CFT(SH:603685)2024-10-29 09:55Financial Performance - The company's operating revenue for Q3 2024 was ¥302,730,334.45, a decrease of 3.69% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥2,047,765.33, down 54.27% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,672,121.22, a decrease of 39.69% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was ¥0.01, a decrease of 50.00% year-on-year[2]. - The diluted earnings per share for Q3 2024 was also ¥0.01, reflecting a 50.00% decline compared to the same period last year[2]. - The weighted average return on equity for Q3 2024 was 0.19%, a decrease of 0.22 percentage points year-on-year[2]. - Total operating revenue for the first three quarters of 2024 reached ¥928,748,574.64, an increase of 4.8% compared to ¥889,791,191.26 in the same period of 2023[12]. - Net profit for the first three quarters of 2024 was ¥10,477,434.64, compared to ¥8,840,586.57 in 2023, representing a year-on-year increase of 18.5%[14]. - The company reported a comprehensive income total of ¥3,723,035.67 for the first three quarters of 2024, down from ¥14,977,741.49 in the same period of 2023[15]. - Basic earnings per share for the first three quarters of 2024 were ¥0.08, a decrease from ¥0.09 in 2023[15]. Cash Flow - The net cash flow from operating activities for Q3 2024 increased by 73.42% to ¥58,417,982.18[2]. - Cash flow from operating activities for the first three quarters of 2024 was ¥747,271,126.71, an increase from ¥616,075,905.25 in 2023, indicating a growth of 21.3%[16]. - The net cash flow from operating activities was CNY 176,914,879.95, a significant increase from CNY 47,358,225.76 in the previous year, representing a growth of approximately 273%[17]. - Total cash inflow from operating activities amounted to CNY 798,209,977.03, compared to CNY 654,769,949.73 in the same period last year, indicating an increase of about 22%[17]. - Cash outflow for operating activities was CNY 621,295,097.08, slightly up from CNY 607,411,723.97, reflecting a marginal increase of around 2%[17]. - The company received CNY 5,697,876.37 in tax refunds, compared to CNY 8,675,104.69 in the previous year, showing a decline of about 34%[17]. - The company paid CNY 28,475,183.51 in taxes, down from CNY 38,656,932.81, indicating a decrease of approximately 26%[17]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥3,532,686,029.27, representing a 4.12% increase from the end of the previous year[3]. - The equity attributable to shareholders decreased by 1.74% to ¥1,154,632,806.57 compared to the end of the previous year[3]. - The company's current assets decreased to approximately RMB 1.06 billion from RMB 1.15 billion, representing a decline of about 7.4%[10]. - Total liabilities increased to approximately RMB 1.02 billion from RMB 848.91 million, reflecting an increase of about 20.4%[11]. - The company's total liabilities increased to ¥2,352,337,025.87 in Q3 2024, compared to ¥2,192,611,236.69 in Q3 2023, marking an increase of 7.3%[12]. - The total equity attributable to shareholders of the parent company decreased to ¥1,154,632,806.57 in Q3 2024 from ¥1,175,096,124.57 in Q3 2023, a decline of 1.7%[12]. Investments and Expenses - The company reported non-recurring gains of ¥5,730,988.17 for the current period[5]. - Research and development expenses for the first three quarters of 2024 were ¥31,103,061.66, slightly down from ¥33,725,394.72 in 2023, indicating a decrease of 7.8%[14]. - The company reported a financial expense of ¥47,207,751.33 in Q3 2024, significantly higher than ¥16,087,257.82 in the same period of 2023, reflecting an increase of 194.5%[14]. Cash and Equivalents - Cash and cash equivalents as of September 30, 2024, were approximately RMB 253.98 million, down from RMB 322.15 million at the end of 2023, indicating a decrease of about 21.2%[10]. - The ending balance of cash and cash equivalents was CNY 215,816,029.14, down from CNY 327,460,445.77, reflecting a decrease of approximately 34%[18].