BTH(600640)2024-10-28 09:56Financial Performance - The company's operating revenue for Q3 2024 was ¥441,020,161.69, a decrease of 29.63% compared to the same period last year[2]. - The net profit attributable to shareholders for the same period was ¥1,567,473.70, with a year-to-date net profit of ¥13,278,032.42, reflecting a decline of 53.42% year-on-year[2]. - The basic earnings per share for Q3 2024 was ¥0.002, a decrease of 53.35% compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2024 was ¥1,411,648,085.79, a decrease of approximately 18.6% compared to ¥1,734,318,016.20 in the same period of 2023[18]. - Net profit for the first three quarters of 2024 was ¥18,183,083.85, a decline of approximately 50.1% from ¥36,498,702.09 in the same period of 2023[21]. - Earnings per share for the first three quarters of 2024 were ¥0.0167, down from ¥0.0358 in 2023, indicating a decrease of about 53.3%[23]. - The company reported a gross profit margin of approximately 3.8% for the first three quarters of 2024, compared to a margin of 0.5% in the same period of 2023[20]. Cash Flow - The net cash flow from operating activities for Q3 2024 was ¥15,491,007.27, down 80.67% compared to the previous year[2]. - The company's cash flow from operating activities showed a significant improvement, with a net cash inflow of ¥30,330,453.27 for the first three quarters of 2024[20]. - In the first three quarters of 2024, the cash inflow from operating activities was RMB 3,123,027,664.64, a decrease of 22.2% compared to RMB 4,010,116,996.45 in the same period of 2023[24]. - The net cash flow from operating activities for the first three quarters of 2024 was RMB 163,984,805.71, down 44.7% from RMB 296,300,965.38 in the first three quarters of 2023[24]. - Cash inflow from investment activities totaled RMB 759,439,040.33, a decline of 29.1% from RMB 1,073,023,754.54 in the previous year[25]. - The net cash flow from investment activities was negative at RMB -850,469,596.78, compared to a positive RMB 11,490,300.53 in the same period of 2023[25]. - The total cash and cash equivalents at the end of the period stood at RMB 655,237,385.85, down from RMB 1,199,113,711.22 at the end of the previous year[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,315,121,836.69, a decrease of 2.12% from the end of the previous year[4]. - The company's total current liabilities decreased to CNY 828,179,384.95 from CNY 958,579,083.09, a decrease of about 13.6%[16]. - The company's total liabilities decreased to CNY 1,000,000,000 from CNY 1,200,000,000, indicating a reduction of 16.7%[16]. - The total liabilities as of the end of the reporting period were ¥852,679,618.22, a decrease from ¥985,289,792.14 in the previous year[20]. - The company reported a total of 1,475,749,891.03 in current assets, down from 2,612,480,860.10, a decrease of approximately 43.5%[15]. - The company’s total non-current assets increased to CNY 3,839,371,945.66 from CNY 2,817,858,617.06, an increase of about 36.2%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,589[9]. - The largest shareholder, China Telecom Group Co., Ltd., held 51.16% of the shares[9]. - The total equity attributable to shareholders of the parent company was ¥3,968,536,921.28, slightly up from ¥3,956,049,439.26 in the previous year[20]. Cost Management - The company focused on core products and services, aiming to improve quality and reduce costs during the reporting period[7]. - Total operating costs for the first three quarters of 2024 were ¥1,357,727,449.65, down from ¥1,736,782,092.48 in 2023, reflecting a reduction of about 21.8%[20]. - Research and development expenses for the first three quarters of 2024 were ¥49,383,887.13, down from ¥72,906,797.14 in 2023, reflecting a reduction of about 32.3%[20].