Financial Performance - The company's operating revenue for Q3 2024 was ¥190,819,803.55, representing a 10.17% increase year-over-year, while the year-to-date revenue decreased by 17.39% to ¥444,769,137.92[2] - Net profit attributable to shareholders for Q3 2024 was ¥18,228,391.94, a decrease of 5.19% compared to the same period last year, and a significant decline of 50.50% year-to-date to ¥40,483,783.63[2] - The net profit after deducting non-recurring gains and losses for Q3 2024 was ¥15,676,636.42, down 1.18% year-over-year, with a year-to-date decrease of 55.13% to ¥32,695,659.68[2] - Total operating revenue for Q3 2024 was CNY 444,769,137.92, a decrease of 17.4% compared to CNY 538,399,652.83 in the same period last year[15] - Operating profit for Q3 2024 was CNY 39,601,203.74, a decline of 56.4% compared to CNY 90,717,606.62 in Q3 2023[15] - The total profit for Q3 2024 was approximately CNY 39.72 million, a decrease of 56.0% compared to CNY 90.31 million in Q3 2023[16] - Net profit attributable to shareholders of the parent company was CNY 40.48 million, down 50.5% from CNY 81.79 million in the same period last year[16] Assets and Liabilities - The company's total assets at the end of Q3 2024 were ¥2,316,581,760.51, reflecting a 1.91% increase from the end of the previous year[2] - Total assets increased to CNY 2,316,581,760.51, up from CNY 2,273,090,667.35 year-over-year[15] - Total liabilities rose to CNY 217,496,412.01, compared to CNY 200,187,008.10 in the previous year[15] - The total current assets decreased from CNY 1,700,431,073.97 to CNY 1,651,243,150.49, reflecting a decline of approximately 2.9%[13] Cash Flow - Cash flow from operating activities for the year-to-date period was negative at -¥44,639,108.74, but improved by 12.28% compared to the previous year[2] - Operating cash flow for the period was negative CNY 44.64 million, an improvement from negative CNY 50.89 million in Q3 2023[18] - Cash received from operating activities totaled CNY 414.95 million, a decrease of 15.9% compared to CNY 493.91 million in the previous year[18] - Cash flow from investment activities was negative CNY 121.42 million, worsening from negative CNY 89.06 million in Q3 2023[18] - Cash and cash equivalents at the end of the period were CNY 809.13 million, down from CNY 960.86 million at the end of Q3 2023[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,169[6] - The company repurchased 3,775,938 shares, accounting for 1.25% of the total shares outstanding[7] - The company reported a total of 137,421,155 shares with restrictions, with 16,980,503 shares released during the period[10] - The number of shares held by the top 10 unrestricted shareholders remained stable, with significant holdings from major stakeholders[9] - The company plans to unlock restricted shares for certain executives on the first trading day of each year, releasing 25% of their total holdings[10] Inventory and Accounts Payable - The company's inventory at the end of the period increased by 135% year-to-date to ¥64,474,400, primarily due to an increase in raw materials and semi-finished goods[5] - The company's accounts payable increased by 49% year-to-date to ¥39,075,100, mainly due to unpaid raw materials and equipment costs[5] - Inventory increased significantly from CNY 27,414,590.98 to CNY 64,474,414.66, marking an increase of about 135.5%[13] Research and Development - Research and development expenses for Q3 2024 were CNY 11,320,992.74, a decrease of 13.6% from CNY 13,106,839.09 in Q3 2023[15] Future Plans - The company is focusing on expanding its market presence and developing new technologies to enhance its competitive edge[11] - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[15] Miscellaneous - The company has a total of CNY 5,808,801.97 in long-term deferred expenses, up from CNY 2,964,486.00, indicating a significant increase[13] - The company experienced a net cash outflow from financing activities of CNY 13.82 million, an improvement from negative CNY 57.59 million in the previous year[19] - The company has not undergone an audit for the Q3 2024 report[20]
华新环保(301265) - 2024 Q3 - 季度财报