金科环境(688466) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥148,711,999.58, representing a year-on-year increase of 4.25%[2] - The net profit attributable to shareholders for the same period was ¥13,700,067.12, a decrease of 27.23% compared to the previous year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,902,896.60, down 34.04% year-on-year[3] - The company achieved operating revenue of 393.39 million RMB in Q3 2024, a year-on-year decrease of 0.88%[11] - Net profit attributable to shareholders was 45.27 million RMB, down 27.46% year-on-year, while the net profit excluding non-recurring gains and losses was 40.30 million RMB, a decrease of 33.25%[11] - Net profit for the first three quarters of 2024 was CNY 52,318,973.51, down 18.49% from CNY 64,176,418.84 in the previous year[25] - The company's basic earnings per share for the current period was CNY 0.37, compared to CNY 0.51 in the same period last year[27] - The total comprehensive income for the period was CNY 17,719,841.64, down from CNY 48,248,487.65, reflecting a decrease of 63.24%[33] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,197,847,954.45, an increase of 3.64% from the end of the previous year[3] - The company’s total assets reached CNY 2,197,847,954.45, compared to CNY 2,120,624,835.50 in the previous year[22] - Total liabilities amounted to CNY 1,001,248,003.57, an increase from CNY 929,170,008.93 year-over-year[22] - The total liabilities decreased to CNY 470,940,225.43 from CNY 555,835,443.36, reflecting a reduction of approximately 15.27%[32] - Total equity attributable to shareholders was CNY 1,138,241,237.90, slightly down from CNY 1,143,752,110.51 in the previous year[22] - The total equity decreased to CNY 1,005,414,663.88 from CNY 1,037,778,024.56, a decline of approximately 3.13%[32] Cash Flow - The company's cash flow from operating activities for the period was ¥34,140,675.52, with a year-to-date increase of 9.58%[2] - The net cash flow from operating activities was 44.57 million RMB, reflecting a year-on-year increase of 9.58%[11] - Operating cash flow for the first three quarters of 2024 was CNY 44,565,464.24, an increase of 11.4% compared to CNY 40,670,952.21 in the same period of 2023[28] - The company reported a decrease in cash received from operating activities to CNY 371,120,767.67, down from CNY 570,945,496.70, a reduction of 35.00%[34] - Cash flow from operating activities showed a net outflow of CNY -74,276,539.90, compared to a net inflow of CNY 44,867,367.18 in the same period last year[34] Research and Development - Research and development expenses totaled ¥7,738,290.24, a decrease of 11.31% year-on-year, accounting for 5.20% of operating revenue[3] - The company continues to focus on the "resourceization, productization, and digitalization" strategy to address water pollution and shortages[11] - The company is committed to continuous R&D in software and hardware products to improve the intelligence level of its equipment[11] - Research and development expenses rose to CNY 15,184,307.73, an increase of 4.81% from CNY 14,487,117.67 in the previous year[25] - Research and development expenses increased to CNY 13,739,282.68, up from CNY 12,985,520.19, indicating a growth of 5.79%[32] Product Development and Innovation - The company launched the New Water Island 2.0 product, featuring upgraded AI algorithms for enhanced operational efficiency and safety[13] - The New Water Island 2.0 product incorporates modular design, allowing for efficient production and assembly, significantly reducing manufacturing costs[13] - The company has signed a cooperation agreement with Wuhan University to develop a new generation of operational prediction decision models, achieving an AI model accuracy of 90%[12] - The company has established a new sales network for the "New Water Island 2.0" product, collaborating with various organizations to promote environmental smart equipment innovation[14] - A production base for "New Water Island" has been set up in Taiyuan, which will support product delivery and market promotion[15][16] Market and Orders - As of September 30, 2024, the company has a total order backlog of 801.93 million yuan, representing a year-on-year increase of 15.64%[18] - The order backlog for water treatment technology solutions is 397.76 million yuan, up 4.13% year-on-year, while the backlog for wastewater resource recovery products is 230.46 million yuan, up 10.25%[18] - The company plans to continue expanding its domestic and international market efforts despite the challenges faced in project progress[7] Financial Challenges - The gross profit margin for the company was 36.87%, with a total gross profit of ¥14,503,510.00, a decrease of 4.56% year-on-year[7] - Total operating costs increased to CNY 338,587,467.35, up 4.06% from CNY 322,750,330.97 year-over-year[23] - The company reported a decrease in comprehensive income attributable to the parent company, totaling CNY 44,572,329.71 compared to CNY 62,240,328.16 in the previous year[27] - Financial expenses increased to CNY 5,334,639.32, up from CNY 3,809,295.42 in the previous year[25] - The company recorded a financial expense of CNY -156,977.56, a significant improvement compared to CNY -1,364,149.90 in the previous year[32]