WXHS(SH:603090)2024-10-30 07:35Financial Performance - The company's operating revenue for Q3 2024 was ¥200,022,415.28, representing a year-on-year increase of 1.64%[2] - The net profit attributable to shareholders for Q3 2024 was ¥17,028,323.80, a decrease of 6.87% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥14,258,151.45, down 19.60% year-on-year[2] - Total operating revenue for the first three quarters of 2024 was CNY 519,338,433.76, a decrease of 3.4% compared to CNY 536,193,580.92 in the same period of 2023[14] - The net profit for Q3 2024 was CNY 48,659,037.30, a decrease of 16.1% compared to CNY 58,541,085.25 in Q3 2023[15] - The total profit for Q3 2024 was CNY 58,430,271.04, down from CNY 75,427,020.91 in the same period last year, reflecting a decline of 22.5%[15] - Operating profit for Q3 2024 was CNY 58,592,713.65, compared to CNY 75,570,682.67 in Q3 2023, indicating a decrease of 22.5%[15] - The company's total revenue from sales of goods and services for the first three quarters of 2024 was CNY 416,179,283.25, a decrease of 11.1% from CNY 468,210,429.07 in the same period of 2023[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥838,526,523.05, reflecting a 2.32% increase from the end of the previous year[4] - Total assets as of September 30, 2024, amounted to CNY 838,526,523.05, up from CNY 819,513,322.73, an increase of 2.6%[13] - Total liabilities increased to CNY 244,050,793.28 from CNY 243,444,786.46, a slight rise of 0.2%[13] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥87,595,074.64, an increase of 37.38% compared to the same period last year[2] - Cash flow from operating activities for the first three quarters of 2024 was CNY 87,595,074.64, an increase of 37.4% from CNY 63,761,145.15 in the same period of 2023[17] - Cash and cash equivalents as of September 30, 2024, were CNY 171,162,167.92, compared to CNY 162,899,004.62 at the end of 2023, showing an increase of 5.8%[12] - Cash and cash equivalents at the end of Q3 2024 amounted to CNY 165,162,167.92, an increase from CNY 118,302,731.21 at the end of Q3 2023[18] - The company reported a net cash outflow from investing activities of CNY -19,399,320.20 for the first three quarters of 2024, compared to CNY -17,096,284.74 in the same period of 2023[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,576[8] - The largest shareholder, Niu Yuxia, holds 47,675,000 shares, accounting for 47.68% of the total shares[8] Research and Development - Research and development expenses increased by 4.12% year-to-date, attributed to higher labor costs in R&D[7] - Research and development expenses increased to CNY 22,852,329.61, up from CNY 21,948,678.40, indicating a growth of 4.1%[14] - The company continues to focus on R&D and cost management strategies to improve profitability in the upcoming quarters[14] Other Financial Metrics - The weighted average return on equity for Q3 2024 was 3.10%, a decrease of 0.03 percentage points compared to the previous year[4] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.48, down from CNY 0.57 in Q3 2023, a decrease of 15.8%[16] - The company incurred a credit impairment loss of CNY -3,810,125.29 in Q3 2024, compared to CNY -1,275,414.15 in Q3 2023, indicating a significant increase in credit losses[15] - Total comprehensive income for Q3 2024 was CNY 48,346,402.98, down from CNY 58,484,548.54 in Q3 2023, representing a decline of 17.4%[16] - Accounts receivable slightly decreased to CNY 214,118,510.49 from CNY 217,803,119.97, a decline of 1.2%[12] - Inventory increased to CNY 135,213,321.11 from CNY 131,962,592.61, reflecting a rise of 2.7%[12]