Financial Performance - Revenue for Q3 2024 was CNY 275,224,031.40, a decrease of 11.64% year-over-year, and year-to-date revenue was CNY 827,730,115.22, down 6.60% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2024 was a loss of CNY 1,015,986.41, a decline of 117.64% year-over-year, while year-to-date net profit was CNY 14,079,134.06, down 65.05% compared to the previous year[2]. - Total operating revenue for Q3 2024 was ¥827,730,115.22, a decrease of 6.6% compared to ¥886,220,796.85 in the same period last year[14]. - Net profit for Q3 2024 was CNY 14,079,134.06, a decrease of 65.1% compared to CNY 40,281,376.22 in Q3 2023[15]. - Operating profit for Q3 2024 was CNY 7,058,512.06, down 82.7% from CNY 40,779,911.36 in the same period last year[15]. - Total profit for Q3 2024 was CNY 6,664,524.10, a decline of 83.6% compared to CNY 40,595,033.14 in Q3 2023[15]. - The company reported a decrease in sales revenue from CNY 970,585,820.45 in Q3 2023 to CNY 898,889,975.99 in Q3 2024, representing a decline of approximately 7.4%[16]. - Basic and diluted earnings per share for Q3 2024 were both CNY 0.16, down from CNY 0.46 in Q3 2023[15]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was CNY 16,232,976.82, an increase of 120.61% compared to the same period last year[6]. - The company experienced a 163.41% increase in cash flow from investing activities, totaling CNY 78,414,629.49, attributed to the redemption of structured deposits[6]. - Cash flow from operating activities generated a net inflow of CNY 16,232,976.82, contrasting with a net outflow of CNY 78,746,103.49 in Q3 2023[16]. - Cash flow from investing activities showed a net inflow of CNY 78,414,629.49, compared to a net outflow of CNY 123,664,107.67 in the previous year[16]. - The total cash and cash equivalents at the end of Q3 2024 amounted to CNY 427,985,536.63, an increase from CNY 397,934,748.39 at the end of Q3 2023[16]. Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 2,295,049,195.93, a decrease of 4.03% from the end of the previous year[2]. - Total current assets decreased to approximately CNY 1.94 billion from CNY 2.09 billion, indicating a decline of about 6.9%[11]. - The company’s total equity attributable to shareholders decreased by 1.82% to CNY 2,078,653,074.41 compared to the end of the previous year[2]. - Total liabilities decreased to ¥216,396,121.52 from ¥274,229,106.79, a reduction of 21.1%[13]. - Non-current assets increased to ¥351,257,254.11 from ¥301,957,579.48, representing a growth of 16.3%[13]. Shareholder Activities - The company repurchased a total of 420,300 shares, accounting for 0.48% of the total share capital, with a total expenditure of approximately CNY 11.33 million[10]. - The maximum repurchase price was adjusted to CNY 44.53 per share after the 2023 annual equity distribution[10]. - The company plans to use CNY 25 million to CNY 50 million for share repurchase through centralized bidding within 12 months[10]. Other Financial Metrics - The company reported a significant increase in accounts receivable by 260.59%, reaching CNY 2,183,791.35, primarily due to an increase in received but not yet due bills[6]. - The company reported a significant increase in credit impairment losses, which rose by 111.06% to CNY -5,855,997.21, due to higher provisions for bad debts[6]. - The company incurred a foreign exchange loss of CNY 519,654.46 in Q3 2024, compared to a gain of CNY 1,405,127.36 in Q3 2023[15]. - The company’s inventory decreased significantly from CNY 201.54 million to CNY 150.69 million, representing a reduction of approximately 25.2%[11]. - The company’s other receivables increased from CNY 14.54 million to CNY 17.40 million, reflecting a growth of about 19.9%[11]. - The company’s prepayments decreased significantly from CNY 23.04 million to CNY 9.60 million, a decline of approximately 58.3%[11]. Future Outlook - The company plans to continue investing in new product development and market expansion strategies to drive future growth[12]. - The company is exploring potential mergers and acquisitions to enhance its market position and product offerings[12].
优宁维(301166) - 2024 Q3 - 季度财报