QJCT(600706)2024-10-28 11:27Financial Performance - The company's operating revenue for Q3 2024 was ¥294,179,703.49, a decrease of 31.98% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥6,191,446.06, down 87.47% year-on-year, while the net profit excluding non-recurring items was ¥4,983,243.96, a decrease of 86.67%[2]. - The basic and diluted earnings per share for Q3 2024 were both ¥0.02, a reduction of 0.17 percentage points compared to the previous year[2]. - The weighted average return on net assets was 1.06% for Q3 2024, down 3.88 percentage points year-on-year[2]. - The net profit for Q3 2024 was -188,426,637.89 CNY, compared to a profit of 57,057,046.73 CNY in Q3 2023, indicating a significant decline[21]. - The net profit attributable to shareholders of the parent company was -180,822,804.78 CNY, down from 62,327,843.27 CNY year-over-year[21]. - Operating profit for the first three quarters of 2024 was a loss of CNY 219,915,951.64, compared to a profit of CNY 64,819,273.28 in the same period of 2023[20]. - The company's net loss for the first three quarters of 2024 was CNY 219,594,866.41, compared to a profit of CNY 66,221,119.65 in the same period of 2023[20]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥3,345,457,142.70, representing an 8.09% decline from the end of the previous year[3]. - The total liabilities decreased to CNY 2,714,652,364.53 in Q3 2024 from CNY 2,820,105,126.84 in Q3 2023, a reduction of about 3.7%[18]. - The company's deferred tax assets increased to CNY 152,923,820.54 in Q3 2024 from CNY 114,621,820.79 in Q3 2023, indicating potential future tax benefits[18]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥143,023,318.69, reflecting a decrease of 6.45% compared to the previous year[2]. - Cash inflow from operating activities for the first three quarters of 2024 was 1,510,124,920.76 CNY, an increase from 1,253,682,472.85 CNY in the same period of 2023[23]. - Cash outflow from operating activities totaled 1,367,101,602.07 CNY, compared to 1,100,795,472.26 CNY in the previous year[23]. - The net cash flow from investing activities was -31,484,674.45 CNY for the first three quarters of 2024, an improvement from -56,740,419.67 CNY in the same period of 2023[24]. - The ending cash and cash equivalents balance as of Q3 2024 was 97,479,962.71 CNY, down from 171,920,624.05 CNY in the previous year[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,392, with the largest shareholder holding 44.90% of the shares[7]. - The company reported a total of 114,511,121 shares held by its largest shareholder, Xi'an Qujiang Tourism Investment (Group) Co., Ltd.[9]. - The top ten unrestricted shareholders collectively hold 120,000,000 shares, with the largest institutional investor being China Bank Co., Ltd. - Fortune CSI Tourism Theme ETF, holding 2,796,401 shares[9]. - The company has not disclosed any known relationships or concerted actions among its top shareholders[9]. - The report highlights that there were no changes in the top ten shareholders due to securities lending or borrowing activities[10]. Operational Matters - The company announced a plan to publicly transfer 40% equity of its wholly-owned subsidiary, Xi'an Qujiang Tangyi Investment Co., Ltd., along with a debt of 167 million RMB[10]. - The company indicated a potential performance loss for the first half of 2024, as per the half-year performance forecast announcement[10]. - The company is actively monitoring the judicial disposal of shares held by its controlling shareholder[10]. - The company held its seventh board meeting on July 3, 2024, to discuss various operational matters[10]. - The board of directors has undergone adjustments, with new committee members appointed to enhance governance[13]. Environmental and Legal Compliance - The company has not faced any administrative penalties or investigations related to cultural relic protection laws[15]. - The company has not recognized any provisions for potential liabilities related to ongoing litigation, indicating a positive outlook on the legal matter[15]. - The company is committed to environmental protection and does not fall under the category of key pollutant discharge units[15]. Cost Management - The company is focusing on cost control measures to improve profitability in the upcoming quarters[20].