Financial Performance - Q3 2024 revenue reached ¥258,189,753.27, an increase of 6.15% year-over-year, while year-to-date revenue totaled ¥707,247,068.35, up 16.23% compared to the same period last year[2] - Net profit attributable to shareholders was ¥12,588,773.07, a decrease of 49.69% year-over-year, with year-to-date net profit at ¥43,721,494.27, down 23.46%[2] - Basic earnings per share for Q3 2024 was ¥0.1129, reflecting a decline of 63.91% compared to the same period last year[2] - Total operating revenue for the current period reached ¥707,247,068.35, an increase of 16.2% compared to ¥608,472,019.82 in the previous period[11] - Net profit for the current period was ¥42,901,416.78, a decrease of 25.5% from ¥57,499,114.26 in the previous period[11] - The net profit attributable to shareholders of the parent company was ¥43,721,494.27, a decrease of 23.5% from ¥57,119,213.88 in the previous period[12] - Basic earnings per share decreased to ¥0.3944 from ¥0.7140 in the previous period, representing a decline of 44.6%[12] Assets and Liabilities - Total assets as of the end of Q3 2024 were ¥1,983,607,368.39, a decrease of 1.87% from the end of the previous year[2] - The company’s total assets and liabilities will be detailed in the upcoming financial statements[8] - Current liabilities totaled CNY 510,976,426.37, down from CNY 534,824,242.83, representing a decrease of about 4.46%[10] - Total liabilities decreased to CNY 869,274,147.02 from CNY 884,561,806.37, a decrease of approximately 1.03%[10] - Owner's equity decreased to CNY 1,114,333,221.37 from CNY 1,136,923,301.31, a decline of about 1.99%[10] Cash Flow - Cash flow from operating activities for the year-to-date period decreased by 72.85%, totaling ¥32,075,177.98[2] - Cash inflow from operating activities totaled $573,207,050.69, down from $718,036,146.21 in the previous period[14] - The net cash flow from operating activities was $32,075,177.98, a decrease of 72.9% compared to $118,141,160.26 in the previous period[14] - Cash flow from operating activities was ¥554,024,548.85, down 19.4% from ¥687,296,744.44 in the previous period[12] Investments and Expenses - Financial expenses increased by 256.52% year-over-year, primarily due to interest expenses from convertible bond issuance[5] - Investment income surged by 476.95% year-over-year, attributed to increased returns from financial investments[5] - The company reported a significant increase in fixed assets to CNY 371,744,604.73 from CNY 259,460,341.91, an increase of approximately 43.25%[9] - R&D expenses rose to ¥32,020,843.97, reflecting an increase of 10.5% compared to ¥28,923,466.68 in the previous period[11] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,008[6] - Zhejiang Hongchang Holdings Co., Ltd. holds 35.48% of the shares, amounting to 39,611,964 shares[6] - The company has a total of 111,634,322 shares after a capital increase of 31,625,520 shares due to a bonus issue[7] - The cash dividend distributed is 6.00 RMB per 10 shares, totaling 80,008,802 shares before the distribution[7] - The company’s major shareholder, Lu Baohong, holds 17,279,976 shares, with 12,959,982 shares still under lock-up[7] Other Income and Changes - The company experienced a 3154.59% increase in other income, mainly from increased compensation received during the period[5] - Other income increased to ¥14,347,088.98, up 68.5% from ¥8,516,152.35 in the previous period[11] - The company reported a goodwill of CNY 13,630,069.09, indicating the acquisition of intangible assets[9] - The company is focusing on expanding its market presence and enhancing product development strategies[6]
宏昌科技(301008) - 2024 Q3 - 季度财报