A-Zenith(603389)2024-10-29 09:38Financial Performance - The company's operating revenue for Q3 2024 was ¥49,387,180, representing an increase of 11.89% compared to the same period last year[2]. - The net profit attributable to shareholders for the same period was a loss of ¥25,283,972.15, with a year-to-date loss of ¥53,373,078.99[2]. - The basic earnings per share for Q3 2024 was -¥0.10, unchanged from the previous year[4]. - Total operating revenue for the first three quarters of 2024 reached ¥151,949,953.53, a slight increase of 1.46% compared to ¥149,851,739.74 in the same period of 2023[15]. - Net loss for the third quarter of 2024 was ¥55,352,255.61, an improvement from a net loss of ¥75,216,697.92 in the same quarter of 2023[17]. - Basic and diluted earnings per share for the third quarter were both -¥0.20, compared to -¥0.28 in the same period last year[17]. - The total comprehensive loss for the third quarter was ¥55,352,255.61, compared to a comprehensive loss of ¥75,216,697.92 in the same quarter of 2023[17]. Assets and Liabilities - The total assets at the end of the reporting period were ¥590,420,665.66, a decrease of 9.17% from the end of the previous year[4]. - The equity attributable to shareholders decreased by 14.17% year-on-year, amounting to ¥323,305,543.11[4]. - The company's total liabilities decreased to ¥283,040,429.94 from ¥287,465,318.38, a reduction of about 1.48%[14]. - The total equity attributable to shareholders of the parent company decreased to ¥323,305,543.11 from ¥376,678,622.10, a decline of approximately 14.15%[14]. - Non-current assets decreased from 435,426,314.37 to 391,957,544.96, a reduction of approximately 10%[12]. Cash Flow - The net cash flow from operating activities for Q3 2024 was -¥2,849,035.36, indicating a cash outflow[2]. - In the first three quarters of 2024, the cash inflow from operating activities was CNY 130,610,390.14, a decrease of 22.08% compared to CNY 167,620,335.06 in the same period of 2023[18]. - The net cash flow from operating activities for the first three quarters of 2024 was -CNY 29,177,017.14, slightly worse than -CNY 28,753,548.78 in 2023[19]. - Cash outflow from operating activities totaled CNY 159,787,407.28 in 2024, down 18.59% from CNY 196,373,883.84 in 2023[19]. - The ending cash and cash equivalents balance for 2024 was CNY 8,868,209.21, down from CNY 23,209,734.67 in 2023[19]. - The company reported a decrease in cash received from sales and services, totaling CNY 125,672,832.54 in 2024, down 21.43% from CNY 159,930,284.08 in 2023[18]. Expenses - The company reported a decrease in management and sales expenses by approximately ¥26,183,200 compared to the same period last year, contributing to a reduced net loss[7]. - Total operating costs decreased to ¥202,752,496.35 from ¥216,329,882.34, representing a reduction of approximately 6.25%[15]. - Research and development expenses for the first three quarters were ¥7,668,007.69, down from ¥9,405,576.46, indicating a decrease of about 18.43%[15]. - Sales expenses decreased significantly to ¥49,163,004.09 from ¥63,315,430.15, a reduction of approximately 22.29%[15]. - Employee compensation payments decreased to CNY 72,988,539.32 in 2024, a reduction of 12.14% from CNY 82,991,612.48 in 2023[19]. Shareholder Information - As of September 30, 2024, the total number of ordinary shareholders is 18,181, with the top ten shareholders holding 55.12% of the shares[9]. - Shanghai Yazhen Investment Co., Ltd. holds 144,832,413 shares, accounting for 55.12% of the total shares[10]. - The company has a repurchase account holding 1,285,380 shares, accounting for 0.49% of the total share capital[10]. - The actual controllers of the company hold a combined 100% of the shares in Yazhen Investment, indicating concentrated ownership[10]. Accounts Receivable and Inventory - The accounts receivable increased by 121.34% year-to-date, primarily due to an increase in receivables from bulk business[7]. - Accounts receivable increased significantly from 24,121,557.97 to 53,391,822.84, representing an increase of about 121.5%[12]. - Inventory decreased from 147,217,809.21 to 117,970,427.99, a reduction of approximately 19.8%[12]. Government Subsidies and Impairment Loss - The company received government subsidies amounting to ¥333,949.98 during the reporting period[5]. - The company reported a credit impairment loss of ¥6,042,431.90, which is an improvement from ¥7,721,603.08 in the previous year[16].