Financial Performance - Revenue for Q3 2024 reached ¥172,958,441.18, an increase of 3.19% year-over-year, while year-to-date revenue totaled ¥496,214,059.96, up 10.14% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥4,902,112.46, a decrease of 30.94% year-over-year, with year-to-date net profit at ¥19,967,113.20, an increase of 39.79%[2]. - The net profit margin for Q3 2024 was approximately 2.83%, down from the previous year's margin, indicating a decline in profitability[2]. - The company reported a net profit margin improvement, with net profit for the quarter reflecting operational efficiency gains[13]. - The net profit for Q3 2024 was CNY 18,099,576.53, an increase from CNY 14,283,917.41 in Q3 2023, representing a growth of approximately 26.5%[14]. - The total comprehensive income for Q3 2024 was CNY 18,100,719.33, compared to CNY 14,283,288.62 in the same period last year, indicating a year-over-year increase of about 26.5%[15]. - Basic and diluted earnings per share for Q3 2024 were both CNY 0.18, up from CNY 0.14 in Q3 2023, reflecting a 28.6% increase[15]. Cash Flow and Liquidity - The company's cash flow from operating activities showed a net outflow of ¥24,611,668.87, representing a significant decline of 276.90% year-over-year[6]. - Cash flow from operating activities for Q3 2024 was CNY -24,611,668.87, compared to CNY -6,530,083.39 in Q3 2023, showing a decline in cash flow[16]. - Cash inflow from investment activities was CNY 476,183,466.87 in Q3 2024, significantly higher than CNY 224,528,007.58 in Q3 2023, marking an increase of approximately 112.5%[16]. - Cash outflow from investment activities was CNY 508,437,085.21 in Q3 2024, compared to CNY 252,946,616.47 in Q3 2023, indicating a rise of about 100.5%[17]. - The net cash flow from financing activities for Q3 2024 was CNY 132,585,512.46, a substantial increase from CNY 495,376.78 in Q3 2023[17]. - The total cash and cash equivalents at the end of Q3 2024 amounted to CNY 448,880,992.13, up from CNY 242,655,415.61 at the end of Q3 2023, reflecting an increase of approximately 85.2%[17]. - The company reported a foreign exchange impact on cash and cash equivalents of CNY 1,300,775.79 for Q3 2024[17]. Assets and Liabilities - Total assets as of the end of Q3 2024 amounted to ¥1,358,076,130.13, reflecting a growth of 14.68% compared to the end of the previous year[2]. - The total liabilities increased to ¥279,431,653.34 from ¥203,213,982.09, indicating a rise in financial obligations[12]. - Non-current assets totaled ¥517,983,091.08, a substantial increase from ¥338,259,550.35, indicating long-term investment growth[11]. - The equity attributable to shareholders increased to ¥990,512,013.46 from ¥981,017,835.42, reflecting retained earnings growth[12]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,603[7]. - Major shareholder Mei Tan holds 25.71% of shares, totaling 28,360,341 shares[7]. - Major shareholder Chen Ling holds 20.88% of shares, totaling 23,032,193 shares, with 22,943,200 shares pledged[7]. - The total number of restricted shares at the beginning of the period was 47,833,733, with 12,604,418 shares released during the period[9]. - The company plans to release an additional 7,164,014 restricted shares on January 15, 2027[8]. - The total number of unrestricted circulating shares held by the top ten shareholders is 43,079,304[9]. - The company has seen an increase in restricted shares held by departing executive Tong Xiaogang, totaling 685,975 shares added during the period[8]. - The company’s major shareholders have agreed to act in concert as per the "Concerted Action Agreement" signed on August 19, 2021[7]. - The company’s stock structure includes a significant portion of shares held by natural persons, with the top three shareholders holding over 50% of the total shares[7]. - The company has not disclosed any changes in the top ten shareholders due to margin trading activities[8]. Research and Development - Research and development expenses increased by 30.16% year-over-year, totaling ¥25,588,471.42, primarily due to increased spending on the TAC film project[6]. - Research and development expenses increased to ¥25,588,471.42, compared to ¥19,659,166.38 in the previous year, indicating a focus on innovation[13]. Inventory and Operating Costs - The company reported a significant increase in inventory, which rose by 66.98% to ¥120,374,848.31, attributed to strategic stockpiling of raw materials[5]. - Operating costs for the quarter were ¥473,785,848.53, up from ¥434,594,471.24, reflecting a rise in operating expenses[13]. - Inventory levels rose significantly to ¥120,374,848.31 from ¥72,090,970.07, suggesting potential growth in sales or production[11]. Borrowings - Long-term borrowings reached ¥51,435,276.71, marking a 100% increase as the company utilized bank loans for project payments[6]. - The company experienced a 26664.58% increase in cash flow from financing activities, totaling ¥132,585,512.46, due to investments from minority shareholders and increased bank loans[6].
天禄科技(301045) - 2024 Q3 - 季度财报