Financial Performance - Net profit attributable to shareholders for the first nine months of 2024 improved by 31.71% to a loss of CNY 29,292,098.67 compared to the same period in 2023[4] - Operating revenue for the third quarter of 2024 increased by 15.83% to CNY 24,517,976.16 compared to the same period in 2023[4] - Net profit increased by 31.47% compared to the same period last year, mainly due to government subsidies received during the reporting period and a decrease in R&D expenses[7] - Total revenue for the first nine months of 2024 reached ¥79,567,235.43, an increase from ¥76,003,981.91 in the same period of 2023, reflecting a growth of approximately 3.36%[20] - Net profit for the first nine months of 2024 was reported at -¥29,617,307.17, an improvement compared to -¥43,217,508.56 in the same period of 2023, showing a reduction in losses of approximately 31.5%[21] - Total comprehensive income for the first nine months of 2024 was -16,210,536.23 CNY, an improvement from -31,807,820.73 CNY in 2023[23] - The company reported a total profit of -19,359,890.71 CNY for the first nine months of 2024, compared to -37,797,484.14 CNY in the same period of 2023[22] Assets and Liabilities - Total assets as of September 30, 2024, decreased by 11.10% to CNY 422,830,313.55 compared to the end of the previous year[4] - The company's total liabilities to total assets ratio (consolidated) was 17.54% as of September 30, 2024, compared to 20.56% at the end of the previous year[4] - Total current assets as of September 30, 2024, amount to ¥343,734,668.56, a decrease from ¥406,494,269.07 as of December 31, 2023, representing a decline of approximately 15.4%[14] - Total liabilities as of September 30, 2024, are ¥74,159,315.13, down from ¥97,800,173.35, indicating a decrease of about 24.2%[16] - The company's total equity as of September 30, 2024, is ¥348,670,998.42, down from ¥377,841,854.28, representing a decrease of about 7.7%[16] - The total liabilities increased to ¥134,396,780.55 from ¥107,119,573.31, marking an increase of about 25.5%[19] Cash Flow - Cash flow from operating activities for the third quarter of 2024 improved by 84.12%, resulting in a net outflow of CNY 4,398,005.99[4] - Net cash flow from operating activities was -CNY 75,016,646.68, slightly improved from -CNY 79,322,439.51 year-over-year[26] - Cash inflow from investment activities surged to CNY 175,819,514.13, a significant increase from CNY 15,126,328.76 in the previous year[27] - The net cash flow from investment activities was CNY 48,025,733.92, recovering from a negative cash flow of -CNY 5,597,845.32 in the same period last year[27] - Cash inflow from financing activities totaled CNY 10,829,992.08, down from CNY 121,450,372.64 in the previous year[27] - The ending cash and cash equivalents balance decreased to CNY 43,330,699.63 from CNY 118,235,951.41 year-over-year[27] Expenses - Operating costs decreased to ¥124,253,247.04 from ¥124,681,766.54, indicating a reduction of about 0.34%[20] - Research and development expenses for the first nine months of 2024 were ¥19,853,444.32, down from ¥23,704,846.20, representing a decrease of approximately 16.3%[20] - Sales expenses increased to ¥19,759,485.19 from ¥17,860,728.94, reflecting an increase of about 10.6%[20] - Research and development expenses significantly decreased to 6,006,775.37 CNY in 2024 from 11,089,991.62 CNY in 2023, a decline of about 46.1%[22] Other Income and Gains - Other income for the current period increased by 586.33% to CNY 9,469,188.06, mainly from government listing rewards[6] - Investment income surged by 1,230.63% to CNY 579,207.75, attributed to returns from structured deposits and time deposits[6] - Non-operating income grew by 2,698.24% year-on-year, mainly due to the addition of accounts payable that do not require payment to suppliers[7] - Non-recurring gains and losses totaled 9,904,107.04, with a net amount of 8,445,204.83 after tax effects[8] Shareholder Information - The total number of ordinary shares at the end of the period was 62,150,000, with 6,184 shareholders[8] - The proportion of unrestricted shares increased from 27.57% to 61.43% during the reporting period[8]
华信永道(837592) - 2024 Q3 - 季度财报