Revenue and Profit - Revenue for Q3 2024 was CNY 113,466,892.19, a decrease of 18.16% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 19,234,145.31, down 44.18% year-on-year[2] - Basic earnings per share decreased by 56.76% to CNY 0.16[2] - Total operating revenue for the current period is ¥331,809,994.02, a decrease of 33.9% compared to ¥502,152,833.25 in the previous period[15] - Net profit for the current period is ¥61,530,354.86, a decline of 52.1% from ¥128,695,523.92 in the previous period[16] - Basic and diluted earnings per share for the current period are both ¥0.51, compared to ¥1.39 in the previous period[17] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,523,527,578.44, a decline of 8.97% from the end of the previous year[2] - The company's total liabilities decreased from ¥158,265,254.51 to ¥76,363,138.62, a decline of approximately 51.8%[14] - The company's total equity attributable to shareholders decreased from ¥1,515,334,550.81 to ¥1,447,845,938.32, a decrease of about 4.45%[14] - The company's long-term assets increased from ¥375,783,558.98 to ¥404,032,023.17, an increase of about 7.6%[13] Cash Flow - Cash flow from operating activities decreased by 30.67% year-on-year, primarily due to reduced sales revenue[5] - Cash flow from operating activities for the current period is ¥69,419,396.27, down 30.7% from ¥100,133,510.23 in the previous period[17] - The net cash flow from investment activities was -262,980,556.15 CNY, compared to -34,174,847.28 CNY in the previous period, indicating a significant increase in cash outflow[18] - The total cash inflow from financing activities was 4,643,193.96 CNY, down from 23,934,488.04 CNY in the previous period, reflecting a decrease in financing received[18] - Cash outflow from financing activities totaled 186,724,551.73 CNY, compared to 9,043,183.24 CNY in the previous period, showing a substantial increase in cash payments[18] - The net increase in cash and cash equivalents was -376,565,752.95 CNY, compared to an increase of 81,846,205.48 CNY in the previous period, indicating a decline in liquidity[18] - The ending balance of cash and cash equivalents was 679,542,121.24 CNY, down from 1,056,107,874.19 CNY at the beginning of the period[18] Expenses - Management expenses increased by 66.89% year-on-year, attributed to higher personnel costs and increased business expenses[4] - Research and development expenses for the current period are ¥13,837,132.42, a decrease of 11% from ¥15,533,095.01 in the previous period[15] - Management expenses increased to ¥31,587,855.75, up 67% from ¥18,927,419.68 in the previous period[15] - Tax expenses for the current period are ¥8,783,788.19, down 51.6% from ¥18,118,735.57 in the previous period[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,273[6] - As of September 30, 2024, the company has repurchased a total of 1,280,554 shares, accounting for 1.04% of the total share capital, with a total transaction amount of ¥25,754,743.20[11] Other Information - Non-recurring gains and losses totaled CNY 2,723,521.03 for the current period[3] - The company has not disclosed any new product developments or market expansion strategies in the current report[11] - The company has not undergone an audit for the third quarter report, which may affect the perception of financial reliability[19]
兴欣新材(001358) - 2024 Q3 - 季度财报