XGD(300130)2024-10-25 08:43Financial Performance - The company's revenue for Q3 2024 was ¥867,740,456.38, representing a decrease of 7.17% compared to the same period last year[2]. - The net profit attributable to shareholders was a loss of ¥151,482,032.36, a decline of 169.00% year-over-year[2]. - The net profit excluding non-recurring items was ¥145,800,565.89, down 30.87% from the previous year[2]. - The total profit for Q3 2024 was approximately CNY 265.87 million, a decrease of 53.18% compared to CNY 567.87 million in the same period last year[6]. - Net profit for Q3 2024 was approximately CNY 294.99 million, down 46.55% from CNY 551.85 million year-over-year[6]. - The net profit for Q3 2024 was CNY 294,990,272.48, a decrease of 46.5% compared to CNY 551,851,899.40 in Q3 2023[18]. - Basic and diluted earnings per share for Q3 2024 were both CNY 0.53, down from CNY 1.06 in the same period last year[19]. Assets and Liabilities - Total assets increased to ¥6,193,971,130.62, reflecting a growth of 13.26% compared to the end of the previous year[2]. - Total current assets increased to 5,030,056,960.01 CNY from 4,402,570,085.97 CNY, reflecting a growth of approximately 14.2%[14]. - Total liabilities rose to CNY 1,915,087,865.65, compared to CNY 1,163,281,016.49 in the previous year, indicating a significant increase of 64.7%[16]. - The company's goodwill remained stable at CNY 695,383,940.08, unchanged from the previous period[16]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥291,261,036.52, down 21.88% compared to the same period last year[2]. - The net cash flow from investment activities was negative CNY 637.52 million, a significant decline of 1781.89% compared to negative CNY 33.88 million in the previous year[6]. - The net cash flow from financing activities was negative CNY 100.26 million, a decrease of 121.97% from CNY 456.26 million in the same period last year[6]. - Cash flow from operating activities for Q3 2024 was CNY 291,261,036.52, down from CNY 372,828,025.07 in Q3 2023[20]. - The net cash flow from investing activities for Q3 2024 was negative CNY 637,517,353.35, compared to negative CNY 33,876,379.81 in Q3 2023[21]. - The net cash flow from financing activities for Q3 2024 was negative CNY 100,262,053.98, a significant decrease from positive CNY 456,258,024.08 in Q3 2023[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,368[7]. - The largest shareholder, Liu Xiang, holds 24.61% of the shares, amounting to 137,946,987 shares[7]. - Liu Ya, another significant shareholder, holds 2.96% of the shares, with 16,594,994 shares pledged[7]. Operational Metrics - Total operating revenue for Q3 2024 was CNY 2,444,991,728.97, a decrease of 15.5% compared to CNY 2,894,537,853.64 in the same period last year[17]. - Total operating costs decreased to CNY 1,932,411,696.80, down 18.7% from CNY 2,379,794,441.14 year-over-year[17]. - Research and development expenses for the quarter were CNY 197,872,386.10, a reduction of 7% compared to CNY 212,648,329.10 in the previous year[17]. - The company reported a decrease in sales expenses to CNY 136,518,422.49, down from CNY 184,226,468.13 year-over-year[17]. Other Financial Highlights - The company reported a significant increase in other receivables, which rose by 105.00% to ¥126,602,964.07 due to increased prepaid vouchers[5]. - The company experienced a 250.17% increase in lease liabilities, amounting to ¥39,295,947.83, attributed to new office lease agreements[5]. - The company recorded a 128.28% increase in investment income, totaling ¥37,397,085.80, due to higher profits from associated companies[5]. - The company reported a substantial increase in operating expenses, with a rise of 117,932.10% in other operating expenses, primarily due to tax adjustments by a subsidiary[5]. - The impact of exchange rate fluctuations on cash and cash equivalents was negative CNY 6.30 million, a decline of 232.16% compared to a positive impact of CNY 4.77 million in the previous year[6]. - The company confirmed a deferred tax expense of CNY 29.12 million, a significant increase of 281.85% compared to CNY 16.01 million in the previous year[6]. Strategic Developments - The company relocated its headquarters to a new address in Nanshan District, Shenzhen, on July 15, 2024[12]. - The company revised its stock option incentive plan to better implement its equity incentive strategy[12]. - The company did not report any new product developments or market expansion strategies during the conference call[8]. - The company is focusing on market expansion and new product development as part of its future strategy[17].