菲达环保(600526) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was CNY 694,903,142.89, a decrease of 25.48% compared to the same period last year[2]. - The net profit attributable to shareholders for the same period was CNY 48,424,815.07, reflecting a year-on-year increase of 1.50%[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 37,350,467.01, up 24.58% year-on-year[2]. - Total operating revenue for the first three quarters of 2024 was CNY 2,157,803,970.53, a decrease of 12.57% compared to CNY 2,468,595,549.68 in the same period of 2023[14]. - Net profit for the first three quarters of 2024 was CNY 173,357,619.72, an increase of 20.61% compared to CNY 143,827,849.31 in the same period of 2023[15]. - The comprehensive income for the first three quarters of 2024 was CNY 34,739,281.33, compared to CNY 24,863,481.30 in the same period last year, indicating a growth of 39.6%[23]. Assets and Liabilities - Total assets at the end of Q3 2024 reached CNY 10,605,833,150.82, a slight increase of 0.62% from the end of the previous year[3]. - The total liabilities as of the end of the third quarter of 2024 amounted to CNY 6,082,406,788.86, a slight decrease from CNY 6,183,313,922.34 at the end of the previous year[13]. - The total equity attributable to shareholders of the parent company increased to CNY 4,278,207,902.29 from CNY 4,114,932,697.71, representing a growth of 3.98%[13]. - The total assets as of September 30, 2024, amounted to CNY 8,723,060,747.68, an increase from CNY 8,467,818,373.72 at the end of 2023, representing a growth of about 3.0%[19]. - The total liabilities increased to CNY 4,615,897,824.93, up from CNY 4,417,847,648.10, reflecting a growth of 4.5%[22]. Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 377,326,880.88, down 12.53% compared to the previous year[2]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY 221,564,956.92, compared to CNY 166,847,355.86 in the same period last year, indicating a growth of 32.7%[24]. - The cash inflow from operating activities totaled CNY 1,711,952,067.51, compared to CNY 1,548,888,388.78 in the previous year, representing an increase of 10.5%[24]. - The cash inflow from financing activities totaled CNY 401,309,500.00 CNY, an increase from 387,732,900.00 CNY in the same period last year[25]. - The net cash flow from financing activities was 43,545,166.77 CNY, compared to a negative cash flow of 134,012,524.07 CNY in the previous year[25]. Inventory and Receivables - The company reported a significant increase in inventory by 32.45%, attributed to accelerated project execution and increased material procurement[5]. - Inventory increased significantly to RMB 1.02 billion from RMB 772.66 million, representing a growth of about 32.4%[11]. - The company's accounts receivable decreased to CNY 1,544,380,000.71 as of September 30, 2024, from CNY 1,593,428,089.08 at the end of 2023, a decline of approximately 3.1%[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,935[7]. - The company has not reported any changes in major shareholders or their participation in margin trading and securities lending activities[9]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 101,131,047.14, slightly up from CNY 97,082,369.44 in the previous year[14]. - Research and development expenses for the first three quarters of 2024 were CNY 77,454,025.41, a decrease of 4.4% from CNY 81,053,971.75 in 2023[22]. Other Financial Metrics - The weighted average return on net assets was 1.13%, a decrease of 0.08 percentage points compared to the previous year[2]. - Basic and diluted earnings per share for the first three quarters of 2024 were both CNY 0.18, compared to CNY 0.15 in the same period of 2023, indicating a 20% increase[16]. - The company reported a financial expense of CNY 5,016,324.17, significantly reduced from CNY 17,043,739.23 in the previous year, marking a decrease of 70.5%[22]. - The company recorded a decrease in credit impairment losses to CNY -35,162,357.99 from CNY -52,084,410.08, showing an improvement in credit quality[22]. Strategic Initiatives - The company continues to focus on market expansion and new product development as part of its strategic initiatives for future growth[15]. - The company has adopted new accounting standards starting from 2024, which may affect the financial statements[25].