HAXC (SZ:300928)2024-10-29 08:52Financial Performance - The company's revenue for Q3 2024 was ¥265,746,318.38, a decrease of 4.85% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥11,326,829.80, representing a decline of 13.35% year-over-year[3]. - The net profit after deducting non-recurring gains and losses was -¥12,881,767.41, down 18.84% from the previous year[3]. - The net profit for Q3 2024 was -35,585,076.58 CNY, compared to -9,388,185.80 CNY in the same period last year, indicating a significant increase in losses[15]. - The total profit for the period was -47,879,119.80 CNY, up from -20,185,152.21 CNY year-over-year[15]. - The basic and diluted earnings per share were both -0.49 CNY, compared to -0.11 CNY in the previous year[16]. - The basic earnings per share were -¥0.14, a decrease of 16.67% compared to the same period last year[3]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥1,308,763,826.86, a decrease of 1.55% from the end of the previous year[3]. - Total assets decreased to CNY 1,308,763,826.86 from CNY 1,329,421,330.21, a decline of 1.3%[13]. - Total liabilities increased to CNY 110,041,878.99, up 37.5% from CNY 79,939,267.72[13]. - The company's equity attributable to shareholders decreased to CNY 1,187,083,009.60 from CNY 1,240,942,389.93, a decline of 4.3%[13]. Cash Flow - The company's cash flow from operating activities was -¥61,705,911.95, reflecting a significant decline of 180.63% year-over-year[3]. - Cash flow from operating activities showed a net outflow of -61,705,911.95 CNY, a decline from a net inflow of 76,529,464.35 CNY in the same quarter last year[17]. - Cash inflow from investment activities was 211,021,036.22 CNY, down from 454,188,942.53 CNY year-over-year[18]. - Cash outflow from investment activities totaled 300,583,287.77 CNY, compared to 791,743,026.64 CNY in the previous year[18]. - The net cash flow from financing activities was -8,225,177.41 CNY, compared to -9,393,193.16 CNY in the same quarter last year[18]. Receivables and Inventory - The company reported a 34.37% increase in accounts receivable, amounting to ¥344,944,958.57, due to higher revenue in Q3[6]. - Accounts receivable rose to CNY 344,944,958.57, an increase of 34.4% from CNY 256,717,561.25 at the beginning of the year[12]. - Inventory increased to CNY 64,298,618.51, up 34.4% from CNY 47,858,936.77[12]. Investments and Subsidies - The company received government subsidies amounting to ¥2,724,814.98, primarily from the Nantong Economic Development Zone[4]. - Investment income decreased by 32.26% to -8,588,477.75 due to lower returns from bank wealth management products and losses from joint ventures[7]. - The company reported a net loss of CNY 8,588,477.75 in investment income, worsening from a loss of CNY 6,493,493.68 in the previous year[14]. Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 9,149, with the top ten shareholders holding significant stakes[8]. - The largest shareholder, He Xinyi, holds 22.00% of shares, totaling 17,597,754[8]. - The company did not receive any cash from minority shareholders during the reporting period, a 100% decrease compared to the previous year[7].