Revenue and Profit - Revenue for Q3 2024 reached ¥341,121,130.88, an increase of 51.21% compared to the same period last year[3] - Net profit attributable to shareholders was ¥17,911,838.22, up 44.43% year-on-year[3] - Net profit excluding non-recurring items was ¥17,589,247.30, reflecting a 50.29% increase from the previous year[3] - The company reported a 38.78% increase in year-to-date revenue, totaling ¥896,037,009.11[3] - Total operating revenue for the current period reached ¥896,037,009.11, a significant increase of 38.9% compared to ¥645,667,213.18 in the previous period[19] - Net profit for the current period was ¥55,589,161.54, representing a 27.8% increase from ¥43,468,295.77 in the previous period[20] - The company's operating profit rose to ¥65,890,735.65, an increase of 34.6% compared to ¥48,927,694.92 in the previous period[20] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥1,685,375,800.78, representing a 12.68% increase from the end of the previous year[3] - The total assets reached 1,685,375,800.78 CNY, up from 1,495,774,118.02 CNY, marking an increase of about 12.7%[17] - Current liabilities totaled 483,028,574.72 CNY, compared to 289,724,781.20 CNY at the beginning of the period, showing an increase of approximately 66.6%[17] - The total liabilities of the company reached ¥501,268,653.77, a significant increase from ¥311,402,870.20 in the previous period[20] - The company reported a decrease in long-term liabilities, with total long-term debt at 8,808,604.45 CNY, down from previous levels[17] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥49,086,139.50, a significant increase of 90.02%[3] - The net cash flow from operating activities increased by 90.02% to ¥49,086,139.50 in the first nine months of 2024, compared to ¥25,832,706.97 in the same period of 2023, primarily due to increased cash inflows from sales[8] - The cash inflow from operating activities for the current period is CNY 810,970,617.99, an increase of 26.4% compared to CNY 641,408,411.71 in the previous period[22] - The cash inflow from investment activities is CNY 623,223,826.21, compared to CNY 210,642.17 in the previous period[23] - The net cash flow from investment activities is CNY 63,332,663.75, a significant recovery from a negative CNY 62,947,639.59 in the previous period[23] - The cash inflow from financing activities is CNY 150,500,000.00, down 84.1% from CNY 946,489,160.46 in the previous period[23] - The net cash flow from financing activities is -CNY 47,077,164.78, a decline from CNY 597,046,116.40 in the previous period[23] Expenses and Income - Research and development expenses increased by 31.77% to ¥29,677,215.10, indicating a focus on product development[7] - Research and development expenses increased to ¥29,677,215.10, up 31.8% from ¥22,521,703.39 in the previous period, indicating a focus on innovation[19] - Total operating costs amounted to ¥827,566,237.95, up 40.1% from ¥590,665,542.74 in the previous period[19] - The income tax expense for the third quarter of 2024 rose by 85.68% to ¥9,751,346.34, compared to ¥5,251,574.73 in the same period of 2023, attributed to an increase in total profit[8] - The total asset impairment loss for the third quarter of 2024 was ¥4,482,943.06, an increase of 68.98% compared to ¥2,652,896.66 in the same period of 2023, mainly due to increased inventory write-downs[8] - The company reported a significant increase in other income, which rose by 723.62% to ¥100,000.94 in the third quarter of 2024, compared to ¥12,141.62 in the same period of 2023, mainly due to increased penalty income[8] Shareholder Information - The company’s major shareholder, Gao Liqing, holds 35.56% of the shares, while Ningbo Lingying Trading Co., Ltd. holds 18.55%[9] - The total number of ordinary shareholders at the end of the reporting period was 17,946[9] - The company announced a cash dividend of 2.00 CNY per 10 shares, totaling 27,280,000.00 CNY to be distributed to shareholders[15] - The company plans to continue its strategy of cash dividends to shareholders, reinforcing its commitment to returning value[15] Current Assets - As of September 30, 2024, the total current assets amounted to 1,203,061,388.63 CNY, an increase from 1,029,596,890.52 CNY at the beginning of the period[17] - The company’s cash and cash equivalents increased by ¥66,647,249.57 in the first nine months of 2024, a decrease of 88.17% compared to the previous year, mainly due to the absence of new share issuance[8] - The cash and cash equivalents increased to 132,149,154.29 CNY from 41,847,489.82 CNY at the beginning of the period, representing a growth of approximately 215.5%[16] - Accounts receivable rose to 341,541,065.75 CNY from 252,871,538.67 CNY, indicating an increase of about 35%[16] - Inventory increased to 214,611,200.96 CNY from 155,070,260.27 CNY, reflecting a growth of approximately 38.3%[16] - The cash and cash equivalents at the end of the third quarter of 2024 decreased by 82.66% to ¥106,128,286.76, compared to ¥612,051,868.99 at the end of the same period in 2023, primarily due to the previous year's new share issuance[8]
朗威股份(301202) - 2024 Q3 - 季度财报