禾盛新材(002290) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥629,001,894.76, representing a decrease of 1.78% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥24,544,236.18, down 12.71% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥24,231,225.75, a decrease of 13.62% compared to the previous year[2] - Total operating revenue for Q3 2024 reached CNY 1,836,659,393.57, an increase of 7.8% compared to CNY 1,703,308,624.39 in the same period last year[12] - Net profit for Q3 2024 was CNY 83,666,581.23, slightly down from CNY 84,726,326.47 in Q3 2023, indicating a decrease of 1.2%[13] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥1,751,030,792.99, reflecting a decrease of 0.83% from the end of the previous year[2] - The total assets of the company as of the end of Q3 2024 were CNY 1,751,030,792.99, a decrease from CNY 1,765,760,768.00 at the end of Q3 2023[11] - The company's total liabilities decreased to CNY 960,652,054.39 from CNY 1,059,719,140.63, representing a reduction of approximately 9.3%[11] Shareholder Equity - Shareholders' equity attributable to the parent company increased to ¥792,528,984.08, up 12.25% from the previous year[2] - The equity attributable to shareholders of the parent company increased to CNY 792,528,984.08 from CNY 706,041,627.37, marking an increase of 12.2%[11] Cash Flow - Cash flow from operating activities for the year-to-date was ¥179,156,927.49, an increase of 6.53% year-on-year[2] - The cash inflow from operating activities for Q3 2024 was CNY 1,182,889,565.89, an increase of 32.3% compared to CNY 894,315,324.07 in the same period last year[15] - The net cash flow from operating activities was CNY 179,156,927.49, up from CNY 168,178,905.55 year-over-year[15] - The cash inflow from financing activities totaled CNY 35,000,000.00, a decrease from CNY 298,137,714.12 in the previous year[16] - The net increase in cash and cash equivalents for the period was CNY 44,088,987.13, compared to CNY 22,712,720.00 in the same quarter last year[16] Expenses - Operating costs for the same period were CNY 1,751,431,918.98, up from CNY 1,607,474,092.65, reflecting a year-over-year increase of 8.9%[12] - The company experienced a 36.21% increase in sales expenses compared to the previous year, totaling ¥7,713,989.80[6] - Research and development expenses for Q3 2024 were CNY 59,414,537.46, compared to CNY 55,362,764.58 in the previous year, reflecting an increase of 7.4%[12] Cash and Cash Equivalents - The cash and cash equivalents net increase for the period was ¥44,088,987.13, a rise of 94.12% compared to the previous year[6] - The company's cash and cash equivalents increased to ¥372,254,008.50 from ¥359,626,742.50, reflecting a growth of approximately 0.18%[9] - The ending balance of cash and cash equivalents was CNY 307,065,673.17, up from CNY 199,047,334.88 at the end of the previous year[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,103[7] - The largest shareholder, Shanghai Hongyuan Sheng New Energy Technology Partnership, holds 20.73% of shares, totaling 51,429,633 shares[7] Other Financial Metrics - The company’s weighted average return on equity was 3.14%, down 0.94% from the previous year[2] - The company reported a basic earnings per share of CNY 0.35, unchanged from the previous year[13] - Deferred income tax assets amounted to CNY 5,648,329.30, down from CNY 6,807,205.94 in the previous year[10] - The company’s short-term borrowings decreased significantly to CNY 25,019,111.11 from CNY 88,557,152.78, a reduction of approximately 71.7%[10] Investment Activities - The company reported a significant increase in investment activity cash inflow of 2701.49% due to the redemption of financial products[6] - The company received CNY 8,000,000.00 related to investment activities, indicating ongoing investment efforts[15] Changes in Assets - Accounts receivable rose slightly to ¥422,347,501.31 from ¥421,121,726.79, indicating a marginal increase of about 0.29%[9] - Inventory decreased to ¥403,321,214.91 from ¥415,255,954.68, showing a decline of approximately 2.83%[9] - Total current assets decreased to ¥1,406,063,286.63 from ¥1,416,173,324.07, a reduction of about 0.72%[9] - Investment properties decreased to ¥54,143,162.78 from ¥57,060,679.82, a decline of approximately 5.25%[9] - Fixed assets increased to ¥214,272,835.09 from ¥204,492,758.03, reflecting a growth of about 4.00%[9] Other Matters - The company has not reported any significant changes in the top ten shareholders' participation in margin trading[7] - There are no new strategies or significant events reported in the other important matters section[9] - The company did not conduct an audited report for the Q3 2024 financial results[17]