Financial Performance - The company's operating revenue for Q3 2024 reached ¥199,948,795.37, representing a 38.04% increase year-over-year[2]. - Net profit attributable to shareholders for the same period was ¥23,192,181.50, a staggering increase of 4,249.14% compared to the previous year[2]. - The basic earnings per share (EPS) for Q3 2024 was ¥0.2749, reflecting a 4,202.99% increase year-over-year[2]. - The company achieved operating revenue of CNY 508.996 million for the first nine months of 2024, representing a year-on-year growth of 21.47%[12]. - The net profit attributable to shareholders for the first nine months of 2024 was CNY 30.717 million, a decrease of 0.64% compared to the same period last year[12]. - The net profit for Q3 2024 was CNY 30,716,694.05, a slight decrease of 0.64% compared to CNY 30,913,871.95 in Q3 2023[19]. - Operating profit for the quarter was CNY 30,748,755.79, down from CNY 35,378,979.95 in the same period last year, representing a decline of 13.4%[19]. - Total revenue from sales of goods and services reached CNY 477,296,299.39, an increase from CNY 333,387,256.51, marking a growth of 43.1% year-over-year[20]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,940,153,380.67, marking a 4.85% increase from the end of the previous year[2]. - Total assets increased to ¥1,940,153,380.67 from ¥1,850,347,745.42, representing a growth of 4.9%[17]. - Total liabilities rose to ¥881,699,952.84, up from ¥844,248,551.20, marking an increase of 4.4%[17]. - Cash and cash equivalents at the end of the period were ¥160,039,790.14, compared to ¥111,030,868.17 at the beginning of the period, indicating a growth of 44.1%[15]. - The company's total equity reached ¥1,058,453,427.83, compared to ¥1,006,099,194.22, reflecting an increase of 5.2%[17]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥22,381,622.56, showing an 18.24% decrease compared to the same period last year[2]. - Cash flow from operating activities for the current period was CNY 53.516 million, a significant increase of 230.06% compared to the previous period[10]. - Cash flow from investing activities was negative CNY 35.724 million, improving by 88.71% from the previous period[10]. - Cash flow from financing activities was CNY 19.864 million, a decrease of 94.59% due to reduced financing activities[10]. - The cash flow from operating activities showed a net inflow of CNY 53,516,039.39, a significant recovery from a net outflow of CNY -41,145,928.39 in the previous year[20]. - Investment activities resulted in a net cash outflow of CNY -35,724,223.07, an improvement from CNY -316,444,387.02 in Q3 2023[20]. Expenses - The company reported a significant increase in financial expenses, which rose by 219.10% to ¥20,283,770.63 due to increased convertible bond interest expenses[7]. - Financial expenses surged to CNY 20,283,770.63, up from CNY 6,356,572.75, primarily due to increased interest expenses[19]. - The company reported a net tax and additional expenses of ¥3,568,465.20, compared to ¥2,666,526.58 in the previous period, indicating an increase of 33.7%[18]. - The company has allocated ¥21,469,881.77 for sales expenses, up from ¥17,731,785.15, which is an increase of 21.8%[18]. - Research and development expenses increased to CNY 21,210,870.57 from CNY 17,310,352.62, reflecting a growth of 22.0%[19]. Orders and Backlog - The company secured new orders totaling CNY 622 million, with a backlog of CNY 878 million as of September 2024, reflecting a growth of 14.81% from the end of the previous year[12]. - The backlog for injection molds for new energy vehicles was CNY 306 million, an increase of 21.12% compared to the previous period[12]. Other Comprehensive Income - The company reported a significant increase in other comprehensive income, which rose by 274.58% to ¥5,820,131.12, primarily due to exchange rate fluctuations[6]. - The company achieved a total comprehensive income of CNY 34,983,069.03, compared to CNY 29,898,626.26 in the previous year, indicating a growth of 16.9%[19]. Subsidiary and Shareholding - The company plans to dissolve its subsidiary, Mingyang Haitai (Thailand), with the dissolution process ongoing as of September 30, 2024[13]. - The company’s major shareholder, Sun Wenqiang, holds 30.78% of the shares, while Li Qin holds 17.39%[9]. Incentive Plan - The first vesting period of the 2023 restricted stock incentive plan was completed, with shares registered and listed for trading on September 20, 2024[14].
海泰科(301022) - 2024 Q3 - 季度财报