Financial Performance - The company's operating revenue for Q3 2024 was ¥195,226,867.30, a decrease of 21.36% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥9,686,920.46, down 64.09% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,547,385.52, a decline of 75.17% compared to the previous year[2] - The total operating revenue for Q3 2024 was CNY 573,224,328.35, a decrease of 13.6% compared to CNY 663,587,860.57 in the same period last year[12] - The net profit for Q3 2024 was CNY 22,530,314.58, a significant decline of 61.5% from CNY 58,477,893.08 in Q3 2023[12] - The company recorded a total comprehensive income of 22,520,366.19 CNY, a decrease from 58,435,246.73 CNY in the same period last year, reflecting a decline of about 61.5%[13] - Basic earnings per share were reported at 0.1344 CNY, down from 0.3488 CNY in the previous year, representing a decrease of approximately 61.5%[13] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥2,667,778,213.35, reflecting a slight increase of 0.79% from the end of the previous year[2] - The total assets of the company reached CNY 2,667,778,213.35, slightly up from CNY 2,646,835,776.88[11] - The total liabilities increased to CNY 622,488,800.62, compared to CNY 568,094,330.83, marking an increase of 9.6%[11] - The equity attributable to shareholders decreased by 1.61% to ¥2,045,289,412.73 compared to the end of the previous year[2] Cash Flow - The cash flow from operating activities showed a significant negative value of ¥511,330,070.18, indicating a decline of 451.20% year-on-year[2] - The company reported a net loss of 511,330,070.18 CNY in cash flow from operating activities, a significant decline compared to a net gain of 145,597,098.72 CNY in the previous period[15] - Cash and cash equivalents at the end of the period totaled 342,892,897.58 CNY, a significant drop from 1,022,857,218.36 CNY at the end of the previous period, indicating a decrease of about 66.5%[16] - The company has cash and cash equivalents of 992,728,031.64 CNY as of September 30, 2024, down from 1,211,752,579.83 CNY at the beginning of the period[9] Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,176[7] - Karon Holding Company Limited holds 66.39% of shares, totaling 113,106,861 shares[7] - The company continues to maintain a stable shareholder structure with no major changes in ownership[7] - The company has no changes in the top 10 shareholders due to the transfer of shares[8] - The company has not disclosed any related party relationships among the top shareholders[7] Other Income and Expenses - The company’s other income increased by 78.78% to ¥991.33 million, primarily due to government subsidies[5] - Research and development expenses for Q3 2024 were CNY 28,257,720.46, up from CNY 26,973,205.38, indicating a growth of 4.7%[12] - The company reported a decrease in employee compensation liabilities to CNY 27,637,444.46 from CNY 34,527,026.89, a decline of 20%[11] Inventory and Receivables - The company's accounts receivable decreased to CNY 468,277,516.65 from CNY 513,211,621.26, a reduction of 8.8%[10] - Inventory increased to CNY 337,936,180.82, up 28.7% from CNY 262,452,254.20 in the previous year[10] Financial Adjustments - The company’s long-term receivables were adjusted to be accounted as current assets, resulting in a 100% decrease in long-term receivables[5] - Trading financial assets increased to 221,852,841.92 CNY from 122,606,825.83 CNY[9] - The company experienced an 80.95% increase in trading financial assets, reaching ¥22,185.28 million due to increased idle funds[5] Tax and Investment Activities - The company received 4,098,483.69 CNY in tax refunds, an increase from 3,056,834.58 CNY in the previous period, showing an increase of approximately 34%[15] - Cash inflow from investment activities was 346,040,130.99 CNY, compared to 272,422,140.99 CNY in the previous year, marking an increase of about 27%[15] - Cash outflow from investment activities totaled 561,775,819.54 CNY, up from 484,516,612.77 CNY in the previous year, indicating an increase of approximately 16%[15] - The company raised 195,000,000.00 CNY through borrowings, an increase from 170,000,000.00 CNY in the previous period, reflecting an increase of about 14.7%[15] - The net cash flow from financing activities was reported at -49,194,329.50 CNY, an improvement from -72,559,974.09 CNY in the previous year, indicating a reduction in cash outflow by approximately 32.2%[15]
冠龙节能(301151) - 2024 Q3 - 季度财报