Financial Performance - The company's operating revenue for Q3 2024 was CNY 417,042,176, a decrease of 22.81% compared to CNY 540,260,359 in the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was CNY 67,332,387, down 27.31% from CNY 92,635,367 in the previous year[2]. - The net profit after deducting non-recurring gains and losses was CNY 65,066,178, a decline of 28.41% compared to CNY 90,891,433 in the same period last year[2]. - The basic earnings per share for Q3 2024 was CNY 0.12, down 25.00% from CNY 0.22 in the same period last year[2]. - Total operating revenue for the current period reached ¥1,225,756,643.95, an increase of 4.5% compared to ¥1,170,897,037.87 in the previous period[19]. - Net profit for the current period was ¥187,743,523.06, representing a 7.3% increase from ¥174,665,580.09 in the previous period[20]. - Basic earnings per share increased to ¥0.32, compared to ¥0.30 in the previous period, marking a 6.7% growth[21]. Assets and Liabilities - Total assets as of September 30, 2024, were CNY 6,313,835,706.96, an increase of 10.64% from CNY 5,706,641,380.11 at the end of the previous year[2]. - The total liabilities rose to CNY 3,491,216,580.27 from CNY 3,065,634,670.18, indicating an increase of approximately 13.9%[18]. - The company's equity attributable to shareholders increased to CNY 2,765,101,770.66 from CNY 2,600,329,374.18, marking a growth of about 6.3%[18]. - The non-current liabilities totaled CNY 2,206,973,147.92, up from CNY 1,929,039,675.21, which is an increase of approximately 14.4%[18]. - The company's inventory increased to CNY 46,997,470.56 from CNY 38,267,638.01, reflecting a rise of about 22.7%[16]. Cash Flow - Cash and cash equivalents decreased by 31.68% to CNY 1,305,216,474.18 from CNY 1,910,533,847.37 at the end of 2023[7]. - The net cash flow from operating activities for the first nine months of 2024 was -269,044,714.79 CNY, a decrease of 1140.32% compared to -21,691,524.58 CNY in the same period of 2023, primarily due to increased tax payments and reduced cash receipts from sales[10]. - The net cash flow from financing activities decreased by 89.29% to 158,299,897.96 CNY in the first nine months of 2024, down from 1,477,399,303.28 CNY in the same period of 2023, mainly due to the previous year's convertible bond fundraising[10]. - The total cash and cash equivalents at the end of the period stood at 1,268,528,532.68 CNY, down from 1,887,644,501.64 CNY, representing a decrease of about 33%[23]. - The net cash flow from investment activities was -487,357,344.85 CNY, a decrease from -632,925,384.44 CNY in the previous period, indicating a reduction in cash outflow by approximately 23%[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 20,486, with the top ten shareholders holding significant stakes[11]. - Hubei Tianyuan Environmental Protection Group Co., Ltd. held 34.47% of shares, amounting to 204,007,168 shares, with 60,000,000 shares pledged[11]. - The company plans to release 56,625,892 shares from lock-up restrictions by June 29, 2025, which were initially restricted before the IPO[13]. - The company reported a total of 141,564,979 shares under lock-up at the beginning of the period, with 198,190,871 shares remaining under lock-up at the end of the period[13]. - The company has established consistent action relationships among major shareholders, indicating potential strategic alignment[12]. Expenses - The company reported a significant increase in financial expenses, which rose by 1003.47% to CNY 45,038,115.15 due to accrued convertible bond interest[9]. - Research and development expenses rose to ¥36,173,674.40, up from ¥34,360,729.78, indicating a 5.3% increase[19]. - Tax expenses increased to ¥40,945,871.88 from ¥35,731,616.75, representing a rise of 14.3%[20]. - Other income decreased to ¥3,410,971.34 from ¥4,956,809.76, showing a decline of 31.1%[19]. Audit Information - The company did not undergo an audit for the third quarter report[23].
天源环保(301127) - 2024 Q3 - 季度财报