ZYDX(SH:688509)2024-10-29 10:51Financial Performance - The company's operating revenue for Q3 2024 was ¥103,460,057.30, representing an increase of 18.04% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥18,875,102.05, with a year-to-date net profit of -¥78,533,339.55, reflecting a decrease of 22.21% year-on-year[2]. - The basic and diluted earnings per share for Q3 2024 were both -¥0.02, unchanged from the previous year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 396,043,619.24, a decrease of 22.2% compared to CNY 509,088,301.46 in the same period of 2023[15]. - Net profit for the first three quarters of 2024 was a loss of CNY 78,310,026.62, compared to a loss of CNY 58,052,024.75 in the same period of 2023[17]. - The company reported a net loss attributable to the parent company of -78,533,339.55 RMB for Q3 2024, compared to a loss of -58,995,802.43 RMB in Q3 2023, reflecting an increase in losses of approximately 33.2%[18]. Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥231,704,104.29 year-to-date, indicating a decline in cash inflow from operations[2]. - The company's net cash flow from operating activities for Q3 2024 was -231,704,104.29 RMB, compared to -155,999,781.65 RMB in Q3 2023, indicating a decline of approximately 48.4% year-over-year[19]. - Total cash inflow from operating activities was 440,064,710.36 RMB, down from 619,540,824.19 RMB in the same period last year, representing a decrease of about 29%[19]. - Cash and cash equivalents at the end of Q3 2024 were 194,975,946.00 RMB, down from 272,430,885.17 RMB at the end of Q3 2023, a decrease of about 28.5%[20]. - The company reported a total cash outflow from operating activities of 671,768,814.65 RMB, compared to 775,540,605.84 RMB in Q3 2023, reflecting a decrease of about 13.4%[19]. - Net cash flow from financing activities was -5,501,989.21 RMB in Q3 2024, an improvement from -42,510,503.17 RMB in Q3 2023[20]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥3,418,317,748.00, down 4.90% from the end of the previous year[3]. - The total liabilities of the company as of September 30, 2024, are not explicitly stated but are critical for assessing financial health[11]. - Total liabilities decreased to CNY 1,883,812,598.48 from CNY 1,981,248,878.82, a reduction of 4.9%[14]. - Current liabilities totaled CNY 1,686,504,116.54, down from CNY 1,788,277,654.04, indicating a decrease of 5.7%[14]. Research and Development - Research and development expenses totaled ¥14,162,531.67 for Q3 2024, accounting for 13.69% of operating revenue, a decrease of 1.39 percentage points year-on-year[3]. - Research and development expenses for the first three quarters of 2024 were CNY 40,679,494.62, an increase of 4.0% from CNY 39,130,953.52 in the previous year[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,262, with the largest shareholder holding 50.03% of the shares[8]. - The company has not reported any changes in major shareholders or significant actions regarding share lending or borrowing during the reporting period[11]. Operational Insights - The company experienced a significant decrease in new contract amounts, leading to a reduction in operating revenue compared to the previous year[7]. - There are no new product launches or technological advancements mentioned in the report, indicating a focus on existing operations[11]. - The company has not provided specific guidance for future performance or market expansion strategies in this report[11]. Inventory and Receivables - Accounts receivable amounted to approximately ¥437.53 million, down from ¥513.33 million, indicating a decrease of around 15%[12]. - The company's contract assets increased to approximately ¥1.69 billion, up from ¥1.57 billion, representing an increase of about 7.5%[12]. - Cash and cash equivalents were reported at approximately ¥202.38 million, significantly lower than ¥460.13 million at the end of 2023, marking a decline of about 56%[12]. - Inventory levels rose to approximately ¥42.88 million, compared to ¥12.22 million, showing an increase of around 251%[12]. - The company reported a long-term receivables balance of approximately ¥76.31 million, slightly down from ¥81.38 million, reflecting a decrease of about 6%[12].