润禾材料(300727) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 reached ¥341,945,496.76, an increase of 10.52% compared to the same period last year[1] - Net profit attributable to shareholders was ¥28,231,330.27, reflecting a growth of 21.74% year-over-year[1] - Net profit excluding non-recurring items was ¥26,355,616.59, up 22.01% from the previous year[1] - Basic earnings per share increased to ¥0.22, a rise of 22.22% compared to the same quarter last year[1] - Total operating revenue for Q3 2024 reached CNY 993,651,923.06, an increase of 16.3% compared to CNY 854,416,927.45 in Q3 2023[16] - Net profit attributable to shareholders of the parent company was CNY 69,892,765.56, compared to CNY 60,999,804.48 in the previous year, marking a growth of 14.5%[18] - Basic earnings per share increased to CNY 0.5500 from CNY 0.4800, representing a rise of 14.6%[18] - The company reported a total comprehensive income of CNY 69,892,765.56, compared to CNY 60,999,804.48 in the previous year, marking an increase of 14.5%[18] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,692,323,602.53, representing a 5.43% increase from the end of the previous year[1] - Total liabilities reached CNY 743,865,426.10, up from CNY 709,822,076.54, indicating a growth of 4.8%[16] - The total assets of Ningbo Runhe High-tech Materials Co., Ltd. increased to CNY 1,692,323,602.53, up from CNY 1,605,170,803.30 at the beginning of the period, representing a growth of approximately 5.4%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 14,861[8] - Zhejiang Runhe Holdings holds 41.18% of the shares, amounting to 52,591,630 shares[8] - The second-largest shareholder, Ye Jianping, holds 11.42% of the shares, totaling 14,582,906 shares[8] - The company has a total of 0 shares under pledge, marking a stable shareholder structure[8] - The number of shareholders with voting rights restored for preferred shares is 0[8] - The company has not reported any changes in the top 10 shareholders due to margin trading activities[8] Cash Flow - Cash flow from operating activities showed a net decrease of 61.07% year-to-date, primarily due to increased working capital requirements[6] - Cash flow from operating activities amounted to CNY 709,009,463.74, compared to CNY 612,826,462.19 in the same period last year, indicating a growth of 15.7%[19] - Operating cash inflow for Q3 2024 was CNY 751,478,680.04, an increase of 17.3% from CNY 640,913,025.29 in Q3 2023[20] - Total cash outflow from operating activities was CNY 698,123,622.51, up from CNY 503,850,637.19 in the same period last year[20] - The ending balance of cash and cash equivalents was CNY 261,572,979.03, slightly up from CNY 256,543,253.90 at the end of Q3 2023[21] Expenses - Operating costs for the same period were CNY 916,989,814.91, up from CNY 781,647,730.17, reflecting a year-over-year increase of 17.3%[17] - Research and development expenses were CNY 42,158,220.63, slightly down from CNY 43,155,898.73, showing a decrease of 2.3%[17] - Sales expenses increased to CNY 68,834,036.14 from CNY 57,759,019.64, reflecting a rise of 19.5%[17] Investment Activities - The company reported a significant increase of 1,564.86% in investment income year-to-date, attributed to prior foreign exchange hedging activities[6] - Cash inflow from investment activities totaled CNY 831,902,743.61, significantly up from CNY 358,945,218.12 in Q3 2023[20] - Net cash outflow from investment activities was CNY 40,919,333.72, an improvement from CNY 156,434,203.16 in Q3 2023[20] Convertible Bonds and Stock Incentives - The conversion price of the "Runhe Convertible Bonds" was adjusted from 29.03 RMB/share to 29.01 RMB/share, effective from January 18, 2024[11] - The company decided not to adjust the conversion price of the convertible bonds, maintaining it at CNY 28.81 per share[12] - The interest rate for the convertible bonds for the current period is set at 0.60%, with a distribution of CNY 6.00 per 10 bonds (face value CNY 1,000.00) payable[12] - The company adjusted the stock incentive plan's grant price from CNY 13.29 per share to CNY 13.09 per share[13] - The company has completed the registration of 199,500 shares under the 2022 restricted stock incentive plan, which began trading on January 18, 2024[13] Other Financial Metrics - Cash inflow from financing activities was CNY 0.00, compared to CNY 8,554,200.00 in Q3 2023[20] - Net cash outflow from financing activities was CNY 26,387,887.91, worsening from CNY 14,030,657.21 in the same quarter last year[20] - The company received CNY 33,628,216.84 in tax refunds, an increase from CNY 22,101,706.12 in Q3 2023[20] - The company has not undergone an audit for the Q3 report[21]