Financial Performance - Operating revenue for the first nine months of 2024 increased by 11.63% to CNY 150,171,031.47 compared to the same period in 2023[5]. - Net profit attributable to shareholders for the first nine months of 2024 rose by 20.93% to CNY 20,981,706.23 compared to the same period in 2023[5]. - The basic earnings per share for the third quarter of 2024 was CNY 0.13, up from CNY 0.11 in the same period of 2023[5]. - Total operating revenue for the first nine months of 2024 reached ¥150,171,031.47, an increase from ¥134,528,944.49 in the same period of 2023, representing a growth of approximately 11.9%[18]. - The company's net profit for the first nine months of 2024 reached ¥25,401,851.16, an increase from ¥24,638,505.19 in the same period of 2023, representing a growth of approximately 3.1%[20]. - The total profit for the first nine months of 2024 was ¥28,875,553.47, compared to ¥28,001,390.97 in 2023, marking an increase of about 3.1%[20]. - The company's operating profit for the first nine months of 2024 was ¥28,839,201.69, slightly up from ¥28,026,356.75 in the same period last year, showing a growth of approximately 2.9%[20]. Assets and Liabilities - Total assets as of September 30, 2024, decreased by 11.63% to CNY 461,778,319.54 compared to the end of 2023[5]. - The company's total liabilities to assets ratio (consolidated) increased to 13.24% as of September 30, 2024, compared to 12.76% at the end of 2023[5]. - Total assets decreased from CNY 522,530,811.65 as of December 31, 2023, to CNY 461,778,319.54 as of September 30, 2024, representing a decline of approximately 11.6%[12]. - Current assets decreased from CNY 302,702,660.00 to CNY 247,395,402.49, a reduction of about 18.3%[12]. - Total liabilities decreased from CNY 66,649,769.09 to CNY 61,127,744.72, a decrease of about 8.3%[13]. - Total liabilities decreased to ¥19,003,068.43 from ¥22,132,094.77, a reduction of approximately 14.5%[16]. Cash Flow - The net cash flow from operating activities for the first nine months of 2024 decreased by 2.50% to CNY 21,835,425.34 compared to the same period in 2023[5]. - Cash and cash equivalents decreased by 29.50% to CNY 157,301,897.71 due to dividend payments and acquisition-related cash outflows[6]. - Cash inflow from operating activities totaled ¥173,857,550.59 for the first nine months of 2024, compared to ¥159,001,377.16 in 2023, indicating an increase of approximately 9.4%[22]. - The net cash flow from operating activities for the first nine months of 2024 was $21,835,425.34, a slight decrease from $22,396,325.17 in the same period of 2023, reflecting a year-over-year decline of approximately 2.5%[23]. - The net cash flow from investing activities was -$8,274,758.65, an improvement from -$15,191,973.81 year-over-year[23]. - The net cash flow from financing activities was -$79,389,485.63, worsening from -$34,726,022.77 in the same period last year[23]. Expenses - Sales expenses for the first nine months of 2024 increased by 23.29% to CNY 23,656,284.42 compared to the same period in 2023[6]. - Total operating costs for the same period were ¥128,645,560.81, up from ¥120,160,655.56, indicating an increase of about 7.3%[18]. - The company’s operating costs for the first nine months of 2024 were ¥47,388,249.07, up from ¥41,986,146.13 in 2023, representing an increase of approximately 12.0%[20]. - Research and development expenses for the first nine months of 2024 were ¥11,150,420.85, compared to ¥10,005,555.28 in the same period of 2023, an increase of about 11.4%[18]. - Research and development expenses increased to ¥7,303,685.16 in 2024 from ¥6,828,715.22 in 2023, representing a rise of about 6.9%[20]. Shareholder Information - The proportion of major shareholders holding more than 5% of shares is 74.77% as of the end of the reporting period[10]. - The company has no significant litigation or arbitration matters during the reporting period[11]. - The company has not engaged in any major asset acquisitions or disposals during the quarter[11]. - The company has fulfilled its disclosed commitments in a timely manner[11].
天纺标(871753) - 2024 Q3 - 季度财报