Shandong Daye (SH:603278)2024-10-29 10:11Financial Performance - The company's operating revenue for Q3 2024 was ¥1,208,104,734.16, representing a decrease of 19.37% compared to the same period last year[2]. - The net profit attributable to shareholders was a loss of ¥83,106,174.39, a decline of 395.85% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥88,529,424.65, a decrease of 2,095.95% compared to the previous year[2]. - The company's basic earnings per share for the reporting period was -0.24, a decrease of 340.00% year-over-year[4]. - The net profit for the third quarter of 2024 was -123,003,217.42 RMB, compared to a net profit of 119,544,452.68 RMB in the same period of 2023, indicating a significant decline[19]. - The operating profit for the third quarter was -138,452,316.89 RMB, down from 89,732,983.35 RMB in the previous year[20]. - The company reported a net profit attributable to shareholders of -395.85 million for the current reporting period[10]. - Basic earnings per share for the current period was -340.00, reflecting a decrease in net profit[10]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,777,910,281.49, an increase of 6.72% from the end of the previous year[4]. - The company's total current assets amounted to CNY 4,110,498,831.65, up from CNY 3,633,934,704.85, indicating an increase of about 13.1%[14]. - The total liabilities of the company reached CNY 5,275,912,874.46, up from CNY 4,677,398,747.75, indicating an increase of about 12.8%[16]. - The company's equity attributable to shareholders decreased to CNY 2,164,284,529.08 from CNY 2,257,486,985.70, a decline of approximately 4.1%[16]. - The company's total liabilities increased by 44.70% for non-current liabilities due within one year, primarily due to an increase in long-term borrowings and long-term payables[8]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥94,947,770.51, a decline of 71.54% compared to the same period last year[2]. - The net cash flow from operating activities for the year-to-date period was -71.54 million, attributed to increased cash payments for goods and services[9]. - The net cash flow from investing activities was -188.75 million, primarily due to increased cash payments for fixed and intangible asset acquisitions[9]. - The net cash flow generated from operating activities for the first three quarters was 94,947,770.51 RMB, a decrease from 333,658,849.38 RMB in the previous year[20]. - Net cash flow from investment activities was -199,926,311.95 CNY, a decrease from -69,237,676.51 CNY in the previous period[21]. - Cash inflow from financing activities totaled 3,229,981,182.98 CNY, compared to 2,283,236,286.38 CNY in the prior year[21]. - Net cash flow from financing activities was 192,261,176.47 CNY, a recovery from -301,208,819.73 CNY in the previous period[21]. - The net increase in cash and cash equivalents was 95,636,505.46 CNY, contrasting with a decrease of -34,455,283.11 CNY in the prior year[21]. Expenses - Operating costs also fell by 3.66% year-to-date, primarily due to reduced sales volume[9]. - Research and development expenses decreased by 32.05% year-to-date, indicating reduced investment in R&D activities[9]. - Research and development expenses for the third quarter were 48,812,879.36 RMB, down from 71,839,179.59 RMB in the same period last year, showing a reduction of approximately 32.1%[20]. - Sales expenses increased to 56,369,545.60 RMB in the third quarter, compared to 49,896,301.60 RMB in the same period of 2023, marking an increase of about 12.5%[20]. - The company reported a financial expense of 108,470,528.85 RMB in the third quarter, slightly down from 114,761,378.01 RMB in the previous year[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,564[11]. - The largest shareholder, Dou Yong, holds 32.59% of the shares, with 111,384,000 shares pledged[11].