CFMEE(SH:688630)2024-10-25 08:41Financial Performance - The company's operating revenue for Q3 2024 reached ¥268,474,331.08, representing a year-on-year increase of 30.87%[2] - The net profit attributable to shareholders for the same period was ¥54,381,590.80, reflecting an 18.85% increase compared to the previous year[2] - The net profit excluding non-recurring gains and losses for Q3 2024 was ¥49,195,173.13, a significant increase of 65.18% year-on-year[2] - Total operating revenue for the first three quarters of 2024 reached ¥717,908,620.89, a significant increase of 37.1% compared to ¥523,811,046.37 in the same period of 2023[18] - Net profit for the first three quarters of 2024 was ¥155,075,818.34, representing a 31.0% increase from ¥118,431,961.31 in 2023[20] - The total comprehensive income for the period reached ¥155,075,818.34, compared to ¥118,431,961.31 in the same period last year, reflecting a significant increase[21] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥2,698,468,007.05, an increase of 8.79% from the end of the previous year[3] - The company's total assets increased to ¥2,698,468,007.05 in Q3 2024, compared to ¥2,480,473,001.97 in Q3 2023, reflecting a growth of 8.8%[17] - Total liabilities rose to ¥641,326,774.97 in Q3 2024, up from ¥448,782,608.84 in Q3 2023, marking an increase of 42.9%[17] - The company's equity attributable to shareholders reached ¥2,057,141,232.08 in Q3 2024, compared to ¥2,031,690,393.13 in Q3 2023, an increase of 1.2%[17] Cash Flow - The cash flow from operating activities for the year-to-date period showed a net outflow of ¥41,478,260.22, a decrease of 71.86% compared to the previous year[2] - Cash inflow from operating activities totaled ¥515,797,584.64, up from ¥378,948,277.11 in the previous year[23] - The net cash flow from operating activities was -¥41,478,260.22, an improvement from -¥147,398,128.32 in the same period last year[23] - Cash inflow from investment activities was ¥511,624,047.79, a substantial increase from ¥15,029,785.42 in the previous year[24] - The net cash flow from investment activities was ¥102,857,209.93, compared to -¥140,645,400.04 in the same period last year[24] - The company reported a cash outflow from financing activities of ¥105,066,504.42, compared to an inflow of ¥783,670,546.84 in the same period last year[24] Research and Development - The company's R&D investment totaled ¥25,817,290.80, accounting for 9.62% of operating revenue, a decrease of 1.55 percentage points compared to the previous year[3] - Research and development expenses for the first three quarters of 2024 amounted to ¥74,751,860.34, up from ¥61,763,823.08 in 2023, indicating a growth of 20.9%[20] Shareholder Information - The company reported a total of 8,162 common shareholders at the end of the reporting period[10] - The largest shareholder, Cheng Zhuo, holds 36,787,490 shares, representing 27.99% of the total shares[10] - The company has no pledged or frozen shares among the top shareholders[10] - The total number of preferred shareholders with restored voting rights is zero, indicating no limitations on voting power for common shareholders[10] - The company has not reported any significant changes in shareholder participation in margin trading or securities lending activities[13] Inventory and Receivables - Cash and cash equivalents decreased to approximately ¥736.93 million from ¥898.31 million, a decline of about 17.96%[15] - Accounts receivable increased to approximately ¥877.97 million, up from ¥708.42 million, reflecting a growth of approximately 23.87%[15] - Inventory rose significantly to approximately ¥512.60 million, compared to ¥308.53 million, marking an increase of about 66.06%[15] Government Subsidies - The company reported government subsidies of ¥5,086,728.00 for the current period, contributing to its non-recurring gains[5] Strategic Focus - The increase in sales revenue and strategic focus on mid-to-high-end products were key drivers for the profit growth observed in the reporting period[9] Earnings Per Share - The basic earnings per share for the year-to-date period was ¥1.18, an increase of 32.58% year-on-year[3] - Basic and diluted earnings per share increased to ¥1.18 from ¥0.89 year-over-year[21]