恒辉安防(300952) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2024 reached ¥357,873,906.93, an increase of 40.64% year-over-year[1] - Net profit attributable to shareholders was ¥44,902,707.04, a decrease of 12.48% compared to the same period last year[1] - Net profit excluding non-recurring items was ¥30,889,347.07, down 1.63% year-over-year[1] - Total operating revenue for the third quarter reached ¥871,619,511.92, an increase of 25.3% compared to ¥695,411,640.29 in the same period last year[11] - Net profit for the quarter was ¥100,916,465.17, representing a 3.5% increase from ¥97,213,241.26 in the previous year[12] - The total comprehensive income for the quarter was ¥103,382,182.09, compared to ¥97,654,041.74 in the previous year, indicating a growth of 5.6%[12] - The company reported a profit before tax of ¥118,193,109.31, compared to ¥111,232,064.93 in the previous year, reflecting a growth of 6.5%[12] Assets and Liabilities - Total assets increased to ¥2,621,093,951.95, reflecting a growth of 40.07% from the end of the previous year[1] - Total liabilities increased to RMB 1.29 billion from RMB 696.21 million, marking an increase of approximately 85.3%[10] - The company's total non-current assets reached RMB 1.23 billion, up from RMB 1.07 billion, indicating an increase of approximately 14.6%[10] Shareholders' Equity - Shareholders' equity rose to ¥1,241,443,841.22, an increase of 11.47% compared to the end of last year[1] - The company's equity attributable to shareholders reached RMB 1.24 billion, up from RMB 1.11 billion, reflecting a growth of about 11.6%[10] - Minority shareholders' equity increased to ¥88,172,278.96, up from ¥61,376,690.89 year-over-year, marking a growth of 43.7%[11] Cash Flow - Cash flow from operating activities showed a net outflow of ¥511,138.37, a decline of 100.76% year-over-year[1] - The company's net cash flow from operating activities decreased by 100.76%, resulting in a negative cash flow of ¥511,138.37, primarily due to increased inventory reserves to meet customer demand[5] - The total cash inflow from operating activities for the current period was ¥939,652,022.57, an increase of 6.5% compared to ¥879,228,420.45 in the previous period[13] - The net cash outflow from operating activities was ¥511,138.37, a significant decrease from a net inflow of ¥67,273,088.33 in the previous period[13] - Cash inflow from financing activities reached ¥737,808,300.72, a substantial increase from ¥195,609,798.00 in the previous period, representing a 276% growth[14] - The net cash flow from financing activities was ¥605,039,375.49, compared to ¥107,819,985.90 in the previous period, indicating a significant improvement[14] Inventory and Borrowings - Inventory increased by 42.04% to ¥432,266,520.45, driven by increased product orders and supply needs[4] - Short-term borrowings rose by 90.35% to ¥200,000,000.00 due to new working capital loans[4] - The company’s long-term borrowings increased to RMB 185 million from RMB 151.4 million, representing a growth of 22.2%[10] Financial Performance - Financial expenses increased by 166.56% to ¥2,109,283.27, mainly due to higher net interest expenses exceeding the increase in exchange gains[5] - Investment income rose by 216.39% to ¥485,595.62, attributed to increased returns from redeemed financial products[5] - Research and development expenses rose to ¥41,830,564.65, a 19.5% increase from ¥34,960,506.89 year-over-year[11] Other Comprehensive Income - The company reported a significant increase in other comprehensive income by 7,425.53% to ¥2,498,922.88, mainly due to increased foreign currency translation differences[5] Government Subsidies - The company received government subsidies amounting to ¥16,464,849.60 during the reporting period[2] Convertible Bonds - The company issued 5 million convertible bonds with a total fundraising amount of RMB 500 million, net proceeds amounting to RMB 492.6 million after deducting issuance costs[8] - The company issued convertible bonds, leading to an increase in other equity instruments and deferred income tax liabilities, with the latter rising by 1,508.67% to ¥11,539,361.41[5]