兴森科技(002436) - 2024 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2024 reached CNY 1,470,396,547.99, an increase of 3.36% year-over-year[3] - Net profit attributable to shareholders was a loss of CNY 51,103,115.83, a decline of 129.64% compared to the same period last year[3] - The company’s basic and diluted earnings per share were both -CNY 0.03, reflecting a decrease of 130.00% year-over-year[3] - Operating profit for the current period was -¥356,570,163.63, a significant decline from a profit of ¥104,899,775.79 in the previous period[20] - Net profit attributable to shareholders of the parent company was -¥31,602,075.54, compared to a profit of ¥190,457,718.73 in the previous period, indicating a shift to a loss[21] - The company’s total comprehensive income for the current period was -¥302,356,758.34, compared to ¥190,024,456.30 in the previous period, indicating a significant decline[21] Cash Flow and Investments - Cash flow from operating activities showed a significant increase of 306.31%, totaling CNY 129,278,209.68 year-to-date[3] - The company reported a net cash flow from operating activities of ¥129,278,209.68, an increase from ¥31,817,454.75 in the previous period[22] - Cash recovered from investments surged by 192.26% to RMB 701,037,450.25 as a result of increased redemption of financial products[8] - Cash received from tax refunds increased by 118.74% to RMB 17,497,968.76 due to higher export tax rebates[8] - Total cash inflow from investment activities amounted to ¥773.16 million, compared to ¥748.52 million in the previous period, reflecting a slight increase[23] - Net cash flow from investment activities was negative at ¥1.13 billion, an improvement from a loss of ¥1.44 billion in the previous year[23] Assets and Liabilities - Total assets as of September 30, 2024, amounted to CNY 14,791,104,546.90, a decrease of 0.97% from the end of the previous year[3] - The company’s total assets decreased to ¥14,791,104,546.90 from ¥14,935,398,718.36, indicating a reduction in asset base[19] - Total liabilities increased from RMB 8,628,387,122.68 to RMB 8,881,874,804.65, representing an increase of approximately 3%[18] - The company’s total equity attributable to shareholders of the parent company decreased to ¥5,101,023,074.13 from ¥5,333,940,140.88 in the previous period[19] Shareholder Information - The total number of common shareholders at the end of the reporting period was 91,379[10] - The largest shareholder, Qiu Xingya, holds 14.46% of shares, totaling 244,376,552 shares[10] - Shareholder Wang Qinying holds a total of 50,585,615 shares, with 50,542,115 shares through a credit trading account and 43,500 shares through a regular account[12] Financial Management - The company’s short-term borrowings decreased by 67.59%, totaling CNY 142,550,170.38, due to capital structure optimization[6] - Cash received from borrowings decreased by 35.64% to RMB 2,004,442,884.53 due to fewer new borrowings in the current period[9] - Cash paid for debt repayment was ¥1.52 billion, slightly lower than ¥1.60 billion in the previous year[23] Expenses and Taxation - Tax and additional fees increased by 248.32% to RMB 69,027,449.40 due to higher urban maintenance and construction tax and education fees[7] - Financial expenses rose by 64.11% to RMB 108,554,470.94 primarily due to increased interest expenses[7] - Research and development expenses amounted to ¥320,908,889.18, down from ¥415,568,431.57 in the previous period, reflecting a decrease of 22.7%[20] Other Financial Metrics - The company recorded a loss of CNY 8,766,895.45 from non-recurring gains and losses in the current period[4] - The company’s goodwill increased from RMB 327,249,926.04 to RMB 407,717,251.84, reflecting an increase of approximately 25%[17] - The company decided not to adjust the conversion price of "Xingsen Convertible Bonds," despite triggering the downward adjustment clause[14] - The employee stock ownership plan's third lock-up period will expire on August 19, 2024, allowing for the release of 5,951,600 shares, which is 0.35% of the total share capital[12]