Goaland(SZ:300499)2024-10-24 10:51Financial Performance - The company's operating revenue for Q3 2024 was ¥79,048,587.30, a decrease of 44.83% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥15,935,983.01, representing a decline of 485.00% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥17,992,612.18, down 317.24% from the previous year[2]. - The basic earnings per share for Q3 2024 was -¥0.05, a decrease of 400.00% year-over-year[2]. - Net profit for Q3 2024 was a loss of CNY 17,272,213.69, compared to a loss of CNY 4,423,522.10 in Q3 2023, representing a significant increase in losses[21]. - The company reported a basic and diluted earnings per share of -0.06, worsening from -0.02 in the previous year[22]. Assets and Liabilities - The total assets as of September 30, 2024, were ¥1,839,623,828.77, an increase of 1.13% from the end of the previous year[3]. - The equity attributable to shareholders decreased to ¥1,384,238,206.82, down 1.26% from the end of the previous year[3]. - The total current liabilities increased to CNY 415,876,245.42 from CNY 392,574,501.20, marking a rise of about 5.9%[17]. - The total liabilities increased to CNY 436,540,852.48, up from CNY 413,482,494.55, indicating a rise of 5.6%[20]. - The total equity attributable to shareholders of the parent company decreased to CNY 1,384,238,206.82 from CNY 1,401,887,329.55, a decline of 1.3%[20]. Cash Flow - Cash flow from operating activities for the year-to-date was -¥85,367,656.22, a decline of 194.10% compared to the same period last year[2]. - The net cash flow from operating activities was -85,367,656.22 CNY, compared to -29,027,192.22 CNY in the previous year, indicating a decline in operational performance[23]. - Cash flow from operating activities was CNY 377,955,863.86, down from CNY 468,132,428.91 in the same period last year, indicating a decline of 19.2%[22]. - The company reported a total cash outflow from operating activities of 489,993,585.41 CNY, slightly lower than 507,650,279.80 CNY last year[23]. - The ending balance of cash and cash equivalents was 95,702,969.64 CNY, down from 213,771,311.40 CNY in the previous year[24]. Investments and Expenses - The company's inventory increased by 40.90% to ¥425,791,946.38 due to order preparation[6]. - The construction in progress surged by 2165.18% to ¥28,735,858.91, reflecting increased investment in the Yueyang No. 5 factory[6]. - R&D expenses increased by 43.23% to ¥31,542,521.28, reflecting higher direct investment in research and development[7]. - Research and development expenses increased to CNY 31,542,521.28, up 43.4% from CNY 22,022,825.99 year-on-year, reflecting a focus on innovation[20]. - The company recorded a 993.43% increase in non-operating expenses to ¥1,043,901.52, mainly due to increased donations[7]. Government Support and Subsidies - The company received government subsidies amounting to ¥1,582,840.93 during the quarter, contributing to its non-recurring gains[4]. - Other income rose by 84.53% to ¥9,311,104.02, mainly due to government subsidies and input tax credits[7]. - Cash received from tax refunds increased by 157.83% to ¥3,172,739.77, driven by higher export tax rebates[8]. - Cash paid for various taxes decreased by 45.22% to ¥29,382,729.60, due to reduced corporate income tax payments[8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,696, with the top ten shareholders holding a combined 16.56% of shares[9]. - The largest shareholder, Li Qi, holds 14.21% of the shares, totaling 43,386,102 shares[9]. Strategic Developments - The company plans to continue its market expansion and product development strategies, focusing on energy-saving technologies[14]. - The company has successfully completed the issuance of shares to specific investors, with approval from the China Securities Regulatory Commission on October 24, 2023[14]. - The company has incorporated Jiangsu Lantian into its consolidated financial statements, impacting cash flow and financial metrics[8]. - The company has renewed its audit firm for the 2024 fiscal year, continuing its partnership with Lixin Certified Public Accountants[13].