Financial Performance - Net profit attributable to shareholders rose by 34.53% to CNY 31,372,584.13 for the first nine months of 2024, up from CNY 23,320,029.39 in the same period of 2023[4] - Total operating revenue for the first nine months of 2024 reached ¥370,764,000.71, an increase from ¥326,605,895.55 in the same period of 2023, representing a growth of approximately 13.5%[21] - Total operating costs for the same period were ¥337,876,471.11, up from ¥305,191,837.91, indicating an increase of about 10.7%[21] - Net profit for the first nine months of 2024 was ¥31,372,584.13, compared to ¥23,282,270.84 in 2023, reflecting a growth of approximately 34.8%[22] - Operating profit rose to CNY 15,698,876.44, compared to CNY 7,256,202.04 in the previous year, reflecting a 116.8% increase[23] - The total comprehensive income for the period was CNY 13,383,285.04, up from CNY 6,865,138.45, reflecting a 94.5% increase[24] Assets and Liabilities - Total assets increased by 7.61% to CNY 1,587,065,796.82 as of September 30, 2024, compared to CNY 1,474,779,197.13 at the end of 2023[4] - Total liabilities rose to ¥371,816,810.45 from ¥280,883,101.45, indicating an increase of about 32.38%[16] - Current assets totaled ¥534,562,784.82, an increase from ¥491,322,134.33, reflecting a growth of about 8.84%[14] - Non-current assets totaled ¥1,052,503,012.00, up from ¥983,457,062.80, representing a growth of about 7.03%[15] - Long-term investments increased to ¥531,793,662.86 from ¥411,793,662.86, a rise of approximately 29.05%[18] Cash Flow - The company’s cash flow from operating activities increased by 39.92% to CNY 46,768,101.36 for the first nine months of 2024, compared to CNY 33,424,403.45 in the same period of 2023[4] - Cash flow from financing activities decreased by 57.15% to CNY 92,176,007.48, as there was no equity financing during the reporting period[7] - Cash flow from investing activities resulted in a net outflow of CNY 114,130,303.89, an improvement from a net outflow of CNY 237,555,968.75 in the previous year[26] - Cash inflow from financing activities amounted to ¥45,842,293.73, a decrease from ¥226,860,437.73 in the same period last year, representing a decline of approximately 79.8%[29] Shareholder Information - The total number of unrestricted shares at the end of the reporting period was 247,029,680, representing 75.47% of total shares[9] - The largest shareholder, Yao Jiuzhi, holds 32,251,200 shares, accounting for 9.85% of total shares[10] - The total share capital at the end of the reporting period was 327,304,000 shares[9] - There were no significant changes in the shareholding structure of major shareholders[12] Research and Development - Research and development expenses decreased by 53.91% to CNY 3,103,636.00 due to a reduction in R&D projects during the reporting period[6] - Research and development expenses for the first nine months of 2024 were ¥3,103,636.00, down from ¥6,733,880.68 in the same period of 2023, a decrease of approximately 54%[21] Operational Highlights - Operating income for Q3 2024 was CNY 134,788,995.72, reflecting a 28.83% increase from CNY 104,622,572.82 in Q3 2023[5] - The gross profit margin for industrial products improved compared to the previous year, despite natural disasters affecting agricultural operations[7] - The company plans to expand its market presence through increased marketing efforts and the establishment of a dedicated marketing department[6] Other Information - The company has engaged in litigation and arbitration matters during the reporting period[13] - The company has implemented a share buyback plan, with relevant disclosures made in a timely manner[13] - The company has not provided external loans during the reporting period[13] - The company has conducted daily related party transactions, which were executed in accordance with prior disclosures[13] - The company has not faced any investigations or penalties during the reporting period[13]
田野股份(832023) - 2024 Q3 - 季度财报