Financial Performance - The company's revenue for Q3 2024 reached ¥505,940,473.17, representing a year-on-year increase of 21.03%[3] - Net profit attributable to shareholders decreased by 73.96% to ¥9,616,339.97 in Q3 2024, primarily due to rising raw material costs and international shipping fees[3] - The basic earnings per share for Q3 2024 was ¥0.1211, down 73.76% year-on-year[3] - The company's revenue for Q3 2024 reached ¥1,447,646,729.79, an increase of 24.36% compared to ¥1,164,046,981.21 in Q3 2023, primarily driven by sales growth[8] - Net profit attributable to shareholders of the parent company was ¥66,998,386.75, down 15.5% from ¥79,429,201.60 in the same period last year[21] - Operating profit decreased to ¥72,062,194.95, a decline of 25.5% from ¥96,723,354.68 in the previous year[21] - Basic earnings per share decreased to ¥0.8441 from ¥0.9929 in the same period last year[21] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥126,750,624.78, reflecting a significant decline of 330.07% compared to the previous year[3] - The net cash flow from operating activities was -¥126,750,624.78, a significant decline of 330.07% compared to -¥29,472,417.03 in the same period last year, attributed to increased sales scale and strategic inventory buildup[8] - Cash flow from operating activities was ¥1,309,583,257.13, an increase from ¥1,037,730,822.13 in the previous period[22] - Total cash inflow from operating activities amounted to ¥1,354,190,072.47, up from ¥1,091,017,664.75 in the prior period[23] - Cash outflow from operating activities increased to ¥1,480,940,697.25 from ¥1,120,490,081.78, reflecting higher operational costs[23] - The net cash flow from investing activities was ¥152,051,437.68, an increase from ¥85,207,415.46 in the previous period[23] - Cash inflow from investing activities totaled ¥1,433,589,833.60, down from ¥1,587,601,960.64 in the prior period[23] - Cash outflow from investing activities decreased to ¥1,281,538,395.92 from ¥1,502,394,545.18, indicating reduced capital expenditures[23] - The net cash flow from financing activities was -¥39,474,333.85, worsening from -¥28,396,024.19 in the previous period[23] - The total cash and cash equivalents at the end of the period were ¥125,732,354.40, down from ¥191,345,045.90 at the end of the previous period[24] Assets and Liabilities - The total assets as of September 30, 2024, amounted to ¥1,856,412,485.06, an increase of 3.01% from the end of the previous year[3] - The company's total assets increased to ¥1,856,412,485.06 from ¥1,802,100,301.09, reflecting a growth of approximately 3.0%[18] - Current assets decreased from ¥1,456,585,153.05 to ¥1,423,921,693.32, a decline of about 2.2%[17] - Inventory increased significantly from ¥238,825,280.45 to ¥313,390,322.86, representing a rise of approximately 31.2%[17] - The company's fixed assets rose from ¥199,947,731.84 to ¥378,679,930.33, marking an increase of about 89.8%[18] - The total liabilities increased from ¥264,744,001.60 to ¥324,781,251.97, reflecting a growth of approximately 22.7%[18] Strategic Initiatives - The company plans to continue focusing on its core business strategy, increasing investment in overseas sales and technology teams, and enhancing market expansion efforts in Q4 2024[4] - The company decided to suspend the Mexico production base project due to geopolitical uncertainties and strategic considerations[14] - The Malaysia production base project is progressing as planned and is expected to enter the completion acceptance phase in Q2 2025[15] - The company plans to utilize part of the raised funds for the construction of the Malaysia production base, aligning with its long-term strategic goals[15] Expenses and Financial Management - Operating costs rose to ¥1,261,967,703.66, up 25.85% from ¥1,002,762,407.90, mainly due to rising raw material prices and increased shipping costs[8] - Investment income decreased by 42.74% to ¥4,757,787.94 from ¥8,308,746.84, due to reduced idle funds available for financial management as construction of fundraising projects progressed[8] - The company reported a 60.95% increase in management expenses, totaling ¥43,809,669.03, compared to ¥27,220,004.85, driven by increased personnel costs and consulting service fees[8] - The company’s financial expenses improved by 43.65%, resulting in a gain of -¥7,493,186.65, compared to -¥13,298,632.61 in the previous year, due to favorable exchange rate movements[8] - The company’s income tax expense decreased by 70.85% to ¥5,021,080.88 from ¥17,224,430.33, primarily due to a reduction in the total profit of the parent company[8] Shareholder Information - The company’s major shareholders include Guangzhou Jujiao Enterprise Management Co., Ltd. with a 16.20% stake, and Zibo Fufeng Hongjin Investment Partnership with a 9.93% stake[9] - The total number of ordinary shareholders at the end of the reporting period was 6,723, with no preferred shareholders restoring voting rights[9] - As of September 30, 2024, the company repurchased a total of 851,300 shares, accounting for 1.06% of the total share capital, with a total transaction amount of ¥23,274,489.45[13]
聚胶股份(301283) - 2024 Q3 - 季度财报