Financial Performance - Net profit attributable to shareholders for the first nine months of 2024 was CNY 7,798,263.80, a decrease of 40.75% year-on-year[3] - Operating revenue for the third quarter of 2024 was CNY 27,372,620.01, representing a growth of 7.19% compared to the same period last year[3] - Total operating revenue for the first nine months of 2024 reached ¥74,028,086.96, an increase from ¥72,806,776.10 in the same period of 2023, representing a growth of approximately 1.67%[20] - Total operating costs for the first nine months of 2024 were ¥68,721,783.48, compared to ¥60,000,738.93 in the previous year, indicating an increase of about 14.5%[20] - Net profit for the first nine months of 2024 was ¥7,798,263.80, down from ¥13,161,006.95 in the same period of 2023, reflecting a decrease of approximately 40.5%[21] - Total comprehensive income for the first nine months of 2023 was CNY 7.80 million, down from CNY 13.16 million in the same period of 2022, indicating a decrease of approximately 40.00%[24] Assets and Liabilities - Total assets as of September 30, 2024, reached CNY 372,719,949.43, an increase of 2.59% compared to the end of the previous year[3] - Total liabilities reached ¥44,336,453.58, compared to ¥29,613,934.18, showing a substantial increase of approximately 49.6%[15] - The company's equity attributable to shareholders decreased slightly to ¥328,383,495.85 from ¥330,905,232.05, a decline of about 0.8%[15] - Current assets totaled ¥241,681,697.41, up from ¥236,310,311.63, indicating an increase of about 2.0%[13] - Non-current assets totaled ¥131,038,252.02, up from ¥127,005,225.31, indicating an increase of about 3.2%[14] Cash Flow - The company reported a net cash flow from operating activities of -CNY 5,445,516.77 for the first nine months of 2024, a decline of 186.52% year-on-year[5] - Operating cash inflow for the first nine months of 2024 was CNY 49,647,758.19, down 22% from CNY 63,632,584.36 in the same period of 2023[26] - Net cash flow from operating activities was negative CNY 5,445,457.28, compared to a positive CNY 6,294,025.20 in the first nine months of 2023[27] - Cash inflow from investment activities totaled CNY 110,676,183.20, a decrease of 52% from CNY 230,732,423.00 year-over-year[27] - Cash inflow from financing activities was CNY 47,105,145.39, a substantial increase from CNY 3,319,830.92 in the previous year[27] Shareholder Information - The total number of unrestricted shares at the end of the reporting period is 55,903,561, accounting for 65.00% of the total share capital[7] - The number of restricted shares is 30,096,439, representing 35.00% of the total share capital[7] - The largest shareholder, Wei Wenxu, holds 19,194,917 shares, which is 22.32% of the total shares[8] - The second-largest shareholder, Ma Junqiang, owns 14,410,068 shares, accounting for 16.76% of the total shares[8] - The total number of shareholders holding more than 5% of shares is 10, with a combined holding of 61,424,735 shares, or 71.42% of the total shares[8] Operational Insights - The company experienced a 304.81% increase in other income, totaling CNY 966,711.10, primarily due to VAT reductions in advanced manufacturing[5] - The company's short-term borrowings increased by 843.46% to CNY 18,020,000.00 due to increased bank loans for production needs[4] - The company's financial expenses rose by 107.94% to CNY 50,511.14 due to increased bank loan interest expenses[5] - Research and development expenses for the first nine months of 2024 were ¥4,985,634.25, a slight decrease from ¥5,497,853.38 in the same period of 2023, indicating a focus on cost management[20] - The company reported an increase in sales expenses to ¥5,201,700.64 from ¥4,210,247.80, reflecting a strategic push in marketing efforts[20] Future Outlook - Future outlook includes plans for market expansion and potential mergers or acquisitions to enhance growth opportunities[16] - The company plans to focus on market expansion and new product development in the upcoming quarters to improve financial performance[22]
科创新材(833580) - 2024 Q3 - 季度财报