泰永长征(002927) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥249,648,566.70, a decrease of 10.91% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥16,725,081.03, down 45.18% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥15,402,154.69, a decline of 44.93% compared to the previous year[2]. - Total operating revenue for Q3 2024 was CNY 683,791,589.92, a decrease from CNY 810,318,285.89 in Q3 2023, representing a decline of approximately 15.6%[15]. - The net profit for Q3 2024 was CNY 56,993,263.17, a decrease of 35.5% compared to CNY 88,368,219.40 in Q3 2023[16]. - Operating profit for Q3 2024 was CNY 59,056,439.61, down 35.5% from CNY 91,525,605.18 in the same period last year[16]. - Total comprehensive income for Q3 2024 was CNY 56,993,263.17, compared to CNY 88,368,219.40 in the same quarter last year[17]. - The total profit for Q3 2024 was CNY 59,102,597.95, down from CNY 91,455,552.42 in the previous year[16]. Cash Flow and Investments - The operating cash flow for the year-to-date period increased significantly by 211.74% to ¥25,871,648.71[5]. - The net cash flow from operating activities for Q3 2024 was CNY 25,871,648.71, an increase from CNY 8,299,111.56 in Q3 2023, representing a significant improvement[19]. - The total cash outflow from investing activities was CNY 394,547,024.34, compared to CNY 173,056,686.81 in the same period last year, indicating a substantial increase in investment expenditures[19]. - The cash inflow from investment activities was CNY 303,587,945.43, compared to CNY 157,110,993.45 in Q3 2023, indicating a strong increase in cash inflows from investments[19]. - The net cash flow from financing activities was CNY 67,955,521.31, a recovery from a negative cash flow of CNY -25,159,257.34 in Q3 2023, showing improved financing conditions[19]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,797,568,085.05, reflecting a growth of 12.19% from the end of the previous year[2]. - Current assets increased to CNY 1,362,921,469.74 from CNY 1,194,041,138.99, showing a growth of about 14.1%[14]. - Total assets rose to CNY 1,797,568,085.05 from CNY 1,602,275,624.09, marking an increase of approximately 12.2%[14]. - Total liabilities increased to CNY 703,225,992.03 from CNY 518,596,122.64, representing a growth of about 35.5%[14]. - Short-term borrowings surged by 387.30% to ¥146,295,000.00, primarily due to an increase in discounted bills[5]. - Short-term borrowings surged to CNY 146,295,000.00 from CNY 30,021,322.22, reflecting an increase of about 387.5%[14]. Shareholder Information - The company plans to reduce its total shares by up to 4,463,800 shares, which is 2.00% of the total share capital, within three months from July 18, 2024[8]. - The controlling shareholder, Shenzhen Taiyong Technology Co., Ltd., holds 112,610,180 shares, accounting for 50.45% of the total share capital[10]. - The company’s total shareholding by the top ten shareholders accounts for 51.75% of the total share capital[10]. Research and Development - The company reported a surplus of ¥40.22 million from the R&D center construction project and ¥603.13 million from the power distribution equipment production line project, which will be used for daily operations[11]. - Research and development expenses were CNY 38,169,243.75, a decrease of 9.0% from CNY 42,016,171.34 in the previous year[16]. Other Financial Metrics - The company's basic earnings per share for Q3 2024 was ¥0.07, a decrease of 46.15% year-on-year[2]. - The weighted average return on equity was 1.49%, down 1.55% compared to the previous year[2]. - The company reported a significant increase in investment income, which rose by 156.57% to ¥8,989,276.98, attributed to higher interest income from financial products[5]. - Other income increased to CNY 12,150,219.21 from CNY 8,961,003.74 in Q3 2023[16]. - The company incurred financial expenses of CNY 698,817.30, compared to a financial income of CNY 291,518.43 in the same period last year[16]. - The report for Q3 2024 was not audited, which may affect the reliability of the financial data presented[20].