Financial Performance - Revenue for Q3 2024 reached ¥243,218,318.45, an increase of 9.57% year-over-year[2] - Net profit attributable to shareholders for Q3 2024 was ¥42,474,225.50, up 27.96% compared to the same period last year[2] - Year-to-date net profit attributable to shareholders increased by 48.35% to ¥149,112,638.35[5] - Basic and diluted earnings per share for Q3 2024 were both ¥0.09, reflecting a growth of 12.50% year-over-year[2] - Total operating revenue for Q3 2024 reached ¥817,403,391.66, an increase of 4.3% compared to ¥784,397,239.44 in Q3 2023[13] - Net profit for Q3 2024 was ¥149,080,489.25, representing a 48.5% increase from ¥100,352,005.15 in Q3 2023[14] - The total comprehensive income for the third quarter was CNY 149,112,638.35, an increase from CNY 100,514,672.55 in the same period last year, representing a growth of approximately 48.3%[15] - Basic earnings per share increased to CNY 0.32 from CNY 0.24, reflecting a growth of 33.3% year-over-year[15] Assets and Liabilities - Total assets as of the end of Q3 2024 amounted to ¥1,644,354,243.73, representing a 13.23% increase from the end of the previous year[2] - The company's total assets increased to ¥1,644,354,243.73, up from ¥1,452,238,658.63 year-over-year[12] - Current liabilities rose to ¥534,843,474.01, an increase of 30.6% compared to ¥409,223,282.64 in the same period last year[12] - Non-current assets totaled ¥1,095,186,183.63, slightly down from ¥1,106,168,435.13 in Q3 2023[12] Cash Flow - The company reported a net cash flow from operating activities of ¥193,195,758.45, an increase of 2.63% year-to-date[2] - Cash inflow from operating activities totaled CNY 917,879,577.20, compared to CNY 889,645,651.40 in the previous year, marking an increase of about 3.2%[16] - The net cash flow from operating activities was CNY 193,195,758.45, slightly up from CNY 188,237,793.55, indicating a growth of 2.5%[16] - Cash outflow for investment activities was CNY 223,948,162.57, compared to CNY 172,405,311.35 in the previous year, representing an increase of approximately 29.9%[17] - The net cash flow from investment activities was negative at CNY -178,613,305.51, worsening from CNY -150,337,476.10 year-over-year[17] - Cash inflow from financing activities was CNY 352,443,591.72, up from CNY 333,627,972.22, reflecting an increase of about 5.4%[17] - The net cash flow from financing activities improved to CNY 82,318,127.01 from a negative CNY -35,413,988.42 in the previous year[17] - The ending cash and cash equivalents balance was CNY 274,449,453.07, significantly higher than CNY 102,769,494.43 at the end of the same quarter last year, indicating a growth of approximately 167.5%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,047[6] - The largest shareholder, Nanchang Baitong Environmental Technology Co., Ltd., holds 19.53% of the shares[6] - The company reported a cash distribution of RMB 0.5 per 10 shares, totaling RMB 23,045,000 for the 2024 semi-annual profit distribution[9] - The total number of shares for the cash distribution was based on a total share capital of 460,900,000 shares[9] - The company completed the semi-annual profit distribution on September 9, 2024[9] - The company has not reported any changes in the participation of the top 10 shareholders in margin financing and securities lending[7] - The total number of shareholders holding preferred shares is not applicable[8] - The company has not disclosed any other significant matters related to shareholder relationships or actions[7] Cost and Expenses - The gross profit margin improved due to reduced production costs and increased sales volume[5] - The company experienced a 59.79% decrease in financial expenses year-over-year, contributing to profit growth[5] - Total operating costs decreased to ¥637,656,027.17, down 2.3% from ¥657,128,572.87 in the previous year[13] - The company reported a significant reduction in financial expenses, down to ¥6,103,023.72 from ¥15,177,574.30 in the previous year[13] - The company recorded a decrease in employee compensation payable to ¥19,673,485.89 from ¥36,162,686.76 year-over-year[12] Inventory and Receivables - The total current assets increased to RMB 549,168,060.10 from RMB 346,070,223.50, reflecting a growth of approximately 58.7%[10] - Cash and cash equivalents rose to RMB 314,751,876.58 from RMB 188,315,670.17, marking an increase of about 67.0%[10] - The company's inventory decreased to RMB 49,596,654.95 from RMB 59,656,797.78, a decline of approximately 16.8%[10] - Accounts receivable decreased to RMB 25,737,104.31 from RMB 37,033,027.31, representing a reduction of about 30.5%[10] Tax Information - The company reported a decrease in tax refunds received, totaling CNY 7,704,056.84 compared to CNY 14,623,853.32 in the previous year, a decline of about 47.3%[16]
百通能源(001376) - 2024 Q3 - 季度财报