Financial Performance - Net profit attributable to shareholders for the first nine months of 2024 was -¥4,300,062.98, a decline of 115.32% compared to ¥28,076,187.66 in the same period of 2023[4] - Total revenue for the first nine months of 2024 was CNY 466,637,040.69, a decrease of 2.6% compared to CNY 476,881,238.11 in the same period of 2023[16] - The company’s gross profit margin declined due to increased unit processing costs and decreased product prices, leading to an operating loss of -¥9,062,985.81[5] - Basic and diluted earnings per share were both CNY -0.05, down from CNY 0.44 in the same period last year[19] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥900,302,292.26, reflecting a 0.96% increase from ¥891,717,262.44 at the end of 2023[4] - The company reported a total of 1,984 shareholders holding common stock at the end of the period[7] - The company’s total liabilities to assets ratio was 47.52% as of September 30, 2024, up from 42.03% at the end of 2023[4] - Total liabilities amounted to CNY 427,846,252.31, compared to CNY 374,761,015.01 in the previous year, reflecting an increase of 14.2%[15] - Current liabilities increased to CNY 415,128,928.17, up from CNY 340,566,564.86, representing a rise of 21.9%[14] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was ¥39,632,301.55, an increase of 138.84% compared to ¥16,593,839.54 in the same period of 2023[4] - Total cash inflow from operating activities was ¥453,153,275.54, down from ¥481,157,272.84, indicating a decrease of about 5.8% year-over-year[20] - Cash outflow from operating activities decreased to ¥413,520,973.99 from ¥464,563,433.30, a reduction of approximately 11.0%[20] - The ending cash and cash equivalents balance was ¥114,574,752.52, down from ¥190,399,188.59, indicating a decrease of approximately 39.7%[21] Investments and Financing - Investment activities generated a net cash outflow of ¥109,596,984.08, compared to a net outflow of ¥13,709,899.54 in the previous year, reflecting a significant increase in investment expenditures[21] - Cash inflow from financing activities totaled ¥130,000,000.00, a decrease from ¥221,006,672.00 in the same period last year, representing a decline of about 41.2%[21] - Net cash flow from financing activities was negative at -¥4,911,860.03, contrasting with a positive cash flow of ¥129,959,301.04 in the previous year[21] Share Capital - The total number of unrestricted shares increased from 16,266,868 to 20,333,534, representing a growth of 25.0002%[7] - The total number of restricted shares decreased from 65,066,466 to 60,999,800, reflecting a decline of 4,066,666 shares or 6.25%[7] - The total share capital remained unchanged at 81,333,334 shares[7] Other Financial Metrics - Non-operating income for the first nine months of 2024 totaled ¥6,977,474.21, with a net amount after tax of ¥5,930,853.08[6] - Research and development expenses were CNY 15,616,614.76, down from CNY 18,105,356.70, indicating a decrease of 13.7%[16] - The company reported a credit impairment loss of CNY -791,143.42, worsening from CNY -584,036.87 in the previous year[18] - Cash and cash equivalents decreased from 189,247,052.76 yuan to 165,787,606.69 yuan, a decline of approximately 12.5%[13] - Accounts receivable increased from 99,105,163.92 yuan to 110,013,068.99 yuan, an increase of about 11.5%[13] - Inventory slightly increased from 129,700,606.56 yuan to 130,213,367.20 yuan, showing a marginal growth[13] - Fixed assets decreased from 412,875,357.62 yuan to 386,982,380.14 yuan, a reduction of approximately 6.3%[13]
宏裕包材(837174) - 2024 Q3 - 季度财报