HARSON(603958)2024-10-29 09:15Financial Performance - The company's operating revenue for Q3 2024 was ¥148,908,469.48, representing a decrease of 16.10% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥29,585,441.29, with a year-to-date net profit of -¥41,434,668.79[2]. - The basic and diluted earnings per share for Q3 2024 were both -¥0.135[3]. - Total operating revenue for the first three quarters of 2024 was CNY 567,611,811.98, a decrease of 0.5% compared to CNY 572,896,154.21 in the same period of 2023[13]. - Net profit for the third quarter of 2024 was a loss of CNY 34,655,081.26, compared to a profit of CNY 2,276,605.95 in the same quarter of 2023[14]. - The total comprehensive income for the first three quarters of 2024 was -¥34,655,081.26, compared to ¥2,276,605.95 in the same period of 2023[15]. Assets and Liabilities - The total assets at the end of the reporting period were ¥902,589,143.25, a decrease of 7.14% from the end of the previous year[3]. - The total assets decreased to CNY 902,589,143.25 from CNY 972,031,548.03, indicating a reduction in overall asset base[12]. - Total liabilities decreased to CNY 127,456,885.59 from CNY 158,438,209.11, showing a reduction in financial obligations[13]. - The company's long-term equity investments decreased to ¥15,009,305.64 from ¥16,786,199.22, a decline of approximately 10.6%[11]. - The equity attributable to shareholders decreased to CNY 761,961,402.71 from CNY 803,396,071.50, reflecting a decline in shareholder value[13]. Cash Flow - The net cash flow from operating activities year-to-date was -¥13,204,850.58, reflecting a decline of 130.67%[3]. - The net cash flow from operating activities for the first three quarters of 2024 was -¥13,204,850.58, compared to ¥43,047,761.83 in the previous year, indicating a significant decline[16]. - The company experienced a net cash outflow from investing activities of -¥195,340,240.79 in the first three quarters of 2024, compared to -¥52,056,525.05 in the previous year[16]. - The net cash outflow from financing activities for the first three quarters of 2024 was -¥12,441,733.54, compared to -¥36,290,701.43 in the same period of 2023[17]. - The company received cash inflows from investment activities totaling ¥310,118,406.99, a significant increase from ¥51,531,510.91 in the previous year[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,798[6]. - Basic and diluted earnings per share for the third quarter of 2024 were both -¥0.189, a decrease from ¥0.002 in the same quarter of 2023[15]. Strategic Initiatives - The company plans to enhance product sales efforts to improve average selling prices in the future[5]. - The company is focusing on market expansion and new product development as part of its strategic initiatives, although specific details were not provided in the report[14]. - The company plans to acquire 90% of Jiangsu Langxun Industrial Intelligent Equipment Co., Ltd. and 45% of Suzhou Langkes Precision Hardware Co., Ltd. through a share issuance and cash payment[8]. - The acquisition plan was adjusted to a cash purchase of 55.2% of Jiangsu Langxun and 45% of Suzhou Langkes, aiming to enhance the company's control over these entities[10]. - The company has terminated the original plan for issuing shares to purchase assets and shifted to a cash acquisition strategy[10]. Inventory and Receivables - The company reported inventory of ¥332,821,687.13, slightly up from ¥327,603,388.78, reflecting an increase of about 1.3%[11]. - The company's accounts receivable decreased to ¥40,089,099.44 from ¥58,774,541.28, a reduction of about 31.8%[11]. - The company's other receivables decreased to ¥24,615,174.19 from ¥30,561,000.45, a decline of approximately 19.5%[11]. - Total current assets amounted to ¥740,806,501.07, down from ¥798,105,842.61, indicating a decrease of approximately 7.2%[11].