HXSS(600477)2024-10-30 09:41Financial Performance - The company's operating revenue for Q3 2024 was ¥1,122,462,566.68, representing a decrease of 59.92% compared to the same period last year[2]. - The net profit attributable to shareholders for the same period was ¥45,440,618.50, down 4.50% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥37,463,912.34, a decrease of 8.97% compared to the previous year[2]. - Total operating revenue for the first three quarters of 2024 was CNY 5,979,000,069.62, a decrease of 22.1% compared to CNY 7,689,191,590.12 in the same period of 2023[13]. - Net profit for the first three quarters of 2024 was CNY 212,483,960.74, compared to CNY 275,271,357.95 in the same period of 2023, indicating a decline of 22.8%[14]. Assets and Liabilities - The total assets at the end of the reporting period were ¥16,030,582,917.59, a decrease of 2.36% from the end of the previous year[3]. - The total liabilities as of September 30, 2024, were CNY 9,237,000,000, compared to CNY 9,500,000,000 as of December 31, 2023, showing a decrease of approximately 2.77%[11]. - The company's total liabilities as of September 30, 2024, were CNY 10,461,502,875.04, a decrease from CNY 10,858,429,327.66 at the end of 2023[12]. - The total equity attributable to shareholders of the parent company was CNY 5,208,547,015.59 as of September 30, 2024, compared to CNY 5,181,526,008.54 at the end of 2023, showing a slight increase of 0.5%[12]. Cash Flow - The company reported a net cash flow from operating activities of -¥599,549,982.93 for the year-to-date[2]. - In the first three quarters of 2024, the cash inflow from operating activities was approximately ¥5.45 billion, a decrease of 8.5% compared to ¥5.96 billion in the same period of 2023[15]. - The net cash flow from operating activities for the first three quarters of 2024 was approximately -¥599.55 million, an improvement from -¥676.49 million in the first three quarters of 2023[15]. - The cash outflow from investment activities in the first three quarters of 2024 was approximately ¥287.49 million, significantly lower than ¥1.01 billion in the same period of 2023[16]. - The net cash flow from financing activities in the first three quarters of 2024 was approximately ¥159.94 million, a decrease from ¥607.19 million in the same period of 2023[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 70,831[6]. - There were no significant changes in major shareholders due to the lending and return of shares[9]. Future Outlook - The company did not provide any specific guidance for future performance in this report[10]. - The company plans to focus on market expansion and new product development in the upcoming quarters to enhance revenue streams[14]. - The company has identified potential acquisition targets to strengthen its market position and diversify its product offerings[14]. Research and Development - Research and development expenses for the first three quarters of 2024 were CNY 343,949,829.46, down from CNY 406,609,131.49 in the same period of 2023, a decrease of 15.4%[13]. - The company has not reported any new products or technologies in this quarter[9].