DNT(300245)2024-10-24 10:57Financial Performance - The company's revenue for Q3 2024 was ¥76,397,320.16, representing a 7.10% increase year-over-year[3] - The net profit attributable to shareholders was -¥3,242,479.87, a decline of 80.56% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥15,745,194.81, an increase of 18.42% year-over-year[3] - Total operating revenue for Q3 2024 was CNY 226,462,435.45, an increase of 0.3% compared to CNY 223,791,768.69 in Q3 2023[14] - The net profit for Q3 2024 was -17,277,589.54 CNY, compared to -42,997,646.81 CNY in Q3 2023, showing an improvement of approximately 60% year-over-year[15] - The total comprehensive income for Q3 2024 was -17,354,534.51 CNY, compared to -41,465,564.50 CNY in the same period last year, indicating a significant reduction in losses[16] - Basic and diluted earnings per share for Q3 2024 were both -0.05 CNY, an improvement from -0.13 CNY in Q3 2023[16] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥1,540,953,874.54, down 6.51% from the end of the previous year[3] - Total current assets decreased to 1,045,518,566.77 from 1,116,193,374.06, with cash and cash equivalents dropping to 277,805,864.12 from 761,665,166.19[11] - Long-term equity investments decreased to 30,936,139.71 from 50,156,074.44, indicating a reduction in long-term investment holdings[11] - Current liabilities decreased to CNY 197,699,870.69 from CNY 250,743,806.61, a reduction of approximately 21%[12] - The company's total liabilities were CNY 199,859,790.26, down from CNY 258,280,136.25, reflecting a decrease of about 22.5%[13] - The equity attributable to shareholders of the parent company was CNY 1,337,677,999.38, down from CNY 1,383,750,964.50, a decline of approximately 3.3%[13] Cash Flow - Cash flow from operating activities was -¥136,287,094.90, a decrease of 78.23% year-over-year[3] - Cash flow from operating activities for Q3 2024 was -136,287,094.90 CNY, compared to -76,468,988.78 CNY in Q3 2023, reflecting a worsening cash flow situation[17] - Cash inflow from investment activities was 770,309,492.74 CNY in Q3 2024, a substantial increase from 12,161,839.09 CNY in Q3 2023[17] - The net cash outflow from investment activities was -302,271,301.15 CNY in Q3 2024, compared to -173,917,316.63 CNY in Q3 2023, indicating increased investment expenditures[18] - The net cash flow from financing activities was -45,318,337.87 CNY in Q3 2024, compared to -2,670,903.03 CNY in Q3 2023, showing a significant increase in cash outflows[18] - The ending cash and cash equivalents balance for Q3 2024 was 274,555,669.94 CNY, down from 445,128,022.37 CNY in Q3 2023, indicating a decrease in liquidity[18] Investments and Expenses - The company's cash and cash equivalents decreased by 63.53% to ¥277,805,864.12 due to investment in financial products[6] - The company's inventory increased by 52.07% to ¥51,005,979.94, attributed to costs of goods that have been dispatched but not yet accepted[6] - The company reported a significant decrease in long-term equity investments by 38.32% to ¥30,936,139.71 due to a change in accounting treatment[7] - Financial expenses decreased by 61.02% to -2,942,765.52 from -7,548,663.35 due to investment income from financial products[8] - Investment income increased significantly by 561.56% to 26,660,048.23 from -5,776,072.75, primarily from dividends received from Tibet Lingdaxin Investment Management Co., Ltd.[8] - Research and development expenses were CNY 23,900,304.61, down 26.6% from CNY 32,516,146.77 in the previous year[14] Shareholder Information - The company has a total of 35,360 common shareholders at the end of the reporting period[9] - The largest shareholder, Shenzhen Yulong Capital Investment Management Co., Ltd., holds 8.38% of the shares, totaling 26,255,000 shares[9] Other Financial Metrics - The weighted average return on equity was -0.24%, an improvement of 0.93% compared to the previous year[3] - The company reported a significant reduction in tax expenses, with a 100% decrease in non-operating income tax to 1.69 from 6,722,267.00[8] - The company experienced a foreign exchange loss of -28,755.27 CNY in Q3 2024, compared to a gain of 83,053.42 CNY in Q3 2023, indicating adverse currency fluctuations[18]