江特电机(002176) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥531,638,458.82, representing a decrease of 26.38% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥18,165,016.21, an increase of 57.48% year-on-year[2]. - The company's basic earnings per share were -¥0.01, showing a 66.67% improvement year-on-year[2]. - The company reported a 50.43% decrease in revenue year-on-year, primarily due to a decline in lithium salt product prices[6]. - Total operating revenue for Q3 2024 was ¥1,249,470,111.55, a decrease of 50.5% compared to ¥2,520,734,312.51 in the same period last year[14]. - The company's net loss for the period increased to ¥1,754,200,391.03, compared to a loss of ¥1,671,969,801.09 in the previous year[13]. - The net profit for the third quarter of 2024 was -85,619,199.67 CNY, compared to -88,577,230.81 CNY in the same period last year, indicating a slight improvement[15]. - Operating profit for the third quarter was -51,298,647.62 CNY, a significant decline from the previous year's profit of 1,619,892.36 CNY[15]. - The company reported a total comprehensive income of -85,734,343.21 CNY for the quarter, compared to -87,889,224.43 CNY in the previous year[15]. Cash Flow and Assets - The net cash flow from operating activities was -¥540,071,348.66, a decline of 190.87% compared to the previous year[2]. - Cash and cash equivalents decreased to ¥466,821,151.66 from ¥518,502,878.76 at the beginning of the period, reflecting a decline of 9.1%[12]. - Cash flow from operating activities showed a net outflow of -540,071,348.66 CNY, down from a net inflow of 594,348,163.12 CNY in the prior year[16]. - Cash and cash equivalents at the end of the period amounted to 202,180,436.92 CNY, down from 827,808,848.72 CNY at the end of the previous year[17]. - The total assets at the end of the reporting period were ¥6,518,877,698.01, an increase of 2.82% from the end of the previous year[2]. - The total liabilities increased to ¥2,762,590,808.90 from ¥2,496,345,756.22, reflecting a rise in financial obligations[12]. - Short-term borrowings rose sharply to ¥675,358,209.20, compared to ¥148,964,410.00 at the beginning of the period, indicating a significant increase in leverage[12]. - The total assets of the company reached ¥6,518,877,698.01, an increase from ¥6,340,385,042.89 at the beginning of the period[13]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 229,150, with the largest shareholder, Jiangxi Jiante Electric Group Co., Ltd., holding 14.12% of shares, equating to 240,875,533 shares[7]. - Wang Xin, the second-largest shareholder, holds 2.79% of shares, totaling 47,660,000 shares[7]. - The total number of shares pledged by Jiangxi Jiante Electric Group Co., Ltd. is 108,500,000 shares[7]. - The total number of shares held by the top ten shareholders represents a significant portion of the company's equity, with the top three shareholders alone holding over 19%[9]. - The Southern CSI 1000 ETF managed by China Merchants Bank holds 1.15% of the total shares, amounting to 19,676,700 shares[9]. Expenses and Investments - Research and development expenses decreased by 39.72% year-on-year, indicating reduced investment in R&D activities[6]. - Research and development expenses for Q3 2024 were ¥58,347,153.81, down 39.7% from ¥96,796,507.37 in the previous year[14]. - The company experienced a significant increase in financial expenses, up 572.86% year-on-year, due to reduced interest income and increased bank loans[6]. - Investment income increased by 18,292.70% year-on-year, attributed to higher gains from futures hedging[6]. - The company reported an investment income of ¥137,593,547.19, a significant increase compared to ¥748,087.75 in the same period last year[14]. - The company incurred asset impairment losses of -1,632,878.37 CNY, compared to -2,341,397.42 CNY in the same quarter last year[15]. Operational Highlights - Total operating costs for Q3 2024 were ¥1,435,562,585.92, down 45.5% from ¥2,638,568,005.78 year-over-year[14]. - The company reported a decrease in other operating income to 1,880,641.30 CNY from 2,341,293.05 CNY year-over-year[15]. - The company has not disclosed any new product developments or technological advancements in this report[10]. - There is no mention of market expansion or mergers and acquisitions in the current financial report[10]. - The report does not provide specific future outlook or performance guidance for the upcoming quarters[10].