New Hongtai(SH:603016)2024-10-28 08:05Financial Performance - The company's operating revenue for Q3 2024 was ¥154,728,381.55, representing a decrease of 0.78% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥14,540,891.43, down 12.67% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,147,317.69, a decrease of 19.29% compared to the previous year[2]. - The basic and diluted earnings per share for Q3 2024 were both ¥0.1, reflecting a decline of 16.67% year-on-year[3]. - The weighted average return on equity for Q3 2024 was 1.74%, a decrease of 0.30 percentage points compared to the same period last year[3]. - The company reported a decrease in net profit for the year-to-date period of 2.07% compared to the previous year, totaling ¥52,177,881.80[2]. - Total operating revenue for the first three quarters of 2024 was CNY 470,164,692.14, a decrease of 1.83% compared to CNY 478,037,873.06 in the same period of 2023[14]. - Net profit for the third quarter of 2024 was CNY 53,969,263.88, slightly down from CNY 54,195,585.17 in the previous year, indicating a decrease of about 0.42%[15]. - The total equity attributable to shareholders of the parent company was CNY 828,484,903.14, down from CNY 831,422,541.34, a decrease of about 0.35%[13]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,054,929,585.46, down 0.99% from the end of the previous year[3]. - The company's total liabilities decreased to CNY 191,005,864.63 from CNY 197,416,367.71, representing a reduction of approximately 3.09%[13]. - The total number of common shareholders at the end of the reporting period is 11,422[7]. - The largest shareholder, Zhao Minhui, holds 26,250,000 shares, accounting for 17.72% of the total shares[7]. - The company has short-term borrowings of ¥15,200,000.00 as of September 30, 2024[11]. Cash Flow - The cash flow from operating activities for the year-to-date period increased by 23.11% to ¥78,582,520.29[6]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY 78,582,520.29, an increase of 23.1% compared to CNY 63,828,855.56 in the same period of 2023[18]. - Total cash inflow from operating activities reached CNY 400,929,822.77, up from CNY 391,415,697.82 in the previous year, reflecting a growth of 2.9%[18]. - Cash inflow from investment activities was CNY 941,470,750.82, compared to CNY 667,714,326.42 in the previous year, marking an increase of 41%[18]. - The net cash flow from investment activities was negative at CNY -117,981,616.81, worsening from CNY -98,229,128.18 in the same period last year[18]. - Cash inflow from financing activities totaled CNY 15,200,000.00, a significant increase from CNY 4,696,500.00 in the previous year[18]. - The net cash flow from financing activities was CNY -42,951,096.40, slightly improved from CNY -44,712,844.86 in the same period of 2023[18]. - The ending balance of cash and cash equivalents decreased to CNY 235,786,317.35 from CNY 249,743,543.85 year-over-year[19]. Costs and Expenses - Total operating costs for the first three quarters of 2024 were CNY 413,037,276.13, down from CNY 424,145,942.09 in 2023, reflecting a cost reduction of approximately 2.63%[14]. - Research and development expenses for the first three quarters of 2024 were CNY 18,855,064.38, down from CNY 22,638,026.16 in 2023, reflecting a decrease of approximately 16.5%[14]. - Cash outflow for employee compensation decreased to CNY 102,738,545.13 from CNY 104,977,981.42, indicating a reduction of 2.1%[18]. Non-Recurring Items - Non-recurring gains and losses for the current period amounted to ¥2,393,573.74, with significant contributions from government subsidies and financial asset disposals[5]. Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[16].