Delinhai(SH:688069)2024-10-28 09:52Financial Performance - The company's operating revenue for Q3 2024 reached ¥94,842,014.38, representing a year-on-year increase of 104.34%[1] - The net profit attributable to shareholders for the first three quarters of 2024 was ¥28,197,272.09, showing a year-on-year increase of 97.41%[1] - Basic earnings per share for Q3 2024 were ¥0.03, while diluted earnings per share were also ¥0.03[2] - Total operating revenue for the first three quarters of 2024 reached RMB 300,195,213.52, a significant increase from RMB 152,067,548.85 in the same period of 2023, representing a growth of 97.5%[20] - Operating profit for the third quarter of 2024 was RMB 31,223,085.99, compared to a loss of RMB 25,061,587.12 in the third quarter of 2023, indicating a turnaround in profitability[21] - Net profit for the first three quarters of 2024 was RMB 27,533,994.75, recovering from a net loss of RMB 18,893,373.31 in the same period of 2023[22] - Basic earnings per share for the third quarter of 2024 was RMB 0.25, compared to a loss per share of RMB 0.17 in the third quarter of 2023[22] - The total comprehensive income for the first three quarters of 2024 was RMB 27,533,994.75, compared to a loss of RMB 18,893,373.31 in the same period of 2023[22] Research and Development - The total R&D investment amounted to ¥4,382,284.59, which is a 14.49% increase compared to the same period last year[2] - The proportion of R&D investment to operating revenue decreased by 3.63 percentage points to 4.62% in Q3 2024[2] - Research and development expenses for the first three quarters of 2024 were RMB 12,253,483.34, slightly down from RMB 14,480,130.65 in the same period of 2023[20] - The self-developed "pollution sediment normalized precise governance integrated technology" has been successfully commercialized, receiving positive customer feedback[11] - The company's technology has been included in the Ministry of Water Resources' directory for advanced practical technologies[11] Orders and Backlog - The company reported a new order amount of 53 million RMB in Q3 2024, with total new orders reaching 319 million RMB, a year-on-year increase of approximately 207%[10] - The total backlog of orders is 578 million RMB, reflecting an 11% increase compared to the same period last year[10] Cash Flow and Financial Position - The net cash flow from operating activities for the first three quarters was a net outflow of ¥26,428,020.98[1] - Cash inflow from operating activities totaled RMB 244,410,378.40 in the first three quarters of 2024, up from RMB 171,426,614.24 in the same period of 2023, reflecting improved cash generation[23] - The company's total cash outflow from operating activities was RMB 270,838,399.38 in the first three quarters of 2024, compared to RMB 250,842,319.75 in the same period of 2023, showing increased operational expenditures[23] - The net cash flow from operating activities for Q3 2024 was -26,428,020.98 CNY, an improvement from -79,415,705.51 CNY in the same period last year[24] - The net cash flow from investing activities was 67,642,761.14 CNY, compared to -188,341,363.21 CNY in Q3 2023, indicating a significant recovery[24] - The net cash flow from financing activities was -107,264,965.44 CNY, worsening from -18,058,900.80 CNY in the previous year[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,634,671,621.92, a decrease of 2.85% compared to the end of the previous year[2] - The company's cash and cash equivalents decreased to RMB 154,383,332.61 from RMB 219,590,372.20 at the end of 2023[16] - Accounts receivable increased to RMB 449,682,623.89 from RMB 404,863,485.91 year-over-year[16] - Inventory rose significantly to RMB 94,725,364.66 compared to RMB 48,207,511.51 in the previous year[17] - The total liabilities increased to RMB 278,396,715.34 from RMB 252,567,809.71 year-over-year[18] - The company's equity attributable to shareholders decreased to RMB 1,353,278,559.32 from RMB 1,426,651,438.39[19] Strategic Focus and Projects - The company has adjusted its fundraising projects, focusing on the "Lake Ecological Hospital Project" with three key construction directions[1] - The company plans to optimize its fundraising projects by launching the "Lake Ecological Hospital Project," focusing on third-party governance models[12] - The "Lake Ecological Hospital Project" aims to develop a comprehensive diagnostic system for lake ecological protection and governance[12] - The company is focusing on the "Lake Ecological Hospital Project" to enhance its core competitiveness in lake eutrophication governance technology[14] - The company aims to build new productive forces in digital twin, carbon assets, and data assets through the implementation of new projects[14] Shareholder Returns - The company completed the second phase of share repurchase, acquiring 5,042,049 shares, representing 4.4620% of the total share capital, with a total transaction amount of RMB 80,004,670.62[15] - The company distributed a cash dividend of RMB 2.20 per 10 shares, totaling RMB 24,020,991.50, which accounts for 96.97% of the net profit attributable to shareholders for the first half of 2024[15]