KCT(SZ:002625)2024-10-30 11:02Financial Performance - The company's revenue for Q3 2024 reached ¥417,191,578.27, an increase of 9.43% compared to the same period last year[2] - Net profit attributable to shareholders for the same period was ¥175,681,396.82, reflecting a growth of 19.48% year-over-year[2] - The net profit after deducting non-recurring gains and losses was ¥174,034,326.00, up 24.23% from the previous year[2] - Total operating revenue for Q3 2024 was CNY 1,269,218,700.51, an increase from CNY 1,224,234,212.55 in Q3 2023, representing a growth of approximately 3.7%[16] - Net profit for Q3 2024 was CNY 536,982,108.20, compared to CNY 447,229,973.56 in Q3 2023, indicating an increase of approximately 20%[17] - The total comprehensive income attributable to the parent company for Q3 2024 was approximately CNY 537.05 million, an increase from CNY 447.35 million in Q3 2023, representing a growth of about 20%[18] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥98,571,180.68, showing a significant increase of 171.18%[5] - The net cash flow from operating activities for Q3 2024 was CNY 98.57 million, a significant improvement compared to a net outflow of CNY 138.48 million in Q3 2023[20] - The total cash inflow from operating activities was CNY 732.33 million, up from CNY 577.29 million in the same period last year, indicating a growth of approximately 27%[20] - The cash outflow from operating activities decreased to CNY 633.76 million from CNY 715.77 million, reflecting a reduction of about 11%[20] - The cash and cash equivalents at the end of Q3 2024 stood at CNY 5.01 billion, a decrease from CNY 5.38 billion at the end of Q3 2023[21] - The company's cash and cash equivalents at the end of the period were CNY 5,398.70 million, down from CNY 5,645.71 million at the beginning of the period[14] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥10,183,244,811.65, representing a 4.14% increase from the end of the previous year[2] - Total assets increased to CNY 10,183,244,811.65 from CNY 9,778,783,862.03, reflecting a growth of about 4.1%[16] - The company reported a significant increase in accounts receivable, which rose by 83.53% to ¥338,591,137.82 due to the receipt of commercial acceptance bills[4] - The company’s total liabilities increased significantly, with other payables rising by 5484.43% to ¥506,752,429.17, primarily due to the accrual of dividends[4] - Total liabilities rose to CNY 1,392,715,254.37 from CNY 958,795,541.12, an increase of approximately 45%[16] Investment and Growth - The company approved an additional investment of CNY 613.95 million in the Shunde industrial base project, bringing the total investment to CNY 2,365.77 million[11] - The company signed mass production contracts for metamaterials products totaling CNY 788.65 million and R&D contracts totaling CNY 37.85 million, amounting to a total of CNY 826.50 million[12] - The company plans to expand its market presence and invest in new technologies to drive future growth[15] Research and Development - The company reported a decrease in research and development expenses to CNY 71,985,893.18 from CNY 65,456,774.77, a reduction of about 9.5%[17] - The company has not reported any new product launches or technological advancements in this quarter[6] Earnings Per Share - The company's basic earnings per share for Q3 2024 was ¥0.082, a rise of 20.59% compared to the same period last year[2] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.25, an increase from CNY 0.21 in Q3 2023, representing a growth of approximately 19%[18]