Financial Performance - The company's revenue for Q3 2024 reached ¥587,287,078.82, representing a year-on-year increase of 22.41%[2] - The net profit attributable to shareholders for the same period was ¥33,179,257.79, showing a slight increase of 0.05% compared to the previous year[2] - The net profit after deducting non-recurring gains and losses was ¥26,956,768.71, which is a decrease of 1.92% year-on-year[2] - The net profit for the third quarter of 2024 was CNY 124,716,697.91, an increase of 5.2% compared to CNY 118,488,352.73 in the same period last year[14] - Operating profit for the quarter was CNY 136,029,532.91, compared to CNY 129,300,260.14 in the previous year, reflecting a growth of 5.3%[14] - The total profit for the quarter was CNY 135,687,810.69, up from CNY 128,882,323.07, marking a growth of 6.3% year-over-year[14] - Basic and diluted earnings per share were both CNY 0.4472, compared to CNY 0.4248 in the same quarter last year, indicating a 5.2% increase[15] Cash Flow - The net cash flow from operating activities for the year-to-date period increased significantly by 245.79%, amounting to ¥67,850,526.03[2] - The net cash flow from operating activities for Q3 2024 was ¥67,850,526.03, a significant improvement compared to a net outflow of ¥46,539,723.89 in Q3 2023[17] - Total cash inflow from operating activities reached ¥1,801,456,831.51, while cash outflow was ¥1,733,606,305.48, resulting in a positive cash flow[17] - The company reported a net cash inflow from operating activities of CNY 1,790,203,279.53, compared to CNY 1,298,840,989.53 in the previous year, indicating a strong operational performance[16] - Cash flow from investing activities showed a net outflow of ¥34,588,650.87, compared to a larger outflow of ¥73,934,518.56 in the same period last year[17] - Cash inflow from financing activities was ¥342,230,000.00, while cash outflow totaled ¥370,767,399.82, leading to a net cash flow of -¥28,537,399.82[17] - The ending balance of cash and cash equivalents increased to ¥100,917,233.43 from ¥47,084,223.52 in Q3 2023[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,290,612,309.66, reflecting a growth of 9.07% from the end of the previous year[2] - Current assets totaled ¥2,225,669,490.29, compared to ¥2,003,922,873.26 at the beginning of the period, indicating a growth of 11.0%[12] - Total liabilities reached ¥2,017,416,307.01, compared to ¥1,868,739,058.06, reflecting an increase of 7.9%[13] - The company's equity attributable to shareholders rose to ¥1,273,196,002.65 from ¥1,148,126,289.78, an increase of 10.9%[13] - Non-current assets totaled ¥1,064,942,819.37, up from ¥1,012,942,474.58, indicating a growth of 5.2%[12] Expenses - Total operating costs amounted to ¥1,773,082,455.57, up from ¥1,381,168,222.08, reflecting a year-over-year increase of 28.4%[13] - Research and development expenses rose to CNY 78,865,803.35, up 13.0% from CNY 69,752,884.39 year-over-year[14] - Financial expenses decreased to CNY 21,846,176.92 from CNY 25,901,292.03, a reduction of 15.8%[14] - The company reported a total payment of ¥1,532,218,589.93 for purchases of goods and services, up from ¥1,200,362,994.17 in the previous year[17] - Payments to employees increased to ¥104,066,542.39 from ¥87,376,068.63 year-over-year[17] - Tax payments rose to ¥25,209,608.72, compared to ¥15,120,179.62 in Q3 2023[17] Government Support and IPO - The company received government subsidies amounting to ¥6,675,461.89 during the reporting period[4] - The company successfully completed an IPO, raising a total of ¥63,961.07 million, with a net amount of ¥54,850.33 million after expenses[10] Future Outlook - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[14] - The company is set to implement new accounting standards starting in 2024, which may affect future financial reporting[18] - The company has not yet audited the Q3 2024 report, indicating that the figures are preliminary[18]
上大股份(301522) - 2024 Q3 - 季度财报