MAE(SZ:002009)2024-10-24 10:45Financial Performance - The company's revenue for Q3 2024 was ¥775,462,818.67, representing a decrease of 23.21% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥20,487,953.11, an increase of 847.37% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥28,302,466.25, a decrease of 39.76%[3]. - The company's net profit for the first nine months of 2024 was -¥56,976,460.94, a decrease of 83.37% compared to -¥342,622,436.85 in the same period of 2023[8]. - Revenue from sales of goods and services decreased by 32.79% to ¥1,541,344,474.23 from ¥2,293,225,455.24 year-on-year[9]. - The net profit for Q3 2024 was -56,976,460.94 CNY, compared to -342,622,436.85 CNY in the same period last year, showing an improvement[18]. - The total comprehensive income for Q3 2024 was -57,237,109.08 CNY, compared to -342,835,884.69 CNY in Q3 2023[19]. - Basic and diluted earnings per share for Q3 2024 were both -0.14 CNY, an improvement from -0.92 CNY in Q3 2023[19]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥156,035,769.74, reflecting a significant decline of 199.81%[3]. - The company's cash flow from operating activities showed a net outflow of -¥156,035,769.74, a decline of 199.81% compared to a net inflow of ¥156,338,338.86 in the previous year[9]. - Cash flow from financing activities showed a net inflow of 12,928,485.38 CNY, compared to a net outflow of -67,890,679.65 CNY in Q3 2023[21]. - The total cash and cash equivalents at the end of Q3 2024 were 579,224,374.30 CNY, down from 714,025,196.40 CNY at the end of Q3 2023[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,949,455,634.97, down 8.36% from the end of the previous year[3]. - The company's total current assets decreased from 4,023,864,805.96 CNY at the beginning of the period to 3,707,819,277.97 CNY at the end[14]. - Total liabilities decreased to CNY 3,823,449,624.07, down 11.3% from CNY 4,308,646,628.09 year-over-year[16]. - The company reported a decrease in total liabilities, with a notable reduction in other payables by 39.54% to ¥179,644,043.31, due to the termination of the equity incentive plan[7]. Investments and Income - Investment income increased by 82.27% to ¥40,553,204.60 from ¥22,248,836.46 year-on-year, primarily due to gains from the disposal of subsidiaries[8]. - Non-recurring gains and losses totaled ¥48,790,419.36 for the current period, with a year-to-date total of ¥51,585,233.06[4]. Business Segments - The smart equipment business generated a total revenue of CNY 1.01 billion in the first three quarters of 2024, with a gross margin of 20.73%, an increase of 7 percentage points year-on-year[10]. - The automotive smart equipment business has secured orders totaling CNY 1.967 billion, with 48% of these orders coming from overseas projects[10]. - The lithium battery recycling business reported a revenue of CNY 444.15 million in the first three quarters of 2024, with a gross margin increase of 5.8 percentage points year-on-year[11]. - In Q3 2024, the lithium battery recycling business generated revenue of CNY 195.95 million, a quarter-on-quarter increase of CNY 55.45 million[11]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 49,516[13]. - The largest shareholder, Huang Weixing, holds 15.51% of the shares, totaling 62,389,317 shares[13]. Research and Development - Research and development expenses for Q3 2024 were CNY 81,818,723.78, a decrease of 15.4% compared to CNY 96,733,546.75 in the same period last year[17]. Future Outlook - Future outlook and strategies were not explicitly detailed in the provided documents, indicating a need for further analysis in upcoming reports[17].