华旺科技(605377) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥904,550,709.19, a decrease of 19.44% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥106,372,889.03, down 33.89% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥100,009,835.93, a decline of 36.99% compared to the previous year[2] - Basic and diluted earnings per share for Q3 2024 were both ¥0.23, reflecting a decrease of 34.29% year-on-year[3] - Total operating revenue for the first three quarters of 2024 was CNY 2,851,105,671.98, a decrease of 4.4% compared to CNY 2,983,933,742.35 in the same period of 2023[13] - Net profit for the first three quarters of 2024 reached CNY 408,290,744.07, an increase of 3.5% compared to CNY 395,871,820.17 in the same period of 2023[16] - The company reported a total comprehensive income of CNY 408,235,001.67 for the first three quarters of 2024, compared to CNY 395,999,132.09 in the same period of 2023[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,108,863,380.93, a decrease of 1.77% from the end of the previous year[3] - The equity attributable to shareholders was ¥3,900,285,267.91, down 2.73% from the previous year[3] - Total liabilities as of the end of the third quarter of 2024 were CNY 2,208,578,113.02, slightly up from CNY 2,203,901,589.27 at the end of the same period in 2023[12] - The total equity attributable to shareholders of the parent company was CNY 3,900,285,267.91, down from CNY 4,009,722,291.81 in the previous year[12] - Current liabilities totaled ¥2,131,053,547.37, slightly increasing from ¥2,126,417,860.88, showing a marginal rise of about 0.03%[11] Cash Flow - Operating cash inflow for the first nine months reached CNY 4,177,623,907.97, an increase of 22.9% compared to CNY 3,396,994,729.19 in the same period last year[17] - Net cash flow from operating activities was CNY 364,702,569.97, a significant recovery from a loss of CNY 44,400,548.07 in the previous year[17] - Cash outflow from investment activities totaled CNY 160,938,247.32, down from CNY 319,415,291.00 in the same period last year, resulting in a net cash flow from investment activities of -CNY 141,873,308.21[18] - Cash inflow from financing activities was CNY 522,414,610.74, compared to CNY 851,579,986.12 in the previous year, leading to a net cash flow from financing activities of -CNY 315,111,951.94[18] - The company's cash and cash equivalents at the end of the period stood at CNY 2,094,032,073.93, slightly down from CNY 2,094,240,498.32 at the end of the previous year[18] Operational Insights - The decline in net profit for the current period was primarily due to a decrease in the average selling price of certain products[6] - Accounts receivable increased significantly to ¥762,072,056.37 from ¥338,568,022.98, marking a growth of approximately 125.5%[10] - The company's inventory decreased to ¥754,896,738.70 from ¥978,783,443.00, reflecting a reduction of about 23%[10] - The company's long-term assets were reported at ¥1,445,859,473.84, a slight decrease from ¥1,460,445,672.44, representing a decline of approximately 1%[11] Research and Development - Research and development expenses for the first three quarters of 2024 totaled CNY 81,479,596.10, a decrease of 5.5% from CNY 86,056,529.89 in the previous year[15] Other Notable Information - The company has not reported any significant changes in shareholder structure or major shareholder activities during the reporting period[8] - There are no new product launches or technological advancements mentioned in the current report, indicating a potential area for future focus[9] - The company has not disclosed any plans for market expansion or mergers and acquisitions in the near term, suggesting a stable operational strategy for the upcoming quarters[9] - The company did not adopt new accounting standards for the current year, maintaining consistency in financial reporting[19]