Financial Performance - Revenue for Q3 2024 reached ¥111,249,221.39, an increase of 34.56% compared to the same period last year[2] - Net profit attributable to shareholders decreased by 18.53% to ¥11,529,728.48 in Q3 2024, and by 72.01% to ¥12,403,578.67 year-to-date[2][5] - Net profit excluding non-recurring items for Q3 2024 was ¥10,327,871.53, down 20.33%, and down 76.83% year-to-date[2][5] - Basic and diluted earnings per share for Q3 2024 were both ¥0.1460, a decrease of 17.47% compared to the previous year[2] - Total operating revenue for the current period is ¥251,841,486.63, a decrease of 0.7% compared to ¥253,739,206.82 in the previous period[13] - Net profit for the current period is ¥13,245,911.82, down 71.5% from ¥46,444,238.91 in the previous period[14] - The company’s total profit for the current period is ¥12,922,846.71, a decrease of 75.0% from ¥51,679,777.96 in the previous period[14] - Basic earnings per share decreased to ¥0.1558 from ¥0.5539 in the previous period, reflecting a decline of 71.9%[14] Cash Flow and Assets - Operating cash flow for the year-to-date increased by 123.72% to ¥54,391,161.86, driven by increased cash receipts from sales and reduced tax payments[5] - Cash flow from operating activities increased to ¥54,391,161.86, compared to ¥24,312,333.60 in the previous period, representing a 123.5% increase[15] - Cash received from sales of goods and services was ¥286,651,308.10, up 16.6% from ¥245,670,265.99 in the previous period[15] - Cash and cash equivalents at the end of the period amounted to CNY 56,873,666.71, down from CNY 139,801,402.88 year-over-year[16] - The company's cash and cash equivalents decreased to RMB 56,878,250.62 from RMB 122,244,040.45 at the beginning of the period[10] - The company reported a cash outflow from financing activities of CNY 53,931,861.90, compared to CNY 66,147,017.57 in the previous year, indicating improved cash management[16] - Cash inflow from financing activities totaled CNY 130,443,750.00, compared to CNY 13,452,800.00 in the previous year, marking a significant increase[16] - Net cash flow from financing activities was CNY 76,511,888.10, a turnaround from a negative CNY 52,694,217.57 in the same period last year[16] - The impact of exchange rate changes on cash and cash equivalents was a negative CNY 35,575.20, less severe than the previous year's impact of negative CNY 75,251.46[16] Assets and Liabilities - Total assets as of the end of Q3 2024 were ¥1,097,326,384.34, reflecting a 17.79% increase from the end of the previous year[2] - The company's total assets reached RMB 1,097,326,384.34, an increase from RMB 931,633,298.07 at the beginning of the period[12] - Current assets decreased to RMB 464,146,464.78 from RMB 486,313,874.69 at the beginning of the period[10] - Accounts receivable increased significantly to RMB 254,954,424.61 from RMB 162,679,108.11[10] - Non-current assets increased to RMB 633,179,919.56 from RMB 445,319,423.38[11] - Total liabilities increased to RMB 354,948,710.68 from RMB 167,521,128.89[11] - The company's equity attributable to shareholders decreased to RMB 724,789,948.13 from RMB 748,866,776.80[12] - Shareholders' equity attributable to shareholders decreased by 3.22% to ¥724,789,948.13 compared to the end of the previous year[2] Management and Strategy - The company appointed Mr. Yin Zhengzhong as the new general manager, effective from July 22, 2024[8] - The company revised its business scope and amended its articles of association, approved on August 7, 2024[8] - The company plans to enhance sales efforts, particularly in the insulated resin product line, to drive future revenue growth[5] - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[15] - The company has not disclosed any new product developments or market expansion strategies in this report[5] Other Financial Information - The company reported non-operating income of ¥1,201,856.95 for Q3 2024, with government subsidies contributing ¥2,199,160.83[3] - Research and development expenses for the current period are ¥17,841,335.38, slightly down from ¥18,215,049.25 in the previous period[13] - The company reported a significant increase in financial expenses, totaling ¥918,790.27, compared to a gain of ¥2,268,695.47 in the previous period[13] - The company did not undergo an audit for the third quarter report, indicating it remains unaudited[17]
博菲电气(001255) - 2024 Q3 - 季度财报