福蓉科技(603327) - 2024 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2024 reached ¥689,975,181.16, an increase of 24.79% year-over-year[2] - Net profit attributable to shareholders was ¥37,798,917.18, a decrease of 55.26% compared to the same period last year[2] - Basic earnings per share for Q3 2024 was ¥0.0508, down 55.16% year-over-year[2] - Total operating revenue for the first three quarters of 2024 reached ¥1,732,492,597.49, an increase of 21.98% compared to ¥1,419,571,252.90 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was ¥142,253,603.60, a decrease of 42.00% from ¥245,053,429.82 in 2023[16] - Earnings per share for the current period was ¥0.1910, down from ¥0.3287 in the previous year[17] - The net profit for the third quarter of 2024 was CNY 129,928,779.68, down 40.5% from CNY 218,121,242.06 in the third quarter of 2023[26] Assets and Liabilities - Total assets as of the end of the reporting period were ¥3,259,097,190.29, a decrease of 1.65% from the end of the previous year[3] - Current assets totaled CNY 1,382,583,170.26, down from CNY 1,541,941,302.03, indicating a decrease of about 10.34%[12] - Total liabilities increased to ¥1,369,163,633.09, compared to ¥1,319,948,848.55 in the previous year, reflecting a growth of 3.74%[14] - Total equity attributable to shareholders was ¥1,889,933,557.20, down from ¥1,993,902,489.34, indicating a decrease of 5.22%[14] - The total assets decreased to CNY 2,588,866,887.51 from CNY 2,644,637,767.88, reflecting a decline of 2.1%[24] - The total liabilities increased to CNY 773,492,654.99, up 8.7% from CNY 711,383,314.37 in the previous year[24] Cash Flow - Cash flow from operating activities for the year-to-date was ¥154,303,106.47, a decrease of 14.47% year-over-year[2] - Operating cash inflow for the first three quarters of 2024 reached CNY 1,724,186,276.53, an increase of 11.6% compared to CNY 1,544,148,904.24 in the same period of 2023[19] - Net cash flow from operating activities was CNY 154,303,106.47, down 14.5% from CNY 180,412,024.12 in the previous year[19] - Total cash inflow from investment activities was CNY 1,574,562,745.31, significantly higher than CNY 862,279,450.17 in 2023[19] - Cash inflow from operating activities totaled ¥1,595,754,088.88, up from ¥1,499,214,746.75 in the previous year, reflecting a growth of 6.4%[27] - The company reported a net cash flow from investment activities of -¥255,946,936.63, an improvement from -¥682,886,621.98 in the same period last year[27] Expenses and Costs - Total operating costs for the same period were ¥1,607,270,127.22, up 37.14% from ¥1,170,793,061.15 in 2023[15] - Research and development expenses for the first three quarters were ¥15,501,003.53, a decrease from ¥17,427,488.90 in the same period last year[15] - The company reported a financial expense of ¥6,929,439.25, compared to a financial income of -¥6,203,647.78 in the previous year[15] - Research and development expenses for the first three quarters of 2024 were CNY 13,246,373.21, a decrease of 24.5% from CNY 17,427,488.90 in the same period of 2023[25] Cash and Cash Equivalents - The company experienced a decrease in cash and cash equivalents by 70.90% compared to the beginning of the year, mainly due to the purchase of structured deposits and payments for engineering equipment[7] - Cash and cash equivalents decreased significantly to CNY 189,436,378.08 from CNY 650,938,599.35, a decline of approximately 70.9%[11] - The company's cash and cash equivalents at the end of Q3 2024 were CNY 188,052,967.24, down from CNY 404,253,225.26 at the end of Q3 2023[21] - The ending balance of cash and cash equivalents was ¥175,497,436.86, a decrease from ¥218,087,620.92 at the end of the same period last year[28] Other Financial Metrics - Non-recurring gains and losses for the current period amounted to ¥34,947,444.97 after tax[5] - The decrease in net profit was primarily due to subsidiaries not reaching expected performance and a decline in unit processing prices[6] - The company has no short-term borrowings reported as of September 30, 2024[12] - The company has no plans for significant new product launches or market expansions mentioned in the report[10] - The company has not disclosed any new product launches or technological advancements in this report, suggesting a focus on current operations and financial stability[25] - The company has adopted new accounting standards starting in 2024, which may affect future financial reporting[29]