YTOT(300790)2024-10-29 08:52Financial Performance - The company's revenue for Q3 2024 reached ¥744.82 million, a 33.11% increase compared to ¥559.55 million in the same period last year[1]. - Net profit attributable to shareholders was ¥48.75 million, representing a significant increase of 235.13% from ¥14.55 million year-on-year[1]. - The net profit excluding non-recurring gains and losses was ¥49.11 million, up 270.75% from ¥12.01 million in the previous year[1]. - Basic earnings per share increased to ¥0.15, a 275.00% rise from ¥0.04 in the same quarter last year[1]. - The company's operating revenue for the current period reached ¥1,993,437,970.18, representing a 33.67% increase compared to ¥1,491,327,025.05 in the previous period, driven by growth in security, automotive, and automotive parts sales orders[7]. - Total operating revenue for Q3 2024 reached CNY 1,993,437,970.18, a significant increase from CNY 1,491,327,025.05 in Q3 2023, representing a growth of approximately 33.7%[15]. - Net profit for Q3 2024 was CNY 147,091,713.16, compared to CNY 49,748,279.98 in Q3 2023, indicating a year-over-year increase of about 195.5%[16]. - The total comprehensive income for Q3 2024 was CNY 147,281,622.98, compared to CNY 50,295,920.68 in Q3 2023, indicating an increase of about 192.5%[17]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5.06 billion, showing a slight increase of 0.02% from the previous year-end[1]. - As of September 30, 2024, total assets amounted to ¥5,056,868,460.69, slightly up from ¥5,055,839,501.43 at the beginning of the period[13]. - The total liabilities as of Q3 2024 amounted to CNY 3,196,804,961.12, compared to CNY 3,057,275,159.62 in the previous year, marking an increase of about 4.6%[15]. - The total non-current liabilities increased to CNY 1,037,362,672.41 in Q3 2024 from CNY 808,233,687.50 in Q3 2023, reflecting a growth of approximately 28.3%[15]. - The company reported a significant increase in goodwill, which rose by 99.80% to ¥83.56 million due to a business combination under common control[6]. - The company reported a significant increase in goodwill, rising to ¥83,558,438.40 from ¥41,821,990.68, indicating a growth of approximately 99.5%[14]. Cash Flow - The cash flow from operating activities for the year-to-date period was ¥178.90 million, a decrease of 43.64% compared to ¥317.44 million in the previous year[1]. - Cash flow from operating activities for Q3 2024 was CNY 1,598,560,326.56, compared to CNY 1,458,585,000.01 in Q3 2023, showing an increase of approximately 9.6%[18]. - The net cash flow from operating activities for Q3 2024 was ¥178,898,959.68, a decrease of 43.7% compared to ¥317,444,890.65 in Q3 2023[19]. - The net cash flow from financing activities was ¥126,576,748.47, down 76.0% from ¥526,000,025.73 in Q3 2023[19]. - The company received ¥1,106,000,000.00 in borrowings during Q3 2024, an increase from ¥750,312,650.64 in Q3 2023[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,027, with the top ten shareholders holding significant stakes[9]. - The largest shareholder, Zhang Pingguang, holds 13.09% of the shares, amounting to 42,674,341 shares, with a portion pledged[9]. Research and Development - Research and development expenses increased by 42.06% to ¥115,538,013.69 from ¥81,332,200.19, primarily due to higher material costs, employee compensation, and depreciation[7]. - Research and development expenses increased to CNY 115,538,013.69 in Q3 2024, up from CNY 81,332,200.19 in Q3 2023, reflecting a growth of approximately 42.0%[16]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥1.72 million during the reporting period, contributing positively to its financial performance[3]. - The company reported a significant increase in other income, which rose by 121.22% to ¥28,674,609.81, attributed to increased government subsidies related to daily operations[7]. Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[10].