Financial Performance - The company's revenue for Q3 2024 reached ¥207,204,930.37, an increase of 13.55% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥18,937,628.94, reflecting a growth of 31.57% year-on-year[2]. - The net profit for Q3 2024 was CNY 44,139,127.93, an increase from CNY 42,920,936.24 in Q3 2023, representing a growth of approximately 2.84%[20]. - The total profit for the period reached CNY 53,105,313.13, compared to CNY 49,482,727.61 in the same quarter last year, indicating an increase of about 3.30%[20]. - Operating profit for Q3 2024 was CNY 53,102,492.58, up from CNY 49,139,888.58 in Q3 2023, reflecting a growth of approximately 4.00%[20]. - The total comprehensive income for the period was CNY 50,927,146.87, compared to CNY 43,657,385.21 in the previous year, marking an increase of around 16.00%[21]. - The basic earnings per share for Q3 2024 was ¥0.10, an increase of 25.00% year-on-year[2]. - The basic and diluted earnings per share for Q3 2024 were both CNY 0.24, down from CNY 0.28 in Q3 2023, a decline of about 14.29%[21]. Cash Flow - The net cash flow from operating activities for the year-to-date period increased by 44.75%, totaling ¥27,135,900.82[6]. - Cash inflow from operating activities was CNY 589,437,514.14, slightly down from CNY 591,670,968.00 in Q3 2023, a decrease of about 0.40%[22]. - Cash outflow from operating activities totaled CNY 562,301,613.32, compared to CNY 572,923,836.97 in the same quarter last year, showing a decrease of approximately 1.85%[22]. - The company's cash and cash equivalents decreased from RMB 400,360,430.79 to RMB 307,975,277.39, a decline of about 23%[16]. - The cash and cash equivalents at the end of the period totaled ¥207,387,243.97, down from ¥375,758,893.07 at the end of the previous period, representing a decrease of about 44.7%[23]. - The company reported a cash flow impact from exchange rate changes of ¥911,583.82, compared to ¥651,134.14 in the previous period, indicating a positive effect from currency fluctuations[23]. Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥1,474,596,311.44, representing a 2.13% increase from the end of the previous year[2]. - The company's total liabilities increased from RMB 411,486,991.55 to RMB 422,394,879.08, showing a rise of approximately 2.2%[18]. - The company's retained earnings increased from RMB 276,411,909.01 to RMB 300,735,620.93, an increase of about 8.8%[18]. - Total current assets decreased from RMB 1,030,309,254.90 at the beginning of the period to RMB 993,772,278.70 at the end of the period[17]. - The company's total assets increased from RMB 1,443,779,041.79 at the beginning of the period to RMB 1,474,596,311.44 at the end of the period[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,478[7]. - The largest shareholder, Qingdao Qihang Capital Management, holds 49.67% of the shares, totaling 90,000,000 shares[7]. - As of the end of the reporting period, the total number of restricted shares held by major shareholders was 135.9 million, with 22.4 million shares released during the period[10]. Government and Incentives - The company received government subsidies amounting to ¥3,368,700.37 during the reporting period[3]. - The company granted 2.7 million restricted stocks to 13 incentive objects at a price of RMB 6.78 per share on August 27, 2024[11]. Projects and Future Plans - The company plans to extend the completion date for the "Intelligent Shading Series Products New Project" and "Smart Home and Smart Medical Digital Factory Renovation and Expansion Project" to December 31, 2026[12]. - The company decided to terminate the "Intelligent Office Products Capacity Expansion Project" and redirect the remaining funds to the "Haojiang Intelligent Electronics Factory New Project" through a loan to its wholly-owned subsidiary[13]. - The company completed the registration of changes in business scope and obtained a new business license on September 24, 2024[14]. - The company plans to repurchase shares with a budget between RMB 26 million and RMB 50 million, with a maximum repurchase price of RMB 16.56 per share[14]. - The company adjusted the maximum repurchase price for shares from RMB 16.56 to RMB 16.46 per share as of June 3, 2024[15]. - As of September 30, 2024, the company repurchased a total of 870,733 shares, accounting for approximately 0.48% of the total share capital, with a total transaction amount of RMB 11,198,710.54[15]. Operating Costs and Expenses - Operating revenue for the current period was RMB 594,516,169.09, an increase from RMB 525,613,404.92 in the previous period, representing a growth of approximately 13.1%[19]. - Total operating costs rose to RMB 538,667,709.57 from RMB 470,761,009.57, indicating an increase of about 14.4%[19]. - Research and development expenses increased to RMB 36,437,537.40 from RMB 30,067,954.59, reflecting a growth of approximately 21.2%[19]. - Interest income for the quarter was CNY 6,920,509.39, significantly higher than CNY 1,426,796.37 in the previous year, representing an increase of approximately 385.00%[20]. - The company reported a decrease in financial expenses to CNY -6,355,152.91 from CNY -2,872,846.86 in Q3 2023, indicating a reduction in costs[20]. - Other comprehensive income after tax attributable to the parent company was CNY 6,788,018.94, compared to CNY 736,448.97 in the previous year, reflecting a substantial increase of approximately 820.00%[21].
豪江智能(301320) - 2024 Q3 - 季度财报