兆龙互连(300913) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥489,905,293.29, representing an increase of 18.87% compared to the same period last year[3] - Net profit attributable to shareholders was ¥30,231,798.63, up 35.89% year-on-year, while the net profit excluding non-recurring items was ¥27,297,421.40, reflecting a 57.32% increase[3] - Total operating revenue for the third quarter reached ¥1,340,109,482.20, an increase of 17.14% compared to ¥1,144,335,311.22 in the same period last year[18] - The company reported a net profit attributable to shareholders of ¥500,298,323.14, compared to ¥441,427,925.20 in the previous year, reflecting a growth of 13.36%[17] - The net profit for Q3 2024 was CNY 89,850,743.70, an increase of 28.3% compared to CNY 70,166,413.03 in Q3 2023[19] - Operating profit for Q3 2024 reached CNY 81,104,673.96, up from CNY 76,490,177.08 in the same period last year, reflecting a growth of 6.7%[19] - The company reported a total comprehensive income of CNY 94,388,459.41 for Q3 2024, compared to CNY 70,166,413.03 in Q3 2023, indicating a growth of 34.5%[20] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.35, up from CNY 0.27 in Q3 2023, reflecting a 29.6% increase[20] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥1,380,867,900.48, marking a 9.91% increase from the end of the previous year[3] - The company's total liabilities decreased by 34.16% in tax payable, amounting to ¥6,063,586.67, due to tax payments made for the previous year[6] - Non-current assets totaled ¥506,392,540.67, an increase from ¥454,877,980.27 in the previous year[16] - Total assets reached ¥1,380,867,900.48, compared to ¥1,256,384,407.51 in the same period last year, marking a growth of 9.88%[17] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥66,736,291.66, showing an increase of 84.59% compared to the same period last year[8] - The net cash flow from operating activities was CNY 66,736,291.66, significantly higher than CNY 36,154,507.27 in the previous year, representing an increase of 84.6%[22] - Investment activities resulted in a net cash outflow of CNY 79,568,896.59, compared to a smaller outflow of CNY 15,164,915.69 in the previous year[22] - The company received CNY 36,000,000.00 from investment recoveries, up from CNY 30,000,000.00 in the previous year, indicating a growth of 20%[22] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 37.57% to ¥276,969,407.09, attributed to increased customer orders[6] - Accounts receivable increased to ¥347,732,947.74 from ¥293,144,279.08, representing a rise of 18.63%[15] - Inventory levels rose to ¥276,969,407.09, up 37.5% from ¥201,326,588.91 year-on-year[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,860[9] - Zhejiang Zhaolong Holdings Co., Ltd. holds 44.50% of the shares, amounting to 115,500,000 shares[9] - The actual controller, Yao Jinlong, holds 14.56% of the shares, totaling 37,800,000 shares[9] - Yao Jinlong indirectly holds a total of 69,300,000 shares through Zhaolong Holdings, representing 41.65% of the total share capital[11] - The total number of restricted shares held by Yao Jinlong is 28,350,000, which remains locked due to executive restrictions[12] Global Expansion and Operations - The company has established a factory in Thailand, which has commenced production and received ISO9001 certification[13] - The Thai subsidiary has obtained ETL, UL, and CPR certifications for its products, meeting international customer demands[13] - The company has received small batch orders in European and North American markets[13] - The company is actively training and guiding teams in Thailand to enhance production processes and customer engagement[13] - The company is continuously promoting its global expansion strategy[13] Stock Incentive Plan - The company has adjusted the grant price of its 2022 restricted stock incentive plan from ¥5.38 to ¥5.26 per share[14] - A total of 139,218.8 thousand shares of restricted stock have been granted and are now tradable as of July 30, 2024[14] Miscellaneous - The company has reported receiving ¥18.05 million in compensation related to an ongoing investigation into employee misconduct[14] - The net cash flow from investing activities was negative at ¥79,568,896.59, a 424.69% increase in outflows due to investments in long-term assets[8]