古鳌科技(300551) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥71,501,400.77, representing a decrease of 49.49% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2024 was -¥69,876,830.54, a decline of 171.19% year-over-year[3] - Total operating revenue for Q3 2024 was ¥217,079,111.55, a decrease of 50.1% compared to ¥432,943,951.71 in the same period last year[15] - The company reported a net loss of ¥205,857,948.32 for Q3 2024, compared to a loss of ¥48,279,883.80 in Q3 2023[15] - The total comprehensive income for Q3 2024 was -199,040,150.52 CNY, compared to -48,525,528.67 CNY in Q3 2023, reflecting a worsening financial position[16] - Basic and diluted earnings per share for Q3 2024 were both -0.55 CNY, worsening from -0.14 CNY in Q3 2023, reflecting declining profitability[16] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥1,130,371,947.71, down 25.99% from the end of the previous year[3] - Total liabilities decreased to ¥352,206,023.76, down 34.4% from ¥536,721,586.12[13] - The company's total assets decreased to ¥1,130,371,947.71, a decline of 26% from ¥1,527,357,553.84[13] - The company's equity attributable to shareholders decreased to ¥751,424,103.06 from ¥938,906,706.57, a drop of 20%[13] Cash Flow and Liquidity - The cash flow from operating activities for Q3 2024 was ¥7,191,038.95, an increase of 105.89% year-over-year[7] - Operating cash flow for Q3 2024 was 7,191,038.95 CNY, a recovery from -122,154,663.16 CNY in Q3 2023, showing improved cash generation from operations[19] - Cash and cash equivalents decreased to ¥178,416,211.86 from ¥327,154,009.88, a decline of 45.5%[12] - Cash and cash equivalents at the end of Q3 2024 were 169,927,492.86 CNY, down from 394,962,364.40 CNY at the end of Q3 2023, indicating a decrease in liquidity[20] - The company reported cash outflows from financing activities of 90,432,384.80 CNY in Q3 2024, compared to 16,332,776.51 CNY in the same period last year, highlighting increased financial strain[20] Expenses - The company experienced a 62.66% reduction in selling expenses, totaling ¥109,312,979.20 for Q3 2024[6] - The company’s research and development expenses decreased by 36.72% to ¥25,778,522.54 compared to the same period last year[6] - Research and development expenses for Q3 2024 were ¥25,778,522.54, down 36.7% from ¥40,739,769.91 in the previous year[15] - The company incurred 96,744,716.73 CNY in cash payments to employees in Q3 2024, down from 212,085,018.15 CNY in Q3 2023, suggesting cost-cutting measures[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,264[8] - The largest shareholder, Chen Chongjun, holds 22.72% of the shares, totaling 78,550,607 shares[8] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder having a substantial influence[8] - The company has not reported any changes in the number of preferred shareholders or their holdings[9] Asset Restructuring - The company plans to sell a 2% stake in its subsidiary Donggao Technology, which is part of a significant asset restructuring[10] - The company is currently undergoing a major asset restructuring process, which requires shareholder approval[10] - The company emphasizes the importance of monitoring investment risks related to the frozen funds[10] - As of September 30, 2024, Donggao Technology's bank account has been frozen with a total amount of 7,033,033.75 RMB[10] Investment Activities - The company reported a significant investment loss of -¥116,086,486.32, which is an increase of 857.40% compared to the previous year[6] - Investment activities resulted in a net cash outflow of -94,693,830.89 CNY in Q3 2024, compared to -159,989,746.60 CNY in the same period last year, indicating reduced investment activity[20] Other Financial Metrics - The company's cash and cash equivalents decreased by 45.46% to ¥178,416,211.86 compared to the beginning of the year[6] - Accounts receivable dropped to ¥63,981,928.17, down 51.4% from ¥131,641,066.94 at the beginning of the period[12] - Inventory decreased to ¥123,500,118.86, a reduction of 15.2% from ¥145,658,900.89[12] - The company experienced a foreign exchange loss of -854,044.25 CNY in Q3 2024, compared to a gain of 1,497,352.39 CNY in Q3 2023, reflecting adverse currency fluctuations[20]