松原股份(300893) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 reached ¥506,757,033.55, an increase of 47.08% year-over-year[3] - Net profit attributable to shareholders was ¥67,401,010.92, up 24.67% compared to the same period last year[3] - Net profit excluding non-recurring gains and losses was ¥61,242,658.71, reflecting a 13.42% increase year-over-year[3] - The company's total revenue for Q3 2024 reached ¥1,310,089,983.09, representing a 60.80% increase compared to the same period last year[6] - Net profit for Q3 2024 was ¥190,712,663.57, a 62.87% increase year-over-year, driven by expanded sales volume[7] - Basic earnings per share for Q3 2024 were ¥0.2980, a rise of 23.51% year-over-year[3] - Diluted earnings per share increased to ¥0.2549, up 6.69% from the same period last year[3] - Operating profit for the period was ¥215,389,053.91, up 66.0% from ¥129,852,078.81 in Q3 2023[19] - Basic earnings per share rose to ¥0.8446, compared to ¥0.5200 in the previous year, reflecting a growth of 62.2%[20] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥2,693,852,137.09, a growth of 35.95% from the end of the previous year[3] - Current assets rose to CNY 1,476,208,739.77, compared to CNY 1,094,583,582.17 at the beginning of the period, marking an increase of about 35%[17] - Total liabilities reached CNY 1,422,489,322.71, up from CNY 916,693,821.90, which is an increase of approximately 55%[17] - Short-term borrowings rose to CNY 150,066,666.66 from CNY 74,052,815.28, reflecting an increase of about 103%[17] - The company's equity attributable to shareholders increased to CNY 1,271,362,814.38 from CNY 1,064,856,045.58, marking a growth of around 19%[18] Cash Flow - Cash flow from operating activities for the year-to-date was ¥148,994,747.20, an increase of 37.31% compared to the previous year[3] - Cash flow from operating activities increased by 37.31% to ¥148,994,747.20, attributed to higher sales during the reporting period[7] - The company reported a net cash outflow from investing activities of ¥437,093,828.60, compared to a net outflow of ¥158,715,781.52 in the previous year[21] - The net cash flow from financing activities for Q3 2024 was 422,706,829.29 CNY, compared to 43,715,068.99 CNY in Q3 2023, indicating a significant increase[22] - The company reported a net increase in cash and cash equivalents of 134,468,725.90 CNY for Q3 2024, contrasting with a decrease of 6,406,467.33 CNY in Q3 2023[22] Investments and Expenses - Research and development expenses increased by 33.08% to ¥69,023,239.16, reflecting the growth in new R&D projects[7] - Total operating costs for the quarter were ¥1,086,083,761.15, a rise of 59.5% compared to ¥680,581,548.72 in Q3 2023[19] - The company reported government subsidies of ¥1,507,737.60 for the current period, contributing to its financial performance[4] Shareholder Information - Shareholders' equity reached ¥1,271,362,814.38, representing a 19.39% increase compared to the previous year-end[3] - The top shareholder, Hu Chanming, holds 46.63% of the shares, with a total of 105,468,750 shares[8] - The company has a total of 113,210,357 restricted shares, with 118,125 shares newly restricted during the reporting period[12] Legal and Regulatory Matters - The company has filed for arbitration against Tianji Automobile (Changsha) Group Co., Ltd. for unpaid goods amounting to RMB 4,305,470.54, with a favorable ruling received[13] - The company has recognized a 50% provision for bad debts related to the receivable from Tianji Automobile due to its production halt[13] - The company has adopted new accounting standards starting in 2024, which may impact future financial reporting[23]