高乐股份(002348) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥108,607,866.84, an increase of 4.37% compared to the same period last year[2] - The net profit attributable to shareholders was ¥1,570,738.58, a decrease of 81.11% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥1,636,382.58, down 76.53% from the previous year[2] - Total operating revenue for Q3 2024 was CNY 205,237,005.65, a decrease of 5.0% compared to CNY 216,288,912.96 in the same period last year[15] - The net loss for the period was CNY 546,527,387.54, compared to a loss of CNY 512,285,615.09 in the previous year[14] - The company reported a total comprehensive loss of -34,706,783.49 CNY for Q3 2024, compared to -22,776,381.04 CNY in Q3 2023, marking a deterioration in overall financial health[16] - The basic and diluted earnings per share for Q3 2024 were both -0.0362 CNY, compared to -0.0256 CNY in Q3 2023, indicating a decline in shareholder value[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥768,945,053.54, reflecting a 2.60% increase from the end of the previous year[2] - The equity attributable to shareholders decreased by 6.74% to ¥479,184,607.16 compared to the end of the previous year[2] - Total assets increased to CNY 768,945,053.54 from CNY 749,438,263.98, marking a growth of 2.0%[14] - Total liabilities rose to CNY 289,687,376.46, compared to CNY 235,473,803.41, an increase of 22.9%[13] - Non-current assets decreased to CNY 507,321,041.51 from CNY 528,760,645.55, a decline of 4.1%[13] Cash Flow and Financing - The cash flow from operating activities was negative at -¥22,999,993.96, a decline of 34.91% year-on-year[6] - The net cash flow from financing activities was ¥32,034,575.75, up 47.87% due to new short-term bank loans[7] - Total cash inflow from financing activities was 129,500,000.00 CNY in Q3 2024, significantly higher than 20,000,000.00 CNY in Q3 2023, indicating increased borrowing[18] - Cash and cash equivalents increased to CNY 20,962,284.11 from CNY 18,321,537.27 at the beginning of the period, reflecting a growth of 9.0%[12] - Cash and cash equivalents at the end of Q3 2024 amounted to 20,962,284.11 CNY, up from 7,204,127.17 CNY at the end of Q3 2023, showing improved liquidity[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 30,722[8] - The largest shareholder, Huadong Group Co., Ltd., holds 14.00% of shares, totaling 132,608,000 shares[8] - The second-largest shareholder, Yang Guangcheng, holds 6.15% of shares, totaling 58,223,668 shares[8] Legal Matters - The company is involved in a legal case regarding performance compensation of 183 million RMB due to underperformance, with ongoing court proceedings[10] - The court has issued a ruling in favor of the company regarding the performance compensation case, but the defendants have appealed[11] - The company has applied for asset preservation measures during the legal proceedings[10] - The company has received various court documents related to the case, indicating ongoing legal actions[10] - The first-instance judgment has been made, supporting the company's claims[10] - The outcome of the appeal remains uncertain, affecting the potential recovery of performance compensation[11] - The company is actively monitoring the legal situation and its implications for financial performance[11] Operational Efficiency - The company experienced a decrease in sales revenue from 193,863,907.56 CNY in Q3 2023 to 170,162,126.95 CNY in Q3 2024, reflecting a decline in market demand[17] - Operating profit for Q3 2024 was -34,081,300.09 CNY, compared to -23,808,631.32 CNY in the same period last year, indicating a worsening performance[16] - Cash flow from operating activities showed a net outflow of -22,999,993.96 CNY in Q3 2024, compared to -17,047,808.47 CNY in Q3 2023, reflecting a decline in operational efficiency[17] - The company incurred a foreign exchange loss of -261,769.72 CNY in Q3 2024, compared to a gain of 112,563.26 CNY in Q3 2023, highlighting increased currency risk exposure[18] Cost Management - Total operating costs increased slightly to CNY 234,769,485.04, compared to CNY 234,246,247.40 in the previous year, with operating costs at CNY 159,545,444.15[15] - The company reported a significant increase in financial expenses to CNY 8,207,890.92 from CNY 2,500,143.28, reflecting a rise of 228.3%[15] - The net cash outflow from investment activities was -6,132,065.23 CNY in Q3 2024, an improvement from -7,737,342.06 CNY in Q3 2023, indicating better investment management[18] - Accounts receivable rose to CNY 189,797,679.65, up from CNY 141,613,631.89, indicating a significant increase of 33.9%[12] - Inventory decreased to CNY 39,531,545.06 from CNY 51,739,228.66, a reduction of 23.5%[12]