Financial Performance - Net profit attributable to shareholders for the first nine months of 2024 was ¥49,862,897.86, a decrease of 6.22% year-over-year[3] - Total operating revenue for the first nine months of 2024 is CNY 252.28 million, a slight decrease of 0.65% compared to CNY 254.93 million in the same period of 2023[20] - Net profit for the first nine months of 2024 is CNY 47.97 million, down 10.67% from CNY 53.17 million in the same period of 2023[21] - Basic and diluted earnings per share for the first nine months of 2024 are both CNY 0.38, compared to CNY 0.53 in the same period of 2023[22] - Operating profit for the first nine months of 2024 is CNY 53.38 million, a decrease of 14.48% from CNY 62.40 million in the same period of 2023[21] - The total profit for the first nine months of 2024 is CNY 56.36 million, down 10.56% from CNY 62.88 million in the same period of 2023[21] Cash Flow and Liquidity - Operating cash flow for the first nine months of 2024 surged to ¥46,851,510.58, reflecting a significant increase of 503.91% compared to the same period last year[3] - Operating cash inflow for the first nine months of 2024 was CNY 193,018,828.74, up from CNY 154,676,569.78 in the same period of 2023, representing an increase of approximately 24.7%[25] - Net cash flow from operating activities for the first nine months of 2024 was CNY 44,230,737.07, compared to CNY 7,757,690.29 in the same period of 2023, indicating a significant improvement[27] - Total cash and cash equivalents at the end of the period reached CNY 262,112,136.52, up from CNY 232,364,740.26 at the end of the same period in 2023[27] - The company reported a significant increase in cash flow, with cash equivalents rising by ¥60,467,199.53, indicating improved liquidity[17] Assets and Liabilities - Total assets as of September 30, 2024, reached ¥820,455,053.35, an increase of 2.60% compared to the end of 2023[3] - The company reported a total current assets of ¥662,805,213.81 as of September 30, 2024, an increase from ¥644,921,699.63 at the end of 2023, reflecting a growth of approximately 2%[14] - Total liabilities increased to ¥118,397,069.17 from ¥113,060,307.25, reflecting a growth of about 4.0%[16] - Current liabilities rose to ¥116,070,921.78 from ¥110,528,877.26, an increase of about 5%[15] - The company’s total liabilities to assets ratio (consolidated) was 14.43%, slightly up from 14.14% at the end of 2023[3] Shareholder Information - The company has a total of 98,231,310 shares held by the top ten shareholders, accounting for 75.57% of total shares[9] - The largest shareholder, Zhou Ming, holds 20,709,075 shares, representing 15.93% of the total shares[8] - The company has no pledged or judicially frozen shares among the top shareholders[10] Expenses and Costs - Sales expenses increased by 42.59% to ¥11,644,577.56 due to market expansion efforts in new rubber products and special tape[4] - Total operating costs increased to CNY 192.91 million, up 5.67% from CNY 183.53 million year-on-year[20] - Research and development expenses increased to CNY 12.07 million, up 13.88% from CNY 10.60 million year-on-year[20] Other Income and Gains - Interest income rose by 109.81% to ¥2,258,804.53, attributed to new bank deposits from raised funds[4] - The company received government subsidies amounting to ¥4,636,054.54, which are closely related to its normal business operations[6] - Non-recurring gains and losses for the period totaled ¥4,781,749.18 after tax[6] - Other income for the first nine months of 2024 is CNY 1.50 million, significantly higher than CNY 0.37 million in the same period of 2023[20] Investment Activities - Cash inflow from investment activities totaled CNY 276,301,903.66 in the first nine months of 2024, compared to CNY 118,343,998.65 in the same period of 2023, reflecting an increase of approximately 133.5%[27] - Net cash flow from investment activities was CNY 50,197,254.96 for the first nine months of 2024, a recovery from a negative cash flow of CNY -5,823,563.67 in the same period of 2023[27] - Cash outflow for investment activities was CNY 226,104,648.70, compared to CNY 124,167,562.32 in the same period of 2023, indicating increased investment activity[27] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[20]
科强股份(873665) - 2024 Q3 - 季度财报