Financial Performance - The company's operating revenue for Q3 2024 reached ¥4,238,960,755.73, representing a year-over-year increase of 34.75%[2] - Net profit attributable to shareholders was ¥374,006,153.03, marking a significant increase of 139.07% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥354,884,702.48, reflecting a 160.08% increase year-over-year[2] - The basic earnings per share (EPS) was ¥5.24, up 140.37% from the previous year[4] - Total operating revenue for the first three quarters of 2024 reached CNY 10,905,353,800.60, a significant increase of 45.8% compared to CNY 7,526,030,958.41 in the same period of 2023[15] - Operating profit for the first three quarters of 2024 was CNY 1,162,782,928.78, up from CNY 377,863,767.61 in the previous year, reflecting a growth of 207.5%[15] - The company reported a net profit of CNY 1,163,838,491.41 for the first three quarters of 2024, compared to CNY 447,495,540.83 in the same period last year, representing a growth of 160.0%[15] - The net profit for Q3 2024 was CNY 969,685,795.27, a significant increase of 156.5% compared to CNY 378,360,097.70 in Q3 2023[16] - The total comprehensive income for Q3 2024 reached CNY 975,153,480.07, up from CNY 360,926,859.40 in the same period last year, reflecting a growth of 170.5%[16] - The basic earnings per share for Q3 2024 was CNY 13.58, compared to CNY 5.29 in Q3 2023, representing an increase of 157.5%[16] Assets and Liabilities - Total assets increased by 31.17% year-over-year, reaching ¥14,231,190,400.74[4] - The company reported a total of 1.107 billion yuan in current assets as of September 30, 2024, compared to 770.6 million yuan at the end of 2023[12] - Total assets increased to CNY 14,231,190,400.74, compared to CNY 10,849,629,489.10 in the previous year, marking a growth of 31.9%[14] - Total liabilities rose to CNY 8,097,482,962.35, up from CNY 5,315,923,667.07, indicating a 52.5% increase year-over-year[14] - The company’s goodwill decreased slightly to CNY 134,253,451.55 from CNY 135,682,820.64, a decline of 1.1%[14] - Deferred tax assets increased to CNY 107,658,118.42 from CNY 67,493,324.07, marking a growth of 59.5%[14] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥3,349,229,512.72, showing a 49.98% increase compared to the previous year[7] - Cash flow from operating activities for the first three quarters of 2024 was CNY 3,349,229,512.72, an increase of 50.1% from CNY 2,233,048,433.65 in the same period of 2023[17] - Cash inflow from investment activities in the first three quarters of 2024 was CNY 8,664,562,771.06, compared to CNY 1,498,938,224.50 in 2023, marking a growth of 478.5%[17] - The net cash flow from investment activities for the first three quarters of 2024 was -CNY 3,018,358,350.34, compared to -CNY 342,258,240.87 in 2023, indicating a larger outflow[18] - The total cash and cash equivalents at the end of Q3 2024 were CNY 4,290,488,937.82, down from CNY 4,500,469,723.79 at the end of Q3 2023[18] - The company reported a cash inflow from sales and services of CNY 11,899,904,918.32 for the first three quarters of 2024, compared to CNY 8,408,245,901.42 in the same period of 2023, an increase of 41.5%[17] - The company’s total cash outflow from operating activities for the first three quarters of 2024 was CNY 10,062,433,570.90, compared to CNY 7,225,413,620.03 in 2023, reflecting a rise of 39.5%[17] Research and Development - Research and development (R&D) expenses totaled ¥198,595,884.50, accounting for 4.69% of operating revenue, a decrease of 0.85 percentage points from the previous year[4] - Research and development expenses for the first three quarters of 2024 were CNY 547,999,043.02, an increase from CNY 468,248,119.72 in the previous year, reflecting a growth of 17.0%[15] - The company’s R&D efforts are focused on new product development and technological advancements to drive future growth[10] Market and Sales - The company attributed the revenue growth to increased sales of electric two-wheelers, service robots, and all-terrain vehicles, along with improved market share[7] - The sales volume of self-branded retail scooters was 361,200 units, generating revenue of 693 million yuan[11] - The sales volume of electric two-wheelers was 937,600 units, with revenue of 2.592 billion yuan, primarily from the Chinese market[11] Future Plans - The company plans to expand its market presence and enhance product offerings in the upcoming quarters[10] Shareholding Structure - The company has no significant changes in the shareholding structure or participation in margin trading activities[10] Accounting Standards - The company did not apply new accounting standards or interpretations for the first time in 2024[19]
九号公司(689009) - 2024 Q3 - 季度财报