Youon(SH:603776)2024-10-29 09:38Financial Performance - The company's operating revenue for Q3 2024 was ¥128,988,218.40, a decrease of 3.87% compared to the same period last year[2]. - The net profit attributable to shareholders for the same period was -¥22,127,600.73, reflecting a decline of 2.01% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥24,659,075.10, an increase of 6.34% compared to the previous year[2]. - Total operating revenue for the first three quarters of 2024 was CNY 374,404,130.23, a decrease of 8.7% compared to CNY 410,239,602.42 in the same period of 2023[15]. - Operating profit for the first three quarters of 2024 was CNY -19,480,585.38, compared to a profit of CNY 14,132,171.24 in the same period of 2023[15]. - Net profit for the first three quarters of 2024 was CNY -20,853,891.56, a decline from CNY 12,441,528.31 in the previous year[15]. - The net profit for Q3 2024 was -27,376,056.92 RMB, a significant decline compared to a net profit of 10,113,606.59 RMB in Q3 2023, representing a year-over-year decrease of approximately 371%[16]. - The total comprehensive income for Q3 2024 was -29,927,011.75 RMB, compared to 10,200,358.01 RMB in the same period last year, indicating a decline of about 393%[16]. - The basic and diluted earnings per share for Q3 2024 were both -0.13 RMB, down from 0.05 RMB in Q3 2023[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,477,097,153.51, down 1.92% from the end of the previous year[3]. - The total assets as of the end of Q3 2024 were CNY 4,477,097,153.51, down from CNY 4,564,900,970.67 at the end of Q3 2023[14]. - The total liabilities as of the end of Q3 2024 were CNY 1,409,684,737.19, an increase from CNY 1,381,261,869.69 in the previous year[14]. - The company's total equity decreased to CNY 3,067,412,416.32 from CNY 3,183,639,100.98 year-over-year[14]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥119,239,558.98, a decrease of 33.40% compared to the previous year[2]. - Cash flow from operating activities for the first nine months of 2024 was 119,239,558.98 RMB, a decrease of approximately 33.5% from 179,048,835.16 RMB in the same period of 2023[17]. - Cash inflow from investment activities for the first nine months of 2024 was 207,313,073.19 RMB, down 56.6% from 478,462,339.92 RMB in the same period of 2023[18]. - The net cash flow from investment activities for the first nine months of 2024 was -88,261,909.05 RMB, compared to -482,879,305.80 RMB in the same period last year, showing an improvement[18]. - The net cash flow from financing activities for Q3 2024 was -94,757,272.56 RMB, compared to -34,714,764.44 RMB in Q3 2023, indicating a worsening situation[18]. - The cash and cash equivalents at the end of Q3 2024 were 214,888,680.62 RMB, an increase from 192,703,974.25 RMB at the end of Q3 2023[18]. Current Assets - As of September 30, 2024, the total current assets amounted to approximately CNY 3.71 billion, a decrease from CNY 3.78 billion at the end of 2023, reflecting a decline of about 1.8%[12]. - The company's cash and cash equivalents were reported at CNY 403.90 million, down from CNY 447.03 million, indicating a decrease of approximately 9.7%[12]. - The total accounts receivable decreased to CNY 513.16 million from CNY 531.04 million, representing a decline of about 3.4%[12]. - The inventory increased to CNY 118.95 million, up from CNY 89.82 million, showing a significant rise of approximately 32.5%[12]. Shareholder Activities - The company repurchased a total of 1.54 million shares, accounting for 0.67% of the total share capital, with a total expenditure of CNY 13.02 million[11]. - The highest repurchase price was CNY 10.87 per share, while the lowest was CNY 9.22 per share[11]. - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending activities[10]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 24,934,834.97, slightly down from CNY 25,491,199.96 in the same period of 2023[15]. - The company has not disclosed any new product developments or market expansion strategies in the current report[11]. Investment Income - The company reported an investment income of CNY 14,872,822.42, up from CNY 9,303,614.91 in the previous year[15]. Non-Recurring Gains and Losses - Non-recurring gains and losses for the current period amounted to ¥2,531,474.37, down from ¥24,999,137.05 in the previous year[5]. - The company reported a significant decrease in net profit due to reduced receivables collection, leading to a decrease in bad debt recovery[7].