华达新材(605158) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,634,614,175.22, a decrease of 20.80% compared to the same period last year[2]. - The net profit attributable to shareholders of the listed company was -¥23,282,275.05, representing a decline of 131.35% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥27,377,807.19, down 143.84% from the previous year[2]. - The basic earnings per share for Q3 2024 was -¥0.05, a decrease of 133.33% compared to the same period last year[2]. - The net profit for the year-to-date decreased by 41.46% compared to the same period last year[2]. - Total operating revenue for the first three quarters of 2024 was CNY 5,035,934,491.36, a decrease of 8.8% compared to CNY 5,523,894,759.39 in the same period of 2023[12]. - Net profit for the first three quarters of 2024 was CNY 132,879,066.43, a decline of 41.4% compared to CNY 227,003,201.21 in the same period of 2023[13]. - Basic and diluted earnings per share for the first three quarters of 2024 were both CNY 0.26, down from CNY 0.44 in the same period of 2023[13]. - The company experienced a significant decline in market sales prices and high inventory costs, impacting profitability[6]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,892,273,867.38, an increase of 30.77% compared to the end of the previous year[3]. - Total current assets increased to CNY 6,762,037,805.09, up from CNY 5,274,803,276.61, representing a growth of approximately 28.2%[9]. - Total assets amounted to CNY 7,892,273,867.38, compared to CNY 6,035,429,779.61, indicating a growth of approximately 30.7%[10]. - Total liabilities increased to CNY 5,422,850,485.54 in Q3 2024, compared to CNY 3,596,601,464.20 in Q3 2023, reflecting a growth of 50.8%[11]. - The total liabilities increased to CNY 5,000,000,000, reflecting the company's expansion strategy[10]. - The total liabilities increased to CNY 4,379,739,880.07 in Q3 2024 from CNY 3,588,601,214.98 in Q3 2023, reflecting a growth of 22.08%[18]. - The company's total equity increased to CNY 2,503,129,475.86 in Q3 2024 from CNY 2,442,313,162.66 in Q3 2023, reflecting a growth of 2.49%[18]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥3,271,119,442.67, a decline of 1,309.28% year-on-year[2]. - The cash inflow from operating activities for the first three quarters of 2024 was CNY 6,062,407,966.31, a decrease of 14.6% compared to CNY 7,100,250,832.98 in the same period of 2023[14]. - The net cash flow from operating activities turned negative at CNY -3,271,119,442.67, contrasting with a positive cash flow of CNY 270,500,587.83 in the previous year[14]. - Cash inflow from investment activities increased significantly to CNY 3,295,619,149.24, up from CNY 499,623,220.00 in the prior year[15]. - The net cash flow from investment activities was CNY 1,138,479,612.01, a turnaround from a negative cash flow of CNY -456,673,910.06 in 2023[15]. - Cash inflow from financing activities rose to CNY 3,318,200,001.34, compared to CNY 390,225,700.00 in the same period last year[15]. - The net cash flow from financing activities was CNY 2,521,148,006.61, a significant increase from CNY 28,503,207.52 in 2023[15]. - The cash flow from operating activities showed a net outflow of CNY 1,475,848,600.69 in the first three quarters of 2024, compared to a net inflow of CNY 251,745,699.49 in the same period of 2023[21]. Expenses - Total operating costs for the first three quarters of 2024 were CNY 4,938,566,519.61, down 5.8% from CNY 5,242,685,288.40 in the previous year[12]. - Research and development expenses for the first three quarters of 2024 were CNY 160,877,681.08, a decrease of 10.3% from CNY 179,437,987.05 in the same period of 2023[12]. - The company reported a significant increase in interest expenses, which rose to CNY 22,253,714.88 in 2024 from CNY 7,291,025.80 in 2023[19]. - The company reported a decrease in sales expenses to CNY 10,521,492.19 in 2024 from CNY 12,127,577.87 in 2023, a reduction of 13.26%[19]. Shareholder Information - The company reported a total of 16,338 common shareholders at the end of the reporting period[7]. - The company has no significant changes in shareholder participation in margin trading and securities lending activities during the reporting period[9]. Other Information - The company will implement new accounting standards starting in 2024, which may affect the financial statements[23]. - The report was released on October 29, 2024, indicating the company's commitment to timely financial disclosures[23].