莱茵体育(000558) - 2024 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2024 was ¥24,285,590.22, an increase of 21.26% compared to the same period last year[2] - Net profit attributable to shareholders was -¥16,403,907.11, representing a 23.69% increase in losses year-over-year[2] - Basic earnings per share were -¥0.0127, a decrease of 23.95% compared to the same period last year[2] - Operating revenue for the first nine months of 2024 was CNY 133.64 million, a decrease of 37.17% compared to CNY 212.71 million in the same period of 2023[6] - Total operating revenue for the current period is ¥133,641,391.70, a decrease of 37.1% compared to ¥212,708,229.28 in the previous period[24] - The net profit for the current period is a loss of ¥5,425,988.88, compared to a profit of ¥407,772.89 in the previous period[25] - The total comprehensive income for the current period is a loss of ¥5,425,988.88, compared to a profit of ¥407,772.89 in the previous period[25] Cash Flow - The net cash flow from operating activities was -¥34,224,343.23, a decline of 153.09% compared to the previous year[2] - Cash flow from operating activities is ¥200,583,495.33, a decrease of 28.1% from ¥278,985,956.79 in the previous period[27] - The company reported a net cash outflow from operating activities of ¥34,224,343.23, contrasting with a net inflow of ¥64,470,763.35 in the previous period[27] - Net cash flow from investing activities was CNY -37.86 million, a 336.71% increase in outflows compared to CNY -8.67 million in 2023[6] - Cash inflow from financing activities totaled ¥125,000,000, compared to ¥26,194,996.70 in the previous period, indicating a significant increase[28] - Net cash flow from financing activities was ¥91,008,421.80, a turnaround from a negative cash flow of ¥119,321,630.48 in the previous period[28] - The ending balance of cash and cash equivalents was ¥185,219,621.46, up from ¥166,293,370.84 at the beginning of the period[28] - The net increase in cash and cash equivalents for the period was ¥18,926,250.62, contrasting with a decrease of ¥63,519,740.45 in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,998,185,618.14, reflecting a 4.90% increase from the previous year-end[2] - As of the end of Q3 2024, the company's total assets amounted to RMB 2,096,164,408.45, an increase from RMB 1,998,185,618.14 at the beginning of the period[22] - The company's current assets totaled RMB 446,179,398.67, up from RMB 357,704,067.06 at the beginning of the period, reflecting a growth of approximately 24.7%[21] - The total liabilities of the company reached RMB 819,139,488.43, compared to RMB 726,219,928.89 at the beginning of the period, representing an increase of about 12.8%[22] - The company's long-term borrowings rose to RMB 433,783,600.00 from RMB 353,680,400.00, marking an increase of approximately 22.7%[22] Investments and Strategic Moves - The company signed a strategic cooperation agreement with the Chengdu Pidu District Film City Management Committee on July 17, 2024, focusing on the integration of cultural tourism and film industry[10] - The company approved the purchase of a 40% equity stake in Mushan Times Cultural Communication Co., Ltd. for RMB 6.684 million on August 2, 2024, enhancing its industry layout[12] - The company completed the registration of the equity transfer and now holds a 40% stake in Mushan Company, making it a subsidiary[13] - The company was selected as a candidate for a project to manage operations at the Xiling Snow Mountain Scenic Area, with the announcement made on August 9, 2024[14] - The company signed a contract for the operation management of the Xiling Snow Mountain Scenic Area on September 1, 2024, following the successful bid[16] Financial Management - The company applied for a working capital loan of RMB 300 million from Chengdu Rural Commercial Bank at an interest rate of 4.16%, with a two-year term, to support its film and tourism business[17] - The indirect controlling shareholder provided a full guarantee for the loan, charging a guarantee fee at an annualized rate of 0.701%[17] - The company signed multiple agreements with Chengdu Rural Commercial Bank regarding the loan and guarantee arrangements on September 26, 2024[18] - The company provided a guarantee for its wholly-owned subsidiary, Hangzhou Laijun Investment Management Co., Ltd., to apply for a comprehensive credit facility from Nanjing Bank with a maximum amount of RMB 110 million and an interest rate not exceeding 4.95%[19] - The company has signed a maximum guarantee contract and a fixed asset loan contract with Nanjing Bank, indicating ongoing financial activities to support its subsidiary[20] Other Financial Metrics - The weighted average return on equity was -1.52%, a decline of 4.83% compared to the previous year[2] - Tax and additional charges dropped by 80.07% to CNY 3.70 million from CNY 18.56 million year-on-year, primarily due to the absence of property sales revenue this year[6] - Financial expenses decreased by 57.49% to CNY 2.86 million, attributed to a reduction in outstanding loans[6] - Investment income turned negative at CNY -421.61 thousand, a decline of 134.54% from CNY 1.22 million in the previous year, mainly due to operational losses at Huanglong Company[6] - The gross profit margin for the current period is approximately -5.4%, compared to a positive margin in the previous period[24] - The company recorded a significant increase in other income, totaling ¥4,301,600.92, compared to ¥525,257.96 in the previous period[25] Shareholder Information - The company’s major shareholder, Chengdu Sports Industry Investment Group, holds 29.90% of shares, amounting to 385,477,961 shares[7] - The company’s subsidiary, Chengdu Cultural Tourism Development Co., Ltd., plans to voluntarily apply for termination of its stock listing on the National Equities Exchange and Quotations[8] - The company submitted an application to terminate its listing on the National Equities Exchange and Quotations on June 26, 2024, and received acceptance on June 27, 2024[9] Audit and Reporting - The company’s third-quarter report was not audited, which may affect the reliability of the financial data presented[28]