天洋新材(603330) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥341,721,896.48, a decrease of 12.47% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was a loss of ¥24,519,786.38, with a year-to-date loss of ¥28,936,428.21[2]. - Total operating revenue for the first three quarters of 2024 was CNY 1,000,165,803.82, a slight decrease of 0.03% compared to CNY 1,001,471,684.81 in the same period of 2023[13]. - Net profit for the first three quarters of 2024 was a loss of CNY 26,515,451.45, compared to a loss of CNY 22,836,990.22 in the same period of 2023[14]. - The total comprehensive income attributable to the parent company was -28,936,428.21 CNY, compared to -22,681,130.52 CNY in the same period last year, indicating a decline[15]. Cash Flow - The net cash flow from operating activities for Q3 2024 was -¥13,339,593.53, and the year-to-date cash flow was -¥55,223,469.16, reflecting a significant decrease of 485.09% year-on-year[2][6]. - Cash inflow from operating activities was 780,463,633.52 CNY, down from 870,512,106.15 CNY year-over-year, reflecting a decrease of approximately 10.6%[16]. - Cash inflow from investment activities totaled 281,300,986.83 CNY, down from 657,631,088.77 CNY, representing a decrease of about 57.3%[17]. - The net cash flow from investment activities was -234,309,027.30 CNY, compared to -433,872,544.25 CNY in the same period last year[17]. - Cash inflow from financing activities was 574,902,269.71 CNY, significantly lower than 1,522,754,469.97 CNY in the previous year[17]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥2,974,724,541.37, an increase of 3.27% from the end of the previous year[3]. - The company's total liabilities increased to CNY 1,239,045,137.30 in Q3 2024, up from CNY 1,073,117,958.41 in Q3 2023, reflecting a growth of 15.5%[12]. - The total equity attributable to shareholders decreased to CNY 1,722,783,938.26 in Q3 2024 from CNY 1,795,820,504.57 in Q3 2023, a decline of 4.06%[12]. - The company's cash and cash equivalents decreased to 239,275,808.51 RMB from 438,409,047.91 RMB, a decline of approximately 45.5%[9]. - The total current assets amount to 1,421,013,808.16 RMB, a decrease from 1,477,047,084.83 RMB at the end of 2023, representing a decline of approximately 3.6%[10]. Shareholder Information - The top ten shareholders hold a total of 26.41% of the shares, with the largest shareholder, Li Zhelong, owning 114,248,393 shares[8]. - The company has not reported any significant changes in the participation of major shareholders in margin trading or securities lending activities[8]. Research and Development - Research and development expenses for the first three quarters of 2024 amounted to CNY 26,020,454.47, a decrease of 13.5% from CNY 29,873,703.56 in 2023[13]. - Research and development expenses for the first three quarters of 2024 were ¥1,682,844.22, compared to ¥1,595,852.67 in the same period of 2023, showing an increase of 5.4%[22]. Market Conditions - The decline in net profit was primarily attributed to intense competition in the photovoltaic component industry, which affected the gross margin of encapsulant orders[6]. - The company reported a decrease in cash received from sales and services, contributing to the negative cash flow from operating activities[6]. - The company has not disclosed any new product developments or market expansion strategies in this report[2].