Financial Performance - The company's revenue for Q3 2024 was ¥295,302,470.79, representing a decrease of 2.52% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥16,564,953.99, down 29.35% year-over-year[2] - The net profit excluding non-recurring gains and losses for Q3 2024 was ¥16,162,288.01, an increase of 10.70% compared to the same period last year[2] - Basic earnings per share for Q3 2024 were ¥0.14, down 26.32% year-over-year[2] - Diluted earnings per share for Q3 2024 were also ¥0.14, reflecting a decrease of 26.32% compared to the same period last year[2] - Total revenue for the current period is ¥1,104,844,461.24, a decrease of 3.9% from ¥1,149,322,487.29 in the previous period[11] - Net profit for the current period is ¥46,575,696.23, a decrease of 26% compared to ¥62,904,508.62 in the previous period[12] - Operating profit for the current period is ¥52,137,147.05, down from ¥63,917,214.40, indicating a decline of 18.5%[12] - Total profit for the current period is ¥48,963,552.50, down from ¥63,870,529.80, a decline of 23.3%[12] - Basic earnings per share for the current period is ¥0.38, compared to ¥0.52 in the previous period, reflecting a decrease of 26.9%[12] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥3,030,460,188.32, reflecting a growth of 6.55% from the end of the previous year[2] - The total assets increased to ¥3,030,460,188.32, up from ¥2,844,071,592.75, representing a growth of approximately 6.5%[8] - Total liabilities increased to ¥1,085,455,166.39 from ¥940,242,161.45, reflecting a rise of approximately 15.4%[9] - The total current assets decreased to ¥2,308,300,268.50 from ¥2,439,450,326.06, a decline of about 5.4%[8] - The non-current assets totalled ¥722,159,919.82, up from ¥404,621,266.69, indicating an increase of about 78.5%[9] Shareholder Information - The total equity attributable to shareholders at the end of Q3 2024 was ¥1,943,660,233.96, an increase of 2.09% from the end of the previous year[2] - The equity attributable to shareholders of the parent company rose to ¥1,943,660,233.96 from ¥1,903,891,653.84, an increase of about 2.1%[10] - The company reported a total of 16,238 common shareholders at the end of the reporting period[5] Cash Flow and Financing Activities - The net cash flow from operating activities for the year-to-date period was -¥210,096,112.16, an increase of 28.75% compared to the same period last year[2] - Cash flow from operating activities shows a net outflow of ¥210,096,112.16, an improvement from a net outflow of ¥294,854,650.66 in the previous period[13] - The net cash flow from financing activities was 195,330,772.38 CNY, an increase of 36.1% compared to 143,585,476.18 CNY in the previous year[14] - The total cash inflow from financing activities amounted to 541,151,033.11 CNY, up from 399,800,358.01 CNY year-over-year, representing a growth of 35.4%[14] - Cash outflow from financing activities increased to 345,820,260.73 CNY, compared to 256,214,881.83 CNY in the same period last year, marking a rise of 35.0%[14] - The company received 359,561,172.64 CNY in cash from borrowings, which is an increase from 172,516,725.74 CNY year-over-year[14] - The cash received from other financing activities was 180,059,860.47 CNY, down from 227,283,632.27 CNY, indicating a decrease of 20.8%[14] Cash Management - Cash and cash equivalents decreased significantly to ¥393,896,203.23 from ¥841,287,754.86, a decline of about 53%[8] - The ending balance of cash and cash equivalents decreased to 306,716,653.90 CNY from 501,510,817.07 CNY, reflecting a decline of 38.8%[14] - The company reported a net decrease in cash and cash equivalents of -453,915,919.83 CNY, compared to -450,054,288.93 CNY in the previous year[14] - The cash paid for debt repayment was 181,605,483.19 CNY, an increase from 143,400,000.00 CNY in the previous year[14] - The company’s cash flow management strategy appears to be focused on increasing financing while managing cash outflows effectively[14] Borrowings and Interest Expenses - The company reported a significant increase in short-term borrowings, which rose to ¥358,655,589.07 from ¥180,328,242.54, a growth of approximately 99%[9] - The company reported a significant increase in interest expenses to ¥13,657,252.34 from ¥4,606,566.42 in the previous period[11] Inventory and Receivables - Accounts receivable rose to ¥1,148,212,391.20, compared to ¥1,017,376,794.25, indicating an increase of approximately 12.9%[8] - Inventory surged to ¥166,592,273.50 from ¥34,370,289.93, marking an increase of about 384%[8] Contract Liabilities - The company’s contract liabilities increased to ¥1,581,690.63 from ¥502,849.66, showing a growth of approximately 214%[9] Audit Information - The company did not undergo an audit for the third quarter report[14]
元道通信(301139) - 2024 Q3 - 季度财报