Dcenti(SH:603335)2024-10-28 10:15Financial Performance - The company's operating revenue for Q3 2024 was ¥234,687,175.79, a decrease of 48.13% compared to the same period last year[2]. - The net profit attributable to shareholders for the same period was -¥41,779,996.23, with a year-to-date net profit of -¥69,277,741.18[2]. - The basic earnings per share for Q3 2024 was -¥0.10, compared to -¥0.16 for the same period last year[4]. - Total operating revenue for the first three quarters of 2024 was CNY 814,172,698.28, a decrease of 41.4% compared to CNY 1,391,333,705.70 in the same period of 2023[19]. - Operating profit for the first three quarters of 2024 was CNY -106,908,383.24, an improvement from CNY -162,570,906.17 in the same period of 2023[19]. - The company reported a net loss of CNY 154,454,962.93 for the first three quarters of 2024, compared to a net loss of CNY 85,177,221.75 in the same period of 2023[17]. - The total profit for Q3 2024 was a loss of ¥108,570,869.64, compared to a loss of ¥163,202,275.33 in Q3 2023, indicating an improvement of approximately 33.5% year-over-year[20]. - The net profit attributable to shareholders of the parent company was a loss of ¥69,277,741.18, compared to a loss of ¥89,737,559.88 in the same period last year, reflecting a year-over-year improvement of about 22.9%[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,443,932,448.79, a decrease of 9.00% from the end of the previous year[4]. - The equity attributable to shareholders decreased by 15.32% to ¥340,230,531.37 compared to the end of the previous year[4]. - Total liabilities as of the end of the third quarter of 2024 were CNY 939,355,109.68, down from CNY 1,022,270,333.58 at the end of the previous year[17]. - Current liabilities totaled CNY 772,743,022.23, down from CNY 830,358,967.37 in the previous year[17]. - The company's equity attributable to shareholders was CNY 340,230,531.37, down from CNY 401,804,209.55 in the previous year[17]. Cash Flow and Investments - The cash flow from operating activities for the year-to-date period was ¥84,907,597.62, reflecting improved cash management strategies[2]. - The net cash flow from operating activities for the first three quarters of 2024 was ¥84,907,597.62, compared to a negative cash flow of ¥10,261,526.38 in the same period of 2023, showing a significant turnaround[23]. - The net cash flow from investing activities was a loss of ¥83,455,792.12 for the first three quarters of 2024, compared to a loss of ¥169,774,265.91 in the same period of 2023, indicating a reduction in losses[23]. - The company raised ¥31,213,072.80 from investments in Q3 2024, compared to ¥71,469,200.00 in the same period last year, showing a decline in investment inflows[23]. - The company's total cash inflow from financing activities was ¥434,343,144.66 in Q3 2024, down from ¥533,444,883.64 in Q3 2023, indicating a decrease of approximately 18.6%[23]. Shareholder Information - The total number of circulating shares held by the top 10 unrestricted shareholders amounts to 254,000,000 shares, with 江门力鸿投资有限公司 holding the largest share of 119,343,500 shares, representing 46.9% of the total[12]. - The actual controllers of the company hold a combined indirect stake of 47.84% through various entities[13]. - The top shareholder, 江门力鸿投资有限公司, is controlled by the actual controller Zhao Ruizhen, who holds 70% of its shares[13]. Operational Strategies - The company reported a significant decline in revenue due to a drop in product prices and adverse global economic conditions, leading to a promotional pricing strategy[8]. - The company has implemented cautious operational strategies in response to market volatility, affecting production capacity and costs[8]. Current Assets and Inventory - As of September 30, 2024, the company's total current assets decreased to RMB 582,171,674.53 from RMB 730,692,539.17 at the end of 2023, reflecting a decline of approximately 20.3%[15]. - The company's cash and cash equivalents decreased from RMB 103,539,943.89 at the end of 2023 to RMB 49,073,229.26, a reduction of about 52.7%[15]. - The accounts receivable increased significantly to RMB 120,132,858.00 from RMB 79,191,220.32, marking an increase of approximately 51.7%[15]. - The inventory decreased from RMB 350,793,101.62 to RMB 283,317,462.67, indicating a decline of about 19.2%[15]. Non-Recurring Gains and Losses - Non-recurring gains and losses included government subsidies amounting to ¥126,200.00 for the current period[5]. - The company has provided guarantees totaling RMB 32,504.65 million, which accounts for 80.90% of the latest audited net assets[14]. - The company plans to provide a guarantee limit of up to RMB 650 million for its subsidiaries, as approved in the board meeting held on November 29, 2023[14]. - The company has no overdue guarantees and has not provided guarantees for shareholders or related parties[14].