万润股份(002643) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥806,286,944.79, representing a decrease of 26.84% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥80,688,646.03, down 56.65% year-over-year[2]. - The net profit after deducting non-recurring gains and losses was ¥60,431,030.21, a decline of 66.82% compared to the previous year[2]. - Total net profit for the third quarter of 2024 was CNY 393,146,685.50, a decrease of 39.34% compared to CNY 648,110,209.62 in the same period last year[5]. - The company's total profit decreased by 38.99% to CNY 431,415,625.26, primarily due to reduced gross profit and increased R&D expenses[5]. - Net profit attributable to shareholders of the parent company was CNY 392,548,291.51, compared to CNY 695,221,613.91 in the same period last year, reflecting a decline of 43.6%[12]. - The net profit for Q3 2024 was CNY 393.15 million, a decrease of 39.4% compared to CNY 648.11 million in Q3 2023[13]. - The company reported a total comprehensive income of CNY 387.10 million, down from CNY 680.71 million in the previous year, reflecting a decrease of 43.1%[13]. Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥10,686,532,308.41, reflecting a 5.44% increase from the end of the previous year[2]. - Total assets increased to CNY 10,686,532,308.41, up from CNY 10,134,722,624.96 year-on-year, representing a growth of 5.4%[11]. - Total liabilities rose to CNY 2,925,174,198.74, an increase of 18.3% from CNY 2,472,486,469.52 in the previous year[11]. - The company's total equity reached CNY 7,761,358,109.67, up from CNY 7,662,236,155.44, indicating a growth of 1.3%[11]. Cash Flow and Investments - The company's cash flow from operating activities for the year-to-date period was ¥994,097,446.58, an increase of 19.22% year-over-year[2]. - Cash received from other investment activities increased by 241.95% to CNY 1,406,000,000.00, reflecting higher cash inflows from maturing financial products[5]. - The company's investment activities resulted in a net cash outflow of CNY 406.10 million, an improvement from a net outflow of CNY 722.28 million in the same period last year[14]. - The company's cash and cash equivalents increased to CNY 1,464,082,588.93 from CNY 737,954,829.55, representing an increase of approximately 98.5%[9]. - The cash and cash equivalents at the end of the period increased to CNY 1.45 billion, up from CNY 1.37 billion at the end of Q3 2023, marking a growth of 5.7%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,602, with no preferred shareholders with restored voting rights[6]. - The number of shares held by the largest shareholder, China Energy Conservation and Environmental Protection Group, is 258,882,259, representing 27.83% of total shares[7]. - The second-largest shareholder, Luyin Investment Group, holds 59,181,537 shares, accounting for 6.36%[7]. Operational Metrics - Basic earnings per share for Q3 2024 were ¥0.09, down 55.00% compared to the same period last year[2]. - Basic earnings per share for Q3 2024 were CNY 0.32, compared to CNY 0.63 in Q3 2023, indicating a decline of 49.2%[13]. - Total operating revenue for the third quarter was CNY 2,762,593,286.27, a decrease of 13.0% compared to CNY 3,175,596,083.16 in the same period last year[12]. - Total operating costs decreased to CNY 2,370,044,994.76, down 4.4% from CNY 2,480,374,307.25 year-on-year[12]. - Research and development expenses increased to CNY 309,086,176.30, up 16.9% from CNY 264,010,160.79 in the previous year[12]. Other Financial Highlights - The company received government subsidies amounting to ¥6,914,986.62 during the quarter, contributing positively to its financial performance[3]. - Other income increased by 144.21% to CNY 28,942,876.35, mainly due to a rise in government subsidies received[5]. - The company reported a 417.59% increase in asset impairment losses, totaling CNY -7,739,129.70, attributed to higher inventory write-downs[5]. - The foreign currency translation difference was CNY -6,048,408.53, a decline of 118.55% influenced by exchange rate fluctuations[5]. - The company has not disclosed any significant new product developments or market expansion strategies in this report[8].