万马科技(300698) - 2024 Q3 - 季度财报

Revenue and Profit - The company's revenue for Q3 2024 was ¥160,741,338.46, representing a 19.80% increase year-over-year[2] - The net profit attributable to shareholders decreased by 35.39% to ¥15,249,535.54 compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses also fell by 35.85% to ¥15,028,723.65[2] - Total operating revenue for Q3 2024 reached CNY 385,478,244.70, an increase of 7.1% compared to CNY 357,457,820.97 in the same period last year[15] - Net profit for Q3 2024 was CNY 31,224,507.45, a decrease of 22.5% from CNY 40,282,490.95 in Q3 2023[16] - Total comprehensive income attributable to the parent company was CNY 31,224,507.45, down from CNY 40,390,276.24 in the previous period, representing a decrease of approximately 22.5%[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥926,727,869.68, reflecting a 3.50% increase from the end of the previous year[2] - The company's total assets increased to CNY 926,727,869.68, up from CNY 895,424,873.83, representing a growth of 3.7%[14] - Non-current assets totaled CNY 348,382,719.60, an increase of 23.7% compared to CNY 281,662,687.93 in the previous year[14] - The total liabilities increased to CNY 452,459,481.58, up from CNY 423,769,212.18, reflecting a growth of 6.7%[14] - The equity attributable to shareholders of the parent company rose to CNY 474,268,388.10, compared to CNY 471,655,661.65, a slight increase of 0.6%[14] Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net outflow of ¥85,734,137.63, down 171.38% year-over-year[2] - Cash flow from operating activities showed a net outflow of CNY -85,734,137.63, compared to a net outflow of CNY -31,591,450.06 in the previous period, indicating a worsening cash flow situation[18] - Cash inflow from operating activities totaled CNY 454,571,596.03, slightly up from CNY 452,292,898.83, while cash outflow increased to CNY 540,305,733.66 from CNY 483,884,348.89[18] - Investment activities resulted in a net cash outflow of CNY -51,822,350.68, compared to CNY -30,267,310.92 in the previous period, indicating increased investment expenditures[19] - Financing activities generated a net cash inflow of CNY 48,716,572.49, a significant improvement from a net outflow of CNY -1,573,322.88 in the previous period[19] - The ending balance of cash and cash equivalents was CNY 48,802,314.17, a decrease from CNY 12,590,066.62 in the previous period[19] Borrowings and Investments - The company reported a 100.13% increase in short-term borrowings, totaling ¥170,399,864.40, attributed to increased bank loans[5] - Cash obtained from borrowings increased by 278.68% to ¥162,832,770.00, reflecting an increase in bank loans[8] - The company received CNY 162,832,770.00 in borrowings during the period, compared to CNY 43,000,000.00 in the previous period, indicating increased reliance on debt financing[19] - Cash paid for debt repayment rose by 77.69% to ¥80,300,000.00, due to bank loan repayments[8] - Cash paid for the acquisition of fixed assets surged by 106.63% to ¥46,200,887.95, driven by new project equipment investments[8] Operational Performance - The basic earnings per share decreased by 35.39% to ¥0.1138[2] - The weighted average return on equity was 3.07%, down 2.42% compared to the previous year[2] - Research and development expenses for Q3 2024 were CNY 35,175,850.83, up from CNY 30,359,660.57, indicating a year-over-year increase of 15.1%[15] - The company reported a decrease in tax expenses to CNY 1,356,317.52 from CNY 3,616,052.16, a reduction of 62.5%[16] Other Financial Metrics - Total current assets decreased from ¥613,762,185.90 to ¥578,345,150.08, with cash and cash equivalents dropping from ¥155,418,954.16 to ¥62,863,618.97[12] - Accounts receivable increased to ¥330,145,192.55 from ¥321,581,359.38, indicating a rise in outstanding customer payments[12] - Inventory decreased from ¥63,735,743.21 to ¥60,236,624.98, showing a reduction in stock levels[12] - Basic and diluted earnings per share decreased to CNY 0.2330 from CNY 0.3014, reflecting a decline of about 22.7%[17] - Cash received from other operating activities amounted to CNY 9,542,035.10, significantly higher than CNY 1,747,116.80 in the previous period, reflecting improved operational cash generation[18] Audit Status - The company has not undergone an audit for the third quarter report[20]