通源环境(688679) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥395,444,641.02, a decrease of 4.39% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥3,925,667.44, down 58.62% year-on-year[2] - The basic earnings per share for Q3 2024 was ¥0.03, a decline of 57.14% compared to the previous year[3] - Net profit for the third quarter of 2024 was CNY 7,816,210.44, a significant decrease from CNY 26,355,058.33 in the same quarter of 2023, reflecting a decline of about 70.3%[16] - The net profit attributable to shareholders for the year-to-date period decreased by 75.57% compared to the same period last year[6] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥2,874,380,788.92, representing an increase of 4.27% from the end of the previous year[3] - The company's total liabilities increased to CNY 1,736,534,113.97 in Q3 2024, compared to CNY 1,621,899,584.84 in Q3 2023, marking an increase of approximately 7.1%[14] - The company's total current assets amount to approximately CNY 2.03 billion, an increase from CNY 1.92 billion in the previous period, reflecting a growth of about 5.5%[12] - The total assets of the company reached CNY 2.87 billion, up from CNY 2.76 billion, showing a growth of approximately 4.5%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 3,638[7] - The largest shareholder, Yang Ming, holds 59,385,600 shares, representing 45.10% of the total shares[9] - The company has not reported any significant changes in shareholder relationships or actions among the top ten shareholders[10] Research and Development - Research and development expenses totaled ¥13,841,123.89, accounting for 3.50% of operating revenue, an increase of 0.16 percentage points[3] - Research and development expenses for the first three quarters of 2024 amounted to CNY 36,309,045.77, a decrease from CNY 39,709,273.19 in the same period of 2023, indicating a reduction of about 6.1%[15] Cash Flow - The net cash flow from operating activities for Q3 2024 was not applicable due to increased cash payments for goods and services[6] - The total cash inflow from operating activities for the first three quarters of 2024 was CNY 913,725,388.05, an increase of 10.7% compared to CNY 825,403,625.99 in the same period of 2023[19] - The net cash flow from operating activities was -CNY 162,773,293.79, worsening from -CNY 91,167,741.85 year-over-year[19] - Cash inflow from investment activities totaled CNY 73,303,379.60, significantly higher than CNY 2,582,946.65 in the same period last year[19] - The net cash flow from investment activities was -CNY 31,449,043.43, slightly improved from -CNY 33,161,232.13 year-over-year[19] - Cash inflow from financing activities was CNY 200,000,000.00, compared to CNY 90,310,000.00 in the previous year, marking a 121% increase[20] - The net cash flow from financing activities was CNY 129,276,145.99, a significant increase from CNY 24,587,762.92 in the same period last year[20] - The ending cash and cash equivalents balance was CNY 175,285,568.08, down from CNY 268,989,498.00 year-over-year[20] - The company experienced a net decrease in cash and cash equivalents of -CNY 64,946,191.23, an improvement from -CNY 99,741,211.06 in the same period last year[20] Operational Challenges - The company faced significant challenges including increased depreciation expenses and higher bad debt provisions due to lower customer payments[6] - The company has not identified any other important information regarding its operational performance during the reporting period[11] Other Financial Metrics - The weighted average return on net assets for Q3 2024 was 0.34%, a decrease of 0.51 percentage points year-on-year[3] - Non-recurring gains and losses for Q3 2024 totaled ¥470,002.82, with a year-to-date total of ¥2,167,965.66[5] - The total cost of operations for the first three quarters of 2024 was CNY 1,005,514,491.47, up from CNY 988,621,859.84 in the same period of 2023, which is an increase of approximately 1.4%[15] - The company reported a significant increase in tax expenses, which rose to CNY 5,609,848.32 in Q3 2024 from CNY 3,949,953.49 in Q3 2023, reflecting an increase of about 42%[15] - Basic earnings per share for Q3 2024 were CNY 0.05, down from CNY 0.21 in Q3 2023, representing a decline of approximately 76.2%[17] - The company's total equity increased to CNY 1,137,846,674.95 in Q3 2024, compared to CNY 1,134,848,740.98 in Q3 2023, showing a slight increase of about 0.26%[14]