志邦家居(603801) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,463,069,574.77, a decrease of 10.14% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥117,416,523.06, down 30.93% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥106,981,764.81, a decline of 33.05% compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.2689, reflecting a decrease of 30.95% year-on-year[4] - The diluted earnings per share for Q3 2024 was ¥0.2703, down 30.59% compared to the same period last year[4] - Total operating revenue for Q3 2024 was CNY 3,675,178,803.10, a decrease of 6.4% from CNY 3,928,799,541.40 in Q3 2023[15] - Net profit for Q3 2024 was CNY 266,177,284.36, down 23.7% from CNY 349,317,108.19 in Q3 2023[16] - Basic earnings per share for Q3 2024 was CNY 0.6097, compared to CNY 0.8002 in Q3 2023, representing a decline of 23.8%[16] - Total comprehensive income for Q3 2024 was CNY 270,991,496.16, down from CNY 348,726,984.09 in Q3 2023[16] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period decreased by 95.55%, amounting to ¥28,430,810.63[2] - Cash flow from operating activities for the first nine months of 2024 was CNY 28,430,810.63, significantly lower than CNY 639,065,264.75 in the same period of 2023[17] - The net cash inflow from investment activities was approximately ¥2.27 billion, a decrease from ¥2.50 billion in the previous period, resulting in a net cash flow of ¥109.73 million, compared to a negative cash flow of ¥471.03 million last year[19] - The cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was ¥205.31 million, down from ¥449.06 million in the previous period[19] - The total cash inflow from financing activities was ¥380.27 million, a decrease from ¥514.65 million in the previous period[19] - The cash outflow for debt repayment was ¥135 million, significantly lower than ¥438.33 million in the previous period[19] - The net cash flow from financing activities was negative at ¥75.93 million, an improvement from a negative cash flow of ¥162.63 million last year[19] - The cash and cash equivalents at the end of the period increased to ¥538.34 million, up from ¥470.73 million in the previous period[19] - The company reported a net increase in cash and cash equivalents of ¥59.55 million, compared to an increase of ¥9.24 million in the previous period[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,328,418,966.35, a decrease of 0.91% from the end of the previous year[4] - The company's current assets decreased to RMB 3,159,913,097.84 from RMB 3,469,117,546.61 at the end of 2023, representing a decline of approximately 8.9%[11] - Cash and cash equivalents were reported at RMB 748,365,544.64, down from RMB 862,797,508.77, indicating a decrease of about 13.2%[11] - Accounts receivable increased to RMB 324,342,184.88 from RMB 224,560,563.65, reflecting a growth of approximately 44.4%[11] - Inventory rose to RMB 292,447,935.73 from RMB 220,443,705.15, marking an increase of around 32.7%[11] - The company's total liabilities decreased to RMB 3,026,887,520.25 from RMB 3,098,580,153.27, a reduction of about 2.3%[13] - Short-term borrowings increased significantly to RMB 327,353,837.97 from RMB 130,044,263.88, representing a rise of approximately 151.1%[12] - The company's equity attributable to shareholders increased to RMB 3,301,531,446.10 from RMB 3,288,227,003.83, showing a growth of about 0.4%[13] - The company reported a decrease in contract liabilities from RMB 473,863,944.10 to RMB 274,917,825.78, a decline of approximately 42%[12] - The company’s long-term borrowings rose to RMB 171,850,624.86 from RMB 123,899,811.01, indicating an increase of about 38.7%[13] Expenses and Other Income - The company experienced a significant decline in sales and gross margin, contributing to the decrease in net profit[7] - Total operating costs decreased to CNY 3,418,870,763.79 from CNY 3,463,807,711.25, reflecting a reduction of 1.3%[15] - Sales expenses increased to CNY 639,534,188.71 from CNY 585,919,431.87, marking an increase of 9.1%[15] - Research and development expenses decreased to CNY 205,896,997.26 from CNY 226,139,422.86, a reduction of 9.0%[15] - Investment income for Q3 2024 showed a loss of CNY 1,754,179.61, contrasting with a gain of CNY 12,899,893.40 in Q3 2023[15] - Other comprehensive income after tax for Q3 2024 was CNY 4,814,211.80, compared to a loss of CNY 590,124.10 in Q3 2023[16] Accounting and Reporting - The company has not adopted new accounting standards or interpretations affecting the financial statements for the current year[19]