中来股份(300393) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥1,463,487,713.17, a decrease of 63.23% compared to the same period last year[1]. - The net profit attributable to shareholders was ¥2,178,595.77, down 99.12% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥12,389,076.78, a decrease of 105.27%[1]. - Total operating revenue for Q3 2024 was CNY 4,543,898,204.15, a decrease of 53.4% compared to CNY 9,740,735,416.08 in the same period last year[17]. - The net profit for Q3 2024 was a loss of CNY 330,218,848.66, compared to a profit of CNY 549,123,694.36 in Q3 2023, reflecting significant financial challenges[17]. - The net profit attributable to shareholders of the parent company for Q3 2024 was -303.70 million RMB, compared to a profit of 483.54 million RMB in the same period last year, representing a decrease of approximately 162.7%[18]. - The total comprehensive income for Q3 2024 was -326.17 million RMB, a significant decline from 553.40 million RMB in Q3 2023[18]. - The basic and diluted earnings per share for Q3 2024 were both -0.2787 RMB, compared to 0.4438 RMB in the same period last year, indicating a negative performance shift[18]. Cash Flow and Liquidity - The company's cash flow from operating activities showed a net outflow of -¥285,625,618.98, which is an improvement of 42.90% compared to the same period last year[1]. - Cash received from sales decreased by ¥3,862.34 million, a decline of 50.56%, primarily due to falling prices in the photovoltaic industry[7]. - Cash flow from operating activities showed a net outflow of -285.63 million RMB, compared to -500.20 million RMB in the previous year, indicating an improvement in cash flow management[19]. - The company reported cash inflows from operating activities totaling 4.34 billion RMB, down from 8.79 billion RMB year-on-year, reflecting a decrease of approximately 50.7%[19]. - The cash and cash equivalents at the end of Q3 2024 were 1.34 billion RMB, slightly up from 1.30 billion RMB at the end of Q3 2023[20]. - The company incurred a net cash outflow from investing activities of -272.01 million RMB, compared to -1.14 billion RMB in the same period last year, showing a reduction in investment losses[19]. - Financing activities generated a net cash inflow of 40.02 million RMB, a significant decrease from 2.06 billion RMB in Q3 2023[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥17,483,789,780.85, reflecting a 2.25% increase from the end of the previous year[1]. - The company's total liabilities increased to CNY 12,734,544,575.75 from CNY 11,872,881,572.14, indicating a rise in financial obligations[17]. - The total equity attributable to shareholders decreased to CNY 3,966,268,516.44 from CNY 4,416,733,955.07, reflecting a decline in shareholder value[17]. - The company reported a significant increase in lease liabilities by 684.28%, attributed to increased factory leasing activities[4]. Operational Efficiency - The gross profit margin for the reporting period was significantly impacted by a 53.35% decrease in revenue due to the decline in the photovoltaic industry chain prices[5]. - The inventory at the end of the reporting period decreased by 35.22%, indicating improved inventory turnover efficiency[4]. - Cash paid for purchasing goods and services decreased by ¥3,762.42 million, a decline of 54.68%, attributed to reduced sales volume and lower material procurement expenses[7]. - Research and development expenses for Q3 2024 were CNY 200,247,879.98, a decrease of 18% from CNY 244,400,533.31 in the previous year, suggesting a potential shift in R&D focus[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 62,321[9]. - The largest shareholder, Lin Jianwei, holds 16.58% of the shares, amounting to 180,685,737 shares[9]. - The company reported a total of 135,514,303 restricted shares held by director Lin Jianwei, with no shares released during the period[12]. - The total number of restricted shares decreased from 135,757,639 to 135,558,871 due to the unlocking of shares for departing executives[12]. Government Support - The company received government subsidies amounting to ¥20,893,197.93 in the current period, contributing to a 156.89% increase in other income[6]. - The company reported a significant increase in other income to CNY 76,913,378.53 from CNY 29,939,965.73, indicating improved performance in non-operating activities[17].