GQY视讯(300076) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥6,853,139.87, a decrease of 47.85% compared to the same period last year[2] - The net profit attributable to shareholders was -¥9,926,948.71, representing a decline of 61.60% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥12,165,029.10, down 32.95% from the previous year[2] - The basic earnings per share for the period was -¥0.0234, a decrease of 61.38% compared to the same period last year[2] - Net profit for the current period is -$24.67 million, compared to -$6.31 million in the previous period, indicating a significant increase in losses[18] - The total comprehensive loss for the current period is -$24.67 million, compared to -$6.31 million in the previous period[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,068,552,359.45, a decrease of 0.92% from the end of the previous year[3] - The equity attributable to shareholders was ¥962,808,540.90, down 2.51% from the end of the previous year[3] - As of September 30, 2024, the total assets amounted to RMB 1,068,552,359.45, a decrease from RMB 1,078,494,092.02 at the beginning of the period[15] - The total liabilities increased to RMB 103,258,999.36 from RMB 90,631,299.31, reflecting an increase of approximately 13.5%[15] - The company's equity attributable to shareholders decreased to RMB 962,808,540.90 from RMB 987,594,811.27, a decline of approximately 2.5%[15] Cash Flow - The cash flow from operating activities was -¥88,125,400.93, a decline of 103.29% year-to-date[2] - Cash flow from operating activities resulted in a net outflow of -$88.13 million, worsening from -$43.35 million in the previous period[19] - The ending balance of cash and cash equivalents decreased to ¥11,142,861.14 from ¥92,984,721.02, reflecting a decline of 88.0%[20] - Cash inflow from investment activities was $1.69 billion, an increase from $1.46 billion in the previous period[19] - Net cash flow from investment activities amounted to ¥20,134,353.98, an increase of 72.5% compared to ¥11,700,906.27 in the previous period[20] - Total cash inflow from financing activities was ¥1,050,000.00, significantly up from ¥245,000.00, representing a 328.6% increase[20] - Net cash flow from financing activities was -¥1,030,090.62, an improvement from -¥1,612,959.83 in the previous period[20] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 113.68% to ¥81,631,175.25 due to an increase in orders[5] - Inventory increased significantly to RMB 81,631,175.25 from RMB 38,202,916.98, marking an increase of approximately 113.4%[13] - The company reported a decrease in accounts receivable to RMB 116,746,033.22 from RMB 119,563,279.11, a reduction of approximately 2.4%[13] - The company’s other receivables increased to RMB 11,151,829.99 from RMB 9,375,119.98, an increase of approximately 19%[13] Expenses - The company’s financial expenses increased by 120.30% to ¥440,511.88, primarily due to a reduction in bank deposit products held[6] - Total operating costs increased to $114.49 million, up 4.6% from $109.48 million in the previous period[16] - Research and development expenses rose to $5.69 million, an increase of 27.0% compared to $4.48 million in the previous period[16] - Sales expenses increased to $17.91 million, up 22.5% from $14.61 million in the previous period[16] - The company recorded a significant credit impairment loss of -$5.28 million, contrasting with a gain of $2.22 million in the previous period[17] Capital Changes and Acquisitions - The company plans to increase its wholly-owned subsidiary Huanghe Huaxia Technology's registered capital by RMB 45 million, raising it to RMB 95 million[9] - The company acquired 40% equity of Ningbo Yunji Technology for RMB 0, resulting in 100% ownership after the transaction[11] - The company completed the registration of capital changes for its subsidiary on January 11, 2024, following the capital increase[9] Audit Status - The company has not undergone an audit for the third quarter report[21]