扬电科技(301012) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥333,000,827.24, representing a 103.01% increase year-over-year, and total revenue for the year-to-date is ¥893,069,884.44, up 193.16% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥13,264,537.42, a 108.41% increase year-over-year, with a year-to-date net profit of ¥53,601,360.79, reflecting a staggering 1,829.06% growth[2] - The basic earnings per share for Q3 2024 was ¥0.0943, up 98.79% year-over-year, while the diluted earnings per share also stood at ¥0.0943, with a year-to-date figure of ¥0.3799, an increase of 1,580.97%[2] - The company reported a total profit of ¥62,236,031.26 for Q3 2024, a remarkable increase of 2,545.94% year-over-year, driven by higher operating revenue[7] - The net profit for the third quarter of 2024 was CNY 53,444,016.83, a significant increase from CNY 2,778,619.32 in the same period last year, representing a growth of approximately 1,826%[15] - Basic and diluted earnings per share for the quarter were CNY 0.3799, compared to CNY 0.0226 in the previous year, indicating a substantial increase in profitability[16] - The total comprehensive income for the quarter was CNY 53,444,016.83, reflecting the same growth trend as the net profit[15] Assets and Liabilities - The company's total assets as of the end of Q3 2024 amounted to ¥1,636,618,001.99, a 16.94% increase from the end of the previous year[2] - The total assets of the company reached ¥1,636,618,001.99, up from ¥1,399,576,293.61, indicating an increase of approximately 16.9%[12] - The company's total liabilities increased significantly, with accounts payable rising by 6,300% to ¥64,000,000.00, indicating a substantial increase in business activity[6] - The total liabilities increased to ¥494,853,120.43 from ¥266,810,090.94, reflecting a growth of about 85.2%[12] - The company's short-term borrowings increased by 98.64% to ¥288,022,943.30, reflecting a rise in business volume[6] - The company reported a significant increase in short-term borrowings, which rose to ¥288,022,943.30 from ¥144,997,682.98, an increase of about 98.7%[12] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was -¥31,373,625.24, a decrease of 47.97% compared to the previous year, primarily due to increased receivables[7] - Cash flow from operating activities showed a net outflow of CNY -31,373,625.24, compared to a net outflow of CNY -21,202,974.67 in the same quarter last year[16] - The company reported a net cash outflow from investing activities of CNY -168,635,925.70, compared to CNY -65,437,649.93 in the previous year, indicating increased investment activity[17] - Cash and cash equivalents decreased to ¥172,514,323.02 from ¥333,365,514.63, a decline of about 48.3%[11] - Cash and cash equivalents at the end of the period totaled CNY 170,625,002.81, down from CNY 371,482,358.51 at the end of the previous year[17] Research and Development - Research and development expenses for Q3 2024 were ¥18,517,582.73, marking an 87.43% increase compared to the same period last year, indicating a significant investment in innovation[7] - Research and development expenses for the quarter were ¥18,517,582.73, compared to ¥9,879,632.33 in the previous year, representing an increase of approximately 87.0%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,472[8] - The largest shareholder, Cheng Junming, holds 26.82% of the shares, totaling 38,220,000 shares[8] - Zhao Henglong, the second-largest shareholder, owns 8.93% of the shares, amounting to 12,720,200 shares[8] - The top ten shareholders collectively hold significant stakes, with the third-largest being a fund that owns 3.51% (5,000,000 shares)[8] - The company has a total of 67,310,190 restricted shares, with 28,665,000 shares being newly restricted during the reporting period[10] - Cheng Junming's restricted shares decreased from 38,220,000 to 28,665,000 due to executive lock-up conditions[10] - The company has not reported any changes in the top ten shareholders due to securities lending activities[10] - The report indicates that there are no preferred shareholders or changes in preferred shareholder status[10] - The company has a diverse shareholder base, including various investment funds and individual investors[9] Operational Performance - Total operating revenue for Q3 2024 reached ¥893,069,884.44, a significant increase from ¥304,637,906.27 in the same period last year, representing a growth of approximately 193.5%[14] - Total operating costs for Q3 2024 were ¥827,427,099.94, up from ¥297,180,008.79 in the previous year, indicating an increase of about 178.5%[14] - The company's net profit for the period was not explicitly stated, but the retained earnings increased to ¥202,228,398.20 from ¥162,695,680.41, reflecting a growth of approximately 24.3%[13] - Accounts receivable rose to ¥610,374,440.58 from ¥433,640,543.39, marking an increase of approximately 40.7%[11] - Inventory levels increased slightly to ¥299,455,674.17 from ¥292,560,045.66, showing a growth of about 2.0%[11] - The total operating expenses for the quarter were CNY 525,144,892.40, compared to CNY 175,202,635.36 in the previous year, indicating a rise in operational costs[16] - The company did not report any other comprehensive income for the quarter, maintaining a focus on net profit[15]