宁波富达(600724) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥341,608,327.78, a decrease of 57.26% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2024 was ¥41,969,563.12, down 6.59% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥40,766,031.45, a decrease of 4.11% compared to the previous year[3]. - The basic earnings per share for Q3 2024 was ¥0.0290, reflecting a decline of 6.75% year-on-year[4]. - The company reported a total revenue of ¥995 million for the first three quarters of 2024, a year-on-year decline of 17.87%[4]. - The net profit attributable to shareholders for the first three quarters of 2024 was ¥150 million, down 12.75% year-on-year[4]. - The weighted average return on equity for Q3 2024 was 1.5175%, a decrease of 0.1072 percentage points compared to the previous year[4]. - Total operating revenue for Q3 2024 was CNY 1,242,392,251.19, a decrease from CNY 2,526,686,709.14 in Q3 2023, representing a decline of approximately 50.9%[22]. - Total operating costs for Q3 2024 were CNY 1,072,111,238.09, down from CNY 2,338,723,500.10 in Q3 2023, reflecting a decrease of about 54.0%[22]. - Net profit for Q3 2024 was CNY 149,189,653.51, compared to CNY 151,609,635.25 in Q3 2023, indicating a slight decline of 1.6%[23]. - The total profit for Q3 2024 was CNY 203,364,696.09, slightly down from CNY 207,305,968.33 in Q3 2023, a decrease of about 1.9%[23]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was ¥169,034,970.02, down 11.09% compared to the same period last year[3]. - The company's cash and cash equivalents at the end of the period are 728 million CNY, a decrease of 54.50% from 1.6 billion CNY at the beginning of the year[7]. - The net cash flow from operating activities for the current period is 169 million CNY, a decrease of 11.09% compared to 190 million CNY in the same period last year, mainly due to the fuel oil business transfer[8]. - As of September 30, 2024, the company's current assets totaled approximately CNY 1.19 billion, a decrease of 52.0% from CNY 2.48 billion on December 31, 2023[17]. - Cash and cash equivalents decreased to CNY 728.13 million from CNY 1.60 billion, representing a decline of 54.5%[17]. - Cash inflow from operating activities for the first nine months of 2024 was CNY 1,435,736,633.95, down from CNY 2,901,628,571.57 in the same period of 2023, a decline of approximately 50.6%[25]. - Cash paid for purchasing goods and services in the first nine months of 2024 was CNY 911,888,269.87, compared to CNY 2,320,920,477.75 in the same period of 2023, reflecting a decrease of about 60.7%[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,080,691,494.93, a decrease of 11.86% from the end of the previous year[4]. - Total assets decreased to CNY 4.08 billion from CNY 4.63 billion, a reduction of 11.8%[19]. - Total liabilities decreased to CNY 863.19 million from CNY 1.25 billion, a decline of 31.1%[20]. - The company's equity attributable to shareholders decreased to CNY 2.84 billion from CNY 2.89 billion, a decrease of 1.9%[19]. - The company reported a significant reduction in short-term borrowings, decreasing to CNY 257.21 million from CNY 517.25 million, a decline of 50.2%[18]. - The company’s long-term borrowings decreased to CNY 96.23 million from CNY 117.27 million, a reduction of 17.7%[20]. Investments and Projects - As of September 30, 2024, the investment in the cement grinding system relocation project has reached CNY 329.86 million, accounting for 93.44% of the total investment[14]. - The projected annual revenue from the relocated cement grinding system is CNY 881 million, with a total profit of CNY 20.99 million per year, resulting in an investment profit margin of 6.30%[14]. - The company has completed the construction of the 4500 tons/day clinker production line project and obtained necessary permits, with ongoing work on environmental assessments and power supply planning[15]. - The company acquired mining rights for a limestone quarry for CNY 21.33 million to ensure stable raw material supply and reduce production costs[15]. - The company is actively communicating with local authorities to expedite the mining operations for the newly acquired limestone quarry[15]. - The company will implement the new accounting standards starting January 1, 2024, with no impact on the beginning balances of the financial statements[29]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 25,620[9]. - The company’s major shareholder, Ningbo Chengjian Investment Group, holds 71.95% of the shares, indicating strong control over the company[12]. - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities[12].