Revenue and Profitability - Revenue for Q3 2024 reached ¥221,303,001.97, an increase of 59.65% compared to the same period last year[2] - Net profit attributable to shareholders was -¥18,582,935.32, a decrease of 47.18% year-on-year[2] - Net profit excluding non-recurring items was -¥27,968,046.56, down 102.16% from the previous year[2] - Total operating revenue for Q3 2024 reached ¥625,724,628.79, a significant increase of 67.2% compared to ¥374,099,282.33 in the same period last year[12] - Operating profit for Q3 2024 was reported at -¥57,074,356.04, worsening from -¥41,454,287.88 in Q3 2023[13] - Net profit attributable to shareholders of the parent company was -¥40,390,979.78, compared to -¥32,649,110.18 in the previous year, indicating a decline of 23.1%[13] - The company reported a total comprehensive loss of -¥43,119,325.81 for Q3 2024, compared to -¥34,480,756.95 in the same quarter last year[13] - Basic and diluted earnings per share were both -¥0.4215, reflecting a decline from -¥0.3407 in the previous year[13] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥1,876,301,682.69, reflecting a 40.29% increase from the end of the previous year[2] - Total assets increased to ¥1,876,301,682.69, up from ¥1,337,447,371.40, reflecting a growth of 40.4% year-over-year[11] - Total liabilities rose to ¥994,472,135.25, compared to ¥412,498,498.15 in the previous year, marking an increase of 141.5%[11] - Deferred tax assets increased to ¥72,926,345.46 from ¥54,699,730.42, indicating potential future tax benefits[10] Cash Flow and Financial Activities - Operating cash inflow for the period was CNY 608,951,360.51, an increase from CNY 486,587,448.14 in the previous period, representing a growth of approximately 25.1%[14] - Cash outflow from operating activities totaled CNY 633,296,074.84, compared to CNY 417,019,596.78 in the prior period, indicating a rise of about 52.0%[14] - Net cash flow from operating activities was negative at CNY -24,344,714.33, a decline from a positive CNY 69,567,851.36 in the previous year[14] - Cash inflow from investment activities was CNY 303,697,610.23, down from CNY 638,737,064.23, reflecting a decrease of approximately 52.5%[14] - Cash outflow from investment activities was CNY 393,092,083.58, compared to CNY 756,479,172.02 in the previous period, showing a reduction of about 48.0%[14] - Net cash flow from financing activities was CNY 118,667,292.95, a significant improvement from CNY -11,883,426.33 in the prior period[15] - The company recorded a net increase in cash and cash equivalents of CNY 8,012,374.70, contrasting with a decrease of CNY -59,024,352.27 in the previous year[15] - The ending balance of cash and cash equivalents was CNY 115,067,969.75, slightly up from CNY 110,177,187.08 in the prior period[15] - The company received CNY 136,000,000.00 from borrowings during the financing activities[15] - The company paid CNY 1,484,541.65 in dividends and interest during the financing activities, down from CNY 9,765,503.33 in the previous period[15] Inventory and Receivables - The company reported a significant increase in inventory, which reached ¥610,023,363.10, a rise of 174.74% due to increased stocking for customer requirements[5] - Accounts receivable increased by 32.15% to ¥274,380,892.62, driven by sales growth in the Vietnam subsidiary[5] - Accounts receivable increased to 274,380,892.62 RMB from 207,621,486.23 RMB, showing a growth in sales and credit extended to customers[9] - Inventory surged to 610,023,363.10 RMB, compared to 222,040,073.63 RMB at the beginning of the period, indicating a significant buildup of stock[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,563, reflecting a stable shareholder base[7] - The largest shareholder, Shenzhen Kaixin Investment Co., Ltd., holds 40.44% of the shares, with a total of 38,750,000 shares, indicating concentrated ownership[7] - The company did not declare dividends during the reporting period, leading to an 84.80% decrease in cash paid for dividends and interest to 1,484,541.65 RMB from 9,765,503.33 RMB[6] Financial Expenses and Subsidies - Financial expenses surged by 1398.20% to ¥9,711,655.39, attributed to exchange rate fluctuations and interest on short-term loans[5] - The company received government subsidies totaling ¥16,700,996.43, an increase of 382.27% compared to the previous year[5] - Cash received from other operating activities increased by 234.79% to 39,022,240.18 RMB from 11,655,651.81 RMB, due to increased subsidies and refunds for equipment purchases[6] Research and Development - Research and development expenses for Q3 2024 were ¥29,734,375.89, slightly down from ¥29,760,952.48 in Q3 2023, indicating stable investment in innovation[12]
凯旺科技(301182) - 2024 Q3 - 季度财报