Financial Performance - The company's operating revenue for Q3 2024 was ¥142,442,370.38, representing a year-on-year increase of 24.87%[2] - The net profit attributable to shareholders for Q3 2024 was -¥300,244.48, a decrease of 95.16% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥3,083,085.74, reflecting a year-on-year increase of 41.13%[2] - The company's operating income for the year-to-date period reached 32.77 million, primarily due to new sales orders[8] - The net profit attributable to shareholders for the current period was 95.16 million, driven by increased operating income[8] - Net profit for Q3 2024 was CNY 6.82 million, compared to a net profit of CNY 0.08 million in Q3 2023, indicating a significant turnaround[17] - Operating profit for Q3 2024 was CNY 7.35 million, a recovery from an operating loss of CNY 4.36 million in the same period last year[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,453,437,245.49, an increase of 10.1% compared to the end of the previous year[3] - The total equity attributable to shareholders at the end of the reporting period was ¥614,497,358.74, a slight decrease of 0.02% compared to the previous year[3] - As of September 30, 2024, current assets totaled CNY 845,132,566.13, an increase of 24.5% from CNY 678,871,438.41 on December 31, 2023[13] - Total liabilities reached CNY 838,939,886.75, an increase of 18.9% from CNY 705,540,414.63[15] - The company's total assets amounted to CNY 1,453,437,245.49, up from CNY 1,320,133,894.48, indicating a growth of 10.1%[14] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥39,230,328.43, showing a significant increase of 189.06% compared to the same period last year[2] - Cash flow from operating activities generated CNY 39.23 million, a substantial improvement from a negative cash flow of CNY 44.05 million in Q3 2023[19] - Total cash inflow from operating activities was CNY 393.64 million, compared to CNY 295.83 million in Q3 2023, representing a 33.1% increase[19] - The net cash flow from investment activities was 4,440,585.13 CNY, a decrease of 30,668,946.38 CNY compared to the previous period[20] - Cash inflow from financing activities totaled 246,080,251.24 CNY, compared to 286,460,378.06 CNY in the prior period[20] Expenses - Research and development expenses totaled ¥10,808,741.56 in Q3 2024, up 57.12% year-on-year, accounting for 7.59% of operating revenue[3] - The company reported a significant increase in credit impairment losses, totaling 1,382.22 million, mainly due to an increase in accounts receivable[8] - The company’s sales expenses for the current period were 40.14 million, attributed to an increase in the number of sales personnel and related costs[8] - Research and development expenses decreased to CNY 25.01 million from CNY 30.16 million, showing a 17.5% reduction year-over-year[16] - Sales expenses increased to CNY 33.19 million, up from CNY 23.68 million, reflecting a 40.4% rise compared to the previous year[16] Government Subsidies and Other Income - The company reported a total of ¥2,439,392.30 in government subsidies recognized in the current period, which are closely related to normal business operations[4] - The company recorded non-recurring gains of ¥2,782,841.26 for the year-to-date, with significant contributions from government subsidies and asset disposals[5] - The company reported other income of CNY 9.67 million, significantly higher than CNY 3.66 million in Q3 2023, marking a 164.5% increase[16] Equity and Borrowings - The company's long-term receivables decreased by 36.40 million, reflecting successful recoveries[8] - The company’s long-term borrowings decreased to CNY 71,527,532.16 from CNY 81,796,361.31, a reduction of 12.8%[15] - The total cash and cash equivalents amounted to 127.12 million, attributed to increased collections[8] - The total cash and cash equivalents at the end of the period reached 135,510,715.66 CNY, compared to 20,827,054.67 CNY at the end of the previous period[20] Accounting Standards - The company did not adopt new accounting standards for the current reporting period[21]
元琛科技(688659) - 2024 Q3 - 季度财报