SD HEAD(002810)2024-10-28 10:41Financial Performance - The company's revenue for Q3 2024 reached ¥499,955,482.96, representing a 16.78% increase compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥74,119,850.08, a 2.06% increase year-over-year, while the net profit after deducting non-recurring gains and losses decreased by 10.86% to ¥63,219,719.69[2]. - Year-to-date revenue as of Q3 2024 totaled ¥1,435,164,249.84, reflecting a 21.78% increase compared to the same period last year[2]. - Net profit for the current period was ¥198,045,757.59, a decrease of 13.7% from ¥229,530,217.32 in the same period last year[16]. - Operating profit decreased to ¥226,461,911.57 from ¥267,118,557.63, reflecting a decline of 15.2%[16]. - The company reported a basic earnings per share of ¥0.58, down from ¥0.67 in the previous year[16]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period increased significantly by 119.90% to ¥215,381,416.27[2]. - Cash flow from operating activities generated a net amount of ¥215,381,416.27, significantly higher than ¥97,943,091.75 in the previous period[17]. - Total cash inflow from operating activities was ¥1,340,575,034.37, compared to ¥1,110,412,542.49 in the previous period, indicating a growth of 20.7%[17]. - Cash and cash equivalents at the end of the period amounted to 312,423,889.17 CNY, up from 149,390,871.69 CNY year-over-year[18]. - The net increase in cash and cash equivalents for the period was 84,059,189.08 CNY, compared to 34,686,403.24 CNY in the previous year[18]. Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥3,935,811,909.54, a 3.78% increase from the end of the previous year[2]. - Current assets rose to CNY 1,368,914,908.33, up from CNY 1,017,821,889.97, marking an increase of about 34.4%[12]. - Total liabilities amounted to CNY 1,709,486,425.50, slightly up from CNY 1,697,628,481.31, showing a marginal increase of 0.5%[13]. - The total equity attributable to shareholders rose to CNY 2,226,325,484.04 from CNY 2,094,899,074.01, reflecting an increase of approximately 6.3%[14]. Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 26,823[9]. - The largest shareholder, Bi Xinde, holds 26.83% of the shares, totaling 91,670,305 shares[10]. - The company did not have any preferred shareholders with voting rights restored during the reporting period[11]. Research and Development - R&D expenses increased by 30.47% to ¥64,938,900.42 compared to ¥49,773,346.64 in the same period last year, primarily due to increased investment in R&D[7]. - Research and development expenses increased to ¥64,938,900.42, compared to ¥49,773,346.64 in the prior period, marking a rise of 30.4%[15]. Other Income and Expenses - Other income rose by 82.16% to ¥9,867,967.91, attributed to an increase in government subsidies received[7]. - The company recorded other income of ¥9,867,967.91, up from ¥5,417,062.33 in the previous period, reflecting a growth of 82.5%[15]. - Financial expenses surged by 1358.71% to ¥21,378,928.10 from ¥1,465,602.42, mainly due to increased interest expenses and reduced exchange gains[7]. Investment and Financing Activities - Investment activities resulted in a net cash outflow of ¥21,285,048.15, an improvement from a larger outflow of ¥172,935,002.54 in the prior period[17]. - The company received 594,700,000.00 CNY from investment absorption during the quarter[18]. - The cash outflow for debt repayment was 229,256,073.35 CNY, compared to 851,605,496.68 CNY in the previous year[18]. Capital Expenditures - Cash outflow for the purchase of fixed assets decreased by 65.10% to ¥51,048,270.99 from ¥146,255,415.66, indicating reduced capital expenditure[8].