WSBE(SH:600421)2024-10-29 08:57Financial Performance - The company's operating revenue for Q3 2024 was ¥32,201,173.67, a decrease of 2.96% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥587,453.05, while the net profit for the year-to-date period was -¥2,751,579.21, indicating a significant decline[2] - The weighted average return on equity for Q3 2024 was 6.28%, compared to -24.99% for the same period last year[4] - Total operating revenue for the first three quarters of 2024 was ¥76,637,441.20, a decrease of 15% compared to ¥90,117,257.55 in the same period of 2023[15] - Total operating costs for the first three quarters of 2024 were ¥80,086,717.48, down 12% from ¥90,978,500.82 in the previous year[15] - Net profit for the first three quarters of 2024 was -¥650,102.59, an improvement from -¥1,687,101.87 in the same period of 2023[16] - Total profit for the first three quarters of 2024 was -¥584,858.73, an improvement from -¥1,283,717.91 in the same period of 2023[16] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥2,932,505.84, which is a deterioration of 1,104.15% compared to the previous year[6] - Cash flow from operating activities for the first three quarters of 2024 was -¥2,932,505.84, compared to a positive cash flow of ¥292,039.71 in the first three quarters of 2023[17] - The net cash outflow from operating activities increased to ¥97,255,786.89 in 2024 from ¥92,009,070.14 in 2023[17] - The net cash flow from investment activities was 10,459,518.01, compared to a negative cash flow of -16,512,946.95 in the previous period[18] - Total cash inflow from financing activities amounted to 53,700,000.00, an increase from 45,070,040.00 in the prior period[18] - The net cash flow from financing activities was -4,562,817.18, a decrease from 18,978,728.37 in the previous period[18] Assets and Liabilities - Total assets at the end of Q3 2024 amounted to ¥151,666,700.01, reflecting a 4.97% increase from the end of the previous year[4] - As of September 30, 2023, the total assets of Hubei Huaron Holdings Co., Ltd. amounted to CNY 151.67 billion, an increase from CNY 144.48 billion at the end of 2022, reflecting a growth of approximately 5.5%[12] - The company's current assets totaled CNY 124.91 billion, slightly down from CNY 130.92 billion at the end of 2022, indicating a decrease of about 4.3%[12] - The total liabilities increased to CNY 113.72 million from CNY 105.11 million, marking a rise of about 8.3%[13] - The company's equity attributable to shareholders decreased to CNY 9.22 million from CNY 12.80 million, a decline of approximately 28.5%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,053, with the top ten shareholders holding significant stakes[8] - Zhejiang Hengshun Investment Co., Ltd. held 19.50% of the shares, while Wuhan New Generation Technology Co., Ltd. held 17.50%[8] Other Income and Expenses - The company reported non-operating income of ¥1,037,708.43 for Q3 2024, contributing to a total of ¥268,102.57 in non-recurring gains[5] - The company recorded a significant increase in other income to ¥1,221,014.52 from ¥187,465.74 in the previous year[15] - Research and development expenses for the first three quarters of 2024 were ¥4,284,499.93, slightly down from ¥4,510,289.68 in the same period of 2023[15] - The company reported a decrease in tax and additional charges to ¥168,731.96 from ¥326,310.80 year-over-year[15] Inventory and Receivables - Accounts receivable decreased to CNY 65.79 million from CNY 77.13 million, a decline of about 14.7%[10] - Inventory rose to CNY 22.07 million from CNY 10.93 million, showing an increase of approximately 101.1%[12]