HUALI(SH:603038)2024-10-30 10:55Financial Performance - Revenue for the third quarter was RMB 243.18 million, a 15.94% increase year-over-year[2] - Net profit attributable to shareholders for the first three quarters was RMB 34.90 million, a 2.55% decrease year-over-year[2] - Net profit for the third quarter of 2024 was RMB 35,093,303.50, a decrease of 6.9% compared to RMB 37,694,414.58 in the same period last year[17] - Operating profit for the third quarter of 2024 was RMB 33,341,783.91, down 19% from RMB 41,147,831.15 in the same period last year[17] - Total comprehensive income for the third quarter of 2024 was RMB 34,657,448.74, a decrease of 11.7% compared to RMB 39,232,314.75 in the same period last year[18] - Net profit attributable to the parent company for the first three quarters of 2024 was 652,862,291.57 RMB, up from 628,299,354.05 RMB in 2023[15] - Total operating revenue for the first three quarters of 2024 reached 623,905,638.00 RMB, an increase from 574,273,073.16 RMB in the same period of 2023[16] - Revenue from sales of goods and services for the first nine months of 2024 was RMB 684,267,686.81, an increase of 7.6% compared to RMB 635,977,465.58 in the same period last year[19] Cash Flow and Liquidity - Operating cash flow for the first three quarters was RMB 86.49 million, a 31.21% increase year-over-year[4] - Cash flow from operating activities for the first nine months of 2024 was RMB 86,493,436.51, an increase of 31.2% compared to RMB 65,918,834.87 in the same period last year[21] - Cash flow from investing activities for the first nine months of 2024 was RMB 22,887,546.25, a significant improvement from a negative RMB 153,329,521.15 in the same period last year[21] - Cash flow from financing activities for the first nine months of 2024 was negative RMB 144,944,264.75, compared to negative RMB 4,243,336.55 in the same period last year[22] - The company's cash and cash equivalents balance at the end of the third quarter of 2024 was RMB 120,577,463.31, a decrease of 20.8% compared to RMB 152,163,056.07 at the end of the same period last year[22] - As of September 30, 2024, the company's monetary funds amounted to 124,591,120.46 yuan, a decrease from 158,234,239.42 yuan at the end of 2023[13] Assets and Liabilities - Total assets at the end of the reporting period were RMB 1.89 billion, a 7.06% decrease compared to the end of the previous year[4] - Total assets for 2024 were 1,892,843,842.20 RMB, down from 2,036,575,663.25 RMB in 2023[14] - Total liabilities for 2024 were 495,224,821.52 RMB, down from 666,494,161.74 RMB in 2023[15] - Long-term borrowings decreased to 287,046,065.08 RMB in 2024 from 399,288,484.00 RMB in 2023[15] - Long-term equity investments increased to 16,122,225.40 RMB in 2024 from 17,883,201.03 RMB in 2023[14] - Investment property decreased to 440,321,261.45 RMB in 2024 from 449,812,395.42 RMB in 2023[14] - Fixed assets decreased to 499,007,352.09 RMB in 2024 from 518,292,582.43 RMB in 2023[14] Shareholder Equity and Earnings - Shareholders' equity attributable to the parent company was RMB 1.37 billion, a 1.79% increase compared to the end of the previous year[4] - Basic earnings per share for the third quarter were RMB 0.06, unchanged year-over-year[4] - Weighted average return on equity for the third quarter was 1.21%, an increase of 0.04 percentage points year-over-year[4] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 16,534[9] - Anhui Hongdian Capital Management Partnership holds 67,169,277 shares, representing 25.00% of the total shares[9] - Tan Hongru holds 31,304,032 shares, representing 11.65% of the total shares[9] - Xie Shaozhuang holds 14,183,520 shares, representing 5.28% of the total shares[9] - Lu Xuqiu holds 13,000,000 shares, representing 4.84% of the total shares[9] - Xie Zhikun holds 10,306,920 shares, representing 3.84% of the total shares[9] - Wang Tangxin holds 7,632,040 shares, representing 2.84% of the total shares[9] Non-Recurring Items and Government Subsidies - Non-recurring gains and losses for the first three quarters amounted to RMB 12.10 million[6] - Government subsidies received during the first three quarters totaled RMB 2.47 million[5] Investments and Acquisitions - The company transferred 100% equity and related creditor's rights of Dongguan Hongyuan Composite Materials Co., Ltd. for a total transaction price of 287.9454 million yuan[11] - The company plans to acquire 51% equity of Suzhou Shangyuan Intelligent Technology Co., Ltd. for a total transaction price of 357.9078 million yuan[12] Operating Costs and Expenses - Operating costs for the first three quarters of 2024 were 464,040,770.66 RMB, up from 440,236,738.43 RMB in 2023[16] - R&D expenses for the first three quarters of 2024 amounted to 23,211,926.24 RMB, compared to 21,032,354.97 RMB in 2023[16] - Cash paid for employee compensation for the first nine months of 2024 was RMB 108,022,519.07, an increase of 19.9% compared to RMB 90,063,778.42 in the same period last year[21] Investment Returns - Cash received from investment returns for the first nine months of 2024 was RMB 185,963.77, a significant decrease of 79.4% compared to RMB 902,531.06 in the same period last year[21]