东方通(300379) - 2024 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2024 reached ¥132,474,911.35, an increase of 2.72% year-over-year, while year-to-date revenue totaled ¥293,659,643.88, up 6.86% compared to the same period last year[3] - Net profit attributable to shareholders was -¥17,184,659.60 for Q3 2024, a decrease of 37.91% year-over-year, with a year-to-date net profit of -¥183,319,631.37, reflecting a 9.95% increase in losses compared to the previous year[3] - The company reported a basic earnings per share of -¥0.0321 for Q3 2024, down 12.24% year-over-year, and a year-to-date EPS of -¥0.3286, which is a 19.93% increase in losses compared to the same period last year[3] - The net profit for Q3 2024 was -183,319,692.14, compared to -203,578,019.87 in Q3 2023, showing an improvement of approximately 9.8%[18] - The total comprehensive income for the period was -183,507,501.22, compared to -203,679,640.08 in Q3 2023, reflecting a year-over-year improvement[19] Assets and Liabilities - Total assets as of September 30, 2024, were ¥3,993,935,765.85, a decrease of 4.29% from the end of the previous year[3] - The total current assets at the end of the period were ¥2,694,056,671.15, a decrease from ¥2,904,212,806.26 at the beginning of the period, representing a decline of approximately 7.2%[15] - The total liabilities increased to ¥494,248,062.03 from ¥370,767,181.58, marking an increase of about 33.3%[16] - The total assets decreased to ¥3,993,935,765.85 from ¥4,173,124,884.13, reflecting a decline of approximately 4.3%[16] Cash Flow - The company’s cash flow from operating activities showed a year-to-date net cash outflow of -¥258,581,471.63, representing a 9.06% increase in cash outflow compared to the same period last year[3] - Operating cash flow for the period was -258,581,471.63, compared to -237,098,191.13 in the previous year, indicating a decline in cash flow[20] - Cash and cash equivalents at the end of the period were 1,160,835,203.83, down from 1,608,727,943.02 at the end of Q3 2023, a decrease of approximately 28%[21] - The company’s cash and cash equivalents decreased by 43.06% to ¥1,169,851,606.02, primarily due to the purchase of structured deposits and share buybacks during the reporting period[7] Investments and Expenses - The company’s long-term equity investments increased by 32.25% to ¥206,588,881.77 due to additional capital injection into Hangzhou Qingxiang during the reporting period[7] - Financial expenses for the year-to-date period amounted to -¥10,969,415.42, a significant increase of 4178.05% compared to the previous year, mainly due to increased interest income from deposits[8] - Research and development expenses amounted to ¥172,422,219.21, down from ¥193,451,244.76, indicating a decrease of about 10.9%[17] - The financial expenses for the period were -10,969,415.42, compared to -256,411.32 in the previous year, showing a significant increase in financial costs[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 60,691[9] - The largest shareholder, Huang Yongjun, holds 7.35% of the shares, totaling 41,008,323 shares, with 30,756,242 shares pledged[9] - The company repurchased 8.8 million shares, reducing the total share capital from 566,722,828 shares to 557,922,828 shares[12] - The company completed the registration of capital change on September 6, 2024, with the new registered capital being 55,792.2828 million yuan[12] - The top ten shareholders collectively hold significant stakes, with the largest being Huang Yongjun and Hong Kong Central Clearing Limited[9] Changes in Share Structure - The company has made strategic changes to the purpose of repurchased shares, now intended for cancellation rather than employee stock plans[12] - The total number of shares held by shareholders with over 5% ownership remains unchanged from the previous period[10] - The company has not reported any changes in the participation of major shareholders in margin trading activities[10] - The company has a total of 31,285,264 shares under lock-up conditions, with 9,547,947 shares released during the reporting period[11] - The proportion of shares held by the top ten unrestricted shareholders is 0.69% for the China Southern CSI 1000 ETF[11] Sales and Revenue Trends - The total operating revenue for the third quarter was ¥293,659,643.88, an increase of 6.3% compared to ¥274,795,214.43 in the same period last year[17] - Total revenue from sales and services received was 471,506,559.75, down from 493,086,929.90 in the same period last year, reflecting a decrease of about 4.4%[20] - The total operating costs decreased to ¥537,313,163.33 from ¥563,231,247.21, reflecting a reduction of approximately 4.6%[17] Other Notable Changes - The company appointed a new independent director, Niu Zhongdang, effective from October 17, 2024, following the resignation of Ding Yun[13] - The company recorded a total of ¥3,694,530.45 in non-recurring gains and losses for Q3 2024, compared to ¥24,088,048.70 for the year-to-date period[5] - The company reported a decrease in tax expenses to -17,055,878.00 from -49,886,417.86 in the previous year, indicating a reduction in tax liabilities[18]