东江环保(002672) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥913,923,413.27, a decrease of 6.76% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥96,924,908.99, representing a reduction in losses of 38.66% year-on-year[3]. - Total operating revenue for Q3 2024 was CNY 2,467,281,865.53, a decrease of 17.4% compared to CNY 2,986,709,917.86 in the same period last year[15]. - The net profit for the third quarter of 2024 was -435,251,941.03 CNY, compared to -446,261,741.36 CNY in the same period last year, showing a slight improvement[16]. - The company reported a total comprehensive income of -423,890,947.31 CNY for the quarter, compared to -446,293,859.63 CNY in the same quarter last year[16]. - The company's basic and diluted earnings per share remained at -0.32 CNY, unchanged from the previous year[16]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was -¥107,626,402.53, an improvement of 37.99% compared to the same period last year[7]. - The company reported a decrease in cash and cash equivalents, impacting liquidity ratios[15]. - Cash and cash equivalents at the end of the period were 268,984,042.09 CNY, down from 700,135,214.52 CNY at the end of the previous year, indicating a decrease of approximately 61.6%[18]. - The cash flow from investing activities showed a net outflow of -691,476,665.79 CNY, slightly worse than -675,154,048.93 CNY in the previous year[17]. - The cash flow from financing activities resulted in a net outflow of -169,733,230.43 CNY, contrasting with a net inflow of 930,963,319.13 CNY in the same quarter last year[18]. - The total operating cash inflow was 2,955,979,105.69 CNY, down from 3,528,841,202.36 CNY year-on-year, indicating a decrease of approximately 16.2%[17]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥11,608,178,102.59, down 4.55% from the end of the previous year[2]. - Total liabilities decreased to CNY 6,996,051,932.66 from CNY 7,119,601,250.60, a reduction of 1.7%[14]. - Non-current assets totaled CNY 8,115,452,285.22, down from CNY 8,500,540,326.78, indicating a decrease of 4.5%[14]. - Current liabilities totaled CNY 3,829,132,566.36, a decrease from CNY 3,276,071,946.74, reflecting an increase of 16.8%[14]. Shareholder Information - The company reported a total of 25,995,038 shares held by Jiangsu Huihong Venture Investment Co., Ltd., representing 2.35% of the total share capital[11]. - The total number of shares held by the top 10 shareholders accounted for 10.00% of the total share capital[11]. - The company has not reported any significant changes in the participation of major shareholders in margin trading activities[11]. - The company has not identified any related party transactions among the top shareholders[10]. Operational Metrics - The basic earnings per share for Q3 2024 was -¥0.09, a 35.71% improvement compared to the same period last year[2]. - The company reported a significant increase of 93.25% in receivables financing, totaling ¥15,972,560.67, due to an increase in bank acceptance bills received[5]. - Prepayments increased by 74.70% to ¥190,855,178.47, primarily due to higher advance payments for raw materials[7]. - The company experienced a 52.82% increase in contract liabilities, reaching ¥193,192,802.55, attributed to higher advance receipts from customers[7]. - Operating revenue from sales of goods and services decreased to 2,893,803,901.09 CNY, down from 3,342,730,269.71 CNY year-on-year, reflecting a decline of approximately 13.4%[17]. - Research and development expenses for Q3 2024 were CNY 101,110,517.39, down from CNY 115,231,171.72, a decrease of 12.3%[15]. - The company is focusing on market expansion and new technology development to improve future performance[15].