Financial Performance - The company's revenue for Q3 2024 was ¥84,374,337.09, a decrease of 15.07% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was -¥7,691,081.44, representing a decline of 14.12% year-over-year[2] - The basic earnings per share for Q3 2024 was -¥0.08, a decrease of 14.29% compared to the same period last year[2] - The net profit for Q3 2024 was CNY 32,085,517.76, a slight increase from CNY 31,999,737.18 in Q3 2023, representing a growth of 0.27%[15] - The total operating income for Q3 2024 was CNY 40,417,710.98, compared to CNY 38,316,787.35 in Q3 2023, indicating an increase of 5.46%[15] - The total comprehensive income attributable to the parent company's shareholders was CNY 35,128,889.31, up from CNY 34,605,965.87 in the previous year, an increase of 1.51%[15] - The basic and diluted earnings per share remained stable at CNY 0.35 for both Q3 2024 and Q3 2023[15] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥1,422,291,704.50, reflecting a growth of 5.08% from the end of the previous year[2] - Total assets increased to ¥1,422,291,704.50 from ¥1,353,476,384.29, a growth of 5.1%[14] - Total liabilities rose to ¥471,496,622.49 from ¥400,597,865.63, reflecting an increase of 17.7%[13] - The total equity attributable to shareholders at the end of Q3 2024 was ¥941,769,466.20, a slight increase of 0.10% from the previous year[2] - The company's equity attributable to shareholders increased slightly to ¥941,769,466.20 from ¥940,809,961.38[14] Cash Flow - Cash flow from operating activities showed a net outflow of -¥80,572,954.82, a decline of 21.98% year-over-year[2] - Cash flow from operating activities showed a net outflow of CNY 80,572,954.82, worsening from a net outflow of CNY 66,055,558.83 in the previous year[16] - The company's cash and cash equivalents decreased to ¥252,375,478.59 from ¥493,052,240.16, indicating a decline of 48.8%[12] - The cash and cash equivalents at the end of Q3 2024 were CNY 186,589,139.30, down from CNY 370,141,987.75 at the end of Q3 2023, a decrease of 49.61%[17] - Cash inflow from investment activities was CNY 323,679,680.70, significantly higher than CNY 100,854,392.63 in Q3 2023, marking an increase of 220.36%[16] - The company reported a cash outflow from investment activities of CNY 480,988,314.58, compared to CNY 185,392,745.45 in the same period last year, reflecting an increase of 159.73%[16] - The net cash flow from financing activities was negative at CNY -46,717,328.83, compared to a positive inflow of CNY 14,354,014.27 in Q3 2023[17] Receivables and Payables - The company's accounts receivable increased by 145.07% to ¥180,920,519.79, indicating a rise in outstanding payments[5] - Accounts receivable increased significantly to ¥180,920,519.79 from ¥73,823,212.83, representing a growth of 144.5%[12] - The company reported a significant increase in accounts payable by 40.38% to ¥116,777,713.84, reflecting higher unpaid procurement amounts[5] Income and Expenses - Other income for Q3 2024 was ¥3,103,433.78, up 31.54% from the previous year, mainly due to increased government subsidies[6] - Investment income rose by 52.00% to ¥1,239,876.14, attributed to gains from financial products[6] - Operating costs for Q3 2024 were ¥437,353,014.15, up from ¥409,404,243.14 in the same period last year, reflecting a rise of 6.5%[14] - Research and development expenses for Q3 2024 were ¥33,208,879.58, up from ¥27,727,300.75, indicating a rise of 19.6%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,954[7] - The largest shareholder, Zheng Jingmin, holds 42.37% of the shares, totaling 42,374,000 shares[7] - The company has approved a share repurchase plan using self-owned or self-raised funds, which is still in progress as of the reporting date[8] - The 2023 annual profit distribution plan includes a cash dividend of RMB 0.80 per 10 shares, based on a total share capital of 98,575,445 shares after excluding repurchased shares[9] - The 2024 semi-annual profit distribution plan includes a cash dividend of RMB 0.50 per 10 shares, also based on the same total share capital after excluding repurchased shares[10] Project Updates - The company has postponed several fundraising projects, including the "Smart Digital Factory Technology Transformation Project," with new completion dates set for June 30, 2025, and June 30, 2026[11]
农心科技(001231) - 2024 Q3 - 季度财报