Financial Performance - Operating revenue for the first nine months of 2024 was CNY 1,114,322,439.02, reflecting a growth of 12.30% from CNY 992,315,563.74 in the same period of 2023[5] - Net profit attributable to shareholders for the first nine months of 2024 was CNY 91,055,614.33, a 5.70% increase from CNY 86,141,356.04 year-on-year[5] - The company reported a total comprehensive income of CNY 76,649,164.77 for the first nine months of 2024, compared to CNY 63,387,773.17 in the previous year[27] - The basic and diluted earnings per share for the first nine months of 2024 were CNY 0.51, up from CNY 0.42 in the same period of 2023[27] - Total operating profit for the first nine months of 2024 was CNY 85,188,605.34, an increase from CNY 71,005,630.62 in the previous year[26] Assets and Liabilities - Total assets as of September 30, 2024, reached CNY 1,882,027,385.07, an increase of 14.98% compared to CNY 1,636,900,918.06 at the end of 2023[4] - Total liabilities reached CNY 791,390,337.57, compared to CNY 624,405,084.89, which is an increase of approximately 27%[18] - Current assets rose to CNY 1,630,620,619.39, compared to CNY 1,399,982,054.48, reflecting an increase of about 16.5%[16] - Cash and cash equivalents increased to CNY 83,762,716.07 from CNY 74,824,190.96, marking an increase of approximately 11.5%[16] - Accounts receivable grew to CNY 824,456,006.16, up from CNY 715,099,632.30, indicating a rise of around 15.3%[16] Cash Flow - The company reported a net cash flow from operating activities of -CNY 87,891,853.03 for the first nine months of 2024, worsening by 8.03% compared to -CNY 81,360,565.57 in the previous year[5] - The investment activities resulted in a net cash outflow of CNY -20,329,933.80, compared to CNY -29,425,459.20 in the first nine months of 2023[29] - Cash received from sales of goods and services was ¥729,141,309.92, up from ¥631,538,200.43, reflecting a growth in revenue generation[30] - Cash paid for purchasing goods and services increased to ¥772,933,350.53 from ¥498,937,969.53, indicating higher operational costs[30] - Cash inflow from financing activities was ¥163,238,495.61, significantly higher than ¥68,795,626.47 in the previous year, reflecting improved borrowing capabilities[31] Shareholder Information - The total number of unrestricted shares is 93,500,819, accounting for 62.06% of the total share capital[9] - The number of shares held by the largest shareholder, Zhao Dongming, is 59,000,667, representing 39.16% of the total shares[10] - The company has a total share capital of 150,668,000 shares, with 5,659 shareholders holding common stock[9] Other Financial Metrics - The gross profit margin decreased, with the weighted average return on net assets based on net profit attributable to shareholders at 8.64%, down from 9.06% in the previous year[5] - Research and development expenses increased to CNY 27,591,252.96, representing an 18.5% rise from CNY 23,328,200.84 in the same period last year[26] - The company incurred financial expenses of CNY 979,812.56, significantly higher than CNY 236,952.98 in the same period last year[26] - Non-recurring gains and losses for the period totaled CNY 2,610,624.13 after tax, reflecting various adjustments and government subsidies[8] Investments and Projects - The company’s construction in progress surged by 493.91% to CNY 15,289,951.77, attributed to investments in the "New Materials Digital Innovation Factory Technology Renovation Project"[7] - The company’s prepayments increased significantly by 182.68% to CNY 74,842,849.42, primarily due to increased raw material procurement[7] Legal and Compliance - The company has no significant litigation or arbitration matters during the reporting period[14] - There are no related party transactions or other major related transactions reported[13] - The company has fulfilled all disclosed commitments without any violations[14] - The company has no significant shareholder pledges or judicial freezes on shares[11]
禾昌聚合(832089) - 2024 Q3 - 季度财报