长阳科技(688299) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥356,355,223.58, a decrease of 1.98% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥1,460,625.42, down 89.65% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥4,366,041.47, a decrease of 136.24% compared to the same period last year[2] - Net profit for Q3 2024 was CNY 18,518,061.27, a decrease of 75.7% compared to CNY 74,854,708.92 in Q3 2023[16] - Operating profit for Q3 2024 was CNY 28,878,304.66, down 62.2% from CNY 76,450,466.12 in Q3 2023[16] - Total comprehensive income for Q3 2024 was CNY 18,607,542.79, a decrease of 75.2% compared to CNY 75,177,844.48 in Q3 2023[17] - Basic earnings per share for Q3 2024 was CNY 0.07, down from CNY 0.26 in Q3 2023[17] Revenue and Costs - Total operating revenue for the first three quarters of 2024 reached CNY 1,003,390,053.09, an increase of 8.2% compared to CNY 927,068,372.14 in the same period of 2023[15] - Total operating costs amounted to CNY 951,423,918.46, up from CNY 831,583,161.47, reflecting a rise of 14.4% year-over-year[15] - Total revenue from operating activities for the first three quarters of 2024 reached CNY 981,934,665.01, an increase of 37.0% compared to CNY 716,459,983.61 in the same period of 2023[18] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥3,537,484,109.50, an increase of 6.01% from the end of the previous year[3] - The company's total assets increased to CNY 3,537,484,109.50, compared to CNY 3,336,968,510.17 at the end of the previous period[14] - Current assets totaled CNY 1,407,792,535.85, up from CNY 1,352,602,019.81, indicating a growth of 4.1%[12] - Non-current assets reached CNY 2,129,691,573.65, an increase from CNY 1,984,366,490.36, representing a growth of 7.3%[12] - Total liabilities rose to CNY 1,402,187,376.94, compared to CNY 1,156,064,457.48, marking an increase of 21.3%[13] - The company's equity attributable to shareholders decreased to CNY 2,135,296,732.56 from CNY 2,180,904,052.69, a decline of 2.1%[14] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥126,980,759.07, an increase of 62.19% compared to the same period last year[7] - Cash flow from operating activities for Q3 2024 was CNY 126,980,759.07, up 62.0% from CNY 78,289,654.70 in Q3 2023[19] - The company reported a significant increase in cash inflows from operating activities, totaling CNY 1,058,574,633.84 for the first three quarters of 2024, compared to CNY 830,618,195.63 in the same period of 2023[19] - Investment activities generated a net cash outflow of CNY 212,469,521.69 in the first three quarters of 2024, an improvement from a net outflow of CNY 576,992,467.09 in the same period of 2023[19] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,465, with a total of 8,205,518 shares repurchased, accounting for 2.82% of the total share capital[8] - The largest shareholder, Jin Yadong, holds 45,593,922 shares, representing 15.70% of the total shares[8] - The top ten shareholders include several institutional investors, with Ningbo Changyang Yonghui Investment Management holding 7,700,583 shares, or 2.65%[9] - The total number of shares held by the top ten unrestricted shareholders is 65,000,000, indicating a concentrated ownership structure[9] - There are no known related party transactions among the top shareholders, ensuring transparency in ownership[9] Research and Development - R&D investment totaled ¥18,888,159.65 in Q3 2024, representing 5.30% of operating revenue, a decrease of 0.43 percentage points year-on-year[3] - Research and development expenses were CNY 51,749,359.02, slightly down from CNY 52,169,362.19 in the previous year[15] Future Outlook - The company expects to reverse the current loss situation as production capacity is released in the future[6] - The company has not disclosed any new product developments or market expansion strategies during the reporting period[10] - The company did not provide any earnings guidance or forecasts for future performance[21] - The report does not indicate any strategic changes or new initiatives[21] Financial Reporting - The company reported its third-quarter results for 2024 on October 29, 2024[21] - The financial report includes adjustments due to the first-time execution of new accounting standards[21] - The board of directors announced the financial results in a formal notice[21] - The report consists of 13 pages detailing the company's performance and future outlook[21] - No specific performance metrics or user data were disclosed in the report[21] - There are no mentions of new products, technologies, market expansion, or mergers and acquisitions in the report[21] - The financial report is not applicable for the first-time execution of accounting standards[21]