Financial Performance - In Q3 2024, the company achieved revenue of CNY 220,045,246.58, representing a year-on-year increase of 839.41% and a quarter-on-quarter increase of 37.65%[2][7]. - The net profit attributable to shareholders was CNY -9,508,780.43, a decrease of 41.07% compared to the same period last year, while the net profit after deducting non-recurring gains and losses was CNY -11,364,385.86, a decrease of 19.22%[7]. - The company reported a basic earnings per share of CNY -0.04, an improvement of 42.86% compared to the same period last year[7]. - Operating revenue increased by 93.63% to ¥533,302,081.54 compared to ¥275,421,966.03 in the same period last year, driven by sales growth[11]. - Net profit improved by 39.13% to -¥42,392,562.03 from -¥69,640,579.80, reflecting the impact of increased sales revenue[11]. - The company reported a total comprehensive income of -62,018,217.14 CNY for the quarter, compared to -63,332,034.25 CNY in the same period last year[19]. - The basic and diluted earnings per share were both -0.2 CNY, an improvement from -0.32 CNY in the same quarter last year[19]. Assets and Liabilities - The company’s total assets at the end of the reporting period were CNY 3,174,664,398.10, reflecting a decrease of 0.86% from the end of the previous year[7]. - The company’s equity attributable to shareholders was CNY 2,946,584,571.63, down 2.04% from the previous year-end[7]. - The company has a total of ¥144.09 million in accounts payable, which increased from ¥103.39 million, reflecting a rise of approximately 39%[16]. - The total current assets amount to ¥2.15 billion, down from ¥2.34 billion, indicating a decrease of approximately 8%[16]. - The total assets of the company are reported at ¥3.17 billion, slightly down from ¥3.20 billion at the beginning of the period[16]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -6,771,217.73, showing an improvement of 92.29% compared to the previous year[7]. - Cash flow from operating activities showed a significant improvement, with a net cash outflow of -¥6,771,217.73, a 92.29% reduction from -¥87,794,628.79[11]. - Cash flow from investing activities decreased significantly to -¥978,205,322.23, compared to a positive inflow of ¥328,050,557.48 in the previous year, mainly due to investments in financial products[11]. - The company's cash and cash equivalents decreased by 52.93% to ¥874,588,721.87 from ¥1,858,065,846.57, primarily due to expenditures on financial products and fixed assets[10]. - The net cash flow from operating activities was -6,771,217.73, a significant improvement from -87,794,628.79 in the previous period[21]. - The cash outflow for the acquisition of fixed assets was 219,550,419.74, compared to 115,021,755.75 in the previous period[21]. Research and Development - The RPET composite flooring product has entered a new phase with commercial orders, following its launch at the Hannover International Flooring Exhibition in January 2024[3]. - The company plans to enhance research and development investments to maintain its leading position in the RPET flooring market[3]. - Research and development expenses increased by 77.20% to ¥18,341,503.04, attributed to higher R&D investments[11]. - Research and development expenses increased to 18,341,503.04 CNY, up from 10,351,003.11 CNY, representing a growth of about 77% year-over-year[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,615, with the top 10 shareholders holding 88.98% of the shares[12]. - The largest shareholder, Fang Qinghua, holds 41.05% of the shares, amounting to 88,666,080 shares[12].
天振股份(301356) - 2024 Q3 - 季度财报