红蜻蜓(603116) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was CNY 509,311,615.91, a decrease of 18.58% compared to the same period last year[2] - Net profit attributable to shareholders was CNY -34,456,133.51, with a year-to-date net profit of CNY -12,498,847.15[2] - Basic and diluted earnings per share were both CNY -0.06, reflecting a decrease due to reduced net profit[3] - Total operating revenue for the first three quarters of 2024 was CNY 1,669,198,833.50, a decrease of 10.67% compared to CNY 1,869,321,558.21 in the same period of 2023[12] - In Q3 2024, the company reported a net profit of -15,913,645.21 RMB, a significant decline compared to a net profit of 45,573,158.39 RMB in Q3 2023[13] - Operating profit for Q3 2024 was -12,430,691.68 RMB, down from 70,276,023.76 RMB in the same period last year[13] - The company reported a decrease in total profit to -5,057,896.21 RMB in Q3 2024, compared to 75,593,246.25 RMB in Q3 2023[13] - Basic and diluted earnings per share were both -0.02 RMB in Q3 2024, compared to 0.08 RMB in Q3 2023[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,924,256,090.07, down 10.02% from the end of the previous year[3] - Total assets as of September 30, 2024, amounted to CNY 3,924,256,090.07, down from CNY 4,361,489,529.00 at the end of 2023[11] - Total liabilities decreased to CNY 881,973,077.82 from CNY 1,158,064,032.31 at the end of 2023, representing a reduction of 23.83%[11] - The company’s non-current assets totaled CNY 1,486,684,647.51, a slight decrease from CNY 1,496,809,765.77 at the end of 2023[10] - Long-term equity investments were CNY 76,843,629.24, slightly down from CNY 78,528,477.96 at the end of 2023[10] Cash Flow - Cash flow from operating activities was CNY -51,571,999.84, primarily due to decreased revenue and reduced customer payments[5] - The company experienced a net cash outflow from operating activities of -36,868,985.37 RMB in Q3 2024, compared to a net inflow of 212,824,235.30 RMB in Q3 2023[16] - Investment activities resulted in a net cash outflow of -205,527,149.66 RMB in the first three quarters of 2024, contrasting with a net inflow of 142,138,995.82 RMB in the same period of 2023[16] - The net cash flow from financing activities was -374,360,445.71, compared to -218,688,273.55 in the previous period, indicating a significant increase in cash outflow[17] - Cash and cash equivalents at the end of the period totaled 1,049,005,280.31, down from 1,770,364,065.87 in the previous period, reflecting a decrease of approximately 40.7%[17] - The company reported a net decrease in cash and cash equivalents of -616,781,406.90, contrasting with a net increase of 136,274,957.57 in the previous period[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,426[6] - The largest shareholder, Hongqiao Group Co., Ltd., held 43.64% of the shares[6] Future Outlook - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[2] Other Financial Metrics - Cash and cash equivalents as of September 30, 2024, were CNY 1,062,801,459.11, a decline of 38.24% from CNY 1,721,327,424.53 at the end of 2023[9] - The company's inventory increased to CNY 536,549,046.65 as of September 30, 2024, compared to CNY 494,206,780.90 at the end of 2023, reflecting an increase of 8.56%[9] - The company reported a net profit of CNY 1,460,073,649.80 in retained earnings, down from CNY 1,586,111,161.35 at the end of 2023, a decrease of 7.94%[11] - The company’s short-term borrowings significantly decreased to CNY 18,802,922.22 from CNY 153,809,366.62 at the end of 2023, a reduction of 87.77%[10] - The company’s financial expenses decreased to -26,625,996.91 RMB in Q3 2024 from -28,583,172.90 RMB in Q3 2023[13] - Research and development expenses were 23,497,457.59 RMB in Q3 2024, slightly down from 23,625,096.15 RMB in Q3 2023[13] - The company’s other comprehensive income after tax was -24,826.16 RMB in Q3 2024, reflecting a decline from the previous year[14] - Cash outflow for debt repayment was 455,000,000.00, slightly up from 430,000,000.00, indicating a 5.8% increase in debt servicing costs[17] - The cash outflow for dividend distribution and interest payments was 116,582,910.94, down from 211,318,457.42, showing a reduction of approximately 44.8%[17] - The impact of exchange rate changes on cash and cash equivalents was -24,826.16, indicating a minor negative effect[17] - The total cash outflow from financing activities was 697,360,445.71, compared to 723,688,273.55 in the prior period, reflecting a decrease of about 3.6%[17] - The beginning cash and cash equivalents balance was 1,665,786,687.21, slightly up from 1,634,089,108.30 in the previous period[17]