德宏股份(603701) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥166,566,921.03, representing a year-on-year increase of 12.90%[2] - The net profit attributable to shareholders was -¥903,276.79, with a year-to-date net profit of ¥14,710,432.36, reflecting a 3.07% increase compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥985,858.60, showing a significant decrease of 87.95% year-on-year[6] - The basic and diluted earnings per share for the current period were both -¥0.0034, compared to ¥0.0563 for the same period last year, which is a decrease of 3.11%[3] - Total operating revenue for the first three quarters of 2024 reached ¥487,077,966.69, an increase of 10.65% compared to ¥440,226,756.60 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was ¥20,068,059.27, compared to ¥18,850,790.71 in 2023, representing an increase of 6.43%[17] - Operating profit for the first three quarters of 2024 was ¥22,050,420.12, up from ¥19,664,596.05 in the previous year, indicating a growth of 7.05%[17] - The company reported a total comprehensive income of ¥20,068,059.27 for the first three quarters of 2024, compared to ¥18,850,790.71 in 2023, showing an increase of 6.43%[18] - Basic earnings per share for the first three quarters of 2024 were ¥0.06, up from ¥0.05 in the same period of 2023[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,134,697,657.98, a slight decrease of 0.19% from the end of the previous year[3] - The total liabilities decreased to ¥336,758,685.94 in the latest report from ¥347,640,994.89 in the previous period[14] - The total equity attributable to shareholders increased to ¥770,530,269.09 from ¥762,353,884.26, reflecting a growth of 1.54%[14] - The company's total assets were reported at ¥1,134,697,657.98, slightly down from ¥1,136,845,955.20 in the previous period[14] - The total liabilities include short-term borrowings of RMB 11 million, with accounts payable at RMB 146.63 million[13] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥25,600,737.82[3] - In the first three quarters of 2024, the company generated cash inflows from operating activities amounting to ¥360,008,824.23, a significant increase of 62.2% compared to ¥222,061,216.43 in the same period of 2023[19] - The net cash flow from operating activities for the first three quarters of 2024 was ¥25,600,737.82, recovering from a negative cash flow of ¥53,561,976.41 in the first three quarters of 2023[21] - The company reported cash inflows from investment activities of ¥117,897,929.76 in the first three quarters of 2024, compared to ¥204,374,156.90 in the same period of 2023, indicating a decrease of 42.3%[21] - Cash outflows from investment activities totaled ¥110,423,151.11 in the first three quarters of 2024, down from ¥166,872,259.48 in the same period of 2023, reflecting a reduction of 33.8%[21] - The net cash flow from financing activities was ¥23,175,099.72 in the first three quarters of 2024, a recovery from a negative cash flow of ¥1,354,409.89 in the same period of 2023[21] - The company's cash and cash equivalents at the end of the third quarter of 2024 stood at ¥119,309,010.90, up from ¥57,754,225.74 at the end of the same period in 2023, marking an increase of 106.5%[21] - The company received cash from investment income amounting to ¥15,384,329.14 in the first three quarters of 2024, a substantial increase from ¥2,271,542.71 in the same period of 2023[21] Shareholder Information - The total number of common shareholders at the end of the reporting period was 12,919[9] - The largest shareholder, Ningbo Zhenhai Investment Co., Ltd., holds 78,780,000 shares, representing 30.14% of total shares[9] - The company has no changes in the top 10 shareholders participating in margin trading[11] Cost and Expenses - The increase in costs due to rising raw material prices was identified as a primary reason for the decline in net profit after deducting non-recurring gains and losses[6] - Research and development expenses increased to ¥14,529,593.95 in 2024 from ¥13,941,120.00 in 2023, marking a rise of 4.22%[15] - The company paid ¥55,617,281.10 to employees in the first three quarters of 2024, which is an increase from ¥50,877,304.49 in the same period of 2023, reflecting a growth of 9.3%[19] - The total cash outflow for operating activities in the first three quarters of 2024 was ¥334,408,086.41, compared to ¥275,623,192.84 in the same period of 2023, representing an increase of 21.2%[21] Inventory and Receivables - Accounts receivable decreased to approximately RMB 232.91 million from RMB 264.88 million, a decline of 12.1%[12] - The company’s inventory decreased slightly to approximately RMB 173.16 million from RMB 177.66 million, a reduction of 2.8%[12] - The increase in cash collections from accounts receivable contributed to the net cash flow from operating activities[8]