山东华鹏(603021) - 2024 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2024 was CNY 85,738,532.17, a decrease of 33.65% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was -CNY 32,293,049.34, an increase of 28.09% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was -CNY 98,791,245.31, a decrease of 34.77% compared to the previous year[3] - The basic earnings per share for the year-to-date was -CNY 0.30, a decrease of 37.50% year-on-year[3] - The weighted average return on net assets was -25.06%, a decrease of 12.93 percentage points compared to the previous year[3] - The net profit for Q3 2024 was -97,789,411.07 RMB, compared to -158,261,050.34 RMB in Q3 2023, showing an improvement of approximately 38.2%[15] - Operating profit for Q3 2024 was -97,010,788.50 RMB, an improvement from -158,354,558.10 RMB in the same period last year, indicating a 38.7% reduction in losses[15] - The total comprehensive income for Q3 2024 was -97,789,411.07 RMB, compared to -158,261,050.34 RMB in Q3 2023, reflecting a 38.2% improvement[16] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 1,694,426,593.09, down 7.95% from the end of the previous year[4] - Shareholders' equity attributable to shareholders at the end of Q3 2024 was CNY 104,915,323.39, a decrease of 48.11% compared to the end of the previous year[4] - Total assets decreased to RMB 1,694,426,593.09 from RMB 1,840,779,591.40, a decrease of 7.9%[13] - Total liabilities decreased to RMB 1,601,708,991.34 from RMB 1,649,991,207.78, a reduction of 2.9%[13] - Non-current assets totaled RMB 1,361,629,402.39, down from RMB 1,460,396,292.68, a decrease of 6.8%[12] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 29,398,976.36, an increase of 208.89% compared to the previous year[3] - Cash flow from operating activities generated a net inflow of 29,398,976.36 RMB, a significant recovery from a net outflow of -26,997,791.83 RMB in Q3 2023[17] - The net cash flow from financing activities was -77,840,630.69 CNY for Q3 2024, compared to -101,654,698.35 CNY in the same period last year[18] - Cash and cash equivalents at the end of Q3 2024 amounted to 29,158,857.10 CNY, a decrease from 85,223,640.58 CNY at the beginning of the period[18] - The total cash inflow from financing activities was 430,000,000.00 CNY, down from 650,000,000.00 CNY year-over-year[18] - The cash outflow for debt repayment was 455,000,000.00 CNY, compared to 639,900,000.00 CNY in the previous year[18] - The company reported a cash outflow from financing activities totaling 507,840,630.69 CNY, which is lower than 751,654,698.35 CNY from the same quarter last year[18] - The net increase in cash and cash equivalents for Q3 2024 was -5,365,434.61 CNY, compared to -55,364,263.15 CNY in the previous year[18] Operational Performance - The decline in revenue was primarily due to the shutdown of the Gansu subsidiary and major repairs at the headquarters' furnace, leading to reduced production[6] - Total operating revenue for the first three quarters of 2024 was RMB 288,380,414.83, a decrease of 28.4% compared to RMB 402,510,779.51 in the same period of 2023[14] - Total operating costs for the first three quarters of 2024 were RMB 375,011,778.07, down 29% from RMB 525,959,325.92 in the previous year[14] - Total revenue from sales of goods and services received was 235,255,447.06 RMB, down from 325,034,210.54 RMB in the previous year, representing a decline of 27.7%[16] Expenses - Research and development expenses increased to 9,789,091.58 RMB from 9,177,934.31 RMB, reflecting a growth of 6.7% year-over-year[15] - The company reported a decrease in management expenses to 40,464,893.12 RMB from 60,441,409.70 RMB, a reduction of 33.1%[15] - The investment income for Q3 2024 was 453,315.92 RMB, a recovery from a loss of -1,520,871.94 RMB in Q3 2023[15] Accounting Changes - The company has adopted new accounting standards starting from 2024, which may affect the financial statements[18]