鼎胜新材(603876) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for the third quarter reached CNY 6,132,019,192.71, an increase of 22.17% compared to the same period last year[2] - Net profit attributable to shareholders decreased by 65.23% to CNY 40,930,828.09 for the third quarter[2] - Net profit excluding non-recurring gains and losses dropped by 76.51% to CNY 26,334,766.61 in the third quarter[2] - Basic earnings per share for the third quarter were CNY 0.02, down 85.03% year-on-year[3] - The company reported a decrease in gross profit, which significantly impacted net profit figures[6] - The decline in net profit was primarily attributed to increased cash payments for goods and services during the reporting period[7] - The total revenue for the first three quarters of 2024 reached ¥17,615,832,075.22, an increase of 24.8% compared to ¥14,237,680,471.02 in the same period of 2023[14] - The net profit attributable to shareholders of the parent company for Q3 2024 was ¥224,537,919.35, down 52.0% from ¥468,124,549.02 in Q3 2023[15] - The company's operating profit for Q3 2024 was ¥254,232,718.91, a decrease of 55.1% from ¥566,258,923.04 in Q3 2023[15] - The total comprehensive income attributable to shareholders of the parent company for Q3 2024 was ¥219,371,802.62, down from ¥451,663,700.32 in Q3 2023[16] - The basic earnings per share for Q3 2024 was ¥0.23, compared to ¥0.53 in Q3 2023, indicating a decline of 56.6%[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 25,355,840,754.16, an increase of 25.28% from the end of the previous year[3] - The company's total current assets as of September 30, 2024, amount to 17,043,422,124.39 RMB, an increase from 12,123,484,910.00 RMB at the end of 2023[10] - The total assets of the company reached 25,355,840,754.16 RMB, compared to 20,239,346,472.95 RMB at the end of 2023[11] - The company’s fixed assets increased to 6,496,728,540.58 RMB from 5,889,490,113.82 RMB[11] - The total liabilities increased to ¥18,786,595,703.50 in Q3 2024, compared to ¥13,680,987,649.93 in Q3 2023, reflecting a growth of 37.5%[13] - The total liabilities include accounts payable of 1,642,541,457.75 RMB, which increased from 1,437,642,240.86 RMB[11] Cash Flow - Operating cash flow for the year-to-date period decreased by 65.73% to CNY 286,466,625.92[3] - The net cash flow from operating activities for the first three quarters of 2024 was CNY 286,466,625.92, a decrease of 65.7% compared to CNY 835,842,132.82 in the same period of 2023[19] - Total cash inflow from operating activities increased to CNY 20,592,385,059.13, up 21.8% from CNY 16,922,608,016.76 in the previous year[17] - Cash outflow from operating activities rose to CNY 20,305,918,433.20, compared to CNY 16,086,765,883.94 in the same period last year, marking an increase of 26.5%[19] - The net cash flow from investing activities was CNY -550,043,375.82, an improvement from CNY -705,698,510.61 in the previous year[19] - Cash inflow from financing activities totaled CNY 6,723,076,189.36, a slight increase from CNY 6,619,149,687.85 in the same period of 2023[20] - The net cash flow from financing activities was CNY 385,468,370.19, compared to a negative CNY 68,426,686.52 in the previous year, indicating a positive turnaround[20] - The ending balance of cash and cash equivalents increased to CNY 1,048,893,304.50, up from CNY 876,753,794.12 at the end of the same period last year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,744[8] - The largest shareholder, Hangzhou Dingsheng Industrial Group Co., Ltd., holds 249,667,740 shares, accounting for 28.11% of the total shares[8] Other Financial Metrics - The weighted average return on equity for the third quarter was 0.60%, a decrease of 68.39% compared to the same period last year[3] - Non-recurring gains included government subsidies amounting to CNY 14,229,248.61 for the third quarter[4] - Accounts receivable increased to 3,323,684,837.74 RMB from 2,217,290,236.90 RMB year-over-year[10] - Inventory as of September 30, 2024, is reported at 4,287,527,547.29 RMB, up from 3,864,603,794.49 RMB[11] - The company reported a significant increase in commission income to ¥17,245,410,556.16 in the first three quarters of 2024, up from ¥13,616,307,582.23 in the same period of 2023, marking a growth of 26.5%[14] - The company's long-term borrowings increased to ¥1,177,235,491.09 in Q3 2024 from ¥1,037,530,120.45 in Q3 2023, representing a growth of 13.5%[12] - The company received CNY 10,017,368.83 in cash from investment income, which is an increase from CNY 8,930,468.85 in the previous year[19] - Cash outflow for purchasing fixed assets and intangible assets was CNY 430,018,938.38, compared to CNY 341,807,026.86 in the same period last year, reflecting a 25.9% increase[19] - The company reported a total cash inflow from other operating activities of CNY 8,266,720,461.76, significantly higher than CNY 5,687,119,643.47 in the previous year, representing a growth of 45.5%[17]