Financial Performance - Net profit attributable to shareholders for the first nine months of 2024 reached CNY 29,616,124.51, representing a 21.09% increase from CNY 24,457,437.55 in the same period of 2023[3] - Operating revenue for the first nine months of 2024 was CNY 144,603,558.85, up 19.33% from CNY 121,183,276.04 year-on-year[3] - Basic earnings per share for the third quarter of 2024 was CNY 0.30, reflecting a 30.43% increase compared to CNY 0.23 in the same period of 2023[3] - Total operating revenue for the first nine months of 2024 reached ¥144,603,558.85, a 19.2% increase from ¥121,183,276.04 in the same period of 2023[19] - Total profit for the first nine months of 2024 was ¥32,115,349.88, an increase of 21.5% from ¥26,526,785.31 in the same period of 2023[20] - The company’s total operating profit was ¥32,131,590.75, compared to ¥26,551,567.59 in the previous year, reflecting a growth of 21.2%[20] - Basic earnings per share rose to ¥0.76, up from ¥0.63 year-over-year[21] Cash Flow and Liquidity - Cash flow from operating activities for the first nine months of 2024 showed a net outflow of CNY 6,424,786.44, a significant decline of 144.83% compared to a net inflow of CNY 14,330,097.95 in the previous year[5] - Cash inflow from operating activities reached 171,053,950.78, up from 140,384,392.30 in the same period last year, indicating a growth of approximately 21.8%[24] - The net cash flow from operating activities was -6,424,786.44, a decline from 14,330,097.95 in the previous year, showing a significant decrease[25] - Cash inflow from investment activities totaled 179,849,344.92, compared to 176,101,393.80 in the previous period, indicating a slight increase[25] - The net cash flow from investment activities was 72,333,538.43, a recovery from -90,736,286.88 in the previous year, marking a substantial improvement[25] - Cash and cash equivalents at the end of the period were 79,863,422.53, compared to 44,293,400.66 at the end of the previous period, reflecting a significant increase[25] Assets and Liabilities - Total assets as of September 30, 2024, amounted to CNY 381,917,891.89, a decrease of 2.06% compared to CNY 389,950,873.56 at the end of 2023[3] - The company's current assets total 220,008,363.43 yuan, a decrease from 236,417,683.67 yuan at the end of the previous year[13] - Current liabilities decreased from 42,801,588.45 to 36,352,854.64, a reduction of about 15.1%[17] - Total equity decreased from 346,531,653.12 to 344,924,656.27, a decline of approximately 0.4%[15] - The debt-to-asset ratio for the consolidated entity decreased to 9.69% from 11.13% year-on-year, indicating improved financial stability[3] Shareholder Information - The total number of ordinary shares at the end of the reporting period is 39,000,000, with 30.84% being unrestricted shares and 69.16% being restricted shares[7] - The largest shareholder, Zhuhai Let Investment Co., Ltd., holds 11,060,000 shares, representing 28.36% of total shares[8] - The number of shareholders holding more than 5% of shares is 10, with a total holding of 30,936,407 shares, accounting for 79.32% of total shares[9] - There are no pledges or judicial freezes on shares held by major shareholders[9] Operational Highlights - The company's inventory rose to CNY 75,627,669.25, a 42.69% increase, driven by expanded production and sales scale[4] - Research and development expenses increased to ¥13,891,653.63, a rise of 9.8% from ¥12,646,576.43 in the previous year[19] - The company reported a significant increase in long-term construction projects from 2,803,078.94 to 5,719,215.04, an increase of about 104.1%[17] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19] Other Financial Metrics - Investment income for the first nine months of 2024 increased by 42.48% to CNY 3,113,282.65, attributed to concentrated maturity of structured deposits[4] - Non-recurring gains and losses for the first nine months totaled CNY 2,962,805.87, reflecting the impact of various non-operating income and expenses[6] - The company paid 31,200,000.00 in dividends, up from 11,700,000.00 in the previous year, indicating a strong commitment to returning value to shareholders[25] - The company received tax refunds of 8,058,587.13, compared to 4,340,141.95 in the previous year, showing an increase in cash inflow from tax refunds[24] - The company has no litigation or arbitration matters during the reporting period[10] - The company has not introduced any new commitments during the reporting period, and all existing commitments are being fulfilled normally[11]
雷特科技(832110) - 2024 Q3 - 季度财报