Financial Performance - Operating revenue for the first nine months of 2024 reached ¥146,511,584.35, representing a year-on-year increase of 4.75%[5] - Net profit attributable to shareholders for the first nine months of 2024 was ¥18,739,532.26, a decline of 28.38% compared to the same period last year[5] - The company reported a basic earnings per share of ¥0.20 for the first nine months of 2024, down 28.57% from the previous year[5] - Operating income decreased by 31.90% to CNY 19,532,483.40, primarily due to a 4.75% increase in main business revenue and a 6.68% increase in total operating costs[9] - Net profit for the first nine months of 2024 was ¥16,681,365.93, a decrease of 33.4% from ¥25,076,669.97 in the previous year[27] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was ¥35,719,765.43, down 18.35% year-on-year[5] - Net cash flow from operating activities decreased by 18.35% to CNY 35,719,765.43, attributed to a 64.23% decline in cash received from operating activities and a 9.76% increase in cash paid to employees[9] - Cash flow from operating activities was 35,719,765.43 yuan, down from 43,745,961.85 yuan, a decrease of about 18.5%[31] - Operating cash inflow for the first nine months of 2024 was CNY 72,145,491.10, a decrease of 16.67% compared to CNY 86,634,446.06 in the same period of 2023[32] - Net cash flow from operating activities was CNY 12,829,079.05, down 50.05% from CNY 25,713,709.01 year-over-year[33] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥415,410,484.51, a decrease of 1.57% compared to the end of the previous year[4] - The company's total assets decreased to ¥326,002,163.98 from ¥334,987,821.96, reflecting a decline of approximately 2.7%[25] - Total current liabilities increased to CNY 42,611,265.33 from CNY 37,364,195.04, reflecting an increase of approximately 14.06%[21] - Non-current liabilities decreased to CNY 25,670,282.49 from CNY 37,224,068.20, a decline of about 30.93%[21] - Total liabilities decreased to ¥33,499,300.17 from ¥39,028,971.25, a reduction of about 14.0%[25] Equity and Shareholder Information - The company's total equity as of September 30, 2024, was CNY 347,128,936.69, slightly down from CNY 347,441,396.29 as of December 31, 2023[22] - The total number of unrestricted shares increased from 20,794,903 to 34,089,138, representing 36.96% of the total share capital[12] - The company has a total share capital of 92,242,108 shares, with 5,807 shareholders[13] - The largest shareholder, China Textile Science Research Institute Co., Ltd., holds 54,000,000 shares, accounting for 58.54% of the total shares[14] Expenses - Research and development expenses rose by 19.26% to ¥14,901,197.44, reflecting higher personnel costs and equipment depreciation[8] - Total operating costs for the same period were ¥129,384,727.86, up 6.7% from ¥121,286,032.25 year-over-year[26] - The company reported a significant increase in accounts payable, rising to ¥5,513,681.59 from ¥3,802,137.35, an increase of 45.0%[26] - The company reported a decrease in sales expenses from 7,606,833.93 yuan to 6,040,138.95 yuan, a reduction of approximately 20.6%[28] Other Financial Metrics - Non-operating income fell by 98.05% to CNY 127,102.96, as there were no related income this period compared to CNY 6.5 million received in the same period last year[9] - Total non-operating income and expenses amounted to CNY 3,195,687.23, with a tax impact of CNY 464,351.34[11] - The company received CNY 8,870,255.59 in investment income during the first nine months of 2024[33] - Cash outflow from investing activities totaled CNY 20,187,436.40, significantly higher than CNY 9,336,339.39 in the previous year[33]
中纺标(873122) - 2024 Q3 - 季度财报