Financial Performance - Revenue for Q3 2024 was CNY 371,829,103.89, a decrease of 7.53% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 17,693,060.21, down 70.08% year-over-year[2] - Basic and diluted earnings per share were both CNY 0.24, a decline of 77.78% compared to the previous year[2] - Net profit for Q3 2024 was CNY 94,050,449.78, a decrease of 29.6% from CNY 133,587,742.35 in Q3 2023[14] - The total comprehensive income for the third quarter was CNY 94,694,576.48, a decrease of 29.5% compared to CNY 134,251,897.41 in the same period last year[15] - Basic and diluted earnings per share were both CNY 1.28, down from CNY 2.43 year-over-year, representing a decline of 47.3%[15] Cash Flow - Net cash flow from operating activities decreased by 86.04% to CNY 15,500,933.81 compared to the same period last year[2] - Cash inflow from operating activities totaled CNY 1,172,640,025.35, an increase of 18.4% compared to CNY 990,018,944.21 in the previous year[16] - Cash outflow from operating activities was CNY 1,157,139,091.54, up 31.7% from CNY 878,988,484.28 year-over-year[17] - The net cash flow from operating activities was CNY 15,500,933.81, a significant decrease of 86.0% compared to CNY 111,030,459.93 in the previous year[17] - The net cash flow from investing activities was -CNY 196,508,000.29, worsening from -CNY 122,694,005.57 year-over-year[17] - The net cash flow from financing activities was -CNY 93,982,174.27, compared to -CNY 8,300,397.17 in the previous year, indicating increased cash outflows[17] - The cash and cash equivalents at the end of the period were CNY 667,278,807.40, up from CNY 213,850,598.07 at the end of the previous year[17] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,926,296,702.43, an increase of 1.16% from the end of the previous year[2] - The company's total assets as of Q3 2024 amounted to CNY 1,926,296,702.43, slightly up from CNY 1,904,183,956.69 at the end of the previous year[13] - Total liabilities reached CNY 713,543,702.80, an increase from CNY 683,119,766.98 in the previous year[13] - The total equity attributable to shareholders was CNY 1,212,752,999.63, down from CNY 1,221,064,189.71 in the previous year[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 10,599[7] - The largest shareholder, Xu Jianyong, holds 25.20% of shares, totaling 18,443,710 shares[7] - The second-largest shareholder, Pan Nianhua, holds 17.23% of shares, totaling 12,610,221 shares[7] Operational Changes and Plans - The company plans to invest up to 40 million RMB to establish a new subsidiary in Vietnam, enhancing operational flexibility[10] - The company has plans for future market expansion and product development, although specific details were not disclosed in the report[14] - The company has completed the registration change for its new address as of October 12, 2024[10] Expenses and Impairments - Management expenses rose by 71.04% year-over-year, attributed to increased employee compensation and consulting fees[6] - The company reported a 298.01% increase in asset impairment losses, primarily due to increased inventory write-downs[6] Other Financial Metrics - The company experienced a 26.54% decrease in cash and cash equivalents compared to the end of the previous year, primarily due to dividends and investment purchases[5] - Other current assets increased by 62.47% to CNY 23,000,000, mainly due to an increase in deductible input tax[5] - Accounts receivable increased from 303,226,769.63 RMB to 380,734,834.29 RMB during the reporting period[11] - The company's prepayments increased from 7,285,965.93 RMB to 13,008,999.53 RMB during the reporting period[11] - Inventory increased to CNY 229,294,158.27 in Q3 2024, compared to CNY 200,009,673.42 in Q3 2023, marking a rise of 14.6%[12] - The company reported a total of 60,101,095.89 RMB in trading financial assets at the end of the period[11] - The company reported a decrease in accounts payable to CNY 252,398,592.91 from CNY 293,048,680.01, indicating a reduction of approximately 13.8%[12] Accounting and Audit - The company has not undergone an audit for the third quarter report[18] - The company will implement new accounting standards starting in 2024, which may affect financial reporting[18]
联域股份(001326) - 2024 Q3 - 季度财报