锦浪科技(300763) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥1,806,522,149.59, representing a 29.92% increase compared to ¥1,390,440,779.12 in the same period last year[2] - Net profit attributable to shareholders was ¥316,642,555.54, a significant increase of 154.70% from ¥124,318,078.18 year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥310,639,899.41, up 147.34% from ¥124,833,805.77 in the previous year[2] - The basic earnings per share increased to ¥0.80, reflecting a growth of 158.06% compared to ¥0.31 in the same quarter last year[2] - Total operating revenue for Q3 2024 reached CNY 5,161,509,166.50, an increase of 11.2% compared to CNY 4,641,385,974.69 in the same period last year[18] - The company's net profit for the period was CNY 695,718,509.19, a decrease from CNY 820,807,429.57 in the previous year, indicating a decline of 15.2%[18] - The total profit for Q3 2024 was ¥696,162,518.54, a decrease of 15.2% compared to ¥820,026,206.80 in Q3 2023[19] - Net profit for Q3 2024 was ¥668,875,122.29, down 11.0% from ¥751,506,234.11 in the same period last year[19] - Total comprehensive income for Q3 2024 was ¥668,219,037.87, down from ¥750,943,222.65 in Q3 2023[19] Cash Flow and Assets - The company's cash flow from operating activities for the year-to-date reached ¥1,407,893,335.08, a remarkable increase of 18,239.28% compared to a negative cash flow in the same period last year[2] - Net cash flow from operating activities reached ¥1,407,893,335.08, a dramatic increase of 18239.28% compared to the previous year[8] - Cash and cash equivalents at the end of the quarter were CNY 1,112,207,424.26, compared to CNY 1,078,153,253.65 at the beginning of the period, showing a growth of 3.1%[16] - Cash and cash equivalents at the end of Q3 2024 totaled ¥1,110,629,406.76, compared to ¥1,352,880,883.30 at the end of Q3 2023[21] - The company's cash and cash equivalents increased by 133.31% to ¥64,590,273.32, driven by reduced investments in distributed photovoltaic systems[8] - The total assets at the end of the reporting period were ¥21,592,306,774.67, showing a 1.40% increase from the previous year-end[2] - Total assets reached CNY 21,894,198,804.36, a slight increase from CNY 21,592,306,774.67, reflecting a growth of 1.4%[17] Liabilities and Equity - Short-term borrowings surged by 595.30% to ¥695,588,124.99, primarily due to increased financing activities[6] - Total liabilities decreased to CNY 13,551,327,774.55 from CNY 13,836,205,748.37, indicating a reduction of 2.1%[17] - The company's equity increased to CNY 8,342,871,029.81, compared to CNY 7,756,101,026.30, representing a growth of 7.5%[17] Expenses and Costs - Sales expenses increased by 32.30% to ¥339,056,601.86 due to higher overseas service fees, marketing personnel salaries, and exhibition costs[7] - Financial expenses surged by 158.57% to ¥246,041,271.10 primarily due to increased interest expenses from expanded loan sizes[7] - The company reported a 60.18% decrease in income tax expenses to ¥27,287,396.25, reflecting a decline in total profit[7] - The company's tax expenses for Q3 2024 were ¥27,287,396.25, significantly lower than ¥68,519,972.69 in Q3 2023[19] - Total operating costs amounted to CNY 4,494,941,968.74, up from CNY 3,807,965,725.03, reflecting a year-over-year increase of 18.1%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 46,903, with the largest shareholder holding 25.02%[9] - The company reported that 2,643,698 shares are held by China Industrial Bank, accounting for 0.66% of the total share capital[11] - The company has a total of 6,026,830 shares held by E Fund, representing 1.51% of the total share capital[11] - The company has a total of 3,819,500 shares held by management and core technical personnel, with 2,521,050 shares remaining under restriction[12] - The company reported a total of 79,398,340 restricted shares at the beginning of the period, with 85,000 shares released from restriction, resulting in 77,912,890 restricted shares at the end of the period[13] - The company has a total of 74,954,866 restricted shares held by executive Wang Yiming, which are subject to a 25% annual release based on the previous year's holdings[12] - The company has reported a total of 287,275 restricted shares held by executive Guo Junqiang, with 37,500 shares released from restriction during the period[12] Investments and R&D - Investment income rose significantly by 672.52% to ¥18,119,166.78 as a result of selling equity in certain power station projects[7] - The company reported R&D expenses of CNY 291,067,961.34, an increase from CNY 238,050,311.25, reflecting a rise of 22.2% year-over-year[18] Corporate Actions and Plans - The company announced a plan to repurchase and cancel 1,400,450 shares of restricted stock that were granted but not yet released from restrictions[13] - The company has announced the completion of the repurchase and cancellation of restricted shares under the 2023 incentive plan[14] - The company is recognized as a high-tech enterprise, with a re-certification announcement made on January 3, 2024[14] - The company has implemented a "Quality Return Double Improvement" action plan, announced on February 5, 2024[14]