浙江恒威(301222) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥201,925,128.90, representing a 13.78% increase compared to the same period last year[2]. - Net profit attributable to shareholders decreased by 41.12% to ¥25,391,027.64, while the net profit after deducting non-recurring gains and losses fell by 60.64% to ¥22,948,158.43[2]. - The basic earnings per share for the reporting period was ¥0.2506, a decrease of 39.66% compared to the same period last year[2]. - Net profit for the period was ¥87,217,627.82, slightly down from ¥88,991,455.45, indicating a decrease of about 2%[15]. - Operating profit for the period was ¥101,708,070.84, compared to ¥104,848,974.37 in the previous period, showing a decline of approximately 2.1%[15]. - Revenue from commission income increased to ¥415,140,290.77 from ¥331,300,359.42, marking a growth of about 25.3%[14]. - The basic earnings per share decreased to ¥0.8607 from ¥0.88, representing a decline of about 2.3%[15]. - Tax expenses for the period were ¥14,752,599.70, down from ¥15,689,419.95, indicating a decrease of approximately 6%[15]. - Other comprehensive income after tax for the parent company was -¥129,437.08, an improvement from -¥326,856.31 in the previous period[15]. Cash Flow and Investments - The operating cash flow for the year-to-date period showed a significant decline of 171.30%, amounting to -¥31,582,605.36[2]. - Cash flow from operating activities showed a net outflow of ¥31,582,605.36, a significant decrease from a net inflow of ¥44,295,066.70 in the previous period[16]. - Cash inflow from investment activities totaled ¥1,864,742,499.15, a substantial increase from ¥604,265,534.75, indicating a growth of approximately 208%[16]. - Cash outflow for investment activities was ¥1,899,995,705.55, compared to ¥556,802,905.99 in the previous period, reflecting a significant increase in investment spending[16]. - The net cash flow from financing activities was -47,304,717.94 CNY, compared to -50,666,700.00 CNY in the previous period, indicating a slight improvement[17]. - The cash and cash equivalents at the end of the period totaled 861,367,184.03 CNY, down from 882,262,219.30 CNY in the previous period[17]. - The net increase in cash and cash equivalents was -118,373,346.60 CNY, contrasting with an increase of 39,204,975.81 CNY in the previous period[17]. - The company reported a cash outflow of 30,262,020.00 CNY for dividend distribution and interest payments[17]. - The impact of exchange rate changes on cash and cash equivalents was -4,232,816.90 CNY, compared to -1,886,019.65 CNY in the previous period[17]. Assets and Liabilities - Total assets increased by 3.70% to ¥1,452,534,338.92 compared to the end of the previous year[2]. - The total assets of Zhejiang Hengwei Battery Co., Ltd. as of the end of Q3 2024 amounted to RMB 1,452,534,338.92, an increase from RMB 1,400,647,401.38 at the beginning of the period, reflecting a growth of approximately 3.5%[11]. - The company's cash and cash equivalents decreased to RMB 861,367,184.03 from RMB 981,059,224.90, representing a decline of about 12.2%[11]. - Accounts receivable increased significantly to RMB 159,829,012.06 from RMB 78,270,108.48, marking a rise of approximately 104.5%[11]. - Inventory levels rose to RMB 115,903,439.14 from RMB 97,413,633.26, indicating an increase of around 18.9%[11]. - The total liabilities of the company at the end of Q3 2024 were RMB 80,357,038.46, up from RMB 68,253,670.14, which is an increase of approximately 17.5%[12]. - The company's equity increased to RMB 1,372,177,300.46 from RMB 1,332,393,731.24, reflecting a growth of about 3%[12]. - Total equity attributable to the parent company reached ¥1,372,177,300.46, an increase from ¥1,332,393,731.24 in the previous period, reflecting a growth of approximately 2.8%[13]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,393[7]. - The largest shareholder, Jiaxing Hengmao Enterprise Management Co., Ltd., holds a 37.72% stake in the company[7]. Share Repurchase Plan - The company plans to repurchase shares with a budget of between RMB 25 million and RMB 50 million, at a price not exceeding RMB 36.20 per share, within a 12-month period[10]. - The company has implemented a share repurchase plan to support employee stock ownership and equity incentives, with the first announcement made on February 19, 2024[10]. Other Information - The company attributed the decline in net profit to the significant depreciation of the US dollar against the Chinese yuan, impacting profits due to the company's reliance on exports priced in USD[6]. - The company has not yet adopted the new accounting standards for the current financial year[17]. - The third quarter report has not been audited[17].