英科再生(688087) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥796,875,790.13, representing a year-on-year increase of 15.43%[2] - Net profit attributable to shareholders for Q3 2024 was ¥39,417,489.83, up 6.24% compared to the same period last year[2] - The cumulative operating revenue for the first three quarters of 2024 was ¥2,231,451,496.15, reflecting a 22.30% year-on-year growth[3] - The net profit attributable to shareholders for the first three quarters of 2024 was ¥194,568,839.16, an increase of 24.91% year-on-year[4] - The net profit for Q3 2024 was CNY 194,568,839.16, an increase of 24.87% compared to CNY 155,769,989.97 in Q3 2023[19] - The total comprehensive income for Q3 2024 reached CNY 260,107,937.01, up from CNY 155,599,347.88 in the same period last year, reflecting a growth of 67.06%[20] - Basic and diluted earnings per share for Q3 2024 were both CNY 1.04, compared to CNY 0.83 in Q3 2023, representing a 25.30% increase[20] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥5,502,872,607.18, a 37.00% increase from the end of the previous year[3] - Total liabilities reached CNY 3,045,425,010.83 in Q3 2024, compared to CNY 1,777,954,884.80 in Q3 2023, representing an increase of 71.2%[16] - The company's non-current assets totaled CNY 1,887,608,489.35, up from CNY 1,560,366,566.01, indicating a growth of 20.9% year-over-year[16] - The total equity attributable to shareholders reached CNY 2,457,447,596.35, compared to CNY 2,238,730,433.02 in the previous year, marking an increase of 9.8%[16] Cash Flow - Cash flow from operating activities for the first three quarters increased by 33.95% year-on-year, driven by business growth[8] - Cash flow from operating activities for the first three quarters of 2024 was CNY 2,297,855,704.55, an increase of 21.43% from CNY 1,892,457,509.02 in the same period of 2023[21] - The net cash flow from operating activities for Q3 2024 was CNY 249,259,633.72, compared to CNY 186,079,616.47 in Q3 2023, marking a growth of 33.88%[22] - Cash flow from investing activities showed a net outflow of CNY 514,300,845.07 in Q3 2024, compared to a net outflow of CNY 164,460,572.56 in Q3 2023[22] - Cash flow from financing activities resulted in a net outflow of CNY 92,520,046.77 in Q3 2024, contrasting with a net inflow of CNY 439,307,157.15 in Q3 2023[22] Research and Development - Research and development (R&D) expenses totaled ¥31,265,628.62 in Q3 2024, accounting for 3.92% of operating revenue[3] - Research and development expenses increased to CNY 89,918,965.81 in 2024, compared to CNY 79,045,117.25 in 2023, reflecting a growth of 13.5%[17] Foreign Exchange and Financial Performance - The company experienced a foreign exchange loss of ¥5,504.04 million in Q3 2024, impacting net profit[4] - The company continues to enhance its operational profitability, with a year-on-year increase of 53.39% in net profit when excluding foreign exchange losses and financial expenses[4] - The company reported a financial expense of CNY 4,056,117.14 in 2024, a significant change from a financial income of CNY 40,889,413.29 in 2023, indicating a shift in financial performance[17] Product and Market Strategy - The revenue distribution of the company's five main products for the first three quarters of 2024 was as follows: decorative products 43.49%, decorative building materials 30.82%, particles 13.71%, PET products 10.01%, and environmental equipment 1.17%[12] - The company aims to enhance product development and channel expansion, targeting a revenue share of over 70% from high-value recycled plastic end products[12] - The company is focused on diversifying product materials, forms, and application scenarios to improve product performance[12] - The company is leveraging social media and e-commerce platforms to increase brand awareness and product exposure[12] - The company has established a competitive advantage in the global supply chain, enhancing customer loyalty through its capital strength[11] - The company is expanding its overseas production bases, with the Vietnam Yingke Qinghua Phase II project currently under construction[12]