HSPC(SH:603353)2024-10-30 08:39Financial Performance - Revenue for Q3 2024 was CNY 754,799,372.88, a decrease of 24.73% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 15,717,732.22, down 41.24% year-on-year[2] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 8,645,484.88, a decline of 65.16% compared to the previous year[2] - Basic earnings per share for Q3 2024 was CNY 0.09, representing a decrease of 35.71% year-on-year[3] - Total operating revenue for the first three quarters of 2024 was CNY 2,129,144,295.27, a decrease of 27.1% compared to CNY 2,923,320,922.70 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was CNY 43,060,519.69, a decline of 21.3% from CNY 54,691,387.46 in the same period of 2023[16] - The net profit attributable to shareholders of the parent company for the first three quarters of 2024 was CNY 43,129,073.21, compared to CNY 54,762,149.45 in the previous year, reflecting a decrease of 21.2%[18] - Basic and diluted earnings per share for the first three quarters of 2024 were both CNY 0.25, down from CNY 0.32 in the same period of 2023[18] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 2,109,177,933.15, a decrease of 5.11% from the end of the previous year[3] - Total assets decreased from 2,222,696,464.20 to 2,109,177,933.15, a decline of about 5.1%[13] - Total liabilities as of the end of the third quarter of 2024 were CNY 432,115,219.77, a decrease of 24.4% from CNY 571,666,430.66 at the end of the same period in 2023[16] - Current liabilities decreased from 328,831,526.99 to 248,166,886.85, a reduction of approximately 24.5%[13] - Total equity attributable to shareholders of the parent company was CNY 1,672,183,734.15, an increase of 1.6% from CNY 1,646,082,500.79 in the previous year[16] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 119,095,534.86, an increase of 523.39% compared to the previous year[6] - In the first three quarters of 2024, the cash inflow from operating activities was CNY 2,528,127,125.31, a decrease of 29.5% compared to CNY 3,585,513,885.93 in the same period of 2023[19] - The net cash flow from operating activities increased to CNY 119,095,534.86, compared to CNY 19,104,583.86 in the first three quarters of 2023, marking a significant improvement[19] - Cash inflow from investment activities totaled CNY 2,136,844,323.39, up from CNY 1,178,223,525.18 in the previous year, representing an increase of 81.5%[19] - The net cash flow from investment activities was negative at CNY -149,532,794.87, an improvement from CNY -179,967,389.01 in the same period last year[20] - Cash outflow from financing activities was CNY 469,646,477.44, compared to CNY 73,535,114.50 in the previous year, indicating increased financing activities[20] - The total cash and cash equivalents at the end of the period stood at CNY 80,211,593.74, down from CNY 157,916,792.67 at the end of the same period last year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,829[8] - The largest shareholder, Hunan Heshun Investment Development Co., Ltd., holds 72,371,000 shares, accounting for 41.74% of the total shares[10] - The company has not reported any significant changes in shareholder participation in margin trading or securities lending[10] Operational Insights - The company experienced a significant reduction in gross margin, impacting overall profitability[6] - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[6] - There are no applicable reminders for investors regarding the company's operational situation during the reporting period[11] Cost Management - Total operating costs for the first three quarters of 2024 were CNY 2,084,615,945.84, down 27.3% from CNY 2,866,049,410.27 in the previous year[16] - The company reported a financial expense of CNY 8,819,722.18 for the first three quarters of 2024, down 35.5% from CNY 13,665,477.46 in the same period of 2023[16] - The company’s tax expenses for the first three quarters of 2024 were CNY 15,439,615.43, an increase of 10.3% compared to CNY 14,003,038.83 in the previous year[16] - The cash inflow from sales of goods and services was CNY 2,527,449,664.75, down 29.1% from CNY 3,564,113,505.06 in the same period last year[19] - The company reported a decrease in cash outflow for purchasing goods and services to CNY 2,287,510,917.71 from CNY 3,438,878,824.09 in the previous year, indicating cost control measures[19]