Financial Performance - Net profit attributable to shareholders for the first nine months of 2024 was CNY 10,253,752.98, a decrease of 86.16% year-on-year[4] - Operating revenue for the first nine months of 2024 was CNY 736,650,763.29, down 5.52% from the same period last year[4] - The company reported a net loss of CNY 25,460,514.47 for the third quarter of 2024, a decline of 179.10% year-on-year[4] - The company's basic earnings per share for the third quarter of 2024 was -CNY 0.12, a decrease of 157.14% compared to the same period last year[4] - Net profit for the first nine months of 2024 was CNY 11,698,837.58, a significant decline of 83.8% from CNY 72,295,764.92 in 2023[24] - The total comprehensive income for the first nine months of 2024 is -20,473,222.65 CNY, compared to -3,833,881.38 CNY in 2023[26] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was -CNY 42,035,770.72, a decline of 256.13% compared to the previous year[4] - Cash flow from operating activities for the first nine months of 2024 is -42,035,770.72 CNY, compared to 26,923,996.89 CNY in 2023[28] - Cash inflow from investment activities in 2024 is 556,429,055.86 CNY, while cash outflow is 744,637,149.70 CNY, resulting in a net cash flow of -188,208,093.84 CNY[28] - Cash flow from financing activities in 2024 shows an inflow of 515,992,479.69 CNY and an outflow of 453,096,925.19 CNY, leading to a net cash flow of 62,895,554.50 CNY[28] - The net increase in cash and cash equivalents for the first nine months of 2024 was a decrease of CNY 22,473,070.25, compared to an increase of CNY 231,925,775.02 in 2023[30] - The ending balance of cash and cash equivalents as of September 2024 was CNY 27,433,586.21, down from CNY 239,770,208.72 at the end of September 2023[30] Assets and Liabilities - Total assets as of September 30, 2024, amounted to CNY 2,268,781,875.67, representing a 2.41% increase compared to the end of the previous year[4] - The company's debt-to-asset ratio increased to 60.90% for the consolidated financials, up from 58.60% at the end of the previous year[4] - Total liabilities reached ¥1,381,714,716.41, up from ¥1,298,246,589.02, which is an increase of about 6.4%[18] - Total liabilities rose to CNY 268,842,849.72, compared to CNY 182,374,958.16, indicating an increase of 47.5%[22] - The company has pledged assets totaling ¥693,441,483.84, which constitutes 30.57% of total assets[16] Research and Development - Research and development expenses for the year-to-date were CNY 4,567,302.41, a decrease of 34.73% compared to the previous year[6] - Research and development expenses for the first nine months of 2024 were CNY 4,567,302.41, down from CNY 6,997,062.86, a reduction of 34.8%[23] Shareholder Information - The total share capital at the end of the reporting period was 209,053,000 shares, with 7,701 common shareholders[10] - The largest shareholder, Dang Yongtao, holds 54,405,060 shares, representing 26.02% of the total shares[10] - The company experienced a decrease in core employee shares from 2,000,401 to 10,000 shares, a reduction of 99.5%[8] Other Income and Expenses - The company reported a significant increase in other income to CNY 20,165,044.61, compared to CNY 15,072,941.69 in the previous year, marking a growth of 33.9%[24] - Non-operating losses totaled -49,436,211.11 CNY, primarily due to losses from financial assets and other non-operating expenses[7] - The company incurred an investment loss of -14,586,570.40 CNY in 2024, contrasting with a gain of 1,097,503.44 CNY in the previous year[25] Future Plans - The company plans to provide guarantees for its subsidiaries, with a total guarantee amounting to 189,029,521.86 CNY reported during the period[13] - The company plans to focus on market expansion and new product development to drive future growth[23] - The expected amount for daily related transactions in 2024 is 410,000,000 CNY, with 10,944,335.51 CNY already executed[14] Legal Matters - The company is involved in a lawsuit related to intellectual property disputes with two other companies[13]
骑士乳业(832786) - 2024 Q3 - 季度财报