Financial Performance - Revenue for Q3 2024 reached ¥481,099,151.54, an increase of 9.21% compared to the same period last year[2] - Net profit attributable to shareholders decreased by 39.91% to ¥17,621,434.93 in Q3 2024[2] - The net profit after deducting non-recurring gains and losses was ¥17,330,346.17, down 32.99% year-on-year[2] - Total revenue for Q3 2024 was CNY 1,338,355,655.40, a decrease of 1.73% compared to CNY 1,361,905,424.44 in the same period last year[17] - The net profit for Q3 2024 was CNY 57,578,246.30, a decrease of 23% compared to CNY 74,696,829.68 in Q3 2023[18] - Operating profit for Q3 2024 was CNY 59,485,941.79, down from CNY 97,121,985.03 in the same period last year, reflecting a decline of approximately 39%[18] - The company reported a total comprehensive income of CNY 57,594,525.84 for Q3 2024, down from CNY 74,711,294.95 in the same quarter last year[18] - Earnings per share (EPS) for Q3 2024 was CNY 0.2961, a decrease from CNY 0.4980 in Q3 2023[18] Assets and Liabilities - Total assets increased by 49.72% to ¥2,122,063,845.19 compared to the end of the previous year[2] - Current assets rose significantly to CNY 1,602,200,988.53, compared to CNY 979,563,464.70 at the start of the year, marking a 63.5% increase[14] - Total liabilities decreased to CNY 670,326,797.14 from CNY 765,150,558.87, reflecting a reduction of 12.4%[15] - Owner's equity surged to CNY 1,451,737,048.05, compared to CNY 652,210,744.07 at the beginning of the year, an increase of 122.3%[15] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥19,721,427.74, a decline of 111.78% year-on-year[2] - The company reported a net cash flow from operating activities of -19,721,427.74 RMB for the first nine months of 2024, a decrease of 111.78% compared to 167,439,585.88 RMB in the same period of 2023[7] - Cash flow from financing activities increased significantly to 730,053,896.54 RMB, a 633.42% increase from -136,863,185.75 RMB in the same period last year, primarily due to increased IPO fundraising[7] - Cash flow from financing activities generated a net inflow of CNY 730,053,896.54, compared to a net outflow of CNY 136,863,185.75 in Q3 2023[20] Shareholder Information - The largest shareholder, Chen Peijun, holds 35.50% of the company's shares, with a total of 71,000,000 shares[8] - The second-largest shareholder, Ningbo Meishan Free Trade Port Zone Zhonghui Investment Management Center, holds 14.50% of the shares, totaling 29,000,000 shares[8] - The company has a total of 22,294 common shareholders at the end of the reporting period[8] Government Support and Expenses - The company received government subsidies amounting to ¥245,579.53 during the reporting period[3] - Management expenses increased by 78.16% to ¥17,110,871.28, primarily due to costs associated with the company's listing activities[6] - The company experienced a substantial increase in non-operating income, which rose by 6413.65% to 14,981,882.99 RMB, mainly due to an increase in various government subsidies received[7] Investment and Development - The company is actively exploring market expansion and new product development strategies, although specific details were not disclosed in the report[10] - The company has not reported any significant mergers or acquisitions during the reporting period[10] Inventory and Costs - Inventory levels increased to CNY 498,936,267.81, up from CNY 456,933,114.71, indicating a rise of 9.2%[14] - Operating costs for Q3 2024 were CNY 1,282,773,313.16, an increase of 2.9% from CNY 1,245,684,113.99 in the previous year[17] - Research and development expenses were CNY 15,996,308.46, down from CNY 17,485,772.37, a decrease of 8.5%[17] Financial Management - The company reported a financial expense of -CNY 5,661,354.26, compared to -CNY 2,201,927.69 in the previous year, indicating improved financial management[17] - The company recorded an investment loss of CNY 2,556,045.71 in Q3 2024, compared to a loss of CNY 27,891,067.96 in the previous year[18]
腾达科技(001379) - 2024 Q3 - 季度财报