Financial Performance - Revenue for Q3 2024 reached ¥303,665,792.57, an increase of 14.50% year-over-year[2] - Total operating revenue for Q3 2024 reached ¥875,236,763.02, an increase of 15.1% compared to ¥760,219,604.00 in the same period last year[16] - Net profit for Q3 2024 was ¥49,356,489.09, a slight increase from ¥47,750,795.99 in Q3 2023[17] - Net profit attributable to shareholders decreased by 35.90% to ¥11,757,533.69 in Q3 2024[2] - Net profit excluding non-recurring items fell by 41.40% to ¥10,420,265.98 for the same period[2] - The total comprehensive income attributable to the parent company reached ¥63,402,744.71, an increase of 22.8% compared to ¥51,644,372.30 in the previous period[18] - Basic and diluted earnings per share both stood at ¥0.1584, up from ¥0.129 in the same period last year, reflecting a growth of 22.8%[18] Assets and Liabilities - Total assets as of the end of Q3 2024 amounted to ¥2,791,381,274.61, reflecting a 1.14% increase from the end of the previous year[2] - The company's total assets increased to ¥2,791,381,274.61, compared to ¥2,759,954,977.10 at the end of the previous quarter[15] - The total liabilities decreased slightly to ¥1,548,157,628.44 from ¥1,553,648,192.96 in the previous quarter[15] - Shareholders' equity increased by 4.13% to ¥1,236,520,041.72 compared to the end of the previous year[2] - The equity attributable to shareholders of the parent company increased to ¥1,236,520,041.72, compared to ¥1,187,421,924.07 in the same period last year[15] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥213,350,542.60, up 16.28% year-over-year[2] - Cash inflow from operating activities totaled ¥856,259,239.72, compared to ¥747,618,300.14 in the previous year, marking an increase of 14.6%[19] - The net cash flow from operating activities was ¥213,350,542.60, up from ¥183,487,455.02, representing a growth of 16.3%[19] - Cash inflow from investment activities was ¥450,682,275.38, significantly higher than ¥11,350,837.53 in the previous year[20] - The net cash flow from investment activities was -¥443,366,246.06, worsening from -¥318,958,233.93 in the same period last year[20] - Cash inflow from financing activities was ¥114,245,673.78, down from ¥449,789,714.07 in the previous year, indicating a decrease of 74.6%[20] - The net cash flow from financing activities was -¥110,318,816.98, compared to a positive flow of ¥45,879,705.93 in the previous year[20] - The total cash and cash equivalents at the end of the period were ¥204,109,852.84, compared to ¥121,695,323.01 at the end of the previous year, showing an increase of 67.6%[20] Expenses - Management expenses rose by 30.85% to ¥79,799,779.63 due to increased share-based payment expenses[8] - Financial expenses surged by 77.20% to ¥18,587,039.55, primarily due to accrued convertible bond interest[8] - Research and development expenses for Q3 2024 were ¥32,574,851.91, an increase from ¥28,726,573.71 in Q3 2023[16] Inventory and Receivables - The company reported a significant increase in inventory by 31.05% to ¥371,507,698.73, driven by increased raw material stocking in response to sales orders[7] - Accounts receivable increased from 227,464,481.87 CNY to 283,906,213.90 CNY, an increase of about 24.9%[13] - Inventory rose significantly from 283,485,855.95 CNY to 371,507,698.73 CNY, reflecting an increase of approximately 31.0%[13] - The total current assets decreased from 1,275,468,878.83 CNY to 1,015,855,337.55 CNY, a reduction of about 20.4%[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,765[9] - Major shareholder Chen Ankang holds 33.64% of shares, totaling 134,703,476 shares[9] - Major shareholder Chen Shuo holds 4.61% of shares, totaling 18,458,108 shares[9] - The company has a total of 101,027,607 shares under lock-up restrictions due to IPO[12] - The total number of shares held by the top ten shareholders represents a significant portion of the company's equity[9] Other Information - The company has engaged in financing and securities lending activities involving its major shareholders[11] - The company reported a significant increase in other income, which reached ¥10,986,987.09, compared to ¥3,665,958.17 in Q3 2023[17] - The company has implemented a change in accounting policy regarding warranty costs, impacting sales expenses and operating costs accordingly[21] - The company reported a significant increase in construction in progress, which reached ¥858,671,919.39, compared to ¥529,083,111.66 in the previous year[15] - Long-term equity investments rose to ¥40,257,442.69, up from ¥38,836,541.77 year-over-year[15]
上海艾录(301062) - 2024 Q3 - 季度财报