*ST西发(000752) - 2024 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2024 reached ¥106,360,012.06, an increase of 8.02% compared to the same period last year[3] - Net profit attributable to shareholders was ¥13,918,014.02, representing a significant increase of 139.74% year-over-year[3] - The net profit after deducting non-recurring gains and losses was ¥13,939,432.46, up 153.58% from the previous year[3] - Basic earnings per share for the quarter were ¥0.0530, reflecting a 140.77% increase compared to the same period last year[3] - The company reported a significant decrease in financial expenses, with a reduction of 101.30% to -CNY 350,601.02, as no large interest from litigation cases was accrued[8] - The company reported a net cash flow from operating activities of ¥75,369,106.54, which is a 92.48% increase year-over-year[3] - The company reported a significant recovery from a net loss of CNY 55,944,255.85 in the same period last year, marking a turnaround of over 200%[15] - Operating profit for the quarter was CNY 60,794,429.30, compared to an operating loss of CNY 45,856,789.52 in the previous year, indicating a substantial improvement[15] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥977,801,661.68, a 5.53% increase from the end of the previous year[3] - The total assets at the end of Q3 2024 amounted to CNY 977,801,661.68, up from CNY 926,558,573.00 at the beginning of the year, reflecting a growth of approximately 5.5%[14] - The total liabilities decreased to CNY 368,797,664.01 from CNY 376,432,926.36, indicating a reduction of about 2.7%[14] - The company's non-current assets totaled CNY 345,196,111.21, slightly down from CNY 347,349,833.27, a decrease of about 0.6%[13] - The company's inventory decreased to CNY 28,122,943.23 from CNY 30,386,849.98, a decline of approximately 7.4%[13] Shareholder Equity - Shareholders' equity attributable to the parent company was ¥135,605,027.30, up 21.50% from the end of the previous year[3] - The total equity attributable to the parent company increased to CNY 135,605,027.30 from CNY 111,613,159.83, marking an increase of about 21.5%[14] Cash Flow - The net increase in cash and cash equivalents was CNY 55,828,568.73, a 343.13% increase compared to the previous year, attributed to reduced capital expenditures and increased income[9] - Cash paid for fixed asset acquisitions decreased by 64.10% to CNY 19,582,437.81, indicating reduced spending on equipment updates[8] - The cash flow from operating activities generated a net inflow of CNY 75,369,106.54, compared to CNY 39,156,638.30 in Q3 2023, representing an increase of approximately 92.2%[18] - The beginning balance of cash and cash equivalents was ¥544,409,358.43, showing an increase from ¥89,377,583.79 year-over-year[19] - The ending balance of cash and cash equivalents reached ¥600,237,927.16, an increase of ¥66,415,389.42 compared to the previous year[19] Expenses - Sales expenses increased by 73.13% to CNY 10,023,050.29 due to enhanced marketing efforts during the reporting period[8] - Management expenses rose by 40.45% to CNY 37,769,758.87 primarily due to increased restructuring and litigation costs[8] - Tax expenses rose by 98.63% to CNY 8,843,295.55, reflecting increased income and reduced credit impairment losses[8] - The company incurred sales expenses of CNY 10,023,050.29, which is an increase of 73.5% from CNY 5,789,413.85 in the same quarter last year[15] - Management expenses rose to CNY 37,769,758.87, up from CNY 26,891,456.41, reflecting a year-over-year increase of approximately 40.5%[15] - The company reported a tax expense of CNY 8,843,295.55, compared to CNY 4,452,215.53 in the previous year, indicating a rise of about 98.5%[15] Legal and Regulatory - The company is currently involved in multiple legal proceedings, including appeals related to civil judgments, which may impact future operations[13] - The Q3 2024 report has not been audited[19] - The company has adopted new accounting standards starting from 2024, affecting the financial statements[19]