万润科技(002654) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was CNY 1,050,718,472.71, a decrease of 17.19% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 4,469,260.36, down 93.84% year-on-year[2] - The net profit excluding non-recurring gains and losses increased by 105.46% to CNY 876,560.33[2] - Total operating revenue for Q3 2024 was approximately ¥3.05 billion, a decrease of 11.6% from ¥3.45 billion in Q3 2023[13] - Net profit for Q3 2024 was approximately ¥14.13 million, compared to ¥43.26 million in Q3 2023, reflecting a decline of 67.4%[13] - Basic earnings per share for Q3 2024 were ¥0.04, down from ¥0.08 in Q3 2023[14] - The company reported a total comprehensive income of approximately ¥14.13 million for Q3 2024, compared to ¥43.26 million in Q3 2023[14] Cash Flow - The company reported a significant decline in cash flow from operating activities, with a net cash flow of CNY -187,389,762.01, a decrease of 1,185.41% year-on-year[2] - Cash flow from operating activities for Q3 2024 was negative at approximately -¥187.39 million, compared to a positive cash flow of ¥17.26 million in Q3 2023[15] - The company experienced an 85.89% decline in non-operating income to ¥8.08 million, mainly due to the previous year's acquisition-related gains[5] - The company's cash and cash equivalents decreased by 122.65% to -¥61.36 million, reflecting the combined impact of operating, investing, and financing activities[5] - The net increase in cash and cash equivalents was -$61,364,829.33, contrasting with an increase of $270,955,817.03 in the previous period[16] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 4,247,192,147.93, reflecting a 5.91% increase from the end of the previous year[2] - Total liabilities rose to CNY 2,699,551,786.91 from CNY 2,486,097,519.65, reflecting an increase of about 8.6%[10] - The company's equity attributable to shareholders increased to CNY 1,507,756,955.31 from CNY 1,465,029,003.37, a growth of approximately 2.2%[10] - Current assets rose to CNY 2,735,376,358.28, up from CNY 2,438,528,198.43, indicating an increase of about 12.2%[9] - Total assets increased to CNY 4,247,192,147.93 from CNY 4,010,156,635.48, reflecting a growth of approximately 5.9%[9] Investments and Expenditures - The company invested in new projects, including semiconductor research and development, leading to a 100% increase in development expenditures to CNY 4,839,108.33[4] - Research and development expenses for Q3 2024 were approximately ¥87.39 million, a decrease of 11.1% from ¥98.27 million in Q3 2023[13] - Cash paid for the acquisition of subsidiaries and other business units reached $231,880,426.41, highlighting ongoing investment in growth[16] Borrowings and Financial Activities - Short-term borrowings rose by 72.71% to CNY 723,180,000.00, primarily due to increased loans from financial institutions[4] - Financial expenses rose by 72.25% to ¥44.65 million, mainly due to loans taken for acquiring wind power equity assets[5] - Cash received from borrowings was $797,000,000.00, an increase from $603,260,000.00, indicating a strategy to leverage debt for financing[16] - The company reported a 59.46% decrease in net cash flow from financing activities to ¥176.36 million, due to increased loans from financial institutions[5] Inventory and Receivables - The company's inventory increased by 61.38% to CNY 325,834,698.66, attributed to business preparation[4] - Accounts receivable increased significantly to CNY 1,297,526,802.67 from CNY 1,078,562,920.82, representing a growth of around 20.3%[9] - Contract liabilities increased by 49.61% to ¥124.32 million due to an increase in advance payments from customers[5]