浙江众成(002522) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥444,101,118.52, a decrease of 3.04% compared to the same period last year[1]. - The net profit attributable to shareholders for Q3 2024 was ¥11,393,140.78, down 63.63% year-on-year[1]. - The net profit after deducting non-recurring gains and losses was ¥7,935,780.29, reflecting a decline of 74.22% compared to the previous year[1]. - The company experienced a 49.37% decline in net profit attributable to shareholders for the year-to-date, totaling ¥44,588,624.64, due to intensified market competition[6]. - The net profit for Q3 2024 was -6,926,170.21 CNY, a significant decrease from 68,592,295.64 CNY in Q3 2023, indicating a decline of approximately 110.1% year-over-year[18]. - Operating profit for Q3 2024 was 11,586,190.95 CNY, down from 86,529,061.74 CNY in the same period last year, representing a decrease of about 86.6%[18]. - Total revenue from operating activities was 1,289,306,677.93 CNY, compared to 1,325,529,765.00 CNY in Q3 2023, reflecting a decline of approximately 2.7%[20]. - The company reported a total comprehensive income of -8,294,209.05 CNY for Q3 2024, compared to 71,846,777.77 CNY in Q3 2023, marking a decline of approximately 111.5%[19]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥3,397,804,817.71, a decrease of 7.40% from the end of the previous year[1]. - The company's total liabilities decreased by 14.94% to ¥324,993,547.83 due to repayment of bank loans[6]. - Total liabilities decreased to ¥1,128,223,473.47, a decline of 17.1% from ¥1,361,855,301.39[15]. - Current assets totaled ¥1,226,929,708.62, down 23.4% from ¥1,601,427,600.98[14]. - Non-current assets increased to ¥2,170,875,109.09, up 5% from ¥2,067,745,246.38[14]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥157,993,779.41, a slight decrease of 0.62% compared to the same period last year[1]. - The net cash flow from operating activities was 157,993,779.41 CNY, slightly down from 158,973,659.31 CNY in the previous year, indicating a decrease of about 0.6%[21]. - The company’s investment activities resulted in a net cash outflow of -20,750,483.49 CNY for Q3 2024, an improvement from -46,020,920.85 CNY in Q3 2023[21]. - The company’s financing activities generated a net cash outflow of -217,276,898.56 CNY in Q3 2024, compared to -48,082,540.53 CNY in the same period last year, indicating a decline of approximately 352.5%[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,962[8]. - The largest shareholder, Changde Urban Development Group Co., Ltd., holds 25.00% of the shares, totaling 226,444,847 shares[8]. - The total number of shares held by the top ten shareholders includes significant stakes from Chen Jian and Chen Dakui, who together hold over 5%[9]. Investments and Projects - The company plans to invest 200 million RMB to establish a wholly-owned subsidiary, Hunan Zhonglang New Materials Co., Ltd.[10]. - The company has adjusted the total investment for the production line project of 30,000 tons of new polyethylene shrink film and will use surplus funds to supplement working capital[11]. - The company has completed the registration of the new subsidiary as of the end of the reporting period[10]. - The company has completed the procedures for using surplus raised funds for working capital as of October 16, 2024[11]. Other Financial Metrics - The weighted average return on net assets was 0.51%, down 0.91% year-on-year[1]. - The company's cash and cash equivalents decreased from 762,689,535.53 RMB to 539,654,659.40 RMB during the reporting period[12]. - The accounts receivable increased from 121,538,972.63 RMB to 132,495,609.11 RMB[12]. - Trading financial assets decreased from 60,653,150.68 RMB to 30,000,000.00 RMB during the reporting period[12]. - Total operating costs increased to ¥1,223,963,826.62, up 1.3% from ¥1,207,871,187.23 in the previous year[17]. - Gross profit margin for the period was approximately 1.8%, down from the previous year's margin[17]. - Inventory decreased to ¥483,413,575.13 from ¥624,660,769.55, representing a reduction of 22.6%[14]. - Research and development expenses were ¥49,091,885.74, slightly down from ¥49,518,206.24 in the previous year[17]. - The company maintained a stable capital reserve of ¥630,466,559.51, unchanged from the previous year[15]. - The company incurred interest expenses of 25,827,237.93 CNY in Q3 2024, down from 29,278,397.18 CNY in the same period last year, representing a decrease of about 15.7%[18]. - The company recorded other income of 7,406,129.19 CNY in Q3 2024, an increase from 5,317,962.25 CNY in Q3 2023, reflecting a growth of approximately 39.2%[18].