Financial Performance - Operating revenue for the first nine months of 2024 was CNY 248,709,940.60, a decline of 4.65% from CNY 260,846,709.12 in the same period of 2023[5] - Net profit attributable to shareholders for the first nine months of 2024 was CNY 21,676,938.47, down 34.48% from CNY 33,085,864.94 in the previous year[5] - Basic earnings per share for the first nine months of 2024 decreased by 42.12% to CNY 0.21 from CNY 0.37 in the same period of 2023[5] - Total operating revenue for the first nine months of 2024 is CNY 248,709,940.60, a decrease of 4.36% from CNY 260,846,709.12 in the same period of 2023[24] - Total operating costs decreased to CNY 226,974,715.97, down 2.51% from CNY 232,756,782.61 year-on-year[24] - Net profit for the first nine months of 2024 is CNY 21,676,938.47, a decline of 34.67% compared to CNY 33,085,864.94 in 2023[25] - Operating profit for the first nine months of 2024 is CNY 24,047,848.83, down 34.8% from CNY 36,881,338.37 in 2023[25] - The total profit for the first nine months of 2024 is CNY 23,891,957.65, a decrease of 35.1% from CNY 36,810,799.67 in 2023[25] - Total comprehensive income amounted to 20,779,748.47, compared to 28,769,359.94 in the previous period, indicating a decrease[28] Cash Flow - Cash flow from operating activities for the first nine months of 2024 was CNY 50,065,648.57, a decrease of 12.15% compared to CNY 56,986,979.94 in the previous year[5] - Net cash flow from operating activities was 50,065,648.57, down from 56,986,979.94 year-on-year[31] - Cash inflow from operating activities totaled 243,405,741.99, a decline from 268,336,942.54 in the same period last year[29] - Cash outflow from operating activities was 193,340,093.42, compared to 211,349,962.60 previously, showing a reduction[31] - Cash flow from investment activities generated a net inflow of 46,401,043.13, a significant improvement from a net outflow of -117,876,766.24 last year[31] - Cash inflow from investment activities was 214,974,505.77, down from 253,681,275.34 in the previous year[31] - Net cash flow from financing activities turned negative at -$48,896,962.95 compared to a positive $36,447,919.38 in the previous period[32] Assets and Liabilities - Total assets as of September 30, 2024, decreased by 4.91% to CNY 571,724,002.56 compared to the end of 2023[4] - Total assets decreased from ¥601,262,621.92 to ¥571,724,002.56, a decline of approximately 4.5%[20] - Non-current assets decreased from ¥312,488,447.10 to ¥297,486,108.68, a decline of about 4.8%[20] - Current liabilities decreased from ¥143,247,923.61 to ¥106,096,199.76, a reduction of approximately 26%[20] - Total liabilities decreased from ¥202,280,336.02 to ¥171,309,626.19, a decrease of around 15.3%[20] - The company's debt-to-asset ratio (consolidated) improved to 29.96% from 33.64% at the end of 2023[4] Shareholder Information - Total number of unrestricted shares is 25,461,001, accounting for 25.15% of total shares[10] - Total number of restricted shares is 75,763,239, accounting for 74.85% of total shares[10] - The largest shareholder, Wu Yinjian, holds 63,467,363 shares, representing 62.70% of total shares[11] Other Financial Metrics - Research and development expenses for the first nine months of 2024 are CNY 8,859,458.06, slightly reduced from CNY 9,250,938.12 in 2023[24] - Other income decreased significantly to CNY 1,768,231.16 from CNY 9,069,567.97 year-on-year[24] - The company reported a decrease in tax expenses to CNY 3,212,227.85 from CNY 2,931,999.23 in the previous year[24] - The company experienced a significant increase in financial expenses, with interest expenses at CNY 1,452,984.95 compared to CNY 2,870,968.82 in the previous year[24] Operational Developments - The company reported a significant increase in construction in progress by 189.24% to CNY 22,220,156.43, attributed to new projects in high-precision transmission components for new energy vehicles[6] - The company has no major litigation or arbitration matters pending[14] - The company has fulfilled all disclosed commitments without any overdue items[15] - The company has no shareholders with pledged or judicially frozen shares[12] - The company is not currently involved in any significant mergers or acquisitions[14]
旺成科技(830896) - 2024 Q3 - 季度财报