Financial Performance - The company's revenue for Q3 2024 was ¥66,060,303.70, representing a 0.95% increase year-over-year, but a decline of 11.53% for the year-to-date period[2] - The net profit attributable to shareholders for Q3 2024 was -¥9,433,955.28, a decrease of 92.49% compared to the same period last year, with a year-to-date decline of 356.83%[2] - The basic earnings per share for Q3 2024 was -¥0.1423, down 90.51% year-over-year, and -¥0.3187 for the year-to-date, down 351.42%[2] - Total operating revenue for Q3 2024 was ¥155,274,710.07, a decrease of 11.5% compared to ¥175,519,869.98 in the same period last year[19] - Net profit for Q3 2024 was a loss of ¥24,795,836.88, worsening from a loss of ¥5,887,060.54 in Q3 2023[20] - The company’s total comprehensive income for Q3 2024 was a loss of ¥24,812,534.88, compared to a loss of ¥5,889,544.58 in Q3 2023[20] - The total comprehensive income attributable to the parent company for the current period was -21,179,676.75, compared to -4,635,056.76 in the previous period[21] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥1,072,011,476.38, an increase of 2.65% from the end of the previous year[2] - The company's total liabilities increased to ¥265,257,352.87 from ¥208,046,968.81, reflecting a significant rise in non-current liabilities[18] - The total equity attributable to shareholders decreased to ¥798,660,922.05 from ¥831,728,011.51, indicating a decline in shareholder value[18] - The company's cash and cash equivalents decreased by 36.40% to ¥322,284,412.74 due to cash dividends and share repurchases[5] - The company's cash and cash equivalents at the end of the period were not disclosed, but the overall financial position indicates a need for strategic adjustments to improve profitability[18] Cash Flow - The net cash flow from operating activities was -101,733,216.81, a decrease from -95,964,300.23 in the same period last year[22] - Cash inflow from operating activities totaled 181,415,683.53, down from 257,056,387.22 in the previous period[22] - The cash outflow from operating activities was 283,148,900.34, compared to 353,020,687.45 in the previous period[22] - The net cash flow from investing activities was -8,921,831.80, an improvement from -370,893,057.21 in the previous period[22] - The cash inflow from financing activities was 107,088,908.03, compared to 118,750,192.30 in the previous period[22] - The company’s cash flow from financing activities netted 35,498,801.13 yuan, a substantial increase of 3467.92% compared to the previous period[8] Expenses - Sales expenses increased by 55.48% to 18,866,986.08 yuan, primarily due to the implementation of an equity incentive policy[7] - Management expenses rose by 78.55% to 26,720,695.74 yuan, also attributed to the equity incentive policy[7] - The company reported a significant increase in other expenses, with operating expenses rising by 1236.98% to 2,218,475.22 yuan[7] - The company’s interest expenses decreased by 47.31% to 913,050.73 yuan due to a reduction in short-term borrowings[7] Inventory and Prepayments - The company's inventory increased by 77.75% to ¥66,325,461.45, attributed to ongoing projects not yet completed[5] - The company reported a significant increase in prepayments, up 265.21% to ¥30,055,340.93, due to increased procurement for ongoing projects[5] - The company has seen a 160.46% increase in contract liabilities, reaching ¥25,466,824.87, due to increased advance payments for projects not yet completed[6] Other Financial Metrics - The company recorded non-operating income of ¥275,249.41 for the current period, contrasting with a loss of -¥1,143,575.68 for the year-to-date[4] - The total profit (loss) for the period was -31,470,669.73 yuan, a decrease of 225.78% compared to the previous period[8] - The company reported a financial expense of -¥4,589,457.49, an improvement from -¥6,386,217.84 in the same period last year[19] - Other income for the quarter was ¥154,001.62, compared to ¥131,182.01 in the previous year, showing a slight increase[20] Strategic Developments - The company completed the acquisition of 51% equity in Guangdong Yiqi Data Industry Co., Ltd. for a nominal price of RMB 1, with a corresponding subscribed capital of RMB 6.375 million[15] - The company plans to extend the completion date of the Shenzhen Comprehensive Operation Center project from August 24, 2024, to August 24, 2025[13] - The company adjusted the repurchase price and grant price for the 2023 restricted stock incentive plan[13] - The total number of shares repurchased by the company was 1,006,140, accounting for 1.50% of the total share capital[11]
天亿马(301178) - 2024 Q3 - 季度财报