煌上煌(002695) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥392,000,501.14, representing a decrease of 9.64% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥17,949,466.18, down 1.96% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥15,148,567.55, a decrease of 8.16%[2]. - Year-to-date revenue from January to September 2024 was ¥1,452,362,234.25, reflecting an 8.11% decline compared to the same period last year[5]. - Total operating revenue for Q3 2024 was CNY 1,452,362,234.25, a decrease of 8.1% from CNY 1,580,610,569.34 in the same period last year[14]. - Net profit for Q3 2024 was CNY 77,736,338.78, a decline of 20.8% compared to CNY 98,175,868.86 in Q3 2023[15]. - The net profit attributable to shareholders of the parent company was CNY 78,564,643.04, down 22.0% from CNY 100,876,425.34 in the previous year[15]. - The company experienced a 22.12% decline in net profit attributable to shareholders year-to-date, primarily due to decreased revenue and increased promotional expenses[5]. Cash Flow - The company's cash flow from operating activities for the first nine months of 2024 was ¥276,650,226.04, an increase of 32.93% year-on-year[6]. - The net cash flow from operating activities for Q3 2024 was CNY 276,650,226.04, an increase from CNY 208,110,107.53 in Q3 2023, representing a growth of approximately 32.9%[16]. - Total cash inflow from operating activities reached CNY 1,600,023,697.03, compared to CNY 1,569,369,133.13 in the previous year, indicating a slight increase of 1.9%[16]. - Cash outflow from operating activities decreased to CNY 1,323,373,470.99 from CNY 1,361,259,025.60, reflecting a reduction of about 2.8%[16]. - The cash flow from investing activities showed a net outflow of CNY 63,928,798.58, an improvement from a net outflow of CNY 305,979,183.16 in the same quarter last year[16]. - Cash inflow from investment activities totaled CNY 92,365,536.81, significantly higher than CNY 42,365,840.21 in Q3 2023, marking an increase of approximately 118.5%[16]. - The net cash flow from financing activities was negative at CNY -128,647,368.35, a decline from a positive cash flow of CNY 363,403,687.12 in the previous year[17]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥3,270,801,984.92, a decrease of 2.69% from the end of the previous year[2]. - Total current assets decreased to ¥1,847,499,374.71 from ¥1,985,646,233.94 at the beginning of the period[11]. - Total liabilities decreased to CNY 494,930,436.46 from CNY 564,020,517.82 year-over-year[14]. - The company's total equity was CNY 2,775,871,548.46, down from CNY 2,797,282,578.04 in the same period last year[14]. - The company's cash and cash equivalents at the end of the reporting period amount to ¥1,211,817,474.46, an increase from ¥1,127,743,415.35 at the beginning of the period[11]. - The total number of common shareholders at the end of the reporting period is 40,425[7]. Shareholder Information - The largest shareholder, Huang Shang Huang Group Co., Ltd., holds 35.54% of shares, totaling 197,952,000 shares[7]. - The second-largest shareholder, Xinyu Huang Shang Huang Investment Management Center (Limited Partnership), holds 19.93% of shares, totaling 111,007,654 shares[7]. - The actual controller of the company, Xu Guifen's family, holds a combined 100% control over Huang Shang Huang Group Co., Ltd.[8]. Expenses - Total operating costs for Q3 2024 were CNY 1,377,083,234.79, down 7.1% from CNY 1,483,352,011.20 year-over-year[14]. - Research and development expenses increased to CNY 52,989,051.82, up 25.3% from CNY 42,397,879.17 in the same quarter last year[14]. - Cash paid to employees increased to CNY 219,925,253.53 from CNY 206,566,495.04, reflecting an increase of about 6.4%[16]. Other Financial Metrics - The weighted average return on equity for the first nine months of 2024 was 2.83%, down 1.39% compared to the same period last year[2]. - The company reported a basic earnings per share of CNY 0.141, compared to CNY 0.197 in Q3 2023[15]. - The company received CNY 4,775,131.20 in tax refunds, an increase from CNY 2,793,204.85 in the previous year, representing a growth of approximately 71.3%[16]. - The company's deferred income increased to CNY 174,794,234.81, up from CNY 165,876,056.18 year-over-year[14]. - The company reported a significant increase in contract liabilities, which rose by 47.49% to ¥24,262,218.68, indicating an increase in customer prepayments[5]. - The financial expenses decreased by 32.05% to ¥-8,029,323.41, attributed to increased interest income from bank deposits and reduced interest expenses from repaid loans[5].