龙竹科技(831445) - 2024 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months of 2024 was ¥222,766,719.49, down 6.98% from ¥239,485,185.80 in the same period of 2023[4] - Net profit attributable to shareholders for the first nine months of 2024 increased by 70.18% to ¥18,153,948.73, compared to ¥10,667,511.02 in the previous year[4] - Basic earnings per share for the first nine months of 2024 rose to ¥0.12, a 71.43% increase from ¥0.07 in the same period last year[4] - In Q3 2024, net profit attributable to shareholders was ¥11,219,722.01, a 60.24% increase from ¥7,001,820.39 in Q3 2023[5] - Net profit increased by 1,179.58 million yuan, reaching 18,153.95 million yuan, representing a growth of 70.18% due to increased operating profit and reduced R&D expenses[9] - The company's net profit margin improved, with net profit for the first nine months of 2024 showing a significant increase compared to the previous year[25] Cash Flow - Cash flow from operating activities for the first nine months of 2024 was ¥29,402,539.65, reflecting a 40.51% increase from ¥20,925,533.04 in the previous year[4] - Net cash flow from operating activities was 29,402.54 million yuan, up 40.51%, attributed to cost reduction measures and decreased cash payments to employees and taxes[9] - The company reported a significant increase in cash flow from operations, indicating improved operational efficiency[25] - Cash inflow from investment activities surged to CNY 90,011,431.93, compared to CNY 25,396,383.39 in the previous year, marking a significant increase of 254.5%[31] - The company reported a net increase in cash and cash equivalents of CNY 29,856,927.07, compared to a decrease of CNY 13,055,887.28 in the same period of 2023[31] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥486,027,468.07, a decrease of 5.19% from ¥512,636,849.52 at the end of 2023[3] - The company's debt-to-asset ratio decreased to 26.22% from 29.23% year-on-year, indicating improved financial stability[3] - The company's total liabilities decreased from ¥149,844,006.11 on December 31, 2023, to ¥127,434,349.68 on September 30, 2024, a reduction of about 15%[20] - The company's inventory increased from ¥52,075,161.32 at the end of 2023 to ¥58,446,234.16 by September 30, 2024, indicating a rise of approximately 12.5%[19] - The company's accounts receivable decreased from ¥33,934,116.98 at the end of 2023 to ¥25,744,797.10 by September 30, 2024, a decline of about 24%[19] Shareholder Information - The total number of ordinary shares at the end of the period was 149,017,825, with 7,525 shareholders[11] - Major shareholders include Lian Jianchang with 21.75% and Wu Guiying with 13.29% of shares[12] - The company has implemented a share repurchase plan as part of its employee incentive measures[15] - The company repurchased and canceled 135,800 restricted shares from the 2022 equity incentive plan, reducing the total share capital from 149,017,825 shares to 148,882,025 shares[16] Research and Development - The company has successfully reduced R&D expenses following the achievement of developmental milestones by its subsidiary Longmei[9] - Research and development expenses for the first nine months of 2024 were CNY 13,578,883.11, a decrease of 13.9% compared to CNY 15,777,776.96 in the same period of 2023[25] Legal and Compliance - There were no significant legal disputes or external guarantees during the reporting period[15]