江苏华辰(603097) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥382,032,762.83, a decrease of 8.64% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥22,626,364.81, down 36.02% year-on-year[2]. - The basic earnings per share for Q3 2024 was ¥0.1414, reflecting a decrease of 36.05% compared to the previous year[3]. - Total operating revenue for the first three quarters of 2024 reached CNY 1,050,011,229.11, an increase of 13.5% compared to CNY 925,435,087.73 in the same period of 2023[16]. - Operating profit for the first three quarters of 2024 was CNY 68,382,400.92, slightly up from CNY 66,873,986.82 in the previous year, reflecting a growth of 2.3%[18]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was CNY 62,562,237.80, compared to CNY 62,440,160.19 in the same period last year, indicating a marginal increase[19]. - Net profit for the first three quarters of 2024 was ¥65,445,952.16, slightly up from ¥64,463,550.31 in the previous year, reflecting a growth of 1.5%[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,020,314,911.90, an increase of 13.58% from the end of the previous year[3]. - The total liabilities increased to CNY 1,015,731,638.37 from CNY 846,408,516.24, reflecting a growth of approximately 19.9%[14]. - The total liabilities increased to ¥1,016,013,581.57 in 2024 from ¥851,405,669.22 in 2023, marking a rise of 19.4%[25]. - The total equity attributable to shareholders at the end of the reporting period was ¥992,023,759.71, an increase of 6.73% from the previous year[3]. - The company's total equity increased to CNY 992,023,759.71 from CNY 929,461,521.91, reflecting a growth of 6.7%[18]. Cash Flow - The net cash flow from operating activities for Q3 2024 was ¥57,909,139.41, compared to a negative cash flow of ¥61,501,746.21 for the same period last year[3]. - Cash flow from operating activities for the first three quarters of 2024 was CNY 772,588,524.63, compared to CNY 638,247,289.83 in the same period of 2023, reflecting a growth of 21.0%[20]. - The net cash flow from operating activities was -61,501,746.21 RMB, compared to -69,704,266.56 RMB in the previous year, indicating a slight improvement[21]. - The net cash flow from operating activities for the first three quarters of 2024 was negative at -¥66,589,662.16, compared to -¥63,615,293.05 in the same period of 2023[28]. - The company reported a net increase in cash and cash equivalents of -17,613,947.36, compared to -89,667,031.95 in the previous period, showing an improvement in cash management[29]. Research and Development - The company has strengthened its R&D, management, and marketing efforts, leading to increased expenses in these areas[7]. - Research and development expenses for the first three quarters of 2024 were CNY 43,578,654.95, an increase of 19.1% from CNY 36,584,444.85 in the same period of 2023[16]. - Research and development expenses for the first three quarters of 2024 amounted to ¥43,578,654.95, up from ¥36,584,444.85 in 2023, indicating a 19.1% increase[26]. Government Support - The company received government subsidies amounting to ¥2,815,918.71 during the reporting period[4]. Employee Compensation - The company reported a significant increase in employee compensation payments to 137,751,961.05 RMB from 97,374,628.12 RMB, representing an increase of approximately 41.5%[21]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[26]. Accounting Standards - The company has not adopted new accounting standards for the current reporting period[30]. Report Issuance - The report was issued by Jiangsu Huachen Transformer Co., Ltd. on October 30, 2024[30].