Financial Performance - Net profit attributable to shareholders rose by 11.67% to CNY 32.87 million for the first nine months of 2024, up from CNY 29.44 million in the same period of 2023[4] - Total revenue for the first nine months of 2024 reached ¥156,278,711.01, an increase from ¥144,876,062.20 in the same period of 2023, reflecting a growth of approximately 8.7%[18] - Operating revenue for the first nine months of 2024 was ¥156,278,711.01, compared to ¥144,876,062.20 in the same period last year, indicating a year-over-year increase of about 7.7%[20] - Net profit for the current period reached ¥37,522,426.22, an increase from ¥27,904,791.30 in the previous period, representing a growth of approximately 34.5%[20] - Total profit for the current period was ¥42,796,397.74, compared to ¥32,197,431.32 in the previous period, showing an increase of approximately 32.5%[20] - Basic and diluted earnings per share both improved to ¥0.55 from ¥0.49, representing an increase of about 12.2%[20] Assets and Liabilities - Total assets increased by 55.85% to CNY 658.71 million as of September 30, 2024, compared to CNY 422.65 million at the end of 2023[3] - The company's total liabilities increased to ¥301,945,240.82 from ¥198,938,279.11, marking an increase of approximately 51.7%[13] - The company's total liabilities to assets ratio decreased to 45.84% in Q3 2024 from 47.07% in the previous year[3] - The total equity attributable to shareholders increased by 59.48% to CNY 356.76 million compared to CNY 223.71 million at the end of 2023[3] - The company's equity attributable to shareholders rose to ¥361,415,513.43 as of September 30, 2024, compared to ¥223,877,576.83 at the end of 2023, representing an increase of approximately 61.5%[17] Cash Flow - The net cash flow from operating activities decreased by 62.71% to CNY 17.82 million for the first nine months of 2024, down from CNY 47.79 million in the same period of 2023[4] - Total cash inflow from operating activities is ¥161,618,543.03, down from ¥169,610,258.75 in the previous year, reflecting a decline of 4.7%[22] - Cash outflow from operating activities increased to ¥143,797,960.22, compared to ¥121,819,631.15 in the same period last year, marking a rise of 18.0%[22] - The net cash flow from investing activities is -¥85,947,113.50, worsening from -¥79,032,974.69 in the previous year, indicating a decline of 8.0%[23] - Cash inflow from financing activities increased significantly to ¥221,976,423.79, compared to ¥105,110,482.10 in the same period last year, representing a growth of 110.8%[23] - The ending cash and cash equivalents balance is ¥165,884,502.21, up from ¥79,807,416.68 in the previous year, reflecting an increase of 108.0%[23] Expenses - The company reported a significant increase in management expenses by 72.28% to CNY 12.04 million, attributed to new employee recruitment[6] - Total operating costs for the first nine months of 2024 were ¥131,927,839.63, compared to ¥114,395,359.12 in 2023, indicating an increase of about 15.4%[18] - The company’s total operating costs increased to ¥107,584,551.93 from ¥99,145,811.32, representing a rise of about 8.8%[20] - Research and development expenses for the first nine months of 2024 were ¥6,422,517.96, compared to ¥5,292,460.99 in the same period of 2023, showing an increase of about 21.3%[18] - Research and development expenses increased to ¥6,422,517.96 from ¥5,292,460.99, marking a rise of about 21.3%[20] Shareholder Information - The company has a total of 55,945,527 shares held by the top ten shareholders, accounting for 74.85% of total shares[10] - The company has implemented an employee stock ownership plan, which has been approved by the shareholders[11] Other Information - The company has no reported litigation or arbitration matters during the reporting period[11] - The company reported a net profit margin improvement, with net income for the first nine months of 2024 expected to be higher than the previous year, although specific figures were not disclosed[18] - The company plans to expand its market presence and invest in new technologies to drive future growth, focusing on enhancing product offerings and customer engagement strategies[18] - The company received ¥105,147,500.00 from investment absorption, indicating a strong capital influx[25] - Cash outflow for purchasing goods and services rose to ¥116,895,214.75, compared to ¥93,120,677.81 in the same period last year, an increase of 25.5%[25] - The company reported a cash inflow of ¥1,000,000.00 from other investment activities, a significant decrease from ¥25,200,000.00 in the previous year[25]
中草香料(920016) - 2024 Q3 - 季度财报