Financial Performance - Operating revenue for the first nine months of 2024 reached CNY 166,053,452.97, representing a year-on-year increase of 15.44% from CNY 143,849,287.94[4] - Net profit attributable to shareholders for the first nine months of 2024 was CNY 31,130,006.62, up 29.02% from CNY 24,127,606.16 in the same period last year[4] - Basic earnings per share for the third quarter of 2024 were CNY 0.14, reflecting a 16.67% increase from CNY 0.12 in the same quarter of the previous year[4] - The company experienced a 41.14% increase in other income, totaling CNY 1,527,019.55, attributed to increased tax deductions for advanced manufacturing enterprises[7] - Total operating revenue for the first nine months of 2024 reached ¥166,053,452.97, an increase of 15.4% compared to ¥143,849,287.94 in the same period of 2023[20] - Net profit for the period reached ¥31,130,006.62, an increase of 29.1% compared to ¥24,127,606.16 in the previous period[22] - Operating profit was ¥36,501,729.52, up 28.7% from ¥28,385,656.73 year-over-year[22] - Total comprehensive income for the period was ¥31,130,006.62, compared to ¥24,127,606.16 previously, reflecting a growth of 29.1%[23] Cash Flow and Assets - The net cash flow from operating activities for the first nine months of 2024 was CNY 30,037,945.84, an increase of 36.52% compared to CNY 22,002,788.41 in the previous year[4] - Cash flow from financing activities showed a significant decrease of 137.22%, resulting in a net cash flow of -CNY 36,094,860.33 for the period[8] - The company's cash and cash equivalents decreased to ¥143,728,152.15 as of September 30, 2024, from ¥155,319,392.93 at the end of 2023, a decline of 7.5%[18] - Cash and cash equivalents at the end of the period totaled ¥142,986,827.33, down from ¥156,337,298.63 at the end of the previous period[25] - The company reported a net cash outflow from investing activities of ¥5,845,289.17, compared to a net outflow of ¥5,064,612.59 in the prior year[25] - Cash flow from financing activities resulted in a net outflow of ¥36,094,860.33, contrasting with a net inflow of ¥96,969,940.76 in the previous period[25] Assets and Liabilities - Total assets as of September 30, 2024, were CNY 403,438,103.89, a decrease of 3.00% compared to CNY 415,900,667.12 at the end of 2023[3] - The company's debt-to-asset ratio remained low at 7.59% as of September 30, 2024, unchanged from the previous year[3] - Total liabilities decreased to ¥30,626,088.96 as of September 30, 2024, from ¥48,184,658.81 at the end of 2023, a significant reduction of 36.4%[19] - The company's total liabilities and equity structure remains stable, with no significant changes reported in shareholder equity[12] Investments and Commitments - The construction in progress increased by 326.66% to CNY 5,086,464.99, indicating ongoing investment in new projects[6] - The company has no new commitments during the reporting period, and all previously disclosed commitments are being fulfilled normally[15] - The company’s assets are not subject to any new pledges or judicial freezes during the reporting period[14] Shareholder Information - The total number of unrestricted shares increased from 42,373,500 to 46,123,500, representing a change of 3,750,000 shares, which is an increase of 8.84%[10] - The total share capital remained at 86,780,000 shares, with 3,713 shareholders holding ordinary shares at the end of the reporting period[11] - The largest shareholder, Yiyang High-tech Industry Development Investment Group Co., Ltd., holds 19,980,000 shares, accounting for 23.02% of the total shares[12] - The company’s core employees hold 118,359 shares, which is 0.14% of the total share capital[10] Other Financial Metrics - The company reported non-recurring gains and losses net amounting to 311,090.02 yuan, after accounting for government subsidies and other operating income and expenses[9] - The company’s total non-recurring gains and losses before tax impact were 365,988.26 yuan[9] - The company experienced a decrease in credit impairment losses, reporting a loss of ¥414,858.65 compared to a loss of ¥865,013.94 in the previous period[22] - Research and development expenses increased to ¥9,655,347.06 in the first nine months of 2024, compared to ¥8,823,592.95 in the same period of 2023, indicating a rise of 9.5%[20] - Total operating costs for the first nine months of 2024 were ¥130,393,203.52, up from ¥115,386,006.74 in 2023, reflecting a growth of 13.1%[20] Legal Matters - The company is involved in ongoing litigation with a former customer, with a total claim amount of 1,509,246.82 yuan, which has been partially settled[15]
惠同新材(833751) - 2024 Q3 - 季度财报