Financial Performance - Net profit attributable to shareholders for the first nine months of 2024 was CNY 17,485,406.90, representing a 32.52% increase from CNY 13,194,659.35 in the same period of 2023[4] - Operating income for the first nine months of 2024 was CNY 87,723,348.12, up 12.12% from CNY 78,242,310.49 year-on-year[4] - The company's gross profit margin improved, with a weighted average return on net assets of 8.22% for the first nine months, up from 6.62% in the same period last year[4] - Operating profit for the first nine months of 2024 was ¥19,817,096.37, up 37.5% from ¥14,420,248.08 in the same period of 2023[23] - Total operating revenue for the first nine months of 2024 reached ¥87,723,348.12, an increase of 12.6% compared to ¥78,242,310.49 in the same period of 2023[24] - Net profit for the first nine months of 2024 was ¥17,197,382.21, up 63.8% from ¥10,506,473.39 in the same period of 2023[24] - Total comprehensive income for the first nine months of 2024 was ¥17,197,382.21, compared to ¥10,506,473.39 in 2023, indicating a 63.8% increase[25] Assets and Liabilities - Total assets as of September 30, 2024, reached CNY 232,555,642.98, an increase of 3.96% compared to CNY 223,706,145.42 at the end of 2023[4] - Total liabilities decreased to CNY 15,606,722.98 from CNY 15,972,632.32, a decline of approximately 2.3%[18] - Current assets decreased to CNY 168,062,916.69 from CNY 179,785,516.58, a decline of about 6.4%[16] - The company reported a significant increase in other receivables, rising to CNY 12,404,365.69 from CNY 10,981,923.10, a growth of approximately 12.1%[19] - The company is focusing on expanding its non-current assets, which increased to CNY 64,492,726.29 from CNY 43,920,628.84, a growth of about 47.0%[17] Cash Flow - The company's cash flow from operating activities for the first nine months decreased by 27.87% to CNY 13,304,838.48, down from CNY 18,445,995.25 in the previous year[4] - Cash flow from investment activities showed a net outflow of CNY 21,644,683.78, a decrease of 331.57% compared to the previous year, due to increased payments for project progress[7] - Cash inflow from financing activities totaled CNY 15,604,000.00, while cash outflow was CNY 13,413,342.47, resulting in a net cash flow of negative CNY 13,413,342.47[29] - The ending cash and cash equivalents balance for the period was CNY 52,011,042.20, compared to CNY 47,858,349.42 at the end of the same period last year[29] - Cash received from sales of goods and services was CNY 60,785,445.57, down from CNY 65,263,822.05 in the previous year[28] Shareholder Information - The total number of ordinary shares at the end of the reporting period was 82,700,000, with 30.53% being freely tradable shares[10] - The largest shareholder, Ren Zhicheng, holds 24.48% of the shares, totaling 20,248,643 shares[11] - The total number of shareholders holding more than 5% of shares is 10, with a combined holding of 71.38%[11] Research and Development - Research and development expenses for the first nine months of 2024 were ¥4,823,853.60, compared to ¥4,279,892.18 in the same period of 2023, showing an increase of 12.7%[22] - Research and development expenses increased to ¥4,823,853.60 in 2024 from ¥4,183,367.42 in 2023, reflecting a growth of 15.3%[24] - The company has developed several patented technologies, including a flame-retardant epoxy powder composition and a high-flexibility epoxy resin composition[15] Other Information - The company received government subsidies amounting to CNY 4,500,000, significantly contributing to the increase in net profit[8] - The company reported a credit impairment loss of ¥-340,250.40 in 2024, compared to a gain of ¥219,141.12 in 2023, indicating a shift in asset quality[23] - There were no significant legal disputes or external guarantees during the reporting period[13] - The company reported no changes in its accounting policies or errors during the reporting period[10] - The company has not engaged in any share buyback activities during the reporting period[13] - The company has no new commitments or overdue commitments during the reporting period[14]
凯华材料(831526) - 2024 Q3 - 季度财报