Financial Performance - Operating revenue for the first nine months of 2024 reached CNY 112,429,719.06, a 41.51% increase from CNY 79,450,681.70 in the same period of 2023[3] - The company reported a 98.13% increase in operating revenue for Q3 2024, totaling CNY 37,205,516.12, compared to CNY 18,778,375.59 in Q3 2023[3] - Net profit attributable to shareholders increased by 1.91% to CNY 26,521,850.20 for the first nine months of 2024, compared to CNY 26,025,326.44 in 2023[3] - The net profit attributable to shareholders for Q3 2024 decreased by 5.84% to CNY 9,183,566.52, down from CNY 9,753,533.87 in Q3 2023[3] - Total operating revenue for the first nine months of 2024 reached ¥112,429,719.06, a significant increase from ¥79,450,681.70 in the same period of 2023, representing a growth of approximately 41.5%[17] - Net profit for the first nine months of 2024 was ¥27,272,720.20, compared to ¥26,007,071.28 in 2023, showing a slight increase of about 4.9%[18] - The total profit for the first nine months of 2024 was ¥29,791,683.04, compared to ¥28,590,070.73 in 2023, indicating an increase of approximately 4.2%[18] Cash Flow - Cash flow from operating activities showed a significant decline of 410.10%, resulting in a net outflow of CNY 28,729,348.35[5] - Operating cash flow for the first nine months of 2024 was negative at -28,729,348.35 RMB, compared to -5,632,056.81 RMB in the same period of 2023, indicating a significant decline in cash generation[21] - Cash inflow from operating activities totaled 49,816,235.00 RMB in 2024, a decrease from 66,885,595.45 RMB in 2023, indicating a downward trend in operational cash generation[21] - Cash flow from financing activities showed a net outflow of -9,336,000.00 RMB in 2024, compared to -24,896,000.00 RMB in 2023, indicating reduced cash distribution to shareholders[22] - The ending cash and cash equivalents balance decreased to 9,003,703.19 RMB in 2024 from 112,775,918.83 RMB in 2023, highlighting liquidity challenges[22] Assets and Liabilities - Total assets increased by 3.98% to CNY 544,750,385.98 as of September 30, 2024, compared to CNY 523,889,833.45 at the end of 2023[3] - The company’s total liabilities to assets ratio (consolidated) was 14.73% as of September 30, 2024, compared to 14.91% at the end of 2023[3] - Total liabilities reached ¥80,268,772.12, up from ¥78,124,286.79, indicating a growth of about 2.8%[13] - Current liabilities rose to ¥31,608,755.84, compared to ¥25,698,528.41, marking an increase of approximately 23%[12] - Total current assets increased from 367,941,688.71 to 374,642,799.68[11] Shareholder Information - The total share capital is 62,240,000 shares, with 5,186 shareholders[8] - The largest shareholder, Huang Jianmin, holds 13,812,720 shares, representing 22.19% of total shares[8] - The number of unrestricted shares increased from 26,116,461 (41.96%) to 40,899,548 (65.71%) during the reporting period[7] - The number of restricted shares decreased from 36,123,539 (58.04%) to 21,340,452 (34.29%)[7] Investment Activities - The company’s cash flow from investing activities showed a significant decline of 600.61%, with a net outflow of CNY 66,341,039.17 due to increased investments in financial products[5] - Total cash inflow from investment activities increased to 151,824,277.00 RMB in 2024 from 78,779,504.73 RMB in 2023, reflecting a strong recovery in investment receipts[22] - Cash outflow from investment activities surged to 218,165,316.17 RMB in 2024, up from 88,248,541.23 RMB in 2023, resulting in a net cash outflow of -66,341,039.17 RMB[22] - The company received 148,732,912.60 RMB from investment recoveries in 2024, significantly higher than 77,413,034.81 RMB in 2023, indicating improved investment performance[23] Research and Development - Research and development expenses increased to ¥7,253,052.70 in the first nine months of 2024, up from ¥5,779,817.32 in 2023, marking a rise of approximately 25.5%[17]
丰安股份(870508) - 2024 Q3 - 季度财报