菱电电控(688667) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥293,668,926.12, representing a year-on-year increase of 29.19%[2] - The net profit attributable to shareholders for Q3 2024 was ¥769,598.66, a decrease of 93.23% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥926,642.23, reflecting a decline of 109.81% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.02, a decrease of 90.91% year-on-year[3] - The net profit for the first three quarters of 2024 was CNY 8,163,082.64, a decrease of approximately 80.6% compared to CNY 41,963,189.96 in the same period of 2023[16] - The basic earnings per share for the first three quarters of 2024 were CNY 0.16, down from CNY 0.81 in the same period of 2023[17] Research and Development - Research and development expenses totaled ¥39,143,532.22 in Q3 2024, an increase of 7.98% compared to the same period last year[3] - The company’s R&D expenditure accounted for 13.33% of its operating revenue in Q3 2024, a decrease of 2.62 percentage points year-on-year[3] - Research and development expenses for the first three quarters of 2024 amounted to CNY 129,983,524.82, an increase from CNY 112,632,414.55 in 2023, representing a growth of about 15.4%[14] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥2,020,860,977.63, down 3.49% from the end of the previous year[3] - The company's total assets amount to approximately 2.02 billion RMB, a decrease from 2.09 billion RMB in the previous period[11] - Current assets total approximately 1.56 billion RMB, down from 1.63 billion RMB[10] - The total liabilities as of the end of the third quarter of 2024 were CNY 401,136,459.12, compared to CNY 502,259,490.87 at the end of the same period in 2023[14] - The total equity attributable to shareholders of the parent company was CNY 1,619,724,518.51, an increase from CNY 1,591,633,254.61 in 2023[14] Cash Flow - The net cash flow from operating activities for the first three quarters of 2024 is RMB 137,446,110.90, a significant improvement compared to a net outflow of RMB 97,236,911.82 in the same period of 2023[19] - Total cash inflow from operating activities reached RMB 571,929,449.56, up from RMB 362,456,801.18 in the previous year, indicating a growth of approximately 58%[19] - Cash outflow from operating activities decreased to RMB 434,483,338.66 from RMB 459,693,713.00, reflecting a reduction of about 5.5%[19] - The net cash flow from investment activities for the first three quarters of 2024 is RMB 39,194,590.82, down from RMB 187,285,471.08 in 2023, indicating a decrease of about 79%[19] - The net cash flow from financing activities was negative at RMB -15,972,095.29, compared to RMB -10,195,263.44 in the same period last year, indicating a worsening of cash flow by about 56%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 3,733[8] - The top shareholder, Wang Heping, holds 13,397,369 shares, representing 25.86% of the total shares[8] Market Conditions - The decline in net profit was primarily due to increased market competition and a decrease in the installation volume of commercial vehicles[7] Other Information - The company has not reported any significant changes in its financing or share lending activities during the reporting period[9] - The company has not disclosed any new product launches or technological advancements in this report[14] - Future outlook and performance guidance were not explicitly mentioned in the report[14]