ZYD(SH:600610)2024-10-28 08:56Financial Performance - The company's operating revenue for Q3 2024 was ¥245,526,078.76, a decrease of 22.38% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥648,004.88, while the net profit for the year-to-date period was a loss of ¥15,082,072.63[2]. - Total operating revenue for the first three quarters of 2024 was CNY 810,869,933.65, a decrease of 10.25% compared to CNY 903,723,701.07 in the same period of 2023[19]. - Net profit for the third quarter of 2024 was a loss of CNY 15,082,072.63, an improvement from a loss of CNY 50,286,193.96 in the same quarter of 2023[21]. - The total comprehensive income attributable to the parent company was -¥15,082,072.63, compared to -¥50,286,193.96 in the same period of 2023[22]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period increased by 52.28% to ¥139,801,733.77[2]. - The net cash flow from operating activities for the first three quarters of 2024 was ¥139,801,733.77, an increase of 52.2% compared to ¥91,805,937.89 in the same period of 2023[23]. - The net cash flow from financing activities was -¥96,108,234.43, an improvement from -¥119,769,808.94 in the same period of 2023[24]. - Cash and cash equivalents at the end of the period increased to ¥88,064,743.62 from ¥35,984,615.34 at the end of the same period in 2023[24]. - As of September 30, 2024, the company's cash and cash equivalents amounted to ¥96,706,160.48, an increase from ¥52,711,311.07 at the end of 2023, reflecting a significant growth of 83.5%[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,005,113,012.66, a decrease of 9.01% from the end of the previous year[4]. - The total assets decreased to CNY 1,005,113,012.66 in Q3 2024 from CNY 1,104,700,516.10 in Q3 2023, indicating a reduction in overall asset base[18]. - Total liabilities decreased to CNY 940,334,663.58 in Q3 2024 from CNY 1,081,332,576.89 in Q3 2023, showing improved financial leverage[18]. - The company reported a significant reduction in short-term borrowings, which fell to CNY 100,432,227.67 from CNY 181,693,512.48 year-over-year[18]. - The company's total non-current liabilities amounted to CNY 759,154,607.86, reflecting a strategic focus on long-term financial stability[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 62,369[10]. - The largest shareholder, Cinda Securities - Industrial Bank - Cinda Xingsheng No. 4 Collective Asset Management Plan, held 24.27% of the shares[10]. - The company has no significant changes in the top 10 shareholders due to the transfer of shares in the margin trading business[13]. Operational Efficiency - The company reported a decrease in the gross margin of its main products, but the selling prices showed a slight recovery compared to the previous year[7]. - Total operating costs for the first three quarters of 2024 were CNY 827,147,970.65, down 13.27% from CNY 953,708,530.77 in the previous year[19]. - Research and development expenses increased to CNY 12,224,355.19 in the third quarter of 2024, up from CNY 9,155,552.50 in the same quarter of 2023, reflecting a focus on innovation[21]. Asset Disposal and Bankruptcy - The company has completed the disposal of all assets related to Guizhou Zhongyida Construction Engineering Co., Ltd. and Shanghe Construction, with no actual gains realized[14]. - The company has submitted a bankruptcy liquidation application for Xinjiang Zhongyida and is in the process of bankruptcy for Xiamen Zhongyida[14]. - The company is committed to expediting the asset disposal process and will communicate progress updates in a timely manner[14]. Other Financial Metrics - The basic earnings per share for Q3 2024 was ¥0.0006, compared to a loss of ¥0.0141 for the same period last year[4]. - The company reported a basic and diluted earnings per share of -¥0.0141, compared to -¥0.0469 in the same period of 2023[22]. - Non-recurring gains and losses for the year-to-date period amounted to ¥1,095,935.22[6]. - Deferred income tax assets increased to CNY 183,293.33, suggesting potential future tax benefits[17]. - The company's goodwill remained stable at CNY 160,029,833.62, indicating no impairment in this asset category[17].