迎丰股份(605055) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2024 was CNY 382,988,246.79, a decrease of 2.96% year-over-year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 1,128,244.17, down 93.15% compared to the same period last year[2] - Net profit excluding non-recurring gains and losses for Q3 2024 was CNY 957,420.79, a decrease of 88.38% year-over-year[2] - Basic earnings per share for Q3 2024 was CNY 0.01, a decrease of 75.00% compared to the same period last year[3] - Year-to-date net profit attributable to shareholders increased by 10.95% due to sales growth and reduced energy costs[8] - Year-to-date net profit excluding non-recurring gains and losses increased by 215.72% due to sales growth and reduced energy costs[8] - Total operating revenue for the first three quarters of 2024 reached CNY 1,136,367,102.64, an increase from CNY 1,105,307,161.14 in the same period of 2023, reflecting a growth of approximately 2.4%[16] - Net profit for the first three quarters of 2024 was CNY 30,937,184.16, down from CNY 47,052,432.57 in the previous year, indicating a decline of about 34.4%[26] Assets and Liabilities - Total assets as of the end of Q3 2024 were CNY 2,498,905,927.44, an increase of 14.20% from the end of the previous year[3] - The total liabilities as of the end of the third quarter of 2024 amounted to CNY 1,348,102,107.17, up from CNY 1,036,129,772.41 in the previous year, representing a growth of approximately 30.1%[16] - The company's total assets reached CNY 2,498,905,927.44, compared to CNY 2,188,155,485.85 in the same period last year, marking an increase of about 14.2%[16] - The total liabilities of the company reached CNY 1,349,007,891.86 as of September 30, 2024, compared to CNY 1,033,236,324.40 at the end of 2023, reflecting a rise in financial obligations[23] - Current liabilities totaled CNY 1,234,872,315.42 as of September 30, 2024, compared to CNY 887,239,773.83 at the end of 2023, indicating a significant increase in short-term obligations[23] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 206,741,787.88, an increase of 7.56% compared to the same period last year[2] - In the first three quarters of 2024, the net cash flow from operating activities was CNY 206,741,787.88, an increase of 7.9% compared to CNY 192,211,789.26 in the same period of 2023[19] - Total operating cash inflow for the first three quarters of 2024 was CNY 1,239,002,924.24, while cash outflow was CNY 1,032,261,136.36, resulting in a net cash inflow of CNY 206,741,787.88[19] - The cash flow from investment activities showed a net outflow of CNY 213,695,904.38 in the first three quarters of 2024, compared to a net outflow of CNY 193,851,772.18 in the same period of 2023[21] - Cash flow from financing activities resulted in a net inflow of CNY 108,627,978.15 in the first three quarters of 2024, contrasting with a net outflow of CNY 170,128,289.11 in the same period of 2023[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,085, with the largest shareholder, Zhejiang Zheyu Holding Group Co., Ltd., holding 218,273,684 shares, accounting for 49.61% of the total[9] - The total equity attributable to shareholders of the parent company was CNY 1,148,097,245.78, compared to CNY 1,145,876,487.33 in the previous year, showing a marginal increase[16] Expenses - Research and development expenses for the first three quarters of 2024 were CNY 48,350,445.03, slightly down from CNY 48,823,082.05 in the same period of 2023[16] - The company reported a decrease in management expenses to CNY 55,394,936.94 from CNY 66,433,030.39 in the previous year, indicating a reduction of approximately 16.5%[16] - The company reported a decrease in financial expenses, which totaled CNY 15,568,196.53 in 2024 compared to CNY 16,745,775.93 in 2023, a reduction of approximately 7.0%[25] Inventory and Current Assets - As of September 30, 2024, the company's total current assets amount to 494,176,317.87 RMB, an increase from 361,043,894.59 RMB at the end of 2023, representing a growth of approximately 37%[12] - The company's inventory increased to CNY 83,523,577.50 as of September 30, 2024, compared to CNY 69,524,943.24 at the end of 2023[22] - The company has reported a significant increase in inventory, which stands at 83,523,577.50 RMB, up from 69,524,943.24 RMB, representing a growth of about 20%[12] Future Outlook - The company plans to continue investing in new product development and market expansion strategies to enhance future growth prospects[29]