中恒电气(002364) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥399,138,377.41, representing a 23.50% increase year-over-year[2] - Net profit attributable to shareholders decreased by 7.63% to ¥17,965,718.32, while net profit excluding non-recurring items surged by 580.33% to ¥17,381,747.36[2] - Year-to-date net profit attributable to shareholders increased significantly by 183.38% to ¥85,981,023.58[2] - Total operating revenue for the third quarter reached ¥1,178,974,725.99, an increase of 20.5% compared to ¥978,156,801.91 in the same period last year[15] - Net profit for the period was ¥83,049,252.60, up from ¥32,520,578.43, representing a growth of 155.9% year-over-year[16] - Operating profit for the quarter was ¥89,995,030.85, significantly higher than ¥31,090,035.98 in the previous year, indicating a growth of 189.5%[16] - The total comprehensive income attributable to shareholders of the parent company was ¥83,106,620.65, compared to ¥32,497,899.68, representing an increase of 155.7% year-over-year[16] Assets and Liabilities - The company's total assets as of the end of Q3 2024 amounted to ¥3,402,673,923.99, reflecting a 3.05% increase from the previous year[3] - The company's total assets increased to ¥3,402,673,923.99, compared to ¥3,302,020,502.47 in the previous year, reflecting a growth of 3.0%[14] - The total liabilities amounted to ¥1,019,964,272.09, an increase from ¥971,590,851.06, indicating a rise of 5.0%[14] - The company's total liabilities and shareholders' equity at the end of the period were not specified but are critical for assessing financial health[12] Cash Flow - Cash flow from operating activities showed a remarkable increase of 1,197.54% year-to-date, totaling ¥190,211,335.23[2] - The net cash flow from operating activities increased by 1197.54% year-on-year, reaching RMB 190,211,335.23, primarily due to increased cash received from sales of goods and services[9] - The cash inflow from operating activities for the current period reached ¥1,492,709,358.51, an increase of 28.5% compared to ¥1,161,059,238.52 in the previous period[17] - The net cash flow from operating activities was ¥190,211,335.23, significantly up from ¥14,659,394.19 in the same period last year[17] - Cash inflow from investment activities totaled ¥560,743,325.13, compared to ¥97,907,272.87 in the previous year, marking a substantial increase[18] - The net cash flow from investment activities was -¥218,177,865.46, worsening from -¥112,767,686.96 year-over-year[18] - Cash inflow from financing activities was ¥99,328,333.30, down from ¥209,042,569.46 in the previous period[18] - The net cash flow from financing activities decreased to -¥159,376,799.21 from ¥42,259,543.39 in the previous year[18] Shareholder Information - The major shareholder, Hangzhou Zhongheng Technology Investment Co., Ltd., holds 35.56% of the shares, with a total of 200,389,724 shares[10] Expenses - The company reported a significant increase in income tax expenses by 604.52% due to the increase in total profit[9] - Research and development expenses for the quarter were ¥104,912,219.14, compared to ¥99,544,773.08, marking a 5.0% increase year-over-year[15] Equity and Earnings - The company's earnings per share (EPS) for the quarter was ¥0.15, up from ¥0.06 in the same quarter last year, representing a 150% increase[16] - The total equity attributable to shareholders of the parent company was ¥2,361,560,567.04, compared to ¥2,306,374,702.98, reflecting a growth of 2.4%[14] Cash and Cash Equivalents - The company’s cash and cash equivalents decreased by 32.57% to ¥313,753,059.86, mainly due to increased purchases of time deposits[7] - The company's cash and cash equivalents decreased to RMB 313,753,059.86 from RMB 465,312,446.33[12] - The ending balance of cash and cash equivalents was ¥204,925,667.48, down from ¥252,754,169.02 at the end of the previous period[18] Inventory and Receivables - The accounts receivable decreased to RMB 845,846,724.49 from RMB 960,501,418.19[12] - Inventory increased to RMB 759,278,287.03 from RMB 605,139,879.34[12] Financial Expenses - The company reported a significant increase in financial expenses, which increased dramatically by 303.32% to -¥8,019,277.36, primarily due to higher interest income[8] - The company reported a decrease in short-term borrowings to ¥1,001,069.44 from ¥130,108,371.96, a reduction of 99.2%[14]