Tianyong(603895)2024-10-28 07:55Financial Performance - The company's operating revenue for Q3 2024 was ¥75,258,178.98, a decrease of 53.19% compared to the same period last year[2] - The net profit attributable to shareholders was -¥24,233,707.70, reflecting a decline of 1008.51% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥24,418,235.54, down 1021.57% from the previous year[2] - Basic and diluted earnings per share were both -¥0.22, a decrease of 1008.51% year-over-year[4] - The net loss for the third quarter of 2024 was CNY 17,768,192.62, compared to a net loss of CNY 327,374.69 in the same quarter of 2023[18] - The net profit attributable to shareholders of the parent company for the first three quarters of 2024 was a loss of CNY 17,891,422.33, contrasting with a profit of CNY 8,216,069.65 in the same period of 2023[18] - The company reported a total comprehensive loss of CNY 17,768,192.62 for the third quarter of 2024, compared to a total comprehensive loss of CNY 327,374.69 in the same quarter of 2023[18] - The net cash flow from operating activities for the first three quarters of 2024 was ¥17,039,030.92, a significant improvement from a net outflow of ¥144,107,075.56 in the first three quarters of 2023[20] - The net profit for the first three quarters of 2024 was CNY 4,682,317.68, significantly down from CNY 29,561,768.20 in the previous year, reflecting a decline of 84.2%[25][26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,492,890,793.80, a slight increase of 0.22% from the end of the previous year[4] - Total liabilities as of September 30, 2024, are 1,022,026,700.11 RMB, up from 1,001,727,117.08 RMB[14] - The company's total assets amounted to CNY 1,604,931,008.25, down from CNY 1,717,017,139.66, reflecting a decrease of 6.6%[24] - Total liabilities decreased to CNY 965,253,695.20 from CNY 1,082,022,144.29, indicating a reduction of 10.8%[24] - Total equity attributable to shareholders of the parent company decreased to CNY 345,422,675.33 from CNY 363,314,097.66 in the previous year[17] Cash Flow - The net cash flow from financing activities was negative at -¥18,513,351.13 in Q3 2024, contrasting with a positive net flow of ¥273,821,592.34 in Q3 2023[21] - Cash outflows from operating activities totaled ¥543,230,458.60 in 2024, down 26.7% from ¥741,545,536.93 in 2023[20] - The company reported cash inflows from financing activities of ¥198,600,000.00 in Q3 2024, a decrease of 56.5% compared to ¥455,923,373.73 in Q3 2023[21] - The cash flow from operating activities generated a net cash inflow of CNY 31,865,721.84, compared to a net outflow of CNY 7,393,369.20 in the same period last year[27] - The net cash flow from investment activities was -11,228,871.31 CNY, compared to -112,242,175.34 CNY in the previous period[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,224[9] - The largest shareholder, Shanghai Mingjia Investment Co., Ltd., holds 64,163,400 shares, accounting for 59.37% of the total shares[10] Operational Metrics - The decrease in revenue was primarily due to a reduction in project acceptance during Q3, leading to a sales revenue drop of ¥85.5 million[7] - Research and development expenses for the first three quarters of 2024 were CNY 34,746,965.50, slightly down from CNY 35,637,430.40 in 2023[17] - The company's cash outflows for investing activities were ¥39,742.48 in Q3 2024, a significant reduction from ¥249,655,809.62 in Q3 2023, indicating a shift in investment strategy[21] - The company's total current assets as of September 30, 2024, amount to 1,293,662,813.80 RMB, an increase from 1,278,671,876.94 RMB at the end of 2023[13]