龙泉股份(002671) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥353,548,363.14, representing an increase of 81.81% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥62,906,894.35, a staggering increase of 21,879.68% year-over-year[2]. - The net profit after deducting non-recurring gains and losses was ¥62,888,707.98, up 721.02% from the previous year[2]. - Basic earnings per share rose to ¥0.1123, reflecting a 22,360.00% increase compared to the same period last year[2]. - Total operating revenue for Q3 2024 reached ¥772,586,485.22, an increase of 12.92% compared to ¥684,253,158.56 in Q3 2023[14]. - Net profit attributable to shareholders of the parent company was ¥79,434,771.82, significantly up from ¥2,938,755.99 in the same period last year[15]. - Operating profit for the period was ¥80,048,794.99, compared to ¥4,164,739.10 in the previous year, indicating a substantial improvement[14]. - Basic earnings per share increased to ¥0.1416 from ¥0.0052 year-over-year[15]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,838,841,599.62, marking a 9.01% increase from the end of the previous year[2]. - Total assets increased to ¥2,838,841,599.62, up from ¥2,604,160,022.91, reflecting a growth of 9.01%[13]. - Total liabilities rose to ¥1,160,950,930.37, compared to ¥999,901,500.44, marking a 16.09% increase[13]. - The total liabilities to equity ratio stands at approximately 69.06%, reflecting the company's leverage position[13]. - The total equity attributable to shareholders increased by 4.61% to ¥1,678,438,356.51 compared to the end of the previous year[2]. - The company's total equity attributable to shareholders of the parent company increased to ¥1,678,438,356.51 from ¥1,604,510,162.06, a growth of 4.61%[13]. Cash Flow - The company's cash flow from operating activities showed a decrease of 21.73% year-to-date, totaling ¥76,913,275.89[2]. - Operating cash inflow for the period reached ¥1,039,180,203.44, an increase from ¥803,112,484.64 in the previous period, representing a growth of approximately 29.4%[16]. - Net cash outflow from operating activities was ¥962,266,927.55, compared to ¥704,840,440.68 in the previous period, indicating an increase of about 36.5%[17]. - Net cash flow from operating activities was ¥76,913,275.89, down from ¥98,272,043.96, reflecting a decrease of approximately 21.7%[17]. - Cash inflow from financing activities totaled ¥771,903,185.50, up from ¥600,413,023.55, marking an increase of around 28.5%[17]. - Net cash flow from financing activities was ¥6,644,664.49, a significant recovery from a net outflow of ¥127,864,290.17 in the previous period[17]. - Cash and cash equivalents at the end of the period amounted to ¥183,004,537.84, compared to ¥117,482,421.23 at the end of the previous period, showing an increase of approximately 55.8%[17]. Investments and Expenses - Research and development expenses were ¥12,601,542.66, slightly up from ¥12,419,527.76, indicating continued investment in innovation[14]. - The company reported a total cost of sales of ¥693,237,940.91, which is an increase from ¥682,055,521.90 in the previous year[14]. - Cash outflow for investment activities was ¥32,210,893.47, down from ¥122,246,916.25, indicating a decrease of approximately 73.7%[17]. Other Financial Metrics - The company reported a significant increase in cash and cash equivalents by 82.45%, primarily due to increased bank financing and cash receipts[5]. - The company experienced a 34.51% increase in short-term borrowings, attributed to new bank loans taken during the period[5]. - The company’s net increase in cash and cash equivalents was 144.03%, driven by reduced cash payments for fixed asset purchases and increased cash from borrowings[7]. - Accounts receivable increased slightly to RMB 738.71 million from RMB 732.17 million, indicating a growth of about 0.7%[11]. - Inventory rose to RMB 286.09 million, compared to RMB 191.50 million at the beginning of the period, marking an increase of approximately 49.4%[11]. - The total current assets increased to RMB 1.78 billion from RMB 1.44 billion, reflecting a growth of about 23.1%[11]. - Long-term equity investments decreased to RMB 7.96 million from RMB 9.29 million, a decline of approximately 14.3%[11]. - Fixed assets decreased to RMB 605.26 million from RMB 694.57 million, representing a reduction of about 12.8%[11].