QIFAN(SH:605222)2024-10-29 08:17Financial Performance - The company's operating revenue for Q3 2024 was ¥6,077,343,174.37, a decrease of 2.65% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥23,134,389.17, representing a significant decline of 85.33% year-on-year[2]. - The basic earnings per share for Q3 2024 was ¥0.06, down 84.21% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 16,365,761,882, a decrease of 3.22% compared to CNY 16,909,552,745.68 in the same period of 2023[16]. - Net profit for the third quarter of 2024 was CNY 210,548,074.70, a decline of 48.0% from CNY 405,964,291.66 in the same quarter of 2023[17]. - The total comprehensive income for the third quarter of 2024 was CNY 210,548,074.70, down from CNY 405,964,291.66 in the same quarter of 2023, reflecting a decrease of 48.0%[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥14,285,817,892.32, an increase of 5.45% from the end of the previous year[3]. - The company's total equity increased to CNY 4,721,420,325.24 in Q3 2024 from CNY 4,576,929,796.05 in Q3 2023, marking a growth of 3.14%[15]. - Total liabilities increased to CNY 9,564,397,567.08 in Q3 2024 from CNY 8,970,661,608.22 in Q3 2023, representing a growth of 6.6%[15]. - Non-current liabilities rose to CNY 1,905,347,993.84 in Q3 2024, up from CNY 1,339,582,248.97 in Q3 2023, indicating a significant increase of 42.2%[15]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥816,193,095.59, indicating a negative cash flow situation[3]. - In the first three quarters of 2024, the cash inflow from operating activities was CNY 18,124,129,157.81, an increase of 3.6% compared to CNY 17,491,938,064.17 in the same period of 2023[19]. - The net cash outflow from operating activities was CNY -816,193,095.59, an improvement from CNY -1,319,819,928.43 in the previous year[20]. - The cash outflow for purchasing goods and services was CNY 16,843,906,970.73, slightly up from CNY 16,737,867,313.41 in 2023[20]. - The net cash flow from investing activities was CNY -328,600,259.76, worsening from CNY -192,957,688.45 in the previous year[20]. - Cash inflow from financing activities was CNY 3,639,600,000.00, down from CNY 4,207,500,000.00 in 2023[21]. - The net cash flow from financing activities was CNY -509,224,001.74, a decline from CNY 706,598,181.71 in the previous year[21]. Shareholder Information - The company has a total of 15,691 common shareholders at the end of the reporting period[8]. - The company received CNY 893,403.91 in tax refunds, significantly higher than CNY 25,706.12 in the same period last year[19]. Investments and Projects - The company plans to invest in the Pingtan submarine cable base project, with construction expected to start in February 2024[10].