恩捷股份(002812) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥2,681,433,947.72, a decrease of 23.93% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥152,472,211.35, down 79.64% year-on-year[2]. - Basic earnings per share for Q3 2024 was ¥0.15, reflecting an 80.52% decline compared to the previous year[2]. - Total operating revenue for the current period is ¥7,464,675,528.20, a decrease of approximately 18% from ¥9,093,407,562.35 in the previous period[19]. - Net profit for the current period is ¥447,699,343.03, down from ¥2,278,126,257.61, indicating a decline of approximately 80.4%[20]. - The total profit for the current period is ¥481,084,109.56, compared to ¥2,574,768,230.14 in the previous period, reflecting a decrease of around 81.3%[20]. - Basic earnings per share decreased to ¥0.45 from ¥2.31, a decline of approximately 80.6%[20]. - The total comprehensive income for the current period is ¥443,962,824.49, down from ¥2,339,401,650.45, reflecting a decline of approximately 81%[20]. Assets and Liabilities - Total assets as of the end of Q3 2024 amounted to ¥48,390,130,534.49, representing a 2.52% increase from the end of the previous year[2]. - The company's total liabilities increased by 44.63% to ¥1,584,489,547.61 due to an increase in long-term borrowings due within one year[4]. - Current assets decreased to CNY 14.99 billion from CNY 16.29 billion, a decline of about 7.95%[17]. - Inventory rose significantly to CNY 3.88 billion, compared to CNY 3.00 billion, marking an increase of approximately 29.27%[17]. - Non-current assets totaled CNY 33.39 billion, up from CNY 30.91 billion, representing an increase of about 8.05%[17]. - The company's total liabilities increased to CNY 27.69 billion from CNY 24.52 billion, a rise of approximately 12.00%[18]. - The equity attributable to shareholders decreased to CNY 25.65 billion from CNY 26.93 billion, a decline of about 4.77%[18]. - The company's long-term borrowings increased to CNY 5.58 billion from CNY 4.69 billion, an increase of about 19.06%[17]. Cash Flow - Cash flow from operating activities for the year-to-date period decreased by 24.75% to ¥2,297,275,131.82[2]. - Cash flow from operating activities is ¥7,900,510,652.17, down from ¥8,264,620,267.83, indicating a decrease of about 4.4%[21]. - The net cash flow from operating activities for Q3 2024 was CNY 2,297,275,131.82, a decrease of 24.7% compared to CNY 3,053,009,827.08 in Q3 2023[22]. - The net cash flow from financing activities increased to CNY 1,868,627,514.10, compared to CNY 3,117,259,504.97 in Q3 2023, indicating a decline of 40.1%[22]. - Cash and cash equivalents at the end of Q3 2024 amounted to CNY 1,953,987,746.46, down from CNY 4,290,559,031.36 at the end of Q3 2023[22]. - The total cash outflow from investment activities was CNY 5,856,466,859.40, an increase from CNY 5,228,116,644.04 in Q3 2023[22]. - The company reported a net cash outflow of CNY 5,000,003,853.90 from investment activities, slightly higher than CNY 4,850,158,622.71 in Q3 2023[22]. Expenses and Income - The company reported a significant increase in other income to ¥205,659,579.48 from ¥93,802,546.50, an increase of about 119%[19]. - Research and development expenses for the current period are ¥533,431,042.57, slightly down from ¥570,097,863.20, a decrease of approximately 6.4%[19]. - The company experienced a significant decline in investment income, which fell by 547.58% to -¥15,099,554.52 due to increased discount fees on bills[4]. - The company reported an investment loss of ¥15,099,554.52, compared to a gain of ¥3,373,570.34 in the previous period[19]. Shareholder and Stock Information - The total number of ordinary shareholders at the end of the reporting period was 95,385, with the largest shareholder holding 13.14% of the shares[5]. - The company repurchased 5.9051 million shares for RMB 200 million to reduce registered capital, with the cancellation of these shares currently in process[11]. - A total of 532,400 shares were purchased by directors, supervisors, and key personnel, amounting to RMB 200.44 million from October 28, 2023, to July 26, 2024[12]. - The company has agreed to cancel 514,833 stock options and 532,399 restricted stocks due to performance assessment requirements not being met[9]. - The company’s stock options and restricted stock plans have been adjusted due to non-compliance with performance conditions[8]. - The company’s actual controller and major shareholders have committed not to reduce their holdings for six months starting February 7, 2024[13]. Regulatory and Compliance - The company is undergoing administrative regulatory measures from the China Securities Regulatory Commission due to compliance issues[15]. - The company will not exercise the downward adjustment of the conversion price for its convertible bonds, maintaining the current terms until the end of 2024[13]. - The company's management has been authorized to implement investment matters related to the new subsidiary in Malaysia without further review[7]. Future Investments - The company plans to invest approximately RMB 2 billion in a lithium battery separator project in Malaysia, with an expected production capacity of about 1 billion square meters per year[7]. - The company received a confirmation from Exide Energy Solutions Limited to supply lithium battery separator products, with an expected transaction amount not exceeding RMB 200 million in 2025[14].