XUELONG(603949)2024-10-28 09:08Financial Performance - The company's operating revenue for Q3 2024 was ¥75,415,719.03, representing a decrease of 15.83% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥11,814,761.84, down 34.11% year-over-year[2]. - The net profit after deducting non-recurring gains and losses was ¥6,082,494.04, a decline of 46.53% compared to the previous year[2]. - Basic and diluted earnings per share were both ¥0.05, reflecting a decrease of 37.50% from the same quarter last year[3]. - The weighted average return on equity decreased by 0.61 percentage points to 1.20%[3]. - The decline in revenue and profits was primarily attributed to a decrease in operating income during the reporting period[6]. - The net profit for Q3 2024 was CNY 44,574,417.25, a decrease of 15.9% compared to CNY 53,043,062.96 in Q3 2023[16]. - The total profit for Q3 2024 was CNY 50,931,980.68, down from CNY 59,463,390.08 in the same period last year, reflecting a decline of 14.9%[16]. - Operating profit for Q3 2024 was CNY 50,378,567.53, compared to CNY 59,123,149.68 in Q3 2023, indicating a decrease of 15%[16]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,077,508,116.95, a decrease of 2.83% from the end of the previous year[3]. - The equity attributable to shareholders was ¥1,004,300,897.89, down 1.80% compared to the end of last year[3]. - Total current assets decreased to CNY 833,192,101.50 from CNY 868,053,224.86, a decline of 4.0%[12]. - Total non-current assets increased slightly to CNY 244,316,015.45 from CNY 240,835,821.09, an increase of 1.9%[12]. - Total liabilities decreased to CNY 73,207,219.06 from CNY 86,150,647.95, a reduction of 15.1%[13]. - Total equity attributable to shareholders decreased to CNY 1,004,300,897.89 from CNY 1,022,738,398.00, a decline of 1.8%[14]. Cash Flow - The company reported a cash flow from operating activities of ¥42,792,185.78, which decreased by 29.69% year-over-year[2]. - Cash flow from operating activities for the first three quarters of 2024 was CNY 42,792,185.78, down from CNY 60,862,903.90 in the same period of 2023, a decline of 29.7%[19]. - The cash flow from investment activities for the first three quarters of 2024 showed a net outflow of CNY 14,881,089.08, compared to a net outflow of CNY 28,954,178.52 in the same period of 2023[19]. - The company’s total cash outflow from operating activities in Q3 2024 was CNY 185,812,197.59, compared to CNY 178,716,088.30 in Q3 2023, indicating an increase of 3.1%[19]. - The net cash flow from financing activities was -62,459,009.46 in the previous year, indicating a decline of approximately 19.5%[20]. - The net increase in cash and cash equivalents was -30,552,883.07 year-over-year, reflecting a worsening cash position[20]. - The ending balance of cash and cash equivalents was 61,373,821.94 in the previous year, representing a decline of about 30.6%[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,661[8]. - The largest shareholder, Hong Kong Green Source Holdings Limited, holds 41,848,100 shares, representing 19.82% of total shares[8]. - The second largest shareholder, Ningbo Versailles Investment Holdings Limited, holds 31,471,440 shares, representing 14.91% of total shares[8]. - The top ten shareholders collectively hold a significant portion of the company's shares, indicating concentrated ownership[8]. - The company has no preferred shareholders with restored voting rights at the end of the reporting period[8]. - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[10]. - There are no significant related party transactions disclosed among the top shareholders[9]. Operating Costs and Expenses - Total operating revenue for the first three quarters of 2024 was CNY 268,083,733.07, a decrease of 4.9% compared to CNY 280,535,929.54 in the same period of 2023[15]. - Total operating costs for the first three quarters of 2024 were CNY 235,052,532.64, down from CNY 240,474,718.47 in 2023, reflecting a reduction of 2.5%[15]. - Research and development expenses increased to CNY 16,921,142.08 in 2024 from CNY 15,439,106.53 in 2023, representing an increase of 9.6%[15]. - Accounts receivable decreased to CNY 111,851,617.26 from CNY 128,190,738.50, a decline of 12.7%[12]. - Inventory decreased to CNY 77,341,139.33 from CNY 86,005,277.88, a reduction of 10.1%[12]. - The company reported a decrease in other income to CNY 652,120.61 in Q3 2024 from CNY 397,619.70 in Q3 2023[16]. - The company experienced a credit impairment loss of CNY 668,203.16 in Q3 2024, compared to a gain of CNY 961,414.24 in Q3 2023[16].