凯文教育(002659) - 2024 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2024 reached ¥73,232,065.81, an increase of 16.06% compared to the same period last year[2] - Net profit attributable to shareholders was -¥12,308,269.93, a decrease of 125.04% year-over-year[2] - Basic earnings per share were -¥0.021, a decline of 133.33% compared to the same period last year[2] - Net profit for Q3 2024 was a loss of CNY 20,595,584.31, compared to a loss of CNY 25,328,908.23 in Q3 2023, indicating an improvement in performance[12] - Total comprehensive income for the period attributable to the parent company was -22,241,691.41 CNY, compared to -25,274,611.78 CNY in the previous period[13] Cash Flow and Liquidity - Net cash flow from operating activities for the year-to-date was ¥7,266,720.71, down 89.66% compared to the previous year[2] - Cash inflow from operating activities totaled 191,237,111.67 CNY, down from 197,592,105.35 CNY year-over-year[15] - Cash outflow for purchasing goods and services increased to 91,272,740.05 CNY from 59,142,683.58 CNY in the previous period[15] - Cash and cash equivalents decreased to ¥265,377,322.93 from ¥395,696,734.71 at the beginning of the period[9] - Cash and cash equivalents at the end of the period were 265,183,332.93 CNY, down from 311,559,084.80 CNY at the end of the previous period[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,943,387,532.92, a decrease of 5.35% from the end of the previous year[2] - Total liabilities decreased to CNY 763,478,290.02 from CNY 909,330,808.04, representing a reduction of about 16.0%[11] - The company's total assets decreased to CNY 2,943,387,532.92 from CNY 3,109,891,235.11, a decline of approximately 5.4%[11] - The company’s long-term borrowings decreased from CNY 640,000,000.00 to CNY 540,000,000.00, a decline of 15.6%[11] Shareholder Information - The total number of common shareholders at the end of the reporting period is 31,473[6] - The largest shareholder, Baida Chu Holdings Group Co., Ltd., holds 28.84% of the shares, totaling 172,519,294 shares[6] - The company signed a share transfer agreement on September 20, 2024, transferring 88,784,808 shares (14.84% of total shares) to the controlling shareholder, Hai Guo Tou, at a price of ¥3.69 per share[8] - After the transfer, Hai Guo Tou will hold 95,749,608 shares, representing 16% of the total shares, becoming the largest shareholder[8] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending[7] Changes in Financial Metrics - Accounts receivable increased by ¥27,286,277.96, a growth of 514.47% due to increased education service fees[4] - Contract liabilities decreased by ¥34,764,841.87, a decline of 41.96% due to changes in payment timing for education service fees[4] - Other income decreased by ¥618,424.80, a drop of 84.85% due to reduced government subsidies[4] - The weighted average return on net assets was -0.56%, a decrease of 0.31% year-over-year[2] - The company’s equity attributable to shareholders decreased to CNY 2,178,635,194.91 from CNY 2,200,876,886.32, a decrease of approximately 1.0%[11] Investment Activities - Cash inflow from investment activities was 1,622,958,716.63 CNY, compared to 739,162,256.57 CNY in the previous period[15] - Net cash flow from investment activities was -2,390,723.46 CNY, worsening from -109,567,707.31 CNY in the previous period[15] Audit and Reporting - The company has not undergone an audit for the third quarter report[16]