VITI(603023)2024-10-25 07:59Financial Performance - The company's operating revenue for Q3 2024 was ¥10,753,608.33, a decrease of 18.72% compared to the same period last year[1]. - The net profit attributable to shareholders for Q3 2024 was -¥1,424,584.71, while the net profit for the year-to-date period increased by 93.17% to ¥3,548,316.41[1][2]. - The basic and diluted earnings per share for Q3 2024 were both -¥0.003, reflecting a decrease due to lower net profit[2]. - Total operating revenue for the first three quarters of 2024 reached CNY 46,210,614.87, an increase of 2.75% compared to CNY 44,975,341.98 in the same period of 2023[16]. - Net profit for the third quarter of 2024 was CNY 3,548,311.76, a significant recovery from a net loss of CNY 1,128,184.30 in the same quarter of 2023[17]. - The net profit for the first three quarters of 2024 was ¥3,550,085.19, a significant recovery from a net loss of ¥879,726.98 in the first three quarters of 2023[24]. - The company reported a total comprehensive income of ¥3,550,085.19 for the first three quarters of 2024, compared to a total comprehensive loss of ¥879,726.98 in the same period of 2023[25]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥787,384,243.69, a slight decrease of 0.43% from the end of the previous year[2]. - Total assets as of the end of the third quarter of 2024 were CNY 787,384,243.69, slightly down from CNY 790,820,033.59 at the end of 2023[15]. - The total assets amounted to ¥787,609,032.18, a slight decrease from ¥790,528,523.53 at the end of the previous period[23]. - Total liabilities decreased to CNY 11,407,539.51 from CNY 16,705,856.66, indicating a reduction of approximately 31.8%[15]. - The total liabilities decreased to CNY 11,400,278.31 from CNY 16,184,070.34 in the previous year[22]. Cash Flow - Cash flow from operating activities for the year-to-date period was ¥13,552,986.67, down 24.81% year-on-year[1]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY 13,552,986.67, a decrease of 25.8% compared to CNY 18,024,715.76 in the same period of 2023[20]. - The company's cash flow from operating activities generated a net amount of ¥14,008,639.10, down from ¥29,043,315.90 in the same period last year[26]. - Total cash inflow from operating activities decreased to CNY 52,051,114.71, down 38.0% from CNY 84,061,640.01 in the previous year[20]. - Cash outflow from operating activities totaled CNY 38,498,128.04, a reduction of 41.8% compared to CNY 66,036,924.25 in 2023[20]. Shareholder Information - The company had a total of 21,909 common shareholders at the end of the reporting period[7]. - The largest shareholder, Chen Zhenhua, held 24.27% of the shares, totaling 137,524,155 shares[7][8]. Government Subsidies and Non-Recurring Gains - The company reported non-recurring gains of ¥30,195.01 for Q3 2024, with government subsidies contributing ¥50,000.01[3]. - The company received various government subsidies totaling ¥1,255,984.54, which are closely related to its business operations[4]. Research and Development - Research and development expenses for the third quarter were CNY 8,478,359.32, down from CNY 11,014,056.34 in the same period last year, reflecting a strategic focus on cost management[17]. - Research and development expenses for the first three quarters of 2024 were ¥8,478,359.32, a decrease of 12.1% from ¥9,646,108.51 in the previous year[24]. Share Repurchase - As of September 30, 2024, the company has repurchased a total of 850,300 shares, accounting for 0.15% of the total share capital, with a maximum purchase price of RMB 2.05 per share and a minimum of RMB 1.90 per share, totaling RMB 1,685,500 (excluding transaction fees) spent on repurchases[12]. - The company plans to use between RMB 5 million and RMB 10 million of its own funds for share repurchase, with the repurchase period set for six months from the approval date[11].