CASHWAY(603106)2024-10-28 08:51Financial Performance - The company's operating revenue for Q3 2024 was ¥77,595,027.65, a decrease of 10.81% compared to the same period last year[2] - The net profit attributable to shareholders for the same period was ¥850,223.81, while the net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,127,578.66[2] - The weighted average return on net assets for the reporting period was 0.07%, compared to -2.87% for the same period last year[3] - The basic and diluted earnings per share for the reporting period were both ¥0.0016, compared to -¥0.0688 for the same period last year[3] - Net profit for the first three quarters of 2024 was a loss of CNY 35,803,885.02, an improvement from a loss of CNY 63,014,192.16 in the same period of 2023[15] - Basic and diluted earnings per share for the first three quarters of 2024 were both CNY -0.0688, compared to CNY -0.1211 in the same period of 2023[16] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,673,142,657.02, reflecting a decrease of 8.20% from the end of the previous year[3] - The total assets decreased from RMB 1,822,520,347.64 to RMB 1,673,142,657.02, a decline of approximately 8.2%[12] - Current assets decreased from RMB 1,287,302,120.58 to RMB 1,135,848,365.47, representing a reduction of about 11.7%[12] - Total liabilities decreased from RMB 556,860,143.90 to RMB 443,286,338.30, a reduction of approximately 20.4%[13] - Current liabilities decreased from RMB 295,399,049.05 to RMB 212,585,912.35, a decline of about 28.0%[13] - The company's equity attributable to shareholders decreased from RMB 1,265,660,203.74 to RMB 1,229,856,318.72, a decrease of approximately 2.8%[13] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥83,059,483.37, indicating a significant cash outflow[2] - The net cash flow from operating activities was -83,059,483.37 CNY, an improvement from -143,604,085.78 CNY in the previous quarter[18] - The total cash outflow from operating activities amounted to 382,220,958.84 CNY, down from 443,854,620.83 CNY year-over-year[18] - The cash and cash equivalents at the end of the period stood at 653,023,578.41 CNY, compared to 589,789,975.85 CNY at the end of the previous quarter[19] Operating Costs and Expenses - Total operating costs decreased to CNY 356,723,167.90 from CNY 416,162,628.39, reflecting a reduction of 14.27%[14] - Research and development expenses decreased to CNY 42,030,937.01 from CNY 55,051,126.10, a reduction of 23.69%[14] - Sales expenses were reduced to CNY 19,217,421.43 from CNY 25,482,663.61, a decrease of 24.54%[14] Other Income and Gains - The company reported non-recurring gains of ¥9,977,802.47 for the current period, with government subsidies contributing ¥4,381,516.81[4] - The company reported a significant increase in other income, which rose to CNY 11,213,729.96 from CNY 7,204,767.25, an increase of 55.56%[15] Shareholder Information - The company had a total of 34,877 common shareholders at the end of the reporting period, with the largest shareholder holding 46.43% of the shares[9] Future Plans - The company plans to focus on reducing asset impairment losses and managing operating expenses to improve financial performance in the upcoming quarters[8]