Hollywave(SH:688682)2024-10-24 10:08Financial Performance - The company's operating revenue for Q3 2024 was ¥63,983,434.89, a decrease of 29.71% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥4,190,340.44, down 40.71% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,303,165.17, a decrease of 37.07% compared to the same period last year[2] - The basic earnings per share for Q3 2024 was ¥0.06, reflecting a decline of 40.00% year-over-year[2] - Total operating revenue for the first three quarters of 2024 was CNY 188,075,120.76, a decrease of 16.5% compared to CNY 225,353,907.67 in the same period of 2023[14] - Net profit for the first three quarters of 2024 was CNY 13,947,033.41, a decline of 45.2% compared to CNY 25,474,997.14 in 2023[15] - Earnings per share for the first three quarters of 2024 was CNY 0.14, down from CNY 0.25 in the same period of 2023[15] Research and Development - The total R&D investment for Q3 2024 was ¥9,726,090.44, down 27.56% compared to the same period last year[2] - The ratio of R&D investment to operating revenue was 15.20%, an increase of 0.45 percentage points year-over-year[4] - Research and development expenses for the first three quarters of 2024 were CNY 30,771,174.19, a decrease of 11.5% from CNY 34,666,350.71 in 2023[14] Assets and Liabilities - The total assets at the end of the reporting period were ¥937,235,916.54, an increase of 2.30% from the end of the previous year[4] - The equity attributable to shareholders was ¥653,390,768.07, a slight decrease of 0.16% compared to the end of the previous year[4] - Total liabilities increased to CNY 250,833,130.23 in Q3 2024, up from CNY 217,668,186.50 in Q3 2023, representing a growth of 15.2%[14] - Total equity decreased to CNY 686,402,786.31 in Q3 2024 from CNY 698,536,628.83 in Q3 2023, a decline of 1.9%[14] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥79,528,844.48, indicating a negative cash flow situation[2] - The company's cash inflow from operating activities for the first three quarters of 2024 was ¥151,964,843.63, a decrease of 36.5% compared to ¥239,285,333.93 in the same period of 2023[17] - The net cash outflow from operating activities was ¥79,528,844.48, an improvement from a net outflow of ¥97,694,107.95 in the previous year[17] - Cash inflow from investment activities totaled ¥742,694,450.75, down 29.7% from ¥1,057,758,888.22 in the first three quarters of 2023[18] - The net cash outflow from investment activities was ¥639,378,177.55, compared to ¥984,084,354.06 in the same period last year, indicating a reduction of 35.0%[18] - The net cash flow from financing activities was ¥3,339,353.51, a significant decrease from ¥42,745,326.09 in the previous year[18] Current Assets - As of September 30, 2024, the total current assets amounted to ¥767,317,838.08, slightly down from ¥769,549,637.39 at the end of 2023[11] - Cash and cash equivalents increased to ¥187,191,811.62 from ¥173,126,288.72, reflecting a growth of approximately 10.5%[11] - Accounts receivable rose to ¥209,295,200.41, up from ¥151,108,700.65, indicating a significant increase of about 38.5%[11] - Inventory increased to ¥79,624,295.70 from ¥70,402,936.08, representing an increase of approximately 17.4%[12] Other Information - The company received government subsidies amounting to ¥364,850.80 during the reporting period[5] - The company reported a short-term loan of ¥39,797,623.93, indicating new financing activities[12] - The company’s contract liabilities increased to ¥48,772,436.72 from ¥25,199,056.22, reflecting a growth of approximately 93.4%[12] - The company has maintained goodwill at ¥62,105,867.87, unchanged from the previous period, indicating stability in this asset category[12] - The company did not report any new product or technology developments during this quarter[19] - The company has not announced any market expansion or acquisition strategies in the latest report[19]