江苏神通(002438) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥581,588,982.54, representing a 6.95% increase compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was ¥84,213,898.29, up 10.56% year-on-year[2]. - The net profit excluding non-recurring gains and losses for Q3 2024 was ¥79,070,090.53, reflecting a significant increase of 27.65% compared to the previous year[2]. - The total operating revenue for Q3 2024 was CNY 1,633,888,376.52, an increase of 5.86% compared to CNY 1,543,309,421.53 in Q3 2023[18]. - The net profit for Q3 2024 reached CNY 227,380,079.59, representing a growth of 12.85% from CNY 201,560,518.96 in the same period last year[20]. - The net profit attributable to the parent company's shareholders for Q3 2024 was ¥227,831,866.18, an increase of 13.0% compared to ¥201,566,445.48 in the same period last year[21]. - The total comprehensive income attributable to the parent company's owners for Q3 2024 was ¥227,831,866.18, up from ¥198,777,282.19 in Q3 2023, reflecting a growth of 14.6%[21]. - The basic and diluted earnings per share for Q3 2024 were both ¥0.4489, compared to ¥0.3971 in Q3 2023, representing an increase of 12.4%[21]. Assets and Liabilities - The company's total assets at the end of Q3 2024 were ¥5,800,327,994.80, a decrease of 0.78% from the end of the previous year[3]. - The total liabilities decreased to CNY 2,366,455,894.87 from CNY 2,568,211,139.54, a reduction of 7.86%[18]. - The company's total assets decreased to CNY 5,800,327,994.80 from CNY 5,845,909,153.64, a decline of 0.77%[18]. - Current assets totaled CNY 3,181,793,719.01, slightly up from CNY 3,175,925,024.64, indicating a marginal increase of 0.18%[17]. - The long-term equity investments decreased to CNY 47,395,138.53 from CNY 51,369,775.58, a decline of 7.56%[17]. - The company reported a decrease in inventory to CNY 809,803,135.00 from CNY 846,905,983.38, a reduction of 4.38%[17]. Cash Flow - The net cash flow from operating activities decreased by 21.60% year-to-date, totaling ¥5,679,973.82[2]. - Cash flow from operating activities for Q3 2024 was ¥5,679,973.82, a decrease of 21.7% from ¥7,244,640.35 in the previous year[23]. - The company reported a total cash inflow from operating activities of ¥1,522,977,122.60 for Q3 2024, compared to ¥1,495,615,010.80 in the previous year, indicating a growth of 1.8%[23]. - Cash inflow from investment activities for Q3 2024 was ¥444,450,330.99, down 55.5% from ¥998,364,461.37 in Q3 2023[24]. - Cash outflow from investment activities for Q3 2024 was ¥644,793,955.13, a decrease of 37.2% compared to ¥1,026,667,937.05 in the same period last year[24]. - Net cash flow from financing activities for Q3 2024 was -¥126,965,347.78, an improvement from -¥261,436,755.91 in Q3 2023[24]. - The cash and cash equivalents at the end of Q3 2024 were ¥300,491,798.11, down from ¥508,478,920.77 at the end of Q3 2023[24]. - The company's cash and cash equivalents were CNY 324,381,218.33, down from CNY 715,442,757.83, a significant decrease of 54.7%[17]. Shareholder Information - The top ten shareholders hold a total of 20,330 shares, with the largest shareholder, Ningbo Juyuan Ruili Venture Capital Partnership, owning 16.29%[9]. - The company has a significant number of pledged shares, with the largest shareholder having 23,590,000 shares pledged[9]. - The company’s stock issuance plan was accepted by the Shenzhen Stock Exchange, indicating a positive outlook for future capital raising[11]. Research and Development - Research and development expenses increased by 38.64% compared to the same period last year, indicating a focus on innovation[7]. - The company aims to enhance its R&D capabilities for high-end valves, particularly in the nuclear power sector, to meet domestic and export demands[12]. - The company is focused on developing core technologies for high-end valves to achieve self-sufficiency in nuclear power valve manufacturing[12]. - Research and development expenses increased to CNY 82,326,875.45, compared to CNY 59,382,598.81, marking a rise of 38.67%[20]. Strategic Initiatives - The company plans to raise 300 million RMB through a private placement to fund high-end valve intelligent manufacturing projects, focusing on nuclear energy equipment[11]. - The company’s subsidiary has received approval to expand its design and manufacturing license for nuclear safety equipment, increasing the variety of nuclear power products offered[14]. - The company’s strategic initiatives include expanding its market presence and enhancing its competitive edge in the nuclear energy sector[14]. - The company’s long-term borrowings increased by 67.88% compared to the beginning of the year, indicating a strategy to leverage financing for growth[6].