Precise(300442)2024-10-29 12:43Financial Performance - Revenue for the third quarter reached RMB 2.835 billion, a year-on-year increase of 184.03%[2] - Net profit attributable to shareholders of the listed company for the third quarter was RMB 547.21 million, up 30.92% year-on-year[2] - Revenue for the first nine months of 2024 was RMB 6.410 billion, a year-on-year increase of 139.11%[2] - Net profit attributable to shareholders for the first nine months was RMB 1.514 billion, up 35.13% year-on-year[2] - Total operating revenue for the quarter reached 6,410,351,527.92 yuan, a significant increase from 2,680,914,634.76 yuan in the same period last year[22] - Net profit attributable to the parent company's shareholders was 1,513,743,522.45 yuan, compared to 1,120,175,988.70 yuan in the previous year[23] - Basic earnings per share (EPS) rose to 0.88 yuan from 0.66 yuan, indicating improved profitability[24] - Total comprehensive income for the quarter was 1,521,576,890.64 yuan, up from 1,118,814,965.85 yuan in the previous year[24] Assets and Liabilities - Total assets as of the end of the third quarter were RMB 28.649 billion, an increase of 22.90% compared to the end of the previous year[2] - Total assets increased to RMB 28.65 billion, up from RMB 23.31 billion at the beginning of the period[21] - Monetary funds rose to RMB 2.96 billion, compared to RMB 1.81 billion at the beginning of the period[20] - Fixed assets grew to RMB 11.73 billion, up from RMB 9.37 billion at the beginning of the period[21] - Accounts receivable increased to RMB 1.52 billion, compared to RMB 1.06 billion at the beginning of the period[21] - Inventory rose to RMB 1.46 billion, up from RMB 769.65 million at the beginning of the period[21] - Short-term borrowings increased to RMB 200.19 million, compared to RMB 100.11 million at the beginning of the period[21] - Total liabilities increased to 18,914,159,134.97 yuan from 14,765,187,818.64 yuan, driven by higher long-term borrowings and bonds[22] - The company's total assets grew to 28,649,044,323.90 yuan, up from 23,310,849,208.60 yuan, driven by both asset expansion and increased liabilities[22] Cash Flow - Cash flow from operating activities for the first nine months was RMB 1.151 billion, a decrease of 36.92% year-on-year[2] - Sales of goods and services received cash of 6,570,647,576.69, a significant increase from the previous period's 2,672,446,519.13[25] - Total cash inflows from operating activities reached 6,870,945,001.86, up from 3,257,231,241.89 in the previous period[25] - Cash paid for goods and services increased to 5,095,179,553.97 from 1,026,114,217.62[26] - Net cash flow from operating activities was 1,151,431,283.62, compared to 1,825,469,040.05 in the previous period[26] - Cash received from investments was 600,000,000.00, down from 4,548,395,363.81[26] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was 4,213,027,058.38, up from 3,193,461,966.55[26] - Net cash flow from financing activities was 3,911,085,384.04, compared to 4,396,021,558.25 in the previous period[26] - The company's cash and cash equivalents at the end of the period were 2,683,270,100.73, up from 2,567,683,813.85[26] Expenses and Costs - R&D expenses for the first nine months increased by 69.07% to RMB 105.26 million[6] - Financial expenses for the first nine months surged by 124.57% to RMB 140.38 million[6] - Research and development expenses increased to 105,258,580.28 yuan from 62,256,538.52 yuan, reflecting a focus on innovation[23] - Interest expenses increased to 154,174,382.51 yuan from 90,792,685.97 yuan, reflecting higher borrowing costs[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 39,015[10] - The largest shareholder, Jingjinji Runze (Langfang) Digital Information Co., Ltd., holds 61.17% of the shares, amounting to 1,052,452,523 shares[10] - Xinjiang Darong Minsheng Investment Partnership holds 2.91% of the shares, with 50,031,000 shares, of which 34,940,000 are pledged[10] - Hefei Hongbo Runze Equity Investment Partnership holds 2.43% of the shares, totaling 41,778,545 shares[10] - Ping An Capital Co., Ltd. - Ningbo Fengwen Equity Investment Fund Partnership holds 2.15% of the shares, amounting to 37,052,534 shares[10] - Ping An Dingchuang Equity Investment Management (Shanghai) Co., Ltd. - Ningbo Meishan Bonded Port Area Pingsheng Ankang Equity Investment Fund Partnership holds 1.45% of the shares, totaling 25,010,460 shares[10] - Qilu (Xiamen) Equity Investment Partnership holds 1.38% of the shares, amounting to 23,751,499 shares[10] - Shanghai Weiguan Investment Partnership holds 1.24% of the shares, totaling 21,305,205 shares[10] - The controlling shareholder, Jingjinji Runze (Langfang) Digital Information Co., Ltd., has 1,052,452,523 restricted shares, which will be released on August 8, 2025[14] - Hefei Hongbo Runze Equity Investment Partnership had 46,323,079 restricted shares, which were released on August 8, 2024[14] Equity and Earnings - Minority shareholders' comprehensive income was 7,833,368.19 yuan, compared to a loss of 1,361,022.85 yuan in the previous year[24] - The company's equity attributable to the parent company's shareholders increased to 9,399,371,315.28 yuan from 8,521,793,541.32 yuan, reflecting retained earnings growth[22] Business Expansion and Financing - Inventory increased by 89.59% to RMB 1.459 billion due to the expansion of AIDC business and the purchase of high-performance servers[5] - Long-term loans increased by 47.56% to RMB 11.216 billion due to business expansion[5] - The company plans to issue debt financing instruments not exceeding RMB 4 billion in the interbank bond market[19] Restricted Shares and Adjustments - The company granted 904,000 Class I restricted shares and 3.616 million Class II restricted shares at a price of RMB 14.25 per share[17] - The company adjusted the grant price of restricted shares to RMB 13.85 per share due to the implementation of the 2024 semi-annual profit distribution plan[18] Audit Information - The third quarter report was not audited[27]