Revenue and Profitability - Revenue for Q3 2024 reached ¥412,285,318.73, an increase of 24.52% year-over-year[1] - Net profit attributable to shareholders was ¥17,331,589.65, a significant increase of 777.93% compared to the same period last year[1] - The net profit after deducting non-recurring gains and losses was ¥11,251,298.90, up 644.62% year-over-year[1] - Basic earnings per share for Q3 2024 was ¥0.12, representing a 1,100.00% increase year-over-year[1] - Total operating revenue for Q3 2024 reached ¥1,164,272,756.52, an increase of 22.5% compared to ¥950,330,353.93 in the same period last year[19] - Net profit for Q3 2024 was ¥56,940,022.70, representing a 85.5% increase from ¥30,719,500.24 in Q3 2023[19] - Basic earnings per share increased to ¥0.38, up from ¥0.20 in the previous year[20] Cash Flow and Financial Position - Cash flow from operating activities for the year-to-date reached ¥57,093,528.55, reflecting a 567.53% increase compared to the previous year[1] - Cash flow from operating activities totaled ¥812,263,984.05, compared to ¥759,022,711.44 in the same quarter last year, reflecting a growth of 7.0%[21] - The net cash flow from operating activities increased significantly to ¥57,093,528.55 from ¥8,552,920.93 in the previous period, representing a growth of approximately 570%[22] - Cash inflow from investment activities totaled ¥478,997,088.38, up from ¥285,056,724.84, marking an increase of about 68%[22] - The total cash and cash equivalents at the end of the period stood at ¥335,021,421.85, an increase from ¥299,277,516.33[22] - The company reported a total cash outflow from operating activities of ¥755,170,455.50, slightly up from ¥750,469,790.51[22] Assets and Liabilities - Total assets as of September 30, 2024, were ¥2,792,135,874.82, a 2.42% increase from the end of the previous year[1] - The company's total current assets decreased to RMB 1,620,679,612.06 from RMB 1,710,167,007.74 at the beginning of the period, representing a decline of approximately 5.22%[15] - The company's total liabilities increased to RMB 1,118,355,122.27 from RMB 1,068,679,199.38, indicating an increase of about 4.67%[17] - The total assets of the company rose to RMB 2,792,135,874.82 from RMB 2,726,158,347.59, marking an increase of approximately 2.43%[17] - The company's fixed assets increased to RMB 841,303,384.82 from RMB 733,605,250.44, representing a growth of about 14.68%[15] Government Subsidies and Other Income - The company received government subsidies totaling ¥16,777,825.67 year-to-date, contributing to the increase in other income[2] - Other income significantly increased to ¥23,016,615.12, compared to ¥4,303,406.05 in the previous year[19] Research and Development - Research and development expenses rose to ¥56,799,344.10, an increase of 19.2% from ¥47,638,579.44 in Q3 2023[19] Expansion Projects - The company is in the construction phase of a PCB expansion project, with an investment of CNY 2.34 billion approved for the project[10] - The company successfully acquired land use rights for approximately 63 acres for the PCB expansion project, with a payment of CNY 39.65 million[11] - As of the report date, the PCB expansion project has not yet commenced production[11] Share Repurchase and Incentives - The company has repurchased a total of 1,515,400 shares, accounting for 1.00% of the current total share capital, with a total transaction amount of RMB 26,991,940[13] - The company plans to use the repurchased shares for employee stock ownership plans or equity incentives in the future[13] - The maximum repurchase price is set at RMB 24.90 per share, with a total repurchase fund not less than RMB 30 million and not exceeding RMB 50 million[13] Tax and Comprehensive Income - The company experienced a decrease in tax expenses, reporting ¥334,951.90 compared to a tax benefit of -¥1,411,006.16 in the previous year[19] - The company reported a total comprehensive income of ¥56,996,200.04, up from ¥30,979,943.52 in Q3 2023[20] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19]
金禄电子(301282) - 2024 Q3 - 季度财报