鹏鹞环保(300664) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥390,420,308.83, a decrease of 26.90% compared to the same period last year[2] - The net profit attributable to shareholders for the same period was ¥48,303,687.47, down 29.29% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥51,459,563.96, reflecting a 24.50% decrease compared to the previous year[2] - Total operating revenue for Q3 2024 was CNY 1,312,912,588.89, a decrease of 7.37% compared to CNY 1,417,430,191.81 in the same period last year[12] - Net profit attributable to shareholders for Q3 2024 increased to CNY 2,531,601,615.73, up 4.43% from CNY 2,424,675,402.58 in the previous year[11] - The net profit for the third quarter of 2024 was CNY 205,179,384.76, a decrease of 34.5% compared to CNY 312,984,490.55 in the same period last year[13] - The total profit for the quarter was CNY 271,426,920.52, down from CNY 404,713,193.22, reflecting a decline of 32.8% year-over-year[13] - The basic and diluted earnings per share were both CNY 0.2770, compared to CNY 0.4069 in the previous year, indicating a decrease of 31.7%[14] - The company achieved operating profit of CNY 268,943,777.14, down from CNY 400,839,366.41, reflecting a decline of 33.0% year-over-year[13] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥7,923,890,812.76, showing a slight increase of 0.04% from the end of the previous year[2] - The company's total assets reached CNY 7,923,890,812.76, slightly up from CNY 7,920,625,383.78 in the previous quarter[11] - The total current assets at the end of the third quarter were approximately CNY 3.26 billion, an increase from CNY 3.18 billion at the beginning of the period, reflecting a growth of about 2.5%[9] - The total non-current assets decreased to CNY 4.06 billion from CNY 4.18 billion, a decline of about 2.9%[9] - The company's total liabilities stood at CNY 3,533,418,349.94, a slight increase from CNY 3,530,388,429.83 in the previous quarter[11] - Current liabilities increased to CNY 2,400,507,281.14, compared to CNY 2,362,210,866.38 in the previous quarter, reflecting a rise of 1.88%[11] - Long-term borrowings decreased to CNY 781,234,920.62 from CNY 831,263,912.50, a decline of 6.00%[11] Cash Flow - Cash flow from operating activities generated a net amount of CNY 55,505,565.22, down from CNY 78,670,550.33 in the prior year, a decline of 29.4%[14] - Cash inflow from operating activities totaled CNY 1,605,177,464.37, an increase from CNY 1,539,057,401.24, representing a growth of 4.3%[14] - The cash outflow from investing activities was CNY 140,544,738.29, significantly lower than CNY 432,943,063.07 in the previous year, indicating a reduction of 67.6%[15] - The net cash flow from financing activities was negative at CNY -167,721,978.48, an improvement from CNY -430,489,847.85 in the same quarter last year[15] - The total cash and cash equivalents at the end of the period were CNY 194,463,860.62, down from CNY 394,365,510.84, a decrease of 50.7%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,212[6] - The largest shareholder, Yixing Pengyao Investment Co., Ltd., holds 28.52% of the shares, amounting to 216,702,150 shares[6] - The company reported a total of 11.67 million shares under the restricted stock incentive plan, down from 23.45 million shares at the beginning of the period, indicating a reduction of approximately 50.2%[8] Research and Development - The company has ongoing research and development efforts focused on new technologies and products, although specific details were not disclosed in the report[9] - Research and development expenses for Q3 2024 were CNY 20,814,734.81, an increase of 10.93% from CNY 18,759,874.41 in Q3 2023[12] Market Strategy - The company is exploring market expansion opportunities, particularly in the environmental protection sector, to enhance its competitive position[9] - The company is considering potential mergers and acquisitions to strengthen its market presence and diversify its product offerings[9] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable financing, rising by 388.06% to ¥20,413,262.60[5] - Inventory levels increased by 101.43% to ¥291,643,740.72, attributed to new finished products[5] - Accounts receivable increased to CNY 1.32 billion from CNY 1.31 billion, showing a slight growth of about 0.9%[9] - Inventory rose significantly to CNY 291.64 million from CNY 144.79 million, marking an increase of approximately 101.7%[9] Investment Income - The company experienced a 97.07% decline in investment income, totaling ¥3,475,338.88, due to the previous year's sale of a subsidiary[5] Return on Equity - The weighted average return on equity was 1.12%, down 0.48% from the previous year[2] Deferred Income Tax - Deferred income tax assets increased to CNY 220,007,666.42 from CNY 211,460,493.71, reflecting a growth of 4.00%[11] Asset Impairment - The company reported an asset impairment loss of CNY 654,578.14, compared to a loss of CNY 1,526,250.82 in the previous year[13]