今飞凯达(002863) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,172,966,820.63, a decrease of 0.50% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥16,879,247.03, an increase of 0.82% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,152,558.83, up 4.49% from the previous year[2]. - For the first nine months of 2024, the company achieved operating revenue of CNY 3,355.06 million, an increase of CNY 182.20 million, representing a growth of 5.74% year-on-year[8]. - The net profit for the same period was CNY 61.55 million, with a net profit attributable to shareholders after deducting non-recurring gains and losses of CNY 29.10 million, reflecting an increase of 8.55%[8]. - Total operating revenue for the period reached CNY 3,355,058,860.89, an increase of 5.74% compared to CNY 3,172,862,423.84 in the previous period[15]. - Net profit attributable to shareholders of the parent company was CNY 60,570,167.06, up from CNY 57,659,077.51, reflecting a growth of 3.15%[16]. - Operating profit for the period was CNY 50,264,806.66, slightly down from CNY 54,102,853.46, a decrease of 7.4%[16]. Assets and Liabilities - The total assets at the end of Q3 2024 reached ¥7,913,637,096.86, reflecting a growth of 7.71% compared to the end of the previous year[2]. - The total current assets increased to approximately CNY 3.67 billion, up from CNY 3.39 billion at the beginning of the period, reflecting a growth of about 8.5%[12]. - The company's non-current liabilities decreased to approximately CNY 1.15 billion from CNY 1.25 billion, reflecting a reduction of about 6.5%[13]. - The total liabilities and equity amounted to CNY 7,913,637,096.86, indicating a growth of 7.69% compared to the previous period[14]. Cash Flow - The company's cash flow from operating activities showed a significant decline of 89.10%, totaling ¥35,919,521.27 year-to-date[2]. - The net cash flow from operating activities was 35,919,521.27 CNY, a decrease of 89.1% compared to 329,608,084.73 CNY in the previous year[19]. - The total cash outflow from investing activities was 485,685,608.11 CNY, an increase of 7.4% from 451,180,694.79 CNY in the same period last year[19]. - The net cash flow from financing activities was -59,405,970.61 CNY, improving from -127,290,435.78 CNY year-over-year[19]. - The net increase in cash and cash equivalents was -468,694,690.65 CNY, compared to -219,870,164.03 CNY in the previous year[20]. - The ending balance of cash and cash equivalents was 164,547,555.01 CNY, up from 102,556,673.24 CNY year-over-year[20]. Inventory and Receivables - The company's inventory increased by 36.19% compared to the end of the previous year, driven by growth in domestic business[6]. - The company experienced a 262.90% increase in credit impairment losses, linked to increased sales leading to higher receivables[6]. - The company's long-term receivables decreased by 31.96%, primarily due to a reduction in financing lease deposits[6]. Market Performance - In the domestic automotive market, the company saw over 20% year-on-year growth in OEM market sales revenue, driven by the expansion of Chinese brands and the strong growth of new energy vehicles[8]. - The European market sales revenue increased by over 50% year-on-year, indicating a successful expansion strategy in that region[9]. Investments and Projects - The company is investing in multiple intelligent production lines for automotive wheels in Anhui and Thailand, aiming to enhance production efficiency and customer responsiveness[9]. - A new project for an annual production capacity of 2 million aluminum alloy wheels for new energy vehicles is expected to be completed by Q4 2025[9]. - The company has made progress in its fundraising project for the "annual production of 50,000 tons of low-carbon industrial aluminum materials and products" with some machinery entering the installation and debugging phase[10]. Research and Development - Research and development expenses increased to CNY 133,987,871.73, compared to CNY 120,146,893.10, marking an increase of 11.6%[15]. - The company holds a total of 258 patents, including 38 invention patents, 135 utility model patents, and 85 design patents, showcasing its commitment to innovation[10]. - The company has developed a low-carbon high Fe high-strength aluminum alloy material, which received patent authorization in March 2023, aimed at reducing carbon emissions and material costs[10]. Employee and Tax Expenses - The company paid 327,302,611.47 CNY in employee compensation, an increase from 278,162,344.73 CNY in the previous year[19]. - The company reported tax payments of 66,155,817.39 CNY, slightly up from 63,693,464.36 CNY year-over-year[19].