IBR(SZ:300675)2024-10-28 11:17Financial Performance - The company's operating revenue for Q3 2024 was ¥96,078,539.48, a decrease of 6.93% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥6,045,855.16, representing a significant decline of 495.66% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥6,339,949.78, a decrease of 137.17% compared to the previous year[2]. - Total operating revenue for the third quarter was CNY 248,391,408.86, a decrease of 6.3% compared to CNY 265,138,863.19 in the same period last year[14]. - Net profit for the period was CNY -32.39 million, compared to CNY -40.06 million in the previous period, showing an improvement of approximately 19.93%[16]. - The total comprehensive loss for the period was CNY -32.39 million, compared to CNY -40.06 million in the previous period, indicating a reduction of approximately 19.93%[16]. - Basic and diluted earnings per share were both CNY -0.2351, compared to CNY -0.2946 in the previous period[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,384,194,264.32, down 3.44% from the end of the previous year[2]. - The equity attributable to shareholders decreased to ¥568,488,376.55, a decline of 6.56% compared to the previous year[2]. - Accounts receivable increased to CNY 402,805,661.86 from CNY 359,374,979.83, reflecting a growth of 12.1%[12]. - Short-term borrowings rose to CNY 295,643,135.81, up from CNY 230,493,794.68, indicating an increase of 28.3%[13]. - Other payables decreased significantly to CNY 7,838,359.45 from CNY 23,242,829.09, a reduction of 66.3%[13]. - Total liabilities decreased slightly to CNY 788,731,412.32 from CNY 799,831,099.05, a decrease of 1.4%[13]. - Non-current liabilities decreased to CNY 232,620,012.84 from CNY 257,594,226.97, a decline of 9.7%[13]. - The company reported a decrease in retained earnings to CNY 256,088,150.29 from CNY 296,436,779.78, a drop of 13.6%[13]. - The total equity attributable to shareholders decreased to CNY 568,488,376.55 from CNY 608,415,133.30, a decline of 6.6%[13]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥66,969,288.68, a decrease of 2.40% year-to-date[2]. - Cash inflow from operating activities totaled CNY 213.80 million, down from CNY 273.50 million, a decrease of about 21.76%[17]. - The company recorded a net cash outflow of CNY 146.87 million for employee payments, down from CNY 198.23 million, a decrease of about 26.00%[17]. - The net cash flow from operating activities was -$66,969,288.68, compared to -$65,400,624.54 in the previous period, indicating a slight increase in cash outflow[18]. - Cash outflow from operating activities totaled $280,767,745.48, down from $338,903,865.84 in the previous period[18]. - Cash inflow from financing activities reached $282,103,236.19, an increase from $194,480,000.00 in the previous period[18]. - The net cash flow from financing activities improved to $36,597,280.18, compared to $20,990,398.56 in the previous period[18]. - The ending cash and cash equivalents balance was $95,279,750.91, up from $60,953,871.91 in the previous period[18]. Expenses and Investments - The company reported a 37.04% decrease in selling expenses, attributed to a focus on key customers and projects[7]. - Total operating costs decreased to CNY 265.68 million from CNY 311.10 million, a reduction of approximately 14.58%[15]. - Research and development expenses decreased to CNY 26.75 million from CNY 29.89 million, a decline of about 10.73%[15]. - Sales expenses decreased to CNY 16.98 million from CNY 26.97 million, a reduction of approximately 37.06%[15]. - The company reported a net investment loss of CNY -6.56 thousand, an improvement from CNY -820.84 thousand in the previous period[15]. - The company experienced a 67.95% decrease in net cash flow from investing activities, primarily due to payments for future construction settlements[7]. - The net cash flow from investing activities was -$38,246,103.09, worsening from -$22,772,733.03 in the previous period[18]. - Cash outflow for the acquisition of fixed assets and intangible assets was $45,615,460.35, compared to $23,770,398.96 in the previous period[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,637, with the largest shareholder, Shenzhen Capital Operation Group Co., Ltd., holding 42.86% of shares[8]. - The top ten shareholders hold a total of 62,857,143 shares, representing a significant portion of the company's equity[8]. - The company has not reported any changes in the participation of the top ten shareholders in margin trading activities[9]. - There are no reported changes in the status of restricted shares during the reporting period[9]. Governance and Corporate Actions - The company completed the election of the board of directors and supervisory board on July 10, 2024, which is a significant governance change[9]. - The company plans to publicly transfer 40% of its stake in Hubei Jiansheng Engineering Technology Consulting Co., Ltd. as approved in the extraordinary general meeting on August 2, 2024[9]. - The company has agreed to acquire a 36% stake in Green Research Institute, with the transaction signed on August 29, 2024[9]. - The company’s board secretary has changed to Ms. Yao Pei, who is also the deputy general manager, effective after the reporting period[10]. - The company’s financial assets and liabilities will be detailed in the upcoming financial reports, reflecting ongoing financial health assessments[11].