Financial Performance - Net profit attributable to shareholders decreased by 28.35% to CNY 25,462,695.04 for the first nine months of 2024, down from CNY 35,536,087.54 in the same period of 2023[4] - The company experienced a 52.53% decline in net profit attributable to shareholders in Q3 2024, with a profit of CNY 5,325,929.67 compared to CNY 11,218,691.23 in Q3 2023[4] - Basic earnings per share decreased from 0.51 to 0.29 yuan per share, a decline of approximately 43.14%[23] - Net profit for the first nine months of 2024 was ¥25,462,695.04, down from ¥35,536,087.54 in the same period of 2023, indicating a decline of approximately 28.48%[22] - Total comprehensive income for the first nine months of 2023 was 16,302,757.70 yuan, down from 24,396,312.21 yuan, a decrease of approximately 33.1%[24] Revenue and Costs - Operating revenue increased by 2.85% to CNY 403,382,218.94 for the first nine months of 2024, compared to CNY 392,219,089.95 in the same period of 2023[4] - Total operating revenue for the first nine months of 2024 reached ¥403,382,218.94, an increase from ¥392,219,089.95 in the same period of 2023, reflecting a growth of approximately 2.98%[21] - Total operating costs increased to ¥376,351,401.49 from ¥357,265,701.88, representing a rise of about 5.06%[21] Assets and Liabilities - Total assets decreased by 7.70% to CNY 623,817,843.32 as of September 30, 2024, compared to CNY 675,877,793.03 at the end of 2023[4] - Current assets totaled ¥373.55 billion, down from ¥439.12 billion, indicating a decrease of about 14.9%[16] - Total liabilities decreased to ¥120.30 billion from ¥167.80 billion, a decline of about 28.3%[17] - Current liabilities decreased to ¥118.33 billion from ¥156.14 billion, indicating a reduction of approximately 24.3%[17] - The company's equity decreased slightly to ¥503.51 billion from ¥508.07 billion, a decline of about 0.1%[17] Cash Flow - Cash flow from operating activities improved significantly, with a net cash inflow of CNY 50,064,612.46, a 248.13% increase from a net outflow of CNY 33,797,479.16 in the same period last year[4] - Net cash flow from operating activities for the first nine months of 2024 was ¥17,021,341.60, a significant improvement compared to a net outflow of ¥20,477,701.04 in the same period of 2023[28] - Cash inflow from operating activities totaled 452,284,111.69 yuan, an increase from 391,310,903.29 yuan year-over-year, representing an increase of approximately 15.6%[25] - Cash outflow from operating activities decreased to 402,219,499.23 yuan from 425,108,382.45 yuan, a reduction of about 5.4%[25] - Cash inflow from financing activities was significantly lower in 2024, with a net outflow of ¥69,979,472.45 compared to a net inflow of ¥188,960,646.15 in 2023[28] Shareholder Information - The total number of ordinary shares at the end of the reporting period is 89,258,104 shares[8] - The number of shareholders holding more than 5% of shares totals 55,046,133 shares, representing 61.67% of total shares[10] - The company repurchased 737,927 shares, accounting for 0.83% of total shares, with a total expenditure of 5,023,647.66 RMB[13] - The largest shareholder, Party Tuli, holds 20,897,239 shares, representing 23.41% of total shares[9] Inventory and Prepayments - Inventory decreased by 41.87% to CNY 37,909,789.23 due to increased product sales during the reporting period[5] - The company reported a significant increase in prepayments by 106.19% to CNY 50,805,810.48, attributed to increased procurement volumes[5] - The company reported a significant increase in prepayments, rising to ¥50.81 million from ¥24.64 million, an increase of about 106.5%[16] Financial Management - Financial expenses decreased by 244.40% to CNY 1,460,170.58, due to reduced bank loan interest expenses as the company utilized its own funds[5] - The company reported a financial expense of -¥1,460,170.58, compared to a financial expense of ¥1,011,222.50 in the same period of 2023, indicating a significant improvement in financial management[21] - The company reported a significant reduction in financial expenses, with interest expenses decreasing from 2,063,520.50 yuan to 796,019.42 yuan, a decline of about 61.4%[23] Other Information - The company has no litigation or arbitration matters during the reporting period[12] - There are no external guarantees or loans provided by the company during the reporting period[12] - The company has no new commitments or overdue commitments during the reporting period[13] - The cash and cash equivalents include a performance guarantee deposit of 386,750.00 RMB, representing 0.06% of total assets[14]
万德股份(836419) - 2024 Q3 - 季度财报