BOAMAX(002514)2024-10-30 11:43Financial Performance - Revenue for the third quarter was RMB 51.12 million, a decrease of 50.37% year-over-year[2] - Net profit attributable to shareholders for the third quarter was RMB -59.28 million, a decrease of 36.36% year-over-year[2] - Total revenue for the current period was 226,974,223.85 RMB, a significant decrease from the previous period's 493,284,505.83 RMB[15] - Net profit for the current period was -172,552,001.92 RMB, compared to -40,335,638.26 RMB in the previous period[16] - Basic earnings per share for the current period were -0.2295 RMB, compared to -0.0531 RMB in the previous period[17] - Total comprehensive income for the current period was -175,251,621.30 RMB, compared to -42,043,046.27 RMB in the previous period[16] Assets and Liabilities - Total assets as of the end of the third quarter were RMB 2.76 billion, a decrease of 4.57% compared to the end of the previous year[2] - Total assets at the end of the reporting period were 2,762,652,090.63 RMB, compared to 2,895,035,872.71 RMB at the beginning of the period[14] - Total liabilities at the end of the reporting period were 1,687,573,913.23 RMB, compared to 1,652,936,304.70 RMB at the beginning of the period[13] - Total owner's equity at the end of the reporting period was 1,075,078,177.40 RMB, compared to 1,242,099,568.01 RMB at the beginning of the period[14] Cash Flow - The company's operating cash flow for the first nine months of 2024 was RMB 43.16 million, an increase of 128.63% year-over-year[2] - Sales of goods and services received cash of 423,434,052.24 yuan, a decrease from 520,856,786.22 yuan in the previous period[18] - Tax refunds received increased to 19,896,412.34 yuan from 4,318,546.24 yuan in the previous period[18] - Net cash flow from operating activities was 43,161,103.87 yuan, compared to -150,755,656.81 yuan in the previous period[18] - Net cash flow from investing activities was -45,322,511.11 yuan, an improvement from -548,298,200.60 yuan in the previous period[19] - Net cash flow from financing activities was -42,515,263.92 yuan, compared to 556,710,729.41 yuan in the previous period[19] - Cash and cash equivalents at the end of the period were 762,432.07 yuan, down from 64,029,100.11 yuan at the beginning of the period[19] Investments and Projects - The company's investment in the Huaiyuan Solar Energy project led to a 34.41% increase in construction in progress, reaching RMB 678.54 million[4] Accounts Receivable and Payables - The company's accounts receivable financing decreased by 99.57% to RMB 109,415.82 due to the maturity of bank acceptance bills[4] - The company's other payables increased by 357.93% to RMB 90.59 million due to increased borrowing from major shareholders[4] - Accounts receivable decreased from 447,371,756.83 to 412,210,562.65 compared to the beginning of the period[11] Impairment and Losses - The company's credit impairment losses increased by 216.01% to RMB -12.52 million due to provisions for financial assets[5] - The company's asset impairment losses increased by 591.58% to RMB -38.85 million due to inventory write-downs[5] Foreign Exchange - The company's foreign exchange gains increased by 87.49% to RMB 509,884.10 due to exchange rate fluctuations[5] Shareholders and Equity - The total number of ordinary shareholders at the end of the reporting period is 79,026[6] - The largest shareholder, Jiangsu Jiedeng Intelligent Manufacturing Technology Co., Ltd., holds 26.90% of the shares, amounting to 193,701,714 shares[7] - The second-largest shareholder, Guangxun Co., Ltd., holds 11.67% of the shares, amounting to 84,000,000 shares[7] - The company's first employee stock ownership plan has been fully implemented and terminated, with 2,258,700 shares sold through the secondary market, accounting for 0.3137% of the company's total shares[10] Expenses - Research and development expenses for the current period were 21,823,424.04 RMB, compared to 27,793,271.04 RMB in the previous period[15] - Financial expenses for the current period were 27,324,058.74 RMB, compared to 22,736,383.59 RMB in the previous period[15] Monetary Funds and Inventory - The company's monetary funds decreased from 88,618,531.85 to 34,257,064.50 compared to the beginning of the period[11] - Inventory decreased from 326,303,962.16 to 276,002,698.24 compared to the beginning of the period[11] Borrowings - Short-term borrowings decreased from 505,654,533.60 to 440,647,959.12 compared to the beginning of the period[12] Reporting and Auditing - The company's third-quarter report was unaudited[20]