Financial Performance - Revenue for Q3 2024 reached ¥120,936,137.69, an increase of 18.58% compared to the same period last year[2] - Net profit attributable to shareholders was ¥11,375,129.45, a decrease of 11.34% year-on-year, while net profit after deducting non-recurring gains and losses was ¥7,927,166.28, down 13.81%[2] - Total operating revenue for Q3 2024 was CNY 286,866,024.56, a decrease of 19.1% compared to CNY 354,898,605.89 in the same period last year[14] - The net profit for Q3 2024 was CNY 4,719,092.11, a significant decrease from CNY 61,949,415.89 in the same period last year, representing a decline of approximately 92.4%[15] - Operating profit for Q3 2024 was CNY 14,758,080.90, down from CNY 70,017,309.87 in Q3 2023, indicating a decrease of about 78.9%[15] - The total comprehensive income attributable to the parent company for Q3 2024 was CNY 11,364,402.41, down from CNY 63,195,888.29 in the same quarter last year, a decrease of approximately 82.0%[15] - The basic and diluted earnings per share for Q3 2024 were both CNY 0.03, compared to CNY 0.17 in Q3 2023, indicating a decline of about 82.4%[15] - The company reported a total profit of CNY 15,996,157.98 for Q3 2024, down from CNY 69,996,099.17 in the same period last year, representing a decline of about 77.3%[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,647,430,217.79, reflecting a decrease of 1.26% from the end of the previous year[2] - The company's cash and cash equivalents decreased to CNY 333,171,890.67 from CNY 430,357,360.80, a decline of 22.6%[12] - Total assets as of the end of Q3 2024 were CNY 1,647,430,217.79, down from CNY 1,668,517,980.02 at the beginning of the year, reflecting a decrease of 1.3%[13] - Total liabilities increased to CNY 78,796,485.85 from CNY 75,136,341.41, marking a rise of 3.5%[12] - The company's total equity attributable to shareholders decreased by 1.44% to ¥1,572,638,633.46[2] - The company's total equity attributable to shareholders decreased to CNY 1,572,638,633.46 from CNY 1,595,641,229.82, a decline of 1.4%[13] - The company reported a decrease in other current assets to CNY 205,567,652.52 from CNY 360,328,812.75, a significant drop of 43.0%[12] Cash Flow - The net cash flow from operating activities for the first nine months decreased by 64.88% to ¥4,706,731.01, primarily due to reduced cash received from sales[7] - Cash flow from operating activities for Q3 2024 was CNY 4,706,731.01, compared to CNY 13,403,207.91 in Q3 2023, reflecting a decline of approximately 64.9%[16] - Cash flow from financing activities showed a net outflow of CNY 36,901,328.88 in Q3 2024, contrasting with a net inflow of CNY 10,618,794.25 in Q3 2023[17] - The company received CNY 4,900,000.00 from investment activities in Q3 2024, compared to CNY 34,198,940.20 in the previous year, indicating a decrease of approximately 85.7%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,354, with the top 10 shareholders holding 54.45% of the shares[8] - The largest shareholder, Tan Yong, holds 202,259,475 shares, representing 54.45% of the total[8] - The company repurchased 3,007,050 shares through its dedicated repurchase account[9] - Shareholder Xiao Shaojin holds a total of 3,300,000 shares, including 1,300,000 shares through a margin trading account[9] - The total number of restricted shares at the beginning of the period was 224,171,490, with 10,994,104 shares released during the period[10] - At the end of the period, the total number of restricted shares is 213,951,786[10] - The company has no changes in the top 10 shareholders due to margin trading activities[9] - The largest shareholder, Tan Yong, has no shares released during the period, maintaining 202,259,475 restricted shares[10] - The company plans to release shares for former executive Li Peng on November 20, 2023, totaling 6,623,437 shares[10] - The company has a clear strategy for managing shareholder equity and restricted shares, ensuring compliance with regulations[10] Research and Development - Research and development expenses for the first nine months of 2024 amounted to ¥28,873,210.09, a rise of 35.74% compared to the same period in 2023, indicating a focus on innovation[6] - Research and development expenses increased to CNY 28,873,210.09, representing a 35.7% rise from CNY 21,270,255.70 in the previous year[14] Investment Activities - The company reported a significant increase in trading financial assets, which rose by 381.33% to ¥289,391,593.40 due to increased investment in financial products[5] - Total cash inflow from investment activities was CNY 661,688,696.12, up from CNY 379,506,464.29 in the previous year, marking an increase of about 74.3%[16]
新特电气(301120) - 2024 Q3 - 季度财报