派克新材(605123) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥836,727,096.43, representing a year-on-year increase of 2.81%, while the year-to-date revenue was ¥2,481,737,531.76, showing a decrease of 11.20% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥81,800,706.58, a decline of 34.63% year-on-year, and the year-to-date net profit was ¥246,969,977.70, down 41.65% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was ¥0.68, reflecting a decrease of 34.63% year-on-year, while the diluted earnings per share also stood at ¥0.68, with a similar decline[3]. - The net profit for Q3 2024 was CNY 246,969,977.70, a decrease of 41.6% compared to CNY 423,272,508.69 in Q3 2023[18]. - Operating profit for Q3 2024 was CNY 270,972,071.46, down 43.8% from CNY 482,273,421.66 in the same period last year[18]. - The net profit for the first three quarters of 2024 was CNY 254,872,774.01, down 39.2% from CNY 419,707,699.61 in the first three quarters of 2023[28]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥401,255,048.55, showing a significant increase of 5,684.44% compared to the previous year[3]. - The net cash flow from operating activities for Q3 2024 was CNY 401,255,048.55, a significant improvement from a negative cash flow of CNY -7,185,239.81 in Q3 2023[21]. - Cash flow from operating activities for the first three quarters of 2024 was CNY 2.42 billion, an increase from CNY 2.07 billion in the same period of 2023, representing a growth of approximately 17.7%[30]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY 378.67 million, a significant recovery from a negative cash flow of CNY 31.81 million in the same period of 2023[30]. - The company experienced a net cash outflow from investing activities of CNY -671,999,207.02 in Q3 2024, compared to a net inflow of CNY 247,538,902.83 in Q3 2023[21]. - The net cash flow from investment activities for the first three quarters of 2024 was negative CNY 301.87 million, compared to a positive cash flow of CNY 266.77 million in the same period of 2023[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,022,499,774.53, an increase of 6.16% from the end of the previous year[3]. - The total liabilities amounted to CNY 2,639,180,064.62, up from CNY 2,323,485,782.93 in the previous year, indicating increased leverage[15]. - The total assets as of September 30, 2024, amounted to CNY 6,967,823,604.18, an increase from CNY 6,574,189,517.86 at the end of 2023[24]. - The total liabilities increased to CNY 2,575,848,609.82 from CNY 2,281,988,555.75 at the end of 2023, reflecting a rise of 12.9%[25]. Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 11,665[8]. - The largest shareholder, Zong Liping, holds 33.23% of the shares with 40,270,000 shares[8]. Income and Expenses - Total operating costs for the first three quarters of 2024 were CNY 2,189,480,597.59, down from CNY 2,314,315,987.11 in 2023, reflecting a cost reduction strategy[17]. - The company's tax expenses decreased by 58.77% to 23,673,098.26 CNY, mainly due to reduced profits[7]. - Financial expenses decreased by 147.18% to -16,686,228.64 CNY, primarily due to increased interest income[7]. - Interest income increased by 181.40% to 27,224,910.10 CNY, attributed to growth in interest earnings[7]. - Other income decreased by 61.38% to 18,184,580.16 CNY, mainly due to a reduction in government subsidies[7]. - Investment income decreased by 87.82% to 2,671,061.15 CNY, primarily due to reduced returns from financial products[7]. Research and Development - Research and development expenses increased to CNY 128,440,981.60 in the first three quarters of 2024, compared to CNY 124,512,809.44 in the same period of 2023, indicating a focus on innovation[17]. - Research and development expenses for the first three quarters of 2024 were CNY 124,027,839.48, slightly up from CNY 121,494,789.06 in the same period of 2023[26]. Inventory Management - Inventory levels rose to CNY 1,028,679,434.76, compared to CNY 913,378,148.35 in the previous year, suggesting potential challenges in inventory management[14]. - The inventory level increased to CNY 1,002,149,803.08 from CNY 900,819,178.65, representing an increase of 11.3%[23]. Comprehensive Income - The company reported a total comprehensive income of CNY 246,967,379.17 for Q3 2024, compared to CNY 423,331,983.17 in Q3 2023[19]. - The total comprehensive income for the third quarter of 2024 was approximately CNY 254.87 million, compared to CNY 419.71 million in the same period of 2023[29].