Financial Performance - The company's operating revenue for Q3 2024 reached ¥1,022,352,493.07, representing a 54.56% increase compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥37,003,548.54, a decrease of 36.29% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥34,971,400.36, down 28.69% from the previous year[2] - The weighted average return on equity for Q3 2024 was 1.31%, a decrease of 0.82% compared to the same period last year[2] - The company's basic earnings per share for Q3 2024 was ¥0.10, a decrease of 33.33% year-on-year[2] - Net profit for Q3 2024 was ¥140,046,638.90, compared to ¥155,840,587.77 in Q3 2023, reflecting a decrease of 10.1%[15] - Total comprehensive income for Q3 2024 was ¥165,524,421.41, compared to ¥152,021,726.14 in Q3 2023, marking an increase of 8.8%[15] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥4,077,205,634.64, reflecting a 5.64% increase from the end of the previous year[2] - The total equity attributable to shareholders increased by 1.67% to ¥2,862,418,660.17 compared to the end of the previous year[2] - Total liabilities increased to CNY 1,188,065,445.02 from CNY 1,019,381,624.40, marking a rise of about 16.54%[12] - The total current liabilities amounted to CNY 1,145,685,694.44, compared to CNY 970,449,836.38 at the beginning of the period, showing an increase of about 18.01%[12] Cash Flow - Cash flow from operating activities showed a net outflow of ¥66,448,323.57, which is a 69.95% increase in outflow compared to the previous year[2] - The net cash flow from operating activities was -¥66,448,323.57, an improvement from -¥221,098,403.36 in the previous year[16] - Investment activities generated a net cash flow of -¥22,917,145.77, a 97.68% decrease in losses from -¥987,145,896.49, due to significant redemptions of structured deposits[6] - The net cash flow from financing activities was -108,782,022.33 CNY, compared to 1,541,980,266.27 CNY in the previous period[17] - The cash outflow from investment activities was -¥22,917,145.77, an improvement from -¥987,145,896.49 in the previous year, indicating better investment management[16] Expenses - Operating costs increased to ¥2,237,825,291.59, up 41.54% compared to ¥1,581,083,122.14, primarily due to business scale growth and unfavorable exchange rates[6] - Sales expenses rose to ¥46,751,800.53, a 66.63% increase from ¥28,057,079.36, mainly due to higher agency fees and sales personnel salaries[6] - Research and development expenses increased to ¥99,899,466.46, up from ¥91,608,172.36, indicating a focus on innovation[14] - The company recorded a decrease in financial expenses, with interest expenses at ¥797,701.29, down from ¥3,343,819.45 year-over-year[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,963, with no preferred shareholders having restored voting rights[7] - The largest shareholder, Weihai Mingbo Cable Technology Co., Ltd., holds 52.91% of shares, totaling 205,854,885 shares[8] Other Income and Gains - The company received government subsidies amounting to ¥2,423,000.00 during the reporting period, contributing to its non-recurring gains[3] - Other income surged to ¥15,751,918.45, reflecting a 189.91% increase from ¥5,433,336.47, attributed to increased VAT deductions[6] - The company experienced a 106.92% decrease in income tax expenses, amounting to -¥484,615.40, due to reduced profits and deferred tax reductions[6] Inventory and Accounts Receivable - Accounts receivable increased significantly to CNY 1,134,766,772.21, up from CNY 885,333,810.35, representing a growth of about 28.14%[11] - Inventory rose to CNY 590,348,177.15 from CNY 503,396,080.20, indicating an increase of approximately 17.25%[11] Comprehensive Income - The company’s other comprehensive income increased to CNY 37,042,395.02 from CNY 11,640,411.88, representing a significant rise of approximately 217.36%[12] - The company’s retained earnings grew to CNY 699,099,030.80 from CNY 685,463,893.08, reflecting a modest increase of about 1.98%[12] Audit Status - The third quarter report was not audited[18]
泓淋电力(301439) - 2024 Q3 - 季度财报