BROADEX(SZ:300548)2024-10-29 12:41Revenue and Profit Performance - Revenue for Q3 2024 reached 481.32 million yuan, a 40.76% increase year-over-year[3] - Net profit attributable to shareholders surged 261.04% to 23.72 million yuan in Q3 2024[3] - Revenue for the first three quarters of 2024 was RMB 1.233 billion, a year-on-year decrease of 4.23%, with net profit attributable to the parent company of RMB 37.5 million, a year-on-year decrease of 73.37%[14] - Q3 2024 revenue was RMB 481 million, a year-on-year increase of 40.76% and a quarter-on-quarter increase of 9.58%[14] - Net profit attributable to the parent company in Q3 2024 was RMB 23.72 million, a year-on-year increase of 261.04% and a quarter-on-quarter increase of 72.58%[14] - Operating profit in Q3 2024 was RMB 62.01 million, a year-on-year increase of 653.61% and a quarter-on-quarter increase of 48.60%[14] - Gross margin in Q3 2024 was 27.51%, a year-on-year increase of 5.11% and a quarter-on-quarter increase of 2.86%[14][15] - Total operating revenue for the current period is 1,233,404,625.76 yuan, a decrease of 4.24% compared to the previous period's 1,287,932,665.81 yuan[18] - Net profit for the current period is 119,932,605.98 yuan, a decrease of 27.87% compared to the previous period's 166,277,652.73 yuan[19] - Basic earnings per share for the current period is 0.13 yuan, a decrease of 75.47% compared to the previous period's 0.53 yuan[19] Cash Flow and Financial Activities - Operating cash flow for the first three quarters of 2024 increased by 147.35% to 216.53 million yuan[3] - Net cash flow from operating activities for the current period is 216,526,971.83 yuan, an increase of 147.34% compared to the previous period's 87,539,692.28 yuan[20] - Net cash flow from investing activities for the current period is -911,700,734.98 yuan, a significant decrease compared to the previous period's -135,017,995.12 yuan[20] - Net cash flow from financing activities was RMB 489,355,007.56, an increase from RMB 426,047,653.62 in the previous period[21] - Cash received from investments was RMB 43,916,531.93, with subsidiaries receiving RMB 30,064,948.00 from minority shareholders[21] - Cash received from borrowings was RMB 496,695,507.62, significantly higher than the previous period's RMB 7,588,596.83[21] - Total cash inflows from financing activities amounted to RMB 540,612,039.55, compared to RMB 495,510,078.93 in the previous period[21] - Cash outflows for financing activities were RMB 51,257,031.99, a decrease from RMB 69,462,425.31 in the previous period[21] - The net increase in cash and cash equivalents was RMB -205,896,750.13, a significant decrease from RMB 384,339,875.49 in the previous period[21] - The ending balance of cash and cash equivalents was RMB 932,051,734.00, down from RMB 1,572,880,618.49 in the previous period[21] Asset and Liability Changes - Total assets grew by 5.53% to 3.39 billion yuan as of the end of Q3 2024[3] - Long-term loans increased by 7926.07% to 445.26 million yuan due to new bank borrowings[8] - Trade receivables financing increased by 58.06% to 4.16 million yuan due to higher bank notes[8] - Prepaid expenses rose by 141.78% to 12.49 million yuan, driven by increased advance payments for goods[8] - Other receivables surged by 1327.85% to 60.03 million yuan, mainly due to receivable equity transfer payments[8] - Total assets as of Q3 2024 were RMB 3.394 billion, an increase from RMB 3.216 billion at the beginning of the period[16][17] - Total liabilities as of Q3 2024 were RMB 1.113 billion, compared to RMB 1.083 billion at the beginning of the period[16][17] - Total equity attributable to the parent company as of Q3 2024 was RMB 1.681 billion, an increase from RMB 1.641 billion at the beginning of the period[17] Expenses and Income - Non-recurring gains from government subsidies amounted to 2.75 million yuan year-to-date[5] - Taxes and surcharges increased by 41.05% to 9,225,821.56 due to changes in tax rates during the reporting period[9] - Financial expenses decreased by 68.00% to -9,001,064.16, primarily due to changes in interest expenses and exchange gains/losses[9] - Interest expenses surged by 305.09% to 10,378,637.53 due to increased bank loan interest expenses[9] - Investment income dropped by 90.61% to 7,869,032.99 due to changes in income from affiliated enterprises[9] - Asset impairment losses increased by -325.17% to -12,622,252.89 due to changes in inventory write-down provisions[9] - Asset disposal income rose by 144.87% to 348,647.77 due to changes in fixed asset and right-of-use asset disposal income[10] - Non-operating income surged by 191,115.45% to 206,684.78 due to changes in non-recurring income[10] - Cash received from investment income increased by 545.38% to 76,210,951.77 due to dividends from affiliated enterprises[11] - Cash paid for investments rose by 98.26% to 1,367,987,241.00 due to changes in financial product investments[11] - Cash received from borrowings surged by 6,445.29% to 496,695,507.62 due to changes in bank loans obtained[11] - Operating costs for the current period are 936,768,730.21 yuan, a decrease of 9.99% compared to the previous period's 1,040,969,652.54 yuan[18] - R&D expenses for the current period are 85,550,056.05 yuan, a slight increase of 0.85% compared to the previous period's 84,828,203.55 yuan[18] - Sales revenue from goods and services for the current period is 1,161,551,993.58 yuan, an increase of 6.03% compared to the previous period's 1,095,517,010.30 yuan[20] - Investment income for the current period is 7,869,032.99 yuan, a significant decrease of 90.61% compared to the previous period's 83,843,787.13 yuan[18]