Revenue and Profitability - Revenue for Q3 2024 reached ¥267,041,146.02, an increase of 53.42% compared to the same period last year[2] - Net profit attributable to shareholders was ¥50,026,430.09, up 29.53% year-on-year[2] - Net profit excluding non-recurring gains and losses was ¥42,962,011.04, a significant increase of 98.53% compared to the previous year[2] - Total operating revenue for the first three quarters of 2024 reached RMB 772,373,577.20, an increase of 28% compared to RMB 604,169,566.31 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was RMB 129,792,242.86, representing a 11% increase from RMB 116,784,911.31 in the same period of 2023[16] - The company’s total comprehensive income for the third quarter of 2024 was RMB 130,087,235.23, compared to RMB 116,618,249.32 in the same period of 2023[17] Research and Development - R&D investment totaled ¥24,829,566.87 in Q3 2024, representing 9.30% of revenue, an increase of 0.88 percentage points year-on-year[3] - Research and development expenses increased to RMB 69,539,451.46 in the first three quarters of 2024, up 65% from RMB 42,045,562.92 in 2023[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,755,255,016.62, reflecting a growth of 31.27% from the end of the previous year[3] - As of September 30, 2024, the company's total assets reached approximately RMB 3.76 billion, an increase from RMB 2.86 billion at the end of 2023, reflecting a growth of about 31.2%[12] - The total liabilities as of the end of the third quarter of 2024 amounted to RMB 1,704,079,182.98, compared to RMB 927,082,856.93 at the end of the same period in 2023[15] - The total current liabilities rose to RMB 1.59 billion, up from RMB 1.02 billion, reflecting an increase of approximately 55.9%[13] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥51,840,089.84, a decrease of 166.10% compared to the same period last year[2] - Operating cash inflow for the first three quarters of 2024 reached CNY 1,013,337,591.99, a significant increase of 35.9% compared to CNY 746,479,778.13 in the same period of 2023[18] - The net cash flow from operating activities for the first three quarters of 2024 was -CNY 51,840,089.84, contrasting with a positive net cash flow of CNY 78,425,033.13 in the first three quarters of 2023[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,511[8] - Basic earnings per share for Q3 2024 were ¥0.30, a decrease of 3.23% year-on-year[3] - Basic earnings per share for the third quarter of 2024 were RMB 0.77, down from RMB 0.93 in the same quarter of 2023[17] Financial Position - The weighted average return on equity was 2.47%, down 3.51 percentage points from the previous year[3] - The company reported a profit before tax of RMB 143,143,404.91 for the first three quarters of 2024, compared to RMB 131,376,000.51 in the previous year[16] - The company’s financial expenses showed a significant improvement, with a net financial income of RMB -6,838,597.97 in the first three quarters of 2024, compared to RMB 260,276.70 in the previous year[15] Inventory and Receivables - Accounts receivable increased significantly to RMB 355.78 million, up from RMB 218.51 million, marking a growth of about 62.8%[12] - Inventory surged to RMB 1.70 billion, compared to RMB 957.35 million, indicating an increase of approximately 77.5%[12] Future Outlook - The company is set to implement new accounting standards starting in 2024, which may affect future financial reporting[21]
京仪装备(688652) - 2024 Q3 - 季度财报