FHEC(688362)2024-10-28 12:50Financial Performance - The company's operating revenue for Q3 2024 reached ¥922,126,744.18, representing a year-on-year increase of 42.22%[2] - For the first nine months of 2024, the total operating revenue was ¥2,551,612,645.70, reflecting a growth of 56.43% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2024 was ¥30,295,377.55, while the net profit for the first nine months was ¥42,401,236.32, showing a significant increase[2] - Total operating revenue for the first three quarters of 2024 reached CNY 2,551,612,645.70, a significant increase from CNY 1,631,106,570.30 in the same period of 2023, representing a growth of approximately 56.4%[15] - Net profit for the first three quarters of 2024 was CNY 27,723,807.69, a recovery from a net loss of CNY 140,258,656.02 in the same period of 2023[16] - The total comprehensive income for Q3 2024 is ¥27,723,807.69, a recovery from a comprehensive loss of ¥140,258,656.02 in the same quarter of the previous year[17] Cash Flow and Liquidity - The company's cash flow from operating activities for the first nine months increased by 184.34%, amounting to ¥1,216,353,486.73[3] - The net cash flow from operating activities for the first three quarters of 2024 is ¥1,216,353,486.73, up from ¥427,784,297.64 in the same period of 2023, reflecting a strong operational performance[18] - The company reported a significant increase in cash inflows from operating activities, totaling ¥3,259,225,348.60 for the first three quarters of 2024, compared to ¥1,884,587,993.95 in the previous year[18] - The company experienced a net cash inflow from financing activities of ¥872,084,971.07 in Q3 2024, compared to an inflow of ¥1,842,163,392.49 in the same period last year[19] - The company reported a net cash outflow from investing activities of ¥2,051,709,484.86 for the first three quarters of 2024, compared to a net outflow of ¥2,435,954,887.09 in the same period last year[19] - Cash and cash equivalents at the end of Q3 2024 amounted to ¥1,345,261,815.42, an increase from ¥693,149,877.06 at the end of Q3 2023[19] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥13,794,668,299.86, an increase of 11.87% from the end of the previous year[3] - The company's total assets increased to CNY 13,794,668,299.86 in Q3 2024, up from CNY 12,330,906,165.46 in Q3 2023, reflecting a growth of approximately 11.9%[14] - Total liabilities rose to CNY 9,778,883,400.67 in Q3 2024, compared to CNY 8,333,159,686.53 in Q3 2023, marking an increase of about 17.4%[14] - Long-term borrowings increased to CNY 3,789,364,359.26 in Q3 2024, up from CNY 3,566,938,155.15 in Q3 2023, showing a growth of approximately 6.2%[14] - The total current assets reached approximately RMB 3.19 billion, up from RMB 3.00 billion, representing an increase of about 6.3%[12] Research and Development - R&D investment totaled ¥60,716,950.65 in Q3 2024, up 48.46% year-on-year, and accounted for 6.58% of operating revenue[3] - Research and development expenses for the first three quarters of 2024 were CNY 154,701,217.21, compared to CNY 102,499,290.33 in 2023, indicating an increase of about 50.9%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,254, with the largest shareholder holding 74,210,000 shares, representing 18.17% of the total shares[8] - The top ten shareholders include Zhejiang Yongshun Chip Electronics Co., Ltd., holding 18.17% of shares, and Zhejiang Landi Group Co., Ltd., holding 7.59%[9] - The company maintains a stable shareholder structure with no reported changes in the relationships among major shareholders[10] Government Support and Subsidies - The company received government subsidies amounting to ¥63,198,958.22 in the current period, contributing positively to the financial results[4] Operational Strategy - The company plans to continue expanding its market presence and developing new products to sustain growth momentum[3] Earnings Per Share - The basic and diluted earnings per share for Q3 2024 are both ¥0.10, recovering from a loss of ¥0.29 per share in the same quarter of the previous year[17]