Feilong shares released the third quarter report of 2024.
In the first three quarters of 2024, Feilong Co., Ltd. achieved operating income of 3.496 billion yuan, an increase of 14.05% year-on-year; the net profit was 265 million yuan, an increase of 20.83% year-on-year; The net profit attributable to the parent company was 267 million yuan, an increase of 18.74% year-on-year.
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Revenue increased by 14.05% year-on-year, and net profit attributable to the parent company increased by 18.74% year-on-year
In the first three quarters of 2024, the total operating income of Feilong Co., Ltd. was 3.496 billion yuan, an increase of 14.05% year-on-year; the net profit attributable to the parent company was 267 million yuan, an increase of 18.74% year-on-year; The net profit attributable to the parent company after deducting non-profits was 260 million yuan, an increase of 21.09% year-on-year.
In the first three quarters of 2024, Feilong's R&D expenses were 215 million yuan, an increase of 15.38% year-on-year. The company's R&D expenses accounted for 6.15% of revenue, an increase of 0.07 percentage points year-on-year.
In a single quarter, Feilong achieved revenue of 1.129 billion yuan in the third quarter, up 0.21% month-on-month and 1.77% year-on-year. From the perspective of profitability, the company achieved a net profit attributable to the parent company of 83 million yuan in the third quarter, an increase of 27.83% from the previous quarter and a year-on-year increase of 0.6%.
Operating cash flow increased by 0.19% year-on-year
According to the third quarter report of 2024, the company's net operating cash flow during the period was 479 million yuan, an increase of 0.19% from 478 million yuan in the same period last year.
Feilong's net operating cash flow in the third quarter was 110 million yuan, down 6.26% year-on-year.
The inventory was 726 million yuan, and the total debt decreased by 2.17% year-on-year
At the end of the third quarter of 2024, the total liabilities of Feilong shares were 1.852 billion yuan, a year-on-year decrease of 2.17%.
The asset-liability ratio of Feilong shares was 35.85%, compared with 37.29% in the same period last year, a year-on-year decrease of 1.44 percentage points.
As of the end of the third quarter of 2024, the company's inventory was 726 million yuan, a year-on-year decrease of 22.72%.
(Article serial number: 1845783066270896128/EN.)
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