SMARTGEN(SZ:301361)2024-10-23 10:55Financial Performance - The company's operating revenue for Q3 2024 was ¥61,940,354.99, representing a 10.62% increase compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥21,397,993.79, a 14.00% increase year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥17,063,753.55, up 10.23% from the previous year[2]. - Total operating revenue for Q3 2024 was CNY 158,564,730.52, a decrease of 1.03% from CNY 160,396,797.71 in Q3 2023[12]. - Net profit for Q3 2024 was CNY 51,558,445.54, compared to CNY 54,027,188.98 in Q3 2023, reflecting a decline of 4.3%[13]. - Basic and diluted earnings per share for Q3 2024 were both CNY 0.4432, down from CNY 0.4644 in the same period last year[14]. Assets and Liabilities - Total assets at the end of Q3 2024 reached ¥1,171,993,919.37, reflecting a 3.79% increase from the end of the previous year[2]. - Shareholders' equity attributable to the parent company was ¥1,126,271,848.19, a 4.01% increase compared to the end of last year[2]. - The total liabilities include accounts payable of ¥18,206,961.84, which increased from ¥12,782,057.56, marking a rise of approximately 42.4%[11]. - The company's total liabilities decreased to CNY 45,722,071.18 from CNY 46,305,849.09 year-over-year[12]. - The total non-current assets amounted to ¥400,556,610.04, up from ¥261,936,195.51, indicating a significant increase of approximately 52.9%[11]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥30,319,350.60, showing a 30.31% increase year-on-year[2]. - The net cash flow from operating activities for Q3 2024 was ¥30,319,350.60, an increase of 30.5% compared to ¥23,266,766.88 in Q3 2023[16]. - Cash flow from financing activities showed a net outflow of ¥8,143,520.00, compared to a net outflow of ¥5,816,800.00 in Q3 2023, indicating a worsening of 39.8%[16]. - The company's cash flow from operating activities totaled ¥129,623,243.05, a slight decrease from ¥135,960,225.30 in Q3 2023, reflecting a decline of 4.9%[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,883, with the largest shareholder, Cui Wenfeng, holding 32.16% of shares, equating to 37,418,000 shares[8]. - The company has a significant shareholder structure with major shareholders being related individuals, indicating potential influence on corporate governance[9]. - The company is actively involved in financing activities, with major shareholders participating in margin trading, which may impact liquidity and stock performance[9]. Expenses and Subsidies - The company received government subsidies amounting to ¥2,130,000.00 in Q3 2024, contributing to its non-recurring gains[3]. - Research and development expenses for Q3 2024 were CNY 17,288,309.94, an increase from CNY 14,408,214.55 in Q3 2023[13]. - The company reported a decrease in tax expenses to CNY 6,775,743.20 from CNY 7,292,981.39 in the previous year[13]. Other Financial Metrics - Cash received from investment activities increased by 42.36% to ¥1,572,543,058.23, attributed to cash management of idle funds[7]. - The company's cash and cash equivalents increased to ¥187,952,414.06 from ¥158,206,997.69, reflecting a growth of approximately 18.1%[10]. - Accounts receivable rose to ¥40,548,076.65 from ¥31,495,752.27, indicating an increase of about 28.8%[11]. - The company's inventory increased to ¥34,590,920.10 from ¥29,517,204.24, showing a rise of about 17.2%[11]. - The company reported a significant increase in prepaid expenses by 135.43% due to increased payments to suppliers[5]. - Other current assets decreased by 42.55% due to the redemption of income certificates[5].