津膜科技(300334) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥36,198,576.65, an increase of 1.14% compared to the same period last year, while the year-to-date revenue reached ¥168,931,536.64, reflecting a growth of 31.22%[2] - The net profit attributable to shareholders for Q3 2024 was -¥13,288,020.70, a decrease of 262.44% year-on-year, with a year-to-date net profit of -¥11,883,735.60, showing a reduction in losses of 17.71%[2] - The company reported a significant increase in sales of separation membranes and water treatment equipment, contributing to a year-to-date revenue growth of 31.22%[5] - The company's operating revenue for Q3 2024 reached ¥168,931,536.64, representing a 31.22% increase compared to ¥128,736,344.08 in the same period last year[8] - Operating costs increased by 36.77% to ¥121,395,696.06 from ¥88,761,823.55, primarily due to the growth in revenue from water treatment projects and sales of separation membranes and equipment[8] - The net loss for Q3 2024 was ¥11,787,779.78, an improvement of 16.45% from a loss of ¥14,108,255.03 in the previous year[8] - The company reported a gross profit margin of approximately 27.5% for Q3 2024, compared to 30.9% in Q3 2023[19] - The total comprehensive income for the third quarter was -11,787,779.78 CNY, compared to -14,108,255.03 CNY in the previous period[21] - The basic and diluted earnings per share were both -0.04 CNY, an improvement from -0.05 CNY in the previous period[21] Cash Flow and Financial Management - The net cash flow from operating activities for the year-to-date period was -¥29,381,442.77, which is an improvement of 69.70% compared to the same period last year[2] - Cash flow from operating activities generated a net outflow of -29,381,442.77 CNY, compared to -96,975,607.06 CNY in the previous period, indicating a significant reduction in cash burn[23] - Cash inflow from operating activities totaled 149,758,027.85 CNY, down from 154,002,154.07 CNY in the previous period[22] - Cash outflow for operating activities was 179,139,470.62 CNY, compared to 250,977,761.13 CNY in the previous period, showing improved cash management[23] - Cash flow from investing activities resulted in a net outflow of -451,531.40 CNY, a significant decrease from 395,082,489.35 CNY in the previous period[23] - Cash flow from financing activities showed a net outflow of -181,243.10 CNY, compared to -270,283,511.93 CNY in the previous period, indicating better financing management[23] - The company reported a cash balance of ¥59,455,059.09, a decrease from ¥87,357,129.30 in the previous period, indicating a decline of approximately 32%[16] - The company’s cash and cash equivalents were reported at CNY 3.69 million, a decrease from CNY 5.11 million in Q3 2023, reflecting a decline of 28.0%[18] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥916,468,991.27, a decrease of 5.02% from the end of the previous year[2] - The company's long-term investments slightly decreased by 0.13% to ¥96,549,444.12, reflecting stability in investment strategy[6] - The company’s total assets as of Q3 2024 were CNY 916.47 million, down from CNY 964.95 million in Q3 2023, a decrease of 5.0%[18] - Total liabilities decreased to CNY 312.45 million in Q3 2024 from CNY 349.15 million in Q3 2023, a reduction of 10.5%[18] - The company’s contract assets increased by 90.82% to ¥25,968,921.06, attributed to the rise in rights to collect payments for water treatment services provided[6] - The company experienced a 42.92% decrease in contract liabilities to ¥14,645,590.55, primarily due to the delivery of previously received advance payments[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,710, with the largest shareholder,航膜科技发展集团有限公司, holding 23.63% of the shares[9] - The company has a significant shareholder,航膜科技发展集团有限公司, holding 71,372,565 shares, representing a substantial portion of the total shares[11] - The company completed a share buyback plan, acquiring 3,042,900 shares, which represents 1.01% of the total share capital, for a total amount of ¥15,033,615[14] - The company’s major shareholders have not participated in any share lending activities during the reporting period[11] Research and Development - Research and development expenses decreased by 9.99% to ¥19,899,426.96 from ¥22,107,934.14, indicating a focus on cost management[8] - Research and development expenses decreased to CNY 19.90 million in Q3 2024 from CNY 22.11 million in Q3 2023, reflecting a reduction of 10%[20] Future Outlook - The company anticipates that recent government policies will enhance project investment demand in the municipal and industrial water treatment sectors, positively impacting future performance[5] - The company aims to accelerate the implementation of existing orders and improve cash flow management in the fourth quarter[5] - The company plans to continue expanding its market presence in water treatment and separation technology, leveraging its increased contract assets[6] Governance and Legal Matters - The company announced a change in its independent director, with the departure of Mr. 郭有智 after six years of service[15] - The company is involved in ongoing litigation related to shareholder disputes, with appeals filed against a civil judgment[13]