锦盛新材(300849) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥92,809,300.86, representing a 55.58% increase compared to the same period last year[3] - Net profit attributable to shareholders was ¥311,552.85, a significant increase of 103.90% year-on-year[3] - The company's basic earnings per share for the period was ¥0.0021, up 103.99% year-on-year[3] - Operating income for the first nine months of 2024 was ¥259,319,236.54, a 44.32% increase compared to the same period in 2023[7] - Net profit attributable to shareholders reached 874,000 yuan, reflecting a growth of 105.13% year-over-year[10] - The overall gross margin for the first nine months of 2024 was 18.83%, up from 12.43% in the same period last year, an increase of 6.40%[10] - The net profit for the current period was CNY 874,009.84, a significant improvement compared to a net loss of CNY 17,046,168.05 in the previous period[19] - The revenue for the current period was CNY 259,319,236.54, up from CNY 179,682,616.03 in the previous period, indicating a growth of approximately 44.3%[18] Asset and Liability Management - Total assets decreased by 10.51% from the end of the previous year, amounting to ¥762,782,515.65[3] - The company's total liabilities decreased significantly, with short-term borrowings down by 56.81% to ¥60,048,333.33[6] - The total assets decreased from CNY 852,355,845.49 to CNY 762,782,515.65, representing a decline of approximately 10.5%[16] - The company's total liabilities decreased from CNY 230,954,199.96 to CNY 140,506,860.28, a reduction of about 39.2%[16] - The short-term borrowings decreased significantly from CNY 139,044,573.61 to CNY 60,048,333.33, a reduction of about 56.8%[16] - The total liabilities to total assets ratio improved from approximately 27.1% to 18.4%[16] Cash Flow Analysis - The company’s cash flow from operating activities for the first nine months was ¥17,134,141.93, reflecting a 10.33% increase year-on-year[3] - Cash flow from operating activities was 171.34 million yuan, a 10.33% increase from 155.30 million yuan in the previous year[9] - Cash flow from investing activities showed a significant recovery, totaling 863.25 million yuan, compared to a negative 880.71 million yuan in the previous year, marking a 198.02% change[9] - Cash flow from financing activities was negative at -819.29 million yuan, a decrease of 208.65% from 754.09 million yuan in the previous year, primarily due to repayment of short-term loans[9] - Operating cash flow for the period was CNY 17,134,141.93, an increase from CNY 15,530,372.68 in the previous period, representing an increase of approximately 10.4%[21] - Cash inflow from investment activities was CNY 162,104,945.87, significantly higher than CNY 39,398,355.16 in the previous period, indicating a growth of approximately 311.5%[22] - Net cash flow from financing activities was -CNY 81,929,224.81, a decrease compared to a positive net cash flow of CNY 75,409,202.21 in the previous period[22] - The company reported a net increase in cash and cash equivalents of CNY 20,919,429.80 for the period, compared to CNY 3,778,739.86 in the previous period, showing a significant improvement[22] Shareholder Information - The company had a total of 7,709 common shareholders at the end of the reporting period[11] - The largest shareholder, Ruan Rongtao, holds 20.32% of the company's shares, while Ningbo Liyi Equity Investment holds 16.75%[11] Other Income and Expenses - The company reported a significant increase in other income, totaling ¥2,384,751.30, which is an 85.35% increase due to tax benefits from VAT policies[8] - The company experienced a 729.97% increase in asset impairment losses, amounting to -¥4,468,633.71, attributed to slower inventory turnover[8] - The company's operating profit showed a loss of CNY 203,632.69, compared to a loss of CNY 19,518,637.02 in the previous period, indicating an improvement[19] - Cash received from sales of goods and services was CNY 266,379,116.69, up from CNY 190,769,642.92, reflecting an increase of approximately 39.6%[21] - Cash paid for purchasing goods and services was CNY 148,551,762.14, compared to CNY 89,590,954.29 in the previous period, marking an increase of approximately 65.7%[21] - Cash inflow from investment recovery was CNY 145,000,000.00, a significant increase from CNY 38,000,000.00 in the previous period, representing an increase of approximately 280.3%[22] - Cash outflow for investment activities totaled CNY 75,779,932.30, a decrease from CNY 127,468,906.62 in the previous period, indicating a reduction of approximately 40.5%[22]