万通液压(830839) - 2024 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders for the first nine months of 2024 was CNY 75,549,223.76, representing a 30.71% increase from CNY 57,797,905.24 in the same period of 2023[5] - Operating income for the third quarter of 2024 was CNY 138,725,247.13, down 22.60% from CNY 179,230,046.35 in the third quarter of 2023[6] - Total operating revenue for the first nine months of 2024 was CNY 443,213,624.49, a decrease of 15.4% compared to CNY 524,128,092.14 in the same period of 2023[27] - Total profit for the period was CNY 85,897,533.14, reflecting a 32.22% increase, attributed to improved operational performance[9] - Net profit for Q3 2024 was CNY 75,549,223.76, marking a 30.71% increase compared to the previous year[9] - Operating profit for Q3 2024 reached CNY 85,989,404.08, an increase of 32.25% year-on-year, driven by higher gross margin products and cost optimization measures[9] - Operating profit for the first nine months of 2024 was CNY 85,989,404.08, an increase of 32.0% from CNY 65,018,192.13 in the previous year[29] - The total comprehensive income for the third quarter of 2024 was CNY 75,549,329.38, compared to CNY 57,798,061.81 in the same period last year, representing an increase of approximately 30.5%[32] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was CNY 92,451,230.04, a significant increase of 149.50% compared to CNY 37,054,753.46 in the same period of 2023[5] - The company reported a 514.10% increase in net cash flow from operating activities in Q3 2024 compared to Q3 2023[6] - Cash flow from financing activities showed a net outflow of CNY 68,635,885.72, a decrease of 86.96%, mainly due to reduced bank loans and increased cash dividends[9] - Cash inflow from sales of goods and services reached CNY 284,523,553.96 in the first nine months of 2024, compared to CNY 265,019,188.23 in the same period last year, reflecting a growth of about 7.0%[35] - The net cash flow from investing activities was -CNY 10,750,584.83 for the first nine months of 2024, an improvement from -CNY 14,250,153.01 in the same period of 2023[36] - The company reported a net cash outflow from financing activities of -CNY 68,635,885.72 in the first nine months of 2024, compared to -CNY 36,710,604.08 in the same period of 2023, indicating a worsening of approximately 86.9%[36] Assets and Liabilities - Total assets as of September 30, 2024, reached CNY 723,436,807.81, an increase of 5.90% compared to CNY 683,103,026.36 at the end of 2023[4] - The company’s asset-liability ratio remained stable at 23.91% for both the parent company and consolidated statements[4] - The company reported a total current assets of CNY 509,574,898.72 as of September 30, 2024, an increase from CNY 469,617,784.83 as of December 31, 2023, representing an increase of approximately 8.5%[19] - Current liabilities rose to CNY 153,455,099.11, compared to CNY 133,264,368.91, marking an increase of about 15.0%[25] - The total liabilities increased to CNY 172,978,045.14 from CNY 164,301,496.83, marking an increase of approximately 4.1%[22] - The company's equity attributable to shareholders increased to CNY 550,458,762.67, up from CNY 518,801,529.53, reflecting a growth of approximately 6.5%[22] Shareholder Information - The total number of ordinary shares at the end of the reporting period was 119,215,000, with 3,034 shareholders[11] - Major shareholders include Wang Wanfah with 33.88% and Wang Gang with 14.97% of shares[13] - There were no pledged or judicially frozen shares among the top shareholders[14] Research and Development - Research and development expenses for the first nine months of 2024 were CNY 18,234,621.88, slightly higher than CNY 17,930,643.10 in the previous year[27] Other Financial Metrics - Financial expenses decreased by 119.63% due to improved cash flow and reduced bank loan interest expenses[8] - Other income increased to CNY 9,744,459.80 in the first nine months of 2024, compared to CNY 3,203,318.48 in the same period of 2023[27] - The company reported a decrease in credit impairment losses to CNY -1,754,099.13 from CNY -2,934,085.01 year-over-year[29] - Non-recurring gains and losses totaled CNY 7,763,553.30, with a net amount after tax of CNY 6,595,677.03[10]