HBFX(000926)2024-10-30 11:02Financial Performance - The company's operating revenue for Q3 2024 was ¥607,192,970.88, a decrease of 41.12% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥21,579,401.06, representing a decline of 459.74% year-over-year[2]. - The net profit after deducting non-recurring gains and losses was -¥18,647,594.39, down 473.42% from the previous year[2]. - The weighted average return on net assets was -0.18%, a decrease of 0.23% compared to the previous year[2]. - The basic earnings per share were -¥0.0135, down 314.29% compared to the same period last year[2]. - Total operating revenue for the third quarter was ¥2,280,766,830.47, a decrease of 48.4% compared to ¥4,437,036,336.35 in the same period last year[12]. - Net profit attributable to shareholders of the parent company for Q3 2024 was CNY 16,630,343.47, down from CNY 80,773,505.41 in Q3 2023, reflecting a decrease of about 79.5%[14]. - The company reported a total comprehensive income of CNY 15,580,588.65 for Q3 2024, compared to CNY 22,987,585.64 in Q3 2023, indicating a decline of approximately 32.2%[14]. - The company reported a net profit of CNY 35,875,448.43 for Q3 2024, down from CNY 138,971,505.29 in the same period last year, a decline of approximately 74.1%[13]. Assets and Liabilities - The total assets at the end of the reporting period were ¥35,912,608,967.15, a decrease of 2.71% from the end of the previous year[2]. - Total current assets decreased to ¥25,577,325,933.26 from ¥28,246,213,726.86, a reduction of 9.4%[10]. - Total liabilities decreased to ¥22,889,030,188.83 from ¥23,849,467,947.33, a decline of 4.0%[11]. - The company's short-term borrowings decreased to ¥849,156,030.38 from ¥900,161,955.32, a decrease of 5.8%[11]. - Long-term borrowings increased to ¥3,146,480,000.00 from ¥2,720,580,000.00, an increase of 15.7%[11]. - The company's total equity attributable to shareholders was ¥12,071,674,190.45, a slight decrease of 0.19% from the previous year[2]. - The company's total equity decreased to ¥13,023,578,778.32 from ¥13,064,550,974.26, a reduction of 0.3%[11]. Cash Flow - The cash flow from operating activities was -¥320,451,591.53, a decline of 124.28% year-over-year[2]. - The net cash flow from operating activities was -320,451,591.53 CNY, a significant decrease compared to 1,319,616,395.83 CNY in the previous year, indicating a decline in operational performance[16]. - The total cash inflow from operating activities was 2,853,817,270.84 CNY, down from 5,258,557,941.29 CNY, reflecting a decrease in operational cash generation[16]. - The company reported a net cash flow from investment activities of -21,830,498.76 CNY, worsening from -3,441,015.76 CNY, reflecting challenges in investment performance[16]. - The cash outflow for employee payments was 189,718,254.46 CNY, a decrease from 218,057,008.56 CNY, suggesting cost-cutting measures in personnel expenses[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,360, with the top ten shareholders holding a significant portion of the shares[6]. - Fuxing Group Holdings Co., Ltd. held 20.56% of the shares, amounting to 327,500,107 shares, with 115,467,839 shares pledged[6]. - The total number of shares held by the top ten shareholders participating in margin trading included 16,073,700 shares held by Wen Shaoru and 9,811,680 shares held by Feng Chun[7]. Share Repurchase and Financing Activities - The company completed a share repurchase plan, acquiring 11,602,772 shares, representing 0.73% of the total share capital, with a total transaction amount of 30,002,002.30 RMB[8]. - The maximum and minimum transaction prices during the repurchase were 3.40 RMB and 2.09 RMB per share, respectively[8]. - The company plans to use the repurchased shares for employee stock ownership plans or stock incentive plans, with a repurchase fund of no less than 30 million RMB and no more than 40 million RMB[8]. - The company received government subsidies amounting to ¥7,429,096.24 during the reporting period[3]. - The net cash flow from financing activities was -531,731,333.42 RMB, a decrease of 66.75% compared to -1,599,184,869.87 RMB in the previous period, primarily due to reduced cash payments for debt repayment[6]. - Total cash inflow from financing activities was 3,033,088,765.59 CNY, up from 2,268,449,773.42 CNY year-over-year, reflecting increased borrowing and investment inflows[17]. - The cash outflow from financing activities totaled 3,564,820,099.01 CNY, slightly down from 3,867,634,643.29 CNY in the previous year, showing improved cash management[17]. Inventory and Expenses - The company's inventory decreased to ¥20,844,493,758.37 from ¥22,242,473,262.28, a decline of 6.3%[10]. - The company's financial expenses for Q3 2024 were CNY 173,787,296.28, down from CNY 270,365,269.56 in the previous year, representing a decrease of approximately 35.7%[13]. - Research and development expenses for Q3 2024 were CNY 25,997,248.03, slightly up from CNY 25,940,650.38 in the previous year, showing a marginal increase of 0.2%[13].