万控智造(603070) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥550,229,901.07, representing a decrease of 15.41% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥29,026,401.86, down 47.82% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥28,947,365.37, a decrease of 46.74% compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.07, reflecting a decline of 47.82% year-over-year[4] - Total operating revenue for the first three quarters of 2024 was CNY 1,514,381,744.40, a decrease of 10.73% compared to CNY 1,696,099,156.23 in the same period of 2023[16] - Net profit for the third quarter of 2024 was CNY 61,298,845.67, a decline of 56.1% from CNY 139,463,072.30 in the same quarter of 2023[18] - The net profit for the first three quarters of 2024 reached CNY 355,174,235.97, significantly up from CNY 63,260,942.09 in the first three quarters of 2023, representing a growth of 463.5%[27] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥3,030,980,501.23, down 9.19% from the end of the previous year[4] - The company's total assets decreased to CNY 3,030,980,501.23 in Q3 2024 from CNY 3,337,733,035.17 in Q3 2023, representing a decline of 9.2%[15] - Total liabilities decreased to CNY 931,787,634.81 in Q3 2024 from CNY 1,243,126,476.87 in Q3 2023, a reduction of 25.05%[15] - The total liabilities decreased to CNY 758,793,727.65 from CNY 1,221,894,967.14, indicating a reduction of 38.0% compared to the previous year[25] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥18,467,712.63, a significant decrease of 85.46% compared to the previous year[2] - The net cash flow from operating activities decreased to CNY 18,467,712.63 in Q3 2024 from CNY 127,053,889.62 in Q3 2023[21] - Cash inflow from operating activities amounted to CNY 1,329,156,547.86, an increase of 3.9% from CNY 1,278,642,411.94 in the same period of 2023[28] - The company reported a net cash outflow from financing activities of CNY -245,512,978.36 in Q3 2024, compared to a net inflow of CNY 103,107,522.04 in Q3 2023[21] - The net cash flow from financing activities was -¥384,391,246.17, contrasting with a positive flow of ¥118,876,654.96 in the previous year[29] Shareholder Information - The company has a major shareholder, Wan Control Group Co., Ltd., holding 57.98% of the shares[10] - The top ten shareholders collectively hold a significant portion of the company's equity, with the largest shareholder holding over 57%[10] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[12] Operational Metrics - The weighted average return on equity for Q3 2024 was 1.39%, a decrease of 1.35 percentage points compared to the previous year[4] - The company reported a decrease in sales expenses to CNY 87,416,664.75 in Q3 2024 from CNY 97,654,633.66 in Q3 2023, a reduction of 10.67%[18] - Research and development expenses for the third quarter of 2024 were CNY 50,582,221.85, down from CNY 58,075,866.66 in the same quarter of 2023, indicating a decrease of 12.83%[18] - The company's cash and cash equivalents showed a significant change, with short-term borrowings increasing to CNY 237,000,000.00 from CNY 228,420,979.17 in the previous year[15] Current Assets - As of September 30, 2024, the total current assets amounted to CNY 2,180,881,619.48, a decrease of 16.1% from CNY 2,598,022,360.09 at the end of 2023[13] - The cash and cash equivalents decreased to CNY 574,171,967.95 from CNY 1,040,960,425.91, representing a decline of 44.7%[13] - Accounts receivable increased significantly to CNY 1,074,556,492.63, up 63.3% from CNY 657,516,899.75[13] - Inventory decreased to CNY 201,340,683.50, down 15.0% from CNY 236,777,860.22[13] Non-Recurring Gains - The company recognized non-recurring gains of ¥79,036.49 for the current period, primarily from government subsidies and asset impairment reversals[6]