BSBE(300406)2024-10-28 09:05Financial Performance - The company's revenue for Q3 2024 was ¥415,674,031.01, representing a decrease of 0.40% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥123,010,664.66, down 5.19% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥123,096,802.07, a decrease of 5.18% compared to the previous year[2]. - Total operating revenue for Q3 2024 reached CNY 1,237,396,355.82, a slight increase from CNY 1,233,685,019.60 in Q3 2023, representing a growth of approximately 0.2%[19]. - Net profit for the period was CNY 441,532,898.97, compared to CNY 421,660,308.10 in the same period last year, showing an increase of about 4.7%[19]. - The net profit for the current period is approximately CNY 372.4 million, compared to CNY 368.1 million in the previous period, reflecting a slight increase of 1.0%[20]. - The total comprehensive income attributable to the parent company is CNY 373.2 million, compared to CNY 371.6 million in the previous period, reflecting a marginal increase of 0.4%[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,457,166,912.86, an increase of 5.44% from the end of the previous year[2]. - Total assets rose to CNY 5,457,166,912.86 from CNY 5,175,748,806.32, marking an increase of approximately 5.4%[18]. - Total liabilities increased to CNY 1,492,618,627.75 from CNY 1,454,198,649.68, reflecting a growth of about 2.6%[18]. - The company's total current assets as of September 30, 2024, are RMB 2,597,126,673.95, up from RMB 2,334,266,497.33 at the beginning of the period[16]. - The company's fixed assets have increased to RMB 608,073,796.47 from RMB 337,471,459.51 at the beginning of the period[16]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 17,548[6]. - The largest shareholder, China Pharmaceutical Investment Co., Ltd., holds 17.65% of shares, totaling 103,887,487 shares[6]. - The company has no related party relationships among the top shareholders[6]. - The number of shares held by the top ten unrestricted shareholders includes significant holdings by natural persons and institutional investors[6]. Share Repurchase and Incentives - The company repurchased a total of 4,825,100 shares, accounting for 0.82% of the total share capital, with a total expenditure of 78,973,771.00 RMB[9]. - The maximum repurchase price was adjusted to 29.80 RMB per share, effective from May 7, 2024[9]. - The company plans to use repurchased shares for equity incentives or employee stock ownership plans[9]. - The fourth phase of the restricted stock incentive plan has released 1,098,697 shares, representing 0.1867% of the total share capital, with the listing date on July 12, 2024[12]. - The company has granted 336,323 shares under the fifth phase of the restricted stock incentive plan at a price of RMB 9.53 per share, with the listing date on September 20, 2024[14]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥403,274,077.43, an increase of 9.90% year-on-year[2]. - The total cash inflow from operating activities is CNY 1.36 billion, up from CNY 1.27 billion, indicating a growth of 6.5%[22]. - The net cash flow from operating activities is CNY 403.3 million, compared to CNY 366.9 million in the previous period, representing an increase of 9.8%[22]. - The company reported a cash balance of CNY 994.6 million at the end of the period, significantly higher than CNY 390.5 million at the end of the previous period, marking a growth of 154.1%[23]. - The cash outflow from financing activities totaled CNY 184.8 million, compared to CNY 178.4 million in the previous period, showing an increase of 3.9%[23]. - The cash inflow from investment activities is CNY 274.1 million, a substantial increase from CNY 7.2 million in the previous period[22]. - The company received CNY 240 million from the recovery of investments, which was not reported in the previous period[22]. Investments - The company’s long-term equity investment increased to ¥30,509,467.49 due to investments in joint ventures[5]. - The company invested RMB 32 million to acquire a 25.21% stake in Longjin Biotechnology, enhancing its product pipeline and strategic significance[15]. - The company reported a long-term equity investment of RMB 30,509,467.49 as of September 30, 2024[16]. Expenses - Total operating costs decreased to CNY 793,399,425.93 from CNY 808,875,161.23, reflecting a reduction of about 1.0%[19]. - Research and development expenses increased to CNY 129,511,221.98, up from CNY 109,912,038.83, indicating a growth of approximately 17.8% year-over-year[19]. - The company reported a decrease in employee compensation payable from CNY 76,807,778.46 to CNY 49,373,549.25, a reduction of approximately 35.8%[17]. - Deferred income increased significantly from CNY 16,973,999.40 to CNY 30,354,937.02, indicating a growth of about 78.5%[17].