XFH(SZ:300890)2024-10-23 12:54Revenue and Profit - Revenue for Q3 2024 was CNY 338,185,530.49, an increase of 1.91% year-over-year, but a decrease of 21.07% year-to-date[2] - Net profit attributable to shareholders for Q3 2024 was CNY 18,168,026.97, down 10.85% year-over-year and down 37.19% year-to-date[2] - The net profit excluding non-recurring gains and losses for Q3 2024 was CNY 13,678,700.32, a decrease of 24.19% year-over-year and a decrease of 52.99% year-to-date[2] - Basic earnings per share for Q3 2024 were CNY 0.1661, down 12.11% year-over-year and down 38.43% year-to-date[2] - Total operating revenue for Q3 2024 was CNY 1,045,557,807.43, a decrease of 21.1% compared to CNY 1,324,648,605.97 in the same period last year[18] - Net profit for Q3 2024 was CNY 55,357,656.24, down 37.3% from CNY 88,347,351.24 in Q3 2023[19] - Basic earnings per share for Q3 2024 were CNY 0.5159, compared to CNY 0.8379 in the previous year[20] Assets and Liabilities - Total assets as of September 30, 2024, were CNY 4,298,836,688.39, a decrease of 8.40% compared to the end of the previous year[2] - Total assets decreased to CNY 4,298,836,688.39 from CNY 4,693,117,758.61, reflecting a decline of 8.4%[17] - Total liabilities decreased to CNY 2,247,758,966.19 from CNY 2,740,664,220.58, a reduction of 17.9%[17] - Non-current assets increased to CNY 2,205,308,939.69 from CNY 1,964,502,686.61, an increase of 12.3%[17] - The total number of ordinary shareholders was 22,183, with the top ten shareholders holding a combined 26.68% of the shares[11] - The largest shareholder, Zhou Pengwei, holds 14.28% of the shares, amounting to 15,620,814 shares[11] Cash Flow and Liquidity - Cash and cash equivalents decreased by 66.80% to CNY 197,975,079.81 due to reduced fundraising project balances and corresponding decreases in bill payment guarantees[8] - The company's cash and cash equivalents decreased to 197,975,079.81 RMB from 596,357,967.40 RMB at the beginning of the period, reflecting a significant reduction in liquidity[15] - The total current assets decreased to 2,093,527,748.70 RMB from 2,728,615,072.00 RMB, indicating a decline in overall asset liquidity[15] - The cash inflow from operating activities for the current period is ¥600,279,218.39, a significant decrease from ¥1,876,408,402.20 in the previous period, reflecting a decline of approximately 68%[21] - The net cash flow from operating activities is ¥100,978,591.46, slightly down from ¥107,253,041.02 in the previous period, indicating a decrease of about 2.6%[21] - The cash inflow from investment activities totals ¥1,242,271,712.89, with a net cash outflow of ¥150,368,194.29, compared to a net outflow of ¥424,260,722.86 in the previous period[22] - The cash inflow from financing activities is ¥552,903,961.93, down from ¥2,124,046,182.94 in the previous period, representing a decline of approximately 74%[22] - The net cash flow from financing activities is -¥176,330,917.38, contrasting with a positive net flow of ¥296,235,740.79 in the previous period[22] - The total cash and cash equivalents at the end of the period is ¥145,573,403.51, down from ¥236,360,188.93 in the previous period, indicating a decrease of about 38.3%[22] Expenses and Income - Sales expenses for the first nine months of 2024 were CNY 30,440,693.89, a decrease of 41.29% compared to the same period in 2023[9] - Financial expenses increased by 76.90% to CNY 49,789,506.64, mainly due to increased interest on convertible bonds during the reporting period[9] - Other income increased by 264.48% to CNY 29,794,859.73, primarily due to an increase in government subsidies recognized during the reporting period[9] - The company reported a significant loss in non-operating expenses of 2,916,344.51 RMB due to material scrap losses during the reporting period[10] - Research and development expenses for Q3 2024 were CNY 39,526,906.19, down from CNY 45,689,495.41 in Q3 2023, a decrease of 13.5%[18] - The company reported a net investment income of CNY 3,979,366.88, compared to a loss of CNY 332,918.90 in the previous year[19] Shareholder Information - The total number of restricted shares at the end of the period was 140,000, with 35,000 shares released from restrictions during the reporting period[14] - The company has not reported any new strategies or product developments during this quarter[15] Audit and Reporting - The company has not undergone an audit for the third quarter report, which may impact the reliability of the financial data presented[22]