Libert(605167)2024-10-29 09:55Financial Performance - The company's operating revenue for Q3 2024 was ¥793,361,990.59, a decrease of 23.38% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥70,216,177.79, an increase of 1.10% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥63,778,843.05, a decrease of 5.84% compared to the same period last year[2]. - The basic earnings per share for Q3 2024 was ¥0.16, unchanged from the previous quarter[3]. - The net profit for the first three quarters of 2024 was CNY 245,362,050.06, compared to CNY 204,791,304.08 in the same period last year, indicating a year-on-year increase of 19.73%[15]. - The net profit for Q3 2024 was CNY 200,286,896.61, an increase of 27.7% compared to CNY 156,809,184.46 in Q3 2023[16]. - The total comprehensive income for Q3 2024 was CNY 200,566,911.50, compared to CNY 156,809,184.46 in Q3 2023, reflecting a growth of 27.9%[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,990,027,944.69, reflecting a 1.89% increase from the end of the previous year[3]. - As of September 30, 2024, the total current assets amounted to RMB 1,698,855,894.78, a slight decrease from RMB 1,704,458,708.87 at the end of 2023[11]. - The company reported a decrease in trading financial assets to RMB 63,091,028.76 from RMB 252,891,182.03, a decline of approximately 75.1%[11]. - Non-current liabilities decreased to CNY 101,746,433.98 from CNY 146,580,076.68, a reduction of 30.54%[13]. - The company's total equity increased to CNY 1,787,247,127.82, compared to CNY 1,631,214,998.45 in the previous year, reflecting a growth of 9.59%[13]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥80,240,604.57, a significant decrease of 65.18% compared to the previous year[6]. - Cash flow from operating activities for the first nine months of 2024 was CNY 80,240,604.57, a decrease of 65.2% from CNY 230,431,621.34 in the same period of 2023[18]. - The net cash flow from financing activities for the first nine months of 2024 was -CNY 75,287,750.91, worsening from -CNY 2,142,132.20 in the same period of 2023[19]. Shareholder Information - The total number of shareholders at the end of the reporting period was 21,221, with the largest shareholder holding 40.85% of the shares[8]. - The company has no significant changes in the participation of major shareholders in margin trading or securities lending[10]. - There are no significant related party transactions or unified actions among the top shareholders[9]. Research and Development - Research and development expenses increased significantly to CNY 65,369,286.61, compared to CNY 26,699,687.28 in the previous year, marking a growth of 144.66%[15]. Future Outlook - The company plans to continue investing in new technologies and market expansion strategies to drive future growth[15]. - The company has adopted new accounting standards starting in 2024, which may affect future financial reporting[20]. Inventory and Receivables - Accounts receivable rose significantly to RMB 403,753,825.33, up from RMB 333,009,605.20, indicating an increase of about 21.2%[11]. - Inventory decreased to RMB 157,196,087.47 from RMB 181,021,594.57, showing a reduction of about 13.2%[11]. - The company’s contract assets increased significantly to RMB 364,068,325.63 from RMB 175,975,979.67, marking an increase of approximately 106.6%[11]. Share Buyback - The company completed a share buyback of 5,154,000 shares, representing 1.15% of the total share capital, as of September 9, 2024[9]. Operating Costs - Total operating costs for the first three quarters of 2024 were CNY 2,342,119,447.26, up from CNY 2,181,066,395.55, reflecting a year-on-year increase of 7.37%[15].