长龄液压(605389) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥207,734,307.71, representing a year-on-year increase of 19.17%[2] - The net profit attributable to shareholders for the same period was ¥25,889,569.45, an increase of 18.68% compared to the previous year[2] - The diluted earnings per share for Q3 2024 was ¥0.18, reflecting a significant increase of 50.00% year-on-year[7] - In the first three quarters of 2024, the company achieved operating revenue of CNY 678.69 million, a year-on-year increase of 17.88%[11] - The net profit attributable to the parent company for the same period was CNY 91.65 million, reflecting a year-on-year growth of 19.12%[11] - The operating profit for the first three quarters of 2024 was ¥116,130,890.86, an increase of 28.5% compared to ¥90,370,168.34 in the same period of 2023[16] - The total operating revenue for the first three quarters of 2024 reached ¥678,689,370.54, an increase of 17.9% compared to ¥575,724,664.89 in the same period of 2023[16] - The net profit attributable to shareholders of the parent company for the first three quarters of 2024 was ¥91,652,383.76, up 19.2% from ¥76,942,423.61 in the previous year[17] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥2,347,074,702.11, showing a decrease of 7.01% from the end of the previous year[4] - The company's total liabilities decreased to ¥120,183,751.86 from ¥224,747,483.39, indicating a reduction of 46.6%[23] - The total assets as of September 30, 2024, were ¥2,160,116,796.85, a decline of 6.5% from ¥2,312,241,879.57 at the end of 2023[22] - Total assets decreased to CNY 2.35 billion from CNY 2.52 billion, a reduction of approximately 6.7%[13] - The company's inventory decreased to CNY 169.31 million from CNY 191.88 million, showing a decline of about 11.8%[12] - The company's accounts receivable increased to CNY 403.19 million, up from CNY 314.99 million, representing a growth of about 28.0%[12] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥69,036,280.31, which decreased by 43.04% compared to the same period last year[7] - The cash flow from operating activities for the first three quarters of 2024 was ¥528,816,470.74, a decrease from ¥541,003,060.90 in the same period of 2023[18] - The net cash flow from operating activities for Q3 2024 was ¥69,036,280.31, a decrease of 43% compared to ¥121,206,273.96 in Q3 2023[19] - The company's cash and cash equivalents decreased to CNY 520.36 million from CNY 798.76 million at the end of 2023, indicating a decline of approximately 34.8%[12] - Total cash and cash equivalents at the end of Q3 2024 amounted to ¥519,239,284.95, down from ¥884,289,974.12 at the end of Q3 2023, representing a decrease of 41%[20] - The company's cash inflow from investment activities totaled ¥213,287,483.23, compared to ¥162,939,529.80 in Q3 2023, marking an increase of 30.8%[19] - Cash flow from investing activities for the first three quarters of 2024 was negative at CNY -281,870,123.01, contrasting with a positive cash flow of CNY 116,163,244.31 in the same period of 2023[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,994[8] - The company reported a weighted average return on equity of 1.22% for the current period, an increase of 0.1 percentage points[4] Strategic Initiatives - The company is actively expanding its market presence and has recently acquired a controlling stake in Jiangyin Shangchi Machinery Equipment Co., Ltd., which has impacted cash flow due to increased employee compensation and acquisition-related expenses[7] - The company plans to continue expanding its customer base and enhancing its risk resistance capabilities through strategic acquisitions and product development[11] Research and Development - Research and development expenses increased to ¥27,715,907.82 in the first three quarters of 2024, up from ¥23,787,308.12 in the same period of 2023, reflecting a focus on innovation[16] - Research and development expenses for the first three quarters of 2024 were CNY 18,300,458.90, a decrease of 9.4% from CNY 20,197,880.09 in 2023[24]