鼎龙科技(603004) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥165,226,394.85, representing a year-on-year increase of 10.76%[2] - The net profit attributable to shareholders for the same period was ¥36,366,228.72, reflecting an increase of 8.01% year-on-year[2] - The net profit after deducting non-recurring gains and losses decreased by 9.21% to ¥102,552,065.49[2] - Total operating revenue for the first three quarters of 2024 was CNY 485,127,673.37, a decrease of 7.7% compared to CNY 525,546,111.68 in the same period of 2023[14] - Net profit for the third quarter of 2024 was CNY 108,856,545.43, a decrease of 9.8% compared to CNY 120,612,498.89 in the same quarter of 2023[15] - The company reported a profit before tax of CNY 126,380,773.73 for Q3 2024, compared to CNY 148,708,276.50 in Q3 2023, a decrease of 15.0%[15] Earnings and Shareholder Information - Basic earnings per share for the year-to-date period decreased by 33.33% to ¥0.15 due to an increase in the number of shares following the IPO in December 2023[7] - Basic earnings per share for Q3 2024 were CNY 0.46, down from CNY 0.69 in Q3 2023, a decline of 33.3%[16] - The total number of ordinary shareholders at the end of the reporting period is 24,444, with the largest shareholder, Zhejiang Dinglong New Materials Co., Ltd., holding 166,640,000 shares, accounting for 70.75% of the total shares[8] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,117,873,128.67, a decrease of 0.55% compared to the end of the previous year[4] - Current assets total 1,340,033,592.31 RMB, down from 1,600,791,579.14 RMB at the end of 2023, indicating a decrease of approximately 16.2%[11] - The company's cash and cash equivalents are reported at 590,778,254.20 RMB, compared to 1,195,047,340.92 RMB at the end of 2023, reflecting a decline of about 50.7%[10] - The total liabilities decreased to CNY 178,537,905.21 in Q3 2024 from CNY 219,516,312.68 in Q3 2023, indicating a reduction of 18.6%[15] - The total liabilities include short-term borrowings of 1,000,000.00 RMB, down from 7,005,194.44 RMB, indicating a significant reduction of approximately 85.7%[11] Cash Flow and Investments - The cash flow generated from operating activities was ¥157,680,414.62, showing a year-to-date increase of 15.76%[2] - The cash flow from operating activities for the first three quarters of 2024 was not detailed, but the company emphasized the importance of maintaining positive cash flow for future investments[16] - The total cash inflow from investment activities in the first three quarters of 2024 was RMB 1,642,378,566.39, significantly higher than RMB 1,887,367.08 in the same period of 2023[18] - The net cash flow from investment activities was negative at RMB -608,707,784.56, compared to RMB -83,003,065.10 in the previous year, indicating a decline in investment returns[18] - The cash outflow from financing activities totaled RMB 151,685,145.42, compared to RMB 33,198,671.82 in the same period of 2023, showing an increase in financing costs[19] Expenses and Cost Management - Total operating costs for the first three quarters of 2024 were CNY 362,497,614.71, down from CNY 373,655,455.71 in 2023, reflecting a reduction of 3.4%[14] - Research and development expenses increased to CNY 31,329,631.89 in the first three quarters of 2024, up from CNY 25,018,747.63 in 2023, representing a growth of 25.3%[14] - Payments for purchasing goods and services amounted to RMB 268,755,882.13, a decrease from RMB 307,982,050.89 in the previous year, indicating cost control measures[18] - Payments to employees increased to RMB 81,979,508.17 from RMB 79,662,230.10, reflecting a slight rise in labor costs[18] - The company reported a tax payment of RMB 28,777,107.97, down from RMB 45,267,072.08, suggesting improved tax efficiency[18] Future Outlook - The company plans to continue investing in new product development and market expansion strategies to drive future growth[16]