新大洲A(000571) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥168,159,319.37, a decrease of 6.47% compared to the same period last year, and a year-to-date revenue of ¥571,706,702.52, down 30.19% year-on-year[2]. - The net profit attributable to shareholders for Q3 2024 was a loss of ¥51,285,481.05, representing a 38.50% decline, with a year-to-date loss of ¥78,056,799.68, a decrease of 27.35% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was -¥0.0614, down 34.95% year-on-year, and the diluted earnings per share was also -¥0.0614, reflecting the same percentage decrease[2]. - The net profit for the third quarter of 2024 was -84,714,222.87 CNY, compared to -720,823.36 CNY in the same period last year, indicating a significant decline in profitability[21]. - The company's operating profit was -73,742,522.80 CNY, compared to an operating profit of 43,719,370.86 CNY in the previous year, showing a substantial deterioration in operational performance[21]. - The total comprehensive income attributable to the parent company's owners was -72,127,053.15 CNY, compared to -68,724,257.60 CNY in the previous year, reflecting ongoing financial challenges[22]. Assets and Liabilities - The company's total assets at the end of Q3 2024 were ¥2,682,325,790.97, a decrease of 6.84% from the end of the previous year[2]. - The equity attributable to shareholders decreased to ¥298,311,109.28, down 18.32% from the end of the previous year[2]. - Total liabilities amounted to ¥1,619,815,055.78, a decrease of 8.0% from ¥1,761,544,890.86[20]. - The company's equity attributable to shareholders decreased to ¥298,311,109.28 from ¥365,197,430.53, a decline of 18.4%[20]. - The company's long-term borrowings were reclassified, resulting in a 100% increase in current liabilities due to borrowings maturing within one year[10]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥48,516,646.96, a significant decrease of 52.53% compared to the same period last year[7]. - The company reported a net cash outflow from investment activities of ¥6,814,608.95, which is an improvement of 86.43% year-on-year[7]. - The net cash outflow from financing activities was ¥83,699,177.16, an increase of 29.51% compared to the previous year[7]. - The company experienced a significant decrease in cash and cash equivalents, with a net decrease of ¥41,999,745.79, representing a 287.69% decline year-on-year[7]. - Net cash flow from operating activities for Q3 2024 was CNY 48,516,646.96, a decrease of 52.5% compared to CNY 102,208,313.81 in Q3 2023[24]. - Total cash inflow from operating activities was CNY 729,788,865.30, down 34.0% from CNY 1,106,575,867.52 in Q3 2023[24]. - The ending balance of cash and cash equivalents was CNY 508,228,362.12, compared to CNY 352,967,787.78 at the end of Q3 2023, reflecting an increase of 43.9%[25]. Revenue and Costs - Operating revenue for the first nine months of 2024 was RMB 571.71 million, a decrease of RMB 247.19 million or 30.19% compared to the same period in 2023[8]. - Total operating revenue for Q3 2024 was ¥571,706,702.52, a decrease of 30.2% compared to ¥818,901,276.86 in the same period last year[20]. - Total operating costs for Q3 2024 were ¥637,680,090.01, down 15.0% from ¥749,960,737.94 year-over-year[20]. - The total revenue from sales of goods and services received was 616,215,704.61 CNY, down from 905,369,249.76 CNY year-over-year, reflecting a decrease of approximately 31.9%[23]. Research and Development - R&D expenses increased significantly to RMB 8.74 million, up 3007.72% year-on-year, primarily due to increased spending by Wujiao Group[8]. - Research and development expenses increased to 8,736,806.27 CNY from 281,132.08 CNY, indicating a focus on innovation and product development[21]. Other Financial Metrics - The company reported a 77.08% decrease in income tax expenses, amounting to RMB 9.55 million, due to lower tax expenses at Wujiao Group[8]. - Investment losses decreased by RMB 13.10 million or 64.70% year-on-year, attributed to reduced investment losses recognized from joint ventures[8]. - The financial expenses increased to 33,526,885.15 CNY from 27,438,329.97 CNY, primarily driven by interest expenses of 26,663,042.65 CNY[21]. - The tax expenses for the quarter were 9,548,203.58 CNY, a decrease from 41,650,498.61 CNY in the previous year, reflecting lower taxable income[21]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,530, with the largest shareholder holding 12.85% of the shares[11]. - The company has reserved 5.45 million restricted stock options for six incentive targets, with the grant date set for June 25, 2024[14]. Legal and Regulatory Matters - The company is involved in an arbitration case with Zaozhuang Mining Group regarding a share transfer agreement, currently under review by the Shanghai International Economic and Trade Arbitration Commission[14]. - The company has a pending tax payment of RMB 55,382,958.82, which includes overdue tax and penalties[16]. - The company received a notification from the Yakeshi Municipal Government to pay RMB 33,511,552 for mining rights, with RMB 5 million already paid by the group[15]. - The company is in the process of resolving a dispute related to the sale of a 44.918% stake in Wujin Group to settle debts[16]. - The company has terminated the acquisition of 50% of Lorsinal S.A. and has received USD 6 million of the agreed USD 10 million refund[17]. Accounting and Reporting Changes - The company did not undergo an audit for the Q3 report, which may affect the perception of financial reliability[25]. - The company has adopted new accounting standards starting in 2024, which may impact future financial reporting[25].