襄阳轴承(000678) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥398,461,612.60, an increase of 2.01% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥7,048,292.46, a decrease of 9.04% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥10,991,946.40, an increase of 24.14% compared to the previous year[3]. - The net profit for the third quarter of 2024 was -24,903,083.82 CNY, compared to -47,893,829.46 CNY in the same period last year, showing an improvement[12]. - The company reported a total comprehensive income of -28,941,706.68 CNY, compared to -44,564,217.41 CNY in the previous year, indicating a reduction in losses[13]. - Basic and diluted earnings per share were both -0.042 CNY, an improvement from -0.097 CNY in the same quarter last year[13]. Cash Flow and Liquidity - The net cash flow from operating activities reached ¥243,194,263.39, a significant increase of 1,188.41% year-on-year[3]. - The net cash flow from operating activities for Q3 2024 was ¥243,194,263.39, a significant increase compared to ¥18,875,479.96 in Q3 2023, reflecting improved operational efficiency[15]. - Total cash outflow from operating activities amounted to ¥660,541,401.44, down from ¥800,023,139.63 in the same period last year, indicating better cost management[15]. - The total cash and cash equivalents at the end of Q3 2024 were ¥92,183,701.64, down from ¥120,708,793.19 at the end of Q3 2023, indicating a liquidity contraction[15]. - The cash outflow for other operating activities was ¥69,280,026.09, significantly lower than ¥155,611,248.73 in the same quarter last year, suggesting improved operational cash management[15]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,363,324,511.26, a decrease of 0.94% from the end of the previous year[3]. - Total liabilities amounted to CNY 1,466,198,751.93, compared to CNY 1,459,656,101.62 at the start of the period, indicating a marginal increase[11]. - The equity attributable to shareholders was ¥814,836,531.22, down 2.86% from the previous year[3]. - The company reported a net loss of CNY 444,854,172.73 in retained earnings, compared to a loss of CNY 425,399,894.32 in the previous period[11]. Revenue and Costs - Total operating revenue for Q3 2024 was CNY 1,095,029,870.21, a decrease of 8.3% compared to CNY 1,194,170,694.11 in the same period last year[11]. - Total operating costs for Q3 2024 were CNY 1,143,280,173.19, down 9.1% from CNY 1,257,694,804.27 year-over-year[11]. - Total revenue from operating activities reached 903,735,664.83 CNY, compared to 818,898,619.59 CNY in the same quarter last year, reflecting a growth of approximately 10.4%[14]. Investments and Development - The company experienced a 2,516.85% increase in investment income, totaling ¥924,658.71, primarily from the disposal of subsidiaries[6]. - Research and development expenses increased to 34,363,957.91 CNY, up from 27,214,362.38 CNY year-over-year, indicating a focus on innovation[12]. - The company plans to invest in new technologies and product lines to drive future growth[10]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 46,929[7]. - The largest shareholder, Sanhuan Group Co., Ltd., held 27.94% of the shares, with 128,400,000 shares frozen[7]. Other Financial Information - The company reported a significant increase in government subsidies, with other income rising by 135.05% to ¥10,821,117.38 year-to-date[6]. - Other income increased to 10,821,117.38 CNY from 4,603,720.84 CNY year-over-year, suggesting enhanced financial performance[12]. - The total tax expense for the quarter was -6,306,903.76 CNY, compared to -5,939,148.62 CNY in the previous year[12]. - The company did not undergo an audit for the Q3 report, which may affect stakeholder confidence in the reported figures[16]. - The company has adopted new accounting standards starting in 2024, which may impact future financial reporting and analysis[16].