冠豪高新(600433) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,883,338,474.15, a decrease of 2.69% compared to the same period last year[2] - The net profit attributable to shareholders was a loss of ¥14,757,154.50, representing a decline of 22.55% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥51,842,115.34, a significant decrease of 181.35% compared to the previous year[2] - Basic and diluted earnings per share were both -¥0.01, down 56.80% from the same period last year[3] - The company reported a net profit margin of approximately 0.33% for the first three quarters of 2024[14] - Net profit for the third quarter was ¥8,047,532.00, a recovery from a net loss of -¥233,314,974.18 in the same period last year[15] - Total profit amounted to ¥30,055,023.93, contrasting with a total loss of -¥229,374,364.17 in the previous year[15] - Operating profit turned positive at ¥29,162,720.65, compared to a loss of -¥231,384,398.47 in the same quarter last year[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,156,130,260.89, an increase of 7.87% from the end of the previous year[3] - Total liabilities increased to CNY 5,035,992,974.20 from CNY 4,177,547,020.33, an increase of 20.56%[12] - The total equity attributable to shareholders was CNY 4,509,581,593.24, up from CNY 4,471,797,582.82, reflecting a growth of 0.84%[13] Cash Flow - The cash flow from operating activities was not applicable for this period[2] - Cash flow from operating activities showed a net outflow of -¥258,408,492.31, worsening from -¥227,132,691.48 year-over-year[18] - The company reported a net increase in cash and cash equivalents of 185,027,098.36 CNY, down from 338,841,019.40 CNY in the previous year[19] - The ending balance of cash and cash equivalents was 715,603,045.02 CNY, compared to 1,214,868,732.66 CNY at the end of the previous period[19] Inventory and Prepayments - The company reported a significant increase in inventory by 56.51% due to the trial production of a new production line[6] - The company experienced a 79.02% increase in prepayments due to increased construction project payments[6] - Inventory increased significantly to CNY 1,617,757,834.42, up from CNY 1,033,671,132.10, representing a growth of 56.5%[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,980[8] - The largest shareholder, Foshan Huaxin Development Co., Ltd., holds 21.01% of the shares, totaling 370,009,058 shares[8] Government Subsidies and Financial Expenses - The company received government subsidies amounting to ¥3,863,987.57 during the reporting period[4] - The company recognized an increase in government subsidies during the reporting period[7] - The company's financial expenses increased due to additional loans and interest expenses, as well as exchange losses from currency fluctuations[7] - Financial expenses rose to ¥36,931,818.37 compared to a negative expense of -¥3,427,697.19 in the previous year, indicating a significant shift in financial costs[15] Research and Development - R&D expenses increased to ¥322,756,751.31 from ¥306,469,806.44, representing a growth of approximately 5.2% year-over-year[15] Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[14]