HNAC(SZ:300490)2024-10-27 07:38Financial Performance - The company's revenue for Q3 2024 was ¥257,176,299.74, a decrease of 59.35% compared to the same period last year[2]. - Operating revenue for the period was CNY 2,076,307,272.49, a decrease of 31.24% compared to the same period last year[12]. - Total operating revenue for Q3 2024 was ¥1,427,655,598.34, a decrease of 31.2% compared to ¥2,076,307,272.49 in the same period last year[25]. - The net profit attributable to shareholders was -¥104,955,321.34, representing a decline of 620.50% year-over-year[2]. - Net profit attributable to shareholders of the listed company was a loss of CNY 160,623,767.27, a decline of 699.83% year-on-year[12]. - Net loss for Q3 2024 amounted to ¥160,623,767.27, compared to a net profit of ¥20,621,037.04 in Q3 2023[26]. - The net loss per share was -¥0.27, a decrease of 640.00% compared to the same period last year[2]. Cash Flow - The net cash flow from operating activities was -¥437,000,998.36, a decrease of 32.79% compared to the previous year[2]. - Cash inflow from operating activities decreased by 13.51% compared to the same period last year, mainly due to lower cash received from sales of goods and services[14]. - Cash outflow from operating activities decreased by 6.13% year-on-year, attributed to reduced cash payments for goods and services[15]. - Net cash flow from operating activities declined by 32.79% year-on-year, primarily due to decreased cash inflow[15]. - The company's cash flow from operating activities was not detailed, but the significant net loss suggests potential liquidity challenges[26]. - Cash inflow from operating activities totaled approximately ¥1.50 billion, a decrease of 13.5% from ¥1.74 billion in the previous period[27]. - Cash outflow from operating activities was approximately ¥1.94 billion, down from ¥2.06 billion in the previous period[27]. - Net cash flow from operating activities was -¥437 million, compared to -¥329 million in the previous period, indicating a worsening cash flow situation[27]. - Cash inflow from investment activities was approximately ¥242 million, an increase from ¥202 million in the previous period[28]. - Net cash flow from investment activities was -¥166 million, worsening from -¥86 million in the previous period[28]. - Cash inflow from financing activities was approximately ¥902 million, down significantly from ¥1.49 billion in the previous period[28]. - Net cash flow from financing activities was ¥441 million, compared to ¥563 million in the previous period, indicating a decrease in financing efficiency[28]. - The ending balance of cash and cash equivalents was approximately ¥320 million, down from ¥481 million in the previous period[28]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,599,176,548.26, down 5.99% from the end of the previous year[2]. - As of September 30, 2024, the total assets of Huazi Technology Co., Ltd. amounted to ¥6,599,176,548.26, a decrease from ¥7,019,822,992.86 at the beginning of the period[21]. - The company's total liabilities increased to ¥2,498,920,408.46 from ¥2,525,814,734.57, indicating a slight decrease of about 1.1%[22]. - The company's total liabilities decreased to ¥3,952,325,708.58 from ¥4,186,780,808.48, a reduction of 5.6%[24]. - The total equity attributable to shareholders of the parent company was ¥2,629,308,317.75, down from ¥2,772,515,789.65, a decline of 5.2%[24]. - The company's total equity decreased to ¥4,100,256,139.80 from ¥4,494,008,258.29, a decline of approximately 8.8%[22]. Investments and R&D - R&D investment increased by 10.37% compared to the same period last year, reflecting the company's commitment to developing new products and technologies[12]. - Research and development expenses for Q3 2024 were ¥121,106,563.79, an increase of 10.5% from ¥109,725,859.86 in Q3 2023[25]. - The company's short-term borrowings increased by 86.49% to ¥947,903,045.03 compared to the beginning of the year[8]. - The company's prepayments increased by 284.91% to ¥333,858,412.39 compared to the beginning of the year[8]. - The company's investment properties increased by 118.45% to ¥130,133,962.83 compared to the beginning of the year[8]. - The company reported a significant increase in trading financial assets by 1182.91% to ¥64,145,279.68 compared to the beginning of the year[8]. - The company reported a significant increase in trading financial assets to ¥64,145,279.68 from ¥5,000,000.00, marking a substantial growth[21]. Future Outlook - The company plans to continue expanding its market presence and invest in new product development to drive future growth[20]. - The company plans to focus on market expansion and new product development to improve future performance[26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,293[17]. Miscellaneous - The company's weighted average return on equity was -3.80%, a decline of 4.39% year-over-year[2]. - Total cash and cash equivalents decreased by 209.07% year-on-year, driven by declines in net cash flow from operating and financing activities[16]. - The company's cash and cash equivalents decreased to ¥450,005,139.17 from ¥657,114,370.72, representing a decline of approximately 31.5%[21]. - Accounts receivable decreased to ¥1,446,303,640.65 from ¥1,718,784,467.03, a reduction of about 15.8%[21]. - Inventory decreased to ¥1,351,652,052.71 from ¥1,442,272,201.74, reflecting a decline of approximately 6.3%[22]. - The total current assets decreased to ¥4,100,256,139.80 from ¥4,494,008,258.29, a decrease of about 8.8%[22]. - The company's long-term equity investments increased to ¥96,082,244.30 from ¥87,523,899.91, an increase of approximately 9.0%[22]. - The total assets decreased to ¥6,599,176,548.26 from ¥7,019,822,992.86, indicating a decline of 6.0%[24]. - The company did not undergo an audit for the third quarter report[29].