Financial Performance - The net profit attributable to shareholders for Q3 2024 was ¥198,117,457.84, a decrease of 22.02% compared to the same period last year[2]. - The company's operating revenue for the year-to-date period reached ¥595,018,799.81, reflecting a year-on-year decrease of 19.37%[2]. - Basic earnings per share for Q3 2024 were ¥0.07, down 22.22% from the previous year[2]. - The net profit for Q3 2024 was CNY 30,247,507.21, a decrease of 19.1% compared to CNY 37,513,275.98 in Q3 2023[15]. - Operating profit for Q3 2024 was CNY 32,156,603.69, down 23.3% from CNY 41,909,911.00 in Q3 2023[15]. - The total comprehensive income for Q3 2024 was CNY 30,245,967.78, compared to CNY 37,513,275.98 in the previous year[16]. - The company reported a decrease in total profit to CNY 32,425,902.72, down 25.3% from CNY 43,398,169.99 in Q3 2023[15]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥1,437,129,458.25, a decrease of 5.17% from the end of the previous year[2]. - The company's total equity attributable to shareholders increased by 0.93% to ¥1,251,478,011.15 compared to the end of the previous year[2]. - Total liabilities decreased to ¥185,651,447.10 from ¥275,484,464.13, a reduction of 32.54%[14]. - Cash and cash equivalents at the end of Q3 2024 amounted to CNY 39,559,666.87, down from CNY 63,452,210.94 at the end of Q3 2023[18]. - Cash and cash equivalents increased to ¥53,574,466.87 from ¥43,899,032.03 at the beginning of the period, representing a growth of approximately 22.5%[12]. - Total current assets decreased to ¥799,124,618.30 from ¥921,073,715.25, a decline of 13.23%[13]. Cash Flow - The net cash flow from operating activities was ¥43,295,609.23, down 49.14% year-on-year[8]. - Cash flow from operating activities generated CNY 43,295,609.23, a decline of 49.1% compared to CNY 85,121,072.49 in the same period last year[17]. - The cash flow from investing activities was ¥54,830,501.16, a turnaround from a negative cash flow of ¥604,740,516.34 in the previous year[8]. - Investment activities generated a net cash flow of CNY 54,830,501.16, a significant improvement from a negative cash flow of CNY -604,740,516.34 in the previous year[18]. Research and Development - Research and development expenses for the current period were ¥42,954,025.34, an increase of 37.77% compared to the previous period[7]. - Research and development expenses increased to CNY 42,954,025.34, up 37.7% from CNY 31,176,981.43 in the previous year[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,379[9]. - The largest shareholder, TANCON PRECISION ENGINEERING, holds 69.62% of shares, totaling 96,259,831 shares[9]. - The total number of restricted shares at the beginning of the period was 105,473,092, which decreased to 103,691,149 after 1,781,943 shares were released[11]. - The company has no new shares issued during the reporting period[11]. - The company plans to release the remaining restricted shares on July 21, 2026[11]. - The company has not reported any changes in the top 10 shareholders due to securities lending activities[11]. Operational Insights - The company reported a significant increase in other income, which reached ¥3,455,019.72, up 1896.54% from the previous year[7]. - The investment income for the current period was ¥2,646,812.06, an increase of 884.92% compared to the same period last year[7]. - Total operating revenue for Q3 2024 reached ¥595,018,799.81, an increase of 10.77% compared to ¥537,173,874.31 in the same period last year[14]. - Total operating costs amounted to ¥579,999,807.41, up from ¥497,035,441.36, reflecting a year-over-year increase of 16.67%[14]. - Inventory increased to ¥201,547,924.21 from ¥176,736,080.49, representing a growth of 14.83%[13]. - Non-current assets totaled ¥638,004,839.95, compared to ¥594,407,425.75, indicating an increase of 7.34%[13]. - The company reported a net profit margin improvement, although specific net profit figures were not provided in the documents[14]. - The company is focusing on expanding its market presence and enhancing product development, although specific new products or technologies were not detailed in the call[14]. - Future guidance indicates a cautious outlook due to market conditions, with emphasis on cost management and operational efficiency[14].
维科精密(301499) - 2024 Q3 - 季度财报