扬帆新材(300637) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was approximately ¥495.91 million, representing a year-on-year increase of 22.56%[1] - The net profit attributable to shareholders decreased by 92.50% to approximately -¥27.10 million, with a year-to-date decline of 293.04%[1] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 34.73% to approximately -¥31.75 million, with a year-to-date decline of 97.20%[1] - Total revenue decreased by 58.66% to CNY 20,760,497.66 compared to the previous period due to a decline in sales and reduced cash recovery[6] - Net loss for Q3 2024 was CNY 27.10 million, compared to a net loss of CNY 6.89 million in Q3 2023, representing a significant increase in losses[14] - Operating profit for Q3 2024 was CNY -34.11 million, worsening from CNY -9.70 million in the previous year[13] - The company reported a total comprehensive loss of CNY 15.30 million for Q3 2024, compared to a comprehensive income of CNY 9.83 million in the same quarter last year[14] Cash Flow and Investments - The net cash flow from operating activities was approximately ¥20.76 million, down 58.66% year-on-year[1] - Cash flow from operating activities decreased by 58.66% to CNY 20,760,497.66, reflecting a decline in revenue and cash recovery[7] - Cash inflow from investment activities was CNY 196.47 million in Q3 2024, significantly higher than CNY 60.47 million in Q3 2023[16] - Net cash flow from investment activities was -35,500,387.73 CNY, an improvement from -48,239,349.28 CNY in the previous quarter[17] - Cash inflow from financing activities totaled 330,150,073.76 CNY, down from 410,640,921.71 CNY in the previous quarter[17] - The net cash flow from financing activities was -5,082,666.11 CNY, a decline from 9,761,839.45 CNY in the previous quarter[17] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥1.32 billion, reflecting a slight increase of 0.86% compared to the previous year[1] - The company's current assets totaled CNY 442,735,371.47, up from CNY 408,077,065.27 at the start of the quarter, reflecting a growth of approximately 8.0%[11] - The company's total liabilities reached CNY 657,560,680.88, up from CNY 631,888,268.83, marking an increase of about 4.0%[12] - The equity attributable to shareholders decreased by 2.06% to approximately ¥693.06 million compared to the end of the previous year[1] - The equity attributable to the parent company decreased to CNY 678,774,580.15 from CNY 693,060,834.12, a decline of approximately 2.1%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,527, with the largest shareholder holding 22.04% of the shares[8] Other Financial Metrics - Research and development expenses for Q3 2024 were CNY 26.75 million, down 10.4% from CNY 29.84 million in Q3 2023[13] - The basic and diluted earnings per share for Q3 2024 were both CNY -0.1154, compared to CNY -0.0294 in Q3 2023[14] - The company recorded other comprehensive income after tax of CNY 11.80 million in Q3 2024, down from CNY 16.72 million in the same period last year[14] Non-Recurring Items - The company reported non-recurring gains of approximately ¥2.20 million for the current period, with a year-to-date total of approximately ¥4.66 million[3] - Other income decreased by 46.19% to CNY 5,902,219.67, primarily due to a reduction in government subsidies[6] - Investment income improved by 70.30%, resulting in a loss of CNY 224,186.69, attributed to increased returns from joint ventures and financial investments[6] Changes in Financial Position - The company's financial assets increased significantly by 240.59% to approximately ¥24.65 million, mainly due to an increase in low-risk bank financial management[5] - The accounts receivable financing decreased by 38.59% to approximately ¥8.43 million, primarily due to a reduction in bank acceptance bills[5] - The prepayments increased by 108.57% to approximately ¥8.40 million, mainly due to an increase in advance payments for raw materials[5] - Long-term borrowings decreased by 47.29% to CNY 76,900,000.00, primarily due to the increase in long-term loans maturing within one year[6] - Contract liabilities increased significantly to CNY 21,736,618.51 from CNY 10,547,362.36, reflecting a growth of approximately 106.0%[12] - The company reported a significant increase in long-term prepaid expenses by 205.44% to CNY 895,564.67, mainly due to increased costs for GLP testing[6] Audit Status - The third quarter report was not audited[18]