YJFC(SH:600265)2024-10-30 07:51Financial Performance - The company's operating revenue for Q3 2024 was ¥115,201,224.57, a decrease of 33.28% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was -¥3,619,923.21, representing a decline of 3,536.91% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥3,270,149.02, down 859.03% from the previous year[2] - Total operating revenue for the first three quarters of 2024 was CNY 339.55 million, a decrease of 19.4% compared to CNY 420.96 million in the same period of 2023[13] - Net profit for the first three quarters of 2024 was a loss of CNY 13.25 million, compared to a profit of CNY 20.72 million in the same period of 2023[14] - The total profit for the first three quarters of 2024 was a loss of CNY 14.25 million, compared to a profit of CNY 19.99 million in the same period of 2023[14] - Basic and diluted earnings per share for the first three quarters of 2024 were both CNY -0.091, compared to CNY 0.023 in the same period of 2023[14] Cash Flow and Liquidity - The total net cash flow from operating activities for the year-to-date was -¥12,776,171.56, a decrease of 123.68% compared to the previous year[2] - The company reported a net cash outflow from operating activities of CNY 12.78 million, a significant decline from a cash inflow of CNY 53.95 million in the previous year[15] - Cash received from sales of goods and services was CNY 341.04 million, down 24.8% from CNY 453.67 million in the same period of 2023[15] - Cash outflow from investment activities was CNY 9.18 million, compared to CNY 166.06 million in the same period of 2023[16] - The ending balance of cash and cash equivalents was $22,430,843.50, down from an initial balance of $58,617,956.02, reflecting a net decrease of $36,187,112.52[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥958,296,099.30, a decrease of 2.14% compared to the end of the previous year[3] - Total assets decreased to 958,296,099.30 yuan from 979,282,699.20 yuan, a reduction of about 2.1%[11] - Total liabilities increased slightly to 623,504,500.99 yuan from 621,123,436.70 yuan, showing a marginal rise of about 0.4%[12] - The company's non-current liabilities rose to 492,778,951.57 yuan from 483,238,371.51 yuan, an increase of approximately 2.5%[12] - The company's retained earnings showed a deficit of -464,239,113.84 yuan compared to -452,423,301.98 yuan, worsening by about 2.6%[12] - The company’s total equity decreased to 334,791,598.31 yuan from 358,159,262.50 yuan, a decline of approximately 6.5%[12] Shareholder Information - The top shareholder, Chow Tai Fook Investment Co., Ltd., holds 55.00% of the shares, totaling 71,389,900 shares[7] - The company plans to issue up to 22,556,390 shares to its controlling shareholder, raising no more than 300 million yuan to optimize its capital structure and reduce financial costs[9] - The company is in the process of a targeted issuance of A-shares, pending approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission[9] Other Income and Expenses - The company reported other income of CNY 6.86 million, down from CNY 11.44 million in the previous year[13] - The company incurred sales expenses of CNY 1.83 million, which is a significant increase compared to CNY 0.85 million in the previous year[13] - The company reported non-recurring gains and losses totaling -¥349,774.19 for the current period[4] Accounting and Standards - The company did not apply new accounting standards for the current reporting period[18]