Financial Performance - Revenue for Q3 2024 was ¥113,109,082.15, a decrease of 13.82% compared to the same period last year[2]. - Net profit attributable to shareholders was -¥29,721,662.73, representing a decline of 905.56% year-over-year[2]. - Basic earnings per share for Q3 2024 was -¥0.19, a decrease of 1,050.00% compared to the same period last year[2]. - Total operating revenue for the current period is ¥342,684,927.59, a decrease of 5.1% from ¥362,612,458.53 in the previous period[16]. - Net profit for the current period is -¥81,463,649.83, compared to a profit of ¥2,803,691.71 in the previous period, indicating a significant decline[17]. - Basic and diluted earnings per share for the current period are both -¥0.46, down from ¥0.04 in the previous period[18]. - The total comprehensive income for the current period is -¥93,606,885.05, a decline from ¥15,945,756.86 in the previous period[18]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥27,282,641.10, down 52.53% from the previous year[2]. - Cash inflow from operating activities totaled ¥383,332,618.19, a decrease of 12.8% from ¥439,748,693.45 in the previous period[19]. - The net cash flow from operating activities was CNY 27,282,641.10, a decrease of 52.6% compared to CNY 57,469,022.75 in the previous period[20]. - The total cash outflow from investment activities was CNY 186,015,349.26, down from CNY 409,918,420.35, indicating a reduction of 54.7%[20]. - The net cash flow from financing activities was CNY 40,741,079.01, a significant decrease of 90.4% compared to CNY 424,477,790.57 in the previous period[20]. - The cash and cash equivalents at the end of the period stood at CNY 77,304,548.19, down from CNY 228,492,870.66, reflecting a decline of 66.2%[20]. - The company reported a total cash inflow from financing activities of CNY 291,537,019.31, compared to CNY 599,656,244.22 in the previous period, a decrease of 51.4%[20]. - The cash flow from investment activities showed a net outflow of CNY 185,322,067.56, compared to a net outflow of CNY 366,318,719.54, indicating a 49.3% improvement[20]. - The company did not receive any cash from the recovery of investments, which was CNY 5,000,000.00 in the previous period[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,286,365,461.55, a decrease of 3.32% from the end of the previous year[2]. - The company's total assets decreased from 2.521 billion CNY at the beginning of the period to 2.438 billion CNY at the end of the period, reflecting a decrease of approximately 3.3%[14]. - The company's total liabilities increased from 856.3 million CNY to 928.9 million CNY, an increase of approximately 8.5%[15]. - Cash and cash equivalents decreased from 204.2 million CNY to 85.3 million CNY, a decline of approximately 58.3%[13]. - The company's equity attributable to shareholders decreased from 1.633 billion CNY to 1.503 billion CNY, a decrease of approximately 8%[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,438, with the largest shareholder, Shanghai Baichuan Changyin Industrial Co., Ltd., holding 35.05% of shares, equating to 56,226,000 shares[7]. - The second largest shareholder, Zhengzhou Zhiliao Entrepreneurship Management Consulting Co., Ltd., holds 4.12% of shares, amounting to 6,615,638 shares[7]. - The total number of restricted shares at the beginning of the period was 71,430,404, with all restricted shares being released during the period, resulting in 0 restricted shares at the end[9]. - The company has no preferred shareholders as indicated in the report[9]. - The largest shareholder, Shanghai Baichuan Changyin Industrial Co., Ltd., has 23,500,000 shares pledged[7]. - The company has a total of 0 shares under lock-up conditions for the top ten shareholders[8]. - The report indicates that there are no changes in the number of shares lent or returned by the top ten shareholders due to margin trading[8]. - The company plans to release all restricted shares on May 27, 2024[9]. - The total number of shares held by the top ten shareholders is significant, with the largest holding representing over 35% of the total shares[7]. - The company has a diverse shareholder base, including both natural persons and corporate entities[8]. Investment Activities - The company acquired 66.80% of Baichuan Environmental Services Co., Ltd. for a total transaction price of 54.108 million CNY, based on an assessed value of 81 million CNY[10]. - The company also plans to acquire 20% of Henan Baichuan Environmental Technology Co., Ltd. for a total transaction price of 8.5 million CNY, with an assessed value of 8.5 million CNY[12]. - As of the report date, Baichuan Environmental Services and Baichuan Environmental Technology have completed the necessary registration changes and are now wholly-owned subsidiaries of the company[12]. Financial Expenses - Financial expenses increased by 71.22% to ¥34,103,139.08 due to higher interest expenses on convertible bonds and loans[6]. - Financial expenses increased to ¥34,103,139.08, up 71.1% from ¥19,917,806.82 in the previous period, primarily due to increased interest expenses[17]. Credit Impairment - The company experienced a 142.74% increase in credit impairment losses, totaling -¥21,781,433.15, attributed to longer aging of receivables[6]. - The company reported a significant increase in credit impairment losses, totaling -¥21,781,433.15, compared to -¥8,973,231.93 in the previous period[17].
百川畅银(300614) - 2024 Q3 - 季度财报