恒华科技(300365) - 2024 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2024 reached ¥104,926,889, an increase of 4.81% compared to the same period last year, but a decrease of 7.11% year-to-date[2] - Net profit attributable to shareholders was ¥2,974,105.19, down 39.90% year-on-year, and down 34.98% year-to-date[2] - Total operating revenue for Q3 2024 was CNY 313,976,249.38, a decrease of 7.1% compared to CNY 337,996,784.43 in the same period last year[13] - Net profit for Q3 2024 was CNY 7,330,095.33, down 34.5% from CNY 11,209,624.45 in Q3 2023[14] - The basic and diluted earnings per share for Q3 2024 were both CNY 0.0155, down from CNY 0.0237 in Q3 2023, representing a decrease of approximately 34.5%[15] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥270,641,678.20, representing a 154.07% increase in negative cash flow compared to the previous year[8] - The net cash flow from operating activities for Q3 2024 was -CNY 270,641,678.20, a decline from -CNY 106,522,790.72 in Q3 2023, indicating a worsening cash flow situation[17] - The net cash flow from investing activities increased significantly to ¥42,140,583.61, a 2,855.92% increase year-on-year[8] - The net cash flow from investing activities for Q3 2024 was CNY 42,140,583.61, a significant increase from CNY 1,425,632.83 in Q3 2023, indicating improved investment cash flow[17] - The net increase in cash and cash equivalents for Q3 2024 was -CNY 353,906,043.07, compared to -CNY 936,112.52 in Q3 2023, indicating a larger cash outflow[18] Assets and Liabilities - Total assets as of September 30, 2024, were ¥2,403,613,906.38, a decrease of 4.31% from the end of the previous year[2] - Total assets decreased to CNY 2,403,613,906.38 from CNY 2,511,976,720.46, reflecting a decline of 4.3%[13] - Total liabilities decreased to CNY 310,931,833.46, down 29.8% from CNY 442,929,205.92 year-over-year[13] - Cash and cash equivalents were reported at CNY 2,026,107,892.44, a decrease of 5.9% from CNY 2,153,370,828.07[12] Shareholder Information - The top ten shareholders hold a combined 46.57% of the company's shares, with Jiang Chunhua being the largest shareholder at 9.92%[9] - The company has a total of 30,409 common shareholders as of the end of the reporting period[9] - The number of shares held by the top ten unrestricted shareholders totals 30,002,700, with the largest being Xinyu High-tech Zone Zerun Investment Management Co., Ltd.[9] - The total restricted shares decreased from 142,672,202 to 116,201,102, with 26,625,000 shares released during the period[10] Inventory and Costs - Inventory increased by 142.89% to ¥647,079,011.14 due to project execution costs not being recognized as revenue[6] - Total operating costs increased to CNY 342,470,068.90, up 2.4% from CNY 335,063,352.43 year-over-year[13] - The company reported a decrease in inventory to CNY 647,079,011.14 from CNY 266,404,586.04, indicating a significant increase in stock levels[12] Financial Performance Metrics - The company's basic earnings per share for Q3 2024 was ¥0.0050, a decrease of 39.08% year-on-year[2] - The weighted average return on equity was 0.15%, down 0.10% compared to the previous year[2] - The company recorded a financial expense of CNY -1,154,516.54, compared to a financial income of CNY 1,842,766.46 in the previous year[14] - The total comprehensive income attributable to the parent company for Q3 2024 was CNY 31,891,221.91, compared to CNY 22,345,704.16 in Q3 2023, representing an increase of approximately 42.5%[15] Other Notable Information - The company recognized a credit impairment loss of ¥26,800,942.04, a significant increase compared to the previous year's reversal of -¥4,075,146.36[7] - The company has not reported any new product launches or technological advancements in this quarter[10] - There are no significant changes in the number of preferred shareholders or their holdings reported for this quarter[10] - The company has adopted new accounting standards effective January 1, 2024, which may impact future financial reporting and disclosures[19]