鹿山新材(603051) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was CNY 495,611,005.46, a decrease of 39.32% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 168,354.95, down 93.90% year-on-year[2] - The net profit excluding non-recurring gains and losses for Q3 2024 was CNY -3,406,737.78, a decrease of 367.33% compared to the same period last year[2] - Basic earnings per share for Q3 2024 was CNY 0.002, a decrease of 93.33% year-on-year[3] - Total operating revenue for the first three quarters of 2024 was CNY 1,606,148,470.04, a decrease of 29.4% compared to CNY 2,275,466,298.96 in the same period of 2023[16] - The net profit for the first three quarters of 2024 was CNY 31,053,098.19, a significant recovery from a net loss of CNY 64,280,803.84 in the same period of 2023[17] - Earnings per share for the first three quarters of 2024 were CNY 0.34, compared to a loss per share of CNY 0.69 in the same period of 2023[17] - The diluted earnings per share for the third quarter of 2024 is CNY 0.34, compared to CNY -0.69 in the same period last year[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,703,292,815.65, a decrease of 1.35% from the end of the previous year[3] - The company's total current assets as of September 30, 2024, amount to 2,002,895,974.30 RMB, a decrease from 2,073,417,768.62 RMB at the end of 2023[12] - Total assets as of September 30, 2024, are 2,703,292,815.65 RMB, down from 2,740,270,374.42 RMB[13] - The company’s total liabilities decreased to CNY 1,338,509,589.14 from CNY 1,424,702,275.63, a reduction of 6.0%[16] - Total current liabilities slightly increased to 768,618,320.45 RMB from 766,126,601.26 RMB[13] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 235,595,507.67[3] - Cash inflow from operating activities for the first three quarters of 2024 is CNY 1,683,261,821.14, down from CNY 1,937,154,918.12 in 2023, representing a decrease of approximately 13.1%[18] - Cash outflow from operating activities for the first three quarters of 2024 is CNY 1,447,666,313.47, compared to CNY 2,230,225,883.48 in 2023, indicating a reduction of about 35.1%[18] - The net cash flow from operating activities for the first three quarters of 2024 is CNY 235,595,507.67, a significant improvement from CNY -293,070,965.36 in the previous year[18] - Cash inflow from investment activities for the first three quarters of 2024 is CNY 1,178,475,655.48, compared to CNY 659,849,675.97 in 2023, showing an increase of approximately 78.8%[20] - The net cash flow from investment activities for the first three quarters of 2024 is CNY -288,678,449.70, worsening from CNY -70,079,863.13 in the same period last year[20] - Cash inflow from financing activities for the first three quarters of 2024 is CNY 416,688,867.55, down from CNY 1,369,696,323.47 in 2023, a decrease of about 69.6%[20] - The net cash flow from financing activities for the first three quarters of 2024 is CNY 13,257,652.81, compared to CNY 487,252,489.45 in the previous year, indicating a decline of approximately 97.3%[20] - The ending cash and cash equivalents balance as of the end of the third quarter of 2024 is CNY 256,339,436.86, down from CNY 301,840,514.66 at the end of the same period last year[20] - The company reported a cash decrease of CNY 31,997,194.91 in the third quarter of 2024, contrasting with an increase of CNY 122,992,210.86 in the same quarter of 2023[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,035[8] - The largest shareholder, Wang Jiasheng, holds 34,192,501 shares, representing 36.24% of the total shares[8] Operational Metrics - The decline in revenue was primarily due to a decrease in the unit price of hot melt adhesive film[6] - The net profit decline was mainly attributed to a decrease in gross profit[6] - Total operating costs for the first three quarters of 2024 were CNY 1,608,995,179.80, down from CNY 2,358,427,819.96 in 2023, reflecting a reduction of 31.7%[16] - The company reported a gross profit margin of approximately 0.1% for the first three quarters of 2024, compared to a negative margin in the previous year[16] - Research and development expenses for the first three quarters of 2024 were CNY 59,884,509.45, down 19.3% from CNY 74,191,574.22 in 2023[16] - The company reported a decrease in sales expenses to CNY 19,877,485.74, down 40.5% from CNY 33,421,319.14 in 2023[16] - Other comprehensive income after tax for the first three quarters of 2024 was CNY 7,587,406.95, with no prior year comparison available[17] Return on Assets - The weighted average return on net assets was 0.01%, a decrease of 0.21 percentage points compared to the previous year[3]