电连技术(300679) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥1,188,507,561.30, representing a 41.50% increase compared to the same period last year[2] - Net profit attributable to shareholders was ¥151,025,088.79, up 23.53% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥148,581,669.44, an increase of 24.92%[2] - The basic earnings per share for the period was ¥0.36, reflecting a growth of 24.14% compared to the previous year[2] - Total operating revenue for Q3 2024 reached ¥3,332,731,161.62, a significant increase of 51.1% compared to ¥2,204,709,478.90 in the same period last year[18] - The net profit attributable to the parent company's shareholders for Q3 2024 was CNY 458,591,163.49, an increase from CNY 247,399,802.94 in Q3 2023, representing an increase of approximately 85.2%[20] - The total operating revenue for Q3 2024 reached CNY 3,019,649,895.09, compared to CNY 2,165,351,643.61 in the same period last year, indicating a growth of about 39.5%[21] - The company's operating profit for Q3 2024 was CNY 511,649,431.57, significantly higher than CNY 275,096,450.40 in Q3 2023, marking an increase of around 85.8%[19] - The total comprehensive income for Q3 2024 was CNY 475,823,766.02, compared to CNY 260,310,074.04 in Q3 2023, indicating a growth of about 83.0%[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥6,853,521,338.17, an increase of 8.88% from the end of the previous year[2] - The company’s total liabilities decreased significantly, with short-term borrowings reduced to zero from ¥150,487,500.00, marking a 100% decrease[6] - Total liabilities amounted to ¥6,853,521,338.17, representing an increase of 8.9% from ¥6,294,397,634.94[17] - The company's equity attributable to shareholders increased to ¥4,758,514,260.87, a rise of 7.51% from the previous year[2] - The company's equity attributable to shareholders reached ¥4,758,514,260.87, up 7.5% from ¥4,426,161,657.16[17] Cash Flow - The company reported a significant increase in cash flow from operating activities, totaling ¥495,933,456.75, which is up 44.65% year-to-date[2] - Cash received from operating activities decreased by 72.07% to ¥61,135,083.96 due to a reduction in receivables[8] - Cash received from financing activities surged by 2639.31% to ¥260,423,391.50, mainly from employee stock ownership plans and equity incentive payments[8] - The net cash flow from operating activities for Q3 2024 was ¥495,933,456.75, an increase of 44.7% compared to ¥342,854,746.09 in Q3 2023[22] - Total cash inflow from operating activities reached ¥3,115,169,487.47, up from ¥2,418,910,822.95, reflecting a growth of 28.8% year-over-year[22] - Cash outflow from operating activities was ¥2,619,236,030.72, compared to ¥2,076,056,076.86 in the previous year, marking an increase of 26.2%[22] - The net cash flow from investing activities was -¥432,427,988.30, worsening from -¥203,088,315.56 in Q3 2023[22] - The total cash and cash equivalents at the end of Q3 2024 were ¥1,112,039,687.16, down from ¥1,356,228,650.98 at the end of Q3 2023[23] - The company reported a negative net increase in cash and cash equivalents of -¥177,392,028.77 for the quarter, contrasting with a positive increase of ¥31,372,050.92 in Q3 2023[23] Research and Development - Research and development expenses for the period were ¥318,877,220.02, a 35.33% increase compared to the previous year, indicating a focus on innovation[7] - Research and development expenses increased to CNY 318,877,220.02 in Q3 2024, up from CNY 235,634,256.21 in Q3 2023, reflecting a rise of approximately 35.3%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,600[9] - The largest shareholder, Chen Yuxuan, holds 20.33% of shares, totaling 86,170,461[9] - The second-largest shareholder, Lin Deying, owns 10.15% of shares, amounting to 42,995,465[9] Stock Incentive Plan - The company announced that a total of 640,300 shares from the 2022 restricted stock incentive plan will be released, accounting for 0.15% of the current total share capital[14] - The first release period for the first category of restricted stocks includes 382,800 shares for 13 eligible incentive recipients, while 257,500 shares for 6 recipients in the reserved grant[14] - The second vesting period for the second category of restricted stocks involves 1,342,800 shares for 207 eligible recipients, with an adjusted grant price of 25.71 yuan per share[14] - The company held its 27th board meeting and 24th supervisory board meeting on July 5, 2024, to review and approve various proposals related to the restricted stock incentive plan[14] - The total number of shares held by executives and restricted stock holders is 66,350,882, with 339,550 shares currently under restriction[13] - The company plans to list the released shares on July 19, 2024, and the second category of restricted stocks on July 26, 2024[14] - The company has implemented adjustments to the grant price of the restricted stock incentive plan[14] - The total number of shares for the 2022 restricted stock incentive plan includes 330,000 shares reserved for future grants[12] - The company has a total of 179,900 shares held by other restricted stock shareholders from the 2022 incentive plan[12] - The company’s executives are subject to a transfer limit of 25% of their total shareholdings during their tenure[12]