Financial Performance - The company's operating revenue for Q3 2024 was ¥90,443,118.05, representing a 27.93% increase year-over-year, while the net profit attributable to shareholders was -¥45,652,338.16, a decrease of 368.07% compared to the same period last year[2]. - The net profit after deducting non-recurring gains and losses for the period was -¥46,695,904.15, reflecting a decline of 258.02% year-over-year[2]. - Revenue for the first nine months of 2024 reached ¥312.62 million, a 68.27% increase compared to ¥185.78 million in the same period of 2023[7]. - Net profit for the first nine months of 2024 was a loss of ¥92.43 million, a 551.59% decline from a loss of ¥14.19 million in the same period of 2023[8]. - The net loss for Q3 2024 was ¥92,430,187.63, worsening from a net loss of ¥14,185,349.21 in Q3 2023[17]. - The total comprehensive income attributable to the parent company was -94,937,295.40 CNY, compared to -15,885,921.24 CNY in the previous year, showing a worsening financial performance[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,617,799,130.56, an increase of 5.78% from the end of the previous year[2]. - The total assets of Xi'an Xice Testing Technology Co., Ltd. as of September 30, 2024, amounted to CNY 1,617,799,130.56, an increase from CNY 1,529,468,409.39 at the beginning of the period[14]. - The total liabilities of the company increased, with accounts payable rising to CNY 146,623,206.04 from CNY 97,018,133.67, a growth of about 51.1%[14]. - Total liabilities increased to ¥508,242,851.69 from ¥336,737,148.02, reflecting a rise of approximately 50.9%[17]. Shareholder Equity - The equity attributable to shareholders decreased by 7.29% to ¥1,087,435,765.09 compared to the end of the previous year[2]. - The total equity attributable to shareholders decreased to ¥1,087,435,765.09 from ¥1,172,968,554.50, a decline of about 7.2%[17]. - The company reported a 95.23% decrease in undistributed profits, dropping to ¥4.75 million from ¥99.54 million, attributed to losses during the reporting period[7]. Cash Flow - The cash flow from operating activities showed a net outflow of -¥137,810,409.85, a decrease of 50.42% compared to the same period last year[2]. - The net cash flow from operating activities was -137,810,409.85 CNY, compared to -91,617,410.62 CNY in the previous period, indicating a decline in operational cash flow[19]. - The company incurred total cash outflows from operating activities of 303,878,038.75 CNY, compared to 236,980,395.89 CNY in the previous period, indicating increased operational expenses[19]. - The net cash flow from financing activities was 148,083,349.40 CNY, a significant increase from 10,838,136.69 CNY in the previous period, reflecting improved financing conditions[19]. Expenses - Operating costs surged by 155.51% to ¥282.61 million, up from ¥110.61 million, primarily due to increased costs in the electronic assembly business[7]. - Financial expenses increased by 816.85% to ¥7.71 million, compared to ¥0.84 million, mainly due to higher bank borrowings[7]. - The financial expenses for the quarter were ¥7,707,202.14, compared to ¥840,618.98 in the previous year, indicating a substantial increase[17]. - The company reported a significant increase in sales expenses, which rose to ¥34,081,579.04 from ¥31,951,830.88, marking an increase of approximately 6.6%[17]. Research and Development - The company reported a 100% increase in development expenditures, amounting to ¥2,678,386.05, due to capitalized R&D expenses during the reporting period[5]. - The company has ongoing research and development efforts, particularly in data resource development, with expenditures amounting to CNY 2,678,386.05[14]. - The company's R&D expenses for the quarter were ¥15,827,592.26, slightly up from ¥15,057,658.25 year-over-year[17]. Other Financial Metrics - The company's basic and diluted earnings per share were both -¥0.54, reflecting a decrease of 350.00% year-over-year[2]. - The company reported a basic and diluted earnings per share of -1.12 CNY, compared to -0.19 CNY in the same period last year, indicating a significant loss per share[18]. - Cash and cash equivalents at the end of the period stood at 243,643,385.26 CNY, down from 296,962,166.22 CNY at the end of the previous period[20].
西测测试(301306) - 2024 Q3 - 季度财报