COPTON(SH:603798)2024-10-30 08:27Financial Performance - The company's operating revenue for Q3 2024 was ¥239,173,066.41, a decrease of 8.54% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥11,551,522.31, an increase of 5.03% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 38.35% to ¥4,234,804.57 in Q3 2024[2]. - Total operating revenue for the first three quarters of 2024 was CNY 844,461,428.37, a decrease of 6.3% compared to CNY 901,289,604.36 in the same period of 2023[15]. - Net profit for the first three quarters of 2024 reached CNY 65,980,633.73, an increase of 30.1% from CNY 50,654,607.99 in the first three quarters of 2023[15]. - The total comprehensive income for Q3 2024 reached ¥65,980,633.73, compared to ¥50,654,607.99 in Q3 2023, indicating a year-over-year increase of about 30.1%[17]. - The basic earnings per share for Q3 2024 was ¥0.23, up from ¥0.19 in Q3 2023, reflecting a growth of 21.1%[17]. Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥1,398,367,424.93, reflecting a 2.92% increase from the end of the previous year[4]. - Total assets as of September 30, 2024, amounted to CNY 1,398,367,424.93, up from CNY 1,358,695,258.32 at the end of 2023[13]. - Total liabilities increased to CNY 221,073,036.57 from CNY 198,321,635.25 year-over-year[13]. - The company has maintained its capital structure with total equity reaching CNY 1,177,294,388.36, up from CNY 1,160,373,623.07 at the end of 2023[13]. Cash Flow - Cash flow from operating activities for the year-to-date period increased significantly by 1,967.10% to ¥152,888,875.28[6]. - Cash flow from operating activities for the first nine months of 2024 was ¥152,888,875.28, a significant improvement from a negative cash flow of ¥8,188,553.83 in the same period of 2023[18]. - The ending cash and cash equivalents balance as of September 30, 2024, was ¥366,375,391.51, a significant increase from ¥85,673,183.39 at the end of Q3 2023[19]. - The company reported a cash inflow of ¥782,785,937.84 from sales of goods and services in the first nine months of 2024, a decline from ¥928,490,695.75 in the same period of 2023, representing a decrease of approximately 15.7%[18]. Shareholder Information - The company reported a total of 17,565 common shareholders at the end of the reporting period[7]. - The largest shareholder, Hengjia Shike International (Hong Kong) Limited, holds 26.99% of the shares[7]. Government Support and Non-Recurring Items - The company received government subsidies amounting to ¥7,339,011.74 during the reporting period[5]. - Non-recurring gains and losses totaled ¥7,316,717.74 for Q3 2024[5]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 24,917,270.46, down from CNY 27,589,180.48 in the same period of 2023[15]. Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to drive future growth[14].