Lafang(SH:603630)2024-10-30 08:29Financial Performance - The company's operating revenue for Q3 2024 was ¥241,243,595.78, a decrease of 1.27% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥17,455,877.49, down 18.94% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥15,395,200.94, a decrease of 21.10% compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.07, reflecting a decline of 30.00% from the same period last year[3] - The diluted earnings per share for Q3 2024 was also ¥0.07, down 30.00% year-on-year[3] - Net profit for Q3 2024 was CNY 54,342,183.87, a decrease of 23% compared to CNY 70,614,400.97 in Q3 2023[17] - Operating profit for Q3 2024 was CNY 61,069,750.63, down from CNY 79,510,860.23 in the same period last year, reflecting a decline of approximately 23%[17] - Total profit for Q3 2024 was CNY 60,732,391.87, down 25% from CNY 80,869,836.18 in Q3 2023[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,218,402,261.59, an increase of 1.74% from the end of the previous year[3] - The company's total liabilities as of the third quarter of 2024 amounted to RMB 256,045,030.27, compared to RMB 195,219,310.24 in the previous year, showing a rise in financial obligations[15] - The total equity attributable to shareholders of the parent company was RMB 1,946,519,831.41, a decrease from RMB 1,968,547,704.00 in the previous year[15] - The total assets of the company as of the third quarter of 2024 were RMB 2,218,402,261.59, compared to RMB 2,180,442,832.01 in the previous year, indicating growth in asset base[15] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥186,874,047.72, an increase of 37.72% compared to the same period last year[2] - Cash flow from operating activities for the first three quarters of 2024 was CNY 186,874,047.72, an increase of 37.7% compared to CNY 135,691,767.59 in the same period last year[19] - Net cash flow from investment activities was -179,186,857.37 CNY, compared to -190,507,600.07 CNY in the previous year, indicating a slight improvement[20] - Cash flow from financing activities was -79,029,208.65 CNY, worsening from -31,197,422.30 CNY year-over-year[20] - The net increase in cash and cash equivalents was -71,479,280.16 CNY, compared to -85,655,036.63 CNY in the prior year[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,241[7] - The company has been actively repurchasing shares, with announcements made regarding the progress of share buybacks throughout 2024[11] - The company has not disclosed any significant changes in major shareholders or their participation in margin trading activities during the reporting period[10] Operational Costs and Expenses - Total operating costs for the first three quarters of 2024 were RMB 614,220,423.80, up from RMB 521,582,686.07 in 2023, reflecting a significant increase in costs[16] - Research and development expenses increased to RMB 29,120,118.31 in 2024 from RMB 25,138,009.03 in 2023, indicating a focus on innovation[16] Other Financial Metrics - The weighted average return on equity decreased by 0.20 percentage points to 0.90% for Q3 2024[3] - The company reported non-recurring gains of ¥2,060,676.55 for the current period[5] - The company reported a credit impairment loss of CNY 10,986,282.55 in Q3 2024, compared to a gain of CNY -13,390,443.33 in Q3 2023[17] - The company reported a significant decrease in cash inflow from investment income, which was 424,191.02 CNY compared to 2,149,933.39 CNY last year[20]