Financial Performance - Operating revenue for the first nine months of 2024 was ¥168,258,718.31, up 9.86% from ¥153,162,994.27 in the same period of 2023[5] - Net profit attributable to shareholders for the first nine months of 2024 was ¥23,879,832.01, a decrease of 23.14% from ¥31,069,176.42 in the previous year[5] - In Q3 2024, operating revenue was ¥58,958,789.51, an increase of 18.81% compared to ¥49,622,466.00 in Q3 2023[6] - The net profit attributable to shareholders in Q3 2024 was ¥8,142,920.68, a decrease of 16.39% from ¥9,738,868.36 in Q3 2023[6] - Total operating revenue for the first nine months of 2024 reached ¥168,258,718.31, compared to ¥153,162,994.27 in the same period of 2023, reflecting a growth of approximately 9.5%[22] - Net profit for the first nine months of 2024 was ¥23,879,832.01, down from ¥31,069,176.42 in the same period of 2023, indicating a decline of approximately 23.2%[23] - Basic earnings per share for the first nine months of 2024 were ¥0.16, compared to ¥0.20 in the same period of 2023, reflecting a decrease of 20%[24] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was ¥2,803,368.93, down 92.05% from ¥35,260,977.72 in the same period of 2023[5] - Cash flow from operating activities decreased by 92.05% year-on-year, amounting to ¥2,803,368.93, mainly due to increased cash payments related to bill settlements and inventory procurement[8] - Cash flow from investing activities showed a reduction in outflow by 64.24% year-on-year, totaling -¥65,561,482.09, primarily due to increased cash flow from bank wealth management products[8] - Cash flow from financing activities decreased by 49.56% year-on-year, amounting to -¥16,442,682.16, mainly due to a reduction in cash dividends[8] - Total cash outflow from operating activities was 119,806,538.60 CNY, an increase of 5.06% compared to 113,712,334.36 CNY in the same period of 2023[25] - Cash received from other operating activities was 5,992,337.39 CNY, a decrease of 45.24% from 10,955,866.37 CNY year-on-year[25] - Cash paid to employees increased to 23,264,603.06 CNY, up 13.15% from 20,553,458.08 CNY in the previous year[25] - Cash paid for taxes decreased significantly to 952,247.44 CNY, down 93.25% from 14,088,392.35 CNY in the same period last year[25] Assets and Liabilities - Total assets as of September 30, 2024, reached ¥841,045,731.79, an increase of 8.82% compared to ¥772,878,448.26 at the end of 2023[4] - The company’s asset-liability ratio (consolidated) stood at 10.15%, up from 3.32% at the end of 2023[4] - Total liabilities amounted to ¥85,359,515.63, while total equity reached ¥755,686,216.16, indicating a strong equity position[20] - The company's long-term equity investments decreased to CNY 13,714,930.42 from CNY 14,913,256.37, a decline of approximately 8.0%[18] - The company has a frozen cash amount of CNY 6,249,196.35, which constitutes 0.74% of total assets[17] Expenses - Sales expenses increased by 24.65% to ¥1,615,261.16, attributed to enhanced market development and increased compensation for sales personnel[7] - Management expenses increased by 21.89% year-on-year, totaling ¥8,962,865.20, primarily due to an increase in management personnel and related compensation[8] - R&D expenses decreased by 8.99% year-on-year, amounting to ¥11,012,932.78, mainly due to reduced investment in certain R&D projects[8] - Financial expenses increased by 76.74% year-on-year, resulting in a net expense of -¥1,912,051.42, attributed to decreased interest income and lease asset financing costs[8] - Other income surged by 551.74% year-on-year, reaching ¥1,565,467.48, mainly due to increased subsidy income from VAT deductions[8] - Net profit decreased by 23.14% year-on-year, totaling ¥23,879,832.01, primarily due to a decline in gross profit margin and increased period expenses[8] Shareholder Information - The total number of ordinary shares increased to 153,656,204, with 57.72% being unrestricted shares[11] - The largest shareholder, Foshan Fosun Technology Group Co., Ltd., holds 38.42% of the shares, totaling 59,032,684 shares[13] Compliance and Penalties - The company faced an administrative penalty of CNY 880,000 due to customs violations, which has been fully paid as of September 2024[17] - The company has committed to improving compliance and has ceased certain processing operations since March 2023[17]
纬达光电(873001) - 2024 Q3 - 季度财报