Financial Performance - Net profit attributable to shareholders rose by 27.39% to CNY 47,498,192.79 for the first nine months of 2024, up from CNY 37,285,705.42 in the same period of 2023[4] - Total operating revenue for the first nine months of 2024 reached ¥393,462,695.34, an increase from ¥365,963,364.61 in the same period of 2023, representing a growth of approximately 7.5%[20] - Net profit for the first nine months of 2024 was ¥47,932,202.45, compared to ¥37,903,393.72 in 2023, indicating a growth of approximately 26.5%[22] - The company reported an operating profit of ¥51,280,107.64 for the first nine months of 2024, up from ¥43,379,453.01 in 2023, reflecting an increase of about 18.5%[22] - Total profit for the first nine months of 2024 was ¥54,589,807.80, compared to ¥43,362,850.23 in 2023, indicating a growth of approximately 26.0%[22] - The company’s total comprehensive income for the first nine months of 2024 was ¥47,932,202.45, compared to ¥37,903,393.72 in 2023, reflecting an increase of approximately 26.5%[22] - The total comprehensive income amounted to 40,805,089.92, compared to 35,059,163.51 in the previous period, reflecting an increase of approximately 49.4%[24] Assets and Liabilities - Total assets increased by 16.88% to CNY 914,149,778.66 as of September 30, 2024, compared to CNY 782,129,731.76 at the end of 2023[4] - The company's debt-to-asset ratio (consolidated) increased to 42.62% from 35.76% year-over-year[4] - Current liabilities rose to ¥384.51 billion, up from ¥274.90 billion, reflecting a significant increase of approximately 39.9%[15] - The total liabilities increased to ¥389.58 billion, compared to ¥279.66 billion, indicating a rise of approximately 39.2%[16] - Non-current liabilities totaled ¥5.07 billion, compared to ¥4.76 billion in the previous year, indicating an increase of about 6.5%[16] - The total equity attributable to shareholders increased to ¥511.05 billion, compared to ¥491.83 billion, marking a growth of about 3.9%[16] Cash Flow - The net cash flow from operating activities reached CNY 60,557,029.73, a significant increase of 226.15% compared to a negative CNY 48,003,480.35 in the previous year[4] - Cash inflow from operating activities totaled 355,657,672.03, up from 271,840,095.32, indicating a growth of about 30.8%[25] - Cash outflow from operating activities decreased to 295,100,642.30 from 319,843,575.67, resulting in a reduction of approximately 7.8%[26] - Cash flow from investing activities showed a net outflow of -25,698,999.43, worsening from -12,273,620.83 in the previous year[26] - Cash flow from financing activities generated a net inflow of 39,917,185.03, down from 72,436,003.70 in the same period last year[26] - The ending balance of cash and cash equivalents increased to 349,112,974.86 from 145,323,376.50, representing a growth of approximately 140.3%[26] Shareholder Information - The total number of unrestricted shares increased from 45,732,787 at the beginning of the period to 136,787,787 at the end, representing a change of 90.16%[8] - The number of shares held by the largest shareholder, Guangxi Yuchai Machinery Group Co., Ltd., remains at 73,120,000, accounting for 48.20% of total shares[9] - The company reported a total of 3,921 common shareholders at the end of the period[8] Other Income and Expenses - Other income surged by 240.52% to CNY 5,691,688.17, attributed to government subsidies and financing awards[6] - Research and development expenses rose to ¥15,059,038.98 in 2024 from ¥13,735,645.10 in 2023, an increase of about 9.6%[20] - The company experienced a decrease in credit impairment losses, which were reported at -¥2,322,850.87 in 2024 compared to -¥2,741,211.49 in 2023, a reduction of about 15.2%[22] Litigation and Commitments - The company has no major litigation or arbitration matters during the reporting period[11] - The company has fulfilled all disclosed commitments without any overdue obligations[13]
华原股份(838837) - 2024 Q3 - 季度财报