Financial Performance - The company's revenue for Q3 2024 was CNY 153,080,744.65, representing a year-over-year increase of 7.77%[3] - Net profit attributable to shareholders decreased by 11.04% to CNY 15,108,301.23 for the same period[3] - The net profit excluding non-recurring gains and losses increased by 2.42% to CNY 14,961,229.08, while the year-to-date figure rose by 41.41% to CNY 51,974,028.54[3] - Total operating revenue for Q3 2024 reached CNY 475,978,604.90, an increase of 11.5% compared to CNY 426,735,606.92 in Q3 2023[15] - Net profit for Q3 2024 was CNY 53,373,090.44, representing a 14.9% increase from CNY 46,668,526.72 in Q3 2023[16] - The total comprehensive income for the third quarter was CNY 53,314,801.36, an increase from CNY 47,000,789.37 in the previous year, representing a growth of approximately 13.5%[17] - Basic and diluted earnings per share increased to CNY 0.3682 from CNY 0.3179, reflecting a rise of about 15.8%[17] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,099,477,154.18, showing a decrease of 0.69% compared to the end of the previous year[3] - The total assets as of the end of Q3 2024 were CNY 1,099,477,154.18, slightly down from CNY 1,107,078,390.29 at the end of Q3 2023[14] - The company's total liabilities decreased to CNY 198,073,961.91 from CNY 191,028,140.97 year-over-year[14] - The total equity attributable to shareholders decreased by 1.60% to CNY 901,403,192.27 compared to the previous year[3] - The total equity attributable to shareholders was CNY 901,403,192.27, down from CNY 916,050,249.32 year-over-year[14] Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 68,064,241.66, reflecting a growth of 26.32%[3] - Cash inflow from operating activities totaled CNY 536,595,655.86, compared to CNY 483,787,910.33 in the same period last year, marking an increase of approximately 10.9%[18] - The net cash flow from operating activities was CNY 68,064,241.66, up from CNY 53,881,879.19, indicating a growth of around 26.3%[19] - Cash inflow from investment activities was CNY 569,336,409.63, down from CNY 931,444,677.31, a decrease of about 38.9%[19] - The net cash flow from investment activities was -CNY 28,272,759.76, compared to -CNY 25,506,049.70 in the previous year, showing a slight increase in outflow[19] - Cash inflow from financing activities was CNY 103,400,000.00, a decrease from CNY 111,216,002.04, representing a decline of approximately 7.3%[19] - The net cash flow from financing activities was -CNY 67,238,049.78, compared to a positive net flow of CNY 9,867,810.97 in the previous year[19] - The ending balance of cash and cash equivalents was CNY 108,847,929.30, down from CNY 173,912,554.63, indicating a decrease of about 37.4%[19] Expenses - Sales expenses increased by 36.16% to CNY 23,008,962.40, primarily due to rising shipping costs and expanded operational scale[8] - Research and development expenses increased to CNY 27,601,607.77, compared to CNY 22,043,278.20, marking a rise of 25.4%[15] - Cash paid for other operating activities increased by 36.82% to ¥41,632,081.81, primarily due to increased freight and R&D expenses from the subsidiary Dongli Germany[9] - Cash paid for the acquisition of fixed assets rose by 56.47% to ¥173,609,169.39, mainly due to significant project payments by the subsidiary Shandong Annuoda[9] - Cash distributed for dividends and interest payments increased by 82.39% to ¥45,350,477.19, reflecting a larger dividend payout this period[9] Investment and Income - The company's investment income decreased by 69.40% to CNY 1,189,614.94, due to reduced idle funds from ongoing projects[8] - Cash recovered from investments decreased by 37.56% to ¥567,000,000.00, attributed to reduced idle funds and decreased structured deposits[9] - Cash received from investment income dropped by 70.96% to ¥2,161,909.63, reflecting a decrease in financial income due to ongoing project implementations[9] - Cash paid for investments decreased by 49.88% to ¥424,000,000.00, linked to reduced idle funds and structured deposits[9] Other Information - The company's cash and cash equivalents decreased from ¥134,270,875.35 to ¥108,847,929.30, indicating a reduction in liquidity[12] - Total current assets decreased from ¥596,698,618.78 to ¥443,381,182.15, reflecting a decline in cash and receivables[12] - Fixed assets increased from ¥283,108,062.49 to ¥309,714,556.74, indicating ongoing investment in physical assets[12] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16] - The report for the third quarter was not audited[21]
东利机械(301298) - 2024 Q3 - 季度财报