华荣股份(603855) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥1,048,443,855.81, representing a year-on-year increase of 43.61%[2] - Net profit attributable to shareholders was ¥121,239,894.89, reflecting a growth of 14.07% compared to the same period last year[2] - The basic earnings per share (EPS) for the quarter was ¥0.37, an increase of 19.35% year-on-year[2] - Total revenue for the first three quarters of 2024 reached ¥2,449,921,815.29, an increase of 19.6% compared to ¥2,047,290,521.26 in the same period of 2023[13] - Net profit for the first three quarters of 2024 was ¥324,865,875.16, compared to ¥306,333,044.00 in the same period of 2023, representing an increase of 6.1%[15] - Revenue for Q3 2024 reached CNY 2,370,368,073.98, an increase of 21.9% compared to CNY 1,944,073,404.16 in Q3 2023[22] - Operating profit for Q3 2024 was CNY 365,143,729.89, up from CNY 310,055,718.71 in Q3 2023, reflecting a growth of 17.8%[22] - Net profit for Q3 2024 was CNY 338,032,682.06, compared to CNY 292,240,772.16 in Q3 2023, indicating an increase of 15.7%[22] Assets and Liabilities - Total assets at the end of the quarter amounted to ¥4,708,123,458.91, up 2.58% from the end of the previous year[3] - The company's total equity attributable to shareholders was ¥1,947,942,078.15, a slight increase of 0.43% from the previous year[3] - Total liabilities amounted to ¥2,717,541,804.52, compared to ¥2,608,590,025.81 in the previous year, indicating a rise of 4.2%[13] - Total assets as of Q3 2024 amounted to CNY 4,521,910,521.21, up from CNY 4,390,076,349.05 in the previous year[20] - Total liabilities increased to CNY 2,615,175,336.00 in Q3 2024 from CNY 2,508,881,433.81 in Q3 2023[20] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥278,666,318.52, showing a decline of 18.90% compared to the same period last year[2] - Cash inflows from operating activities for the first three quarters of 2024 amounted to CNY 2,672,373,351.60, compared to CNY 2,255,901,846.04 in the same period of 2023, marking an increase of about 18.4%[17] - Cash outflows from operating activities totaled CNY 2,393,707,033.08 in the first three quarters of 2024, up from CNY 1,912,299,797.56 in 2023, representing an increase of approximately 25.2%[17] - The net cash flow from operating activities for the first three quarters of 2024 was CNY 278,666,318.52, down from CNY 343,602,048.48 in the same period of 2023, a decrease of about 18.9%[17] - The ending cash and cash equivalents balance as of September 30, 2024, was CNY 726,247,782.36, compared to CNY 571,791,179.65 at the end of 2023, an increase of approximately 27.1%[18] Shareholder Information - The top shareholder, Hu Zhirong, holds 33.32% of the shares, with a total of 112,470,000 shares, indicating strong insider ownership[7] - The second-largest shareholder, Li Miaohua, owns 6.38% of the shares, totaling 21,533,000 shares, also reflecting significant insider investment[7] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities[10] Operational Insights - The increase in operating revenue was primarily driven by growth in the new energy-related business[6] - Operating costs for the quarter surged by 79.13%, attributed to the increase in revenue from the new energy sector[6] - The company received government subsidies amounting to ¥375,028.79 during the quarter, contributing to its financial performance[4] - There are no significant reminders or warnings regarding the company's operational status during the reporting period[10] Research and Development - Research and development expenses for the first three quarters were ¥114,690,480.27, slightly up from ¥113,816,579.19 in the previous year[15] - Research and development expenses for Q3 2024 were CNY 85,136,257.62, down from CNY 98,596,001.87 in Q3 2023, a decrease of 13.6%[22] Inventory and Receivables - Accounts receivable stood at CNY 1.66 billion, slightly down from CNY 1.70 billion, indicating a decrease of about 2.0%[11] - Inventory increased significantly to CNY 854.32 million from CNY 698.89 million, marking a rise of approximately 22.3%[11] - Inventory as of Q3 2024 was CNY 695,007,343.13, compared to CNY 570,430,753.73 in Q3 2023, representing a rise of 21.9%[20]