TVZone(SH:603721)2024-10-29 11:47Financial Performance - Operating revenue for Q3 2024 reached ¥89,736,547.67, an increase of 42.63% compared to the same period last year[2] - Net profit attributable to shareholders was ¥5,602,471.39, representing a significant increase of 164.82% year-on-year[2] - Basic earnings per share for Q3 2024 was ¥0.04, a 100% increase from the previous year[4] - Total operating revenue for the first three quarters of 2024 reached ¥213,626,652.95, a significant increase of 36.8% compared to ¥156,102,697.20 in the same period of 2023[15] - The net profit attributable to the parent company for Q3 2024 was -¥959,534.18, an improvement from -¥2,916,525.19 in Q3 2023[17] - The company reported a net loss of -¥1,158,079.56 for Q3 2024, compared to a net loss of -¥3,826,534.01 in Q3 2023, indicating a narrowing of losses[17] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥870,632,055.44, a decrease of 1.58% from the end of the previous year[4] - As of September 30, 2024, the total current assets amounted to ¥454,071,917.24, a slight increase from ¥449,270,689.02 at the end of 2023, reflecting a growth of approximately 1.8%[12] - Total liabilities decreased to ¥305,843,664.91 in Q3 2024 from ¥329,594,946.75 in Q3 2023, reflecting a reduction of approximately 7.2%[16] - Current liabilities decreased to ¥113,451,276.40 from ¥120,922,908.35, reflecting a reduction of approximately 6.2%[13] - Long-term borrowings decreased to ¥183,277,888.00 from ¥199,077,888.00, indicating a decline of about 7.9%[13] Cash Flow - Cash flow from operating activities for the year-to-date was ¥1,846,614.83[4] - The cash inflow from operating activities for the first three quarters of 2024 was ¥230,827,584.07, an increase of 42.6% compared to ¥161,842,016.31 in the same period of 2023[18] - The net cash flow from operating activities turned positive at ¥1,846,614.83, compared to a negative cash flow of ¥-3,727,874.93 in the first three quarters of 2023[18] - Cash outflow for investing activities was ¥33,213,352.52, up from ¥22,835,560.56 in the same period last year, resulting in a net cash flow from investing activities of ¥-24,384,792.96, compared to ¥-5,899,878.03 in 2023[19] - The cash inflow from financing activities was ¥10,940,000.00, while cash outflow was ¥30,485,305.39, leading to a net cash flow from financing activities of ¥-19,545,305.39, compared to ¥-34,703,985.91 in the previous year[19] Expenses and Costs - Total operating costs increased to ¥220,131,138.22 in Q3 2024, up 28.6% from ¥171,151,488.16 in Q3 2023[16] - Research and development expenses for Q3 2024 were ¥6,828,938.44, down 19.5% from ¥8,478,399.66 in Q3 2023[16] - The company reported a financial expense of -¥1,783,772.80 in Q3 2024, an improvement from -¥2,813,807.36 in Q3 2023[16] - The company paid ¥65,064,424.20 to employees, a decrease from ¥71,220,246.02 in the previous year, reflecting cost management efforts[18] Asset Composition - Cash and cash equivalents decreased to ¥210,155,291.50 from ¥252,238,775.02, representing a decline of about 16.7%[12] - Accounts receivable increased to ¥133,993,166.03 from ¥129,541,233.77, showing a growth of approximately 3.5%[12] - Inventory rose significantly to ¥38,980,275.79 from ¥25,267,245.57, indicating an increase of around 54.2%[12] - The total non-current assets decreased to ¥416,560,138.20 from ¥435,330,727.82, reflecting a decline of about 4.3%[13] - The company reported a decrease in long-term equity investments to ¥40,238,363.32 from ¥48,051,756.60, a drop of approximately 16.5%[12] Other Information - The company has not reported any significant changes in shareholder structure or major strategic initiatives during the reporting period[10] - The company completed settlements and payments totaling ¥151,500.00 for overdue contracts in the first half of 2024, with outstanding overdue payments of ¥1,658,549.99 as of the report date[14] - The company did not apply new accounting standards for the current reporting period[20]