银禧科技(300221) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥540,131,070.67, representing a 21.20% increase compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥12,955,142.39, up 24.44% year-on-year[2]. - The net profit after deducting non-recurring gains and losses decreased by 39.65% to ¥12,652,033.61 in Q3 2024[2]. - For the first nine months of 2024, the company achieved a total revenue of ¥1,415,545,968.59, a growth of 17.25% year-on-year[5]. - Total operating revenue for Q3 2024 reached ¥1,415,545,968.59, an increase of 17.3% compared to ¥1,207,263,275.21 in Q3 2023[21]. - Net profit for Q3 2024 was ¥38,533,886.02, compared to ¥27,462,593.01 in Q3 2023, representing a growth of 40.5%[21]. - The net profit attributable to shareholders of the parent company for Q3 2024 was ¥39,148,494.69, an increase of 46.8% compared to ¥26,693,556.14 in the same period last year[22]. - The total comprehensive income attributable to shareholders of the parent company reached ¥39,160,838.51, up 42.4% from ¥27,529,268.93 year-on-year[22]. - The basic earnings per share for Q3 2024 was ¥0.0857, compared to ¥0.0592 in the previous year, reflecting a growth of 45.5%[22]. Assets and Liabilities - The company's total assets as of the end of Q3 2024 amounted to ¥2,217,444,405.71, reflecting a 20.17% increase from the end of the previous year[2]. - Total assets reached ¥2,217,444,405.71, up from ¥1,845,268,199.04, a growth of 20.1%[20]. - Total liabilities increased to ¥864,504,727.34 from ¥516,427,748.90, representing a rise of 67.3%[20]. - The company's equity attributable to shareholders increased by 1.79% to ¥1,327,181,863.01 compared to the end of the previous year[2]. - The company's equity attributable to shareholders increased to ¥1,327,181,863.01 from ¥1,303,868,026.09, a growth of 1.8%[20]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥29,532,713.96 for the year-to-date, a decline of 138.18% year-on-year[2]. - The net cash flow from operating activities decreased by 138.18% to -CNY 29,532,713.96, driven by increased cash payments for goods and services[8]. - Cash inflow from operating activities totaled ¥1,228,657,480.68, an increase of 10.8% from ¥1,108,831,724.82 in the same period last year[23]. - The net cash flow from financing activities increased by 629.47% to CNY 127,496,381.62, primarily from increased bank loans[8]. - The net cash flow from financing activities was ¥127,496,381.62, a significant improvement from -¥24,079,881.77 in the same period last year[24]. Inventory and Accounts - The company reported a significant increase in inventory, which rose by 34.71% to ¥277,081,347.63, attributed to higher revenue[5]. - Inventory increased to ¥277,081,347.63 from ¥205,682,325.87, reflecting a 34.7% increase[20]. - Accounts payable rose by 33.05% to CNY 331,675,209.19, reflecting higher procurement of raw materials[6]. - Accounts receivable rose to ¥545,034,165.98 from ¥475,969,205.57, indicating a growth of 14.5%[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,283[9]. - The largest shareholder, Lin Dencan, holds 1.92% of the shares, totaling 9,170,700 shares[9]. - The total number of restricted shares at the beginning of the period was 22,085,773, with 631,906 shares released during the period, resulting in an ending total of 25,239,117 shares[13]. - The largest shareholder, Lin Dancang, held 7,553,025 restricted shares at the beginning of the period, with 525,000 shares released, leaving 6,478,025 shares[11]. - The company has a total of 4,600,000 restricted shares held by shareholder Tan Wenzhao, with no shares released during the period[12]. - The total number of shares held by the top 10 shareholders is significant, with a combined total of 6,629,100 shares held by various accounts[10]. Research and Development - The company reported R&D expenses of ¥75,079,856.61 for Q3 2024, compared to ¥58,150,345.59 in Q3 2023, an increase of 29.0%[21]. Future Plans and Projects - The company plans to adjust its product structure and optimize formulations to continue expanding market share amid a complex external environment[5]. - The company plans to grant 12.96 million shares of restricted stock under the 2024 incentive plan, with an initial grant of 10.37 million shares and a reserve of 2.59 million shares[14]. - The company has completed the repurchase and cancellation of 7.91 million shares of restricted stock from the 2021 incentive plan due to performance assessment not meeting targets[16]. - The "Yinxin High Polymer New Materials Industrial Park Project" has completed factory construction and commenced production[17]. - The company has initiated production line testing for the Zhuhai production base construction project[17].