quarter last year, contributing to the profit growth[5]. - Accounts receivable rose significantly to CNY 218.27 million, compared to CNY 113.30 million, marking an increase of approximately 92.73%[9]. - Inventory increased to CNY 239.93 million from CNY 196.09 million, representing a growth of about 22.36%[9]. - The company's inventory as of September 30, 2024, was CNY 194,315,227.57, up from CNY 182,385,028.72 in the same period last year[17]. Other Financial Metrics - The basic earnings per share for Q3 2024 was ¥0.13, a decrease of 34.67% compared to the same period last year[3]. - Earnings per share for the first three quarters of 2024 were CNY 0.49, compared to CNY 0.75 in the same period of 2023, indicating a decrease of 34.7%[14]. - The company reported a net profit margin of approximately 5.6% for the first three quarters of 2024, down from 7.3% in the same period of 2023[14]. - The company reported a significant increase in contract liabilities to CNY 49.73 million from CNY 7.52 million, a rise of about 563.00%[10]. Strategic Developments - The company has not disclosed any new product developments or market expansion strategies in the current report[8]. - The company is set to adopt new accounting standards starting in 2024, which may impact future financial reporting[23].