CS&S(SH:600536)2024-10-29 10:02Financial Performance - The company's operating revenue for Q3 2024 was ¥936,634,606.02, a decrease of 42.32% compared to the same period last year[3] - The net profit attributable to shareholders was a loss of ¥64,903,912.82, representing a decline of 169.67% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥64,958,975.59, an increase of 60.05% compared to the previous year[3] - The company reported a basic earnings per share of -¥0.08 for the current period, a decrease of 142.41% year-on-year[3] - Total operating revenue for the first three quarters of 2024 was CNY 2,920,485,935.39, a decrease of 29.9% compared to CNY 4,158,623,352.44 in the same period of 2023[22] - Net profit for the first three quarters of 2024 was a loss of CNY 351,846,954.39, compared to a loss of CNY 439,393,891.17 in the same period of 2023, indicating an improvement[24] - The company reported a total comprehensive loss of CNY 351,935,758.15 for the first three quarters of 2024, compared to a loss of CNY 439,105,904.45 in 2023[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,880,779,290.90, down 4.05% from the end of the previous year[4] - The company's cash and cash equivalents decreased to RMB 1,449,968,161.58 from RMB 1,945,489,375.30, representing a decline of about 25.5%[17] - The total liabilities decreased to CNY 5,697,703,766.80 in 2024 from CNY 5,827,040,421.69 in 2023, reflecting a reduction of 2.2%[20] - The total equity attributable to shareholders decreased to CNY 2,171,763,382.40 in 2024 from CNY 2,278,765,366.22 in 2023, a decline of 4.7%[20] - The company's total liabilities increased significantly, indicating a potential shift in financial strategy or increased leverage[18] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥1,180,454,228.23, an increase of 13.55% compared to the previous year[3] - The company's cash flow from operating activities showed a significant improvement, although specific figures were not disclosed in the provided data[22] - In the first three quarters of 2024, the company reported cash inflows from operating activities of approximately ¥3.65 billion, a decrease of 26.4% compared to ¥4.96 billion in the same period of 2023[25] - The net cash outflow from operating activities was approximately ¥1.18 billion, an improvement from a net outflow of ¥1.37 billion in the first three quarters of 2023[25] - Cash inflows from financing activities reached approximately ¥2.49 billion, up from ¥1.41 billion in the previous year[26] - The net cash flow from financing activities was approximately ¥246.42 million, a significant improvement from a net outflow of ¥12.78 million in the same period of 2023[26] Operational Highlights - Operating revenue for the reporting period decreased by 42.32%, primarily due to a reduction in internet security business volume[11] - The company reported a significant increase in financing cash flow, amounting to 2,027.59 million, mainly due to obtaining more bank loans[10] - Research and development expenses for the reporting period decreased by 32.81%, mainly due to personnel optimization adjustments[10] - The company plans to focus on market expansion and new product development as part of its future strategy[23] Shareholder Information - The total number of common shareholders at the end of the reporting period was 117,273[12] - The company’s deferred income at the end of the reporting period was 46.53 million, mainly due to the recognition of government subsidy income[10]