隆华新材(301149) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2024 reached ¥1,551,451,832.08, an increase of 2.29% year-over-year, while year-to-date revenue totaled ¥4,328,386,965.30, reflecting a 25.15% increase compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥46,231,320.50, a decrease of 51.57% year-over-year, with year-to-date net profit at ¥136,760,861.65, down 22.18% compared to the previous year[2] - Basic earnings per share for Q3 2024 was ¥0.1075, representing a decline of 51.55% year-over-year, while year-to-date basic earnings per share was ¥0.3180, down 22.19%[2] - Total operating revenue for Q3 2024 reached CNY 4,328,386,965.30, an increase of 25.2% compared to CNY 3,458,544,995.79 in the same period last year[11] - Net profit for Q3 2024 was CNY 136,760,861.65, a decrease of 22.2% from CNY 175,736,360.47 in Q3 2023[12] - Total comprehensive income for the third quarter was CNY 136,760,861.65, down from CNY 175,736,360.47 in the previous year, representing a decrease of approximately 22.2%[13] - Basic and diluted earnings per share decreased to CNY 0.3180 from CNY 0.4087, reflecting a decline of about 22.1%[13] Assets and Liabilities - Total assets as of the end of Q3 2024 amounted to ¥3,306,878,615.95, a 25.01% increase from the end of the previous year[2] - Total assets as of Q3 2024 amounted to CNY 3,306,878,615.95, up from CNY 2,645,297,294.08, representing a growth of 25.0%[11] - Total liabilities increased to CNY 1,391,781,570.07 in Q3 2024, compared to CNY 801,574,348.04 in Q3 2023, reflecting a rise of 73.6%[11] - The total equity attributable to shareholders at the end of Q3 2024 was ¥1,915,097,045.88, a 3.87% increase from the end of the previous year[2] - The company's equity attributable to shareholders reached CNY 1,915,097,045.88, up from CNY 1,843,722,946.04, showing an increase of 3.9%[11] Cash Flow - The cash flow from operating activities for the year-to-date was ¥63,623,103.87, reflecting a 6.90% increase compared to the same period last year[2] - Cash inflow from operating activities increased to CNY 4,971,981,787.06, compared to CNY 3,910,023,663.74 in the previous year, marking an increase of approximately 27.2%[14] - Cash outflow from operating activities totaled CNY 4,908,358,683.19, up from CNY 3,850,508,853.04, indicating an increase of about 27.5%[15] - Net cash flow from operating activities was CNY 63,623,103.87, slightly up from CNY 59,514,810.70, showing an increase of approximately 6.1%[15] - Net cash flow from investing activities was negative at CNY -500,930,628.80, worsening from CNY -262,495,353.34 in the previous year[15] - Cash inflow from financing activities increased to CNY 553,165,801.68, compared to CNY 340,367,273.02, representing an increase of about 62.5%[15] - Cash outflow from financing activities rose to CNY 198,247,141.31 from CNY 43,968,739.67, indicating a significant increase of approximately 350.5%[15] - The ending cash and cash equivalents balance decreased to CNY 360,105,278.51 from CNY 485,345,263.09, reflecting a decline of about 25.8%[15] Research and Development - The company reported a significant increase in research and development expenses, totaling ¥12,838,814.77 for the year-to-date, which is a 63.15% increase compared to the previous year[4] - Research and development expenses increased to CNY 12,838,814.77 in Q3 2024, compared to CNY 7,869,138.55 in Q3 2023, marking a growth of 63.0%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,264[6] - The largest shareholder, Han Zhigang, holds 33.99% of the shares, totaling 146,150,564 shares[6] - The number of restricted shares held by Han Zhigang at the end of the period is 145,311,964, with 2,515,800 shares released from restriction[8] - The company has no applicable information regarding the participation of major shareholders in margin trading[7] - There are no significant changes in the shareholder structure due to margin trading activities[7] Financial Management - The company experienced a 30.41% increase in operating costs, totaling ¥4,158,028,755.02 year-to-date, attributed to increased sales volume[4] - The company's cash management expenses increased, leading to a net cash outflow from investing activities of ¥500,930,628.80 for the year-to-date, which is a 90.83% increase compared to the previous year[4] - The company's cash and cash equivalents decreased to ¥364,617,687.78 from ¥442,027,665.72 at the beginning of the period, a decline of approximately 17.5%[9] - Trading financial assets increased to ¥517,954,083.28 from ¥327,841,200.97, representing a growth of about 58%[9] - Accounts receivable rose to ¥70,379,353.90 from ¥58,121,624.66, an increase of approximately 20.5%[9] - Prepayments increased to ¥80,158,155.54 from ¥62,768,772.39, reflecting a growth of around 27.8%[9] - The company reported a gross profit margin of approximately 4.5% for Q3 2024, down from 8.0% in Q3 2023[12] Future Outlook - The company plans to continue expanding its market presence and invest in new technologies to drive future growth[12] Audit Status - The third quarter report was not audited, indicating that the financial figures are subject to further verification[16]