申华控股(600653) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥862,350,629.54, a decrease of 30.49% compared to the same period last year[2] - The net profit attributable to shareholders was -¥17,311,200.75, representing an increase of 51.91% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥20,984,449.72, a decrease of 39.68% compared to the previous year[2] - The basic earnings per share for Q3 2024 was -¥0.0089, an increase of 51.89% year-on-year[2] - The weighted average return on net assets was -2.352%, an increase of 1.55 percentage points compared to the previous year[2] - Net profit for Q3 2024 was CNY -54,900,413.77, an improvement compared to CNY -61,824,698.12 in Q3 2023, indicating a narrowing of losses[17] - The total comprehensive income for Q3 2024 was CNY -55,002,732.65, compared to CNY -62,061,812.66 in Q3 2023, indicating a reduction in overall losses[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,137,398,564.47, down 5.34% from the end of the previous year[3] - Current assets as of September 30, 2024, totaled CNY 1,547,283,757.53, down from CNY 1,646,680,752.74 at the end of 2023, reflecting a decrease of approximately 6%[11] - Cash and cash equivalents decreased to CNY 186,976,394.30 from CNY 211,177,521.39, a decline of about 11.4%[11] - Inventory as of September 30, 2024, was CNY 822,294,208.39, down from CNY 936,922,761.10, indicating a reduction of approximately 12.2%[11] - Total liabilities decreased to CNY 2,259,637,511.28 from CNY 2,365,131,762.03, a reduction of about 4.5%[13] - Non-current assets totaled CNY 1,590,114,806.94, down from CNY 1,667,874,795.13, reflecting a decrease of approximately 4.6%[12] - Short-term borrowings decreased significantly to CNY 388,123,897.83 from CNY 556,627,384.58, a decline of about 30.3%[12] - Total equity attributable to shareholders decreased by 7.19% to ¥727,353,970.90 compared to the end of the previous year[3] - The company reported a net loss of CNY 1,554,989,925.42 in retained earnings as of September 30, 2024, compared to a loss of CNY 1,498,751,606.63 at the end of 2023[13] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥118,463,783.29, an increase of 86.46% compared to the same period last year[6] - Cash flow from operating activities for the first three quarters of 2024 was CNY 118,463,783.29, up from CNY 63,533,969.06 in the same period of 2023, showing improved cash generation[18] - The net cash inflow from investment activities for the first three quarters of 2024 was CNY 103,938,978.99, compared to CNY 80,216,813.63 in the same period of 2023, indicating improved investment recovery[18] - Investment activities cash outflow totaled $128,201,313.92, compared to $102,014,710.34 in the previous period[19] - Net cash flow from investment activities was -$24,262,334.93, slightly worse than -$21,797,896.71 last year[19] - Cash inflow from financing activities amounted to $250,464,775.00, down from $296,194,137.00[19] - Cash outflow for debt repayment was $255,750,000.00, compared to $188,437,706.97 in the previous period[19] - Net cash flow from financing activities was -$78,360,500.90, worsening from -$39,021,755.28 last year[19] - The net increase in cash and cash equivalents was $15,810,257.98, compared to $2,756,305.92 previously[19] - The ending balance of cash and cash equivalents was $127,573,946.26, up from $105,644,903.96 last year[19] Government Support and Other Income - The company received government subsidies amounting to ¥7,309,045.04 during the reporting period, contributing to other income[4] Operational Efficiency - Total operating costs for Q3 2024 were CNY 2,910,020,505.03, a decrease from CNY 3,569,562,789.92 in Q3 2023, reflecting a cost reduction strategy[16] - Operating profit for Q3 2024 was CNY -53,920,621.39, slightly improved from CNY -56,530,679.23 in Q3 2023, suggesting operational efficiency gains[16] - The company’s tax expenses for Q3 2024 were CNY 1,719,744.76, significantly lower than CNY 4,894,093.79 in Q3 2023, reflecting a decrease in taxable income[16] Investment Performance - The company reported a significant increase in fair value gains of 178.55% due to market price changes of financial assets[5] - The company’s investment income for Q3 2024 was CNY -15,824,648.49, worsening from CNY -13,323,991.04 in Q3 2023, highlighting challenges in investment performance[16] Strategic Developments - The company has not reported any significant new strategies or product developments during the reporting period[10] - The company has adopted new accounting standards starting in 2024, which may affect financial reporting[20]