Financial Performance - The company's operating revenue for Q3 2024 was ¥285,281,828.51, a decrease of 1.91% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥51,964,328.82, an increase of 13.37% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥47,458,316.26, reflecting a 14.89% increase compared to the previous year[2]. - Basic earnings per share for Q3 2024 were ¥0.0972, up 13.34% year-on-year, while diluted earnings per share were ¥0.0928, an increase of 8.00%[4]. - Total revenue for the first three quarters of 2024 reached ¥874,700,078.10, an increase of 8.83% compared to ¥803,708,673.15 in the same period of 2023[13]. - Net profit for the first three quarters of 2024 was ¥162,475,399.24, compared to ¥129,045,640.60 in 2023, representing a growth of 25.9%[14]. - Total comprehensive income for the period reached ¥162,475,399.24, compared to ¥129,045,640.60 in the same period last year, representing an increase of approximately 25.9%[16]. Assets and Liabilities - Total assets at the end of Q3 2024 reached ¥6,652,877,860.38, representing a 7.55% increase from the end of the previous year[4]. - Shareholders' equity attributable to the parent company was ¥2,800,123,582.40, up 4.38% compared to the end of last year[4]. - Total current assets as of September 30, 2024, amounted to CNY 2,217,402,716.35, a decrease from CNY 2,287,452,051.92 at the end of 2023, reflecting a decline of approximately 3.06%[9]. - The total assets of the company as of the end of the third quarter of 2024 amounted to CNY 4,654,501,560.50, compared to CNY 4,593,515,220.07 at the end of the third quarter of 2023, representing an increase of 1.3%[21]. - The company's total liabilities decreased slightly to CNY 1,907,988,481.31 from CNY 1,909,915,028.29 year-over-year[21]. - Total liabilities increased to ¥3,720,780,150.79 in Q3 2024 from ¥3,373,425,968.59 in Q3 2023, reflecting a growth of 10.3%[12]. Cash Flow - The company reported a cash flow from operating activities of -¥25,777,931.30 for the year-to-date period[2]. - Cash inflow from operating activities totaled CNY 559,079,145.38 for the first three quarters of 2024, compared to CNY 470,874,169.74 in 2023, marking a growth of 18.7%[25]. - Cash inflow from operating activities for the first three quarters of 2024 was CNY 382,764,188.81, up from CNY 205,504,166.05 in the same period of 2023, representing an increase of 86.1%[25]. - Cash inflow from investment activities was ¥251,030,881.18, down from ¥332,596,627.63, indicating a decrease of approximately 24.5%[17]. - Net cash flow from financing activities improved to ¥223,717,353.46 from ¥32,266,186.02, showing a substantial increase[18]. - The company reported a net cash increase of -CNY 23,843,110.82 in Q3 2024, compared to -CNY 4,107,499.59 in Q3 2023, indicating a worsening cash position[26]. Research and Development - Research and development expenses increased to ¥30,639,354.00 in 2024 from ¥20,806,126.85 in 2023, marking a rise of 47.5%[14]. - Research and development expenses increased to CNY 19,122,276.61 in the first three quarters of 2024, up from CNY 13,262,034.00 in the same period of 2023, reflecting a growth of 44.3%[22]. Non-Recurring Gains and Other Income - Non-recurring gains included government subsidies of ¥5,265,001.33 for the current period[5]. - The total amount of non-recurring gains for the year-to-date period was ¥12,495,919.84[6]. - The company reported an investment income of ¥7,257,138.35 in 2024, a significant recovery from a loss of ¥4,079,836.93 in 2023[14]. Future Outlook and Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[2]. - The company has not reported any new product launches or technological advancements in this quarter[8]. - There were no indications of market expansion or mergers and acquisitions during the reporting period[8]. - The company did not provide specific future guidance or performance outlook in the current report[8].
海峡环保(603817) - 2024 Q3 - 季度财报