CRCH(SH:600636)2024-10-30 09:12Financial Performance - The company's operating revenue for Q3 2024 was ¥91,486,406.48, representing a decrease of 28.36% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥18,381,260.37, down 60.39% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥18,332,958.53, a decrease of 60.08% compared to the previous year[2]. - The basic earnings per share for Q3 2024 was ¥0.0419, reflecting a decline of 60.25% year-on-year[4]. - The diluted earnings per share for Q3 2024 was also ¥0.0419, down 60.25% compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2024 was CNY 159,245,058.40, a decrease of 35% compared to CNY 244,843,458.20 in the same period of 2023[15]. - Net profit for the first three quarters of 2024 was a loss of CNY 18,358,130.89, compared to a net profit of CNY 57,901,170.99 in the same period of 2023[16]. - Basic and diluted earnings per share for the first three quarters of 2024 were both CNY -0.0419, compared to CNY 0.1315 in the previous year[18]. - The total comprehensive income for the first three quarters of 2024 was a loss of CNY 18,358,130.89, compared to a total comprehensive income of CNY 57,901,170.99 in the previous year[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,504,059,417.05, a decrease of 2.55% from the end of the previous year[4]. - The total assets of the company as of September 30, 2024, amounted to approximately CNY 2.50 billion, a decrease from CNY 2.57 billion as of December 31, 2023[12]. - Total liabilities as of the end of the third quarter of 2024 amounted to CNY 68,563,954.65, down from CNY 98,078,301.24 at the end of the same period in 2023[15]. - The total current liabilities increased, with accounts payable rising to approximately CNY 25.88 million from CNY 23.32 million[12]. - The total liabilities decreased to CNY 28,987,259.97 from CNY 42,794,805.87, indicating a reduction of about 32.4%[23]. - The total equity attributable to shareholders of the parent company was CNY 2,435,495,462.40, a decrease from CNY 2,471,399,065.37 in the previous year[15]. - The total equity increased to CNY 2,591,077,763.85 from CNY 2,563,957,117.84, reflecting a growth of approximately 1.1%[23]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥5,914,574.91, a decrease of 123.52% compared to the previous year[2]. - In the first three quarters of 2024, the net cash flow from operating activities was -5,914,574.91 RMB, a decrease from 25,141,695.13 RMB in the same period of 2023[19]. - Total cash inflow from operating activities was 233,214,634.79 RMB, down from 365,595,937.80 RMB year-over-year[19]. - The company's cash flow from sales of goods and services was CNY 9,394,995.87, a decrease from CNY 28,515,002.43 in the same period last year, representing a decline of about 67.0%[25]. - The net cash flow from operating activities was -30,033,848.51, compared to -24,459,190.92 in the previous period[27]. - The cash inflow from investment activities totaled 1,186,469,248.06 RMB, compared to 1,299,688,673.82 RMB in the same period of 2023[20]. - The cash flow from investment activities showed a net inflow of 35,001,795.86 RMB, a significant improvement compared to a net outflow of -193,653,752.26 RMB in the previous year[20]. - The company reported a total cash outflow from financing activities of 21,531,243.33 RMB, down from 49,167,724.98 RMB in the same period last year[20]. Operational Efficiency - Accounts receivable decreased significantly to approximately CNY 34.83 million from CNY 65.60 million, indicating improved collection efficiency[11]. - Inventory decreased to approximately CNY 79.26 million from CNY 87.63 million, reflecting better inventory management[11]. - The company reported a decrease in other receivables to approximately CNY 8.74 million from CNY 14.13 million, suggesting improved financial health[11]. - The company's financial expenses showed a significant improvement, with interest expenses decreasing to CNY 87,816.80 from CNY 220,110.00, a reduction of about 60%[23]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 59,472,439.00, slightly down from CNY 61,293,537.71 in the same period of 2023[15]. Shareholder Information - The company has no significant changes in major shareholders or their shareholding status compared to the previous period[10]. - The company has not engaged in any share lending or borrowing activities during the reporting period[10]. - The company reported a total of CNY 1,088,741.90 in payable dividends, unchanged from the previous year, indicating stability in dividend distribution[23]. Future Outlook - The company has adopted new accounting standards starting in 2024, which may impact future financial reporting[27]. - There are no significant new strategies or product developments mentioned in the report[10].