MZT(688355)2024-10-29 11:37Financial Performance - The company's operating revenue for Q3 2024 reached ¥139,427,828.10, representing a year-over-year increase of 22.07%[2] - Net profit attributable to shareholders for Q3 2024 was ¥10,247,953.69, a significant increase of 203.49% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥4,325,252.03, up 126.74% year-over-year[2] - The company reported a significant increase in sales revenue due to increased equipment sales, contributing to the overall growth in net profit[6] - Total operating revenue for the first three quarters of 2024 reached ¥435,110,770.32, a 25.5% increase from ¥346,700,599.26 in the same period of 2023[15] - Net profit for the third quarter of 2024 was ¥52,915,565.97, compared to a net loss of ¥502,253.61 in the same quarter of 2023[16] - The company achieved a total comprehensive income of ¥52,904,977.40, compared to a loss of ¥1,334,564.04 in the previous year[17] Cash Flow and Investments - The net cash flow from operating activities for Q3 2024 was ¥58,570,491.10, an increase of 21.43% compared to the previous year[3] - In the first three quarters of 2024, the cash inflow from operating activities was CNY 495,138,916.56, a decrease of 6.2% compared to CNY 527,942,429.00 in the same period of 2023[18] - The net cash flow from operating activities for the first three quarters of 2024 was CNY 73,589,401.55, down 44.0% from CNY 131,389,059.08 in 2023[19] - The cash inflow from investment activities was CNY 956,059,033.75, a decrease of 21.2% compared to CNY 1,213,651,050.75 in the previous year[19] - The net cash flow from investment activities was -CNY 70,523,845.11, worsening from -CNY 53,540,739.93 in the same period last year[19] - The cash inflow from financing activities totaled CNY 108,692,946.04, down 13.9% from CNY 126,462,810.26 in 2023[19] - The net cash flow from financing activities was -CNY 79,415,974.37, an improvement from -CNY 112,206,013.91 in the previous year[19] - The ending balance of cash and cash equivalents was CNY 103,079,847.00, compared to CNY 94,590,346.71 at the end of the same period last year, reflecting an increase of 8.3%[20] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥1,330,538,689.86, a decrease of 4.01% from the end of the previous year[3] - The company's cash and cash equivalents decreased to CNY 104.96 million from CNY 188.96 million, representing a decline of approximately 44.39%[12] - Trade receivables decreased to CNY 111.39 million from CNY 142.78 million, a reduction of about 22.00%[12] - Inventory increased to CNY 190.85 million from CNY 179.96 million, showing an increase of approximately 6.00%[12] - Short-term borrowings decreased to CNY 48.11 million from CNY 73.27 million, a decrease of about 34.31%[13] - The company's accounts payable decreased to CNY 36.94 million from CNY 41.27 million, reflecting a decline of approximately 10.00%[13] - Contract liabilities decreased to CNY 94.24 million from CNY 106.44 million, a reduction of about 11.48%[13] - The total liabilities decreased to ¥274,131,642.70 from ¥326,889,800.38, indicating a reduction of approximately 16%[15] - The company's total equity stood at ¥1,056,407,047.16, a slight decrease from ¥1,059,231,753.16 year-over-year[15] Research and Development - Research and development expenses totaled ¥18,716,080.56 in Q3 2024, representing 13.42% of operating revenue, an increase of 0.49 percentage points from the previous year[3] - Research and development expenses for the first three quarters of 2024 were ¥42,848,515.96, slightly up from ¥42,444,574.03 in the previous year[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10, with the largest shareholder holding 34.24% of the shares[8] - There are no significant changes in the shareholding structure or related party transactions reported for this quarter[10] Future Outlook - The company plans to continue focusing on market expansion and new product development to sustain growth momentum[16] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[11]