禾迈股份(688032) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥358,038,156.17, representing a 4.36% increase compared to the previous quarter, but a 10.12% decrease year-on-year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥57,987,292.75, down 13.4% quarter-on-quarter and down 40.88% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥47,240,655.42, a decrease of 2.78% quarter-on-quarter and 39.06% year-on-year[2]. - The basic earnings per share for Q3 2024 was ¥0.47, down 12.96% quarter-on-quarter and down 40.60% year-on-year[4]. - Total operating revenue for the first three quarters of 2024 was CNY 1,265,538,870.19, a decrease of 10.1% compared to CNY 1,408,011,863.58 in the same period of 2023[15]. - Net profit for the third quarter of 2024 was CNY 245,085,069.66, down 40.7% from CNY 412,970,224.53 in the same quarter of 2023[17]. - The total comprehensive income attributable to the parent company for Q3 2024 was CNY 243,770,096.98, compared to CNY 415,380,411.67 in Q3 2023, a decline of about 41.2%[18]. - The company reported a total comprehensive income of CNY 243,225,102.93 for Q3 2024, compared to CNY 412,911,141.96 in Q3 2023, reflecting a decrease of approximately 41.0%[18]. Research and Development - The total R&D investment for Q3 2024 was ¥78,087,292.45, an increase of 40.53% compared to the previous quarter, and R&D investment accounted for 21.81% of operating revenue, up 5.61 percentage points year-on-year[4]. - Research and development expenses reached CNY 199,353,955.19, an increase of 40% compared to CNY 142,517,038.06 in the previous year[17]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was ¥72,665,922.28, reflecting a significant decrease of 424.73% compared to the same period last year[4]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY 72,665,922.28, a significant improvement compared to a net loss of CNY 22,377,253.57 in the same period of 2023[19]. - The company's cash and cash equivalents decreased to CNY 4.31 billion from CNY 4.84 billion, representing a decline of approximately 11%[12]. - The company's cash and cash equivalents decreased to CNY 133,338,210.27 from CNY 78,803,283.70, a decline of 69.5%[14]. - The ending balance of cash and cash equivalents as of Q3 2024 was CNY 4,248,261,763.67, down from CNY 4,834,887,712.49 at the end of Q3 2023[20]. - Total assets at the end of Q3 2024 were ¥8,096,274,186.58, an increase of 12.02% compared to the end of the previous year[4]. - Total assets increased to CNY 8,096,274,186.58, up from CNY 7,227,697,315.17, representing a growth of 12%[14]. Liabilities and Equity - The total liabilities of the company as of September 30, 2024, are not explicitly stated but are crucial for assessing the financial health[11]. - Total liabilities rose to CNY 1,866,645,593.27, compared to CNY 848,530,433.04, indicating a significant increase of 120%[14]. - The total equity attributable to shareholders decreased to CNY 6,229,861,265.18 from CNY 6,377,407,691.98, a decline of 2.3%[14]. Shareholder Information - The company reported a total of 10 ordinary shareholders at the end of the reporting period, with Hangkai Holding Group Co., Ltd. holding 31.13% of the shares[8]. Non-Recurring Gains and Losses - The company recognized non-recurring gains of ¥10,746,637.33 for the reporting period, primarily from government subsidies and fair value changes of financial assets[5]. Inventory and Receivables - Accounts receivable increased to CNY 431.11 million from CNY 414.28 million, showing a growth of about 4%[12]. - Inventory rose significantly to CNY 988.99 million from CNY 730.75 million, reflecting an increase of approximately 35%[12]. - The company's non-current assets, including fixed assets, increased to CNY 559.00 million from CNY 523.82 million, marking a growth of about 7%[12]. - The company reported a significant increase in construction in progress, which surged to CNY 673.44 million from CNY 113.33 million, indicating a growth of approximately 493%[12]. Investment Activities - Cash inflow from investment activities in the first three quarters of 2024 was CNY 769,447,901.37, significantly higher than CNY 345,189,809.27 in the same period of 2023[19]. - Cash outflow from investment activities increased to CNY 1,458,782,397.76 in 2024, compared to CNY 302,096,409.73 in 2023, indicating a substantial rise in investment expenditures[20]. Other Information - The company has not disclosed any new product launches or technological advancements in this quarter[10]. - There are no significant mergers or acquisitions reported during this period[10]. - The company has not provided specific future guidance or market expansion strategies in the current report[10].