上纬新材(688585) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥400,577,203.83, representing an increase of 8.18% year-over-year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥20,478,192.27, a decrease of 32.30% compared to the same period last year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,352,650.16, down 37.34% year-over-year[2]. - The basic earnings per share for Q3 2024 was ¥0.05, reflecting a decline of 37.50% compared to the previous year[4]. - Total operating revenue for the first three quarters of 2024 reached CNY 1,097,244,501.02, an increase from CNY 1,020,226,565.24 in the same period of 2023, representing a growth of approximately 7.5%[18]. - Net profit for the first three quarters of 2024 was CNY 64,599,021.10, compared to CNY 62,253,306.08 in 2023, indicating a growth of approximately 3.8%[20]. - The total comprehensive income for the third quarter of 2024 was CNY 59,174,750.95, compared to CNY 55,644,913.37 in 2023, reflecting an increase of approximately 9.1%[20]. Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥1,877,824,118.79, an increase of 5.24% from the end of the previous year[4]. - Total assets as of September 30, 2024, reached CNY 1,877,824,118.79, an increase from CNY 1,784,246,913.41 at the end of 2023, reflecting a growth of approximately 5.23%[12]. - The company's total liabilities increased to CNY 622,273,664.77 from CNY 567,143,009.83, marking an increase of about 9.7%[16]. - The total equity attributable to shareholders of the parent company rose to CNY 1,250,766,496.78 from CNY 1,213,523,164.49, showing an increase of approximately 3.1%[17]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥38,388,050.19, a decline of 115.85% compared to the previous year[2]. - In the first three quarters of 2024, the company reported cash inflows from operating activities of CNY 674,046,084.77, a decrease of approximately 24.6% compared to CNY 894,867,174.60 in the same period of 2023[21]. - The net cash flow from operating activities for the first three quarters of 2024 was negative CNY 38,388,050.19, contrasting with a positive CNY 242,235,823.13 in the previous year[21]. - The company recorded cash inflows from financing activities of CNY 9,422,754.88, slightly up from CNY 8,593,846.53 in the previous year[22]. - The net cash flow from financing activities was negative CNY 20,068,196.43, compared to negative CNY 19,164,517.72 in the same period of 2023[22]. Expenses and Investments - Research and development expenses totaled ¥7,628,219.08, accounting for 1.90% of operating revenue, a decrease of 0.09 percentage points year-over-year[4]. - Research and development expenses for the first three quarters of 2024 were CNY 22,804,321.01, slightly up from CNY 22,135,632.31 in 2023[18]. - Cash inflows from investment activities totaled CNY 254,135,733.25, significantly up from CNY 80,940,335.34 in the first three quarters of 2023, marking an increase of approximately 213.5%[22]. - The net cash flow from investment activities was negative CNY 126,906,558.70, compared to negative CNY 207,080,638.92 in the same period last year, indicating an improvement[22]. Other Financial Metrics - The weighted average return on equity for Q3 2024 was 1.66%, a decrease of 0.93 percentage points year-over-year[4]. - The company reported a government subsidy of ¥1,121,537.00 for the current period, contributing to its non-recurring gains[5]. - The company experienced an increase in foreign exchange losses due to currency fluctuations, impacting net profit[8]. - The company reported a decrease in credit impairment losses to CNY -287,249.44 from CNY -870,838.58, indicating improved asset quality[20]. - The company has not disclosed any significant changes in shareholder relationships or actions among the top shareholders during the reporting period[11].