嘉亨家化(300955) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥268,950,422.78, representing a decrease of 5.24% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2024 was ¥7,665,568.97, down 38.77% year-over-year[3] - The net profit after deducting non-recurring gains and losses was ¥5,222,982.68, a decline of 57.80% compared to the previous year[3] - The basic earnings per share for Q3 2024 was ¥0.08, down 33.33% year-over-year[3] - The net profit for Q3 2024 was CNY 2,216,847.43, a significant decrease from CNY 26,192,717.31 in Q3 2023, reflecting a decline of approximately 91.6%[18] - Operating profit for Q3 2024 was CNY -5,870,548.44, compared to CNY 24,101,225.25 in the same period last year, indicating a substantial loss[18] - The company reported a total comprehensive income of CNY 2,218,680.02 for Q3 2024, down from CNY 26,225,884.93 in Q3 2023, reflecting a decrease of about 91.6%[19] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.02, a decrease from CNY 0.26 in Q3 2023[19] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥20,895,729.81, a significant decrease of 79.00% compared to the same period last year[8] - The cash inflow from operating activities was CNY 742,672,714.23, down from CNY 818,582,262.73 in the same quarter last year, indicating a decrease of approximately 9.3%[20] - The net cash flow from operating activities for Q3 2024 was 20,895,729.81, a decrease of 79.0% compared to 99,523,705.31 in Q3 2023[21] - The total cash outflow from operating activities was 721,776,984.42, slightly up from 719,058,557.42 in Q3 2023[21] - The total cash and cash equivalents at the end of Q3 2024 were 147,463,032.06, compared to 138,310,551.95 at the end of Q3 2023, reflecting an increase of 6.6%[21] - The cash inflow from financing activities was 396,948,422.89, a significant increase of 53.5% compared to 258,683,091.50 in Q3 2023[21] - The cash outflow for paying taxes was 36,149,572.78, a decrease of 39.7% from 59,910,559.86 in the previous year[21] - The company experienced a net cash outflow from investing activities of -198,134,219.31, slightly improved from -217,680,022.60 in Q3 2023[21] - The impact of exchange rate changes on cash and cash equivalents was positive at 559,833.94, compared to a negative impact of -54,345.88 in Q3 2023[21] - The company’s cash and cash equivalents decreased by 46,485,723.40 in Q3 2024, compared to a decrease of 18,954,344.71 in Q3 2023[21] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥1,809,862,070.14, an increase of 6.90% from the end of the previous year[3] - Current assets totaled CNY 619,972,413.56, a decrease of 1.3% from CNY 627,813,604.95[16] - Non-current assets rose to CNY 1,189,889,656.58, compared to CNY 1,065,218,479.27, indicating a growth of 11.7%[16] - Total liabilities increased to CNY 848,611,361.61 from CNY 698,720,055.71, representing a rise of 21.5%[16] - Long-term borrowings surged to CNY 390,934,170.52, up from CNY 248,604,766.00, marking a significant increase of 57.1%[16] - The company's total equity decreased to CNY 961,250,708.53 from CNY 994,312,028.51, a decline of 3.3%[16] Operational Changes - The company transferred major production equipment and personnel from its wholly-owned subsidiary Zhejiang Jiaheng Packaging Technology Co., Ltd. to another subsidiary, Huzhou Jiaheng Industrial Co., Ltd., to enhance operational efficiency[13] - The company approved adjustments to the investment scale of certain fundraising projects, specifically concluding the "Cosmetics and Plastic Packaging Container Production Base Construction Project" due to industry conditions[13] - The company’s strategic adjustments are expected to enhance business collaboration and management efficiency without significantly impacting normal operations[13] Receivables and Payables - The company reported a 250.79% increase in accounts receivable, reaching ¥5,995,296.95, primarily due to increased settlements with bank acceptance bills[6] - Accounts receivable increased to ¥293,914,606.13 from ¥270,710,343.61, reflecting a growth of about 8.6%[14] - The company’s other receivables decreased to ¥2,253,922.02 from ¥3,124,621.10, indicating a reduction of approximately 27.8%[14] - The company’s prepayments slightly decreased to ¥12,034,455.62 from ¥12,262,961.92, showing a minor decline of about 1.9%[14] Expenses - Total operating costs amounted to CNY 702,579,904.61, slightly down from CNY 704,508,293.67 year-over-year[17] - The company reported a net profit margin decline due to increased costs, with operating costs at CNY 546,984,358.27 compared to CNY 554,682,993.29 last year[17] - Research and development expenses remained stable at CNY 25,224,047.38, slightly up from CNY 25,181,014.72 year-over-year[18] - Sales expenses increased to CNY 6,129,155.81 in Q3 2024, compared to CNY 5,375,512.76 in Q3 2023, marking an increase of approximately 14%[18] - The company recorded a financial expense of CNY 7,092,703.18, which increased from CNY 5,907,099.47 in the previous year, indicating a rise of approximately 20.2%[18] - Other income increased to CNY 3,406,927.87 in Q3 2024, compared to CNY 1,984,637.73 in Q3 2023, representing an increase of about 71.5%[18]