Financial Performance - The company's operating revenue for Q3 2024 reached ¥166,135,870.85, representing a 106.55% increase year-over-year[2] - Net profit attributable to shareholders was ¥17,051,637.89, up 46.11% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥15,391,299.97, showing a significant increase of 195.42% year-over-year[2] - Total operating revenue for Q3 2024 reached ¥436,062,017.42, an increase of 24.3% compared to ¥351,108,405.65 in Q3 2023[14] - Net profit for Q3 2024 was ¥78,599,133.78, down 12.9% from ¥90,212,180.29 in Q3 2023[15] - Operating profit for Q3 2024 was ¥88,532,892.00, a decrease of 12.8% from ¥101,552,952.10 in Q3 2023[14] - Basic earnings per share for Q3 2024 were ¥1.2179, down from ¥1.4496 in Q3 2023[15] - The company reported a basic earnings per share of ¥0.2466, which is a 31.50% increase compared to the same period last year[2] Assets and Liabilities - Total assets as of September 30, 2024, amounted to ¥1,755,806,042.61, reflecting a 56.59% increase from the end of the previous year[2] - Total assets as of Q3 2024 amounted to ¥1,755,806,042.61, compared to ¥1,121,261,279.72 in the previous year, reflecting a significant increase[13] - Total liabilities and owners' equity as of Q3 2024 were ¥1,755,806,042.61, up from ¥1,121,261,279.72 in Q3 2023[13] - Total current assets reached ¥1,294,979,260.65, up from ¥640,928,834.43, marking an increase of approximately 102%[11] - Total current liabilities increased to ¥409,770,311.26 from ¥174,510,112.62 in Q3 2023[12] - Total non-current assets as of Q3 2024 were ¥460,826,781.96, compared to ¥480,332,445.29 in the previous year[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,093, with the largest shareholder, Lu Qiang, holding 14.32% of shares[8] - The company has a total of 10 major shareholders, with the top three holding a combined 37.86% of shares[8] - The total number of shares after the IPO is 82,975,503, with 6,223,162.7 shares subject to restrictions and 2,074,387.6 shares freely tradable[10] Cash Flow and Financing - The net cash flow from operating activities for the year-to-date was -¥74,260,505.91, a decline of 168.42% year-over-year[6] - Operating cash flow for the period was negative at -74,260,505.91 CNY, a decrease from 108,530,418.63 CNY in the previous period, indicating a significant decline in operational efficiency[17] - Total cash inflow from financing activities reached 424,332,720.76 CNY, a substantial increase compared to 23,800,000.00 CNY in the prior period, reflecting strong capital raising efforts[17] - The company raised ¥402,087,956.68 from financing activities, a significant increase of 615.58% compared to the previous year[6] - The net cash flow from financing activities was positive at 402,087,956.68 CNY, contrasting with a negative flow of -77,986,768.55 CNY in the previous period, highlighting improved financial stability[17] Expenses and Costs - The company reported a 30.44% increase in selling expenses, totaling ¥8,260,048.49, attributed to market expansion efforts[6] - Research and development expenses for Q3 2024 were ¥27,684,488.82, slightly up from ¥26,866,269.30 in Q3 2023[14] - Payments to employees increased to 65,757,362.38 CNY from 57,813,690.99 CNY, reflecting higher labor costs[17] - Cash outflow for operating activities increased to 242,140,203.98 CNY, compared to 185,697,964.79 CNY in the last period, indicating rising operational costs[17] Inventory and Receivables - The company experienced a 157.98% increase in accounts receivable, totaling ¥472,305,035.01, due to increased revenue and longer collection cycles[6] - Accounts receivable rose significantly to ¥472,305,035.01 from ¥183,075,738.40, indicating an increase of about 158%[11] - Inventory levels rose to ¥124,960,661.31 from ¥89,795,643.29, indicating an increase of approximately 39%[11] Cash and Equivalents - The company's cash and cash equivalents increased to ¥683,263,156.52 from ¥336,252,290.53, representing a growth of approximately 103%[11] - Cash and cash equivalents at the end of the period totaled 635,274,654.04 CNY, up from 199,788,741.10 CNY in the previous period, showing improved liquidity[17] Other Financial Metrics - The company's fixed assets increased to ¥383,952,770.30 from ¥370,854,754.63, reflecting a growth of about 3%[11] - The company reported a significant increase in prepaid expenses, which decreased to ¥9,423,455.16 from ¥12,208,801.18, a decline of about 23%[11] - The company disposed of fixed assets for a cash inflow of 77,000.00 CNY, indicating some asset liquidation[17] - Tax payments decreased to 39,978,187.08 CNY from 59,245,268.60 CNY, indicating potential tax relief or lower taxable income[17]
佳力奇(301586) - 2024 Q3 - 季度财报