Financial Performance - Operating revenue for the first nine months of 2024 was ¥449,946,151.71, a decrease of 13.30% from ¥518,950,115.18 in the same period of 2023[4] - Net profit attributable to shareholders for the first nine months of 2024 was ¥1,411,878.87, down 94.84% from ¥27,358,500.04 in the previous year[4] - In Q3 2024, operating revenue was ¥127,280,230.78, a decline of 29.55% from ¥180,655,632.81 in Q3 2023[5] - The net profit attributable to shareholders in Q3 2024 was -¥6,687,444.03, a decrease of 308.96% compared to ¥3,200,309.96 in Q3 2023[5] - Total operating revenue for the first nine months of 2024 was CNY 449,946,151.71, a decrease from CNY 518,950,115.18 in the same period of 2023, representing a decline of approximately 13.3%[29] - Net profit for the first nine months of 2024 was CNY 2,422,063.16, significantly lower than CNY 27,944,585.57 in the same period of 2023, reflecting a decline of approximately 91.3%[30] - The company reported a total comprehensive income of ¥650,225.51 for the first nine months of 2024, down from ¥11,065,434.84 in the same period of 2023[32] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was -¥22,083,705.39, an improvement of 43.65% compared to -¥39,188,887.87 in the same period of 2023[4] - Cash flow from investing activities for the first nine months of 2024 was -¥85,841,346.78, compared to -¥112,596,004.52 in the same period of 2023[35] - The cash flow from financing activities for the first nine months of 2024 was ¥113,878,885.38, a decrease from ¥126,029,419.46 in the same period of 2023[35] - Net cash flow from operating activities was ¥30,915,512.63, significantly up from ¥17,323,077.20 year-over-year[37] - Cash inflow from financing activities amounted to ¥260,000,000.00, down from ¥283,658,566.02 in the previous year[37] - The ending cash and cash equivalents balance increased to ¥15,370,199.56, compared to ¥5,445,152.40 at the end of the same period last year[37] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥1,389,444,525.20, representing a 2.68% increase compared to ¥1,353,213,528.08 at the end of 2023[4] - The company’s debt-to-asset ratio was 59.54% on a consolidated basis, up from 58.21% at the end of 2023[4] - Long-term borrowings increased by 76.05% to ¥65,533,657.44, attributed to financing for new base construction[6] - Total liabilities as of September 30, 2024, were CNY 827,281,062.64, compared to CNY 743,703,093.91 as of December 31, 2023, marking an increase of approximately 11.3%[23] - The company's total equity decreased slightly to CNY 562,163,462.56 from CNY 565,506,818.75, reflecting a decline of about 0.6%[23] Shareholder Information - The total number of unrestricted shares increased from 19,964,400 to 33,183,223, representing a rise from 30.73% to 51.07% of total shares[10] - The number of shareholders holding more than 5% of shares increased to 3,222, with total shares held by the top ten shareholders at 45,404,400, accounting for 69.89%[11] Research and Development - Research and development expenses for the year-to-date were ¥25,817,926.18, down 31.22% due to new projects being in the research phase[7] - Research and development expenses for the first nine months of 2024 were ¥14,814,336.36, a decrease of 40.0% compared to ¥24,823,951.45 in the same period of 2023[31] Other Financial Metrics - Non-recurring profit and loss net amount reached ¥5,549,900.50, with total non-recurring profit and loss at ¥6,411,725.66[9] - The company received government subsidies amounting to ¥6,274,102.32, which are closely related to its business[9] - The company reported a tax impact of ¥861,825.16 on its non-recurring profit and loss[9] - The company incurred financial expenses of ¥2,968,197.04 in the first nine months of 2024, which included interest expenses of ¥4,400,348.89, up from ¥3,800,711.56 in the same period of 2023[31]
舜宇精工(831906) - 2024 Q3 - 季度财报