Financial Performance - The company's operating revenue for Q3 2024 reached ¥448,933,444.84, representing a year-on-year increase of 39.13%[2] - The net profit attributable to shareholders for the same period was ¥109,839,331.76, reflecting a growth of 19.92% compared to the previous year[2] - The net profit after deducting non-recurring gains and losses was ¥106,560,531.84, which is an increase of 24.19% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.61, reflecting a year-on-year increase of 19.61%[4] - The net profit for Q3 2024 reached CNY 321,124,992.22, a 28.1% increase compared to CNY 250,644,749.19 in Q3 2023[18] - Operating profit for Q3 2024 was CNY 369,244,716.42, up from CNY 284,997,938.48 in the same period last year, reflecting a growth of 29.5%[18] - Total revenue from operating activities for the first nine months of 2024 was CNY 1,246,751,280.25, compared to CNY 973,094,637.48 in the first nine months of 2023, indicating a year-on-year increase of 28.1%[19] - Earnings per share for Q3 2024 were CNY 1.74, compared to CNY 1.35 in Q3 2023, representing a growth of 29%[19] - The company recorded a total comprehensive income of CNY 320,421,608.84 for Q3 2024, compared to CNY 251,518,194.72 in Q3 2023, marking an increase of 27.4%[19] Operating Costs and Expenses - Total operating costs for the first three quarters of 2024 were ¥906,785,257.77, compared to ¥601,099,642.32 in 2023, indicating an increase of about 50.7%[17] - Research and development expenses totaled ¥24,852,874.32, accounting for 5.54% of operating revenue, a decrease of 0.62 percentage points from the previous year[4] - Research and development expenses for the first three quarters of 2024 amounted to ¥74,247,312.39, up from ¥58,589,264.89 in 2023, reflecting a growth of approximately 26.7%[17] - The company experienced a decrease in financial expenses, reporting CNY -13,579,785.45 for Q3 2024, compared to CNY -50,164,199.90 in Q3 2023[18] - Investment income for Q3 2024 was reported at CNY -3,394,660.57, an improvement from CNY -5,129,568.01 in Q3 2023[18] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥4,007,639,948.34, marking a 12.77% increase from the end of the previous year[4] - Total assets reached ¥4,007,639,948.34 in Q3 2024, up from ¥3,553,872,356.51 in Q3 2023, representing a growth of about 12.7%[16] - Total liabilities amounted to ¥893,798,402.28 in Q3 2024, compared to ¥646,478,472.96 in Q3 2023, indicating an increase of approximately 38.2%[15] - Shareholders' equity totaled ¥3,113,841,546.06 in Q3 2024, up from ¥2,907,393,883.55 in Q3 2023, reflecting a growth of about 7.1%[16] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥90,023,385.91, which decreased by 43.80% compared to the same period last year[2] - The company reported a net cash flow from operating activities of CNY 90,023,385.91 for Q3 2024, down from CNY 160,178,726.01 in Q3 2023[20] - Cash inflow from operating activities totaled CNY 1,331,306,439.73 for Q3 2024, compared to CNY 1,056,613,777.65 in Q3 2023, reflecting a growth of 26%[20] - The net cash flow from financing activities was 148,083,390.28 CNY, a decrease from 875,571,255.38 CNY in the previous period[21] - The total cash inflow from financing activities amounted to 1,468,674,852.70 CNY, compared to 1,553,921,609.60 CNY last year[21] - The cash outflow for debt repayment was 1,191,210,631.66 CNY, significantly higher than 540,852,185.49 CNY in the previous period[21] - The company reported a net decrease in cash and cash equivalents of 71,644,203.58 CNY, contrasting with an increase of 484,748,081.40 CNY last year[21] - The ending balance of cash and cash equivalents was 888,897,686.60 CNY, down from 1,069,699,942.05 CNY in the previous year[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 3,752[10] - The top shareholder, Ningbo Weixin Enterprise Management Partnership, holds 25,703,258 shares, accounting for 14.32% of total shares[11] - The second-largest shareholder, Ningbo Chibo Enterprise Management Co., Ltd., holds 20,503,145 shares, representing 11.43% of total shares[11] - The third-largest shareholder, Zhejiang Xinhai Zhinao Investment Management Partnership, holds 18,198,726 shares, which is 10.14% of total shares[11] - The company has not disclosed any significant changes in the relationships or actions among the top shareholders[13] - The company has not reported any participation in margin trading or securities lending by the top shareholders[13] - The total number of shares held by the top ten shareholders includes significant pledges, with Zhejiang Xinhai holding 18,136,280 shares pledged[10] Other Information - The company attributed the increase in operating revenue to active market expansion and growth in production and sales volumes[8] - The company has not identified any other important information regarding its operational performance during the reporting period[13] - The company reported a total of ¥3,512,632.79 in government subsidies recognized in the current period, contributing to non-recurring gains[5] - The company reported trading financial assets of RMB 2,661,552.45 as of September 30, 2024, down from RMB 12,694,011.01 at the end of 2023[12] - The company’s initial cash and cash equivalents balance was 960,541,890.18 CNY[21] - The company received 8,150,000.00 CNY from minority shareholders as part of investment inflows[21] - The company incurred 66,054,662.83 CNY in dividend payments and interest distributions[21] - The cash inflow from loans was 1,416,409,852.70 CNY, compared to 561,671,673.60 CNY in the previous period[21] - The impact of exchange rate changes on cash and cash equivalents was a negative 8,116,423.60 CNY[21]
宏华数科(688789) - 2024 Q3 - 季度财报