天原股份(002386) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥3,374,832,326.04, representing a decrease of 11.35% compared to the same period last year, and a year-to-date revenue of ¥9,974,756,461.02, down 36.00% year-on-year [3]. - The net profit attributable to shareholders for Q3 2024 was -¥108,334,632.80, a significant decline of 823.43% year-on-year, with a year-to-date net profit of -¥97,141,927.03, down 476.53% compared to the previous year [3]. - Total operating revenue for Q3 2024 was approximately ¥9.97 billion, a decrease of 36.1% compared to ¥15.58 billion in the same period last year [15]. - Net profit for Q3 2024 was a loss of approximately ¥114.62 million, compared to a profit of ¥10.13 million in the same period last year, representing a significant decline [16]. - The total comprehensive income attributable to the parent company was -97,141,927.03 CNY, compared to 25,799,187.41 CNY in the previous period [17]. - Basic and diluted earnings per share were both -0.0746 CNY, a decrease from 0.0198 CNY in the previous period [17]. Cash Flow - The company's cash flow from operating activities for Q3 2024 was -¥105,778,551.13, a decrease of 40.50% year-on-year, with a year-to-date cash flow of -¥156,638,810.31, down 16.56% [3]. - The net cash flow from operating activities decreased by 463.01%, amounting to -205,713,088.87 CNY compared to 56,669,078.77 CNY in the previous period [9]. - Cash inflow from operating activities was 11,298,093,676.51 CNY, down from 15,468,144,693.30 CNY year-over-year [18]. - Cash outflow from investing activities totaled 707,123,275.54 CNY, a decrease from 1,088,058,015.70 CNY year-over-year [19]. - The net cash flow from investing activities improved by 44.51%, totaling -587,000,878.23 CNY, a reduction from -1,057,782,503.04 CNY in the prior period [9]. - The net cash flow from financing activities dropped by 97.50%, resulting in 41,813,944.97 CNY, down from 1,669,446,731.22 CNY in the previous year [9]. - Net cash flow from financing activities was 41,813,944.97 CNY, significantly lower than 1,669,446,731.22 CNY in the previous period [19]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥20,156,953,537.48, an increase of 10.21% from the end of the previous year [3]. - Total assets increased to approximately ¥20.16 billion, up 10.2% from ¥18.29 billion at the end of the previous year [14]. - Total liabilities rose to approximately ¥12.11 billion, an increase of 20% from ¥10.10 billion year-on-year [14]. - Current assets totaled approximately ¥6.98 billion, reflecting a growth of 18.7% compared to ¥5.88 billion in the previous year [14]. - Long-term investments in fixed assets reached approximately ¥7.28 billion, an increase of 16.4% from ¥6.25 billion year-on-year [14]. - The company's equity attributable to shareholders decreased to approximately ¥7.83 billion, down 2.5% from ¥8.04 billion in the previous year [14]. Inventory and Receivables - The company's inventory increased by 35.71% to ¥1,433,357,500.05 compared to the beginning of the year, primarily due to an increase in finished goods [7]. - The accounts receivable rose by 124.17% to ¥496,983,359.65, mainly due to new credit extensions during the period [6]. - Inventory increased to 1,433,357,500.05 CNY from 1,056,154,036.47 CNY in the previous period [12]. Government Subsidies and Other Income - The company reported a significant increase in other income, which rose by 43.76% to ¥90,981,451.81, attributed to increased government subsidies received [8]. - The company has received government subsidies totaling ¥55,190,918.65 year-to-date, which have a continuous impact on its operations [4]. Production and Development - The company is currently in trial production of lithium iron phosphate cathode materials, which has not yet generated profit, contributing to the overall financial performance challenges [3]. - The company has a lithium iron phosphate cathode material production line with a capacity of 50,000 tons currently in trial production [11]. - Research and development expenses for Q3 2024 were approximately ¥62.85 million, slightly up from ¥61.00 million in the same period last year [16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 58,686 [10]. - The largest shareholder, Yibin Development Holding Group Co., Ltd., holds 17.57% of the shares, equating to 228,708,436 shares [10]. - The company plans to release 143,266,474 shares from non-public offering, representing 11.0066% of the total share capital, on October 8, 2024 [11]. Audit Status - The company did not undergo an audit for the third quarter report [20].