宝塔实业(000595) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥70,660,067.70, representing a 0.36% increase compared to the same period last year[3] - The net profit attributable to shareholders was -¥27,286,335.74, a decrease of 40.29% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥28,777,906.74, down 30.07% from the previous year[3] - The net loss attributable to the parent company was CNY -1,421,626,179.92, worsening from CNY -1,362,201,480.74 in the previous period[16] - The net profit for Q3 2024 was -57,012,617.04 CNY, compared to -49,867,090.89 CNY in Q3 2023, reflecting an increase in net loss of approximately 14.3% year-over-year[19] - Operating profit for Q3 2024 was -56,783,807.12 CNY, slightly worse than -53,273,000.40 CNY in the same period last year, indicating a decline of about 9.4%[19] - Total revenue from operating activities decreased to 208,295,379.48 CNY in Q3 2024, down from 229,203,114.51 CNY in Q3 2023, representing a decline of approximately 9.1%[20] - The total comprehensive income attributable to the parent company for Q3 2024 was -59,424,699.18 CNY, compared to -50,048,091.20 CNY in Q3 2023, reflecting a decline of about 18.7%[19] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was -¥28,730,163.44, showing a 30.71% improvement compared to the same period last year[3] - The company's cash and cash equivalents decreased by 52.06% to ¥48,180,944.39, primarily due to operational needs and debt repayment[7] - The cash and cash equivalents at the end of Q3 2024 were 48,177,096.93 CNY, down from 78,561,338.72 CNY at the end of Q3 2023, a decrease of approximately 38.7%[21] - The total assets at the end of the reporting period were ¥1,038,040,146.75, a decrease of 5.05% from the end of the previous year[3] - The total assets decreased to CNY 1,038,040,146.75 from CNY 1,093,254,612.99, a reduction of about 5.1%[16] Liabilities and Equity - The equity attributable to shareholders decreased by 12.37% to ¥424,860,027.48 compared to the end of the previous year[3] - Short-term borrowings surged by 383.33% to ¥290,000,000.00 from ¥60,000,000.00, attributed to loans from Ningguo Yun and Ningxia Bank[9] - The total liabilities increased slightly to CNY 554,354,601.32 from CNY 551,955,587.29, showing a marginal increase of approximately 0.7%[16] Expenses and Charges - Financial expenses increased by 92.35% to ¥6,179,124.08, primarily due to an increase in borrowings[9] - Income tax expenses skyrocketed by 1,174.77% to ¥2,119,102.23, driven by increased profits from subsidiaries[9] - R&D expenses of CNY 4,437,707.55, a decrease from CNY 4,979,430.49 year-over-year[17] - Tax and additional charges rose by 49.23% to ¥861,557.12, mainly due to increased VAT surcharges from subsidiaries[9] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 111,226[10] - The largest shareholder, Baota Petrochemical Group, holds 34.99% of shares, totaling 398,415,924 shares[10] - The second largest shareholder, Ningxia State-owned Capital Operation Group, holds 29.33% of shares, totaling 334,000,000 shares[10] Other Income and Losses - The company reported a government subsidy of ¥1,058,920.58 for the current period, contributing to its non-recurring gains[5] - The company recorded a loss from the disposal of non-current assets amounting to -¥308,986.27 in the current period[5] - The company incurred an asset impairment loss of -10,791,958.07 CNY in Q3 2024, a significant increase from -19,211.44 CNY in the same period last year[19] - The company reported a decrease in other income to 651,009.59 CNY in Q3 2024, down from 487,399.87 CNY in Q3 2023, representing a decline of approximately 33.5%[19] Contract and Inventory - Contract assets decreased by 35.39% to ¥28,547,642.83 from ¥44,181,290.67[9] - Inventory rose to CNY 193,248,846.53 from CNY 180,183,877.92, indicating an increase of approximately 7.2%[15] - Accounts receivable increased to CNY 171,531,491.51 from CNY 155,516,029.80, marking an increase of about 10.3%[15] Construction and Investment - Construction in progress increased by 72.00% to ¥51,775,174.13, primarily due to increased investment in high-end bearing industrialization projects[9]