金辰股份(603396) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥658,303,703.94, representing a year-on-year increase of 12.86%[2] - The net profit attributable to shareholders for Q3 2024 was ¥16,416,950.96, a decrease of 33.67% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥16,064,306.59, down 15.31% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.12, a decline of 42.86% compared to the same period last year[3] - Total operating revenue for the first three quarters of 2024 reached ¥1,899,136,664.93, an increase of 9.9% compared to ¥1,727,854,972.76 in the same period of 2023[14] - The net profit for Q3 2024 was CNY 80,645,372.02, a slight increase from CNY 80,412,741.21 in Q3 2023, reflecting a growth of 0.29%[16] - The total profit for Q3 2024 was CNY 106,191,756.64, slightly up from CNY 101,834,383.39 in Q3 2023, representing an increase of 3.34%[16] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥5,743,445,097.02, an increase of 2.63% from the end of the previous year[3] - The equity attributable to shareholders at the end of Q3 2024 was ¥2,559,076,652.01, reflecting a significant increase of 67.35% year-on-year[3] - The company’s total cash and cash equivalents increased by 141.21 million yuan, attributed to increased sales collections and funds raised from stock issuance[7] - The company’s total liabilities decreased by 40.37 million yuan due to payments made to suppliers and the maturity of notes payable[7] - Total liabilities decreased to ¥3,145,479,721.64 from ¥4,019,283,312.26, a reduction of 21.7%[13] - Shareholders' equity increased to ¥2,597,965,375.38 from ¥1,577,023,107.07, reflecting a growth of 64.5%[13] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥157,193,144.24, indicating a decline of 161.14% compared to the previous year[3] - The cash flow from operating activities for the first three quarters of 2024 was negative at CNY -157,193,144.24, worsening from CNY -60,195,426.34 in the same period of 2023[18] - The net cash flow from investing activities for the year-to-date was -44.70 million yuan, mainly due to the use of raised funds for financial investments[8] - The net cash flow from financing activities for the year-to-date was 507.24 million yuan, primarily from funds raised through the issuance of shares to specific entities[8] - Net cash flow from investment activities was -179,210,508.42, compared to -123,847,160.26 in the previous period, indicating a decline in investment performance[19] - Total cash inflow from financing activities reached 1,386,540,375.72, significantly up from 490,230,951.60 in the prior period, reflecting increased financing efforts[19] - Net cash flow from financing activities was 943,426,862.56, a substantial increase from 155,364,306.05, showcasing improved capital management[19] - Cash and cash equivalents at the end of the period totaled 933,244,379.58, up from 279,622,329.95, indicating strong liquidity position[19] - The net increase in cash and cash equivalents was 615,635,858.39, contrasting with a decrease of -28,200,294.13 in the previous period, demonstrating improved cash generation[19] Operational Efficiency - The company reported a decrease in the weighted average return on equity to 0.62%, down 1.02 percentage points from the previous year[3] - The company reported a net profit margin improvement due to increased operational efficiency, although specific figures were not disclosed in the provided data[14] - The operating profit for Q3 2024 was CNY 114,196,511.40, compared to CNY 97,847,615.04 in Q3 2023, indicating an increase of 16.00%[16] - Research and development expenses for Q3 2024 were CNY 153,977,851.84, slightly up from CNY 153,336,654.89 in Q3 2023, showing a growth of 0.42%[16] Changes in Financial Position - The company recognized government subsidies amounting to ¥558,512.61 during the current period, contributing to its non-recurring gains[4] - The total non-recurring gains for the year-to-date were ¥2,044,195.37, after accounting for tax and minority interests[5] - The company experienced a reduction in prepayments by 45.90 million yuan as a result of tightened payment conditions[7] - The company’s long-term equity investments decreased by 32.68 million yuan due to impairment losses[7] - Long-term borrowings increased to ¥106,402,811.87 from ¥81,990,577.76, representing a rise of 29.7%[12] - The company has adopted new accounting standards starting in 2024, which may impact future financial reporting[20]