Financial Performance - Operating revenue for the first nine months of 2024 was CNY 189,907,762.03, reflecting a growth of 5.34% from CNY 180,273,844.06 in the same period of 2023[3] - Net profit attributable to shareholders for the first nine months of 2024 decreased by 25.25% to CNY 25,082,775.10, down from CNY 33,555,475.00 in the previous year[3] - In Q3 2024, operating revenue increased by 30.54% to CNY 66,714,285.72, compared to CNY 51,104,928.33 in Q3 2023[3] - Total operating revenue for the first nine months of 2024 reached ¥189,907,762.03, an increase from ¥180,273,844.06 in the same period of 2023, reflecting a growth of approximately 9.04%[19] - Total operating costs increased to ¥159,051,899.89 from ¥141,707,526.16, representing a rise of about 12.16%[19] - Net profit for the first nine months of 2024 was ¥25,082,775.10, down from ¥33,555,475.00 in the same period of 2023, indicating a decline of approximately 25.3%[20] - Total comprehensive income for the first nine months of 2024 was 11,781,984.06 CNY, compared to 14,702,595.29 CNY in the same period of 2023[22] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was CNY 41,528,794.02, a decline of 30.93% compared to CNY 60,122,458.29 in the same period last year[3] - Cash flow from operating activities generated a net amount of 41,528,794.02 CNY, down from 60,122,458.29 CNY in the previous year[23] - Operating cash flow for the first nine months of 2024 was ¥14,976,486.05, a decrease of 52.5% compared to ¥31,467,267.51 in the same period of 2023[25] - Total cash inflow from operating activities was ¥66,656,163.63, down 13.6% from ¥77,208,375.28 year-on-year[25] - Cash outflow from operating activities increased to ¥51,679,677.58, up 12.5% from ¥45,741,107.77 in the previous year[25] - The net increase in cash and cash equivalents was -¥12,798,188.95, contrasting with a net increase of ¥22,443,880.41 in the same period of 2023[26] - The ending balance of cash and cash equivalents was ¥259,222,212.05, down from ¥278,081,533.17 at the end of the previous year[26] Assets and Liabilities - Total assets as of September 30, 2024, reached CNY 662,561,261.72, an increase of 2.81% compared to CNY 644,469,581.54 at the end of 2023[3] - The company's total liabilities to total assets ratio (consolidated) was 18.06% as of September 30, 2024, compared to 16.56% at the end of 2023[3] - Total liabilities increased to CNY 119,644,287.60 from CNY 106,713,388.11, which is an increase of about 12.1%[15] - The company's equity attributable to shareholders rose to CNY 542,916,974.12 from CNY 537,756,193.43, reflecting a growth of approximately 1.9%[15] - Current assets totaled CNY 442,782,510.99, up from CNY 419,902,945.70, indicating an increase of about 5.5%[14] - Inventory rose to CNY 79,590,364.24 from CNY 69,588,371.24, representing a growth of approximately 14.4%[13] - Accounts receivable increased to CNY 46,546,369.28 from CNY 40,275,273.90, marking an increase of around 15.6%[13] - The company has a total of 139,777,702.13 in assets that are frozen or pledged, which accounts for 21.10% of total assets[12] - The bank deposits frozen amount to 1,458,310.00, representing 0.22% of total assets[12] Shareholder Information - The total number of ordinary shares at the end of the reporting period is 74,733,333 shares[8] - The largest shareholder, Lio Group Co., Ltd., holds 24,503,051 shares, accounting for 32.79% of the total shares[8] - The second largest shareholder, Zhejiang Dano Machinery Co., Ltd., holds 16,563,080 shares, representing 22.16% of the total shares[8] - The total number of shareholders is 4,205[8] - There are no shareholders with pledged or judicially frozen shares[9] Research and Development - Research and development expenses for the first nine months of 2024 were ¥8,875,332.28, compared to ¥8,482,124.86 in the same period of 2023, reflecting an increase of approximately 4.64%[19] - Research and development expenses were 3,071,169.64 CNY, slightly up from 3,043,199.96 CNY year-on-year[21] Other Information - The company reported a significant increase in credit impairment losses by 2,454.65% due to a 30.54% rise in operating revenue and a 57.96% increase in accounts receivable[4] - The company has no significant litigation or arbitration matters during the reporting period[10] - There are no major related party transactions or external guarantees reported[10] - The company has disclosed commitments in its annual report dated April 20, 2023[11] - The company is focusing on expanding its market presence and enhancing its product offerings through new technology developments[16] - The company plans to focus on market expansion and new product development in the upcoming quarters[21]
浙江大农(831855) - 2024 Q3 - 季度财报