惠达卫浴(603385) - 2024 Q3 - 季度财报

Financial Performance - Operating revenue for Q3 2024 was ¥893,136,915.35, a decrease of 10.11% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥33,119,790.50, with a year-to-date net profit of ¥93,455,743.08, reflecting a decrease of 5.97%[2]. - Basic earnings per share for Q3 2024 was ¥0.0868, with diluted earnings per share also at ¥0.0868[3]. - Total operating revenue for the first three quarters of 2024 was CNY 2,475,148,940.72, a decrease of 5.97% compared to CNY 2,632,271,040.50 in the same period of 2023[13]. - Total operating costs for the first three quarters of 2024 were CNY 2,407,239,584.13, down from CNY 2,533,806,845.11 in 2023, reflecting a reduction of 4.98%[13]. - Net profit for the third quarter of 2024 was CNY 85,684,082.70, a significant recovery from a net loss of CNY 26,588,130.39 in the same quarter of 2023[15]. - The gross profit margin for the first three quarters of 2024 improved, with operating profit reaching CNY 108,994,611.14 compared to a loss of CNY 28,714,840.49 in 2023[15]. - Basic earnings per share for the third quarter of 2024 were CNY 0.2448, compared to a loss per share of CNY -0.0701 in the same quarter of 2023[16]. - The total comprehensive income for the third quarter of 2024 was CNY 85,684,082.70, a recovery from a loss of CNY 26,588,130.39 in the same quarter of 2023[16]. Cash Flow and Liquidity - Net cash flow from operating activities for the year-to-date period was ¥208,097,163.89, down 35% compared to the previous year[3]. - The company reported a significant decrease in cash received from sales, impacting net cash flow from operating activities[6]. - In the first three quarters of 2024, the cash inflow from operating activities was CNY 2,622,670,840.69, a decrease of 5.7% compared to CNY 2,781,183,703.65 in the same period of 2023[17]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY 208,097,163.89, down 35% from CNY 320,151,917.61 in 2023[18]. - The cash inflow from investment activities in the first three quarters of 2024 was CNY 869,698,915.98, compared to CNY 1,132,908,687.18 in 2023, reflecting a decline of 23.2%[18]. - The net cash flow from investment activities turned positive at CNY 291,237,123.63 in 2024, compared to a negative CNY 274,456,905.86 in 2023[18]. - The cash inflow from financing activities was CNY 53,076,001.00 in 2024, significantly lower than CNY 366,990,000.00 in 2023, marking a decrease of 85.5%[18]. - The net cash flow from financing activities was negative at CNY -119,657,059.15 in 2024, compared to CNY -104,442,007.69 in 2023[18]. - The total cash and cash equivalents at the end of Q3 2024 amounted to CNY 550,624,734.78, an increase from CNY 156,867,770.25 at the end of Q3 2023[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,804,445,158.17, a decrease of 0.68% from the end of the previous year[3]. - Total current assets rose to ¥2,828,373,208.75 compared to ¥2,391,114,971.81 at the end of 2023, marking an increase of about 18.3%[10]. - Non-current assets decreased to ¥2,976,071,949.42 from ¥3,453,059,637.60, a decline of approximately 13.8%[11]. - Total liabilities decreased to CNY 1,881,717,819.63 in Q3 2024 from CNY 2,007,805,382.78 in Q3 2023, indicating a reduction of 6.27%[12]. - The total equity attributable to shareholders of the parent company increased to CNY 3,740,972,458.01 in Q3 2024 from CNY 3,646,842,685.72 in Q3 2023, reflecting an increase of 2.58%[12]. - The company reported a decrease in total liabilities, indicating improved financial stability[11]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,655[7]. - The largest shareholder, Wang Huiwen, holds 17.55% of the shares, totaling 66,982,269 shares[7]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 108,085,844.88, slightly down from CNY 108,239,876.79 in the same period of 2023[13]. - The company is focusing on expanding its market presence and enhancing product development strategies[10]. Other Financial Metrics - Non-recurring gains and losses for the year-to-date period totaled ¥15,058,880.02, with government subsidies contributing ¥4,432,826.87[4]. - The company received CNY 18,324,033.39 in tax refunds in 2024, up from CNY 7,399,364.11 in 2023, indicating a significant increase of 147.5%[17]. - The cash paid to employees increased to CNY 627,878,863.20 in 2024, compared to CNY 584,549,982.38 in 2023, reflecting an increase of 7.4%[18]. - The cash outflow for investment activities was CNY 578,461,792.35 in 2024, down from CNY 1,407,365,593.04 in 2023, indicating a decrease of 59%[18].