Financial Performance - Operating revenue for the first nine months of 2024 was ¥245,976,711.88, a decrease of 8.50% year-over-year[6] - Net profit attributable to shareholders for the first nine months of 2024 was ¥24,597,236.29, down 55.43% from the same period last year[6] - In Q3 2024, operating revenue was ¥90,040,229.33, reflecting a growth of 6.49% compared to Q3 2023[7] - The net profit attributable to shareholders in Q3 2024 was ¥4,635,269.43, a decline of 75.26% year-over-year[7] - The total profit for the year to date was ¥25,899,002.82, down 58.74% compared to the previous year, influenced by a decline in gross profit[9] - Total operating revenue for the first nine months of 2024 was CNY 245,976,711.88, a decrease of 8.5% compared to CNY 268,826,057.82 in the same period of 2023[22] - Net profit for the first nine months of 2024 was CNY 24,805,011.26, down 55.0% from CNY 55,186,876.43 in the same period of 2023[23] - The company reported a significant decrease in operating profit to CNY 24,340,775.22, down 61.2% from CNY 62,835,951.14 year-over-year[23] Cash Flow - The net cash flow from operating activities increased significantly by 291.31% to ¥53,402,358.46 for the first nine months of 2024[6] - Operating cash inflow for the first nine months of 2024 reached ¥188,670,921.49, an increase of 5.5% compared to ¥179,191,152.13 in the same period of 2023[28] - Net cash flow from operating activities significantly improved to ¥53,733,067.89, up from ¥13,646,899.46 year-over-year[29] - Cash inflow from investment activities totaled ¥257,931,806.06, compared to ¥171,376,411.70 in the previous year, marking a 50.6% increase[29] - Net cash flow from investment activities turned positive at ¥24,854,160.35, a recovery from a negative cash flow of ¥107,437,061.36 in the same period last year[29] - The company reported a net increase in cash and cash equivalents of ¥59,209,648.73, contrasting with a decrease of ¥112,869,965.45 in the same period last year[29] Assets and Liabilities - Total assets as of September 30, 2024, reached ¥598,603,867.03, an increase of 2.90% compared to the end of the previous year[5] - Current assets totaled ¥405,950,719.06, up from ¥396,572,981.93, indicating an increase of about 1.0%[16] - Total liabilities reached ¥148,513,847.10, compared to ¥136,379,057.67, reflecting an increase of about 8.3%[18] - The company's total assets increased to CNY 593,700,684.25, compared to CNY 575,879,533.56 at the end of 2023, reflecting a growth of 3.0%[21] - Total liabilities rose to CNY 146,635,204.89, an increase of 10.4% from CNY 132,824,167.01[21] - The company reported a decrease in long-term liabilities from ¥15,753,378.73 to ¥13,519,984.63, a reduction of about 7.8%[18] Shareholder Information - The total number of ordinary shares at the end of the period was 87,550,002, with 28.08% being unrestricted shares and 71.92% being restricted shares[12] - The top ten shareholders collectively held 72.67% of the shares, with the largest shareholder owning 32.69%[13] - There were no significant changes in the shareholding structure of major shareholders during the reporting period[14] Operational Insights - The company's gross profit margin decreased by 9.63 percentage points, primarily due to rising raw material costs and competitive pricing pressures[9] - The company adjusted settlement terms with multiple suppliers, resulting in a decrease in payment for goods during the period[10] - The company has not engaged in any share buyback activities during the reporting period[15] - The company has fulfilled its disclosed commitments in a timely manner, including asset pledges[15] - There were no significant legal disputes or external guarantees during the reporting period[15] Research and Development - Research and development expenses for the first nine months of 2024 were CNY 10,567,390.15, an increase of 9.0% from CNY 9,689,304.41 in the previous year[22] - The company incurred research and development expenses of CNY 10,567,390.15, an increase from CNY 9,689,304.41 in the same period of 2022[24]
方盛股份(832662) - 2024 Q3 - 季度财报