Financial Performance - The company's revenue for Q3 2024 was ¥98,844,113.22, a decrease of 1.40% compared to the adjusted revenue of ¥97,479,203.43 in the same period last year[3]. - Net profit attributable to shareholders for Q3 2024 was ¥4,508,375.10, representing a decline of 40.02% from the adjusted net profit of ¥7,516,497.29 in the previous year[3]. - The net profit excluding non-recurring gains and losses for Q3 2024 increased by 49.25% to ¥3,259,074.65, compared to ¥2,183,664.48 in the same period last year[3]. - Total operating revenue for Q3 2024 reached ¥228,609,192.24, an increase from ¥223,847,998.47 in the same period last year, representing a growth of approximately 2.8%[16]. - The net profit for Q3 2024 was CNY 18,426,521.48, a significant increase from CNY 10,238,671.63 in Q3 2023, representing an increase of approximately 80.5%[17]. - Operating profit for Q3 2024 reached CNY 17,152,619.16, compared to CNY 7,242,472.97 in the same period last year, marking an increase of about 136.5%[17]. - Total comprehensive income for Q3 2024 was CNY 18,284,158.31, compared to CNY 10,241,959.24 in Q3 2023, reflecting an increase of about 78.7%[17]. - The basic and diluted earnings per share for Q3 2024 were both CNY 0.35, up from CNY 0.22 in Q3 2023, representing a growth of approximately 59.1%[17]. Cash Flow and Liquidity - The company's cash flow from operating activities showed a significant improvement, with a net cash outflow of ¥19,409,230.57, an 87.20% reduction from the previous year's outflow of ¥151,627,823.43[9]. - Cash inflow from operating activities totaled CNY 274,130,553.83, up from CNY 132,225,385.72 in Q3 2023, indicating a growth of approximately 106.7%[18]. - Cash and cash equivalents decreased significantly to ¥373,805,078.44 from ¥880,705,202.84, a decline of about 57.6%[14]. - Cash and cash equivalents at the end of Q3 2024 were CNY 373,642,834.65, down from CNY 887,040,672.15 at the end of Q3 2023, a decrease of about 57.9%[19]. - The company experienced a net cash outflow from financing activities of CNY -91,350,184.95, compared to a net inflow of CNY 910,977,802.02 in the same period last year[19]. - Cash inflow from investment activities was CNY 50,810,657.54, a significant increase from CNY 4,981,969.91 in Q3 2023[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,417,412,675.03, reflecting a decrease of 2.10% from the previous year's total[3]. - Total assets decreased to ¥1,387,657,037.80 from ¥1,417,412,675.03, a reduction of about 2.1%[15]. - Current liabilities decreased to ¥231,697,719.47 from ¥270,508,093.41, reflecting a decline of approximately 14.3%[14]. - The company's total equity increased to ¥1,153,019,164.46 from ¥1,143,906,654.54, showing a growth of about 0.8%[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,445[11]. - Major shareholders include Qian Shuguang and Wang Lusheng, each holding 17.55% with 9,360,000 shares[11]. - Zhu Wenbing holds 12.79% with 6,820,000 shares[11]. - Liu Hongzhe holds 5.48% with 2,925,000 shares[11]. - The total number of restricted shares at the beginning of the period was 12,044,646, with all being released during the period[12]. - The company has no preferred shareholders or changes in restricted shares during the reporting period[12]. - The company plans to release all restricted shares on April 25, 2024[12]. - There are no changes in the top 10 shareholders due to margin trading activities[11]. - The company has not disclosed any related party transactions among the top 10 shareholders[11]. - The major shareholders have signed a concerted action agreement, indicating they are joint actual controllers of the company[11]. Operational Highlights - The company reported a significant increase in inventory, which rose by 97.03% to ¥162,774,734.10, attributed to an increase in dispatched goods[7]. - Research and development expenses increased to ¥48,403,600.45, up from ¥43,721,902.07, indicating a rise of approximately 10.5% year-over-year[16]. - The net profit margin improved, with net income figures reflecting a more favorable cost structure despite increased R&D spending[16]. - Future outlook includes continued investment in technology and market expansion strategies to enhance competitive positioning[16].
荣旗科技(301360) - 2024 Q3 - 季度财报