Wondux(SH:688178)2024-10-30 08:09Financial Performance - The company's operating revenue for Q3 2024 was ¥137,734,752.66, a decrease of 43.72% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥9,069,078.43, down 38.54% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 82.56% in Q3 2024, amounting to ¥9,073,653.98[3]. - The basic earnings per share for Q3 2024 was ¥0.1067, a decrease of 38.36% compared to the previous year[3]. - The company reported a net profit margin of 6.58% for Q3 2024, down from the previous year's margin[6]. - The weighted average return on equity for Q3 2024 was 0.8131%, a decrease of 0.41 percentage points year-on-year[3]. - The net profit for the third quarter of 2024 is CNY 1,010,130.45, a significant decrease from CNY 19,184,260.42 in the same period last year, representing a decline of approximately 94.7%[19]. - The operating profit for the third quarter is CNY 2,327,356.64, down from CNY 5,480,175.03, indicating a decrease of about 57.5% year-over-year[19]. - The total profit for the third quarter is CNY 1,472,833.15, down from CNY 17,725,232.94, representing a decline of about 91.7%[18]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was -¥41,328,065.07, indicating a significant cash outflow[2]. - The net cash flow from operating activities for the third quarter is CNY 31,688,077.12, a turnaround from a negative cash flow of CNY -121,033,295.82 in the previous year[20]. - Cash and cash equivalents dropped to CNY 76,818,221.56 from CNY 144,335,205.76, a decrease of 46.6%[14]. - Current assets decreased to CNY 1,177,001,905.25 as of September 30, 2024, from CNY 1,394,705,907.78 at the end of 2023, representing a decline of 15.6%[14]. - Total liabilities decreased to CNY 984,275,650.75 from CNY 1,045,717,401.76, a reduction of 5.9%[16]. - The total equity attributable to shareholders increased to CNY 1,117,587,568.69 from CNY 1,110,191,127.60, a slight increase of 0.7%[16]. - Cash and cash equivalents at the end of the period were $50.73 million, down from $142.28 million in the previous year[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 5,194, with the largest shareholder, Nanjing Wonders Investment Co., Ltd., holding 24,584,139 shares, accounting for 28.88% of the total shares[8]. - Liu Jun, a significant shareholder, holds 8,353,786 shares, representing 9.81% of the total shares[8]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest three shareholders alone accounting for over 43% of the total shares[10]. - Nanjing Wonders Investment Co., Ltd. and Nanjing Huicai Investment Management Center (Limited Partnership) are controlled by Liu Jun, indicating a potential influence on company decisions[10]. - The report indicates that there are no significant changes in the shareholding structure compared to the previous period[12]. Operational Insights - The company has not disclosed any significant operational issues during the reporting period[13]. - The financial statements for the quarter have not been subject to audit opinions, indicating a standard reporting process[13]. - The company has not participated in margin trading or securities lending as of September 30, 2024[10]. Research and Development - Research and development expenses totaled ¥6,242,086.72 in Q3 2024, a decrease of 13.25% year-on-year, but accounted for 4.53% of operating revenue, an increase of 1.59 percentage points[3]. - Research and development expenses increased to CNY 23,885,984.67 from CNY 22,731,872.65, reflecting a rise of approximately 5.1%[18]. Changes in Accounting Standards - The company adopted new accounting standards starting in 2024, which may affect financial reporting[22].