HuaRui(300626)2024-10-29 09:56Revenue and Profit - Revenue for Q3 2024 reached ¥204,712,354.03, an increase of 19.01% year-over-year, while year-to-date revenue was ¥549,530,009.47, up 12.48% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was ¥6,066,931.48, a decrease of 21.30% year-over-year, with year-to-date net profit at ¥16,611,937.23, an increase of 69.22%[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥4,404,219.87, down 38.75% year-over-year, while year-to-date it was ¥14,106,601.67, up 79.13%[3] - The company’s basic earnings per share for Q3 2024 was ¥0.0337, down 21.25% year-over-year, while year-to-date it was ¥0.0923, an increase of 69.36%[3] - Net profit for the current period was CNY 16.61 million, representing a 69.5% increase from CNY 9.82 million in the previous period[17] Assets and Liabilities - Total assets as of the end of Q3 2024 amounted to ¥1,072,141,414.39, reflecting an increase of 11.96% from the end of the previous year[3] - The company’s total liabilities increased, with long-term borrowings rising by 57.78% to ¥78,961,194.45 compared to the beginning of the year, attributed to the increase in low-interest long-term loans[7] - Current liabilities totaled RMB 448,280,958.96, up from RMB 375,097,601.17, reflecting an increase of approximately 19.5%[14] - The company's total liabilities increased to CNY 536.82 million, up from CNY 435.82 million, marking a rise of 23.1%[17] Cash Flow - Cash and cash equivalents increased by 179.53% to ¥127,469,802.54 compared to the beginning of the year, primarily due to increased net cash inflow from operating and financing activities[6] - The cash flow from operating activities showed a net outflow of ¥19,469,272.09, a decrease of 56.32% year-over-year[3] - Cash inflow from operating activities was CNY 567.12 million, compared to CNY 495.05 million in the previous period, reflecting a growth of 14.5%[19] - Cash flow from investing activities showed a net outflow of ¥5,909,245.34, a significant decrease from a net inflow of ¥54,400,481.81 in the previous year[20] - Cash flow from financing activities generated a net inflow of ¥67,502,274.86, contrasting with a net outflow of ¥54,937,213.35 in the same period last year[20] Shareholder Information - The company declared a cash dividend of RMB 0.17 per share, totaling RMB 3.06 million, based on a total share capital of 180,000,000 shares[12] - The number of common shareholders at the end of the reporting period was 12,831, with the top ten shareholders holding a combined 46.68% of shares[11] - The largest shareholder, Sun Ruiliang, holds 23.04% of the shares, amounting to 41,474,532 shares[11] Operational Costs and Expenses - Total operating costs amounted to CNY 519.51 million, up 7.9% from CNY 481.29 million in the previous period[16] - Research and development expenses for the current period were CNY 22.12 million, up from CNY 20.89 million, indicating a growth of 5.9%[16] - The company reported a decrease in financial expenses, with interest expenses at CNY 5.96 million, down from CNY 7.16 million, a reduction of 16.8%[17] Other Financial Metrics - The company experienced a 50.58% increase in taxes payable, amounting to ¥5,052,826.74 at the end of the reporting period, primarily due to an increase in value-added tax[7] - Deferred income decreased to CNY 7.90 million from CNY 8.99 million, a decline of 12.1%[17] - The impact of exchange rate changes on cash and cash equivalents was positive at ¥805,792.69, compared to a negative impact of ¥349,441.03 last year[20] Accounting and Audit - The company did not undergo an audit for the third quarter report[20] - The report indicates the implementation of new accounting standards starting from 2024, although it is marked as not applicable for the current year[20]