Lanpec(SH:601798)2024-10-28 09:56Financial Performance - The company's operating revenue for Q3 2024 was ¥157,650,551.14, a decrease of 56.10% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was a loss of ¥11,009,870.99, representing a decline of 2,107.91% year-over-year[2] - The net profit attributable to shareholders for the year-to-date period was a loss of ¥20,697,939.60, with no applicable year-over-year comparison[2] - The net loss for the first three quarters of 2024 was CNY -149,039,109.32, compared to CNY -128,341,169.72 in the same period of 2023[13] - The net profit for the third quarter of 2024 was -19,755,750.76 CNY, compared to -51,885,697.02 CNY in the same period of 2023, showing an improvement of approximately 61.96%[16] - The total profit for the third quarter was -19,043,918.11 CNY, a significant reduction from -49,474,957.77 CNY year-over-year, indicating a 61.61% decrease in losses[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,299,411,989.81, down 13.40% from the end of the previous year[3] - The company's total assets decreased to CNY 2,299,411,989.81 in Q3 2024 from CNY 2,655,323,547.39 in Q3 2023, a decline of 13.4%[14] - Current liabilities totaled CNY 918,265,200.43 in Q3 2024, down from CNY 1,291,615,101.51 in Q3 2023, indicating a reduction of 29%[13] - The company's total liabilities decreased to CNY 980,085,696.55 in Q3 2024 from CNY 1,358,181,003.50 in Q3 2023, a decline of 27.8%[13] - The company's cash and cash equivalents were not explicitly detailed, but the total current assets decreased to CNY 1,395,209,779.30 in Q3 2024 from CNY 1,721,261,148.40 in Q3 2023, a decline of 19%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,006, with the largest shareholder holding 22.04% of shares[9] - The largest shareholder, Guoji Asset Management Co., Ltd., holds 78,130,744 shares, representing 22.04% of total shares[9] - There are no significant changes in the shareholding structure of the top ten shareholders compared to the previous period[10] Cash Flow and Operating Activities - The company reported a cash flow from operating activities of ¥119,592,185.29 for the year-to-date period[2] - Cash flow from operating activities for the year-to-date period shows good collection of long-aged receivables, with a decrease in payments for purchased goods[7] - The net cash flow from operating activities for the third quarter was 119,592,185.29 CNY, a turnaround from -15,318,548.13 CNY in the previous year[19] Earnings and Expenses - The company's basic earnings per share for Q3 2024 was -0.031, a decrease of 1,650.00% year-over-year[3] - The basic earnings per share for the current reporting period is -1.650 yuan, reflecting a decrease in delivery and sales revenue, leading to reduced product gross profit[7] - The total operating expenses for the third quarter were 739,105,953.74 CNY, compared to 689,857,700.37 CNY in the same period of 2023, reflecting an increase of about 7.1%[19] - Research and development expenses increased to CNY 36,304,570.75 in 2024 from CNY 32,196,817.02 in 2023, representing a growth of 12.5%[15] Non-Recurring Items - Non-recurring gains and losses for the current period included government subsidies amounting to ¥3,368,004.36[4] - The company incurred a credit impairment loss of 25,278,406.40 CNY in the third quarter, contrasting with a gain of 23,860,542.02 CNY in the previous year[16] Changes in Financial Position - The total equity attributable to shareholders increased by 1.65% to ¥1,306,183,947.69 compared to the end of the previous year[3] - The equity attributable to shareholders increased slightly to CNY 1,306,183,947.69 in Q3 2024 from CNY 1,284,942,387.16 in Q3 2023, an increase of 1.5%[14] - The company reported a decrease in cash and cash equivalents from 247,012,726.96 yuan at the end of 2023 to 189,853,591.36 yuan as of September 30, 2024[11] - Accounts receivable decreased from 676,464,667.03 yuan at the end of 2023 to 483,580,746.95 yuan as of September 30, 2024[11] - The company reported a significant reduction in short-term borrowings, which fell to CNY 250,101,972.22 in Q3 2024 from CNY 443,407,430.56 in Q3 2023, a decrease of 43.6%[12]