楚环科技(001336) - 2024 Q3 - 季度财报

Financial Performance - Q3 2024 revenue was CNY 78,979,055.55, a decrease of 7.56% year-over-year[3] - Net profit attributable to shareholders was CNY 2,894,983.64, down 26.08% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was CNY 2,046,530.01, a decline of 27.22% year-over-year[3] - Total operating revenue for Q3 2024 was CNY 271,875,214.84, a decrease of 3.9% compared to CNY 282,493,116.81 in the same period last year[15] - The net profit for Q3 2024 was CNY 21,604,474.22, a decrease of 18.5% compared to CNY 26,348,433.70 in Q3 2023[16] - Operating profit for Q3 2024 was CNY 24,746,899.80, down from CNY 31,772,398.24 in the same period last year, reflecting a decline of 22.1%[16] - The company recorded a total comprehensive income of CNY 21,604,474.22 for Q3 2024, down from CNY 26,348,433.70 in Q3 2023[17] - The company’s total profit for Q3 2024 was CNY 24,599,459.19, a decrease of 22.1% from CNY 31,542,716.43 in the same quarter last year[16] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY 40,335,172.45, an increase of 387.93%[3] - The company's net cash flow from operating activities increased by 387.93% to ¥40,335,172.45 compared to the same period last year, primarily due to increased sales and reduced payments to suppliers[8] - Cash and cash equivalents at the end of Q3 2024 were CNY 213,773,713.47, down 31.8% from CNY 313,485,736.41 at the beginning of the year[12] - The company reported a total cash and cash equivalents balance of CNY 204,714,150.42 at the end of Q3 2024, up from CNY 44,590,270.08 at the end of Q3 2023[19] - The company’s cash flow from financing activities showed a net outflow of CNY -2,186,343.51 in Q3 2024, compared to a net inflow of CNY 14,700,499.33 in Q3 2023[19] Assets and Liabilities - Total assets as of September 30, 2024, were CNY 1,225,315,436.28, reflecting a 6.27% increase from the end of the previous year[3] - Total liabilities as of Q3 2024 were CNY 447,621,666.45, up from CNY 378,830,510.46 at the beginning of the year[14] - Inventory increased to CNY 112,445,673.42, up 22.5% from CNY 91,740,514.11 at the beginning of the year[12] - The total equity attributable to shareholders increased to CNY 777,693,769.83, compared to CNY 774,196,033.23 at the beginning of the year[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,970, with the largest shareholder holding 24.63% of the shares[9] - The company repurchased 520,000 shares, accounting for approximately 0.6470% of the total share capital[10] Government Support and Incentives - The company received government subsidies amounting to CNY 633,869.59 during the quarter[4] - Deferred income increased by 48.15% to ¥2,028,520.00, mainly due to an increase in government subsidies related to assets[8] - Other income increased by 67.33% to ¥3,605,406.59, attributed to tax incentives for the manufacturing sector[8] Impairment and Expenses - The company reported a significant increase in credit impairment losses, which rose by 148.47% to -¥14,144,877.90, mainly due to increased bad debt losses on accounts receivable[8] - The company experienced a 441.30% increase in asset impairment losses, amounting to ¥1,269,457.05, primarily due to the reversal of bad debt provisions for contract assets[8] - The company’s income tax expense decreased by 42.34% to ¥2,994,984.97, reflecting a reduction in profits[8] - Research and development expenses for Q3 2024 amounted to CNY 16,268,921.18, a decrease of 17.3% compared to CNY 19,690,660.41 in the previous year[15] Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[15]