科思股份(300856) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥452,928,368.45, representing a decrease of 22.46% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥92,683,284.07, down 50.09% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥78,438,160.11, a decline of 56.99% compared to the previous year[3]. - Basic earnings per share decreased by 50.18% to ¥0.2732, while diluted earnings per share fell by 47.11% to ¥0.2666[3]. - Total operating revenue for Q3 2024 reached ¥1,857,623,486.27, an increase of 4.9% compared to ¥1,774,371,261.48 in Q3 2023[18]. - Net profit for Q3 2024 was ¥513,744,400.58, a decrease of 4.2% from ¥536,222,731.96 in Q3 2023[19]. - Total comprehensive income for the period was CNY 520,675,721.62, a decrease from CNY 541,323,202.81 in the previous period, representing a decline of approximately 3.0%[20]. - Basic earnings per share decreased to CNY 1.5173 from CNY 1.5835, reflecting a decline of about 4.5%[20]. Assets and Liabilities - The company's total assets increased by 3.13% to ¥4,012,010,557.05 compared to the end of the previous year[3]. - Total assets as of Q3 2024 were ¥4,012,010,557.05, up from ¥3,890,408,276.66 at the end of Q3 2023, representing a growth of 3.1%[17]. - Total liabilities decreased to ¥1,191,513,639.75 in Q3 2024 from ¥1,263,457,776.02 in Q3 2023, a reduction of 5.7%[16]. - The company's equity attributable to shareholders increased to ¥2,709,801,668.92 in Q3 2024, compared to ¥2,626,950,500.64 in Q3 2023, reflecting a growth of 3.1%[17]. Cash Flow - The company reported a net cash flow from operating activities of ¥769,119,067.08, an increase of 25.10% year-on-year[3]. - Cash inflow from operating activities totaled CNY 2,298,861,931.62, compared to CNY 1,882,756,372.73 in the previous period, an increase of about 22.1%[22]. - Cash outflow from operating activities was CNY 1,529,742,864.54, up from CNY 1,267,964,670.80, indicating an increase of approximately 20.6%[22]. - Cash flow from investing activities showed a net outflow of CNY 472,242,150.69, an improvement from a net outflow of CNY 1,311,185,341.84 in the previous period[22]. - Cash flow from financing activities resulted in a net outflow of CNY 342,370,562.29, compared to a net inflow of CNY 536,732,265.48 in the previous period[23]. - The ending balance of cash and cash equivalents was CNY 497,974,552.13, compared to CNY 388,553,323.52 in the previous period, reflecting an increase of approximately 28.2%[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,120[8]. - The largest shareholder, Nanjing Kesi Investment Development Co., Ltd., held 52.04% of the shares[8]. - The total number of restricted shares held by major shareholders increased to 13.52 million, reflecting the annual release of 25% of the locked shares[10]. - The actual controller of the company, Mr. Zhou Xuming, holds 11.25 million shares after the recent increase in restricted shares[10]. Market Strategy and Competition - The decline in revenue and profit was attributed to increased competition and reduced product prices, leading to a lower gross margin[7]. - The company plans to continue expanding its market presence and investing in new product development as part of its growth strategy[12]. - The company is focused on maintaining a strong financial position while exploring potential mergers and acquisitions to enhance its market competitiveness[12]. - The company plans to continue investing in new product development and market expansion strategies to drive future growth[19]. Operational Metrics - Operating costs for Q3 2024 were ¥1,289,536,890.14, up from ¥1,137,085,934.95 in the same period last year, reflecting a year-on-year increase of 13.4%[18]. - Research and development expenses for Q3 2024 amounted to ¥89,866,506.69, compared to ¥82,617,374.08 in Q3 2023, indicating an increase of 8.5%[19]. - The company completed the allocation of 886,000 shares under the 2023 restricted stock incentive plan, with the shares expected to be listed on July 17, 2024[12]. - The company reported a significant increase in prepayments from CNY 5.29 million to CNY 7.17 million, an increase of approximately 35.5%[14]. - Accounts receivable decreased significantly from CNY 441.44 million to CNY 315.74 million, a reduction of about 28.4%[14]. - Inventory increased to CNY 457.35 million from CNY 425.27 million, showing an increase of approximately 7.5%[14]. - The cash and cash equivalents decreased to CNY 508.57 million from CNY 541.84 million, representing a decline of approximately 6.1%[14].