亚士创能(603378) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥681,801,616.23, a decrease of 24.39% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥534,632.33, reflecting a significant decline of 98.72% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥2,641,079.10, a decrease of 106.61% compared to the same period last year[2]. - The basic and diluted earnings per share for Q3 2024 were both ¥0.00, representing a 100% decrease compared to the same period last year[4]. - The net profit for Q3 2024 was -18,599,739.88 RMB, a significant decrease from the net profit of 80,977,617.37 RMB in Q3 2023, representing a year-over-year decline of approximately 123%[19]. - Basic and diluted earnings per share for Q3 2024 were both -0.04 RMB, compared to 0.19 RMB in Q3 2023, indicating a substantial drop in profitability[20]. - Total operating revenue for the first three quarters of 2024 was CNY 1,724,471,596.08, a decrease of 27.8% compared to CNY 2,388,294,816.67 in the same period of 2023[18]. - Operating profit for the first three quarters of 2024 was CNY -43,813,655.04, compared to a profit of CNY 96,340,665.29 in the same period of 2023[18]. - The company reported a total comprehensive income of -18,599,739.88 RMB for Q3 2024, compared to 80,977,617.37 RMB in Q3 2023, reflecting a decline of approximately 123%[19]. Cash Flow - The cash flow from operating activities for the year-to-date was -¥220,558,132.75, indicating a negative cash flow situation[2]. - Cash flow from operating activities for the first nine months of 2024 was -220,558,132.75 RMB, a decline from 65,529,424.90 RMB in the same period of 2023[20]. - The company experienced a decrease in cash inflow from operating activities, which totaled 1,960,992,523.20 RMB in the first nine months of 2024, down from 2,579,663,084.83 RMB in the same period of 2023, representing a decline of about 24%[20]. - Cash inflow from investment activities in the first nine months of 2024 was 56,631,614.19 RMB, compared to 13,557,131.85 RMB in the same period of 2023, showing an increase of about 318%[21]. - Cash outflow from investment activities for the first nine months of 2024 was 92,911,767.02 RMB, down from 216,493,271.35 RMB in the previous year, indicating a reduction of approximately 57%[21]. - Cash flow from financing activities for Q3 2024 was 97,326,389.82 RMB, compared to 4,281,765.90 RMB in Q3 2023, marking a significant increase[21]. - The total cash and cash equivalents at the end of Q3 2024 were 38,344,691.14 RMB, a decrease from 84,411,081.54 RMB at the end of Q3 2023[21]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥6,593,141,028.43, an increase of 2.93% from the end of the previous year[4]. - The equity attributable to shareholders decreased by 5.01% to ¥1,652,257,718.36 compared to the end of the previous year[4]. - Non-current assets totaled CNY 3,921,783,550.18, an increase of 7.4% from CNY 3,652,481,281.48 in the previous year[16]. - Current liabilities rose to CNY 4,187,945,159.46, compared to CNY 3,966,309,875.76 in the previous year, marking an increase of 5.6%[16]. - Total liabilities amounted to CNY 4,940,883,310.07, an increase from CNY 4,665,817,339.53, indicating a rise of 5.9%[16]. - Long-term borrowings increased to CNY 587,250,048.39 from CNY 543,478,187.32, reflecting a growth of 8.0%[16]. - The equity attributable to shareholders decreased to CNY 1,652,257,718.36 from CNY 1,739,340,130.49, a decline of 5.0%[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,197[9]. - The largest shareholder, Shanghai Chuangnengming Investment Co., Ltd., holds 113,535,000 shares, accounting for 26.49% of total shares[11]. - The company has a total of 65,160,000 shares pledged by the largest shareholder, indicating a significant level of leverage[9]. Legal Matters - The company is currently involved in several lawsuits, with a total amount in dispute of ¥48,293,488.94 across various cases[12]. - The company has reported a total of 30 litigation cases with amounts less than ¥3 million, totaling ¥12,348,409.80[12]. Operational Insights - The decline in net profit was primarily attributed to reduced sales volume and rising raw material costs[7]. - The company reported non-recurring gains of ¥4,950,247.59 from government subsidies during the quarter[5]. - The company has not disclosed any new product developments or market expansion strategies in the current report[12]. - The company reported a decrease in research and development expenses to CNY 53,791,279.95 from CNY 65,134,827.56, a reduction of 17.4%[18]. - Accounts receivable increased to ¥1,806,488,413.62 from ¥1,784,484,590.27, indicating a growth of approximately 1.14%[14]. - Inventory decreased significantly from ¥203,282,506.97 to ¥141,279,464.06, representing a decline of about 30.54%[14].