Hylink(SH:603825)2024-10-30 09:17Financial Performance - The company's operating revenue for Q3 2024 was ¥387,799,408.66, representing a decrease of 71.21% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥122,265,034.11, with a year-to-date net profit of -¥224,914,743.00[2]. - The company reported a significant decline in revenue, with a year-to-date decrease of 58.88% attributed to reduced income[7]. - Total operating revenue for the first three quarters of 2024 was CNY 1,801,396,561.03, a decrease of 58.9% compared to CNY 4,381,196,403.86 in the same period of 2023[16]. - Net loss attributable to shareholders of the parent company for Q3 2024 was CNY -224,914,743.00, compared to a loss of CNY -120,072,609.89 in Q3 2023[17]. - The total comprehensive loss for Q3 2024 was CNY -216,302,709.61, compared to a loss of CNY -124,691,492.17 in Q3 2023[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,549,029,966.87, down 17.66% from the end of the previous year[4]. - The total liabilities decreased to CNY 1,997,710,116.21 in Q3 2024 from CNY 2,325,781,423.04 in Q3 2023, indicating a reduction of 14.1%[15]. - The equity attributable to shareholders decreased by 22.20% to ¥743,227,842.83 compared to the end of the previous year[4]. - The company's total equity attributable to shareholders decreased to CNY 743,227,842.83 in Q3 2024 from CNY 955,269,534.71 in Q3 2023, a decline of 22.2%[15]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥233,177,561.68, reflecting a decrease of 136.87%[2]. - The company's cash flow from operating activities showed a significant decline, reflecting challenges in revenue generation and cost management[16]. - In the first three quarters of 2024, the cash inflow from operating activities was CNY 2,876,332,862.18, a decrease of 54.9% compared to CNY 6,372,140,515.15 in the same period of 2023[19]. - The net cash flow from operating activities for Q3 2024 was -CNY 233,177,561.68, compared to a positive cash flow of CNY 632,472,091.46 in Q3 2023[20]. - Cash outflow from operating activities totaled CNY 3,109,510,423.86 in Q3 2024, down 45.5% from CNY 5,739,668,423.69 in Q3 2023[20]. - The net cash flow from investing activities was CNY 38,308,442.94 in Q3 2024, significantly up from CNY 1,382,437.65 in Q3 2023[20]. - The net cash flow from financing activities was CNY 161,669,185.90 in Q3 2024, recovering from a negative cash flow of -CNY 761,849,954.91 in Q3 2023[21]. Shareholder Information - The company reported a total of 37,098 common shareholders at the end of the reporting period[10]. - The largest shareholder, Su Tong, holds 26.21% of the shares, with a total of 66,389,131 shares[10]. - The company has no significant changes in the participation of major shareholders in margin financing and securities lending activities[10]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 69,718,207.29, significantly lower than CNY 158,228,908.59 in the same period of 2023, representing a decrease of 56.0%[16]. - The company has not disclosed any new product developments or market expansion strategies in the current report[6]. - The company plans to focus on market expansion and new product development to improve future performance[16].