中装建设(002822) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was ¥582,538,668.45, a decrease of 40.45% year-over-year, and a decrease of 28.13% for the year-to-date period[2] - Net profit attributable to shareholders for Q3 2024 was -¥351,067,271.01, representing a decline of 928.41% year-over-year, and -768.51% for the year-to-date period[2] - Basic earnings per share for Q3 2024 was -¥0.49, a decrease of 880.00% year-over-year, and -753.85% for the year-to-date period[2] - Total operating revenue for Q3 2024 was ¥1,873,677,132.31, a decrease of 28.06% compared to ¥2,607,154,090.27 in the same period last year[15] - Total operating costs for Q3 2024 were ¥2,496,818,809.79, down 6.43% from ¥2,668,404,154.86 year-on-year[15] - Net profit for Q3 2024 was a loss of ¥792,073,695.94, compared to a loss of ¥86,935,010.87 in Q3 2023, indicating a significant decline in profitability[16] - The total comprehensive income for the third quarter was -795,295,270.30 CNY, a decrease of 91,569,584.17 CNY compared to the previous period[17] - Basic and diluted earnings per share were both -1.11 CNY, reflecting a decline of 0.13 CNY from the last period[17] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥6,983,662,196.09, down 13.86% from the end of the previous year[2] - Shareholders' equity attributable to the parent company was ¥2,019,530,196.61, a decrease of 28.25% from the end of the previous year[2] - Current liabilities increased to ¥3,462,000,000.00, up from ¥3,200,000,000.00, indicating a rise in short-term financial obligations[14] - Long-term borrowings rose to ¥366,895,901.51, compared to ¥360,969,201.51 in the previous period, showing a slight increase[14] - The total liabilities of the company amounted to ¥4,945,603,854.18, a decrease from ¥5,261,053,347.46, indicating a reduction of 6.00%[14] Cash Flow - Cash flow from operating activities for the year-to-date period was -¥239,880,079.32, a decrease of 45.05% year-over-year[2] - Cash inflow from operating activities totaled 2,214,485,069.23 CNY, down 2,951,792,471.38 CNY from 4,166,277,540.61 CNY in the previous period[18] - Cash outflow from operating activities was 2,454,365,148.55 CNY, a decrease of 1,877,284,403.13 CNY compared to 4,331,649,551.68 CNY last year[19] - The net cash flow from operating activities was -239,880,079.32 CNY, worsening from -165,372,011.07 CNY in the previous period[19] - Cash inflow from investment activities was 21,377,521.50 CNY, significantly lower than 385,366,457.21 CNY in the previous period[19] - Cash outflow from investment activities was 23,569,212.45 CNY, down from 431,080,838.45 CNY last year[19] - The net cash flow from financing activities was -125,898,117.41 CNY, an improvement from -381,450,672.74 CNY in the previous period[19] - The ending balance of cash and cash equivalents was 138,908,591.26 CNY, compared to 402,227,526.44 CNY in the previous period[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 27,101[8] - Major shareholder Zhuang Xiaohong holds 24.67% of shares, totaling 176,057,928 shares[8] Operational Challenges - The company is undergoing a pre-restructuring process due to inability to repay debts, initiated by a creditor on May 24, 2024[10] - The company’s stock has been marked with additional risk warnings since February 27, 2024, changing its name to "ST Zhongzhuang" due to account freezes[10] - The company has received a court decision for pre-restructuring, with a management firm appointed for the process[11] - The company reported a significant decrease in cash flow, indicating potential liquidity issues[12] - The company is actively engaging with creditors for debt restructuring and claims submission[11] Other Financial Metrics - Other receivables increased by 33.42% compared to the end of the previous year due to funds temporarily withheld due to litigation[5] - Financial expenses increased by 47.55% year-over-year, primarily due to increased loan interest[6] - Investment income for the period increased by 37.58% year-over-year, mainly due to equity method accounting for investment gains[6] - Cash and cash equivalents amount to 204,427,912.01 RMB, a decrease from 641,402,773.69 RMB in the previous period[12] - Accounts receivable decreased to 1,908,542,144.26 RMB from 2,390,387,592.74 RMB[12] - Inventory increased to 647,973,907.31 RMB from 526,183,982.26 RMB[12] - Research and development expenses for Q3 2024 were ¥38,462,022.16, down 29.00% from ¥54,142,279.84 in the previous year[16] - The company reported a significant increase in interest expenses, which rose to ¥98,993,160.90 from ¥58,448,813.72, reflecting a 69.00% increase[16] Audit Status - The report for the third quarter was not audited[20]