*ST新联(000620) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥688,867,399.43, a decrease of 27.44% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥34,995,441.76, an increase of 106.53% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥14,366,969.87, up 102.71% compared to the same period last year[2] - Total revenue for the third quarter was CNY 2,264,078,669.87, a decrease of 15.3% compared to CNY 2,673,070,161.59 in the same period last year[14] - The company reported a net loss of CNY 3,122,377,091.34, an improvement from a loss of CNY 3,205,881,246.63 in the previous year[13] - The net profit for the third quarter of 2024 was CNY 45,145,589.56, a significant improvement compared to a net loss of CNY 1,764,321,867.48 in the same period last year[15] - The total comprehensive income attributable to the parent company's owners was CNY 87,699,283.47, compared to a loss of CNY 1,722,795,813.26 in the previous year[16] - Basic and diluted earnings per share were both CNY 0.0142, recovering from a loss of CNY 0.9267 per share in the prior year[16] - The total profit for the quarter was CNY 112,511,050.06, compared to a total loss of CNY 1,542,575,942.06 in the same quarter last year[15] - Operating profit for the quarter was CNY 124,499,671.53, a recovery from an operating loss of CNY 1,334,554,656.42 in the previous year[15] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥13,677,963,135.42, a decrease of 7.44% from the end of the previous year[2] - The total liabilities decreased to CNY 7,589,909,558.88 from CNY 8,793,812,397.09, a decline of 13.7%[13] - The company's equity attributable to shareholders increased to CNY 5,500,949,260.74 from CNY 5,377,364,355.37, reflecting a growth of 2.3%[13] - Non-current assets totaled CNY 4,985,221,230.45, an increase from CNY 4,892,322,546.03, indicating a growth of 1.9%[12] Cash Flow - Cash flow from operating activities showed a decline, with cash received from sales and services down 52.95% to ¥1,257,800,592.88[5] - Cash flow from operating activities showed a net outflow of CNY 292,919,966.25, a decline from a net inflow of CNY 405,827,022.54 in the same period last year[17] - The company's cash and cash equivalents decreased to CNY 819,995,996.80 from CNY 1,005,969,185.89, representing a decline of 18.5%[11] - The net increase in cash and cash equivalents was CNY -22,985,727.53, an improvement of 81.48% compared to the previous period, mainly due to increased cash from investment absorption[6] - The ending balance of cash and cash equivalents was 300,104,114.42 CNY, down from 546,533,609.96 CNY at the beginning of the period[18] - Net cash flow from investment activities was 6,193,295.84 CNY, a decrease from 347,608,810.41 CNY in the previous period[18] - Total cash inflow from financing activities reached 333,352,701.64 CNY, compared to 489,829,500.00 CNY in the prior period[18] - Net cash flow from financing activities was 263,723,101.42 CNY, a significant improvement from -876,983,254.94 CNY in the previous year[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 63,934[7] - The largest shareholder, Xinhua Lian Cultural Tourism Development Co., Ltd., holds 32.08% of shares, totaling 1,883,621,642 shares[7] Investments and Restructuring - The company recognized a debt restructuring gain of ¥60,510,047.28 during the reporting period[3] - The company has increased its long-term equity investments by 48.44% to ¥3,374,491.07 due to recognized investment income[5] - The company plans to transfer 100% equity of Huaxia Wine Industry Holdings Co., Ltd. for a total transaction price of CNY 130 million, which is expected to reduce net profit attributable to shareholders by approximately CNY 100 million[10] - The company’s subsidiary, New Silk Road Cultural Tourism Co., Ltd., has received no further comments from the Hong Kong Securities Regulatory Authority regarding the equity transfer transaction[10] - The company has ongoing investments in new technologies and market expansion strategies, although specific figures were not disclosed in the report[14] Expenses and Costs - The company reported a significant decrease in sales expenses by 51.88% to ¥82,947,922.73 due to a reduced scope of consolidation after restructuring[5] - Total operating costs for the quarter were CNY 2,161,174,523.46, down 52.5% from CNY 4,556,422,851.27 in the previous year[14] - The cash outflow for purchasing goods and services was CNY 952,233,322.84, down from CNY 1,371,822,739.97 in the previous year[17] - The company incurred a credit impairment loss of CNY 7,028,136.34, an improvement from CNY 21,529,258.69 in the previous year[15] Other Financial Metrics - The total non-recurring gains and losses amounted to ¥20,628,471.89 for the current period[3] - The company did not receive any cash from subsidiaries or other operating units during the reporting period[18] - The company has not yet adopted the new accounting standards for the current year[19]