长华集团(605018) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥503,516,610.60, a decrease of 22.68% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥28,040,387.96, down 15.19% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥24,369,423.58, a decrease of 22.90% compared to the same period last year[2]. - Total operating revenue for the first three quarters of 2024 reached ¥1,658,460,837.11, an increase of 3.66% compared to ¥1,600,435,957.63 in the same period of 2023[14]. - Total operating costs for the first three quarters of 2024 were ¥1,604,649,970.33, up from ¥1,555,501,864.33 in 2023, reflecting a year-on-year increase of 3.16%[14]. - Net profit for the third quarter of 2024 was ¥89,976,162.47, compared to ¥57,068,368.17 in the same quarter of 2023, representing a significant increase of 57.5%[16]. - The total comprehensive income attributable to the parent company for Q3 2024 was CNY 89,976,162.47, compared to CNY 57,068,368.17 in Q3 2023, representing a year-over-year increase of approximately 57.5%[17]. - Basic and diluted earnings per share for Q3 2024 were both CNY 0.19, up from CNY 0.12 in Q3 2023, indicating a growth of 58.3%[17]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was ¥348,177,201.40, an increase of 221.63% compared to the previous year[3]. - Cash inflows from operating activities totaled ¥500,021,731.90 in the first three quarters of 2024, significantly higher than ¥327,275,402.38 in the same period of 2023, marking a growth of 52.7%[25]. - The company's cash and cash equivalents decreased to ¥72,051,000.00 from ¥191,884,278.29, a decline of approximately 62.5%[13]. - The ending cash and cash equivalents balance as of September 30, 2024, was CNY 240,719,461.89, up from CNY 154,226,431.36 at the end of 2023[20]. - The total amount of cash and cash equivalents reflects a healthy liquidity position for future investments[11]. - The company reported a total cash outflow from operating activities of ¥435,130,553.05, compared to ¥290,287,903.66 in the same quarter last year[26]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,191,008,762.46, a decrease of 12.02% from the end of the previous year[3]. - The total assets decreased to ¥3,191,008,762.46 in Q3 2024 from ¥3,626,925,257.48 in Q3 2023, a decline of approximately 12.0%[13]. - Current liabilities totaled ¥425,323,553.77 in Q3 2024, down from ¥843,877,279.18 in Q3 2023, indicating a reduction of about 49.6%[13]. - The total liabilities decreased to ¥487,764,362.88 in Q3 2024 from ¥906,497,685.03 in Q3 2023, reflecting a reduction of approximately 46.3%[13]. - The total liabilities decreased to ¥200,746,471.10 in Q3 2024 from ¥370,288,388.30 in Q3 2023, a reduction of 45.1%[22]. - The total equity of the company decreased to ¥2,122,893,606.75 in Q3 2024 from ¥2,193,264,730.48 in Q3 2023, a decline of 3.2%[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,638[7]. - The company repurchased 7,289,600 shares, representing 1.55% of total shares outstanding[9]. - The top two shareholders, Wang Changtu and Wang Qing, hold 48.10% and 20.62% of shares, respectively, indicating a strong family influence in ownership[9]. - The company has not reported any changes in the shareholding structure due to margin trading activities[10]. Investment and Research - The increase in net profit year-to-date was primarily due to a reduction in bad debt provisions and increased investment income from joint ventures[6]. - Research and development expenses for the third quarter of 2024 were ¥67,192,334.29, compared to ¥72,442,065.23 in the same quarter of 2023, showing a decrease of 7.3%[16]. - Research and development expenses for the first three quarters of 2024 were ¥20,776,727.25, down from ¥23,394,362.46 in the same period of 2023, a decrease of 11.0%[23]. - The company reported investment income of ¥22,245,562.38 for the first three quarters of 2024, compared to ¥16,647,148.65 in the same period of 2023, an increase of 33.8%[23]. - The company reported an increase in investment income to ¥23,908,272.35 in Q3 2024, up from ¥16,647,148.65 in Q3 2023, marking an increase of 43.5%[16].