Financial Performance - The company's operating revenue for Q3 2024 was ¥160,832,171, a decrease of 19.45% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was a loss of ¥6,226,277.61, representing a decline of 165.49% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was a loss of ¥6,010,316.52, a decrease of 284.35% compared to the same period last year[2]. - The basic and diluted earnings per share for Q3 2024 were both -¥0.0482, reflecting a decline of 165.49% year-on-year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 404,922,675.82, a decrease of 14.87% compared to CNY 475,681,483.54 in the same period of 2023[17]. - The net profit for the first three quarters of 2024 was a loss of CNY 12,253,438.13, compared to a profit of CNY 20,451,180.80 in the same period of 2023[19]. - Basic and diluted earnings per share for the first three quarters of 2024 were both CNY -0.0949, compared to CNY 0.1583 in 2023[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,056,399,431.90, a decrease of 14.26% compared to the end of the previous year[3]. - The equity attributable to shareholders at the end of the reporting period was ¥762,722,624.07, down 2.76% from the end of the previous year[3]. - The total liabilities as of the reporting date were CNY 293,676,807.83, compared to CNY 447,769,559.48 in the previous year, indicating a decrease of 34.39%[16]. - The total equity attributable to shareholders was CNY 762,722,624.07, down from CNY 784,332,796.23 in 2023, a decline of 2.93%[16]. - The company’s total liabilities decreased, with a notable reduction in accounts payable and short-term borrowings, indicating improved financial management[14]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥947,785.3[3]. - In the first three quarters of 2024, the cash inflow from operating activities totaled ¥519,539,500.38, a decrease of 8.4% compared to ¥567,298,229.10 in the same period of 2023[21]. - The net cash flow from operating activities for the first three quarters of 2024 was ¥947,785.30, a significant improvement from a net outflow of ¥69,501,966.23 in the first three quarters of 2023[22]. - Cash inflow from investment activities in the first three quarters of 2024 was ¥283,567,711.56, down 33.2% from ¥423,943,853.15 in the same period of 2023[22]. - The net cash flow from investment activities for the first three quarters of 2024 was ¥84,110,605.60, compared to a net outflow of ¥96,526,239.56 in the first three quarters of 2023[22]. - The net cash flow from financing activities for the first three quarters of 2024 was -¥144,921,030.97, compared to a net inflow of ¥63,570,008.28 in the first three quarters of 2023[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,843[8]. - The company reported a total of 72,000,000 shares held by the largest shareholder, 法狮龙投资控股有限公司, representing a significant portion of the total shares[11]. - The company approved a share repurchase plan with a total fund of no less than RMB 40 million and no more than RMB 70 million, with a maximum repurchase price of RMB 20 per share[12]. - The company has not implemented any share repurchase as of September 30, 2024, despite the approval of the plan[12]. Cost Management - The company experienced a significant decline in gross profit margin due to reduced revenue and increased costs[6]. - Total operating costs for the first three quarters of 2024 were CNY 420,326,137.98, down from CNY 457,934,708.55 in 2023, reflecting a reduction of 8.22%[17]. - Research and development expenses for the first three quarters of 2024 were CNY 18,658,629.11, down 21.66% from CNY 23,807,810.23 in 2023[17]. - Sales expenses decreased to CNY 43,851,393.89 in 2024 from CNY 59,410,125.20 in 2023, a reduction of 26.33%[17]. Investment Performance - The company reported a financial income of CNY 4,218,721.52 for the first three quarters of 2024, an increase from CNY 1,447,142.34 in 2023[17]. - The company experienced an investment loss of CNY 639,851.40 in 2024, contrasting with a profit of CNY 9,667,648.94 in the same period of 2023[17].
法狮龙(605318) - 2024 Q3 - 季度财报