博众精工(688097) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was CNY 1,440,780,946.12, representing a decrease of 10.76% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 158,009,819.47, an increase of 13.55% year-on-year[2] - The basic earnings per share (EPS) for the period was CNY 0.354, reflecting a year-on-year increase of 13.46%[2] - The net profit after deducting non-recurring gains and losses was CNY 122,061,958.96, down 9.02% year-on-year[2] - Total operating revenue for the first three quarters of 2024 reached CNY 3,274,319,320.30, a slight increase from CNY 3,244,767,422.75 in the same period of 2023, representing a growth of approximately 0.91%[14] - Net profit for the first three quarters of 2024 was CNY 262,781,225.58, compared to CNY 240,292,715.38 in 2023, showing an increase of around 9.00%[14] - The net profit for Q3 2024 was CNY 248,701,409.66, an increase of 11.5% compared to CNY 222,936,597.71 in Q3 2023[15] - The total comprehensive income for Q3 2024 was CNY 242,884,457.29, compared to CNY 216,921,721.10 in Q3 2023, representing an increase of 12%[15] Research and Development - Research and development (R&D) expenses totaled CNY 147,737,073.62, accounting for 10.25% of revenue, which is an increase of 1.78 percentage points from the previous year[3] - The company reported R&D expenses of CNY 383,016,975.57 for the first three quarters of 2024, slightly up from CNY 376,211,330.17 in 2023, indicating a focus on innovation and product development[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,902,984,264.29, a year-on-year increase of 13.81%[3] - Total assets as of the end of the third quarter of 2024 amounted to CNY 8,902,984,264.29, up from CNY 7,822,402,225.12 at the end of the third quarter of 2023, representing a growth of approximately 13.80%[12] - Total liabilities increased to CNY 4,619,689,098.16 in the third quarter of 2024 from CNY 3,637,491,342.56 in 2023, marking an increase of about 27.00%[12] - Current liabilities totaled CNY 4,175,400,965.56, compared to CNY 3,178,929,247.53 in the previous year, indicating a rise of approximately 31.36%[12] - Non-current liabilities decreased slightly to CNY 444,288,132.60 from CNY 458,562,095.03, reflecting a decline of about 3.11%[12] Shareholder Information - The company reported a total of 7,767 common shareholders at the end of the reporting period[7] - The largest shareholder, Suzhou Zhong Er Equity Investment Partnership, holds 34.64% of the shares, totaling 154,728,000 shares[6] - The second-largest shareholder, Jiangsu Bozhong Intelligent Technology Group Co., Ltd., owns 29.03% with 129,672,000 shares[6] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[8] - There are no significant related party transactions or agreements among the top shareholders noted in the report[7] Cash Flow - Cash flow from operating activities for the period was not applicable, but year-to-date cash flow reached CNY 138,920,083.54[2] - Cash flow from operating activities for the first three quarters of 2024 was CNY 138,920,083.54, a significant improvement from a negative cash flow of CNY -329,818,634.61 in the same period of 2023[16] - The company reported a decrease in cash inflow from operating activities, totaling CNY 3,204,114,845.80 in the first three quarters of 2023, down from CNY 3,284,184,324.76 in the previous year[16] - The net cash outflow from investing activities for Q3 2024 was CNY -430,625,365.92, compared to CNY -455,784,468.16 in Q3 2023, showing a slight improvement[17] - The net cash flow from financing activities in Q3 2024 was CNY -51,326,430.92, a decrease from CNY 87,373,057.90 in Q3 2023, indicating a shift in financing strategy[17] Inventory and Receivables - Accounts receivable increased to ¥2,782,070,396.88 from ¥2,501,733,296.28, representing a growth of about 11.2%[10] - Inventory rose significantly to ¥3,110,756,636.64, up from ¥2,434,933,654.48, indicating an increase of approximately 27.8%[10] - Total current assets reached ¥7,590,212,674.99, compared to ¥6,544,321,488.09 at the end of 2023, marking an increase of around 16%[10] Government Subsidies - The company received government subsidies amounting to CNY 44,338,819.59 during the reporting period[4] Other Information - The company's cash and cash equivalents were not explicitly mentioned, but the increase in current liabilities suggests a potential liquidity challenge[12] - The company has not identified any other important information regarding its operational performance during the reporting period[9] - The company has initiated new strategies for market expansion and product development, although specific details were not disclosed in the report[18]